De Niro-backed Nobu restaurants took more than a dozen PPP loans
The Nobu group of luxury sushi restaurants and hotels took 14 loans from the U.S. small business relief program for as much as $28 million, according to government filings.
The chain, founded by actor Robert De Niro, celebrity chef Nobuyuki "Nobu" Matsuhisa and film producer Meir Teper, got funding for properties scattered across the country, from California to Texas and New Yor...Continue reading
Patrick Mahomes' 10-year extension with Kansas City Chiefs is worth more than $400 million
The Kansas City Chiefs and Super Bowl winning quarterback Patrick Mahomes have agreed to a 10-year extension worth more than $400 million, according to reports.
Mahomes, who led the Chiefs to their first Super Bowl victory in 50 years, is now in position to become among the highest-paid players in the National Football League with his new contract, which is worth a total of $450 million, ...Continue reading
Here are some of the restaurant chains that received millions in government payroll loans
Large restaurant chains received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small Business Administration and the Treasury Department.
Businesses in the accommodation and food services sector received more than $42 billion in funding from the program, accounting for 8.07% of the total loans. Roughly $130 billion of the program's ...Continue reading
Dr. Fauci says coronavirus immunity may be 'finite,' duration remains uncertain
Protection from any potential coronavirus vaccine might be short-lived and could require a booster to prolong protection, White House health advisor Dr. Anthony Fauci said Monday.
As several companies move closer to the finish line of a potential vaccine for the virus, the role of antibodies takes on even more significance as it could determine how well any vaccine works and how often so...Continue reading
Dr. Anthony Fauci says the average age of U.S. coronavirus patients has dropped by 15 years as Sun Belt states gets hit
The average age of new coronavirus patients has dropped by roughly 15 years compared with only a few months ago as the virus reignites in America's Sun Belt, White House health advisor Dr. Anthony Fauci said Monday.
Fauci, director of the National Institutes of Allergy and Infectious Diseases, said during a Q&A discussion with Dr. Francis Collins, director of the National Institu...Continue reading