NEW YORK–(COMMERCIAL THREAD) – KKR Income Opportunities Fund (“KIO” or the “Fund”) (NYSE: KIO) announced today that the Board of Directors of KIO has appointed Eric Mogelof as Trustee, Chairman and Chairman of the Fund. Mr. Mogelof replaces Suzanne Donohoe who has resigned from her duties as Trustee, President and …
Read More »Auto loans to lead growth | 2018-10-19
CUNA economists believe that growth in loans to credit unions will remain strong, but will begin to reflect smaller increases in the future. Overall, we see credit union loans increasing 9.5% this year and 8% in 2019. Auto loans will continue to lead the way. The average age of cars …
Read More »Why are MSMEs always looking for more government support?
Ease of doing business for MSMEs: Micro, Small and Medium Enterprises (MSMEs) are the most affected sector in India due to the Covid-19 pandemic lockdown and they are fighting on many fronts. It faces a liquidity crunch, late payments, high default risks, supply chain disruption and labor shortage, among others. …
Read More »Student Loan Debt Solutions for Biden’s First 100 Days
President-elect Joe Biden will be sworn in as the 46th President of the United States on January 20, 2021. Biden, like those who came before him, will set an aggressive schedule for the first 100 days. In that window, he will seek to accomplish at least one historic achievement to …
Read More »How students try to avoid college loans
Student debt can seem inevitable. Today, more than 44 million Americans must nearly $ 1.5 trillion in student loans. This debt has been blamed for many things: Americans lack of retirement savings, falling homeownership rates, same the death of marriage. Some state governments and private universities are exploring ways to …
Read More »Littelfuse to Release First Quarter Financial Results April 28
Littelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company that enables a sustainable, connected and safer world, today announced that it will release financial results for its first quarter of fiscal 2021 before the market opens. Wednesday April 28, 2021. The press release and slide presentation will be available in …
Read More »Lawsuit Against Brophy Prep and Diocese of Phoenix Claims Sexual Abuse by Priest | Arizona News
PHOENIX (3TV / CBS 5) – There is yet another allegation of sexual abuse by a Catholic priest in Phoenix. On Monday, a lawsuit filed in Maricopa County targets both Brophy College Preparatory and the Roman Catholic Diocese of Phoenix for allowing a priest to sexually abuse a student in …
Read More »Mercury in Great Lakes fish remains stable despite pollution reductions
Some scientists who study the Great Lakes say they have figured out what causes mercury levels in fish to rise or remain stable, despite a reduction in pollution in the area. Three years ago, some scientists were puzzled by an increase in mercury levels in the Great Lakes regions despite …
Read More »PianoFight expands to Oakland and takes over The Flight Deck theater
Despite continued uncertainty over the return of theatrical performances, the Tenderloin’s Piano Wrestling don’t let the pandemic slow it down. Instead, it is expansion in Oakland, taking over the neighboring theater the Flight Deck (1540 Broadway, between 15th and 16th streets). The deal has been underway since November, when the …
Read More »Westpac Announces Low Interest Small Business Loans Under Small Business Recovery Loan Program
Westpac has expanded its support for small businesses impacted by the COVID-19 pandemic by releasing new low-interest loans under the federal government’s SME Recovery Loan Program. Businesses affected by recent flooding are also encouraged to apply for funding under the program. As of today, eligible new and existing small businesses …
Read More »Michigan Football Opponent Preview: Opening Against Powerful Minnesota Offense
Cut out the motivational slogans and gadgets, the quick conversation and the sidelines, and PJ Fleck has proven to be a damn good football coach. Minnesota had a record breaking season in 2019. The Gophers have the opportunity to make a strong statement to start 2020: Michigan visits for the …
Read More »UPDATE 1-CEZ wants broad nuclear power plant deal as Russia disputes delay tender
(Add quote, details) PRAGUE, March 16 (Reuters) – The CEZ would prefer to have a political agreement on launching a tender for the construction of a new unit at the Dukovany nuclear power plant, CEO Daniel Benes said on Tuesday as tensions were mounting over whether to invite Russia into …
Read More »In Memoriam: Rex Johnson | Credit union hours
Source: Shutterstock The credit union industry mourns the passing of Rex Johnson, who founded Baxter Credit Union and Lending Solutions Inc. Johnson passed away peacefully on April 2, surrounded by his loving family. He was 77, BCU said in a statement on Monday. “I have always been so proud to …
Read More »Netflix’s “Behind His Eyes” Has One of the Best Endings in Recent Memory
