The Fed expands its $600 billion lending program for struggling businesses but leaves start date unannounced

The Federal Reserve announced Thursday it will expand its Main Street Lending Program to include mid-sized companies and those with greater leverage.
The central bank expanded program eligibility to businesses with 15,000 employees or $5 billion in revenue, up from the 10,000 employee and $2.5 billion limits.
The Fed didn't provide a start date for the relief program, adding that it would be announced "soon."
A separate aid program for nonprofit organizations is under consideration, the Fed said