RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced that it plans to offer shares of its Series A Cumulative Preferred Stock (the “Preferred Stock”) in an underwritten public offering. The completion of the proposed offering depends upon several factors, including customary closing, market and other conditions. The Fund has applied to list the Preferred Stock on the New York Stock Exchange (“NYSE”) under the ticker symbol “OPP.P”. If the application is approved, trading on the NYSE in the Preferred Stock is expected to begin within 30 days following the issuance date of the Preferred Stock.

The Fund plans to use the net proceeds from the offering of the Preferred Stock to repay borrowings under the Fund’s credit facility and for general working capital purposes.

UBS Securities LLC is acting as the sole book-running manager for the offering.

The information in this preliminary prospectus supplement is not complete

Read More

EUGENE — Oregon fans can get a little bit flatter now.

UO athletics is offering fans the opportunity to purchase cutouts, starting at $50 for season ticket holders, to be placed at Autzen Stadium this fall.

“As we embark on this journey together and experience a season like no other, we invite Ducks fans to fly with us all season long by purchasing their very own fan cutout,” the description of the cutouts, available via fancutouts.com, reads.

Fans can submit photos of themselves, family members or even pets that can be placed together in the stadium and will be sent photos to show where their cutouts are located.

Season ticket holders can purchase the cutouts for $50 and get “high exposure” placement in the stadium while while non-season ticket holders can purchase them for $75 and be placed in the end zone. Students can also purchase cutouts for $50 to

Read More

“A lot of new jobs are coming from e-commerce, which means retailers are competing for a very similar employee: Someone who works in a warehouse, who can sometimes operate heavy machinery,” said Andy Challenger, a vice president at job placement firm Challenger, Gray & Christmas. “They are competing for a smaller group of people, which drives up wages.”

Even with 7.9 percent unemployment — more than double the U.S. rate last year — retailers are raising wages to attract qualified workers. Walmart, Target and Best Buy have all boosted their hourly minimums to $15. Craft chain Hobby Lobby now starts full-timers at $17 an hour after employee backlash for keeping its stores and distribution center open at the beginning of the pandemic.

Ashley Wilemon, a Hobby Lobby spokeswoman, declined to comment. A statement from chief executive David Green said the company was “very happy” to provide pay increases, noting the

Read More

Millions of Americans on low-income, including those receiving unemployment benefits amid the ongoing COVID-19 pandemic, may qualify to receive a free smartphone, in addition to free cell service, under a new government partnership with TruConnect, a nationwide wireless service provider.

TruConnect has partnered with Lifeline, a government program offering affordable wireless service to low-income customers launched by President Ronald Reagan in the 1980s, which most Americans don’t know about, according to the co-founder and chief executive officer of TruConnect, Matthew Johnson.

TruConnect’s free service includes “talk, text, and 3GB of data each month plus free international calling to select countries. You may even qualify for a free 5″ LTE Android smartphone,” the company website states.

Johnson told California’s KTLA: “Currently, there are roughly 30 to 40 million people who don’t have access to high-speed internet and that’s only increased recently with the issues due to COVID-19.

“Across the U.S., the

Read More

The River Walk is paddling in new opportunities in 2020.

For the first time in 30 years, kayaking will be allowed through the River Walk’s scenic business district, where countless postcards and San Antonio snapshots have taken place.

Kayaking on other extensions of the San Antonio River, like the King William District and Mission Reach, has been a popular activity, especially during the coronavirus pandemic. You were, however, not allowed access to the world-famous business district, where the hotels and restaurants are located.

RELATED: I kayaked on the San Antonio River in the King William Historic District, here’s what you need to know

“This is a whole new route, a whole new ball game,” said San Antonio River Walk Association Executive Director Maggie Thompson.

