It is not illegal for lawmakers to request or accept money from the Paycheck Protection Program, and each office that responded to a request for comment for this story emphasized that members had no role in the application process and that companies or Nonprofit organizations took the loans legally in …
Read More »These are the main media companies that received coronavirus relief loans
Dozens of media companies have received coronavirus relief loans from the Paycheck Protection Program (PPP) in recent months, according to data released Monday by the Small Business Administration and the Treasury Department. The loan program, established by Congress in late March to boost small businesses during the pandemic, has distributed …
Read More »CEOs of Amazon, Facebook, Apple and Google will testify before the House on July 27
(Bloomberg) – CEOs of Amazon.com Inc., Facebook Inc., Alphabet Inc. and Apple Inc. will testify on July 27 before a congressional panel investigating competition in the tech industry, according to an announcement by the Chamber Judicial Committee. Jeff Bezos, Mark Zuckerberg, Sundar Pichai, and Tim Cook are likely to face …
Read More »More than 1,400 advisers received US stimulus loans of at least $ 150,000
July 6, 2020 by AdvisorHub staff The | The | The | According to the Small Business Administration, more than 1,400 financial advisory firms received potentially forgivable government-backed Paycheck Protection Program loans of at least $ 150,000. The government on Monday revealed the names of the advisory firms among a …
Read More »Pompeo says the United States is ‘watching’ the ban on TikTok and other Chinese social media apps
Pompeo suggested the possible move during an interview with Laura Ingraham of Fox News, adding that “we are taking this very seriously.” Ingraham asked Pompeo if the United States should consider banning Chinese social media apps, “especially TikTok.” “Regarding Chinese applications on people’s cell phones, I can assure you that …
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