The bargaining boom it took in the Wall Street storm in early 2021 has cooled dramatically as U.S. authorities lift the social barrier and allow amateur investors to spend more time away from home.
An army of merchants equipped with free commercial applications driven When “meme” stocks reached high levels in the first few months of this year, such a strong move prompted a congressional investigation into key market issues such as trade liquidation and the links between brokers and market makers.
But as large parts of the U.S. economy begin to reopen, the hunger for the same kind of lively trading that caused volatility in many stocks in January and February began to fade.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Equinox Gold Sells Pilar Gold Mine
April 19, 2021 GMT
All dollar amounts are expressed in US$
VANCOUVER, BC, April 19, 2021 /PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce that the Company has sold its Pilar Gold Mine in Brazil to Pilar Gold Inc. for aggregate consideration of:
$38 million in cash, payable as follows:
$10.5 million on closing, which has been received;
$10 million payable on or before May 31, 2021; and
$17.5 million payable on or before July 31, 2021.
A 9.9% equity interest in Pilar Gold Inc.; and a
Press release content from Business Wire. The AP news staff was not involved in its creation.
UNITE HERE Local 11 Asks Federal Agency to Ensure Chateau Marmont Complies with Loan Law
April 17, 2021 GMT
LOS ANGELES (BUSINESS WIRE) Apr 17, 2021
Former Chateau Marmont workers asked the U.S. Small Business Administration (“SBA”) to ensure that Chateau Marmont comply with Paycheck Protection Program (PPP) loan requirements.
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According to public records, the hotel was approved for a $1.95 million PPP loan on February 5, 2021, and as of April 13 the loan had been disbursed but not paid in full or charged off, according to the SBA. While the PPP program was intended to keep workers on payroll, only a small fraction of laid-off Chateau workers have been returned to their jobs.