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After a summer of no tourists, winter is coming for Maine’s small businesses
Small business owners in Maine that rely on a tourist-filled summer have been shuttering shops since the start of the pandemic. With negotiations over a stimulus package stalled, and the cold season approaching, many of them face a bleak future.
With loan money gone, restaurants are at mercy of virus
Many restaurants that got coronavirus relief loans have spent the money and now find themselves in the same precarious position as in the pandemic's early days.
WATCH: Trump holds roundtable with governors on reopening small businesses amid COVID-19
Three months after the viral outbreak shut down businesses across the country, U.S. employers are still shedding jobs at a heavy rate, a trend that points to a slow and prolonged recovery from the recession.
WATCH: Small business leaders speak about surviving the COVID-19 crisis
The House Small Business Committee will hold a forum May 28 to hear about how small businesses have adjusted their models in response to the economic downturn spurred by the COVID-19 crisis.
U.S. cities and states are trying to balance economic activity and public health. The consequences of those decisions fall squarely on small businesses, with almost half of their owners saying the pandemic is having a large negative impact on business.
With the U.S. economy sinking into a severe recession, the Federal Reserve is set to launch a high-risk program through which it will lend money to small and medium-sized companies outside the banking industry for the first time since the…
Demand remains high for relief the federal Paycheck Protection Program is making available for smaller businesses. But the distribution of that money continues to be a source of controversy, and the program has been mired with technical problems. Lisa Desjardins…
Some of the nation's restaurants reopened for dine-in service, but it was a different experience than before the coronavirus.
After federal aid for small businesses, called the Paycheck Protection Program, ran out of its allotted $350 billion, there were questions about if and when lawmakers could land on a deal to provide additional funding. As of late Friday, Republicans…
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