In today’s news: UK warns it would be ‘irresponsible’ to discuss easing lockdown. Spain sets out plan to lift its own tough measures. Donald Trump signals a halt to his daily media briefings as US death toll accelerates.

The US private sector shed a record 20m jobs in April as coronavirus lockdowns and the resulting closure of non-essential businesses led to historic joblessness

Airbnb takes on new debt as it adapts to a world without tourism, Apple announces a new entry-level iPhone and Google lowers Nest camera quality. Here’s your Daily Crunch for April 15, 2020. 1. Airbnb ups its debt by $1B amid the coronavirus travel crunch Airbnb has secured commitments of $1 billion for a syndicated […]

Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program, which provides aid in the form […]

It's a good question. And with the SBA PPP deadline looming, we sought out an expert to answer it.

 Achraf Hakimi has yet to agree a new deal with Real Madrid or seal a permanent switch to Borussia Dortmund, according to his agent.

Luis Suarez has been ruled out for four months after having a knee operation and Barcelona are desperate to find emergency cover for the forward this month.

Barcelona's efforts to sign Valencia striker on loan until the end of the season still have some way to go, with the Spanish giants baulking at a huge £50million obligation to buy clause.

WILL KELLEHER: Bristol have pulled off another transfer coup by signing young Saracens duo Ben Earl and Max Malins on loan for a year from next season.

England flanker Ben Earl has extended his Saracens stay until 2023 but will spend next season on loan at Bristol.

EXCLUSIVE: The future of Bolton Wanderers is close to being secured - thanks to a £2m loan from the Professional Footballers' Association. The club have been in administration since May 13.

Manchester United midfielder Ethan Hamilton is a loan target for Southend United. The 20-year-old box-to-box midfielder impressed on loan at Rochdale last season.

The former Liverpool midfielder has failed to make much of an impact at the Nou Camp since his £145m transfer from Liverpool back in 2018. He is currently out on loan at Bayern Munich.

The Moroccan international has developed into one of the most coveted full-backs in Europe after an impressive two-year loan stint at Borussia Dortmund from Real Madrid.

While Ole Gunnar Solskjaer's side are currently in fifth - potentially good enough for the Champions League if Man City are banned - the Blades are just two points behind them.

WILL KELLEHER: Bristol have pulled off another transfer coup by signing young Saracens duo Ben Earl and Max Malins on loan for a year from next season.

Maro Itoje has had a one-year loan move to French side Racing 92 blocked by Premiership Rugby clubs after Saracens relegation from the English topflight.

Liverpool will be offered the chance to sign Manchester United flop Radamel Falcao on loan this summer. The Colombian striker has disappointed since his loan to Old Trafford.

Radamel Falcao is heading to Chelsea this summer after Jose Mourinho vowed to get the former Manchester United flop ‘firing again’. Mourinho is looking to replace Didier Drogba.

Chelsea are closing in on a loan arrangement with Monaco for Radamel Falcao after further talks on Sunday. Mario Pasalic has been offered as a makeweight in the deal to the French side.

Loic Remy will consider his Chelsea future if Radamel Falcao completes his loan move from Monaco. Falcao is expected to join the Barclays Premier League champions on a one-year deal.

Premier League champions Chelsea are close to finalising the signing of Radamel Falcao on a one-season £7million loan deal from Ligue 1 club Monaco.

Mario Pasalic, who joined Chelsea last summer, travelled for his medical on Thursday and will sign for the Ligue 1 club on a temporary basis. He spent last season with La Liga outfit Elche.

Chelsea have signed Radamel Falcao on a season-long loan deal from Monaco, with Blues youngster Mario Pasalic moving in the opposite direction as part of the agreement.

Marco Asensio tore his cruciate ligament in Madrid's pre-season friendly victory over the Gunners following an innocuous challenge with Pierre-Emerick Aubameyang.

RIATH AL-SAMARRAI AT WIMBLEDON: Konta battled back from a set down to sink Stephens and reach the last 16 at Wimbledon. The British No 1 appeared to be heading to defeat but fought back.

Chelsea defender Jake Clarke-Salter will spend the season on loan at Birmingham after signing a new contract with the Premier League club.

