Equipment finance company Odessa has entered the auto industry. The company has launched an originations platform called Odessa Auto and plans to grow it into a full-service end-to-end auto finance suite, Odessa said in a Wednesday (April 24) press release. “Odessa’s deep asset finance experience enables the company to offer state-of-the-art auto origination technology on Day 1,” Robert Johnson, executive vice
In a state budget amendment, Gov. Glenn Youngkin pledged to support Metro with an additional $133.7 million amid a projected shortfall for the transit agency. The pledge came with a caveat: It would strip funding from a transit investment fund used by Northern Virginia jurisdictions. Leaders from the Northern Virginia Transportation Commission, the regional body
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Like most automotive brands, the future of sports car brands like Ferrari (RACE) is defined by the advent of high performance electric-powered vehicles. Though rivals like Lamborghini can claim that their EVs will be an “emotional” experience, Ferrari is pouring in major amounts of money into actual key research for its electric future. Scientists at
Martin Kidston (Missoula Current) The U.S. Department of Transportation on Friday made $2.4 billion available to help local railroads modernize both freight and passenger rail infrastructure, and the Big Sky Passenger Rail Authority may consider several projects. The Consolidated Rail Infrastructure and Safety Improvement program, or CRISI, looks to advance projects that modernize the nation’s
Christmas has come early to the American taxpayers! One of the provisions of a recently passed tax law allows beneficiaries of certain education investments to perform a tax-free rollover to a Roth Individual Retirement Account (IRA) for their benefit. Why is this important? First, the excess education funds will be taxed to the beneficiary should
TEWKSBURY — As part of the Federal Community Project Funding appropriation that helps members of Congress fund projects in their districts, Tewksbury was awarded $850,000 to support sidewalk and safety improvements for Livingston Street. Livingston Street is a major artery that connects East Street to Main Street and the upgrades will bridge a significant gap
John LaCarte said he’s not much of a golfer. But he bought a golf course anyway. “I’m an average golfer at best,” the developer from Washington County-based LaCarte Enterprises. Golf, he said, is a special place for him. It’s where he could walk the course and play with his father. The Stonecrest Golf Course closed
This past year was more difficult than United Parcel Service imagined when it set its three-year goals back in 2021. UPS stock closed above $200 a share on June 9, after the 2021 meeting. Shares closed this past week at $156.27. On Tuesday, UPS is set to meet with analysts and investors in Louisville, Ky.,
Now Boeing investors, whether they like it or not, have to prepare themselves for Monday’s trading session with as much detail—and context—as possible. On Friday, a United Airlines flight was found to be missing an external panel when it landed in Oregon. The plane involved was a 25-year-old 737 NG, or Next Generation, model. Boeing’s