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Stay up-to-date with our latest coverage on the impacts of coronavirus on technology, marketing, and the digital economy here. The scheme allows small businesses to apply for loan forgiveness and waives personal guarantee requirements. Businesses will be able to apply for a loan as high as 2.5 times their payroll, or up to $10 million — whichever one is lower. Additionally, they'll be able to apply for forgiveness of the loan, or at least part of it, depending on how much of it they used during the eight weeks following the loan approval.
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Russian ventilators shipped to U.S. made by firm under U.S. sanctions: RBCVentilators delivered by Russia to the United States to help treat patients of the new coronavirus were manufactured by a Russian company that is under U.S. sanctions, Russia's RBC business daily reported on Friday. Take help where you can get it The Feds bought them at least they are not chinese
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Russian ventilators sent to U.S. made by firm under U.S. sanctions: Russia newspaperVentilators delivered by Russia to the United States for coronavirus patients were manufactured by a Russian company that is under U.S. sanctions, Russia's RBC business daily reported on Friday. 007 Fingers crossed I don’t get one of those Who the f*** cares
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Why sweetened layoff benefits may be at odds with U.S. loan programThe generous U.S. unemployment benefits rolled out to blunt the economic harm caused by the coronavirus could have an unintended effect: it may actually be an incentive for companies to choose layoffs rather than keep staff on their books. Because some big businesses employers want to make more money by this way. They don't care about their employees. Chinesevirus Why it's harder to rob the American people blind...
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