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HHS provides $86.6 million to businesses in Spartanburg under CARES ACT

Through the fourth quarter of 2020, businesses in Spartanburg received $86.6 million in health-related relief from the CARES act issued by the Department of Health and Human Services. According to numbers reported through the fourth quarter of 2020, businesses in South Carolina received $1.2 billion in health-related relief from the CARES act issued by the Department of Health and Human Services. The largest recipient of funding in the state was Prisma Health-Upstate with a total of $131 million. The average loan size in the city was $524,944 while the state s average loan amount was $258,718. Of the money distributed, $30 billion went out automatically to health providers based on previous year medicare payments. If the money wasn t returned within 90 days the provider is then automatically entered into the repayment terms that are issued by HHS. With the money going out automatically and the rules constantly changing, some of the businesses that received the money weren t eligibl

Increased Virtual Learning Impacts Children's Vision

Youth Council brings snowflakes to town

12/22/2020 Youth Council brings snowflakes to town Smithfield Youth Council’s Mia Holroyd shows off a snowflake before hanging it on her window. The Council designed the Smithfield Snowstorm project encouraging residents to make snowflakes and hang them in their windows as a community unifying project. SMITHFIELD – While Rhode Island experienced its first major snowstorm last week, the Smithfield Youth Council proposed its latest community unifying event, the Smithfield Snowstorm, which encourages people to put cut-out snowflakes in the windows of businesses and homes. The Youth Council is asking the Smithfield community to hang snowflakes in windows around town to show each other there is still fun to be had while being socially distant.

Dealmakers of Asia 2020 | Asian Legal Business

In a pandemic-hit year when dealmaking was more of a challenge than usual, certain lawyers stood out for their innovation, determination and focus on client needs. In this annual feature, ALB spotlights some of the standout dealmakers in the year gone by.   SHINICHI ARAKI Partner, Nagashima Ohno & Tsunematsu Araki, a capital markets expert, has more than two decades of experience. He represents numerous major Japanese financial institutions, manufacturers, technology companies and retailers. He also has a strong relationship with many major investment banks in Japan. Araki has acted on numerous matters including, most recently, advising Nomura, Goldman Sachs and SMBC Nikko on the $3 billion global offering of common stock of ANA Holdings (holding company of the largest airline in Japan) in the midst of the COVID-19 outbreak. He also advised Goldman Sachs and other managers on $4.3 billion accelerated book-built offering (ABO) of Yahoo Japan’s stock by Altaba in 2018 as well a

A Burlington medical goods distributor wants to buy an empty grocery store — and move into it

BURLINGTON — Medical goods distributor Wisconsin Vision Associates needs more space so badly, and doesn’t want to leave Burlington, that the company is trying to purchase an entire shopping center. The company has offered to purchase the Pinecrest Shopping Center in Burlington. It plans to then convert an old Richter’s Marketplace grocery store into a new warehouse and distribution center. A sign still greets visitors at the front entrance to the former Richter s Marketplace, which closed last year in the Pinecrest Shopping Center in Burlington. Scott Williams, Journal Times Richter’s Marketplace closed its doors last year, and the 50-year-old Pinecrest Shopping Center has become a distressed property, with other vacancies and out-of-town owners. The property still is home to a Family Dollar, Cousins Subs, Midwest Dance Center, Kira’s Asian Bistro restaurant, Salvation Army outlet and Advantage Physical Therapy medical office.