Behind his eyes Netflix Netflix has a new surprise hit miniseries in the hands, Behind his eyes, an adaptation of a novel by Sarah Pinborough. It’s only six episodes, but it does have an impact, trailing at No.2 on the Top 10 list, behind only I Care a Lot, Rosamund …
Read More »Martin Lewis: Money Saving Expert discovers hidden parental contribution in student loan | Personal Finances | Finance
Martin Lewis, money saving expert, is well known for offering tips and tricks through his eponymous Money Show, live on ITV. In the latest installment of the popular program, Martin spoke to two families who were sending their teens to college in September. While many worried about the financial implications …
Read More »Small Businesses Administration opens new round of PPP loans
REDDING, Calif. – More financial aid is on the way for businesses. The Small Businesses Administration is opening another round of PPP loans. Businesses that really need this financial help can start applying for these loans from January 19th. Rich Pires, owner of Herried Music in downtown Redding, says business …
Read More »Lady Gaga’s ‘Chromatica’ Oreo cookie to release in January
These cookies are Gaga, oh la la! Pop icon Lady Gaga announced via social media on Wednesday her partnership with Oreo cookies for her own line of vibrant treats. CNN Entertainment Reports that the cookies were inspired by the singer’s latest album, “Chromatica”, sporting a green trim nestled between two …
Read More »Start your journey to support black founders
It’s all too common to hear entrepreneurs – especially black founders – talk about losing funding, just when they thought they were about to find an investor. Many investors talk about wanting to help, but not enough to act. I would like to give some advice on how best to …
Read More »Apollo Commercial Real Estate Finance, Inc.Announces First Quarter 2021 Results and Conference Call Dates
News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. NEW YORK, April 7, 2021 (GLOBE NEWSWIRE) – Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE: ARI), announced today that the Company will hold a conference …
Read More »Kerala Women’s Development Corporation puts on an impressive show
The Kerala State Women’s Development Corporation, a financial services company established in 1998 under the Companies Act, has disbursed 480 crore in loans to 22,000 female beneficiaries over the past five years (as of January 31, 2021). The same period also saw repayments of 328 crore, indicating the health of …
Read More »“Normalcy is on the Horizon” Governor Walz Hopes Resumption of COVID-19 in State Speech | Minnesota
(The Center Square) – “Normal is on the horizon,” Gov. Tim Walz told Minnesotans in his state-of-state address in 2021. Walz gave his speech Sunday evening from his old classroom in Mankato. The state is recovering quickly from the global pandemic, he said, with 80% of older people having a …
Read More »Dear Abby: Her son uses the contents of his deceased grandfather’s house
DEAR ABBY: My father passed away a few months ago. My brother lives out of state, so emptying the house was mine. Shortly after the funeral, my adult son (the only grandchild) arrived and loaded his car with all toilet paper, paper towels, light bulbs, cleaning supplies, etc. He did …
Read More »Northcentral Pa Winery Owner Says Harvest Provided “Cleanest, Ripe Fruit We’ve Seen”
Fero Vineyards & Winery recently released their Pinot Noir and Lemberger, which are part of one of the most eclectic wine lists from any producer in Pennsylvania. Owners Chuck and Daneen Zaleski opened Fero Vineyards outside of Lewisburg, Union County, in 2012, building a following through quality dry wines made …
Read More »Man not wearing pants at Next Door Food Store tries to flee Ottawa County MPs
OTTAWA COUNTY, MI – After a brief lawsuit, MPs apprehended a man accused of not wearing pants at the Next Door grocery store in Tallmadge Township. Ottawa County Sheriff’s deputies were dispatched at 5 p.m. on Monday, Dec. 7 to the store, located at 14226 Ironwood Dr., following an indecent …
Read More »Grocon’s loans to Daniel Grollo exceed $ 90 million
A new document filed with the watchdog reveals that ousted construction and development giant Grocon has more than $ 90 million in outstanding loans to executive chairman Daniel Grollo and his wife Katherina and the entities he control ultimately. The revelation comes ahead of the crucial second creditors meeting later …
Read More »Credit Suisse plans to replace two top executives after crises: report
Credit Suisse chief risk officer Lara Warner is at risk of being replaced, Bloomberg reported. The role of Brian Chin, CEO of his investment bank, is also said to be under scrutiny. Credit Suisse was involved in the Archegos and Greensill crashes. Loading Something is loading. Executives at Switzerland-based Credit …
Read More »Bumpy road to normalcy after UK pandemic support ends
