EXCLUSIVE Inside story of Blake Lively's disastrous attempt to copy Gwyneth Paltrow: Staff blow whistle on drugs, affairs and a bed IN THE OFFICE
Established in 2014, Preserve was meant to be Blake's answer to Gwyneth Paltrow 's , selling high-priced artisanal goods online. But it within a year.
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Finextra
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Thread Bancorp, Inc. and Thread Bank (together, 'Thread') today announced the appointment of Marty Miracle as Chief Digital Officer, further reinforcing Thread's commitment to digital transformation and technology-driven growth. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. In this executive role, Miracle will lead the development and execution of Thread's digital strategy, building on its strong foundation of embedded, business, and personal banking solutions. Miracle joins Thread from Sutton Bank, where he most recently served as Chief Technology Officer, Chief Information Security Officer, and Certified Chief AI Officer. During his tenure, he led the end-to-end transformation of the bank's technology and digital platforms, integrating AI, automation, and core banking modernization, while also establishing key enterprise functions such as Information Security, Risk Management, and Technology Strategy. 'We are thrilled to welcome Marty to Thread and know that his unique blend of technical depth, FinTech expertise, and visionary leadership will go a long way in helping us achieve our digital goals,' said Chris Black, CEO, President and member of the Board of Directors of Thread. 'As we continue to evolve, Marty's leadership will be essential to shaping the future of our technology capabilities and delivering seamless, secure, and scalable banking experiences to our partners and customers.' As Chief Digital Officer of Thread, Miracle will lead the Company's technology strategy, overseeing engineering, infrastructure, and cybersecurity functions to drive innovation and scale its embedded banking platform. Focused on building secure, compliant, API-first infrastructure, he will play a role in aligning technology with business objectives, ensuring system resilience and regulatory readiness, and enabling seamless integrations with banks, middleware providers, and compliance partners. Miracle's leadership will also be key to advancing agile development practices and cultivating a high-performing technical team. 'I'm thrilled to join Thread as it continues to set the standard for how community banks can succeed through embedded banking,' Miracle said. 'This role is an opportunity to blend strategy, technology and creativity to build secure, forward-looking infrastructure. I look forward to working with the team at Thread to drive meaningful digital transformation for our partners and customers.'
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GM to import EV batteries from China's CATL, source says
Aug 7 (Reuters) - General Motors (GM.N), opens new tab will import electric vehicle batteries from Chinese battery giant CATL ( opens new tab, a source familiar with the matter told Reuters on Thursday. The arrangement is a stopgap for GM in the next couple of years as it works to manufacture its own lower-cost batteries made with lithium iron phosphate (LFP) chemistry, the source said. "For several years, other U.S. automakers have depended on foreign suppliers for LFP battery sourcing and licensing. To stay competitive, GM will temporarily source these packs from similar suppliers to power our most affordable EV model," GM said in a statement. The Detroit automaker added that it sells 12 EVs in the United States with domestically-produced battery cells, and in 2027 will bring LFP production to the U.S. The Wall Street Journal earlier reported GM's plans to import the batteries. Global automakers are facing stiff competition from Chinese EV makers and a trade war impacting imports of crucial parts, including rare earth materials, which has pushed production costs higher. CATL didn't immediately respond to a request for comment. GM's crosstown rival Ford (F.N), opens new tab is also making battery cells using tech from CATL to help reduce costs on EV batteries.
