Monthly Archives: March 2021

The influx of $ 1.5 billion Medicare money to skilled nursing facilities comes with strings attached – and some might not keep it

Late last week, some operators of skilled nursing facilities – along with many other providers who provide Medicare-reimbursed health services – woke up to a sudden influx of money into their bank accounts. ‘company. But they won’t necessarily be able to keep it. Without much fanfare, the Centers for Medicare & Medicaid Services (CMS) began […]

Twin Cities Trading Post will use digital marketing grant to adapt to times

By Eric Trent / [email protected] Editor’s Note: The Chronicle is working to help local businesses suffering the effects of the spread of the COVID-19 virus and associated government orders to shut down or limit business. There will be an article about a local business in every issue of The Chronicle and on in the […]

Kapil Wadhawan Moves NCLT Against Administrator of DHFL, CoC, Real Estate News, ET RealEstate

MUMBAI: Kapil Wadhawan, the former promoter of Dewan housing finance Corporation Ltd (DHFL) sued the National Company Law Tribunal against the administrator appointed by the RBI and the Creditors Committee of the bankrupt NBFC. In the motion dated November 24, Wadhawan called the offers received for DHFL’s resolution “absurd.” Claiming that the administrator did not […]

Two-party COVID-19 package includes $ 100 billion for vendors, short-term liability protections

A set of bipartisan House and Senate lawmakers on Tuesday launched a $ 908 billion COVID-19 relief framework that includes liability protections and $ 100 billion for suppliers. The package has not been presented to any of the chambers and has yet to be approved by House or Senate leadership and the White House. But […]

Banks adapt to slow growth prospects

Arkansas banks are adjusting to an uncertain financial environment that could lead to slower growth and reduced lending opportunities. The Federal Reserve cut interest rates by one percentage point on Sunday to help stave off a potential recession and the economic challenges presented by the coronavirus outbreak. Rate cuts eat into bank profits. On Monday […]

Lawmakers call for ‘full accounting’ of SBA data breach – GCN

Lawmakers Call for ‘Full Accounting’ of SBA Data Leak By Mark Rockwell, Derek B. Johnson Apr 27, 2020 Lawmakers want more information on the exposure of personally identifiable information from thousands of companies applying for Small Business Administration pandemic relief loans. In one letter to SBA administrator Jovita Carranza on April 23, the senses Ben […]

China-based loan app exposed millions of Indian data on unsecured server

Update (08/17/2020): Moneed has issued a statement saying it complies with all laws and regulations in India. Although the company did not acknowledge the data breach, it said the team took into account cybersecurity researchers’ suggestions to “strengthen our firewall and security protection to fully meet standards and requirements in accordance with laws and regulations […]

Highland Bank implements Nutanix technology to adapt to COVID-19 pandemic

SAN JOSE, Calif .– (COMMERCIAL THREAD) –Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced that Highland Bank, an enterprise-focused private bank, has implemented Nutanix hyperconverged infrastructure (HCI) to enable employees to work from anywhere. where in response to the COVID-19 pandemic, as well as to increase the flexibility and reliability of their […]

COVID-19: The Coronavirus Business Interruption Loan Program: A Short-Term Solution? | Dentons

Amid the COVID-19 crisis, Chancellor Rishi Sunak announced a new program: the Coronavirus Business Interruption Loan Scheme (CBILS) which aims to help UK small businesses with lost or deferred income resulting in cash flow disruptions , providing access to bank loans, overdrafts, bill financing and asset financing during the pandemic. It opened for applications on […]