Senate passes bill to extend PPP application deadline for small businesses

Coronavirus’ PPP ‘overlooked’ some small businesses: Business owner OTR Media Group President and CEO Sherard Duvall says his small media-production business applied for loans from seven lenders and still hasn’t received any government aid. Lawmakers in the Senate passed a bill Tuesday to extend the window for business owners to apply for a loan through […]

Italy’s Newest Political Party Wants to Pull Country Out of EU

If Senator Gianluigi Paragone had his way, Italy would pull out of the European Union and free itself of the euro. Paragone, who cut his teeth in politics as a member of the anti-establishment Five Star Movement, told Bloomberg in an interview Monday that he’ll launch his new, upstart party in mid-July — and that […]

Premium Bonds: NS&I rules on what happens to bonds when you die

Premium Bonds, a lottery system run by the National Savings and Investments company, operates a prize draw each month, with the top prize standing at a staggering £1 million. The lottery bonds are paid into by the government, and a monthly prize draw then provides selected bond holders with a payout. Because Premium Bonds are a type of lottery […]

MGM Takes Stake In Audio Up, A Podcast Producer And Network

EXCLUSIVE: With podcasting continuing to surge as a form of media and entertainment, and audio properties increasingly of interest to the film and TV business, MGM is taking a stake in a new entrant in the field called Audio Up. The company was founded by Jared Gutstadt, former founder and CEO of the audio agency […]

GM cleared in UAW corruption probe

UAW president resigns: Report FOX Business’ David Asman and Kristina Partsinevelos, former investor Carol Roth, columnist Liz Peek and Kingsview Asset Management’s CIO Scott Martin discuss Gary Jones’ departure as the president of the UAW and bribes the UAW allegedly accepted from Fiat Chrysler. The Justice Department has cleared General Motors from a years-long […]

Just as Virus Deaths Soar, Brazilians Begin to Lift Quarantine

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Brazilians are resuming a measure of normal life just as Covid-19 deaths are spiking to hundreds per day, turning their country into a global hotspot. States like Santa Catarina […]

Barrack Says Real Estate in ‘Chaos’ as Laws Waived on Rent, Debt

Tom Barrack said the U.S. property market is in “chaos” and still on the verge of collapse because the federal government and local authorities are allowing renters and homeowners to skip payments because of the coronavirus. “We haven’t had a crisis like this,” Barrack, chief executive officer of Colony Capital Inc., said in an interview […]

Morgan Stanley warns of more pain ahead as coronavirus bites profits

Fox Business Flash top headlines for April 16 Fox Business Flash top headlines are here. Check out what’s clicking on Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below Morgan Stanley Chief Executive Officer James Gorman warned that the bank would take "longer […]