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Euro zone business lending slows slightly
Lending growth to euro zone businesses slowed slightly from relatively high levels in August and held steady in the case of household loans, data from the European Central Bank showed on Friday.
Euro zone business lending slows slightly
FRANKFURT, Sept 25 (Reuters) - Lending growth to euro zone businesses slowed slightly from relatively high levels in August and held steady in the case of household loans, data from the European
Maryland businesses impacted by drought can apply for federal disaster loans
The U.S. Small Business Administration (SBA) is offering federal disaster loans to eligible Maryland businesses and private nonprofit organizations that have been impacted by drought.
Delta Peanut receives $5 million loan to continue operations
Peanut farmers in Northeast Arkansas and in the Missouri Bootheel have potentially staved off a disaster. A $5 million loan has been allocated from the Governor’s Quick Action Closing Fund...
Lancaster County small businesses, private nonprofits impacted by drought eligible for low-interest loans
Low-interest federal disaster loans are available for small Lancaster County businesses and private nonprofits impacted by drought earlier this year.
SBA Loan Defaults Surged at 2 Nonbank Lenders. $1.3 Billion Entered Liquidation
The Small Business Administration stopped non-bank lender exams just one week before lifting a nearly 40-year moratorium on admitting more of them into the program.
Centennial Building auction stays on track, but its fate could hinge on repayment
Millennia Cos., the building's owner, still has time to get a loan approved and satisfy its creditors, but for now, the auction is still on.
Benfica loanee Franjo Ivanovic makes statement on Lens future
Franjo Ivanovic (22) joined RC Lens on loan from Benfica over the summer. The centre-forward has confirmed that his move to the Stade Bollaert will not be made permanent at the end of the season.Ivano...
Liverpool star has one last chance to save his career
Liverpool have a lot of players among their ranks. Some have been sent out on loan, some are on the fringes of the first-team and some are regular starters.No matter what role they have at Anfield, th...
A planned 2029 debt redemption hinges on $3.97B in funding as AMC Entertainment (AMC) prices new borrowing.
AMC also priced $850M in new term loans. Proceeds and cash are intended to repay existing loans and redeem $903.4M of Muvico notes, subject to conditions.
Trump SBA to Extend Comment Period After Ranking Member Markey Leads Effort to Rescind SBA Policy that Reclassifies Billion-Dollar Businesses as “Small Businesses”
Trump admin policy would reclassify 114,000 larger businesses as “small” to access small business resources and win federal contracts meant for small businesses Letter (PDF) (Washington, September 23) – This week, the Small Business Administration (SBA) announced its plans to extend the deadline to submit comments on its controversial proposed rule regarding small business size standards until November 20. The Trump SBA’s announcement came shortly after Ranking Member Edward J. Markey (D-Mass.), alongside 12 of his Senate colleagues, sent a letter to Administrator Kelly Loeffler demanding that the Trump SBA rescind a harmful policy that would dramatically redefine what a small business is. The Administration’s proposed policy would change the small business size standard to designate 114,000 larger companies some with annual revenue above $1 billion—as small businesses, giving these businesses access to small business resources and federal contracts typically set aside for actual small businesses. In the letter, Ranking Member Markey and the lawmakers emphasized that small businesses will be shut out of the federal contracting space as government agencies award contracts to larger businesses, causing small businesses to lose revenue, lay off workers, or close their businesses entirely. “For more than 70 years, SBA’s mission has been clear: promote and protect the interests and viability of small businesses. By proceeding with this proposed methodology and rule, SBA moves further away from its mission of facilitating healthy small business participation in the U.S. economy. We urge SBA to rescind these proposals, meet in earnest with small businesses across the country, and discuss the proposal and methodology with congressional committees of jurisdiction. SBA must be committed to developing measured increases to the size standards that do not reward large, billion-dollar companies but instead helps our small businesses survive, grow, and thrive.” The lawmakers highlighted the following points in their letter: Under the Trump SBA’s new size standards, the highest receipts-based standard would exceed $1 billion in annual revenue—more than 20 times the current $47 million maximum—and the highest employee-based standard would reach 3,600 employees—more than twice the current 1,500 employee maximum. Specific increases include an increase in size of nearly 492% for banks, 1,500% for law firms, and more than 2,051% for private equity firms. Of the 114,000 businesses that would be newly classified as small, more than 37,000 of these businesses have collectively won more than 100,000 federal contracts worth approximately $71 billion in Fiscal Year 2025 alone without a small business designation. If SBA included the awards won by these 37,000 businesses in its Fiscal Year 2025 analysis, small business contracts would have accounted for 38% of all federal contracts, instead of the 27% that SBA announced this summer. The letter was co-signed by Senators Mazie Hirono (D-Hawaii), Angela Alsobrooks (D-Md.), Richard Blumenthal (D-Conn.), Christopher Coons (D-Dela.), Elissa Slotkin (D-Mich.), Chris Van Hollen (D-Md.), Jacky Rosen (D-Nev.), Elizabeth Warren (D-Mass.), Tim Kaine (D-Va.), Brian Schatz (D-Hawaii), Mark Warner (D-Va.), and Ruben Gallego (D-Ariz.). Ranking Member Markey is fighting to protect small businesses in Massachusetts and across the country from the Trump SBA’s harmful policies that put big businesses and billionaires over American small businesses, workers, and families. In August, Ranking Member Markey slammed the Trump SBA’s proposal to overhaul its small business size standards to benefit big businesses over small businesses. In July, Ranking Member Markey and House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) introduced a Congressional Review Act (CRA) resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential Small Business Administration (SBA) loans to start and grow their businesses. Also in July, Ranking Member Markey and Senator Hirono submitted a comment letter to the Small Business Administration (SBA) opposing a proposed rule change by Trump’s SBA to the 8(a) Business Development Program that would harm underserved small business owners and entrepreneurs. In June, Ranking Member Markey released a new report highlighting Trump’s drastic reduction in federal contracting dollars awarded to American small businesses. ###
AMC Entertainment Holdings, Inc. Announces Pricing of First Lien Notes and New 1L Term Loan Facility
LEAWOOD, Kan.--(BUSINESS WIRE)-- AMC Entertainment Holdings, Inc. (NYSE: AMC) (the “Company,” or “AMC”), announced today that it has…...
