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 without a single layoff. That all […]
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...
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...
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,...
The U.S. government’s Paycheck Protection Program (PPP) for small business coronavirus relief loans reopened on Monday for round two with a fresh $310 billion in the chamber, after the first round ran through $349 billion in 13 days. The second round of PPP expressly...
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