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Companies are turning to the commercial paper market to reduce interest costs and prepare for potential rate cuts from the Federal Reserve. Commercial paper, which has a short maturity, allows companies to quickly benefit from falling interest rates and can serve as a cheaper alternative to bank loans. Despite volatility in the market, corporate bond sales have remained strong. Issuance in the commercial paper market has increased since the initial economic shock caused by the pandemic. Companies are finding that the savings from commercial paper programs can outweigh the fixed costs, making it an attractive option. [Extracted from the article]

O'Neal is one of several celebrities named in a proposed class-action lawsuit filed by FTX investors against the collapsed cryptocurrency exchange and the stars who appeared in its advertisements. Attorneys for the plaintiffs touted on Twitter: "UPDATE: Plaintiffs in the billion $ FTX class action case just served@SHAQ outside his house." Lawyers for FTX Investors Struggle to Serve Him Papers. [Extracted from the article]

The dealership resorted to a workaround - a power of attorney agreement that gave the dealer the ability to sign the title once it was available, says Mr. Huston, who works in farm-equipment sales. Photo: Isaac Armstrong William Huston, of Sturgis, S.D., heard about the title-paper difficulties when he was trading in his Dodge Challenger for a Ford pickup. [Extracted from the article]