NEWT
NASDAQ · Financial Services
Newtekone Inc
$13.05
-0.02 (-0.15%)
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.