An exterior view of the Sweet Tomatoes restaurant, which has closed its doors on July 8, 2020 in Pembroke Pines, Florida. Johnny Louis | fake pictures As Covid-19 cases continue to rise in cities and states across the country, companies face a second wave of potential closings and layoffs. The …
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Pedestrian traffic is slowly returning to Brattle Street and Harvard Square in Cambridge, Massachusetts, but small local businesses still suffer from prolonged blockage of the coronavirus. Lane Turner / The Boston Globe via Getty Images EIDL loans The EIDL Advance program, created by the CARES Act, awarded emergency grants to …
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A firm co-owned by Speaker of the House of Representatives Nancy Pelosi was among many companies linked to lawmakers who got loans from the Payment Protection Program, according to data released Monday. Companies owned or associated with representatives Mike Kelly (R-Pa), Kevin Hern (R-Okla.), Markwayne Mullin (R-Okla.), And Rick Allen …
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Junior’s Cheesecake owner Alan Rosen told CNBC on Monday that restaurants would be in serious financial trouble if they had to reopen and then close again due to the coronavirus pandemic. “This opening and closing could be the death sentence for restaurants in this country,” Rosen said in “Power Lunch.” …
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Kanye West’s clothing and sneaker brand Yeezy received a loan from federal government pandemic rescue fund worth between $ 2 and $ 5 million, helping it save 106 jobs, according to data released by the U.S. Treasury Department on Monday. Yeezy, best known for his $ 250 sneakers, has just …
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