Executives who have been waiting for a converged lease-accounting standard are beginning to suspect they will have to wait even longer. The Financial Accounting Standards Board has delayed a revised exposure draft until May, but suspicion is growing that it might not be unveiled until June.
Small-business loans outstanding increased in the fourth quarter compared with Q3, the first gain since the Federal Deposit Insurance Corp. began tracking loans quarterly in 2010. The amount reached $586 billion, up from $584 billion in Q3. Still, the overall level suggests small-business lending is weak, and other surveys indicate continued cautiousness among borrowers.