Lindell’s company had to turn to a merchant cash advance provider, which are considered payday lenders for businesses.

Lindell, who has been sued over his false claims the 2020 election was rigged, said misconduct by the company makes the loan ...

MyPillow and its owner, Mike Lindell, have sued a payday lender. It's at least the third lawsuit with other high-rate advance ...

MyPillow and CEO Mike Lindell are suing another merchant cash advance company over an allegedly illegal loan. The Chaska-based manufacturer borrowed $1.5 million from Cobalt Funding Solutions in ...

MyPillow owner Mike Lindell said in a lawsuit this week that his company took on a loan at an annual interest rate of 409%, contributing to the company’s dire financial straits, according to a report.

Cobalt, Streamline, and two men named as defendants "took advantage" of MyPillow, "a cash-strapped business that needed funds ...

St. Petersburg is seeking to take out a $50 million loan as it awaits reimbursements from insurance and the Federal Emergency ...

( NewsNation) — A new rule from the Biden administration would cap overdraft fees at $5, lower than the average of $26 in ...

Get global perspectives and insights from CEOs on the biggest stories in business. New jobs and developments are booming, but ...

Months Before C.E.O.’s Killing, the Suspect Went Silent. Where Was He? New details are emerging about Luigi Mangione’s growing impatience with “a capitalist society” and his search for ...

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 10, 2024. REUTERS/Brendan McDermid Wall Street pulled back on Thursday as investors evaluated key ...

While struggling to pay their bills in 2007, two San Francisco residents began renting their spare room out to conference-goers when all the hotels in the city were full. Less than two decades ...