Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Small-business owners have until Aug. 8 to apply…
Jovita Carranza, administrator of the U.S. Small Business Administration, speaks as Steven Mnuchin, U.S. Treasury secretary, listens at a House Small Business Committee hearing in Washington, D.C.Erin Scott | Getty ImagesThe federal government is about…
GOP HEALS Act gives some businesses a second…
Cash-strapped entrepreneurs who took a federal Paycheck Protection Program loan and are running out of funding may get a second infusion of liquidity.The Senate's HEALS Act, the Republican proposal for another round of coronavirus relief…
China’s banks brace for more bad loans as…
The skyline of the Lujiazui financial district in Shanghai, China.Hector Retamal | AFP | Getty ImagesChinese banks have so far emerged relatively unscathed as the coronavirus pandemic hit economies around the world — but that could change…
De Niro-backed Nobu restaurants took more than a…
Robert De Niro (L) and chef Nobu Matsuhisa appear during a preview for the Nobu Restaurant and Lounge Caesars Palace on February 2, 2013 in Las Vegas.David Becker | Getty ImagesThe Nobu group of luxury…
Wealth management firms among those that have taken…
Natasha Alipour Faridani | DigitalVision | Getty ImagesThe government's release of data on businesses that have participated in the Paycheck Protection Program confirms what many in the financial advice industry already knew: Wealth management firms…
Quicken Loans, the largest U.S. mortgage lender, is…
Dan Gilbert, CEO, Quicken LoansAnjali Sundaram | CNBCQuicken Loans, the largest mortgage lender in America, is planning an initial public offering, according to people familiar with the matter. The company, founded and owned by Detroit-billionaire Dan…
These restrictions on coronavirus loans may surprise business…
Closed signs hang on a fast food restaurant amid the coronavirus pandemic on April 24, 2020 in New York City, United States. COVID-19 has spread to most countries around the world, claiming over 196,000 lives…
Facing liquidity crunch due to Covid, promoters and…
Mumbai: Tight liquidity could see scenarios of fund diversion, round tripping and evergreening of loans in a desperate bid by some companies to beat the economic headwinds from the Covid-19 crisis, a PwC report said.…