Foremost Group hasn't come under the same amount of scrutiny for its PPP loan as large companies like Shake Shack, which returned its $10 million PPP loan in April, or Harvard University, which received more than $8.5 million, but Chao's relationship with the company has in the past been the subject of an ethics investigation launched by the House of Representatives after Chao assumed her role within the Trump administration in early 2017. Chao, who is married to Senate Majority Leader Mitch McConnell, has also received criticism for possessing stocks after she said she would sell them before stepping up to lead the Department of Transportation. … [Read more...] about McConnell’s Wife’s Family Business Appears on Trump Admin’s List of Companies That Received Most PPP Money
"We are grateful to those who have expressed their support since announcing the proposed closure last month, and for the incredible professionalism our partners have shown - they remain our absolute priority and will be fully supported over the coming weeks." … [Read more...] about John Lewis confirms eight stores that will permanently close – full list
Skincare expert - and HELLO! superfan - Caroline Hirons has launched Beauty Backed - a fundraising campaign to provide financial aid and support to beauty businesses that are struggling during the coronavirus pandemic. Supported by industry experts and influencers, as well as The British Beauty Council and BABTAC, Beauty Backed's number one goal is to raise money and support for the clinics, aestheticians, makeup artists, and therapists unable to work due to the government’s recent ban on close-contact services in the wake of lockdown. … [Read more...] about Skincare influencer Caroline Hirons launches Beauty Backed to raise money for the struggling beauty industry post new restrictions
A fund manager’s full-time job is to manage other people’s money. But have you wondered who manages their funds? How much of their knowledge and acumen do fund managers put to use when it comes to their own financial planning process? Are their goals similar to ours? On this Independence Day, Moneycontrol asked two fund managers what financial freedom means to them. Here’s what they had to say. … [Read more...] about What does financial freedom mean to two of India’s famous money managers?
1:11 pm: On the EPF issue, Finance Mininster Arun Jaitley, in the Lok Sabha, says, "The Govt. will address them during the reply on Budget." Earlier, Mr. Jaitley, in a post-Budget interaction with industry associations, said that the tax proposal was not aimed at revenue generation, but help everyone get a pension in their old age. >More... … [Read more...] about Live: Centre brought a ‘fair and lovely’ scheme to launder black money: Rahul