Tag Archives: SBA

Financial Daily Dose 8.4.2020 | Top Story: Twitter to Pay FTC Up to $250 Over Privacy Violations

BY: Michael D. Reif | August 4, 2020

Twitter will pay the Federal Trade Commission up to $250 million to “resolve new charges . . . that the social media giant breached a 2011 consent decree by using data provided for security purposes to target users with advertisements.” Twitter had collected the personal info—like phone numbers and email addresses—after a massive cyberhack in … Continue reading

Financial Daily Dose 4.29.2020 | Top Story: White House Declares Meat Processing “Critical Infrastructure” Even as Unions Object Over Safety Concerns

BY: Michael D. Reif | April 29, 2020

Despite [actually, more likely because of] a rash of recent closures at meat processing facilities due to COVID-19 outbreaks, the White House issued an executive order classifying the slaughterhouses as “critical infrastructure” in an effort to “prevent looming shortages of pork, chicken and other products as a result of the coronavirus” – NYTimes and WSJ … Continue reading

Financial Daily Dose 4.1.2020 | Top Story: Markets fall again to close out devastating month on Wall Street

BY: Michael D. Reif | April 1, 2020

Markets closed down on Tuesday, a fitting conclusion to the worst month on Wall Street since October 2008 that was marked by wild volatility and record-setting point drops – NYTimes and WSJ and MarketWatch The long-term global economic outlook isn’t exactly inspiring stuff, either – NYTimes We’re learning more about a new loan program from … Continue reading