J2 Global Inc., a cloud service company and website operator, said the owner of a company it purchased was not a director — though public documents show he was on the board of one of the company’s subsidiaries. J2 Global was accused by New York–based Hindenburg Research, a short-selling investment …
Read More »Dispatches from a Pandemic: ‘I have a mortgage to pay’: Sex workers banned from small-business loans under CARES Act due to ‘prurient sexual nature’
Like many self-employed Americans, Andre Shakti has lost most of her income over the past few weeks. Most of the clients who used to see her in person have stopped calling, the business where she worked as an independent contractor is closed, and a conference she co-organizes has been canceled. …
Read More »Market Extra: Under Fed’s new criteria, Equifax, Nasdaq and Tiffany & Co. are ‘Main Street’ companies
Equifax Inc., Nasdaq Inc. and Tiffany & Co. aren’t typically the kind of names associated with the troubles faced by Main Street businesses. But they now are among the more than 100 companies in the S&P 500 index that would fit the Federal Reserve’s expanded criteria unveiled Thursday to help …
Read More »Futures Movers: Oil prices climb as key OPEC+ production conference set to get under way
Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia. Investors bid the price of crude up on Wednesday in anticipation of a pact between …
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