Certain companies risk becoming insolvent as governments speed up fiscal support, a former member of the European Central Bank warned Tuesday. Many governments have deployed a massive fiscal stimulus to mitigate the economic consequences of Covid-19. In most cases, this has allowed companies to avoid bankruptcy and employees to have …
Read More »PPP loans are ending. This is where small businesses can turn now
Jovita Carranza, head of the Small Business Administration, listens during a round table with governors and small business owners. Alex Wong / Getty Images The Paycheck Protection Program is ending, which means sick small businesses will have to look elsewhere for financing. But where to go? While there are other …
Read More »Netflix makes a $ 100 million pledge to support black communities
A button to launch the Netflix app on a remote control is seen in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | fake pictures Netflix announced Tuesday that it will begin putting 2% of its cash holdings in financial institutions and organizations to …
Read More »Former Malaysian leader Mahathir wants to regain power months after resigning
Former Malaysian Prime Minister Mahathir Mohamad wants to overthrow the current government, just a few months after his resignation from the top job resulted in the collapse of the previous administration he was leading. But the coalition of now-opposition parties cannot agree on who should be prime minister if they …
Read More »Postmates deciding between Uber, SPAC offers or going public
Close-up of the Postmates logo. Smith / Gado Collection | Stock Photos | fake pictures US food delivery service Postmates has received takeover bids from Uber and a special-purpose takeover company, or SPAC, as it simultaneously plans to go public, according to people familiar with the matter. Postmates has not …
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