Linda McMahon, head of the Small Business Administration, discusses her appointment to the role and her journey rising through the ranks of the business world. McMahon was made head of the S.B.A. by President Trump.
McMahon says in her first year as head of the S.B.A, she was surprised by how little people knew about it. McMahon explains the S.B.A is much more than just loans, as they've offered assistance to areas hit by natural disasters. The agency made more then 96,000 loans to businesses in the mainland U.S. and Puerto Rico.
McMahon is encouraged by the loans her agency has given to female business owners, totaling over $8 billion for fiscal year 2017. McMahon says those loans are already a $500 million increase over the previous year.
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
Online broker Robinhood Markets will join the S&P 500 index Online broker Robinhood Markets will join the S&P 500 index as its stock rides higher on a cryptocurrency wave.
Trump wants interest rates to plummet to make borrowing cheaper and boost growth. Fed chair Jerome Powell and his allies say not so fast, they need to bala
