Coronavirus

FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut
Michael Cohn
June 4, 2020 4:22 PM

The pandemic and the new accounting standard are leading to lower regulatory capital ratios at global investment banks, according to a new report.

3 Min Read
Yvette Shields
June 4, 2020 4:18 PM

The state's ratings, just one rung above junk, are holding steady after analysts' initial review of a fiscal 2021 budget that pins hopes on future federal relief.

7 Min Read
Paul Burton
June 4, 2020 12:52 PM

Chairman Patrick Foye said the designation will better position the authority to cope with the revenue loss from the coronavirus pandemic.

3 Min Read
The New York State Capitol Building in Albany
Judy Vorndran and Stacey Roberts
June 4, 2020 12:00 PM

The financial landscape is looking worse than lawmakers expected, sending states to ferret out every opportunity to expand, demand, and open new and broader tax pipelines. No business will be spared.

1 Min Read
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By Erik Wasson, Laura Litvan and Mark Niquette
June 4, 2020 10:03 AM

The bill, which passed the House last week on a 417-1 vote, now heads to President Donald Trump’s desk for his signature.

4 Min Read
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Dave Martin
June 4, 2020 9:23 AM

Digital banking has ramped up during the coronavirus lockdown but customers will seek somewhere to go as cities reopen. A branch could provide that safe haven.

3 Min Read
Michael Moeser
June 4, 2020 9:00 AM

The coronavirus pandemic has changed the way many industries conduct business — and that's especially true of the legal cannabis industry, which was already struggling in the U.S. to find the best way to handle noncash payments.

3 Min Read
Visitors at Shanghai Disneyland
John Adams
June 4, 2020 12:01 AM

Walt Disney Co. has at least temporarily cut several reservation and incentive features tied to its closed loop payment system, revealing the complexities of mixing health guidance with tourism.

4 Min Read
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Michael Cohn
June 3, 2020 5:44 PM

The payroll provider has been partnering with accountants to help them secure loans for their small businesses.

5 Min Read
Sign in front of IRS building in Washington, D.C.
IRS
Michael Cohn
June 3, 2020 3:20 PM

The Internal Revenue Service is giving retirement plan participants and beneficiaries some added flexibility during the COVID-19 pandemic to remotely sign or have their retirement plan elections notarized.

2 Min Read