Editor’s Picks

US Jobs Report Shows 11M Jobs Lost At SMBs

US Jobs Report Shows 11M Jobs Lost At SMBs
US Jobs Report Shows 11M Jobs Lost At SMBs
May 06, 2020  |  Economy

COVID-19 continues to take its toll on the nation’s workforce as the number of private-sector jobs fell by a record 20.2 million from March to...

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Federal, State Investigators Question Wells Fargo Over PPP Loans
Federal, State Investigators Question Wells Fargo Over PPP Loans
May 06, 2020  |  Security & Fraud

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. Get the Full Story Complete the form...

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Jack Ma’s MYbank To Issue $282 Billion In SMB Loans This Year
Jack Ma’s MYbank To Issue $282 Billion In SMB Loans This Year
May 05, 2020  |  Loans

MYbank, the online lending program of billionaire Jack Ma, is facing a serious test as the Chinese economy reels from the effects of the coronavirus,...

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US Meat Shortage Boosts Fortunes Of Plant-Based Meat Firms
US Meat Shortage Boosts Fortunes Of Plant-Based Meat Firms
May 05, 2020  |  Earnings

Not every company is suffering as the world’s economy has come to a virtual standstill and the pandemic death toll rises. Get the Full Story...

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Norwegian Cruise Line Ponders Bankruptcy, Seeks New Investments
Norwegian Cruise Line Ponders Bankruptcy, Seeks New Investments
May 05, 2020  |  Travel Payments

Norwegian Cruise Line (NCL) is considering new funding and possible bankruptcy protection due to business losses triggered by the coronavirus pandemic. Get the Full Story...

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California AG Sues Lyft, Uber Over Alleged Worker Misclassification
California AG Sues Lyft, Uber Over Alleged Worker Misclassification
May 05, 2020  |  Ridesharing

California Attorney General Xavier Becerra, along with municipal attorneys from three cities in the state, is suing Lyft and Uber for allegedly misclassifying drivers as...

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Lack Of Travelers Puts The Hurt On Hertz
Lack Of Travelers Puts The Hurt On Hertz
May 05, 2020  |  Retail

As if you needed more evidence that the stay at home, all digital world was shattering the “old” economy, or that online platforms have provided...

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PPP Loan Program’s Flaw: It Pays To Be Jobless
PPP Loan Program’s Flaw: It Pays To Be Jobless
May 05, 2020  |  SMBs

The $2.2 trillion CARES Act passed by Congress last month brought good news for the unemployed workers and small businesses. Get the Full Story Complete...

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WeWork’s Ex-CEO Sues SoftBank Over Aborted $3B Deal
WeWork’s Ex-CEO Sues SoftBank Over Aborted $3B Deal
May 05, 2020  |  Legal

WeWork Co-founder Adam Neumann has launched a legal battle with his company’s biggest investor, SoftBank Group Corp., charging that it has wrongfully reneged on a...

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