Penguins cut nine players, including Tomas Galvas
The Penguins made some roster cuts today during their off day, trimming away nine players. Besides Gauthier, the fourth goalie in the organization, only Tomas Galvas is on an NHL contract from this group. The Penguins stuck with the plan to loan the 20-year old 2026 second round pick back to his Czech team for […]
Official | Enzo Le Fée extends Sunderland contract
Enzo Le Fée (26) has extended his contract with Sunderland AFC until 2031, the club has officially announced.Loaned from AS Roma in January 2025, then signed permanently by the Black Cats six months ...
The Federal Agency That’s Supposed to Protect Consumers Just Made Another Business-Friendly Move
Debt collection. Credit reporting. Payday loans. Consumer complaints to a federal database used to help reveal issues and bring accountability. Then the Consumer Financial Protection Bureau stopped publishing the narratives.
AMC Entertainment Holdings (AMC) Begins $3.97 Billion Debt Refinancing
AMC Entertainment Holdings (NYSE:AMC) launched a US$3.97b debt refinancing effort aimed at reshaping its capital structure. The package includes new secured note offerings designed to retire existing 2029 notes through a comprehensive tender offer. AMC is also pursuing new first and second lien term loans that are intended to replace upcoming debt maturities. This large refinancing of 2029 notes and new secured financing only captures part of what could reshape AMC’s risk profile. Check out...
Small Business Administration announces approval of disaster loans for those impacted by Empire Towers
Governor Wes Moore announced Tuesday that the Small Business Administration has approved his request for a Small Business Administrative Declaration to provide Economic Injury Disaster Loans.
Man Utd & Liverpool eye Mitchell
Manchester United and Liverpool are keen on Crystal Palace defender Tyrick Mitchell, Aston Villa loan attacker Alejandro Garnacho is on the radar of La Liga clubs, while Chelsea want Gambian teenager Adama Jeng, plus more.
Governor Moore Announces Approval of SBA Economic Injury Disaster Loans for Anne Arundel County Businesses Affected by Empire Towers Structural Emergency
Governor Moore announced that the SBA has approved his request for a SBA Declaration to provide EIDL.
Juventus plans to sign €50m goalkeeper in the summer
Marco Carnesecchi has been on Juventus’ radar since he was on loan at Cremonese some years ago, and they are ready to make a significant investment to sign him at the end of this season.Luciano Spal...
Is Garnacho already at a crossroads at Villa?
Alejandro Garnacho joined Aston Villa on loan from Chelsea with a view to kick-starting his career, but his early weeks in the Midlands have been a struggle.
USDA awards GJ Business Incubator with nearly $700K in rural development funding
The USDA awarded $692,075 in rural development grants and microloan funds to the Grand Junction Business Incubator Center to support Western Slope startups.
SBA offering low-interest loans for businesses impacted by drought
UMATILLA COUNTY — The U.S. Small Business Administration (SBA) is offering disaster assistance for businesses in Oregon, Washington and Idaho that were impacted by drought this year. The SBA announced […]
Iowa Bankers Mortgage Corp. announces leadership transition
Robert Hartwig, president of Iowa Bankers Mortgage Corp. since 2023, plans on retiring in 2027, the group announced. Nathan Smithey, currently the group’s senior vice president of loan production, will succeed Hartwig. Hartwig began working at Iowa Bankers Association in 1997. (Iowa Bankers Mortgage Corp. is an affiliate of Iowa Bankers Association.) Hartwig held roles…
Allegheny Health Network Launches New National CRNA Recruiting Campaign, $110,000 Student Loan Repayment Program, to Strengthen Western Pennsylvania's Certified Nurse Anesthetist Workforce
/PRNewswire/ -- Allegheny Health Network (AHN) today announced the launch of a new national recruitment and loan repayment program designed to strengthen the...
Sofia Verrini moves to Cesena
MILANO - FC Internazionale Milano can announce that Sofia Verrini has left the club on loan: the 2008-born defender moves to Cesena on loan until 30 June 2027.At the same time, Sofia has extended her ...
AMC Entertainment starts $3.97B debt plan to refinance notes, term loans
AMC raises $3.97B in new debt to refinance and restructure existing loans and notes, targeting 2027-2029 maturities.
AMC Entertainment starts $3.97B debt plan to refinance notes, term loans
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AMC Entertainment Holdings, Inc. Announces First Lien Notes Offering and New Term Loan Facilities to Refinance Existing Debt
LEAWOOD, Kan., September 21, 2026--AMC Entertainment Holdings, Inc. (NYSE: AMC) (the "Company," or "AMC"), announced today that it has commenced an offering of $2,000 million aggregate principal amount of first lien notes due 2031 (the "Notes") in a private offering (the "Offering") and launched syndication of a new $850 million first lien term loan facility (the "New 1L Term Loan Facility" and together with the Offering, the "1L Financing"), each subject to market and other conditions. The Comp
Keane presence at Celtic Park defeat played down
Roy Keane's appearance at Celtic Park as Martin O'Neill ponders his future as manager is played down as Aberdeen's Findlay Marshall expresses relief at not being sent out on loan.
Jonathan David: From Juventus flop to Madrid derby star
Jonathan David has enjoyed an impressive start to life at Atletico Madrid following his loan move from Juventus.David produced another outstanding display in Atletico’s 2-1 victory over Real Madrid ...
A 60-year-old mom faces retirement with $156K in student loans
She doesn't have a college degree of her own, but she's staring down a six-figure student-loan balance she took on to give her kids a better life.
