Apr 21, 2020
A deal to provide additional pandemic relief for small businesses, hospitals and others appears set to get through Capitol Hill in the coming days and then become law later this week. On Tuesday, Senate Minority Leader Chuck Schumer said in an interview that “we have a deal” with just a few outstanding I’s to dot […]
Apr 20, 2020
The initial $349 billion pool for the government’s Paycheck Protection Program ran out last Thursday after just 13 days, and when the dust had settled, many people expressed outrage to learn that large restaurant chains including Ruth’s Chris Steak House, Shake Shack,...
Apr 20, 2020
Howard Schultz argues that coronavirus stimulus for small businesses should pack a much bigger punch, warning that wealth inequality will be much greater after the coronavirus crisis if small businesses don’t survive. The Trump administration and Congress are...
Apr 17, 2020
Procter & Gamble’s sales rose 10% in its third quarter, which ended in March, thanks to American consumers stocking up on staples like toilet paper heading into the coronavirus lockdown. That suggests that in April, as the pandemic continues and such products...
Apr 17, 2020
Just as the $349 billion set aside to help small businesses hurt by the coronavirus shutdown exhausted its funds Thursday, more questions were being raised about how the federal government intends to extend more aid to prevent more jobs from being lost. Among those...
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