Through Richard Tett, Nick Cooper and Kelley Macpherson Law360 provides free access to its coronavirus coverage to ensure that all members of the legal community have accurate information in this time of uncertainty and change. Use the form below to subscribe to one of our weekly newsletters. By subscribing to …
Read More »How Europe mismanaged the pandemic
March 31, 2021 THELOOK AROUND the world to the devastation caused by the covid-19 pandemic and something strange stands out. The European Union is rich, scientifically advanced and endowed with excellent health and social protection systems and a political consensus strongly geared towards the protection of its citizens. Yet during …
Read More »Financial institutions get the green light to resume dividend distribution
Local financial holding companies (FHC) and deposit-taking institutions (DTI) have been given the green light to resume dividend distributions for their 2019 and 2020 financial years, the Bank of Jamaica (BOJ) announced on Monday April 6, 2021.. The central bank in May 2020 issued a directive to suspend the distribution …
Read More »Orlando Magic recognizes nun for advocacy for farm workers
Apopka, Florida – Sr. Ann Kendrick may not be able to dunk a basketball, but she still did it on the Magic Vision screen at center court at Amway Arena in Orlando, Florida. This is because Notre Dame de Namur’s sister was honored as a “Social Justice Game Changer” by …
Read More »Loans could unlock growth in residential solar power and energy storage
The residential solar business has always been more of a financial business than most people realize. Sure, solar panels and inverters and labor costs matter, but without funding Sunrun (NASDAQ: RUN), SunPower (NASDAQ: SPWR), Sunworks (NASDAQ: SUNW), and other solar energy stocks would not have a business. What never really …
Read More »Report: Eagles linebacker coach won’t be back in 2021
Another Philadelphia Eagles Assistant coach is leaving coach Doug Pederson’s staff, according to a report. Linebacker coach Ken Flajole will not return to the squad in 2021, SiriusXM’s Alex Marvez reported Friday. “I don’t know if this exists, but I hear @Eagles LBs coach Ken Flajole won’t be back in …
Read More »United States relaxes criminal record allowance in coronavirus business loan program
FILE PHOTO: US President Donald Trump signs the Paycheck Protection Program and Improved Healthcare Act’s financial response to the coronavirus disease (COVID-19) outbreak, in the office Oval of the White House in Washington, USA on April 24, 2020. REUTERS / Jonathan Ernst WASHINGTON (Reuters) – Federal authorities administering payday loans …
Read More »Spain to extend loan program for struggling businesses until June, sources say
MADRID, Nov. 16 (Reuters) – The Spanish government is preparing to extend the availability of government-guaranteed lines of credit by six months until June, while extending the maturities and grace periods of loans granted in the part of the program, according to three sources familiar with the matter said Monday. …
Read More »The Supreme Court rules on the complete waiver of compound interest, refuses to extend the moratorium on loans. 10 takeaways
NEW DELHI: Supreme Court verdict in loan moratorium case – Ruling on the loan moratorium case, the Supreme Court on Tuesday ordered the full waiver of compound interest from all borrowers. Previously, the Reserve Bank of India (RBI) did not include personal loans exceeding Rs 2 crore under the loan …
Read More »In the News: PPP2 Granted $ 5 Billion In Loans In First Week
With the adoption of the second cycle of the Paycheque Protection Program (PPP), the The Small Business Administration (SBA) has announced that it has so far approved some 60,000 loans in its first week. Of From January 11 to January 17, 2021, more than $ 5 billion in loans were …
Read More »My child is gaining too much weight. What can I do? | For better
Obesity in children leads to health problems such as diabetes, high cholesterol, and high blood pressure. Obese children are also at high risk for developing low self-esteem and depression. Addressing these problems early promotes better health in adulthood. Problems and health issues related to excessive weight gain (iStockphoto) Type 2 …
Read More »The Smartest Business Model Ever (Part 2: Create a Moonshot)
I learned a lot teaching entrepreneurship at Norm Brodsky College of Business at Rider … [+] University. Getty In the first part of this articleI showed you how to create a source of money i.e. a small B2B service company that solves a problem for large companies and addresses the …
Read More »Build America Bonds May Be Key to Funding Biden’s Infrastructure Plans
Republicans and Democrats agree that the United States is in desperate need of a major infrastructure overhaul and, at the very least, that Congress should authorize major repairs to roads and bridges. The fierce disagreement between the two parties begins over what provisions deserve to increase the federal deficit, as …
