U.S. Banks Tighten Lending
Business loan standards are tightening because of the uncertain economic outlook, worsening of industry-specific problems, and reduced tolerance for risk.
French Company to Buy Fintech YayPay
Accounts receivable SaaS provider sells to Quadient for about $20 million in cash.
Frequent Worker Reporting Lowers Worker Performance
When employees have to make frequent reports to their bosses, it raises their anxiety levels and lowers their performance, new research suggests.
Machine Learning Startup Was a Sham, Says SEC
Founder Shaukat Shamim "drummed up interest in [YouPlus] by providing false information about its financial performance and customer base."
Will There Be a Second Round of Paycheck Protection Loans?
Under proposed legislation, smaller businesses would be targeted, and they would have to show a 50% revenue drop.
Zoom Launches Hardware for the Home Office
Videoconferencing company Zoom is entering the hardware business with a $599 tablet-like device for remote workers.
Tuesday Regulatory Update: The Winds of Fraud
Swap fraud; wind turbine con; holding firm on LIBOR switch; and more.
CFOs Are Relying on Banks to Keep Short-Term Cash Safe
Many increased their short-term investments in products offered by banks compared with 12 months ago, according to the AFP.
Curtailing Auditors’ Tax Services For Appearances Brings Higher Rates
The pursuit of perceived auditor independence turns out to be an expensive proposition, a new study reveals.
Tuesday Regulatory Briefing: Supreme Court Puts Limits on SEC Penalties
The NYSE pushes for direct listing changes; stress tests incorporate the pandemic; eurozone banks borrow record amounts; and more.
CFOs’ Lower Bonuses Cut Into Compensation Growth
Growth in CFOs' total compensation was off nearly three percentage points last year.