Big D.C. Companies Scooped Up Pandemic Aid Intended To Keep Small Businesses Afloat

  • 📰 NPR
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Among the D.C.-based companies that got interest-free small business loans: Well-heeled consulting companies, law firms, a right-wing media outlet, a philanthropic arm of the Catholic Church, an 80-restaurant 'fast casual' chain. wamu885

, which has about 22,000 members in more than 100 countries, scored a loan worth between $2 million and $5 million.

The two larger entities that responded to DCist — APCO and Bates White — both say they followed the federal government's rules in applying for and using the PPP loans to retain employees and pay rent, as the program intended.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 96. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

wamu885 Greed: The American motto.

wamu885 Where is the oversite?

wamu885 The municipality of Anchorage Alaska is trying to use CARES act funding to buy buildings and turn them into homeless shelters and drug treatment facilities. The neighborhoods are against this. Major corruption going on.

wamu885 When will NPR tweet about Bill Clinton being tied to Epstein on his island by a witness in court documents?

wamu885 What about leftwing media outlet axios? YouAreHacks

wamu885 Do not omit the bump npr received, as part of cpb , the CARES Act. $75 Million?

wamu885 Isn’t NPR government supported? A left wing media group getting free money from tax payers!

wamu885 This is not helping solve the crisis.

wamu885 Rich are selectively poor.

wamu885 Criminals...should be prosecuted. People in food lines in America...again.

wamu885 TaxtheChurches

wamu885 And yet hundreds of small businesses that people saved up for for life shuttered. Small businesses seem to be rewarded the least by both administrations.

wamu885 I seem to remember npr benefiting from the stimulus bill even though they openly are campaigning for JoeBiden

wamu885 And Roger Williams (R-TX) got a bundle for his car dealerships in Texas too. He’s already a multi-millionaire but he got aid money. I guess that’s the Republican way.

wamu885

wamu885 Tf the Catholic Church need money for? They got god.

wamu885 What? Corruption in a government program? Why I am shocked! Shocked I say!

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big Oil Companies Lose Billions, Prepare for Prolonged PandemicAlthough demand and commodity prices have shown signs of recovery, Chevron said they aren’t back to pre-Covid levels, and warned its results could continue to be depressed through the third quarter 😭 This is the time to take as many losses as possible. Throw in conservative guidance and the chances of beating estimates in the future improves.
Source: WSJ - 🏆 98. / 63 Read more »

Sen. Mark Warner opposes Big Tech break-up – for now: 'Chinese companies may not be the better alternative'Warner's remarks came after Jeff Bezos of Amazon, Facebook's Mark Zuckerberg, Sundar Pichai of Google and Apple's Tim Cook testified before Congress on antitrust and anti-competitive behavior. China sure comes in handy. Ah yes monopolies are the answer. Hot take A break-up is not necessary, if the laws are in place to regulate the improper use of data collection!
Source: CNBC - 🏆 12. / 72 Read more »

Sen. Mark Warner opposes Big Tech breakup – for now: 'Chinese companies may not be the better alternative''These four [tech] companies have enormous power. I could argue that they rival Standard Oil and some of the trusts of the beginning of the 20th century.' Sen. Mark Warner says Big Tech is so powerful that data is 'the new oil.' RetirementRight The people on CNBC this afternoon sounded almost identical to when we were at ATH in Jan/Feb, extreme bullishness, no alternative to stocks.
Source: CNBC - 🏆 12. / 72 Read more »

Scott Galloway: This may be the beginning of the end of Big Tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. profgalloway Scary picture profgalloway It was about time. Big tech is eliminating competition early on and have a huge tax evasion scheme. It’s time we make things fair for the sake of business. profgalloway If the lawmakers where smart...they would clue into the new type of viral and malicious activity. Afew ways to think about that, Amazon uses mail, and they load they put on the system causes this mailware problem.
Source: BusinessInsider - 🏆 729. / 51 Read more »