Read More »Developers plan new student housing project on Cumberland Avenue to replace Linear Mall
Greystar Development plans to build a new student housing complex with around 700 beds, after demolishing a shopping center on Cumberland Avenue. KNOXVILLE, Tennessee – Students in Knoxville may soon have another choice of where to live when a student housing project is completed on Cumberland Avenue. Greystar Development plans …
Read More »BHI finances $ 26 million office loan for rental construction
BHI, the U.S. division of Israel’s Hapoalim Bank, has provided $ 26.5 million in construction financing for the redevelopment of 629 E. Main Street in Richmond, Virginia. The 12-story office building will be converted to mixed-use multi-family buildings by Douglas Development Corporation (DDC), which will convert the property into 188 …
Read More »Kushner begins construction on South Florida project
Gustavo Miculitzki, Laurent Morali and Charles Kushner with a rendering of their Wynwood project Kushner Companies has started construction on its first development in South Florida with its partner Block Capital Group. The developers are financing the construction of their Wynwood project with a loan of around $ 80 million …
Read More »Milwaukee’s long-awaited inauguration of Couture draws closer
The long-awaited inauguration of the Couture apartment tower is approaching due to new building permit filings and a real estate sale. Portions of the streets next to the downtown Milwaukee development site, 909 E. Michigan St., would close on May 3 to allow for construction. That’s according to building permit …
Read More »Miami Senior Living Facility Secured $ 45M Construction Loan
Avi Bittan, CEO of Royal Senior Care, and Managing Director Sean Kanov, at 152nd Street and 97th Avenue (Google Maps) A senior living center in southern Miami-Dade County has received a big boost, with the developer securing a $ 41.9 million construction loan. Aventura-based Royal Senior Care, led by CEO …
Read More »No bailout needed for Washington State Convention Center expansion as private funding assumes economic rebound | New
SEATTLE – Don’t worry about this bailout. The Washington State Convention Center expansion project, which has seen its finances hammered by the pandemic and subsequent devastation to the travel and tourism industries, has secured funding to complete the project, the developers announced last week. For months, the project’s developers had …
Read More »Canadian Solar begins construction of 143 MWp solar projects in Japan with funding of over $ 300 million
GUELPH, ON, April 7, 2021 / PRNewswire / – Canadian Solar Inc. (the “Company“, or “Canadian solar“) (NASDAQ: CSIQ) announced today that it has started construction on four solar projects in Japan totaling 143 MWp. This portfolio includes the flagship megaproject of Canadian Solar, the 100 MWp Azuma Kofuji project …
Read More »Walter Reed Project Secures $ 20 Million Affordable Assisted Apartment Loan – Business Watcher
A joint venture between Urban atlantic, Housing up, and Triden Development Group received $ 20 million in funding to develop an affordable assisted living apartment project of 54 units in Parks in Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Center in Washington, DC The financing …
Read More »New York Life Loans $ 48 million for 5 buildings in Virginia
Law360 (April 2, 2021, 3:41 p.m. EDT) – A loan arm of New York Life has provided $ 48 million in financing to a subsidiary of Merritt Properties for five industrial buildings in Virginia, according to a New York Life announcement Friday . The New York Life Real Estate Investors …
Read More »Terra JV secures $ 345 million construction loan for Miami community
Five Park. Image courtesy of Terra, GFO Investments and New Valley Developers Terra, GFO Investments and New Valley will begin construction on its 48-story community, which is slated to be the tallest building in Miami Beach, in April. Developers were able to break new ground on its Five Park residential …
Read More »Ann Arbor Awards $ 1.6 Million Construction Contract for South Industrial Highway Project
ANN ARBOR, MI – Ypsilanti-based construction firm Doan Construction Company has been selected to complete the Ann Arbor South Industrial Road concrete repair project valued at $ 1.6 million . Ann Arbor City Council approved a resolution to award the contract to Doan Construction at its April 5 meeting. Doan …
Read More »Status of 7 high-speed trains: what Minister Piyush Goyal told Lok Sabha
In his written response to the lower house of Parliament, the minister added that none of these corridors are yet sanctioned. Minister of Railways Piyush Goyal informed Lok Sabha on Wednesday that the work of preparing detailed project reports for seven new high-speed rail corridors by the National High-Speed Rail …
Read More »Cascadia bullet train: Go ahead or ‘kill that thing’?
