RALEIGH, N.C. - (03/18/05) -- State Employees' CU said it donatedcopies of "Triumph at Kitty Hawk" the story of America's firstflight in North Carolina's backyard to schools in Union County. Thebook tells about the Wright brothers' work at Kitty Hawk from aNorth Carolina perspective. The credit union bought the booksthrough the state Department of Cultural Resources to sell during afund-raiser to benefit programs at North Carolina's state mentalhospitals. The remaining books are being donated to the public andmiddle schools in the state.
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Jack Dorsey's payments company also laid off employees early in 2025 and 2024 following a self-imposed employee cap of 12,000 in November 2023.
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To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
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Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hard-line stance on modifications.
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Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
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Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
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