Debt

Bank chief Simmons cautiously optimistic about pandemic recovery

Last week, Simmons First National Corp. has taken the rare step of giving us insight into the performance of the bank’s loan portfolio as the coronavirus pandemic continues to ravage the economy. Simmons officials are optimistic about the economic recovery, although they noted that the hospitality and service sector remained …

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Amazon’s housing philanthropy won’t save us

So let’s take a closer look. Amazon says the funds will “preserve and create over 20,000 affordable housing units.” The company’s initial commitment to the Puget Sound area? $ 161.5 million in loans and $ 24 million in grants to help the King County Housing Authority “preserve the affordability of …

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Andre Swift among 7 offensive starters hit Thanksgiving injury report, 16 players in total

ALLEN PARK – The Detroit Lions were kicked out for the first time in 11 years. Now they have four days to figure out how to get things done with seven strike starters on offense. Detroit didn’t actually train on Monday, but NFL teams are demanding that teams release an …

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Rolls-Royce wins contract for Zhangzhou units: corporate

September 03, 2020 Rolls-Royce, the British engineering company, has been awarded a “multi-million euro” contract by China National Nuclear Corporation (CNNC) to supply the neutron flux monitoring system for two nuclear reactors currently under construction in China . The system measures the neutron flux of a reactor and thus continuously …

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Dodge brings muscle car power to sedan and SUV in a more family-friendly package

In the revival of Detroit’s muscle car wars, here is the current champion of horsepower: the Dodge Challenger Hellcat Redeye. It delivers nearly 800 horsepower from a supercharged V8. But that might not be practical enough for some, since it only has two doors. So how about two more? Here …

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Wyoming Coal Companies Receive Federal Mining Aid | Energy Journal

Eagle Specialty Materials CEO John McNab did not immediately respond to requests for comment. Support local journalism Your membership makes our reporting possible. {{featured_button_text}} In March letter addressed to President Donald Trump and congressional leaders, the National Mining Association had urged Federal officials to relieve coal companies of royalties and …

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Third chance for a “smaller” and “more targeted” SME loan program

“The figures will be smaller because it is obviously more targeted, it is about the tourism sector. We think this is a practical approach. About $ 40 billion was made available under the program when it launched in March 2020, of which about $ 2 billion has been disbursed to …

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Halas helped save the Packers – Chicago Tribune

More than animosity, respect defines the oldest and best rivalry in the NFL. To fully understand this, we must go back to a day in 1956 when he was not Bear legend George Halas coached against the Packers. It was Halas coaxing the people of Green Bay on behalf of …

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Authorities Identify Knife-wielding 28-Year-Old Man Shot By Newton Police

NEWTON, Mass. (AP) – Authorities in Massachusetts have identified a man fatally shot by police over a local candy store this week. Middlesex District Attorney Marian Ryan said Tuesday that Michael Conlon, 28, of Newton, was killed after refusing to comply with orders to drop his knife on Monday afternoon. …

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Update on deductibility of expenses paid with canceled PPP loans

The IRS released an advanced version of Reverend Rul. 2021-2, which complies with a legislative amendment allowing taxpayers to deduct otherwise deductible expenses paid with the proceeds of a Paycheck Protection Program (P3) loan that is canceled (or is expected to be canceled). As described in a previous Client Alert …

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