The cost to banks of funding mortgages has leapt since Mr Trump's surprise win, and experts expect these rises to be passed on to homeowners.

Naseeb Chuhan, 21, from Leeds, was found hanged after his debts spiraled and his death has led to a coroner being asked to write to the FCA about students being handed dangerous loans.

The couple - who are worth £335million - are said to have used their firm, Beckham Brand Limited to take out the loan last year, which they are reportedly paying back over 10 years

Former acting-Lucchese family crime boss Matthew Madonna, 83, was alleged to have ordered a hit on Michael Meldish, the notorious leader of the Purple Gang who was murdered in 2013.

As soon as India’s central bank took this call on 27th March, many banks commenced the rollout of this fiscal measure even though they are not obligated to enforce this proposal.

O'Donnell claimed on the air that a source had told him 'the co-signers of Donald Trump's Deutsche Bank loans are Russian billionaires close to Vladimir Putin.' Trump's lawyers threatened to sue.

Sheffield United have managed to bring in defensive reinforcement on deadline day in the form of Bayer Leverkusen man Panagiotis Retsos.

This is the first earnings report released by SBI Cards and Payment Services since it was listed on the bourses in March 2020.In Q4 2020, SBI Cards’ profits fell by 66% compared to the same period last year, to ₹83.5 crore from ₹249 crore.The company also created a provision of ₹489 crore to account for the economic concerns arising due to the Covid-19 pandemic.On the flip side, SBI Cards’ asset quality improved, with its non-performing assets declining to 2.01% from 2.44% a year earlier.SBI Cards and Payment Services today posted its Q4 earnings (January-March 2020), revealing a fall of 66% in its profits to ₹83.5 crore, while its bad debts and impairment losses rose by 138% to ₹838 crore on a year-on-year basis. “Considering the possible effects from the pandemic relating to COVID-19, the

The company had three rice milling plants, besides eight sorting and grading units in Karnal district with offices in Saudi Arabia and Dubai for trading purposes, the SBI complaint said.

President Trump signed into law a $484 billion coronavirus relief bill that includes another $310 billion in funds designed to provide relief to small businesses.The Small Business Administration will resume accepting loan applications through the Paycheck Protection Program on April 27.Visit Business Insider's homepage for more stories.President Donald Trump signed into law a $484 billion coronavirus relief bill on April 24.The bill includes $310 billion in new funds for the Paycheck Protection Program (PPP), which was put in place to provide aid for small businesses.According to a statement released by Jovita Carranza, administrator of the Small Business Administration (SBA), and Treasury Secretary Steven Mnuchin, the SBA will begin accepting PPP loan applications again on Monday, April

US banks earned $10 billion in two weeks processing the loans from the government scheme to protect small businesses from financial ruin during the coronavirus crisis, according to an NPR report.The rescue plan worth $349 billion offered businesses loans of up to $10 million to thousands of US companies and were guaranteed by the federal Small Business Administration.The banks charged a transaction fee of 5% on loans worth less than $350,000, while on loans worth between $2 million - $10 million, the cost was 1%.The banks defended the massive windfall of loan transaction fees, saying that processing the loans involved complicated vetting procedures.Treasury Department guidelines are less rigorous than for regular loans, and the taxpayer provides the funding, so there is little risk for the

The Elzarka family has owned Beninni, a men's formal wear store in Hayward, California, for 30 years. The shop was forced to shut down in the coronavirus lockdown, and has tried and failed to get government assistance loans through the coronavirus relief package.Shady Elzarka, whose dad founded the store, struggled to access either the Economic Injury Disaster Loan Emergency Advance (EIDL) and relief from the Paycheck Protection Program (PPP).Elzarka for weeks heard nothing from the Small Business Administration, through which he applied for an EIDL, or from Bank of America, where he applied for the PPP loan.Meanwhile much larger companies did not struggle to access government funding, some of which public pressure forced them to hand back.After Business Insider contacted Bank of America for

