Alan Patricof, co-founder and managing director of Greycroft Partners LLC. Chris Goodney | Bloomberg | fake pictures Venture capitalist Alan Patricof is still investing in startups. At 85, he now supports technology designed for people in their later stages of life. The founder of Greycroft and Apax Partners announced Wednesday …
Read More »Congress must act on unemployment benefit by Friday
Senator Rob Portman urged Congress on Wednesday to reach an agreement on the federal unemployment insurance supplement, and told CNBC that a solution is needed this week. “If we do nothing because we end up in a partisan stalemate here and both sides go to their corners, the people who …
Read More »Increased COVID-19 Cases Hurt US Consumer Confidence; the real estate market continues
WASHINGTON (Reuters) – US consumer confidence fell more than expected in July amid an outbreak of COVID-19 infections across the country, threatening the economy’s recovery from an unprecedented recession caused by the pandemic. FILE PHOTO: A shopper is seen wearing a mask while shopping at a Walmart store in North …
Read More »Saudi Arabia posts $ 29 billion deficit in Q2 due to falling oil revenues
DUBAI (Reuters) – Saudi Arabia registered a deficit of 109.2 billion riyals ($ 29.12 billion) in the second quarter of this year as low oil prices hurt revenue, a report by the Ministry of Finance released Tuesday. FILE PHOTO: A Saudi flag flies over the Saudi Arabian consulate in Istanbul, …
Read More »Chick-fil-A locations offer free food for coins amid national shortage
Workers at a Chick-fil-A deliver meals to customers in their vehicles at the car window after the restaurant closed its seats indoors in an effort to curb the spread of the coronavirus pandemic on March 20, 2020 in Pembroke Pines, Florida. Joe Raedle | fake pictures Two Chick-fil-A locations have …
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