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Breaking down the tax implications of PPP loans 02/13/2021 10:00am • The approaching tax season is raising fresh questions for business owners who received a loan through the Paycheck Protection Program. Can you deduct expenses paid with your loan funds? Do you need to do anything differently this year? And if your loan is forgiven, is it considered taxable income? A S&P 500 closes wobbly week at new record high 02/12/2021 05:00pm • Technology companies led a late-afternoon rally on Wall Street Friday that capped a week of wobbly trading with the major stock indexes hitting all-time highs. The S&P 500 rose 0.5% after spending most of the day wavering between small gains and losses. The gain nudged the benchmark index to a r S. Prestley Blake, co-founder of Friendly's, dead at 106 02/12/2021 04:23pm • SOMERS, Conn. (AP) ��� S. Prestley Blake, the co-founder of the Friendly���s restaurant chain that he started with his brother Curtis in 1935, has died. He was 106. Blake died Thursday after a short illness at a hospital near his home in Stuart, Florida, his niece, Holly Schroeder said. ���He lived Mourinho says Bale's social media post a 'contradiction' 02/12/2021 12:49pm • LONDON (AP) ��� Call it a raised-eyebrow emoji by Jose Mourinho. The Tottenham manager said Gareth Bale���s recent Instagram post ��� an encouraging fitness update from the player complete with a flexed bicep emoji ��� was a ���contradiction.��� Bale missed the FA Cup game on Wednesday against Evert AMC Mazza Gallerie 7 closes in foreclosed Friendship Heights mall 02/12/2021 10:37am • The COVID-19 pandemic has taken a toll on businesses across America, decimating the movie theater industry. The latest casualty is the AMC Mazza Gallerie 7, which permanently closed in Friendship Heights. On Friday, the AMC Theatres website posted: "AMC Mazza Gallerie 7 Has Permanently Closed. Bayern signs American teen Che on loan from FC Dallas 02/12/2021 10:37am • MUNICH (AP) ��� Bayern Munich has signed 17-year-old American defender Justin Che on loan from FC Dallas, the German club said Friday. Che had been one of six Dallas players on trial at Bayern this month as part of a partnership agreement between the clubs and now joins on loan until the end of the Fake German heiress released from prison in fraud case 02/12/2021 09:16am • NEW YORK (AP) ��� Anna Sorokin, a grifter convicted of paying for a lavish lifestyle by impersonating a wealthy German heiress, has been released from a New York prison. A state website shows that Sorokin was freed into parole on Thursday. A Manhattan jury found the 29-year-old Sorokin guilty in Ap EU aims to release virus recovery fund billions by summer 02/12/2021 05:54am • BRUSSELS (AP) ��� Top European Union officials on Friday urged member countries to swiftly submit plans for how they would use their share of the bloc's massive coronavirus recovery fund so that the sorely-needed money can be released starting this summer. The call came as the officials signed an ag How a leading anti-Trump group ignored a crisis in its ranks 02/11/2021 09:01pm • WASHINGTON (AP) ��� Last June, the Lincoln Project was on a high. Led by several prominent former Republican consultants, its slickly produced ads attacking President Donald Trump made it perhaps the best known of the so-called Never Trump organizations. The group tried to claim a higher moral groun Chelsea, Southampton reach FA Cup quarterfinals 02/11/2021 06:03pm • LONDON (AP) ��� Tammy Abraham put Chelsea into the FA Cup quarterfinals by scoring the second-half winner in a 1-0 victory over second-tier club Barnsley, which missed several chances to stage an upset. Abraham tapped in from close range in the 64th minute after a low cross from Reece James to set US long-term mortgage rates flat; 30-year stays at 2.73% 02/11/2021 01:57pm • WASHINGTON (AP) ��� U.S. long-term mortgage rates were flat this week for a second straight week. Home-loan rates stayed near record lows as the economy, especially in the services sector, remains burdened by the coronavirus pandemic. Mortgage buyer Freddie Mac reported Thursday that the average ra Bale's homecoming at Tottenham proving a major letdown 02/11/2021 08:03am • Complete with a flexed bicep emoji, Gareth Bale posted a seemingly encouraging fitness update to his 43.7 million followers on Instagram ahead of Tottenham���s final training session before an FA Cup match at Everton. ���Good session today,��� Bale wrote. Except it wasn���t. According to Tottenham m FA Cup: City on record winning run, Everton beats Spurs 5-4 02/10/2021 07:08pm • One of the most relentless schedules in the history of English soccer hasn���t stopped Manchester City putting together a record-setting run of wins. It���s 15 straight victories and counting for Pep Guardiola���s irrepressible team, which has another domestic treble in its sights. On an action-fill Miami man pleads guilty to using Covid loan for Lamborghini 02/10/2021 04:29pm • A South Florida man has pleaded guilty to fraudulently obtaining $3.9 million in federal coronavirus loans and using some of the money to buy a Lamborghini Huracan. David Hines, of Miami, rubbed his forehead in apparent shame as he pleaded guilty to federal charges including bank fraud at a hearing Tax Day is Monday. Here's everything you need to know about filing your 2020 taxes 02/10/2021 09:56am • Okay, last call.Next Monday, May 17, is the official deadline for individuals to file their 2020 federal tax return, and in most instances their state tax return, too.It's a month later than usual, thanks to the pandemic. But the filing deadline's not the only thing that's changed. Many of the uphea