Jan. 26 - Spirit Airlines CFO plots path forward | $5B in PPP loans approved first week
SBA approves over $5B in loans during first week of PPP re-opening; Survey: 42% of retail CFOs expect to restructure as industry revenue declines persist; EY report: IPOs surge worldwide during Q4 amid pandemic; Deregulation critic Allison Herren Lee named acting SEC chair
While struggles and distress abound, many retail CFOs are investing in e-commerce and other channels as the pandemic reshapes the industry, a BDO survey found.
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Liquidity from pandemic-related government spending helped fuel a rise in global IPOs during the fourth quarter of 2020 that will likely persist in 2021, Ernst & Young said.
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