Miscellaneous

This Former Banking Executive Wanted to Help a Friend Suffering From Lupus. Now He Leads a BioTech Company on the Verge of a Breakthrough COVID Treatment.

January 14, 2021 7 min read In this ongoing series, we are sharing advice, tips and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Answers have been edited and condensed for clarity.) Who are you and what’s your business? I had a 32-year career at JPMorgan and was a Vice Chairman of the Private […]

Miscellaneous

Sonora Grill ignored red traffic lights and authorities closed the premises

In social networks, many Internet users applauded the restaurant’s decision and pointed out the permissiveness of the authorities with informal commerce. January 14, 2021 4 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. This Tuesday, one of the five branches that Sonora Grill […]

Miscellaneous

How Did Elon Musk Just Become the Richest Person In the World? The Answer is Simpler Than You Might Think

By at least one way of defining success, Elon Musk is exceptionally successful: Tesla’s seven-fold stock price increase just sent his wealth (lame pun alert) rocketing past Jeff Bezos. (Shares in Amazon have also risen in value, but not as sharply; plus, ex-wife Mackenzie Scott received a 4 percent stake in Amazon as part of the couple’s divorce settlement.) Despite […]

Miscellaneous

SBA Plans to Relaunch the PPP on Monday. Why It Will Not Go Smoothly 

The smallest businesses and those owned by people of color were last in line for Covid-19 relief. And they may well be again. The Small Business Administration, in consultation with the U.S. Treasury, announced Friday that on January 11 it will relaunch the Paycheck Protection Program for borrowers at so-called community financial institutions. That’s two full days before the portal opens to second-draw […]