Texas Billionaire Who Levered Restaurant Empire Hit on All Sides

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Texas Billionaire Who Levered Restaurant Empire Hit on All Sides

(Bloomberg) — Last month, on the Friday before the U.S. stock market recorded its worst weekly plunge since 2008, Texas billionaire Tilman Fertitta was beaming. As he prepared to host an annual Mardi Gras celebration at a beachfront resort outside Houston …
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City of Rockford announces program to help small business owners during COVID-19 outbreak

ROCKFORD, Ill. (WIFR) — The City of Rockford announced at a press conference Wednesday morning a new program that will help small businesses get through the current COVID-19 outbreak. The COVID-19 Small Business Emergency Loan Fund will help …
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Southwest, Delta, American Airlines reduce food, drink services to combat spread of coronavirus

Major U.S. airlines are updating their food, drink and seating policies in an effort to curb the spread of the novel coronavirus. After announcing last week it would suspend usual beverage service and instead offer only water and snacks, Southwest announced …
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Online marketplace OfferUp raises $120M, acquires top competitor letgo

OfferUp, a top online and mobile marketplace app, announced this morning it’s raising $120 million in a new round of funding led by competiting marketplace letgo’s majority investor, OLX Group, and others. As a part of the deal, OfferUp will also be acquiring …
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Green Dot stock surges 20% after announcement of new CEO

Green Dot Corp. shares GDOT, +19.17% are up 20% in Wednesday trading after the company announced the appointment of Dan Henry, a former NetSpend executive, as its next chief executive. William Jacobs, Green Dot’s board chair, had been serving as …
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