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Press release content from Globe Newswire. The AP news staff was not involved in its creation. City National Bank Promotes Lindsay Dunn to Executive Vice President and Head of Real Estate Banking City National BankFebruary 10, 2021 GMT Dunn Succeeds Mark Forbes; Forbes Becomes Vice Chairman of Real Estate Banking LOS ANGELES, Feb. 10, 2021 (GLOBE NEWSWIRE) City National Bank, America’s Premier Private and Business Bank®, today announced that Lindsay Dunn has been promoted to executive vice president and head of Real Estate Banking, responsible for providing a wide range of financial services to real estate developers and investors in markets in which the bank operates. She has joined City National’s Executive Committee and reports directly to President Richard A. Raffetto. Mark Forbes, former executive vice president and head of Real Estate Banking, has moved to the new role of vice chairman of Real Estate Banking. ....
Feds Investigating Posts on Reddit, Social Media for Signs of GameStop Stock Fraud By Rudy TakalaFeb 3rd, 2021, 4:22 pm Olivier Douliery/Getty Images Officials at the Securities and Exchange Commission are reportedly investigating posts published by users of Reddit and social media for signs of fraud related to the surge in stock prices for several companies, including GameStop and AMC Theatres. Individuals familiar with the issue told Bloomberg the commission was investigating whether there was a move to improperly manipulate the market. Observers have questioned if last week’s surge in stock prices resulted exclusively from organic behavior by users on Reddit, who began by encouraging each other to buy shares in GameStop, or whether it was amplified by high-net-worth investors who sought to manipulate public sentiment. ....
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The Greater Nashville Technology Council has welcomed seven newly elected board members and one new ex-officio member. According to Chris Bayham, COO at XSOLIS and Tech Council board chair, the new members include the following: • Brice Brewer, Director of Software Engineering, Amazon • Brice Perez, Specialist Customer Engineer of Data Analytics, Google Cloud • Chase Williams, Vice President of Professional Services, 3-D Technology Group • Eric Stephens, Chief Analytics Officer at Nashville General Hospital • Jessica Burns, AVP of HCA Client Relations, CereCore • Karen Brake, North America Chief Technology Officer, Nissan • Tara Jones, interim Chief Information Officer, Brookdale • Jeff Hite, Chief Economic Development Officer, Nashville Area Chamber of Commerce ....
Hawaii businesses face huge unemployment insurance tax hikes Hawaii businesses could see their unemployment insurance triple if leaders don t rewrite a certain state law By Chelsea Davis | January 12, 2021 at 11:01 PM HST - Updated January 13 at 10:21 AM HONOLULU, Hawaii (HawaiiNewsNow) - Hawaii businesses could see their unemployment insurance taxes triple in the spring. The state owes the federal government approximately $700 million after it took out a loan to shore-up unemployment funds last year. Under current state law, businesses have to pay off the loan. Desperate to avoid that, state officials and legislators are racing to re-write the law. “We are continuing to look at ways that we can pay back that loan,” said Linda Chu Takayama, Governor David Ige’s chief of staff. ....