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Fed sparks irrational market optimism on possible rate cuts: Sheila Bair

Sheila Bair, known for leading the FDIC during the 2008 financial crisis, warns that the inflation fight is far from over.

Sheila-bair , Jerome-powell , Federal-reserve , Federal-reserve-chair-jerome-powell , S-ampp-500-index , Financial-industry-regulation , Small-business , Personal-debt , Credit-cards , Deflation , Regional-banking , Federal-reserve-system

Trump social media firm subpoened by feds, stock regulators

Donald Trump’s social media company and some of its employees received subpoenas from a federal grand jury in New York and securities regulators

New-york , United-states , Manhattan , Donald-trump , Exchange-commission , Youtube , Digital-world-acquisition-corp , Trump-media-technology-group , Twitter , Facebook , Manhattan-us-attorney-office , Technology-group

US day trading is easing as investors "go for other things"

The bargaining boom it took in the Wall Street storm in early 2021 has cooled dramatically as U.S. authorities lift the social barrier and allow amateur investors to spend more time away from home.
An army of merchants equipped with free commercial applications driven When “meme” stocks reached high levels in the first few months of this year, such a strong move prompted a congressional investigation into key market issues such as trade liquidation and the links between brokers and market makers.
But as large parts of the U.S. economy begin to reopen, the hunger for the same kind of lively trading that caused volatility in many stocks in January and February began to fade.

Brian-nick-nuveen , Steve-sosnick , Randy-frederick , Piper-sandler , Steve-cohen , Katie-koch , Goldman-sachs , Nasdaq , Financial-industry-regulation-authority , Gamestop , Charles-schwab , Wall-street

Equinox Gold Sells Pilar Gold Mine

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Equinox Gold Sells Pilar Gold Mine
April 19, 2021 GMT
All dollar amounts are expressed in US$
VANCOUVER, BC, April 19, 2021 /PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce that the Company has sold its Pilar Gold Mine in Brazil to Pilar Gold Inc. for aggregate consideration of:
$38 million in cash, payable as follows:
$10.5 million on closing, which has been received;
$10 million payable on or before May 31, 2021; and
$17.5 million payable on or before July 31, 2021.
A 9.9% equity interest in Pilar Gold Inc.; and a

Mexico , United-states , Canada , Brazil , Vancouver , British-columbia , American , Canadian , Jeremy-gray , Christian-milau , While-the-company , Brazil-to-pilar-gold-inc

UNITE HERE Local 11 Asks Federal Agency to Ensure Chateau Marmont Complies with Loan Law

Press release content from Business Wire. The AP news staff was not involved in its creation.
UNITE HERE Local 11 Asks Federal Agency to Ensure Chateau Marmont Complies with Loan Law
April 17, 2021 GMT
LOS ANGELES--(BUSINESS WIRE)--Apr 17, 2021--
Former Chateau Marmont workers asked the U.S. Small Business Administration (“SBA”) to ensure that Chateau Marmont comply with Paycheck Protection Program (PPP) loan requirements.
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According to public records, the hotel was approved for a $1.95 million PPP loan on February 5, 2021, and as of April 13 the loan had been disbursed but not paid in full or charged off, according to the SBA. While the PPP program was intended to keep workers on payroll, only a small fraction of laid-off Chateau workers have been returned to their jobs.

California , United-states , Arizona , Hollywood-playground , Lena-headey , Thomas-sadoski , Alison-pill , Edie-falco , Constance-zimmer , Tom-morello , Nikki-bilderback , Alfonso-cuar

Healthcare Regulatory Partner Xavier Baker Joins Sheppard Mullin In Washington, D.C.

Press release content from Business Wire. The AP news staff was not involved in its creation.
Healthcare Regulatory Partner Xavier Baker Joins Sheppard Mullin In Washington, D.C.
April 14, 2021 GMT
WASHINGTON--(BUSINESS WIRE)--Apr 14, 2021--
Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that A. Xavier Baker has joined the firm’s Healthcare Industry Team as a partner in the Washington, D.C. office. Baker joins from Crowell & Moring LLP.
“Our many industry-leading healthcare clients will benefit almost immediately from Xavier’s extensive capabilities to navigate through the complex emerging issues of mental health parity and to respond effectively to federally mandated parity audits,” said Sheppard Mullin managing partner MaryJeanette Dee. “His intimate understanding of the complicated regulatory world in which health plans and other industry players operate and his practical approach to advising healthcare clients on their compliance obligations make him an ideal fit for our firm.”

