Tuesday, October 26, 2021

Consumer protection group looks to increase transparency for small business loans

Ting Shen/Bloomberg via Getty ImagesThe Consumer Financial Protection Bureau proposed a rule Wednesday to raise transparency around loans for small businesses.If finalized, the federal agency's rule would require lenders to collect and report more data about credit applications from small businesses, including demographic and pricing data and reasons for

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Number of worker shifts falls in August as delta variant weighs on small businesses

Michael Lee | Moment | Getty ImagesFewer small businesses were open and hourly employees working in August from July, indicating that the Covid-19 delta variant may be dampening the U.S. economic recovery, according to data from Homebase, which supplies employee scheduling software to employers.The number of employees working dropped

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Stocks making the biggest moves midday: Uber, Apple, Wells Fargo and more

Air travelers wait in the ride share lot near a sign for Uber at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California.Mario Tama | Getty ImagesCheck out the companies making headlines in midday trading.Ambarella — Shares of the semiconductor company surged 20% after Ambarella

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Paytm to transfer online payments biz to subsidiary

Digital payments and financial company Paytm is looking to hive off its payment aggregator business into a new subsidiary Paytm Payments Services Limited, according to a notice sent to shareholders for approval. The company is seeking approval of the same from its shareholders through an extraordinary general meeting on September

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Atal Pension Yojana subscriber count cross 3.30 cr mark; 28 lakh new additions in FY22: PFRDA

The number of subscribers of the government's Atal Pension Yojana (APY) crossed 3.30 crore-mark by August 25, the Pension Fund Regulatory and Development Authority (PFRDA) said on Wednesday. More than 28 lakh new APY accounts have been opened during the current financial year. Overall, enrolments under APY crossed 3.30

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Stocks making the biggest moves premarket: Campbell Soup, PVH, Ambarella, CrowdStrike and others

Check out the companies making headlines before the bell:Campbell Soup (CPB) – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share,

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A fake Banksy NFT sold for more than $300,000. Then the buyer got his money back

An exhibition of works of the artist Bansky in Rome, Italy.Samantha Zucchi | Insidefoto | Mondadori Portfolio via Getty ImagesThe website of street artist Banksy briefly directed users to an auction for a work of digital art that sold for more than $300,000. The problem? It wasn't authentic.A web

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Non-bank lenders eye electric vehicle financing to grow business

Non-bank lenders are eyeing the electric two-wheeler space to grow disbursements. is tying up with Ola Electric which recently unveiled electric scooters ranging upwards of Rs 1 lakh. Hero Electric also partnered with two-wheeler life cycle management company Wheels EMI for offering easy financing options to customers. “We believe

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