New Sba Data Shows The Top 10 California Industries To Receive Ppp Loans

Samsung Electronics Co. said Thursday its operating profit for the last quarter rose by more than 26% as it capped off a robust business year where its dual strength in parts and finished products allowed it to thrive amid the pandemic. But the South Korean tech giant expects its profit to weaken in the current quarter with a weak dollar and costs associated with expanded production lines likely affecting its bread-and-butter computer memory chip business. Like many technology companies, Samsung has gotten a boost from surging demand for its computer chips and devices as the pandemic forces people to work from home. Samsung has also dealt with legal issues surrounding its vice chairman and de facto chief, Lee Jae-yong, who last week was sentenced by the Seoul High Court to two and a half years in prison for his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea’s then-president. “For 2021, the company expects a recovery in overall global demand but uncertainties persist over the possibility of recurring COVID-19 waves,” Samsung said in an emailed statement. Samsung’s operating profit of 9.1 trillion won ($8.1 billion) for the October-December quarter represented a 26.4% increase from the same period a year before, while its revenue rose by 2.8% to 61.6 trillion won ($55.3 billion).

Black-and-white pictures of dozens of men and women, some in their 30s and others much older, line the perimeter of a bright yellow building overlooking the Pacific, a two-story-tall black ribbon covering part of the facade and a Peruvian flag at a half-staff near the door. The makeshift memorial is for fallen “pandemic soldiers” — doctors who have died since the coronavirus struck this South American nation last year and unraveled the public health care system. “Our country, like the other countries in the world, is not prepared for this pandemic.

About those wooly mittens that U. S. Sen. Bernie Sanders wore to the presidential inauguration, sparking endless quirky memes across social media?

Senior Bowl players are spending their days this week meeting with NFL teams and getting practice instructions from NFL coaches.

Across most of America, GameStop is just a place to buy a video game. On Wall Street, though, it's become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%. The funds serving the financial elite are starting to walk away in defeat.

_ Old Point Financial Corp.