Billionaire rapper and shoe designer Kanye West’s company received a multi-million dollar loan as part of the federal government’s coronavirus stimulus package, according to records released Thursday by the United States Treasury Small Business Administration. The money was released in the latest round of the Paycheck Protection Program, part of …
Read More »Square Rally sends its rating to the ranks of America’s largest banks.
(Bloomberg) – A rebound in Square Inc. shares in recent months has brought the digital payments company’s market valuation to the ranks of some of the largest banks in the United States. Square has a market capitalization of about $ 55 billion after doubling since May, making it worth more …
Read More »The opposition declares victory in the vote marked by the virus of the Dominican Republic
SANTO DOMINGO (Reuters) – Dominican Republic’s opposition presidential candidate Luis Abinader declared victory on Sunday night, as the first results in a survey marked by the coronavirus pandemic showed him ready to end control of 16 years of the ruling party. A policeman watches over the empty streets of the …
Read More »Dominion Energy shares drop 11.3% after Atlantic coast pipeline is phased out
What happened Actions of Dominion Energy (NYSE: D) It fell as much as 11.3% on Monday after the company announced two seismic changes in strategy. Dominion and partner first Duke Energy (NYSE: DUK) announced the cancellation of the pipeline on the Atlantic coast. Despite earning a decisive Supreme Court victory …
Read More »Paycheck Protection Program Helped Businesses Accumulate Cash, Initial Data Suggests
WASHINGTON – The Payment Check Protection Program (PPP), which is an incentive for small businesses to keep their employees on the payroll during the health crisis, helped companies improve cash flow in the first few weeks of the program and mainly flowed to less difficult areas. affected by the virus, …
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