Financial

America’s biggest banks thrived during the pandemic

Record trading revenues have helped make 2020 a much better year for America’s biggest banks than for most other industries, as the coronavirus pandemic devastates the country’s economy. While optimism seems to have settled in much of Wall Street, the question now is what will 2021 look like, with executives …

Read More »

Lansing Lugnuts turns baseball lemons into League lemonade

Baseball, at least in some form, is still on schedule. Major League Baseball announced Tuesday that it will not send players to its minor league affiliates, a move that was expected and that officially ended the 2020 minor league baseball season. Lansing Lugnuts Stadium Events Director Greg Kigar and General …

Read More »

Eli Rozenberg flies to Israel to get loan from El Al

El Al Israel Airlines Ltd. (TASE: ELAL) majority shareholder Eli Rozenberg landed in Israel this morning on a Arkia Airlines Ltd. from Larnaca, after having flown to Cyprus with his entourage. It’s unclear why Rozenberg didn’t fly to Israel from New York on one of the airline’s rescue flights. Back …

Read More »

New Guidelines for the Main Street Loan Program

The Federal Reserve Bank has issued new orientation for the Main Street Loan Program (the Program) on May 27, 2020. In addition to an expanded set of Frequently Asked Questions (FAQs), the Federal Reserve has released forms and documents for use in connection with issued loans as part of the …

Read More »