Investment

BioPharma Credit to Invest $ 150 Million in Senior Secured Loan Agreement with LumiraDx

BioPharma Credit (BPCR) announces that it, through its wholly-owned subsidiary, in collaboration with BioPharma Credit Investments V (Master) LP (“BioPharma-V” and together with the Company the “Lenders”) entered into a definitive senior secured loan agreement of US $ 300 million with LumiraDx Investment and LumiraDx Group. BPCR will invest $ 150 million and BioPharma-V will […]

Investment

COVID-19 Drops Avocado Aurora’s First Quarter Operating Profit

Dive brief: The novel coronavirus struck Advocate-Aurora Health in the first quarter of this year. The Midwestern healthcare system reported an operating loss of $ 49.3 million for the quarter as it slashed elective procedures to comply with stay-at-home orders and prepare for an increase in the number of patients. The pandemic lowered the operating […]

Investment

VA hiring surges amid coronavirus crisis, but department opposes risk premium for frontline staff

Veterans Affairs officials say they are hiring new employees at a breakneck rate as they continue to respond to the current coronavirus threat, but department critics say their opposition to the risk premium for these workers is undermining them. positive news. Earlier this week, VA officials announced that they had hired 9,338 new medical staff […]

Investment

David Cameron lobbied Bank of England to help bankrupt Greensill Capital: CityAM

David Cameron lobbied the Bank of England to help bail out failing financial firm Greensill Capital where he worked as an adviser, it has been revealed. The central bank said the former prime minister had contacted it several times to try to relax the rules of the emergency Covid Corporate Financing Facility (CCFF) program, which […]

Investment

Queens: Peralta-Gutierrez indicted over $ 1.7 million PPP fraud

Queens Man and Gelpys Joel Peralta-Gutierrez Charged with Fraud of $ 1.7 Million Paycheck Protection Program The accused falsely claimed that 62 employees worked in a New York City Housing Authority apartment in Long Island City (STL.News) An indictment was issued yesterday in Brooklyn Federal Court for indictment Gelpys Joël Peralta-Gutierrez with conspiracy of electronic […]

Investment

Trudeau announces expansion of emergency account for businesses in Canada

Prime Minister Justin Trudeau announced the expansion of the Canada Emergency Business Account to provide support to small businesses during COVID-19. AT press conference fridayTrudeau said qualifying businesses will now be able to access a second loan under the CEBA, should they require additional support. Originally launched in April 2020, CEBA grants interest-free loans small […]

Investment

$ 900 billion stimulus bill: balance sheet on checks, loans, school, vaccines …

It was a long time coming, but eventually the US Congress approved a stimulus package. help U.S. individuals and businesses cope with the lingering financial pressures caused by the coronavirus pandemic. Congress approves back-up plan Sunday evening, just days before many citizens celebrate Christmas a deal was reached on a $ 900 billion package. It […]

Investment

CARES Help Available for Small Businesses | News, Sports, Jobs

LISBON – Local small businesses hit hard by COVID-19 and the government’s response to the pandemic can apply for financial assistance under a program launched by Columbiana County commissioners. Under the program, eligible businesses can apply for up to $ 10,000 under what’s called the County Small Business Relief Grant program. A grant does not […]

Investment

State Legislation Will Save Small Business Owners Over $ 100 Million In Taxes

The National Federation of Independent Businesses (NFIB) in Virginia applauds the state legislature for the implementation of important small business legislation. Emergency legislation comes into effect immediately and allows small business owners in Virginia who have taken out the Paycheck Protection Program (P3) and Rebuild Virginia Loans to exclude the canceled loan amount from their […]

Investment

Chris Christie admitted to hospital after testing positive for COVID-19

Former New Jersey Governor Chris Christie was admitted to hospital on Saturday, hours after announcing he had tested positive for COVID-19. “Although I feel fine and have only mild symptoms, due to my history of asthma we have decided this is an important precautionary measure,” Christie tweeted. “I am grateful to our hard working healthcare […]

Investment

NIH Announces Restructuring of Its HIV Clinical Trials Networks

Press release Monday, November 30, 2020 The awarding of grants paves the way for the next seven years of science-based clinical HIV research. The National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health, today announced the clinical researchers and institutions that will lead four NIH clinical trial networks in […]