United-states , Washington , American , A-xavier-baker , Sheppard-mullin , Maryjeanette-dee , Erica-klein , Health-benefits-program , Health-care-industry-team , Richter-hampton , American-bar-association-health-law-section , American-health-lawyers-association

Zomedica to Build Direct Sales Force for TRUFORMA® Platform

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Zomedica to Build Direct Sales Force for TRUFORMA® Platform
Zomedica Corp.April 15, 2021 GMT
ANN ARBOR, Mich., April 15, 2021 (GLOBE NEWSWIRE) -- Zomedica Corp. (NYSE American: ZOM) (“Zomedica” or the “Company”), a veterinary health company creating point-of-care diagnostics products for dogs and cats, announced that it intends to expand its direct sales organization while phasing out its distributor-based sales efforts.
Robert Cohen, Chief Executive Officer of Zomedica, commented: “As TRUFORMA®’s market presence grew, we intended to transition from a distributor-based sales model to a direct sales organization. However, due to anticipated changes at our current distributor that we believe have impacted its ability to market our products effectively, we will be accelerating that transition and the building of a direct sales organization. While this effort may slow initial sales of TRUFORMA®, we have taken this action now to avoid any disruption to our customers and to provide a stronger foundation on which to build the marketing and sales of both TRUFORMA® and any future products developed or acquired by Zomedica.”

Ann-arbor , Michigan , United-states , American , Robert-cohen , Zomedica-corp , Chief-executive-officer , Vice-president , Chief-commercial , Chief-commercial-officer , Relations-contact , Business

Fabled Increases Drill Program to 9,200 meters and Adds Second Drill

Press release content from Accesswire. The AP news staff was not involved in its creation.
Fabled Increases Drill Program to 9,200 meters and Adds Second Drill
April 15, 2021 GMT
VANCOUVER, BC / ACCESSWIRE / April 15, 2021 / Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV:FCO)(OTCQB:FBSGF)(FSE:7NQ) is pleased to announce that it has increased the on-going 8,000 meter drill program to a minimum of 9,200 meters.at the “Santa Maria” Property in Parral, Mexico.
The extra 1,200 meter drill program has been awarded to Maza Drilling who is currently performing the surface drilling and has underground diamond drilling machines capable of drilling HQ size, (2.5 inches) drill core.

Mexico , United-states , Canada , Vancouver , British-columbia , Mexican , Canadian , Santa-maria , Peterj-hawley , National-instrument , Golden-minerals-company , Fabled-silver-gold-corp

The Law Offices of Frank R. Cruz Announces Investigation of Champignon Brands Inc. (SHRMF) on Behalf of Investors

Press release content from Business Wire. The AP news staff was not involved in its creation.
The Law Offices of Frank R. Cruz Announces Investigation of Champignon Brands Inc. (SHRMF) on Behalf of Investors
April 15, 2021 GMT
LOS ANGELES--(BUSINESS WIRE)--Apr 15, 2021--
The Law Offices of Frank R. Cruz announces an investigation of Champignon Brands Inc. (“Champignon” or the “Company”) (OTC: SHRMF ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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If you are a shareholder who suffered a loss, click here to participate.
On June 22, 2020, Champignon announced that the Company had “been selected for continuous disclosure review by the British Columbia Securities Commission (the “Commission”) and “in connection with the review, the Commission had issued a cease trade order suspending in the securities of the Company pending the filing of business acquisition reports.”

California , United-states , United-kingdom , British , Los-angeles , Frankr-cruz , Company-of-altmed-champignon , Twitter , Consultant-of-the-company , Champignon-brands-inc , British-columbia-securities-commission-the , Law-offices

Abu Dhabi Based LuLu Financial Holdings Appoints Former ADGM FSRA CEO Richard Teng to Its Board of Directors

Press release content from Business Wire. The AP news staff was not involved in its creation.
Abu Dhabi Based LuLu Financial Holdings Appoints Former ADGM FSRA CEO Richard Teng to Its Board of Directors
April 14, 2021 GMT
UAE-based
LuLu Financial Holdings – a holding company with investments in financial services and products spanning the GCC, Indian sub-continent, and APAC regions, has announced the appointment of Richard Teng, former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), as an Independent Director to its Board.
Richard Teng (Photo: AETOSWire)
The high-profile appointment of Mr. Richard Teng, who is credited with playing a significant role in putting Abu Dhabi on the global fintech & fin-services map, coincides with LuLu Financial Holding’s ongoing global diversification AND investment strategy in the financial services sector.

Malaysia , Philippines , United-states , India , Hong-kong , Abu-dhabi , Abuz-aby , United-arab-emirates , Singapore , Oman , Adeeb-ahamed , Ajit-johnson