US seeks collection on up to $20B in unpaid COVID loans to small businesses
U.S. federal regulators have begun holding small businesses and nonprofits accountable for delinquencies on about 1 million government loans issued during the pandemic, worth $20 billion in face value. The Small Business Administration this week began referring abandoned coronavirus disaster loans with balances of $100,000 or less to the Treasury Department for recovery, according to […]
AI weapon detection company seeks to prevent school, other shootings: ‘a proactive measure’
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NY Community Bancorp stock plunges 42% a it seeks cash infusion
Troubled lender New York Community Bancorp is seeking an infusion of cash and gauging investor interest in its stock, people familiar with the matter told Reuters on Wednesday. The bank’s stock price fell 42% to $1.86 amid multiple trading suspensions due to volatility. New York CB did not respond to Reuters’ request for comment. NYCB […]
New York Community Bancorp seeks cash infusion
Wedbush’s David Chiaverini believes local banks should be able to weather the recent financial storm with a “Cramman countdown.” New York Community Bancorp is seeking to raise equity capital to shore up confidence in struggling community financial institutions. Worried by concerns about potential losses on real estate loans, weak internal controls and a sharp decline […]
Trump seeks to trounce Haley on Super Tuesday: Live updates
Voters are heading to polling places in 15 states for Super Tuesday, a pivotal day in the presidential primary season. But this year, President Biden and former President Trump have largely locked in their respective parties’ nominations, taking away the usual tension from Tuesday’s election. Nikki Haley, President Trump’s current leading challenger in the Republican […]
Bill seeks to force ByteDance to divest app or face ban
A bipartisan group of U.S. lawmakers on Tuesday introduced a bill that would give China’s ByteDance about six months to sell its popular short video app TikTok or face a U.S. ban. Rep. Mike Gallagher, the Republican chairman of the House China Select Committee, and Rep. Raja Krishnamoorthi, the top Democrat, joined dozens of other […]
Thune seeks to secure Senate GOP leader post
Republican Sen. John Thune of South Dakota shown He said he hopes to become Senate Republican leader. When asked whether he would prefer to be the Senate majority or minority leader, Thune said he would. keroland news He says he hopes to take a leadership position. Sen. Mitch McConnell (R-Ky.), who has served as Senate […]
Montana Republican seeks to knit Trump, Senate GOP as campaign chief
Sen. Steve Daines (R-Mont.) wasted no time after the Alabama Supreme Court ruled that frozen embryos are human beings, threatening to upend the political cycle. Although Democrats had a large lead on reproductive rights issues in 2022, Republicans are struggling to communicate cohesively in the wake of the Supreme Court’s Dobbs v. Jackson Women’s Health […]
Sam Bankman-Fried seeks lenient sentence, points to FTX fund recovery
Howard Fisher, a partner at the law firm of Moses Singer, told “The Claman Countdown” that both sides in Sam Bankman-Freed’s case will “make appropriate arguments.” FTX founder Sam Bankman Fried’s lawyer said Tuesday that FTX customers have lost their money following his client’s conviction for stealing $8 billion from customers of the bankrupt cryptocurrency […]
Sam Bankman-Fried Seeks Lenient Sentence and to Appeal Conviction – The New York Times
Since Sam Bankman Freed was convicted of fraud last year, he has hired a new attorney known for his courtroom showmanship. A group of sympathetic law professors is calling for a reassessment of his actions. His parents then turned to former employees of FTX, the failed cryptocurrency exchange he founded, for help. Mr. Bankman Fried, […]