New government report on bullet train in the Pacific Northwest recommends that Oregon, Washington and British Columbia formalize their interest in a Cascadia bullet train by creating an independent body to plan and eventually to build it. But a critic associated with a conservative think tank responded that the region …
Read More »SpaceX spacecraft test flight doesn’t stick to landing
BOCA CHICA, Texas – Another test flight, another explosion, but SpaceX crew say they learned a lot at their facility in Boca Chica, Texas. On Tuesday, the company, owned by Elon Musk, performed its second test of its bullet-shaped vessel. Just like in the first test, it exploded during a …
Read More »ADL CEO Jonathan Greenblatt talks about ending hate
This story is part of the Behind the Desk series, where CNBC Make It takes a look at successful business leaders to find out everything from how they got to where they are to what brings them out. from bed in the morning to their daily routines. At 50, Jonathan …
Read More »This year, NHC could acquire 150 affordable rental units with the low-rental housing tax credit
In the Cape Fear area, there aren’t many ways to get affordable units out in the field. But there is a federal program, the Low Income Housing Tax Credit (LIHTC), that did. What is LIHTC and how does it work? The Reagan era initiative, operated by the Internal Revenue Service, …
Read More »David Luiz ready for fate on the sidelines after a “ little intervention ” to the knee
Liverpool took a huge step forward towards a top-four spot on an action packed Wednesday in the Premier League. Jurgen Klopp’s men have beaten Burnley 3-0 and with all teams in the division now having 37 appearances, they head to the final weekend in fourth – ahead of FA Cup …
Read More »Alabama boy, 4, dies after being hit by stray bullet while in bed
A 4-year-old boy died on Monday, two days after being injured by a stray bullet while in bed. The shooting took place at 4:53 p.m. Saturday in the 500 block of Pleasant Springs Drive. Police say the boy – Davion Tarver – was taken to Baptist South in Montgomery and …
Read More »Brightline SoCal rail project still on track despite funding and cost issues
Dive brief: Despite a funding problem and rising costs, construction of the Brightline West bullet train between Southern California and Las Vegas is expected to start in the second quarter of this year, according to a letter from railway company to Nevada High-Speed Rail Authority. According to previous estimates, the …
Read More »Tigers’ Buck Farmer ready to embrace whatever comes in AJ Hinch’s reliever pen
LAKELAND, Fla – When your new manager is trying to learn the team and everyone spends much of the day with a mask covering their face, having a fuzzy beard isn’t a bad way to stand out. “Meeting (the players) with a mask on is really tough,” Tigers manager AJ …
Read More »Bay Street logging in daylight; Bullets Fly in Eltingville: SI’s Best Crime Articles of the Week
STATEN ISLAND, NY – Here’s a look at the top criminal justice-related headlines in the borough this week. 43-YEAR-OLD MAN, KILLED DEATH ON BAY STREET Police respond to a fatal shooting on Bay Street in Tompkinsville on Thursday, March 4, 2021. (Staten Island Advance / Jan Somma-Hammel) A 43-year-old man …
Read More »Boston Red Sox set to name Will Venable as bench coach; Cubs third base coach interviewed for leadership opening
The Red Sox are expected to appoint Cubs third baseman Will Venable as their bench coach, a baseball source confirmed Tuesday night. The team has not confirmed the move, but it is expected to be finalized in the coming days. Venable, 38, questioned for Boston’s leadership opening last month before …
Read More »