Investment

Florida SBDC at FIU Business Helps Local Aesthetics and Wellness Businesses Get Through the Pandemic | News from the FIU

Almost a decade after the Florida SBDC at FIU Business (FSBDC) helped her start her own business, Rosanna Bermejo turned to the Small Business Development Center again. This time, she asked for help for her business, Med Aesthetics Miami, to recover from the economic impact of the COVID-19 pandemic. The skin care and wellness center […]

Investment

Environmental groups target South Korea’s bailout of coal-fired power plant builder

Environmental groups are seeking an injunction against a 1,000 billion won ($ 825 million) bailout by the South Korean government for Doosan Heavy Industries & Construction Co., a builder of coal-fired power plants. They say the company’s financial woes predate the COVID-19 crisis the bailout is supposed to address, and also that the bailout runs […]

Investment

Exide Industries develops solutions for hybrid and electric vehicles

Manufacturer of lead-acid batteries Exide Industries Ltd is focusing on innovations for emerging applications such as hybrid and electric vehicles, a company official said on Tuesday. A lithium-ion joint venture has been formed and is well positioned with an assembly line with a capacity of 1.5 GWh, he said. “The company is developing advanced lead-acid […]

Investment

Little Rock transfers funds from business loans to ease rent and utility bills for residents

In April, the city of Little Rock announced it would provide $ 500,000 in forgivable loans to struggling small businesses during the pandemic, but city officials now plan to reallocate half of that federal funds to residents who have struggling to pay their rent and utilities. The program called the Small Business Emergency Assistance Program […]

Investment

Sports Direct chief Mike Ashley accused of playing games on loan to save Philip Green’s Arcadia

£ 50million ‘provocation’: Sports Direct chief Mike Ashley accused of playing games over extraordinary loan offer to save Philip Green’s Arcadia Sir Philip’s Arcadia group set to call directors tomorrow morning This jeopardizes the future of 500 Arcadia stores and 13,000 jobs Sports Direct and House of Fraser owner Mr. Ashley have offered an ‘emergency […]

Investment

Tweets from Texas Republicans mocking California power outages resurface amid power crisis

Top line After a Winter storm crippled Texas power grid, leaving millions of residents without power in unusually cold temperatures for the season, Republican politicians in the state have come under scrutiny for their tweets mocking a similar crisis in California the year last. WASHINGTON, DC – FEBRUARY 13: Senator Ted Cruz (R-TX) speaks to […]

Investment

Trump orders $ 400 weekly unemployment benefits amid COVID crisis, hits Democrats for blocking

Trump signs coronavirus relief executive orders President Trump signs coronavirus relief orders that include a payroll tax holiday, protects people from deportation, provides an additional $ 400 per week in expanded unemployment benefits, and suspends student loan payments as stimulus talks stalled on Capitol Hill. President Trump on Saturday signed four executive measures aimed at […]

Investment

Maine Revenue issues additional COVID-19 income and sales tax guidance

On February 12, 2021, Maine Revenue Services (MRS) issued a tax alert with additional tax advice for taxpayers affected by the COVID-19 pandemic. Maine Income Tax on COVID-19 Relief Unemployment benefits, federal and state grants, and loan forgiveness are taxable in Maine to the extent that they are included in Federal Adjusted Gross Income and […]

Investment

The State undertakes to deploy the third phase of the co-payment system

The government is committed to rolling out the third phase of the co-payment subsidy scheme, possibly in the third quarter, but must first address gaps in the scheme that are open to fraud and reassess the scheme’s effectiveness in stimulating spending and the economy in general. Finance Minister Arkhom Termpittayapaisith said that before the start […]

Investment

Iranian security chief accuses US of “crime against humanity” for “blocking” IMF loan

The secretary of the Iranian Supreme National Security Council has accused the United States of a “crime against humanity” for what he says is Washington’s role in blocking Tehran’s request for an emergency loan from the United States. IMF. Revolutionary Guard General Ali Shamkhani tweeted on April 5 that “America’s opposition to granting an International […]

Investment

States allow veterans deported for being gay easier to access benefits – United States

WASHINGTON – While gay servicemen can now openly serve in the military, veterans deported purely for their sexual orientation under previous policies still face barriers to accessing benefits due to “less than honorable” dismissals . Some states are pushing to enact laws this year to provide immediate recourse to these veterans, rather than waiting for […]

