Trending Market News

Updated April 24, 2020

As COVID-19 continues to cause uncertainty across the US and global economy, Davis Moore Advisors maintains our dedication to serving our clients. We’ve recently published our Tenant’s Guide to COVIID-19, which can be found here.

To better keep you informed here are the stories we’re following this week:

 

AskBio (Asklepios BioPharmaceutical, Inc.) continues its mission to improve the lives of those living with genetic disorders, recently acquiring BrainVectis. Read more on WRAL Techwire.

 

North Carolina technology companies are seeing a slow-down in hiring and are adjusting to a remote workforce. Read more on NCTech.org.

 

Image courtesy of NCTech Association: Roughly what percentage of your NC-based workforce is currently working from home?

 

US Congress pushes forward with an additional $341B for the Paycheck Protection Plan, supporting businesses impacted by the pandemic. Read more on WRAL Techwire.

 

Local founders and business leaders provide insight into the PPP program’s application for their organizations. Read more on GrepBeat.

 

Unemployment numbers are up across the country, with an additional 4.4MM seeking benefits in the last week. Read more on The Wall Street Journal.

 

Many in the commercial real estate industry are anticipating major shifts in how we view and utilize office space. Read more on WeForum.org.