by Troy S. Mason | Apr 9, 2020 | Business News
Stocks surged on Wednesday after Sen. Bernie Sanders announced he is suspending his presidential campaign, leaving Wall Street-friendly former Vice President Joe Biden as the apparent nominee. The Dow Jones Industrial Average closed up by around 770 points, while the S&P 500 was up by 3.3 percent and the tech-heavy Nasdaq gained around 2.5 percent. […]
by Troy S. Mason | Apr 9, 2020 | Business News
Spring is normally peak season for the housing market, but social distancing regulations and measures to classify real estate as a nonessential business have ground the industry almost to a halt. That has pushed some real estate agents to get creative, ushering in a...
by Troy S. Mason | Apr 8, 2020 | Business News
Convicted former drug company CEO Martin Shkreli, known as “Pharma Bro,” wants to get out of prison so he can help research a treatment for the coronavirus, his lawyer said Tuesday. Defense attorney Ben Brafman said that he will file court papers asking federal...
by Troy S. Mason | Apr 8, 2020 | Business News
The Dow Jones Industrial Average closed lower by around 35 points Tuesday, after a robust rally that saw the blue-chip index soar by 937 points at its high. The S&P 500 closed down by 0.18 percent and the Nasdaq ended the day lower by 0.33 percent. “Let’s...
by Troy S. Mason | Apr 7, 2020 | Business News
The electronic system the Small Business Administration is using to set up new coronavirus loans was down much of Monday, according to senior banking executives, making it impossible for many new loans to be guaranteed. Billions of dollars in loans sought by small...
by Troy S. Mason | Apr 7, 2020 | Business News
WASHINGTON — Senate Democrats are charging President Donald Trump with trying to circumvent oversight of the allocation of nearly $500 million in loans and grants to big businesses in the coronavirus relief package after Trump appointed a White House aide to watch...
