Self-driving tech startup Waabi raises $1 billion, expands to robotaxis
Waabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding for its commercial expansion, ...
Tag: commercial financing
Core capital goods orders rise 5.5% YoY in November
Orders for core capital goods increased in November as favorable fiscal and monetary policies improved capital spending. In November, core capital goods orders, which ...
PACCAR Financial, Parts rise despite softer truck demand
PACCAR reported solid financial results in 2025, with record performance from its parts and financial services divisions helping offset a ...
Autonomous trucking firm Gatik inks contracts worth $600 million
Autonomous trucking startup Gatik AI Inc. signed a deal with a major consumer-goods company that will double its contracted revenue ...
FDIC approves GM Financial Bank, Ford Credit Bank
GM Financial and Ford Credit are one step closer to forming industrial banks following approval this week from the FDIC and Utah Department of Financial Institutions. ...
Deere CFO leaving for Honeywell Aerospace, interim named
Agriculture OEM John Deere’s chief financial officer will leave the company next month to take the same position at Honeywell Aerospace. Deere ...
EquipmentShare completes IPO, begins trading on Nasdaq
EquipmentShare has completed its transition to a public company, pricing its initial public offering at $24.50 per share today on ...
Huntington’s net charge-offs improve 59 basis points
Huntington Bank’s net charge-offs for equipment lease financings improved in the fourth quarter of 2025 as the lender recovered lease financings amid an overall improvement in its commercial ...
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