NEWT

NASDAQ · Financial Services

Newtekone Inc

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$10.44

-0.35 (-3.24%)

As of Nov 14, 2:08 AM ET ·

NEWT News2 articles

Fort Wayne Tuffy Franchisee Files Subchapter V Bankruptcy Amid National Surge

Automotive Solutions Inc., running two Tuffy Tire & Auto Service shops in Fort Wayne, filed for Subchapter V bankruptcy on July 7, 2026, amid a 50% national surge in such filings.

Cash Yield Chasm: $4,500 Annual Gap on $100K

Top savings accounts yield 5.00% APY versus the FDIC average of 0.38%, leaving $100,000 in idle cash $4,530 poorer annually. Banks like Green Dot (GDOT) and Axos Financial (AX) offer competitive rates but with caps.