The River Walk barges have total rights to the area, but the Go Rio Cruises are now starting boat tours at noon, giving kayakers a rare

Read More

The entire energy sector has been going through a fierce sell-off over the last four months, in contrast to the broad market, which has been hovering around its all-time highs. Kinder Morgan (KMI) has not escaped the sell-off and thus it is now offering a 4-year high dividend yield of 8.5%. During sell-offs, most investors view such an abnormally high dividend yield as a signal of an imminent dividend cut. However, the dividend of Kinder Morgan is safe.

Business overview

The pandemic has caused a severe recession in the U.S. Consequently, many companies have gone out of business and thus the total commercial demand for natural gas has decreased this year. However, it is critical to note that the effect of the coronavirus crisis on the natural gas market is much smaller than the effect on the oil market. The Energy Information Administration [EIA] expects the average annual U.S. demand

Read More

Washington officials announced on Monday that a new Small Business Resiliency Fund initiative will provide $3 million in emergency operational funding for small and local businesses located in the District. 



a close up of a car


© Provided by WUSA-TV Washington, D.C.


The fund will be housed in the Office of the Deputy Mayor for Planning and Economic Development (DMPED), with an application period for grants starting to be excepted on Tuesday, October 6. 

Loading...

Load Error

“Our businesses have been resilient in the face of immense challenges, and we know they still need our support,” said Mayor Bowser. “These grants will help small businesses adapt and implement creative measures so they can stay open and operating during the public health emergency.”

The District has partnered with City First Enterprises, a local U.S. Treasury designated Community Development Financial Institution (CDFI), to oversee and manage the Fund, according to information from Bowser’s office.

“Pivoting a business costs money,”

Read More

CHICAGO–(BUSINESS WIRE)–Oct 5, 2020–

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the final results of its transferable rights offering (the “Offering”). The Fund will issue a total of 472,995 new shares of common stock as a result of the Offering, which closed on October 1, 2020 (the “Expiration Date”).

The subscription price of $13.88 per share in the Offering was established on the Expiration Date based on a formula equal to 92.5% of the reported net asset value on the Expiration Date. Gross proceeds received by the Fund, before any expenses of the Offering, are expected to total approximately $6.6 million.

The shares of common stock issued as a result of the rights offering will not be record date shares for the Fund’s monthly distributions paid in August or September 2020. As the final subscription price was higher than the original estimated subscription price, there are

Read More

BALTIMORE, Oct. 5, 2020 /PRNewswire/ — T. Rowe Price Retirement Plan Services, Inc. announced today that it will launch a suite of student loan resources this fall, including educational tools and content within its robust financial wellness offering. Plan sponsors will also have the option to include additional offerings like employer contribution services and access to student loan refinancing, as well as live financial counseling services. The benefit offerings will be provided by digital personal finance company SoFi through the ‘SoFi at Work’ program.

The tools and educational content will be integrated into T. Rowe Price’s 401(k) participant website, giving participants the ability to manage and plan for their student loan needs while saving for retirement. For plan sponsors, helping employees manage education costs can result in greater participation in the retirement benefit, prevent productivity loss, and help attract and retain talent.

New optional solutions from SoFi’s ‘SoFi at

Read More

SMYRNA, GA — Smyrna small business owners and nonprofits who have been impacted by COVID-19 have until Friday to apply for a local grant, the city announced Monday.



text, letter: The Small Business/Nonprofit CARES Grant program is for qualifying Smyrna businesses and nonprofit organizations who demonstrate a financial impact of $500 or greater.


© Shutterstock / Stephen_Payne
The Small Business/Nonprofit CARES Grant program is for qualifying Smyrna businesses and nonprofit organizations who demonstrate a financial impact of $500 or greater.

The Mayor and City Council of the City of Smyrna authorized the creation of a Small Business/Nonprofit CARES Grant program. Qualifying businesses and nonprofit organizations who demonstrate a financial impact of $500 or greater are eligible to receive grant funds (minimum of $500 in grant funding).

Loading...

Load Error

Each business requesting to participate in this program must submit an application by 5:00 p.m. on Friday, October 30, 2020. All applications submitted by the deadline and that meet the requirements will be considered.

All applications and required attachments must be emailed to [email protected] or received at

Read More