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AMC Successfully Avoids Bankruptcy with New Funding

AMC Entertainment was granted a new lifeline after months of bankruptcy projections. The company announced on Jan. 25 that it has raised...

OCC finalizes Fair Lending Rule, forcing banks to lend to politically unfavorable companies

In his last days in office, acting comptroller Brain Brooks finalized the Fair Lending Rule. The new OCC rule will forbid banks...
Boston Federal Reserve President Eric Rosengren

Fed’s Rosengren Shows Support for Biden’s Stimulus Proposal

Boston Federal Reserve President Eric Rosengren said on Jan. 15 that President Joe Biden's proposed stimulus plan is much needed for an...

New SPAC ECP Environmental Growth Opportunities Corp. to Help Combat Climate Change

ECP Environmental Growth Opportunities Corp. has filed paperwork with the SEC registering 25 million units to trade on the NASDAQ. These filings...

Challenges in Life Sciences: What 2020 Meant for This Industry

When we compare life sciences and healthcare to other industries, the strategy in the former is much more fragmented. The pricing practices are also relatively unbalanced while the product cycle is quite long as well.

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Titan Pharmaceuticals to Offer More Shares of Common Stock

Titan Pharmaceuticals (NASDAQ: TTNP) has filed preliminary paperwork with the SEC in which they have announced their plans to register more shares...

The Knot Preserves Revenue with Advertiser Retention Plans

The Knot Worldwide Inc, an online wedding planning company, implemented special advertiser retention plans this year to protect pre-pandemic revenue.
Mortgage Rates Consumers

Mortgage Rates Remain Near Record Lows

According to an Oct. 1 Freddie Mac (FMCC) report, 30-year fixed mortgage rates averaged 2.88% for that week, down two basis points...

Effects of COVID-19 Recession on Tourism

From airlines to hotels to cruises, tourism businesses have faced unprecedented distress due to the COVID-19 pandemic. Global travel...

Old Time Pottery Files Chapter 11, Closes Stores

Old Time Pottery has filed for Chapter 11 bankruptcy, due to Covid-19. Profits were increasing at a “near-record pace”...