Oct 10 Watch 7:20 After a summer of no tourists, winter is coming for Maine’s small businesses By Christopher Booker, Mori Rothman 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. Continue watching
Aug 03 With loan money gone, restaurants are at mercy of virus By Joyce M. Rosenberg, Associated Press 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. Continue reading
Jun 18 WATCH: Trump holds roundtable with governors on reopening small businesses amid COVID-19 By Associated Press 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. Continue reading
May 28 WATCH: Small business leaders speak about surviving the COVID-19 crisis By Associated Press 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. Continue reading
May 26 Watch 2:43 A shopkeeper’s humble opinion on when to reopen for business 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. Continue watching
May 04 Federal reserve set to launch ‘Main Street’ loan program By Christopher Rugaber, Associated Press 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… Continue reading
Apr 28 Watch 9:47 Why is it so difficult for small businesses to get federal pandemic aid? 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… Continue watching
Apr 27 Masks, temperature checks mark ‘new normal’ at reopening restaurants By Kate Brumback, Russ Bynum, Associated Press Some of the nation's restaurants reopened for dine-in service, but it was a different experience than before the coronavirus. Continue reading
Apr 17 Watch 3:39 What’s holding up additional funding for U.S. small business 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… Continue watching
Apr 15 Mnuchin, Schumer rev up talks as small business aid runs dry By Andrew Taylor, Associated Press A key coronavirus rescue fund nearly exhausted, negotiations are accelerating in Washington over President Donald Trump’s $250 billion emergency request to help smaller employers across the country keep workers on their payroll. Continue reading