Partners

Boeing hires Lazard, Evercore to assess government aid, says source

Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or private sector loans, a person briefed on the matter confirmed on Friday.

As Russia and Saudi Arabia Retreat, U.S. Oil Industry Avoids the Worst

HOUSTON — The American oil industry may have dodged a bullet. Russia and Saudi Arabia — which only a month ago hoped to undercut American producers — have retreated from threats to pump more oil into the already-saturated market. 

Virus derails Myanmar’s move to open stock market to foreigners

The novel coronavirus outbreak has derailed Myanmar’s move to open its stock market to foreign investors.

Lenders struggle to deliver virus relief to small business

Lenders face continued difficulties in issuing financing under the $349 billion small business relief effort the Trump administration launched a week ago in response to the coronavirus outbreak, leaving mom-and-pop firms at growing risk of failure.

5 Tips for Small Business Owners Applying for Emergency Loans

Here are the latest updates on Paycheck Protection Program loans and other emergency small business funds.

5 Steps to Choose the Right Successor

To future-proof your company, don't pick a leader who follows in your footsteps

Coronavirus: Lego is producing 13,000 face visors a day for healthcare workers

The toy company Lego is using its resources to build protective gear for Danish healthcare workers on the frontlines of the coronavirus pandemic.

Treasury says larger airlines need to compensate taxpayers for coronavirus aid

Talks for the aid have blown past a Monday deadline to disburse up to $32 billion in grants to airlines and contractors to weather coronavirus.

Small businesses are still awaiting emergency loans

The low-interest loans are meant to save businesses with fewer than 500 employees — and prevent their workers from flooding unemployment offices. So far, the rollout has been rocky.

When are stimulus checks being sent out? How to keep tabs on yours

The IRS is launching a tracker for the ‘economic impact payments’ of up to $1,200 that it’s sending to most Americans.

Millions filed for unemployment, but many are still waiting for cash

A shocking 16.8 million people filed for U.S. unemployment benefits in the last three weeks as the country shut down to stop the spread of the novel coronavirus, overwhelming state labor departments and creating a large backlog of pending applications.

USPS is in peril as coronavirus eats into mail deliveries

The Postmaster General had a dire warning for lawmakers this week, plus all the other transportation news you missed.

Cheap beef and wasted milk: US farmers struggle with virus

Milk dumped in fields and cattle prices plunging even as steaks stay expensive: The coronavirus pandemic is hitting American farmers hard. In line with environmental regulations, the couple loaded their excess milk into a manure spreader and dumped it on their fields.

Economists see uneven recovery, high unemployment through 2021

The trillions of dollars in cash and loans unleashed by the Federal Reserve and U.S. political leaders in recent weeks is likely to leave millions of additional Americans unemployed for an extended time, according to new economic forecasts.

Apple, Google Bring COVID-19 contact-tracing to 3 Billion People

Apple Inc. and Google unveiled a rare partnership to add technology to their smartphone platforms that will alert users if they have come into contact with a person with Covid-19. 

Quarantine bakers are making flour a hot commodity

An ongoing global pandemic has turned many into avid home bakers, forcing suppliers to ramp up production.

PayPal, Intuit QuickBooks approved to take part in small-business emergency loan program

The two companies are among the first non-bank, fintech companies to be approved for the Small Business Association's Paycheck Protection Program.

Honeywell renews $1.5 billion revolving credit agreement

Honeywell International Inc said on Friday it had renewed a revolving credit agreement for $1.5 billion, to be used for general corporate purposes when needed.

3M sues New Jersey company over alleged price gouging

A New Jersey company allegedly tried to sell $45 million of respirator masks at inflated prices.