
Harley-Davidson Considers $1 Billion Sale of Finance Division to Boost Growth
In a significant strategic shift, Harley-Davidson Inc. is reportedly exploring the potential sale of its finance arm, Harley-Davidson Financial Services (HDFS), with estimates valuing the division at over $1 billion. This move comes as the iconic motorcycle manufacturer navigates a challenging market and seeks to streamline its operations, paving the way for future growth and investment in its core motorcycle business.
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Insurance Crisis Looms for NYC Taxis: Marblegate in Negotiations with DFS
The New York City taxi industry is facing a significant insurance crisis, as Marblegate Asset Management is currently in discussions with the New York State Department of Financial Services (DFS) over the future of ATIC, a key player in the taxi insurance market. This situation arises as taxi operators grapple with soaring insurance premiums and an uncertain regulatory landscape that threatens the sustainability of their operations.
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