4/09/2020 - Small business loans

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Things happen

Fed to Buy Junk Bonds, CLOs and Lend to States in New Stimulus. Bank of England to directly finance extra government spending. Saudis Take Big Stakes in European Oil Companies. Argentina puts off payments on $10bn in local-law debt. WeWork Skips Some Rent Payments as Coronavirus Undermines Revenue. Fed Eases Wells Fargo’s Asset Cap to Lend to Small Businesses Harmed by Coronavirus. U.S. SEC's Clayton Says Companies Seeking Bailouts Must Disclose Plans, Communicate With Investors. Bosses Stretch the Definition of Who Is ‘Essential’ — and Workers Take the Risk.