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Show Me the Money: The SBA has approved over $5 billion in small business relief loans in the first week since reopening the Paycheck Protection Program (PPP). Reuters

Best Laid Plans: Office Depot has rejected a $2.1 billion buyout offer from Staples, but is keeping the door open to a joint venture or a sale of its B2C operations. Fox Business

Disconnected: After losing $4.5 billion over the last five years, LG is considering selling, downsizing or shutting its mobile phone business. The Verge

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YourSource News is the news and information platform of BrandSource, the leading merchandising organization for independent appliance, home furnishings and consumer tech dealers. Its parent company, AVB, is a $20 billion member-driven co-op that provides merchandising, financing and digital marketing services to nearly 5,000 independent dealers in the U.S. and Canada. BrandSource’s affiliates include ProSource (consumer tech and custom integration); TRIB Group (rent-to-own); Mega Group (Canada); and HFA Buying Source, serving home furnishings dealers nationwide.

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