Jacob Render heads to Darlington on loan
Leeds United can confirm Academy forward Jacob Render has joined Enterprise National League North side Darlington on a short-term youth loan.The versatile attacker has made seven appearances for Scott...
PENN Entertainment, Inspired, Lovesac, Rush Street Interactive, and Marriott Vacations Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after rising Treasury yields and higher interest rates intensified worries over household finances and discretionary consumption, creating headwind conditions for consumer-facing companies. According to Reuters, as borrowing costs on mortgages, auto loans, and credit cards climb, household budgets are increasingly squeezed, encouraging consumers to prioritize saving and basic necessities over non-essential purchases. In addition, recent economic d
Max Dowman: Mikel Arteta admits 16-year-old Arsenal wonderkid could go out on loan in the future
Arsenal manager Mikel Arteta has not ruled out loaning out Max Dowman in the future and says the club evaluates the 16-year-old sensations progress every six months.
Credit unions bulk up a business that banks long dominated
Citadel Credit Union recently closed a $50 million loan on a Philadelphia office tower. It's part of a trend, as credit unions build their commercial real estate lending businesses.
Proctor blow forces Shrewsbury to re-sign Gregory
Shrewsbury Town re-sign goalkeeper Cameron Gregory on a short-term deal as cover for the injured Aston Villa loan man Sam Proctor.
Bayern could spoil Juventus long-term plan for Woltemade
Nick Woltemade is spending this season on loan at Juventus from Newcastle United, and the Bianconeri would like to keep him beyond this campaign if he proves to be a success.Woltemade struggled in Eng...
Governor Moore seeks SBA loans for Glen Burnie businesses hit by Empire Towers shutdown
The governor said an SBA Economic Injury Disaster Loan declaration would provide critical financial recovery support for business affected by offering loans to cover operating expenses.
Mark Walter hit with class-action lawsuit in wake of insurance probe
The lawsuit comes as Walter and his business empire are under federal investigation for fraud related to the classification of company loans.
Ornella Graziani is Bianconera!
Ornella Graziani has signed for Juventus! The 19-year-old French midfielder joins on loan from Paris Saint-Germain with an option to buy.Graziani is one of the most promising young talents in French f...
Birmingham midfielder Fujimoto departs on loan
Birmingham City midfielder Kanya Fujimoto returns to former club Tokyo Verdy on loan.
Marietta/Belpre Health Department hosting ‘Diaper Drive’ to support families
MARIETTA – The Marietta/Belpre Health Department is hosting a “Diaper Drive” through Sept. 30 to further its diaper bank program started in May, and will support local families and organizations that provide diapers to those in need. Donations are accepted from 8 a.m. to 4 p.m. at 304 Putnam St. Cammie Loane, registrar and financial […]
'I didn't realise probably how good he was'
James Garner joined Everton for an initial fee of only £9m from Manchester United in 2022, having spent the previous season on loan helping Nottingham Forest get promoted to the Premier League. The academy graduate did not make a Premier League start for United. After taking two seasons to settle at Everton under Frank Lampard and then Sean Dyche amid a backdrop of financial problems and points deductions, the 2025-26 campaign proved to be a watershed moment.
Nick Woltemade is set for his first Juventus start
Nick Woltemade has made two appearances for Juventus since joining them on loan from Newcastle United, and the German is now set to make his first start of the season for the Bianconeri.Juventus belie...
EU membership bid gives boost to Moldova’s fledgling R&D landscape
Moldova’s push to join the EU is having the spillover effect of helping to improve the country’s R&D landscape, which in recent years has suffered from fragmentation, decreasing personnel and a lack of research infrastructure.The country became an EU candidate country in 2022, alongside Ukraine, and officially began accession negotiations in 2024. With a pro-EU government, Moldova has been actively carrying out reforms to align with EU standards. This has helped accelerate the development of R&D, said Igor Chiosa, acting head of the Research and Innovation Policy Directorate at Moldova’s Ministry of Education and Research. “Our R&D landscape is moving up, and we are more and more involved in the European Research Area,” he said. “The support we receive from the EU is very important, not only financially, but also because of incentives, consultation and capacity building.”The R&D landscape in the former Soviet republic is still relatively underdeveloped, despite attempts at improvement going back to a 2004 law on science and innovation and later reforms in 2017 and 2018. But the system remains in a “precarious situation” and “in the process of contraction,” according to an assessment carried out by the government for the current National Programme for Research and Innovation, which runs from 2024 to 2027. The analysis highlights in particular the declining number of researchers and PhDs, which has been continuously falling, as well as limited research funding. This is around 10 times lower than the EU average and “insufficient to maintain a level of research activity that supports higher education and meets the needs of the economy.” The mechanisms for allocating research funds are also described as inefficient, as well as the general fragmentation of the landscape, with research and innovation activities being carried out in 67 different places. The lack of strategic vision for research infrastructure is also noted. The strategy sets out to address these issues and is being fuelled by reforms linked to EU accession. Moldova now has a regulation on open science and gender equality. There is also a new support mechanism for technology transfer offices and a business-academia roadmap. In 2025, the country also became the first Eastern Partnership country to approve a Smart Specialisation strategy, which will coordinate its R&D efforts to focus on strengths, within a European context. “We’ve