Author: Jessica Charpentier

U.S. Bancorp finances $50 million towards small businesses

U.S. Bancorp finances $50 million towards small businesses

U.S. Bancorp Community Development Corporation (USBCDC), is financing $50 million to help provide loans through the Small Business Adminstration (SBA). The loans will help struggling small businesses. USBCDC is the tax credit and community investment subsidiary of U.S. Bank, which is based in Minneapolis. The money will go to seven community development financial institution (CDFI) customers. Each CDFI recieves between […]

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Trump orders meatpacking companies to stay open

Trump orders meatpacking companies to stay open

Many meatpacking companies that have been struggling to stay open during the coronavirus are welcoming Trumps order for them to remain open, but not all of their employees share the same sentiment as the plants. “They are so thrilled,” Trump said after getting off a call with meatpacking executives. “They’re so happy. They’re all gung-ho, and we solved their problems.” […]

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UnitedHealth group is supplying 3,000 new ventilators

UnitedHealth group is supplying 3,000 new ventilators

UnitedHealth Group is partnering with Boston Scientific, Medtronic, and the University of Minnesota to send out 3,000 new “light” ventilators. The products were manufactured in less than 30 days and the first 500 ventilators will be sent out this week. The University of Minnesota and Medtronic are helping UnitedHealth find destinations for the ventilators and Boston Scientific is manufacturing and […]

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3M fights against the pandemic

3M fights against the pandemic

3M based in Saint Paul continues to fight against the pandemic. The company just announced plans to provide $20 million for front-line healthcare workers, vulnerable populations affected by the virus, and medical research initiatives. Mike Roman, Chairman and CEO of 3M “Since the outbreak began, 3M has addressed the COVID-19 pandemic from all angles and across all stakeholders, and this […]

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Minnesota fights against the pandemic

Minnesota fights against the pandemic

Tim Walz, Governor of Minnesota. Trump has issued a disaster declaration for Minnesota, which will allow federal funding for the state. Senator Amy Klobuchar says the declaration “is a step toward making sure those in need have access to critical resources.” Governor Tim Walz plans to use the money for crisis counseling, supplemental nutrition programs, medical assistance, funeral aid, and […]

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SCSU moves the withdrawal date

SCSU moves the withdrawal date

St. Cloud State University, like most universities, is adjusting to going online. One of these changes means moving the spring 2020 withdrawal date so that students can get used to online classes. The original withdrawal date for a full refund for students doing a total withdrawal was from January 13 through 17. A student who withdraws from a class will […]

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