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ECONOMICS

Nationwide Executive: Tax-free returns for litigation investors 'stack the odds against' small businesses

Russ Johnston, Nationwide’s President of Commercial Lines, said the benefits that third-party funders get from litigation proceeds "stack the odds against" small businesses when they don't win their case.
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SBA pauses new disaster loan offers pending additional congressional funding

The U.S. Small Business Administration (SBA) has announced the depletion of funds for its disaster loan program, following a surge in demand due to Hurricane Helene. As a result, the SBA will pause new loan offers until Congress allocates additional funds. Despite this pause, individuals and small businesses are encouraged to continue applying for loans. Congressional leaders have assured that more funding will be provided when Congress reconvenes in November.
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Managing Partner at Oriza FOFs: 'We have seen a resurgence of global investor interest and confidence in Chinese assets this year'

Qing Xu, Managing Partner at Oriza FOFs, said that emerging investment opportunities are present within China's evolving economic landscape. Despite global uncertainties, Xu emphasized the country's resilience and highlighted sectors like AI, healthcare, and sustainable development as key areas for future growth.
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BANKING & FINANCE

CEO of Arrow Global: 'You can invest in credit at higher rates and still sit at the top of the security waterfall'

Private credit is increasingly shaping the financial landscape, propelled by macroeconomic shifts, regulatory changes, and technological advancements. As interest rates remain high, private credit has become an attractive option for investors looking for higher returns and senior positions in security structures, especially compared to traditional equities.
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Waystone: Valuation model avoids obstacles and ensure ‘valuations are accurate and reflective of real market conditions’

Valuation in private equity and private credit remains a complex and contentious issue, with growing scrutiny from regulatory authorities who have identified areas where valuation methodologies need improvement to ensure accuracy and transparency. Austin Brady, a product lead at Waystone, said the firm’s practices in their valuation model include several steps to ensure “valuations are accurate and reflective of real market conditions.”
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Nerdy Nonprofit offers aid for Google grant seeking nonprofits

Nerdy Nonprofit offers assistance to organizations looking to benefit from the Google Ad Grants program.
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HEALTH CARE

Babylon Dental Care Associate Dentist Contreras: ‘I wanted a place where I could grow while staying true to patient care and service’

Jamie Contreras, a new Dental Associate at Babylon Dental Care, emphasized the importance of finding a workplace that aligns with her values for her career.
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Carmel Valley ENT: ‘My aim is to provide patients ... the opportunity for a better quality of life’

San Diego residents suffering from chronic sinus disease and nasal obstruction now have a specialized treatment option that emphasizes quick access and minimally invasive care. Dr. Paul Schalch Lepe, a leading otolaryngologist serving the area, has developed a patient-focused practice model that prioritizes fast appointments and effective, office-based treatments for sinus and upper airway issues.
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Northern Kentucky’s GO Pantry receives $50,000 donation from Amazon Air Hub

Amazon Air Hub associates delivered a $50,000 donation and helped to stock the Northern Kentucky pantry’s warehouse in an event on Sept. 24. Go Pantry In a volunteer event Sept. 24, according to a press release about the event.
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Shalabh Gupta, MD: The physician entrepreneur leading the charge in biotech innovation

Shalabh Gupta has always been a man of vision.
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RETAIL

Bork on report analyzing 'doomsday mergers': 'The doom and gloom predictions that seem to go hand-in-hand with reports of potential mergers have been overblown time and time again'

New reports by the International Center for Law and Economics show that many high-profile mergers have been highly criticized, saying they will do major harm to both competition and consumers.
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Sugar Grove Ace Hardware hosting Halloween pumpkin-painting contest Saturday, Oct. 29

Sugar Grove Ace Hardware will hold its ninth-annual pumpkin painting event on Saturday, Oct. 29.
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Central Illinois Ace Hardware-Havana to hold grand reopening event through Saturday

Central Illinois Ace Hardware-Havana will be hosting a grand reopening now through Saturday.
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