Christina Stembel founded her floral company, Farmgirl Flowers, in her dining room in 2010, using her personal savings and a cash-back credit card to cover business expenses.The company has since blossomed into a thriving startup that employed almost 200 staff members prior to the coronavirus.However, as the pandemic causes economic fallout worldwide, Stembel told Business Insider that the future of her company is uncertain.She said the process of applying for the first round of the Paycheck Protection Program, a government fund meant to help small businesses through the coronavirus pandemic, was frustrating and fruitless."I know that the intention of this program is to help small businesses, so let's change it to make sure this money does fall into the hands of small businesses," she said.Visit

When your company gets a PPP loan, it can affect you in several ways.First, you can still receive a paycheck if you choose not to return to the office — but this can affect your unemployment benefits.You're unlikely to get furloughed or laid off if your company received a loan, but it may decrease your pay rate — that said, some employers may choose to give raises to employees to entice them to come back to work.Visit Business Insider's homepage for more stories.You've probably read a lot about the government programs designed to help businesses stay afloat in an economy devastated by the COVID-19 pandemic. If your employer has received a Paycheck Protection Program (PPP) loan, that's good news. But you probably still have many questions: Will you be going back to work, when, and for how long?

Paycheck Protection Program, or PPP, loan approvals are more concentrated in areas with existing small business-bank partnerships instead of regions hit hardest by the coronavirus, Federal Reserve Bank of New York economists wrote Wednesday. Virus hotspots including New York, New Jersey, Michigan, and Pennsylvania are receiving fewer PPP loan approvals per small business than less-affected states.The economists found "strong similarity" between states with high proportions of small business-bank financing relationships and PPP loan issuance.States with larger shares of community banks also issued a greater proportion of relief loans, the Fed found.Visit Business Insider's homepage for more stories.Emergency loans issued by the Small Business Administration have been more concentrated in areas

Maro Itoje has had a one-year loan move to French side Racing 92 blocked by Premiership Rugby clubs after Saracens relegation from the English topflight.

In situations like the coronavirus pandemic, infectious disease doctors are indispensable experts who help us better understand viruses and the steps that society can take to mitigate damage.Infectious disease specialists are some of the lowest paid physicians in the US, according to data from Medscape."There are not enough people like me in the world right now," Dr. Emily Landon, an infectious disease specialist at University of Chicago Medicine, told Business Insider. "It's hard to pay off your medical school loans in this kind of a job.""The greatest barrier to going into our field is the financial concerns," said Dr. Thomas File, Jr., president of the Infectious Disease Society of America.Read live updates about the coronavirus here.Experts who can help protect the world against viral

Alan Pardew has recruited Cardiff City striker Omar Bogle on loan until the end of the season as he aims to keep relegation-threatened ADO Den Haag in the Eredivisie.

Wolves defender Dion Sanderson is attracting interest from the Molineux side's rival Premier League clubs following an impressive start to his loan at Cardiff City in the Championship.

Yes Bank reported a net loss of ₹3668.33 lakh during the fourth quarter.Between 40% to 45% of its borrowers have opted to exercise the three-month moratorium on loan repayments issued by the Reserve Bank of India.The bank expects deposits to erode further once the moratorium lifts and its customers withdraw their funds to pay off loans.Over the last year, Yes Bank deposits half shrunk to half their original size.Yes Bank posted a net loss of ₹3668.33 lakh in its fourth-quarter earnings amounting to a total loss of ₹16,418 crore for the financial year 2019-20. However, with the onset of the coronavirus pandemic and the ensuing lockdown, the bank is far from being out of the woods just yet. “The extent to which the COVID-19 pandemic will impact the bank's future results will depend on related

ICICI Bank’s fourth-quarter core operating profits are in the green at ₹1,221.36 crore, a jump of 26% over the Jan-March quarter. For the entire year, the bank’s profit after tax grew by 136% to ₹7,931 crore.Even though many expect the ratio of bad loans to increase in the near term once the Reserve Bank of India’s (RBI) moratorium on repayment of loans ends, ICICI Bank’s net non-performing assets (NPAs) decreased from 2.06% in March 2019 to 1.41% in March 2020.

Blackburn Rovers have completed the loan signing of Nottingham Forest striker Ben Brereton on an initial loan which can be made permanent on January 1, 2019.

The towering centre back was going to find chances hard to come by under Pep Guardiola at City and so he has returned to the Championship on loan, having spent last season at West Brom.