(Adds quotes from Wood from interview). May 7 (Reuters) – Celebrity stockpicker and Ark Invest Chief Executive Cathie Wood told CNBC on Friday that hedge fund veteran Bill Hwang had provided seed capital for Ark’s first four exchange-traded funds.
See Original Article
The Small Business Administration began accepting applications this week for a federal program designed to provide relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses …
See Original Article
Amazon is delaying its annual Prime Day event in India and Canada as both countries witness a strong wave of COVID-19 cases, CNBC reported. The e-commerce giant has not announced a rescheduled date for the discount sale. Amazon had launched the …
See Original Article
WASHINGTON (Reuters) – The U.S. Department of Justice is investigating whether financial technology companies including Atlanta-based Kabbage Inc may have erred while distributing billions of dollars in pandemic aid to struggling small businesses, three …
See Original Article
When Erick Calderon tried to give a colleague a pixelated image of a man in a purple cap as a Secret Santa present in 2018, the colleague didn’t want it. Mr. Calderon’s father got it instead. This February, his father sold the image for $46,000. Tied to the …
See Original Article