Coronavirus

Congress Includes PPP Extension in New Relief Bill
Credit & Capital

Congress Includes PPP Extension in New Relief Bill

PPP borrowers will also be able to deduct expenses paid for with their loans, reversing an earlier IRS decision.
By Matthew Heller | December 21, 2020
Read More
WarnerMedia Plans More Layoffs as Virus Bites
Strategy

WarnerMedia Plans More Layoffs as Virus Bites

“Like the rest of the entertainment industry, we have not been immune to the significant impact of the pandemic."
By Matthew Heller | October 9, 2020
Read More
California Governor Vetoes Return-to-Work Bill
Risk & Compliance

California Governor Vetoes Return-to-Work Bill

The requirements of the bill "place too onerous a burden on employers navigating the tough challenges” of the pandemic, Gov. Gavin Newsom says.
By Matthew Heller | October 2, 2020
Read More
GOP Senators Offer 6-Month Lifeline for Airlines
Risk & Compliance

GOP Senators Offer 6-Month Lifeline for Airlines

A new $28 billion relief package would avert layoffs of airline employees as the industry continues to struggle with the COVID pandemic.
By Matthew Heller | September 22, 2020
Read More
Feds Net 57 People in Probe of PPP Loan Scams
Risk & Compliance

Feds Net 57 People in Probe of PPP Loan Scams

The defendants allegedly tried to steal a total of $175 million from the program, which some had feared would be a magnet for fraud.
By Matthew Heller | September 11, 2020
Read More
Trump Signals Support for More Airline Aid
Risk & Compliance

Trump Signals Support for More Airline Aid

"We’ll be helping the airlines, you have to help the airlines,” the president says as carriers warn of layoffs.
By Matthew Heller | September 2, 2020
Read More
J&J Speeds Up Timeline for Coronavirus Vaccine
Risk & Compliance

J&J Speeds Up Timeline for Coronavirus Vaccine

After lagging behind other companies, J&J now expects to begin a late-stage study of its vaccine candidate in September.
By Matthew Heller | July 16, 2020
Read More
Starbucks Sees ‘Rapidly Evolving’ Consumer Preferences
The Economy

Starbucks Sees ‘Rapidly Evolving’ Consumer Preferences

The coffee chain said it expects to accelerate the development of pickup locations in major U.S. cities over the next 18 months.
By Vincent Ryan | June 11, 2020
Read More
Moderna Stock Soars on COVID Vaccine Results
Risk & Compliance

Moderna Stock Soars on COVID Vaccine Results

Interim data from a Phase 1 study showed Moderna's vaccine candidate stimulated an immune response against the virus in people.
By Matthew Heller | May 18, 2020
Read More
Households’ Money Problems Started Back in March
The Economy

Households’ Money Problems Started Back in March

About 13% of adults reported that they lost a job or were furloughed in March or the beginning of April this year.
By Vincent Ryan | May 14, 2020
Read More
Marriott Takes Revenue Hit From Empty Rooms
Risk & Compliance

Marriott Takes Revenue Hit From Empty Rooms

“In the last few months, we have seen the impact of COVID-19 spread throughout our business in an unprecedented way."
By Matthew Heller | May 11, 2020
Read More
Gilead Works to ‘Maximize Global Supply’ Of Coronavirus Candidate Remdesivir
Supply Chain

Gilead Works to ‘Maximize Global Supply’ Of Coronavirus Candidate Remdesivir

"Close coordination of remdesivir manufacturing will be critical," said Gilead Sciences.
By Vincent Ryan | May 6, 2020
Read More
Boeing Raises $25B In Debt Offering, Says No Longer Needs Federal Aid
The Economy

Boeing Raises $25B In Debt Offering, Says No Longer Needs Federal Aid

Said Boeing: "The robust demand for the offering reflects strong support for the long-term strength of Boeing and the aviation industry."
By Vincent Ryan | May 1, 2020
Read More
Managing Through COVID-19: Six Imperatives for CFOs
Talent Management

Managing Through COVID-19: Six Imperatives for CFOs

CFOs must consider what needs to change in how a company operates and what opportunities can be seized during this time.
By Vincent Ryan | April 27, 2020
Read More
Over 1.6M Small Firms Get Corona Crisis Loans
Credit & Capital

Over 1.6M Small Firms Get Corona Crisis Loans

The Paycheck Protection Program has "enjoyed broad-based participation from lenders of all sizes and a wide array of industries and businesses."
By Matthew Heller | April 20, 2020
Read More
Next