done a lot in terms of normative acts,” Chiosa said. Horizon Europe successMoldova is also seeing more success in the EU’s flagship R&D programme, Horizon Europe. The country has now won nearly €15 million in funding, already double the amount won under the previous programme, Horizon 2020, and more than the €10 million target set by the government. Chiosa said the priority has shifted now to winning more research-centred projects, rather than those related to support and capacity. Moldova is also targeting further involvement in large European projects. Last year, it joined the EuroHPC Joint Undertaking giving Moldovans access to Europe's supercomputing network. The country is also a member of Danubius-RI, a European research infrastructure focused on river and sea research. Despite these efforts, Moldova’s research capacity is still shackled by its limited R&D budget, which equates to 0.23% of its GDP. This is around half of what its neighbour Romania spends, which is the lowest in the EU. According to Chiosa, the research budget is increasing year-on-year, jumping by €6.34 million between 2024 and 2025. But this doesn’t show up when looking at it as a proportion of GDP. “Of course, it’s difficult,” he said. “That is why we are putting more emphasis on collaboration between business and academia, as well as participation in Horizon Europe, to try to diversify our sources of funding.”A World Bank loan of €30 million, plus a grant of €7.8 million, was agreed in 2025 to support the modernisation of Moldova’s universities. As part of this, a call was launched this year to provide universities grants of up to €900,000 to develop their research infrastructure. Moldova is also collaborating closely with Romania, with which it shares a common language, funding 100 joint projects in 2023 and 2024. This support has been instrumental. “They are helping with sharing their expertise, inviting us into consortia, and lots more,” Chiosa said. Looking forward, Moldova is eagerly anticipating joining the EU. “We are looking closely at what the EU is doing and will shape our future national programme in research innovation accordingly.”EU accession “blocked at a technical level”Moldova is aiming to join the EU by 2028, but despite its swift and eager efforts to meet the accession criteria, there remain obstacles outside of the country’s control. For a country to join the EU, it must have certain legislation in place and meet specific standards in various areas. This is categorised into six thematic clusters containing 33 chapters. Moldova and the EU have so far opened two of the clusters, numbers one and six. The first covers fundamental laws, such as the judiciary, security and financial legislation. The sixth covers external relations. The remaining four clusters are still unopened. This includes the third cluster, on competitiveness and growth, which contains the chapter on science and research.Related articlesQ&A: Albania’s ambition to become a ‘moderate innovator’Data corner: Horizon success rates are droppingThe European Commission has confirmed that these clusters are ready to be opened, with an official saying that the Commission is encouraging EU governments, who have the final say, to move forward on the matter. However, both clusters two and three remain blocked by the EU Council’s working party on enlargement and countries negotiating accession to the EU, a different official, representing the Council, confirmed.This working party is set to meet several times in the coming weeks, with a Council meeting scheduled for mid-October in which enlargement, and Moldova’s bid, will be discussed. But there is no certainty that these talks will lead to progress. According to the Council source, it is “completely impossible to foresee if and when the file will be unblocked,” citing the sensitivity of the matter. Moldova’s situation is particularly complicated. One factor is that it borders Ukraine and is increasingly embroiled in Russia’s war, with drone incursions occurring more often on its territory. Another is Transnistria, a Russian-backed breakaway state that lies within the territory of Moldova. It is unclear how the EU would be able to accept Moldova into the bloc while this situation remains unchanged. While there is no direct reason to delay opening cluster three with Moldova, as it covers matters unrelated to security, it could be that the EU is reluctant to speed through accession negotiations without first resolving broader, geopolitical issues.Chiosa is confident that, if and when the chapter on science and research is opened, Moldova will be able to finalise it quickly. It doesn’t require any legislative changes and is only a matter of proving certain standards, which Chiosa believes Moldova is well prepared to do. “We hope that chapter 25 on science and research will be one of the first chapters opened and closed,” he said.
Two nations fighting for commitment for Juventus sensation
Adin Licina is enjoying a brilliant season on loan at Cremonese, and his performances have now attracted interest from two nations competing for his international allegiance. The youngster is also hop...
Haverkamp Group breaks ground on 387-unit residential community in Ankeny
Ames-based Haverkamp Group recently celebrated the groundbreaking of the Sloane, a new 387-unit residential community in north Ankeny. The Sloane, located on about 28 acres near the southwest corner of Northeast Delaware Avenue and Northeast 70th Street, will feature apartments, stacked flats and townhomes. The development will also include a clubhouse, swimming pool and other…
Juventus wants January loan move for Arsenal man
Juventus have plans to bolster their squad in the January transfer window, and one of the players they currently have on their radar is Noni Madueke.The Arsenal star has struggled for game time since ...
Reist Popcorn Co. growing its longtime home in Mount Joy Borough
Reist Popcorn Co. is adding popcorn storage tanks on land it recently acquired next to its downtown Mount Joy headquarters, with help from $1.1 million in low-interest state loans.
2 Morgantown business owners involved in COVID-19 loan fraud
Two Morgantown business owners were investigated in a surge takedown exceeding $245 million in a pandemic loan relief fraud.
