Magic Johnson‘s life insurance company, EquiTrust Life Insurance Co., is helping small businesses owned by women and minority groups secure upwards of $100 million in Paycheck Protection Program loans.

The work Johnson’s company is doing is through the Small Business Administration PPP program and is in partnership with MBE Capital Partners.

“We knew why the money was gone and couldn’t trickle down to small businesses, especially small minority businesses, because they didn’t have those great relationships with the banks,” Johnson told the Wall Street Journal. “So this was easy for us to understand.

“This is, when you think about it, life and death for so many business owners. They have nowhere else to turn.”

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Things are changing during this international pandemic, and so is the name of a popular childhood hangout. Chuck E. Cheese is now doing business as Pasqually’s Pizza & Wings — with an entirely redesigned and distinctly mouse-less logo.

The change was first reported in Food & Wine in April, when a woman from Philadelphia shared how she felt duped by the CEC Entertainment brand when she ordered pizza from Pasqually’s using GrubHub, with the false impression that she was ordering from a local business.

In a statement to Food & Wine, the company confirmed the association and clarified that this would not be the end for Chuck.

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Tech giant Apple has acquired the virtual reality company Next-VR in a deal reportedly worth around 100-million-dollars.

The purchase suggests that Apple is preparing to expand its business to include virtual reality and augmented reality.

NextVR builds VR software that puts users inside sporting events, concerts and other live events, and had previously created custom experiences for the NBA, WWE, CNN and more.

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