Two Men Charged In First US Case Of PPP Stimulus Fraud

Two Men Charged In First US Case Of PPP Stimulus Fraud
Two Men Charged In First US Case Of PPP Stimulus Fraud
May 06, 2020  |  Security & Fraud

Two men were charged in Rhode Island with fraudulently seeking loans through the Paycheck Protection Program (PPP), the U.S. Department of Justice said in a...

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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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Impossible Foods CFO On The Shift To Grocery And Clearing The Meat Lover’s Bar
Impossible Foods CFO On The Shift To Grocery And Clearing The Meat Lover’s Bar
May 06, 2020  |  Retail

The Impossible Burger has had an expansive year — making inroads at restaurants like Burger King with the Impossible Whopper and its debut on grocery shelves last fall. But...

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Frontier To Allow Passengers To Purchase Extra Space On Planes
Frontier To Allow Passengers To Purchase Extra Space On Planes
May 05, 2020  |  Travel Payments

As the world steadily inches toward reopening after several months of coronavirus-related lockdowns, Frontier Airlines will give people the option to pay extra to leave...

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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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JCPenney Seeks Court Order To Keep Sephora In Stores
JCPenney Seeks Court Order To Keep Sephora In Stores
May 05, 2020  |  Retail

JCPenney has filed a temporary restraining order against beauty firm Sephora to stop it from departing Penney’s stores that are currently closed but in the...

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Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
May 05, 2020  |  Digital Banking

London-based FinTech Revolut is planning to tap the $500 million it got from investors to acquire competing technology firms suffering from the impact of the...

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German FinTech N26 Notches $100M Amid Uncertainty
German FinTech N26 Notches $100M Amid Uncertainty
May 05, 2020  |  Investments

German challenger bank N26 closed a funding deal for an additional $100 million as it prepares for financial uncertainty due to the global coronavirus pandemic....

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Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
May 05, 2020  |  Bank Regulation

Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic —...

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