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Saturday, November 23, 2024

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Banking and Finance

LendingPoint Appoints Shawn Stone as New CEO Amid Leadership Transition

LendingPoint, a US-based online lender specializing in direct-to-consumer loans, has appointed Shawn Stone as its new CEO and board member. Stone succeeds Mark Lorimer, who had been serving as interim CEO following the departure of co-founder and former CEO Tom Burnside in December. LendingPoint, founded in 2014 and headquartered in...
CEO SpotlightMoney and Wealth

Elon Musk’s Wealth Plummets by Over $16 Billion Amid Tesla’s Market Downturn

Elon Musk, the world's wealthiest individual, experienced a significant decrease in his wealth on Wednesday as Tesla's stock price plummeted, impacting the net worths of several other billionaires linked to various companies. Although Musk's loss was the most substantial, he wasn't alone in facing financial setbacks. Several high-profile billionaires saw...
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