Nov 20 France postpones ‘Black Friday’ to help locked-down shops By Associated Press The deal struck Friday to postpone “Black Friday” comes amid broad concerns that French shops shuttered by the nation’s coronavirus lockdown are hemorrhaging business. Continue reading
Aug 06 Watch 7:43 During economic collapse, business owners with criminal records are haunted by their past By Paul Solman, Sam Lane American businesses suffering through the pandemic’s economic fallout have received hundreds of billions of dollars in federal loans since the Paycheck Protection Program opened this spring. But accessing that funding was challenging for business owners with criminal records. Economics correspondent… Continue watching
Apr 27 Watch 9:43 What businesses and consumers think about state moves to reopen Weeks into the social distancing driven by the COVID-19 pandemic, some states are beginning to lift restrictions -- while others are extending them. How do business owners and customers feel about the decision to reopen? John Yang talks to Bill… Continue watching
Apr 23 Legal battles loom as businesses hit by virus sue insurers By Michael Tarm, Associated Press The Billy Goat Tavern and millions of other shuttered businesses nationwide have turned to their insurers to help recoup their losses following state-mandated closures, but insurers have widely rejected the claims. Continue reading
Apr 21 Criminal records shut small business owners out of aid program By Jill Colvin, Associated Press The Paycheck Protection Program is supposed to be a lifeline for small businesses, but government guidelines say that businesses are ineligible if anyone who owns the company is incarcerated, under indictment, on probation or parole or had been convicted of… Continue reading
Apr 19 Watch 3:58 Small businesses languish amid aid package debate Congressional leaders and White House officials say an additional $400 billion to aid businesses, hospitals and communities could be approved as soon as this week, as the coronavirus continues to shut down much of the country’s economy. NewsHour Correspondent Lisa… Continue watching
Apr 16 Watch 3:42 Stories from Americans struggling with the pandemic’s economic fallout The U.S. is experiencing a sudden spike in unemployment not seen since the Great Depression. In about a month, 22 million lost their jobs, with many more cuts yet to come -- and a sense that even these staggering numbers… Continue watching
Apr 16 Watch 4:58 Why congressional relief for small businesses ran out so fast Small businesses constitute the primary engine of the U.S. economy -- and they are among the hardest hit by the novel coronavirus pandemic’s fallout. They suffered a new blow Thursday when the massive $349 billion relief program established to support… Continue watching
Apr 08 Fed eases limit on Wells Fargo to make more small business loans By Ken Sweet, Associated Press The Federal Reserve is lifting its lending restrictions on Wells Fargo after some of the bank's thousands of small business customers were shut out of a program that's supposed to throw them a financial lifeline. Continue reading
Apr 07 WATCH: Trump holds meeting on small business relief, seeks $250 billion more for payrolls By Lisa Mascaro, Associated Press As Congress races to craft the next coronavirus rescue package, President Donald Trump's sudden request Tuesday to pump $250 billion more into a just-launched payroll program for small businesses may hit roadblocks. Continue reading