Investment

Morocco and the African Development Bank on the front line in the fight against COVID-19 – Morocco

It was around midnight in Rabat in December 2020. The neighborhoods are empty; time seems suspended in the capital of the kingdom. The only people seen occasionally are a police patrol officer or street sweeper. An ambulance siren pierces the air of a deeply asleep city. Inside the vehicle, emergency medics dressed in hazmat suits […]

Investment

NJ Small Business Loan Fund receives $ 50 million in emergency aid

Hairdressers gather peacefully at Verona Park Members of the NJ Salon and Spa Coalition hold their placards as they gather peacefully at Verona Park in Verona on Wednesday. NorthJersey.com Small businesses in New Jersey will have access to an additional $ 50 million in emergency assistance from the New Jersey Economic Development Authority, the state […]

Investment

Ga Health System Partners With University To Address Nursing Shortages

The Albany Herald, Georgia. ALBANY, Georgia – Phoebe Putney Healthcare and Albany State University launch innovative new partnership designed to spark interest in high school students across the region in healthcare careers and dramatically expand care programs ASU nurses and emergency medical technicians to accommodate additional students. This initiative is the latest in a series […]

Investment

Daily Trojan Horse | Students not eligible for federal financial aid will not receive emergency aid

USC students who are not eligible for a federal loan or grant will not be able to access federal emergency funds under the Higher Education Emergency Assistance Fund Act. Aid, Relief and Economic Security, intended to help students facing hardship due to the pandemic, according to a new set of guidelines issued by US Secretary […]

Investment

IMF Executive Board Approves US $ 120.9 Million Disbursement to Kyrgyz Republic to Address COVID-19 Pandemic

IMF Executive Board Approves US $ 120.9 Million Disbursement to Kyrgyz Republic to Address COVID-19 Pandemic March 26, 2020 IMF Executive Board approves first request for emergency financial assistance to help member countries meet challenges posed by COVID-19. Approval of the Kyrgyz Republic’s request will make $ 120.9 million available to authorities to address urgent […]

Investment

Sunshine Week: Keep up the pressure on government to be open and accountable

The citizens of a democracy should know what their government is doing, but politicians, bureaucrats and judges too often decide otherwise. This is why federal and state laws guaranteeing public access to government meetings and documents are so important. This week, media groups, libraries, educational institutions and even the U.S. government are calling attention to […]

Investment

Coronavirus in Minnesota: Help on the road for small businesses “It’s absolutely about survival” – WCCO

Coronavirus: Latest news | Community resources | COVID-19 Information | Download our app | CBSN Minnesota MINNEAPOLIS (WCCO) – Estimates show that small businesses employ half of all Minnesotans. READ MORE: Minnesotans pack their beaches the first 90 degree weekend of the year Many of these business owners paint a grim picture of the future. […]

Investment

House spends $ 484 billion in coronavirus relief for small businesses – deadline

The House on Tuesday passed overwhelming legislation Thursday that will inject hundreds of billions of additional dollars into a small business loan program. The vote was 388-5 on the legislation, with a total price tag of $ 484 billion. The Senate passed the bill earlier this week, and President Donald Trump is expected to sign […]

Investment

NBFCs looking for an emergency line of credit for individuals

MUMBAI: Non-bank lenders have called for the inclusion of personal loans under the government-sponsored Covid emergency credit program, as more than two-thirds of loans to small and small businesses are made under the names of individuals and not within the framework of corporate structures. Failure to allow individuals to benefit from the guarantee, the program […]

Investment

Coronavirus – Travel advice for Trinidad and Tobago

Coronavirus Travel Health Check out the latest information on the risk of COVID-19 for Trinidad and Tobago on the TravelHealthPro website Visit the TravelHealthPro website for more advice on travel abroad and reduce the spread of respiratory viruses during the COVID-19 pandemic. Entrance and borders Check the entry requirements to find out what you’ll need […]

Investment

‘We were lucky’: Canadians slowly coming back from abroad, while others remain stranded

Breadcrumb Links Local News Author of the article: Bruce deachman Canadians are returning from being stranded in Morocco due to flight restrictions imposed to help slow the spread of COVID-19, at Montreal-Trudeau International Airport in Montreal on Monday. Photo by CHRISTINNE MUSCHI /REUTERS Content of the article Betty Dukes has returned, as has Grace Welch. […]

