These restrictions on coronavirus loans may surprise business owners
Thousands of business owners have received coronavirus aid through the Economic Injury Disaster Loan program. The terms may catch some off guard.
Thousands of business owners have received coronavirus aid through the Economic Injury Disaster Loan program. The terms may catch some off guard.
As the spring semester comes and goes, the future looks even more uncertain for colleges and universities across the country.
British department store group Debenhams has cut "hundreds" of head office jobs as it slims down its administrative functions to support a smaller business in the future, two people with knowledge of the situation told Reuters.
Dollar Tree Inc reported a surge in quarterly same-store sales on Thursday, joining rival Dollar General , as the discount retailer benefited from consumers stockpiling on groceries and other essentials due to the coronavirus crisis.
Sonic Automotive Inc , which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then it changed its executives' pay packages - handing them a multimillion-dollar windfall.
Dollar General Corp reported its biggest rise in quarterly sales in at least 14 years on Thursday, benefiting from a surge in demand from customers stocking up on groceries and household essentials amid the COVID-19 pandemic.
LATAM Airlines and Avianca Holdings survived the Great Depression, but just a few weeks of quarantines forced both companies into bankruptcy, marking Latin America as the world's top spot for airline financial ruin.
Potential breaches of market rules have spiked since traders began working from home in March, drawing scrutiny from regulators and piling pressure on banks to plug "black holes" in surveillance systems, industry officials say.
Several factors determine how unpaid obligations are treated at death, including the type of debt and whose name is on it, as well as applicable state laws.
French carmaker Renault said on Thursday that losses at its Japanese partner Nissan , in which it has a 43% stake, would drag on its on net earnings by 3.6 billion euro ($3.96 billion) in the first quarter.
General Motors Co and Ford Motor Co are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the coronavirus pandemic.
Amazon.com Inc plans to offer permanent jobs to about 70% of the U.S. workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic, the company told Reuters on Thursday.
U.S. President Donald Trump is once again beating predecessor Barack Obama in stock market performance following a stunning recovery on Wall Street.
Nissan Motor Co intends to close its Barcelona main plant and two nearby facilities starting from December 2020, but it will keep open two facilities in northern Spain, the chairman of Nissan in Europe, Gianluca De Ficchy, said on Thursday.
Nissan Motor Co outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.