Peet's Coffee ShopREUTERS/Mike Blake

Peet’s Coffee raised $2.5 billion in its initial public offering, one of the largest this year despite the coronavirus pandemic. 
The company announced its IPO plans just 10 days ago. 
Shares of Peet’s Coffee surged as much as 17% in its first day of trading.
Read more on Business Insider.

A bet that coffee could withstand a pandemic and ensuing economic downturn has paid off for the European investment firm responsible for Peet’s Coffee, Krispy Kreme, and Keurig. 

JDE Peet’s BV, carved out of JAB Holdings, said Friday it raised $2.5 billion, or 2.3 billion euros, in its initial public offering. The company is selling about 71.4 million shares, or 14% of the business, at 31.50 euros per share. See the rest of the story at Business Insider

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banks helping coronavirusMaskot/Getty Images

 

If you’ve been financially impacted by the coronavirus pandemic, your bank may be offering payment assistance for your mortgage, car payments, credit card, personal loan, or private student loan.
We’ve listed 34 banks that are offering assistance, including Bank of America, Capital One, US Bank, and Wells Fargo.
If your bank isn’t on this list, contact them directly to ask whether they’re offering payment assistance.
Read more personal finance coverage »

If you’ve lost work due to the coronavirus, you may be scrambling to figure out how to pay your bills

Thankfully, numerous banks are offering assistance to customers who have been financially impacted by the coronavirus. You may be eligible for payment assistance toward your mortgage, car payment, credit card, personal loan, or private student loan.See the rest of the story at Business Insider

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