Tuan Ngo seemed to be at a dead end this weekend as he tried to apply for emergency loans for his nail salon business in Washington state, which has been shuttered since the novel coroanvirus pandemic struck and social distancing measures were implemented to stop the spread. Like so many small-business owners across the country,…
Trump has signaled support for some of the ideas that Democrats back, such as expanded help for small-business owners and new bailout checks for households. Republican leaders, meanwhile, have also called for more corporate aid and money to boost the overwhelmed health-care system. The rushed effort comes as the economy’s fortunes appear tethered to political…
Across the U.S. banking industry, officials scrambled overnight to stand up a massive new government-backed lending program to help small businesses ravaged by the coronavirus pandemic and many were unable to make it happen by the Friday deadline given that the Treasury Department released its guidelines for the loans late Thursday night. The $350 billion…
U.S. companies shed 27,000 jobs in March, according to a private survey, a figure that mostly reflected the economy as it stood before the full impact of the viral outbreak By CHRISTOPHER RUGABER AP Economics Writer April 1, 2020, 1:13 PM 2 min read 2 min read Share to FacebookShare to TwitterEmail this article WASHINGTON…
“I’ve been indoors for 70 days. Today is the first time that I came outside,” one woman who ventured into a mall this week told local television. “I feel as if I have been separated from the outside world for ages.” Wuhan’s airport is due to reopen next week, and residents will be allowed to…
Reacting to Sen. Bernie Sanders’ surge in national polls and success in the early-voting states, Fox Business anchor Stuart Varney said on Tuesday that “there’s no way on God’s green Earth” that “a socialist will beat President Trump in an election.” “It’s not going to happen,” he added during an appearance on “Fox & Friends” on Tuesday. The self-described…
Federal authorities say they have conducted searches at the Memphis home and business addresses of Democratic state Sen. Katrina Robinson By ADRIAN SAINZ and JONATHAN MATTISE Associated Press February 21, 2020, 9:56 PM 2 min read MEMPHIS, Tenn. — Federal authorities in Tennessee conducted searches Friday at the home and business addresses of Democratic state…
The allegations include stealing intellectual property and bypassing sanctions. February 13, 2020, 10:35 PM 4 min read Federal authorities hit Huawei with racketeering, conspiracy to steal trade secrets and a litany of other charges Thursday in the latest escalation of tensions between the U.S. and the Chinese telecom giant. The allegations announced by the Department…
Yang said he had not decided whether to endorse another candidate, though campaigns have reached out. “If I become persuaded that there’s a particular candidate that gives us a superior chance of beating Donald Trump, and I think it’s important to make that opinion known, then I would consider it for sure,” Yang said. He…
“There’s way more hate in this business than there ever used to be,” Heck said in an interview with CNN this week. Heck has represented Washington’s tenth district in Congress since 2013 and before that served as a member of the Washington state House of Representatives. The congressman has been on the front lines of…