Why Nas makes his hip-hop cash kings debut at 44
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On a late summer Wednesday morning, legendary rapper Nas is lounging in a Scandinavian-chic conference room in the Lower Manhattan headquarters of the venerable hip-hop media company Mass Appeal. Even before he graced the cover of…
Exclusive: GFG secured Trafigura loan by offering aluminum at a discount – Quellen
By Clara Denina, Pratima DesaiLONDON (Reuters) - Sanjeev Gupta's GFG Alliance secured a loan from Trafigura in 2018 by entering into a six-year contract to sell aluminum to the commodity trader at a discount to market prices, two sources…
United and Delta Weigh are selling miles early to raise cash in the coronavirus crisis
U.S. airlines have pawned gates, flight routes, and pretty much any asset they could find in the back of a hangar to protect the weather the corona crisis. Now they are considering selling Miles in bulk to their credit card…
Small business loan website crashes after “high volume application”
Thousands of small businesses in California are on the verge of failure - and desperately need some quick buck from the federal government to keep them alive. However, it found that many loan applications were put on hold when government…
Time to stop treating students and their debts as cash cows
When Prime Minister Justin Trudeau announced the extension of certain COVID-19 Advantages on February 19th, his reasoning was simple: “This crisis is not over yet. So also our support for you. " Words of comfort - as long as you are not…
New Texas Small Business Loan Program
Governor Greg Abbott announced that $ 50 million in loans will be made available to small business owners in Texas.
HOUSTON - For small businesses struggling to stay open, Texas Governor Greg Abbott announced a…
Bombardier secures up to $ 1 billion in loans, calls for improved cash use, stocks rise
(Reuters) - Bombardier Inc. BBDb.TO said Wednesday it had secured a loan of up to $ 1 billion and used $ 500 million less than estimated cash in the second quarter, signaling that it would have enough cash to meet the COVID-19 Surviving…
AT&T announces $ 5.5 billion loan, may announce impending layoffs
Randall Stephenson, Chairman and CEO of AT&T (Photo by Amir Levy / Getty Images)
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Top line: AT&T was already heavily in debt before the pandemic, announced a new $ 5.5 billion loan and said it…
Chinese citizen, head of “unauthorized” instant loan apps, arrested at Delhi airport
Apps viewed on a phone | Representative image | Dhiraj Singh | Bloomberg
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Hyderabad: Two other people, including a Chinese national, were arrested Wednesday as part…
The Scottish government will lose cash in loans to Prestwick Airport, Ferguson Marine and BiFab.…
Ministers will lose most of the £ 120million in taxpayer dollars they spent bailing out three troubled Scottish companies - as they confirmed they have made no financial return on their huge loan bailout.
The loans…