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Main Street resentment grows over aid winners and losers
Robyn Shultz was waiting for approval of her $40,000 small-business loan last week when the government’s first-come-first-served lending program ran out of cash......»»
Resentment grows on Main Street over bailout winners and losers
Robyn Shultz was waiting for approval of her $40,000 small-business loan last week when the government’s first-come-first-served lending program ran out of cash......»»
House passes $484 billion coronavirus stimulus for small businesses and hospitals, sends bill to Trump
The $484 billion measure offers funds for the Paycheck Protection Program and sends more money to hospitals struggling because of .....»»
Netflix is now worth more than Exxon as the coronavirus lockdown sends shares soaring (NFLX, XOM)
Netflix Netflix's market value surpassed oil-giant Exxon Mobil.....»»
Record oil output cuts fail to make waves in coronavirus-hit market
The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are to restore market balance as the coronavirus shreds demand and sends stockpiles soaring, industry watchers said......»»
Jefferies continues to like Intuit after approval for small business lending
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Oil Jumps, Stocks Dump As "Helicopter Money" Sends USA Risk Soaring
Oil Jumps, Stocks Dump As 'Helicopter Money' Sends USA Risk Soaring The story of the week i.....»»
Thousands flood banks as federal small-business loan program begins
Some banking officials have warned that the abbreviated review process ― which allows borrowers to attest to their own eligibility without the government’s approval ― will make the program a magnet for fraud......»»
Macy"s, Kohl"s, Gap to furlough thousands of workers as pandemic worsens
Retail giants Macy's, Kohl's and Gap have announced widespread furloughs amid soaring reports of coronavirus cases in the U.S. The pandemic has sent the economy into free fall, with massive layoffs and small business .....»»
Coronavirus sends frozen food sales soaring
Canned, packaged and frozen foods are in high demand with extended social distancing guidelines......»»
Bond Market Tears In Two: Distressed Debt Is Cratering, As Fed Buying Of Investment Grade Sends LQD NAV Soaring
Bond Market Tears In Two: Distressed Debt Is Cratering, As Fed Buying Of Investment Grade Sends LQD NAV Soaring Just last Friday we reported that the number of distressed debt in the US - roughly defined as bonds with a spread of over 10% - h.....»»
SoftBank $41B Buyback Sends Stock Soaring
SoftBank Group Corp’s (OTC: SFTBY) directors have approved a plan to repurchase shares totaling 4.5 trillion yen or $41 billion, leading to the company's stock registering the read more.....»»
Small businesses in Texas can now qualify for SBA disaster loans
On Friday, Gov. Greg Abbott announced that the state has received approval from the U.S. Small Business Administration for small business disaster loans. The effort comes as small businesses spanning a variety of industries and sectors are feeling.....»»
Bank of England cuts interest rates again in response to coronavirus and sends the pound soaring from a 35-year low
The Bank of England has announced that it is cutting int.....»»
Senate passes coronavirus response bill, sends to Trump
The Senate on Thursday passed an $8.3 billion emergency spending plan to help combat the COVID-19 outbreak. Senate passage followed approval by the House of .....»»
France has imposed strict price controls on hand sanitizer as coronavirus panic-buying sends prices soaring
Yuttachai Kongprasert/SOPA Images/LightRocket via Getty Images France moved to regulate the price of hand sanitizer after panic over the r.....»»
Deere stock soars on an unexpected rise in profits
Deere's unexpected rise in quarterly profits sends shares soaring.....»»
Deere stock soars on an unexpected rise in profits
Deere's unexpected rise in quarterly profits sends shares soaring.....»»
Deere"s unexpected rise in quarterly profits sends shares soaring
Deere's unexpected rise in quarterly profits sends shares soaring.....»»
Deere"s unexpected rise in quarterly profits sends shares soaring
Deere's unexpected rise in quarterly profits sends shares soaring.....»»