Ranking Members Markey, Velázquez, American Small Businesses Fight Back Against Trump SBA’s Discriminatory Anti-Immigrant Lending Policies
More than 120 small businesses and organizations pen letter of support for Ranking Member Markey’s resolution striking down Trump’s ban on awarding SBA loans to green card holders Letter (PDF) (Washington, September 15) – Ranking Member Edward J. Markey (D-Mass.) today garnered additional support from Main Street small businesses for his Congressional Review Act (CRA) resolution to rescind the Trump administration’s discriminatory policy that bans green card holders from accessing essential Small Business Administration (SBA) loans. In a letter of support, more than 120 American small businesses and community organizations, led by Small Business Majority, applauded Ranking Member Markey’s efforts to overturn the Trump administration’s anti-immigrant lending ban and advocated for the passage of Ranking Member Markey’s CRA resolution in the Senate. House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) is leading the resolution in the House of Representatives. The Trump administration’s green card holder ban is the most recent escalation of SBA’s draconian citizenship restrictions that are killing jobs and putting the American Dream further out of reach for entrepreneurs. In Fiscal Year 2025, Trump’s SBA made an estimated $5.5 billion in loans to green card holders, which supported more than 80,000 jobs nationwide. “The Trump administration’s continued attacks on American small businesses and jobs are anti-American, they’re discriminatory, and they’re dragging down our communities and our economy. Thanks to partners like Small Business Majority, countless small businesses, and community organizations, we are fighting back and holding them accountable,” said Ranking Member Markey. “I will not stop fighting to rescind this hateful policy that attacks American entrepreneurs and prevents them from pursuing the American Dream.” “Small businesses and organizations across the country are sending a clear message that the Trump administration's discriminatory lending rules are bad for business,” said Ranking Member Velázquez. “I want to thank Small Business Majority for leading this effort and amplifying the voices of the entrepreneurs who create jobs and strengthen our local economies. As Ranking Member of the House Small Business Committee, I will keep pushing to stop these attacks on the American Dream and ensure that every eligible entrepreneur can access the capital they need to succeed.” In the letter, the small businesses write, “Congress must reaffirm its commitment to serving those who are rightfully and legally entitled to accessing key government guaranteed loan programs in pursuit of the American Dream. Restoring access to responsible, government-guaranteed loans for such a critical segment of our economy will allow thousands of small businesses to access the capital they require to grow and invest in American communities. If Congress does not act to protect access to the very ideals that our country was founded upon by rewarding those who adhere strictly to legal immigration pathways, local economies, communities and Main Street will pay the price.” Ranking Member Markey’s CRA resolution follows his introduction of the Investing in the American Dream Act alongside Ranking Member Velázquez earlier this year. The Investing in the American Dream Act would roll back the SBA’s draconian lending restrictions and restore previous SBA lending policies for immigrant entrepreneurs lawfully in the U.S., including green card holders, refugees, and asylees. More than 100 organizations have called for the passage of the legislation and more than 60 Massachusetts state legislators have raised concerns about the impact of the citizenship restrictions in their local communities. Ranking Member Markey is fighting for small business owners and immigrants that rely on SBA loans to start and run their businesses, create jobs, and contribute to their communities. In July, Ranking Member Markey and Ranking Member Velázquez introduced a bicameral resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential SBA loans to start and grow their businesses and invest in Main Streets nationwide. In May, Ranking Member Markey highlighted the significant contributions of immigrant entrepreneurs in Massachusetts and across the country and condemned the Trump administration’s repeated attacks on immigrant communities at a Small Business Committee hearing. MIRA’s Elizabeth Sweet, who participated in Ranking Member Markey’s listening session earlier in May, provided testimony at the hearing. Also in May, Ranking Member Markey hosted a listening session at the Urban College of Boston to hear directly from several Massachusetts immigrant small business owners, lenders, and chambers of commerce how President Trump’s cruel and callous anti-immigrant policies are hurting Main Streets in the Bay State. Earlier in May, Ranking Member Markey hosted a press conference alongside Ranking Member Velázquez, Democratic lawmakers, and stakeholders to condemn the Trump administration’s harmful anti-immigrant lending policies and to introduce the Investing in the American Dream Act. In March, Ranking Member Markey released a comprehensive report detailing the harms to small business owners, workers, and consumers caused by the Trump administration’s ICE raids in communities across the country. In February, Ranking Member Markey introduced the Small Business ICE Disruption Fund Act, which would provide grants to small businesses that have been impacted by the Trump administration’s violent immigration enforcement actions on Main Streets across the United States. Earlier in February, Ranking Member Markey, Ranking Member Velázquez, Congressional Black Caucus Chair Yvette Clarke (D-N.Y.), Congressional Hispanic Caucus Chair Adriano Espaillat (D-N.Y.), and Congressional Asian Pacific American Caucus Chair Grace Meng (D-N.Y.) sent a letter urging the SBA to rescind their lending rule change that bars legal permanent residents from receiving SBA loans. Previously, Ranking Members Markey and Velázquez released a statement condemning the actions of the SBA after it announced that small businesses with legal permanent residents will be barred from receiving SBA loans. In December 2025, Ranking Member Markey and all Democratic members of the Senate Small Business Committee sent a letter to the SBA reiterating concerns with the SBA’s citizenship requirements and highlighting a drop in SBA lending volume. In September 2025, Ranking Member Markey heard directly from SBA lenders about the issues with the citizenship verification requirements. In July 2025, Ranking Members Markey and Velázquez sent a letter to the SBA expressing serious concerns with the agency’s new, draconian citizenship verification requirements that require small businesses seeking SBA loans to be 100% owned by U.S. citizens, nationals, and legal permanent residents. ###
SBA approves 31 Iowa small business loans in August
Three businesses across the Quad Cities region are among 31 Iowa small businesses approved for loans last month by the U.S. Small Business Administration (SBA). In its monthly report, the SBA announced it backed 31 loans totaling $21,807,400 in August from participating lenders using its two largest lending programs. The QC area businesses and loan […]
2 Morgantown business owners appear in court in $245M nationwide COVID loan fraud sweep
Two Morgantown business owners have been sentenced or entered guilty pleas in federal court for defrauding pandemic-era relief programs as part of a nationwide enforcement sweep totaling over $245 million in intended losses.
Southend sign West Ham right-back Battrum on loan
Southend United sign West Ham United right-back Ryan Battrum on a month's loan.
