Some public companies reported receiving coronavirus relief loans, prompting questions about how large companies are tapping the emergency fund intended for struggling mom-and-pop businesses.
At least 222 public companies received forgivable loans totaling more than $870 million.
The Los Angeles Lakers have returned a $4.6 million loan from a federal program meant to help small businesses hurt by the coronavirus pandemic.

Sector Spotlight: Hotel REITs

02:52pm, Monday, 27'th Apr 2020
The Hotel sector has been arguably the hardest hit of all REIT property types by the impact of the coronavirus. Many hotel REITs have shut down operations at so
Lenders and small businesses are hoping this round goes more smoothly than the chaotic first one (and if it doesn't, Joe Biden warns, many mom-and-pop shops are done for); originators are adding staff
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. News of easing lockdo
Last week, Morgan Stanley analysts found that public companies had received $243.4M from the original Paycheck Protection Program, but that figure has now ballooned as additional firms file disclosure

Update on the latest in business:

07:21am, Monday, 27'th Apr 2020
FINANCIAL MARKETS Asian markets gain after Japan central bank boosts aid BEIJING (AP) — Asian stock markets gained today after Japan’s central bank promised more asset purchases to shore up financ
Three publicly traded hotel companies tied to a Texas businessman said that they would not give back millions of dollars in loans from a government program aimed at helping small businesses.
Three publicly traded hotel companies tied to a Texas businessman say they will not give back any of the $126 million in loans they have applied for from a government program aimed at helping small bu
Three publicly traded hotel companies tied to a Texas businessman said that they would not give back millions of dollars in loans from a government program aimed at helping small businesses. Facing pr
Three publicly traded hotel companies tied to a Texas businessman said that they would not give back millions of dollars in loans from a government program aimed at helping small businesses. Facing p
Data from FactSquared, a Washington D.C.-based data analytics firm, shows the full extent that public companies successfully navigated emergency funding.
Sarah Wright was accepted on to a drug trial in the US but cannot fly due to coronavirus restrictions.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE