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CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs

CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs
CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs
August 03, 2020  |  SMBs

Howard Schultz, the former CEO of Starbucks Corp., and dozens of other top executives urged Congress to support small- to medium-sized businesses (SMBs), including providing...

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HSBC Sees Profits Fall As Bad Debts Top $6B
HSBC Sees Profits Fall As Bad Debts Top $6B
August 03, 2020  |  Banking

HSBC, Europe’s biggest bank, has seen its profits plunge in the first six months of 2020, squeezed by low interest rates and the COVD-19 pandemic,...

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What SMB Owners’ Personal Credit Card Dependency Means For The Recovery
What SMB Owners’ Personal Credit Card Dependency Means For The Recovery
August 03, 2020  |  SMBs

For a significant number of small- to medium-sized businesses (SMBs), navigating through the economic headwinds wrought by the pandemic, in plastic they trust. Get the...

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SMBs Switch Banks Post-PPP Experience
SMBs Switch Banks Post-PPP Experience
August 02, 2020  |  SMBs

When Fathom Unlimited Inc. needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank,...

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Can Kodak’s (New) Moment Last?
Can Kodak’s (New) Moment Last?
July 29, 2020  |  Markets

With a share price soaring hundreds of percentage points (so far) this week alone, Eastman Kodak is having a moment. Get the Full Story Complete...

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Hospitals Ask Congress To Forgive $100B In Medicare Loans
Hospitals Ask Congress To Forgive $100B In Medicare Loans
July 28, 2020  |  Healthcare

U.S. hospitals want Congress to forgive $100 billion in Medicare loans that were made earlier this year to help the healthcare system amid the coronavirus...

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Senators Want New PPP Program With Different Guidelines
Senators Want New PPP Program With Different Guidelines
July 28, 2020  |  Loans

It’s looking increasingly likely that Congress will vote on a new round of COVID-19 stimulus funding, with the Paycheck Protection Program (PPP) an increasing area...

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Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit In Australia
Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit...
July 27, 2020  |  News

In today’s top news, economists say the U.S. economy could take two years to recover, and Google faces a lawsuit in Australia over its use...

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