• Loans

    Mnuchin to testify at hearing on $700M YRC, Treasury loans

    The rationale behind the $700 million pandemic-relief loan made to less-than-truckload (LTL) carrier YRC Worldwide (NASDAQ: YRCW) appears to be a likely topic during an upcoming commission hearing on the national security loan program established under the Coronavirus Aid, Relief and Economic Security (CARES) Act. The seventh report from the congressional commission overseeing the distribution of federal loans made to businesses negatively impacted by the pandemic noted “serious concerns” with the YRC loan and said the “Department of Defense has yet to provide the commission a satisfactory explanation for how YRC is critical to national security.” A $17  

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  • Insurance

    Martin Ventures backs insurance broker marketplace

    Well-known execs also take part in funding round authors Geert De Lombaerde Brian Freeman A local startup that helps businesses evaluate insurance brokers has landed growth financing from Martin Ventures and some well-known local health care executives. Mployer Advisor was founded about a year and a half ago by Brian Freeman, who had previously spent about a decade in the strategy and finance groups at HCA Healthcare. The 10-person company came to market early this year and has aggregated more than 25,000 reviews of health and property and casualty insurance brokerages. It also has built an algorithm that assigns brokers  

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  • Business Marketing

    Veteran Business Accelerator and Innovator Omar Hussain Joins Demand Science Board of Directors

    DANVERS, Mass., Dec. 2, 2020 /PRNewswire/ — Demand Science, a global buyer intelligence platform and integrated B2B solution suite that drives sales and marketing growth for hundreds of the world’s largest technology and B2B companies, today announced that Omar Hussain has joined its Board of Directors. Mr. Hussain will be working alongside industry veterans Melissa Chang, Chair of the Board, and Barry Harrigan, Vice Chair of the Board who founded Demand Science in 2007. Mr. Hussain is widely known for his 14-year leadership of software company Imprivata, including taking the company public in 2014, raising over  

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  • Business Analysts

    Global Fiber Optic Splice Closures (FOSC) Market 2020 Future Trend, Business Strategies, Revenue Value, Comprehensive Analysis and Forecast by 2025

    The MarketWatch News Department was not involved in the creation of this content. Dec 02, 2020 (CDN Newswire via Comtex) — The recently launched report entitled Global Fiber Optic Splice Closures (FOSC) Market 2020 by Manufacturers, Type and Application, Forecast to 2025 serves an in-sight survey of the global market based on the historical and current market situation. The report provides a comprehensive analysis of the market status, market key vendors, products, end-user applications, and geographical regions. The report expresses the qualitative and quantitative both information regarding the market in the form of graphs, pie charts, tables, and systematic figures.  

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  • Loans With Collateral

    Paytm to disburse Rs 1,000 crore MSME loans by March 2021

    Digital financial services platform Paytm on Monday said it is expanding its collateral-free loans for MSMEs from Rs 550 crore in the last fiscal year to Rs 1,000 crore by March 2021. In a statement, Paytm said it is expanding its collateral-free loans of up to Rs 5 lakh at a low-interest rate and unique daily EMI product customised for micro-merchants. Bhavesh Gupta, CEO of Paytm Lending, said, “With our collateral-free instant loans, we are trying to help kirana stores and other small business owners who have been left behind by the traditional banking sector and do not have easy  

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  • Vehicle Insurance

    Auto Compulsory Insurance Market 2020 Global Industry Size, Share, Revenue, Business Growth, Demand and Applications Market Research Report to 2026

    The MarketWatch News Department was not involved in the creation of this content. Nov 30, 2020 (The Expresswire) — The Auto Compulsory Insurance market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. A comprehensive estimate on the Auto Compulsory Insurance market has been provided through an optimistic scenario as well as a conservative scenario, taking into account  

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  • Business News

    Singapore becomes first country to approve lab-grown meat

    The product, created from cultured chicken cells, has been approved as an ingredient in chicken bites following Singapore Food Agency (SFA) approval, Eat Just said Tuesday. Initially, the chicken bites will debut in a Singapore restaurant, with plans for wider expansion into dining and retail establishments in the country, Josh Tetrick, co-founder and CEO of Eat Just told CNN Business. The product will be priced at parity with premium chicken, he added. “We’ve been eating meat for many hundreds, thousands of years, always needing to kill an animal to eat — until now,” he said. The cultured meat is created  

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  • Loans

    Here’s what student debt forgiveness would look like for borrowers and the U.S. government

    Dave Osborne, 72, is currently making a nearly $700 monthly payment to Sallie Mae to pay down $55,000 in private student loans while living in retirement in Akron, Ohio. Osborne, having co-signed on loans taken out by his grandson to fund his college education, started paying the recurring debt payment as his kin struggled with employment amid the coronavirus pandemic. “Obviously, it’s put a strain on our relationship,” the former school administrator told Yahoo Finance. “If we didn’t pay [the lenders] our credit, everything related to us would have suffered.” The Osbornes — who still owe more than $49,000 on  

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