Coronavirus

Paul Burton
April 21, 2020 12:41 PM

The state doesn't expect any short-term borrowing to cover the current fiscal year, Gov. Ned Lamont said.

2 Min Read
Penny Crosman
April 21, 2020 12:32 PM

John Pitts, policy lead for Plaid, has some ideas to ensure Paycheck Protection Program legislation set to be voted on this week targets the companies most in need of a cash infusion.

5 Min Read
FASB chairman Russell Golden
Michael Cohn
April 21, 2020 11:52 AM

The proposal would delay the effective date for one year for some private companies and nonprofits in applying the leases standard and for franchisor businesses in applying the revenue recognition standard.

3 Min Read
“This impact is broad and it's really across all markets in almost all industries, not just those that are dealing with social distancing sort of disruption,” said Comerica CEO Curt Farmer.
By Jon Prior
April 21, 2020 11:22 AM

Rather than selling off assets at a steep discount, the Dallas company is considering taking equity positions in energy firms struggling to make loan payments in the wake of collapsing prices.

3 Min Read
April 21, 2020 11:06 AM

In a down economy, international planning is even more important.

7 Min Read
Michael Moeser
April 21, 2020 10:35 AM

Discover transitioned all of its 8,000 U.S.-based call center personnel to work from home within a matter of days after the U.S. declared a national emergency on March 13. By March 20, Discover had 95% of its agents working from home using a thin-client device to emulate their call center desktops.

3 Min Read
AICPA building in Durham, N.C.
Michael Cohn
April 21, 2020 10:28 AM

The American Institute of CPAs’ Auditing Standards Board has decided to defer the effective dates of seven of its recently issued Statements on Auditing Standards because of the novel coronavirus pandemic.

4 Min Read
Art Kuesel
April 21, 2020 9:00 AM

You can still reach out to prospects even in the midst of the coronavirus pandemic.

3 Min Read
Michael Moeser
April 21, 2020 12:01 AM

With more people sheltering at home and grocery stores limiting access, Domino's is seeing a surge in demand for its pizza — and a need to pay delivery drivers their tips and wages after each shift at a time when the credit card orders outpace the cash on hand at each store.

2 Min Read
Penny Crosman
April 20, 2020 9:00 PM

Venture capital investment has plummeted in many coronavirus-ravaged economies, but larger, profitable fintech firms with the right digital products might still score funding.

6 Min Read