A growing group of lenders are looking to unload hundreds of millions of dollars of souring hotel loans. Teams hired to sell the portfolios say it's just the beginning of a surge in activity.
The trickle of deals could increase to billions of dollars of distressed debt sales as lenders seek to cut ties with bad loans in the lodging sector.
Daniel Geiger | The trickle of deals could increase to billions of dollars of distressed debt sales as lenders seek to cut ties with bad loans in the lodging sector.
Weng Cheong | Case studies are real-world examples of why businesses succeed or fail — like Apple changing its name to pivot away from just producing computers.
Ashley Stewart | An analysis of the most high-profile Microsoft executive departures help shed light on how the company's transformation has taken shape.
Shana Lebowitz | If you're unhappy at work but worried about the implications of quitting in a recession, take heart. There are ways to alleviate the daily stress.
Megan Hernbroth | CB Insights found many of the more than 9,600 investor-backed companies that applied for PPP loans had raised funding in the last 2 years
Kimberly Leonard,Lydia Ramsey Pflanzer | The startups tapped into a massive government loan program to help them stay afloat during the coronavirus pandemic.
Joe Williams,Benjamin Pimentel | IBM said Wednesday it is acquiring WDG Automation, a Brazilian automation company, highlighting the growing importance of robotic process automation.
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