Newsweek, Olivet University get heat for PPP loans

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Newsweek, Olivet University get heat for PPP loans

Newsweek and Olivet University are drawing fire for receiving coronavirus stimulus loans following their involvement in a $35 million money-laundering scheme that has resulted in guilty pleas by former executives of the media company and the college.
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Fiat Chrysler signs deal with Waymo as it steers away from Aurora

Editor’s note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every day on our website (and in our daily emails) as an added value to your subscription. Fiat Chrysler Automobiles said on …
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Jeff Bezos 'Lost' $12B In The Last 12 Days. Here's What That Tells Investors

The $13 billion increase in Amazon AMZN -0.7% CEO Jeff Bezos’s net worth on July 20 now has social media atwitter. Yet Bezos’s net worth is well below its peak. Based on the decline in Amazon’s stock price — which peaked at around $3,344 on July 10 …
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Thermo Fisher Profit Up on Demand for Virus-Testing Products

Thermo Fisher Scientific (TMO) – Get Report on Wednesday posted better-than-expected second-quarter results as demand for coronavirus lab testing products helped the medical technology company beat Wall Street’s expectations. Shares of the Waltham, …
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Best Buy Stock Jumps to New Highs Because Its Online Sales Are Surging

Best Buy stock was up almost 5% in premarket trading Wednesday, bumping against all-time highs on Tuesday morning after the electronics retailer provided a rosy fiscal second-quarter update that showed a triple-digit jump in online sales. Best Buy said its …
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