Politics + Public Policy | Minnesota’s Divided Legislature Stakes Out its Positions Because the DFL-controlled House and GOP-controlled Senate take such different approaches to issues, and because these initial budgets are hundreds of millions of dollars apart, these are starting positions, stage-setters for future negotiations. MinnPost photo by Peter Callaghan
Minnesota’s Divided Legislature Stakes Out its Positions The march of the omnibus budget bills shows how far apart the GOP-controlled Senate and the DFL-controlled House really are.
It can sometimes seem like lawmakers in St. Paul do things just to remind people that Minnesota is the only state in America with a divided legislature.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CIB Marine Bancshares, Inc. Announces First Quarter 2021 Results
CIBM BankApril 12, 2021 GMT
BROOKFIELD, Wis., April 12, 2021 (GLOBE NEWSWIRE) CIB Marine Bancshares, Inc. (the “Company” or “CIBM”) (OTCQB: CIBH), the holding company of CIBM Bank, announced its unaudited results of operations and financial condition for the first quarter of 2021.
Net income for the quarter ended March 31, 2021, was $2.1 million or $1.67 basic and $0.97 diluted earnings per share, compared to $0.8 million or $0.63 basic and $0.36 diluted earnings per share for the same period of 2020.
Financial highlights for the quarter include:
Mark Pestronk
Q: Has the deadline for applying for Paycheck Protection Plan (PPP) loans been extended? I never applied for a PPP loan during the first round last year. Is it too late for a first-round loan? I operate as an independent contractor who is a sole proprietor, and I file a Schedule C as part of my federal tax return. The net income (bottom line of my Schedule C) will be a negative number for 2020. Can I still get a PPP loan?
A: In my March 15 column, Timing is the key to getting a second PPP loan, I wrote the deadline for filing a complete PPP application is still March 31. However, at the end of March, Congress passed, and the president signed, a law extending the deadline until May 31.
Business owners discuss revenue loss, rising healthcare costs and changes that will outlast the pandemic. //end headline wrapper ?>Get a daily rundown of the top stories on Urban Milwaukee
The Fiserv Forum was supposed to be the site of the 2020 Democratic National Convention. Photo by Angela Major/WPR.
Leaders of Wisconsin businesses in hard-hit sectors say the millions in federal aid set to be distributed is a chance to help them recover from the COVID-19 pandemic’s effects and make lasting changes in their industries.
Restaurant and hospitality business owners spoke Wednesday at a virtual listening session convened by the Wisconsin Economic Development Corp. The session included businesses from urban and rural parts of the state, who discussed how funds from the $1.9 trillion coronavirus relief package can help them in the short term and set up Wisconsin businesses for success after the pandemic.
Porch completes $100M Homeowners of America acquisition, doubling down on insurance market
April 6, 2021 at 7:18 am
Matt Ehrlichman, Porch founder and CEO. (Porch Group Photo)
Based in Irving, Texas, Homeowners of America operates in six states but is licensed to operate in 31 states. Porch says it will use the acquisition to build its national footprint in the home insurance market.
“The plan is to expand very, very aggressively across the vast majority of states,” said Matt Ehrlichman, the Porch founder and CEO, in an interview this week. At the same time, he acknowledged that it won’t happen overnight, saying that it will take the “better part of a year to make a meaningful dent” in the overall Homeowners of America expansion plans.