Wall Street titans lobby for a cut of small business bailout

Private equity and venture capital firms are worried that companies they own will be blocked from obtaining loans because of SBA rules. Some of the richest firms in the business world — private equity companies and venture capitalists — are lobbying for their piece of...

U.S. sues to force Altria to unwind investment in Juul

The U.S. Federal Trade Commission said on Wednesday it had filed a complaint aimed at forcing Marlboro maker Altria Group to sell its investment in e-cigarette maker Juul Labs Inc. The FTC has probed Altria’s decision to buy a 35% stake in Juul, announced in December...

Elon Musk’s SpaceX bans Zoom over privacy concerns

Elon Musk’s rocket company SpaceX has banned its employees from using video conferencing app Zoom, citing “significant privacy and security concerns,” according to a memo seen by Reuters, days after U.S. law enforcement warned users about the security of the popular...