Stories tagged: "small businesses"


Democratic presidential candidate, former Vice President Joe Biden pauses during a roundtable on economic reopening with community members, Thursday, June 11, 2020, in Philadelphia. (AP Photo/Matt Slocum)
Inside Joe Biden’s Ambitious Plan to Reopen the Economy

Biden’s plan would include federally-funded testing and PPE for all workers called back to their jobs, guaranteed paid sick leave for workers affected by COVID-19, and the creation of a contact tracing jobs program of at least 100,000 workers.

AP Photo/Matt Rourke
Big Companies — Not Small Businesses — Made Bank Off of Trump’s Paycheck Protection Program

Nearly 400 publicly traded companies received almost $1.3 billion in loans intended to help small businesses survive, according to an independent analysis of financial record filings.

Image via House Television via AP
Here’s What’s in the Latest Coronavirus Relief Bill

President Donald Trump will be holding a signing ceremony Friday for a bill providing a nearly $500 billion infusion of coronavirus spending, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs.

AP Photo/Charles Krupa
Small Businesses Warn Loan Program Is Not Enough to Help Them Rehire Employees

The Paycheck Protection Program promises a business owner loan forgiveness if they retain or rehire all the workers they had in late February. But owners say the equation isn't so simple, in part because of current economic conditions and partly due to the terms of the loans.

AP Photo/Andrew Harnik, File
Lawmakers Reach Deal to Boost the Small-Business Loan Program That Ran Out of Money Last Week

Senate Democratic Leader Chuck Schumer said Tuesday agreement has been reached on major elements of a nearly $500 billion coronavirus aid package for small businesses, as well as additional help for hospitals and virus testing.

AP Photo/John Minchillo, File
Restaurant Chains Like Ruth’s Chris — Not Small Businesses — Are Getting a Bunch of That Relief Money

Restaurant chains Shake Shack, Ruth's Chris Steakhouse and Potbelly's announced last week they'd obtained loans worth a combined $40 million.

Image via Shutterstock
This Woman’s Story Shows What a Failure the Government’s Small Business Bailout Has Been

Less than two weeks after the Paycheck Protection Program opened on April 3, the program Laurel Hess applied to for help had all but run out of money.