Jun 18, 2020
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 […]
May 20, 2020
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...
May 11, 2020
Shifts in how people consume, shop and travel due to COVID-19 could benefit small cap companies, says one market expert. “It’s been the small caps that actually outperformed percentage wise last week, and a big part of the reason is that there are a bunch of stocks in...
May 6, 2020
A bipartisan group of senators is urging the Trump administration to allow businesses to spend less of their Paycheck Protection Program loan on payroll and still qualify for forgiveness. Under the current rules, a business can only spend 25% of the PPP loan on...
Apr 29, 2020
Controversy abounds over the Paycheck Protection Program — $660 billion in coronavirus relief made available to small businesses through bank loans — over how the first round of money ran out in just 13 days and why some of it went to the L.A. Lakers and Shake Shack,...
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