Business
Mark Cuban Says Some Banks ‘Actively’ Avoiding Small Business Loans
Apr.09 — Billionaire investor Mark Cuban, owner of the Dallas Mavericks, discusses the difficulties that small business owners face in getting loans from banks that are participating in the U.S. $349 billion government rescue package. He speaks with Bloomberg’s Sonali Basak on “Bloomberg Markets: European Close.”
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When one thinks about the wealthiest Americans, ultra-rich billionaires like Elon Musk and Jeff Bezos might come to mind. But there is a class of rich private business owners hiding in plain sight.
University of Chicago Associate Professor Eric Zwick and Princeton University Professor Owen Zidar join Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss how income inequality started to rise in tandem with the growing number of pass-through businesses.
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Big Pharma is betting on China for its next blockbuster drugs — what that shift means for patients and the future of US biotech dominance.
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Paramount Skydance Corp. has settled lawsuits brought by 12 state attorneys general and the Writers Guild trade union, allowing the company to close its acquisition of Warner Bros. Discovery Inc. #news #business #usa
The settlement includes protections to limit the market power and ensure the editorial independence of the media giant, and requires Paramount to release 30 movies a year at the combined studios.
Paramount has agreed to various terms, including investing $1.5 billion in domestic film and TV production, and not selling or closing its big studio lots in the Los Angeles area, in a bid to appease politicians and unions.
Read more: https://www.bloomberg.com/news/articles/2026-09-21/paramount-settles-lawsuits-allowing-for-warner-bros-acquisition
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@altervirbatista2242
January 15, 2024 at 3:13 pm
0:51 It’s not a problem, it’s a ME problem!
@manko330
January 15, 2024 at 3:13 pm
Mark sent his people to watch small business for cov 19,To tell on them. What a ass!.do not trust him.
@sanjuansteve
January 15, 2024 at 3:13 pm
Let’s STOP TRYING TO SAVE CORPORATIONS AND SMALL BUSINESSES with selective bailouts and instead simply put capitalism on hold (mortgages and loans, rent, interest, dividends, late fees, utilities, etc), launch universal healthcare, a UBI, universal education and internet for all! #NoCorporateBailoutsRequired
Let’s #AutomateEverything and #SkipToAbundance.
@ogbegift8993
January 15, 2024 at 3:13 pm
It work here I got my bills paid with the help of Maskoffweb.com service
@contactmaskoffwebcom6069
January 15, 2024 at 3:13 pm
Hackers from Maskoffweb,com added fund to my cashapp
@sandman4115
January 15, 2024 at 3:13 pm
People, do not go to Capital One. They aren’t doing shit.
@kevinp665
January 15, 2024 at 3:13 pm
Entrust banks to do the “right thing” yeh sure, they’ll do what’s right alright. For their balance sheets. Mainstreet holds the bag again. Every time. That is the only thing history will show never changes.
@mainlawcafewv7681
January 15, 2024 at 3:13 pm
Her voice kinda grates on ears
@xemptx
January 15, 2024 at 3:13 pm
Cuban is right on.
@gl9139
January 15, 2024 at 3:13 pm
Interesting how junk bonds get priority funding over mom&pop businesses with this gov’t.
@arlieferguson3990
January 15, 2024 at 3:13 pm
Didn't the bill just get held up again? I'm not sure that what he's talking about has actually passed Congress. Democrats Block McConnell Push to Boost Small Business Aid – Bloomberg
https://apple.news/A9rM8nVdwQf6kv6fvtU0ByA
@jeantave8562
January 15, 2024 at 3:13 pm
Duh, Any idiot can figure out that ANY bank is only going to give a loan to a low risk business right now.
@scottn7cy
January 15, 2024 at 3:13 pm
How can you tell the billionaire is lying? His lips are moving. Cuban has been throwing out all kinds of FUD in preparation for his announcement of his candidacy. He is throwing gasoline on the fire for his own power gain.
@Bradgilliswhammyman
January 15, 2024 at 3:13 pm
I'm not sure about the small business thing. Large corps run this nation.
@sam9242
January 15, 2024 at 3:13 pm
Some banks? Try every bank in NYC. They are turning away their own customers.
@randyallen7688
January 15, 2024 at 3:13 pm
Ghost Banks have been doing that 4ever.
@dougcranford1167
January 15, 2024 at 3:13 pm
I have not heard from the SBA or any bank since I applied. I am suspect this will be helpful at all.