Dozens of businesses raked in at least $20 million in federal coronavirus relief loans despite appearing ineligible to receive them, a new report says. More than 75 firms got Paycheck Protection Program loans worth at least $150,000 even though they didn’t …
See Original Article

Enterprise Products Partners will cancel a crude oil pipeline project that would have transported oil from Midland to markets in the Houston area, the company said Wednesday. The Houston pipeline operator amended agreements with customers to cancel …
See Original Article

The 400 richest people in America are worth a combined $3.2 trillion, according to the 2020 Forbes 400 List. That figure rose $240 billion from a year ago, despite the coronavirus pandemic. Fifteen Texans made the magazine’s 39th annual ranking of the …
See Original Article

Peloton Interactive shares rose again Wednesday, on the eve of its fiscal fourth-quarter earnings report. And analysts are gushing about the company’s plan to rejigger product price points. After a bumpy road following last September’s initial public offering, …
See Original Article

According to Palantir’s latest S-1 amended filing published this morning, the company intends to start trading in two weeks on September 23 under the ticker PLTR. That gives us a bit of time to speculate about how the company will perform on the public …
See Original Article