Amid reports of problems as the Paycheck Protection Program began to roll out on Friday, one of the key negotiators of the $2.2 trillion deal acknowledged “there will be some glitches,” but he remained confident that the money would reach struggling small businesses soon enough. I “talked to Secretary Mnuchin twice today,” said House Minority […]
The Trump administration’s emergency $349 billion Paycheck Protection Program to help small businesses cover their payroll costs was set to roll out on Friday, with banks accepting applications from businesses slammed by coronavirus. (Applicants must have fewer than...
On Friday, banks across the U.S. will begin accepting applications for low-interest and forgivable loans from small businesses under pressure due to COVID-19. While small businesses can use loans for a number of purposes under the new coronavirus stimulus law, the...
The deadly and rapidly spreading COVID-19 outbreak has been wreaking havoc on companies around the world. Nevertheless, some companies — including online pet product retailer Chewy (CHWY) — have emerged as winners amid the chaos. Here were the main numbers for Chewy’s...
Fanatics, the privately-held sports apparel unicorn valued at $4.5 billion, is the official retailer of licensed merchandise for all the major U.S. sports leagues, including the NFL, NBA, NHL, MLB, MLS, and PGA Tour. But there are no sports right now, as all the major...
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