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October 26, 2020
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New York Times - Politics

Kodak Loan Debacle Puts a New Agency in the Hot Seat

New York Times
WASHINGTON — At a virtual conference in September, Adam Boehler, chief executive of the U.S. International Development Finance Corporation, described his nascent agency as a bulwark against China’s “economic colonialism” — with $60 billion in annual lending authority to counter Beijing’s strategy of spreading its global influence with low-interest infrastructure......
CNBC Business

As stimulus talks drag on in Washington, millions of small businesses await guidance on PPP loan forgiveness

CNBC
CNBC – For more and to sign up click here As stimulus talks drag on, uncertainty over PPP loan forgiveness grows Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

Barclays crushes expectations for the third quarter as provisions for loan losses fall

CNBC
CNBC – For more and to sign up click here Barclays Bank building Chris Ratcliffe | Bloomberg | Getty Images Barclays on Friday reported a net profit of £611 million ($797.7 million) for the third quarter, as the British lender attempts to plot a recovery from the coronavirus pandemic. The......
CNBC Business

For student loan borrowers, the differences between a Trump and Biden presidency

CNBC
CNBC – For more and to sign up click here U.S. President Donald Trump and Democratic presidential nominee Joe Biden speaking during the first 2020 presidential campaign debate. Brian Snyder | Reuters Whether Donald Trump or Joe Biden wins the presidency may have a significant impact on the country’s 42......
CBS US News

JPMorgan Chase commits $30 billion to help shrink racial wealth gap

CBS News
CBS News – For more and to sign up click here America’s biggest bank is pledging to invest $30 billion to help close the yawning wealth gap between people of color and whites in the U.S.  JPMorgan Chase said Thursday it plans to funnel that money into Black and Hispanic......
BBC - Business

My business could be over with no bounce-back loan

BBC
https://www.bbc.co.uk/news/business-54424686 Image copyright Mike Hampshire Image caption Mike Hampshire (standing in white top) may have done his last Leeds beer tour Quitting his IT job two years ago to start a beer tour business was a dream for Mike Hampshire. But his hopes of breaking even in his second year......
BBC - Business

‘My name was used to steal a government Covid loan’

BBC
https://www.bbc.co.uk/news/uk-54187581 Image caption Mark Telling’s personal details were stolen to set up a bogus company In June this year, Tellings Home Made Furniture Service “borrowed” £50,000 from a government Covid bail-out scheme. There was just one problem. The company isn’t real – the loan went to a criminal gang, who......
KHN

Prognosis for Rural Hospitals Worsens With Pandemic

KHN
This story also ran on NPR. This story can be republished for free (details). Jerome Antone said he is one of the lucky ones. After becoming ill with COVID-19, Antone was hospitalized only 65 miles away from his small Alabama town. He is the mayor of Georgiana — population 1,700.......

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