Coronavirus stimulus: House Republicans try to force PPP small business vote

House Republicans will try to force vote to restart small business loan program Published Wed, Sep 16 20204:53 PM EDTUpdated Wed, Sep 16 20205:45 PM EDT House Republicans will attempt to quickly force a vote on a bill to replenish a key coronavirus small business aid program, according to congressional aides.  The GOP lawmakers on Wednesday will unveil a…

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Nvidia-Arm deal will help data center business

Nvidia‘s planned purchase of buy Arm from SoftBank for $40 billion would be the largest semiconductor deal of all time by dollar value if it is completed. But the dollar value may actually understate the importance of the deal, announced Sunday.  Arm is at the heart of nearly every smartphone sold today, from Apple iPhones to Samsung Galaxy devices running Google‘s…

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Snowflake’s Slootman, 2 others billionaires after record-breaking IPO – Business Insider

Snowflake CEO Frank Slootman, former CEO Bob Muglia, and cofounder Benoit Dageville are now billionaires after the data storage firm’s blockbuster IPO, Forbes reported. The eight-year-old data storage firm shot up as much as 165% in mid-day trading in what is so far the biggest IPO of 2020, and the biggest software IPO of all time. Even before his…

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Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent

Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent Published Wed, Sep 16 20208:32 AM EDTUpdated 56 Min Ago Yelp has also noted that businesses already well-suited for takeout, such as pizza places, coffee shops, and delis, are treading water better than other restaurants. The types of restaurants with the highest closures include…

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Razer, gaming hardware maker, detours from its core business to build a bank

Summary List Placement Razer, best known as a company that sells hardware for computer gaming, is considering expanding its financial services presence to the US and Europe, per PYMNTS. It aims to serve “the underserved youth and millennials segment,” as well as entrepreneurs and small businesses. Early this year, the California-based company applied for a banking license in Singapore, where it had…

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Oracle and TikTok both stand to benefit from a partnership – Business Insider

Oracle confirmed yesterday that it won the bid for TikTok’s US operations, beating out rivals Microsoft and Walmart. The last-minute bid made it in just before the original deadline set for today—but the deal will still need to be approved by the US government.  Oracle won the bid for TikTok’s US operations, beating out Microsoft and Walmart. NOAH SEELAM/AFP via Getty Images…

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Webinar with Business Insider’s politics team on presidential election – Business Insider

Business Insider’s new Washington Bureau has been producing exclusive, in-depth enterprise stories that dive into the intersection of politics, policy, and power in the nation’s capital.  Built from scratch by bureau chief Darren Samuelsohn less than six months ago and in the middle of a pandemic and economic downtown, Insider’s DC shop has grown to a talented team of…

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Shark Tank’s Daymond John on small business partnership with Lowe’s

“Shark Tank” investor Daymond John told CNBC on Tuesday that he believes his new effort with Lowe’s to help diverse entrepreneurs can have widespread appeal — and a big impact.  “You can get a million applicants, hopefully. I want people to step up to this,” he said on “Squawk on the Street.” “When you talk about diversity … you’re not only talking about…

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