Banking & Finance

DraftKings, the Boston-based fantasy sports and betting platform, will be traded on the Nasdaq starting Friday under the ticker symbol DKNG, the company said upon the completion of a three-firm deal agreed to late last year.

Nearly one-fifth of homeowners and more than one-third of renters in New England are at risk of not being able to pay their monthly rent or mortgage, according to new research from the Federal Reserve Bank of Boston's New England Public Policy Center.

The U.S. Small Business Administration approved 509 Economic Injury Disaster Loans for businesses dealing with COVID-19 fallout in Massachusetts, according to an April 20 update.

The U.S. Senate on Tuesday approved an extra $320 billion in funding for the Paycheck Protection Program, the original $349-billion forgiveable loan program for small businesses impacted by the coronavirus pandemic, which ran out of money after less than two weeks.

Gov. Charlie Baker hinted Tuesday he plans to convene a group of public health, academic and business leaders to assemble a thoughtful framework for how Massachusetts might be able to resume more normal economic and social life once the worst of the COVID-19 pandemic subsides.

Milka Njoroge is CEO of Worcester home healthcare agency Century Homecare. She spoke with WBJ on April 2 about how her firm was navigating the coronavirus pandemic, as her workers mostly deal with vulnerable patients who have a variety of medical needs.

The last several weeks have brought limited relief to businesses grappling with an immediate economic downturn that is the result of COVID-19 and social distancing. However, some businesses will require more help than short-term loans backed by the government can provide. They will need to restructure mortgage loans, reduce debt service, or even eliminate unsecured debt, such as trade payables.

Brian Treitman, the founder of B.T.'s Smokehouse in Sturbridge, and his business partner, Billy Nemeroff, join The Weekly Business Report to discuss the new B.T.'s location in Worcester and why barbecue restaurants have fared better during the coronavirus shutdown than most other eateries.

It has not been a normal month for Fidelity Bank. Like practically every bank anywhere, the Leominster bank has rushed to help small businesses apply for federal pandemic aid, while also working with homeowners looking to refinance with incredibly low interest rates.

Ten days after the $349-billion program launch, a small percentage of businesses who applied for coronavirus relief funds under the federal Paycheck Protection Program have received the funds, according to a new national crowdsourcing tracker set up by a Miami entrepreneur couple.