Pagewiz

ABC News | March 18, 2020

Luis Rivera and his family have run their neighborhood rotisserie chicken joint in downtown New York City for nearly five decades, staying open through everything from 9/11 to Superstorm Sandy, but he said he's never seen anything like the coronavirus pandemic. Rivera is among a handful of small business owners -- many of whom already operate on razor-thin margins -- who say they are entering times of unprecedented uncertainty. Despite pledges from the government and private sector, many say...

Finance

Lavu | September 29, 2022

Lavu, a major global restaurant software and payments solution provider built by restaurant people, today announces Lavu Capital, offering restaurant merchants cash advances to provide funding that can be used to help run and grow their businesses. Powered by Parafin, a full-stack, embedded fintech company, Lavu Capital gives restaurants, primarily small businesses, easy access to fast capital that typically is not available through traditional bank financing.Unlike a loan that charges interest,...

Live Insurance News | January 17, 2020

The insurers have announced they will be launching the products in several U.S. markets. Cigna and Oscar Health have announced their intentions to launch small business health plans across a number of commercial markets in the United States. The partnership intends to move forward with the move together, letting them split the potential risk. Oscar is an insurance company best known for selling individual plans on the Affordable Care Act’s exchanges. The company has been seeking to broaden...

Management

SMART Global Holdings, Inc. | June 30, 2022

SMART Global Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH) announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire Stratus Technologies (“Stratus”), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge. Under the terms of the agreement, SGH will pay $225 million in cash at closing and an earn-out payment of up to $50 million, based...