Marietta/Belpre Health Department hosting ‘Diaper Drive’ to support families
MARIETTA – The Marietta/Belpre Health Department is hosting a “Diaper Drive” through Sept. 30 to further its diaper bank program started in May, and will support local families and organizations that provide diapers to those in need. Donations are accepted from 8 a.m. to 4 p.m. at 304 Putnam St. Cammie Loane, registrar and financial […]
Wisconsin Pizza Shop Owner Lost $9,000 in a Fake Loan Scam. Now He's Fighting to Keep His Business Open
A Wisconsin pizza shop owner says a small-business loan scam cost him $9,000 and has left him fighting to keep the business he spent years ... Read More
Portland business owner sued for fraud after taking $348K in COVID relief loans
PORTLAND, Ore. (KOIN) — A Portland business owner is being sued by the U.S. government for allegedly misusing COVID relief funds. Ramzy Hattar is accused of collecting money from multiple Small Bus…
Trump administration begins fraud crackdown on COVID-era small-business loans
Starting Tuesday, the Small Business Administration inspector general will send demand letters to those suspected of defrauding the SBA
Trump administration begins fraud crackdown on COVID-era small-business loans
Starting Tuesday, the Small Business Administration inspector general will send demand letters to those suspected of defrauding the SBA
Please Stop Conflating Sports Betting Handle With Spending On Entertainment
Editor’s note: The Cashout for paid subscribers will publish on Tuesday. Every September there’s a huge uptick in how much people bet on sports with the start of football season. Which means it’s time to get ahead of a ridiculous narrative before it picks up steam on social media or in mainstream media. Subscribe Every few months I see some version of this: [ Charlie Bilello@charliebilello Americans bet over $165 billion on sports last year, which is more than they spent on movies, books, concerts and sports tickets - combined. 1:00 PM · Jun 28, 2026 · 4.1M Views 258 Replies · 674 Reposts · 4.23K Likes ](https://x.com/charliebilello/status/2071217050328895935?s=20) Fortune published this in July. The headline and start of the story tell the same narrative (emphasis added): Gambling becomes America’s favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined: The North American box office totaled $8.87 billion in 2025, which is still 22% below pre-pandemic levels. Recorded music revenue hit a record $11.5 billion. Live music like concerts and festivals brought in $18.51 billion. Meanwhile, book publishers tracked by the Association of American Publishers reported $14.6 billion for the year. And the U.S. museum industry generated an estimated $16.4 billion. Add it up and the total comes to roughly $70 billion, which is less than half what Americans wagered on sports. The story, to its credit, goes on to tell us why sports betting is entirely different, although people who only read headlines will miss that nuance. (The tweet above definitely skips over the nuance.) I will mostly be preaching to the choir here, but it’s worth saying out loud: Wagering money on sports is not the same thing as spending on entertainment from a financial perspective. When you spend money on a movie or concert ticket, that money is gone. You exchanged money for an experience. It’s a good trade! I get to have fun for “x” dollars. (Unless the movie sucks, I guess.) When you bet money on sports, the money is not necessarily gone every time you wager it. It could be gone, but sometimes it’s not and you actually get more money back! That’s not “spending” money or something you should try to compare directly to entertainment spend. A far better comp would be how much people lose at sports betting. That number was more like $17 billion in the US last year, at least for state-regulated sportsbooks. Why are we trying to equate handle and entertainment spending? I dunno. It makes for splashy headlines, I guess. Now, people should be betting for entertainment, and not because they expect to win in the long term; no doubt about it. Anyway, here’s hoping I don’t see people saying Americans “spent” hundreds of millions of dollars on sports betting this fall. Mindway AI and DraftKings Expand Responsible Gaming Drive with Launch of Gamalyze American Football In time for the NFL kickoff, Mindway AI has expanded its partnership with DraftKings to launch Gamalyze American Football the second title in the neuroscience-based Gamalyze Sports collection. Following the success of Gamalyze Football (soccer) during the FIFA World Cup, this gridiron-themed update replaces static questionnaires with immersive, stadium-inspired gameplay. Backed by 10+ years of Aarhus University research, Gamalyze evaluates real-time decision-making to deliver instant, unbiased player risk assessments. Integrated into DraftKings’ platform and nationwide activations, it engages fans when excitement peaks. Ready to upgrade your player protection? Contact Mindway AI to try Gamalyze Sports today. Gambling news roundup 🚨The important stuff 1st NFL Sunday of Season ‘Champagne-Popping Day for Bettors’ (Covers): “The first NFL Sunday of the season was a champagne-popping day for bettors, while the book was left cleaning up the corks,” Caesars’ head of football Joey Feazel said prior to the Sunday night game. “Caesars Sportsbook reported that Detroit’s Jahmyr Gibbs, Baltimore’s Derrick Henry, Indianapolis’ Jonathan Taylor, and Atlanta’s Bijan Robinson were among the top five most-bet players to reach the end zone, and all of them cashed tickets.” [ Ben Fawkes@BFawkes22 A @CaesarsSports oddsmaker on how Week 1 has gone so far: “The first NFL Sunday of the season was a champagne-popping day for bettors, while the book was left cleaning up the corks.” ➡️8 of 10 most popular anytime TD scorers cashed 1:31 AM · Sep 14, 2026 · 276K Views 16 Replies · 16 Reposts · 615 Likes ](https://x.com/BFawkes22/status/2099310001927995849?s=20) 🔍 Are we already getting a “customer-friendly results” narrative in Week 1? NFL Commissioner Roger Goodell spoke with CNBC about the prediction markets industry: “We think that there needs to be stronger regulations into the predictive markets,” Goodell said. “We want to see that to protect the integrity of our game. We want to make sure we’re protecting the consumers that are on those platforms for the NFL. So, we’re continuing to have conversations with them and talk to them about the things that we think they need to do to strengthen that so that they could be potential partners at some point in the future.” More on the NFL + PMs: [ Straight to the Point Quid Pro Quo The NFL has asked Kalshi and other prediction markets to remove certain easy to manipulate markets. Does a potential partnership hang in the balance… Read more 6 hours ago · 19 likes · Steve Ruddock ](https://straighttothepoint.substack.com/p/quid-pro-quo?utm_source=substack&utm_campaign=post_embed&utm_medium=web&embedding_publication_id=1472492) Kalshi was on my podcast?: Kalshi was on my podcast [ The Event Horizon Episode 32: Talking Prediction Market Enforcement With Kalshi’s Robert DeNault Kalshi? On my podcast? Yep… Listen now 5 hours ago · 6 likes · 1 comment · Dustin Gouker ](https://nexteventhorizon.substack.com/p/episode-32-talking-prediction-market-enforcement-kalshi?utm_source=substack&utm_campaign=post_embed&utm_medium=web&embedding_publication_id=1472492) DraftKings Enhances Responsible Engagement Efforts With New Customer Initiatives, Tools and Education (press release): DraftKings Inc. today announced a series of new initiatives designed to promote responsible engagement and increase awareness and use of the tools and resources to help customers make informed decisions and engage responsibly. The efforts include a new digital advertising campaign featuring Kevin Hart and Nick Jonas that promotes responsible engagement, a PGA TOUR sweepstakes that promotes customer engagement with responsible engagement features, the launch of Gamalyze American Football in collaboration with Mindway AI, and new custom cool-off options that give customers enhanced flexibility when choosing a cool-off period. The initiatives build on DraftKings’ commitment to making responsible engagement an integral part of the customer experience and providing players with accessible tools and resources that help them make informed choices about their gaming experience. “At DraftKings, responsible engagement is embedded in how we operate and is essential to building trust with our customers and our long-term sustainability,” said Lori Kalani, Chief Responsible Gaming Officer at DraftKings. “We’ve continued to invest in tools and resources that give customers enhanced access to information about their play and more choices for managing how they engage. From My Budget Builder and My Stat Sheet to player-set limits and new custom cool-offs, we’re continuing to evolve our approach while promoting awareness and use of the tools and resources available to help customers play responsibly.” … DraftKings is launching a new digital advertising campaign featuring Kevin Hart and Nick Jonas that continues the pair’s road trip and promotes responsible engagement and awareness of the tools and resources available to help customers make informed choices about their gaming experience and engage responsibly. The campaign was initially launched on Sep. 10th and will reach customers through digital channels, bringing responsible engagement messaging to fans in an engaging way. bet365 Launches “The Matchup,” a New Weekly Video Podcast Hosted by Super Bowl Champions Chris Harris Jr. and Emmanuel Sanders (press release): "bet365, a global leader in online sports betting and gaming, today announced the launch of “The Matchup,” a new weekly video podcast hosted by former Super Bowl Champions Chris Harris Jr. and Emmanuel Sanders. Featuring current and former NFL players, the original series marks a significant, intentional investment in football as bet365 works to become a go-to destination for U.S. bettors throughout the season. “The Matchup” premieres September 10, with new episodes released weekly in both video and audio formats. Full episodes will be available on YouTube, Apple Podcasts, Spotify and wherever podcasts are available, with clips and additional content rolling out across YouTube, X, Instagram, Facebook, Threads, and TikTok. The show is being produced by Last Row Digital Media. Each week, Harris and Sanders will be joined by guests from across the game to break down the biggest NFL matchups, unpack the latest league news and share perspectives that go beyond the box score. By bringing together two former players with distinct perspectives and firsthand experience, “The Matchup” will give audiences timely context and a deeper understanding of the teams, players and storylines shaping the week ahead. “Every great football conversation starts with a matchup—who has the edge, what everyone is overlooking and what could change the game,” said Chris Harris Jr. “Emmanuel and I have experienced the game from different perspectives, and we want the audience to feel like they are part of the conversation and leave every episode knowing more about the week ahead.” Today’s iGaming companies face new litigation threats as expansive consumer protection statutes spark lawsuits with sky’s-the-limit aspirations, sometimes backed by private funders. Clients of Ifrah Law have a staunch defender in Robert Ward – an agile litigator and case tactician who responds to the changing state of play with creative legal defenses and efficient case-closing strategies. Robert draws on federal clerkship experience and appellate defense work to advise iGaming clients on litigation exposure, white-collar risk, and regulatory defense across multiple jurisdictions. Read More: Robert Ward on Helping iGaming Clients Outmaneuver Lawsuit-Obsessed Adversaries 🔮 Prediction markets Update on legal action in Connecticut: [ Daniel Wallach@WALLACHLEGAL Connecticut says gaming service license holders which received subpoenas over sports prediction markets “are not under investigation” by the @CTDCP but may possess information that could assist the state “in evaluating the conduct of prediction market platforms.” 2:31 PM · Sep 13, 2026 · 844 Views 5 Likes ](https://x.com/WALLACHLEGAL/status/2099143914271670576?s=20) American Gaming Association Opposes CFTC Bid to Block New York Prediction-Market Enforcement (DeFi Rate): “The brief points to the Ninth Circuit’s Aug. 28 decision in KalshiEX LLC v. Assad, which the AGA says supports New York’s authority to regulate sports contracts as gambling. It also cites Kalshi advertising, product comparisons and reporting on Kalshi’s sports volume to argue that the economic product resembles a sportsbook wager more than a conventional financial hedge.” [ Daniel Wallach@WALLACHLEGAL AGA intervenes in CFTC v. NY case to oppose CFTC request for preliminary injunction, says the CFTC’s arguments “obfuscate a simple truth: prediction markets offer sports betting.” Highlights CA9 decision, @DustinGouker (6x), and $1.32 billion in OSB taxes for NY (0 from PMs). Daniel Wallach @WALLACHLEGAL High stakes hearing on Monday in CFTC v. New York State. If SDNY judge Lorna Schofield denies the CFTC’s motion for preliminary injunction, the New York AG would have a clearer path for securing a state court geofencing order against Kalshi, Coinbase, and Gemini Titan. 2:08 AM · Sep 13, 2026 · 4.78K Views 1 Reply · 2 Reposts · 8 Likes ](https://x.com/WALLACHLEGAL/status/2098957043474280584?s=20) Gaming Commission remains member of gambling council after questions raised over ties to Kalshi (Mass Live): “The Massachusetts Gaming Commission will not follow the leads of gaming regulators in Ohio and Michigan and drop ties with the National Council on Problem Gambling over its new association with Kalshi.” Sponsor’s messageTrusted Voices: Conversations About Betting is designed to equip adults, including parents and coaches, with tools and resources to talk to young people about gambling, including information on warning signs, risks and proxy betting. The program is led by retired professional basketball player Randy Livingston and his wife, basketball agent Anita Smith, who share their personal stories related to problem gambling, with the hope of preventing others from experiencing similar harms. Learn more and join the conversation here. 