Certain small-business owners may be able to apply for a second Paycheck Protection Program loan if a new bill introduced on June 18 becomes law. The legislation, called the Prioritized Paycheck Protection Program (P4) Act, would allow businesses with fewer than 100 employees to apply for a second loan if they have used up (or […]
The Strand Book Store in New York City has stood as a source of pride for the Bass family for 93 years. With its famous slogan “18 Miles of Books,” the Manhattan shop has weathered the Great Depression, survived 9-11, and gone to battle with Amazon (AMZN) — all...
Congress has now passed four significant pieces of legislation to try to blunt the effects of the coronavirus pandemic and rush help to the U.S. economy. It’s still not getting to most small businesses, says the mayor of Newark, N.J. “Honestly, very few of the...
Businesses in minority communities hardest hit by the COVID-19 pandemic are weary of the prospects for a quick recovery, even with the help of the Paycheck Protection Program loans. Carver Bancorp. (CARV), the largest African-American operated bank in the country, has...
American businesses deemed non-essential and struggling to survive during the COVID-19 outbreak are filing lawsuits to challenge the constitutionality of government-forced closures. One such challenge is now before the U.S. Supreme Court. On Monday, the high court...
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