Editor’s Picks

Georgia’s Push To Reopen Falls Flat As Consumers Stay Home

Georgia’s Push To Reopen Falls Flat As Consumers Stay Home
Georgia’s Push To Reopen Falls Flat As Consumers Stay Home
May 03, 2020  |  Economy

The road to recovery after the coronavirus pandemic is widely expected to be a winding one as businesses, consumers and officials work to figure how...

READ MORE >
Kudlow: Third Round Of SBA PPP Loans ‘May Be’ Necessary
Kudlow: Third Round Of SBA PPP Loans ‘May Be’ Necessary
May 03, 2020  |  Loans

Some 2.2 million small business loans totaling $175 billion were extended on Sunday (May 3) in the second round of the Paycheck Protection Program (PPP)....

READ MORE >
US Judge: Uber Can Be Sued For Allegedly Forcing Out Rival
US Judge: Uber Can Be Sued For Allegedly Forcing Out Rival
May 03, 2020  |  Legal & Regulation

A lawsuit against Uber alleges that the company engaged in deceitful practices to drive its competitor Sidecar Technologies out of business in 2015, according to...

READ MORE >
Texas Hotel Group To Give Back $70M In PPP Loans
Texas Hotel Group To Give Back $70M In PPP Loans
May 03, 2020  |  Loans

Texas hospitality group Ashford Inc. is buckling under pressure and will return $70 million in Paycheck Protection Program (PPP) loan money it received due to...

READ MORE >
Corporate Ransomware Payments Up In Remote Working Environment
Corporate Ransomware Payments Up In Remote Working Environment
May 03, 2020  |  B2B Payments

Corporate ransomware payment amounts rose sharply in the first quarter of this year, with a wave of coronavirus-related attacks and other peripherally-related cases because of...

READ MORE >
COVID Crisis Pushes Nearly 4M US Mortgages Into Forbearance
COVID Crisis Pushes Nearly 4M US Mortgages Into Forbearance
May 01, 2020  |  Economy

Nearly 4 million U.S. home mortgages — or 7.3 percent of the total — have entered into “forbearance” programs with their lenders as the COVID-19...

READ MORE >
UK Restaurants Say Social Distancing Could Bankrupt Them
UK Restaurants Say Social Distancing Could Bankrupt Them
May 01, 2020  |  Economy

If restaurants and bars in the U.K. are required to apply social distancing when they reopen, many won’t survive, according to a new study of...

READ MORE >
DOJ Finds Evidence Of PPP Loan Fraud
DOJ Finds Evidence Of PPP Loan Fraud
May 01, 2020  |  B2B Payments

Amid rising criticism over the loan effort, the Department Of Justice has reportedly discovered potential fraud among companies seeking relief with the Paycheck Protection Program...

READ MORE >