📣 Industry news Gaming M&A: Latest Mergers, Acquisitions and Deals (SBC Americas): “But what else is happening in the world of gaming mergers, acquisitions, investments, and partnerships? Here, we round up some of the news you might have missed.” BetMGM Named Official Sports Betting and Online Casino Partner of the Minnesota Vikings in Canada (press release): BetMGM, a leading iGaming and sports betting operator, announced a multi-year partnership with the Minnesota Vikings, naming it the Official Sports Betting Partner and Online Casino Partner of the team in Canada. The agreement gives BetMGM rights to use Vikings marks across approved sports betting, online casino and marketing activities in Canada. In addition, Vikings Big Kick LuckyTap™, a casino game by Design Works Gaming, is available now exclusively at BetMGM Casino in Alberta and Ontario. “Vikings fans bring a level of passion and loyalty that extends well beyond game day,” said Matt Prevost, Chief Revenue Officer at BetMGM. “As the home of one of the largest collections of sports-themed casino content in North America, BetMGM is uniquely positioned to combine sports fandom with iGaming. We are eager to start football season off strong with another fantastic partnership especially as we expand our reach in Canada to Alberta.” Martin Nance, Minnesota Vikings Chief Marketing Officer, said, “As we continue to deepen our connection with Vikings fans across Canada, we’re proud to welcome BetMGM as the team’s official sports betting and online casino partner in Canada. Their commitment to innovation and fan engagement aligns well with our organization, and we’re excited to create memorable experiences that celebrate Vikings football and connect with Canadian fans in new and meaningful ways.” Caesars Entertainment Launches Ball Rush Jackpots™ in New Jersey,the Latest Proprietary Online Title from Empire Creative™ (press release): Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the launch of Ball Rush Jackpots™, a new ball-and-peg style online casino game developed by Empire Creative™, the Company’s in-house game development studio. Now live in New Jersey across Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino, Ball Rush Jackpots is expected to become available in additional jurisdictions where Caesars offers online casino gaming following regulatory approval. The title expands Caesars’ growing portfolio of proprietary online casino titles, following the successful launch of Ca$hline™ earlier this year and further diversifying the Company’s lineup beyond traditional slots and table games. Ball Rush Jackpots follows the traditional ball-drop gameplay experience where players drop a ball down a board filled with pegs to land in a prize slot. As balls navigate independently through a field of pegs, every drop creates new opportunities to collect feature symbols, unlock bonuses and pursue jackpots, delivering a different experience with every round. “Ball Rush Jackpots delivers a different kind of casino experience for our players, combining easy-to-understand gameplay with meaningful customization, exciting bonus opportunities and jackpot potential,” said Matthew Sunderland, Senior Vice President and Chief iGaming Officer at Caesars Digital. “As we continue expanding our proprietary content portfolio, we’re focused on creating games that are simple to pick up, rewarding to revisit and designed around the features players enjoy most.” Bally’s Corporation Secures New Financing to Support the Development of the Bally’s Bronx Project (press release): Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) announced today that it secured new financing led by WhiteHawk Capital Partners, LP to fund further development of the Bally’s Bronx project and general corporate purposes. The new financing comprises closing date term loan commitments in an aggregate principal amount of $400 million and delayed draw term loan commitments in an aggregate principal amount of $160 million (together, the “Facilities”). … Bally’s Chairman of the Board, Soo Kim, commented, “This important financing allows us to progress the pre-construction planning process so that we are ready to complete the remainder of the capital raise and remain on schedule. Furthermore, the additional liquidity provides us greater flexibility for other capital opportunities.” WORLD JAI ALAI LEAGUE LAUNCHES CENTENNIAL SEASON AND ENTERS NEXT CHAPTER IN MIAMI (press release): The World Jai Alai League will open its 2026 fall season on Tuesday, September 15 at Miami’s JAM Arena, beginning a milestone season that marks 100 years since professional Jai Alai first arrived in Miami. Season X, the tenth season of the Battle Court team-based competition launched in 2022, will also be the first since entrepreneur and sports asset investor Rob Gough acquired the World Jai Alai League in August 2026. The acquisition marks the beginning of a new chapter for the league. World Jai Alai League will maintain the existing Battle Court competition and operating format, with Chief Operating Officer Scott Savin overseeing Season X. Gough and his team will use the coming months to listen to players and fans, evaluate opportunities across the league, and execute plans for a broader evolution of Jai Alai’s presentation, live experience, media, marketing and commercial strategy beginning in 2027. “This is a really unique moment for Jai Alai,” said Rob Gough, Owner of the World Jai Alai League. “We have a sport with more than 100 years of history in Miami, extraordinary athletes and incredible speed, but I also believe there is enormous untapped potential.” bet365 reveals most popular online slots in 3 US states in August (SBC Americas): “In its monthly Gaming Insights and Performance report, growing online casino operator bet365 tracks player trends and game performance in online slots across its North American online casino markets.” The Closing Line is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
Why Fear of Unchecked AI Belongs in Product Architecture
Years ago, sitting on-site with data science teams at large institutions, I kept watching the same scene play out. A model, sometimes a sophisticated one, sometimes a logistic regression somebody trained in an afternoon, would get promoted into a decision that mattered. Whether a small business got a loan. Whether a case got flagged. Decisions […]
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Marlins Come Back to Take Down Dodgers
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On-loan Real Madrid star breaks Lionel Messi record
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Bueno departs Wolves to join Club America on loan
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Official: Darmstadt capture Mainz midfielder Marco Richter
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SepticSmart Week features free webinar promoting septic maintenance, public health, water conservation and more
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Karlsson joins Servette FC
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Stark contrast with McLeish shows Robinson's Dons identity crisis
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Official | Auxerre loan Francisco Sierralta to Gliwice
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Richarlison Accepts Vasco Offer but Tottenham Loan Limit Blocks Move
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Analysis: Depleted Toffees show their fight
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