TRANSACTIONS: This week’s $1 million to $10 million loans
Meridian negotiated a new mortgage in the amount of $8,350,000 on a 128-unit multifamily property located on Crown Street in Brooklyn,.....»»
Tesla Exec Says 1,000 Cybertrucks A Week Prove 4680 Cell Production Isn"t A Bottleneck: "We Expect To Stay Ahead..."
In December, Reuters reported that the EV giant is struggling to make 4680 cells fast enough to meet its targeted annual delivery rate of a quarter million Cybertrucks. read more.....»»
Energize Colorado boosts local economy with $14M in lending to small businesses
In a game-changing move for the state’s economy, Energize Colorado announces it has injected $14 million in low-interest loans to over 300 local small business owners across various industries, supporting a sector that is the backbone of the stat.....»»
Sacramento jury awards $80 million to managers fired from insurer Zurich American"s Rancho Cordova office
Three managers who were fired the week of Christmas in 2017 from Zurich American Insurance Company’s office in Rancho Cordova have won more than $80 million in compensation and punitive damages in Sacramento County Superior Court......»»
Petri Dish: Non-viral vector startup launch; Foghorn’s new CFO
In this week’s Petri Dish we’ll take a look at a new Cambridge company founded by gene-editing experts that emerged with some big funding, as well as Foghorn Therapeutics’ new CFO and the awardees of $2.8 million in women's health funding......»»
Here"s what Mark Cuban"s $275.9 million in taxes would cover for the US government
Billionaire Mark Cuban came clean about the hefty chunk of change he paid in taxes this year, publishing the nine-figure number on X this week. Mark Cuban has been touted as a future presidential candidate.BRENDA.....»»
"Deely Nuts," "Beefy King," and other fake businesses reportedly got $7 million in COVID-19 PPP loans through one lender
Non-existent farms, such as "Ritter Wheat Club" and "Deely Nuts," each received the maximum loan of $20,833, ProPublica found. President Joe Biden. Scott Olson/Getty Images Fake firms collected $7 million in COVID-19 small business relief.....»»
Nielsen announces $1 billion debt refinancing
Audience measurement company Nielsen Holdings plc said Monday it is planning to offer $500 million of eight-year bonds and $500 million of 10-year bonds in a private offering. Proceeds will be used along with cash on hand to pay down existing loans. Sha.....»»
: Ending enhanced unemployment benefits alone won’t get people back to work, SF Fed research suggests
The $300-a-week benefit is set to expire in early September for all jobless Americans. But 22 Republican-led states are ending the benefit earlier, affecting more than 3.6 million people......»»
Cleantech Co. Bast Fibre Technologies Raises $7M In New Round Including Merida Capital
Bast Fibre Technologies (BFT), a cleantech natural fiber engineering company working with hemp, announced this week the closing of a CAD$8.5 million ($7 million) Series A equity financing round. read more.....»»
: San Francisco Fed has cautionary words for 22 states ending enhanced unemployment benefits
The $300-a-week benefit is set to expire in early September for all jobless Americans. But more than 3.6 million recipients in 22 Republican-led states are ending it early......»»
Proposed state budget revise includes $30 million for Railyards infrastructure
Last week's revised state budget proposal could help accelerate development of one of Sacramento's biggest opportunity sites......»»
3.5 million workers are at risk of losing their unemployment benefits as Republican governors cut pandemic aid
Six of the seven states with a minimum wage of $7.25 are ending federal unemployment early, cutting off $300 per week from unemployed and gig workers. .....»»
C2FO partners with Marcus by Goldman Sachs to provide unsecured small business loans
Leawood-based C2FO plans to start offering unsecured, low fixed-rate loans of $10,000 to $1 million to small and midsize businesses this summer......»»
The week in bankruptcies: Real estate, personal care businesses file
Austin-area bankruptcy courts recorded five business filings — including three with total debts above $1 million — during the week that ended May 7. Year to date through May 7, the court recorded 12 Chapter 7 or Chapter 11 business bankruptcy.....»»
Ohio Offers Weekly Million Dollar Lottery Prize For Vaccinated People
Ohio Offers Weekly Million Dollar Lottery Prize For Vaccinated People The US is reporting around 118 million people are fully vaccinated this week. At about 2.2 million shots per day, that is impressive but not enough. .....»»
Colonial Pipeline paid nearly $5 million in ransom after cyberattack: report
Colonial Pipeline paid Eastern European hackers nearly $5 million in an untraceable cryptocurrency last week in response to a ransomware attack, Bloomberg reported Thursday, citing people fam.....»»
The week in bankruptcies: Maui Seafoods LLC.
Honolulu area bankruptcy courts recorded one business filing - including zero with total debt above $1 million - during the week that ended May 7 of this year. Year to date through May 7, the court recorded five Chapter 7 or Chapter 11 busines.....»»
Topgolf Recovering Ahead Of Plan, Callaway Capitalizing On Golf Demand
Shares of golf equipment manufacturer and Topgolf owner Callaway Golf Company (NYSE: ELY) hit new 52-week highs Tuesday after reporting first-quarter earnings. The company saw revenue at $651 million, up 47% year-over-year and w.....»»
A DeFi project will pay back users $10 million in Ethereum that was recently stolen
Rari Capital said it will pay back users who lost funds when about $10 million in Ether was stolen from the DeFi project's liquidity pool last week. REUTERS / Sam.....»»
Highly valued startups did SPAC deals or completed IPOs after getting PPP loans
Within a year of getting loans under the Paycheck Protection Program, nearly four dozen companies, each with a valuation of at least $150 million, went public or made plans to do so......»»