Investment

GOP coronavirus rescue would let Trump hotels get a loan but planned parenthood not

WASHINGTON – A gargantuan new economic stimulus package that is the subject of fierce debate on Capitol Hill could have opposite implications for two potential borrowers: President Donald Trump and Planned Parenthood. Under included language In Senate Majority Leader Mitch McConnell’s bill, the president’s hotel industry appears fully eligible for emergency loans that could save […]

Investment

AG’s COVID-19 Application Task Force targets Shreveport abortion clinic

BATON ROUGE, La. (KTAL / KMSS) – The Louisiana Attorney General’s Office has activated a task force to help ensure medically approved facilities are complying with statewide emergency guidelines amid the coronavirus pandemic, including abortion clinics in Shreveport and Baton Rouge. Emergency orders issued on March 21 by the Louisiana Department of Health has suspended […]

Investment

New program would provide student loan relief to eligible frontline workers

Austin, Texas, January 21, 2021 – Senator Judith Zaffirini (D-Laredo) and Representative Ryan Guillen (D-Rio Grande City) introduced a bill on Wednesday – Senate Bill (SB) 32 and House invoice (HB) 1205 – provide up to $ 5,000 in student loan relief to certain people who were frontline workers in 2020. The bills define “frontline […]

Investment

GSIS offers COVID-19 emergency loan from March 22

MANILA, Philippines — Starting March 22, the state pension fund Government Service Insurance System (GSIS) will accept applications for its new COVID-19 emergency loan program. Loan requests from active members and retirees will be accepted until June 21, GSIS said in a notice. The GSIS, however, said that “members and retirees who have already received […]

Investment

OeNB reliably performs its core duties in 2020; working revenue affected by the COVID-19 pandemic

The Oesterreichische Nationalbank (OeNB) presents its monetary statements and annual report 2020 ‘Final yr, the COVID-19 pandemic modified our lives – in some methods even drastically, because it triggered extreme restrictions on social and financial exercise. Nonetheless, I’ve no doubts that, in time, we are going to go away the pandemic behind – because of […]

Investment

Unions hope adjustments will deliver stability to housing market, Ardern says ‘we’ll see’ if costs come down

The Prime Minister refuses to say whether or not she wish to see home costs come down because of the adjustments to make housing extra inexpensive. Prime Minister Jacinda Ardern would not surprise if she wish to see costs drop. Photograph: RNZ / Simon Rogers Yesterday the federal government introduced a sequence of new measures […]

Investment

The three important motivations of debtors resulting in a surge within the quantity of refinancing loans

2021 is ready to be one other superb yr for the mortgage business, with refinancing loans fueling mortgage utility quantity and borrower demand. Primarily based on knowledge from Freddie Mac’s “Refinancing traits in 2020Owners who entered into refinance loans have been usually motivated by one among three motivations: capitalize on established fairness, shorten mortgage phrases, […]

Investment

Queens Man indicted for defrauding $ 1.7 million from PPP program

The Queensbridge Properties could also be America’s largest social housing improvement, however when requested, residents of 41-18 Vernon Blvd have been satisfied {that a} multi-million greenback movie firm couldn’t be discovered. not inside their constructing in NYCHA. “Not exterior of this constructing. Silver Cup operates on this road. Now it is a massive enterprise, ”stated […]

Investment

Metropolis Council presentation focuses on knowledge supporting housing affordability in Edmonds

Chris Collier of the Alliance for Housing Abordability – backside center proper – speaks to members of Edmonds Metropolis Council on Tuesday, sharing knowledge exhibiting housing has not stored tempo with inhabitants progress in Snohomish County. The price of housing in Edmonds and surrounding cities and concepts to make it extra reasonably priced for folks […]

Investment

Deliberate Parenthood, ACLU sue Texas, Oklahoma, Alabama, Iowa and Ohio over abortion ban amid coronavirus pandemic

In a sequence of court docket filings on Monday, a coalition of abortion rights advocates sparked challenges in 4 states – Alabama, Iowa, Ohio and Oklahoma – over pointers to briefly ban the proceedings amid the coronavirus epidemic. Up to now, federal courts have dominated that Alabama and Ohio can’t stop abortions throughout the pandemic, […]