Treasury Secretary Steven Mnuchin says he will talk to lawmakers about small business bailout disclosure

Mnuchin’s statements indicating the Treasury and Small Business Administration would not be disclosing the names of those who took out PPP loans angered high-ranking Democrats. Small Business BEST DEAL UPDATE: A way to Pay off Credit Cards

He opened his Shanghai restaurant right before the pandemic and nearly gave up. Now, business is thriving

Luca Frigeni, a restaurant owner in Shanghai recounts one of the most difficult professional moments of his life, having to shutdown his newly opened restaurant as the city dealt with the coronavirus outbreak. Travel BEST TRAVEL DEAL: Find Great Deals … Read more…

House Democrats demand big bank CEOs disclose documents about small business loans in coronavirus bailout

The lawmakers want big banks to provide “all formal or informal guidance” from the administration about PPP requirements, and the “prioritization or exclusion” of loan applicants in underserved or rural markets. Small Business BEST DEAL UPDATE: A way to Pay … Read more…

U.S. eases criminal record provision in coronavirus business loan program

Federal authorities administering business payroll loans as part of U.S. coronavirus relief efforts on Friday eased rules prohibiting lending to business owners with criminal records, allowing some with no convictions in the past year to access funds. Reuters: Business News … Read more…

Trump says states that have reopened are doing ‘tremendous business,’ even as coronavirus cases rise in some

President Donald Trump characterized the decision to support closing the economy as “the hardest decision of my life.” Health and Science U.S.HEALTHCARE UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…

Day care director: ‘I’m struggling—and it’s not because I’m not a good business person’

Before Covid-19 hit, enrollment at Catherine Lieberman’s North Carolina-based day care and preschool was at capacity. And while she remained opened during the pandemic for children of essential workers, her business suffered. Now she’s struggling to keep it running, even … Read more…

India rejects Walmart-owned Flipkart's proposed foray into food retail business

The Indian government has rejected Flipkart’s proposal to enter the food retail business in a setback for Walmart, which owns majority of the Indian e-commerce firm and which recently counted its business in Asia’s third-largest economy as one of the … Read more…

India rejects Walmart-owned Flipkart's proposed foray into food retail business

The Indian government has rejected Flipkart’s proposal to enter the food retail business in a setback for Walmart, which owns majority of the Indian e-commerce firm and which recently counted its business in Asia’s third-largest economy as one of the … Read more…

China Loosens Business Travel From Korea and Germany, Pressuring Other Countries

As businesses world-wide struggle to resume operations, two planeloads of German executives traveling to China in coming days are raising pressure on foreign rivals to resume international business travel. WSJ.com: World News SPECIAL NEWS UPDATE: Click today to request your … Read more…

Kevin O’Leary’s advice for small business owners as the economy reopens: ‘Practice being thrifty’

“At some point, we’re gonna start to reopen,” Kevin O’Leary, investor on ABC’s “Shark Tank,” tells CNBC Make It. “But [business owners should] lower your expectations.” Wealth SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card … Read more…

Steve Forbes sends message to business owners: ‘You pray, you fight, you get out there and you pressure’

Forbes Media Chairman and Editor-in-Chief Steve Forbes told “The Ingraham Angle” Friday that small business owners who are affected by the coronavirus lockdowns in some states should “fight” and “pray” for their businesses. FOX News SPECIAL NEWS BULLETIN: Click today to request your … Read more…

Sheryl Sandberg On The Pandemic’s Threat To Small Business And Facebook’s Latest Product | Forbes

Forbes SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of donating over … Read more…

Marriott CFO expects regional business to pick up first as states relax coronavirus restrictions

Regional destinations that guests can get to by car will be the first to rebound, Marriott CFO Leeny Oberg told CNBC on Monday after the hotel operator reported dismal earnings. Travel BEST TRAVEL DEAL: Find Great Deals At Radisson’s Official … Read more…

Small business loans are not going proportionately to the hardest-hit areas, Fed study shows

States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a Fed study found. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…

San Diego mayor: Compliance with new beach rules bodes well for state business reopening

“San Diegans, just like others in California, do not want to give back the tremendous gains that we’ve made, the sacrifices that we’ve made over these last six weeks,” Mayor Kevin Faulconer said. Health and Science U.S.HEALTHCARE UPDATE: SPECIAL NEWS … Read more…

Coronavirus fraud: Two New England men are first to be charged with scamming small business loan program

The men are charged with fraudulently applying for more than $ 500,000 in assistance from the new CARES Act Payroll Protection Program, which is designed to help businesses affected by the coronavirus outbreak. Small Business BEST DEAL UPDATE: A way … Read more…

Why now may be the perfect time to start your business, according to the bestselling author of The Lean Startup

The best time to be an entrepreneur is “when everyone is running for the exits,” according to The Lean Startup’s bestselling author, Eric Ries. Wealth SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…

4.30.20 What to do about Summer vacation; Private business safety rules; Market-timing Millennials; Air travel is on the rise

Should you still go on Summer vacation? That’s the question on a lot of people’s minds. Clark talks about how you should think about your upcoming Summer travel. Costco is making all customers wear face masks if they want to … Read more…

Ex-TARP watchdog says Washington is to blame for large companies receiving small business loans

“I mean, Congress went out of its way to carve out businesses that have more than 500 employees but are restaurants, chain restaurants,” ex-TARP watchdog Neil Barofsky told CNBC. Small Business BEST DEAL UPDATE: A way to Pay off Credit … Read more…