DC-area music venues asking lawmakers for financial help during COVID-19 pandemic
A coalition of D.C. area music venues are asking lawmakers for aid in order to keep the live music business music going.
A coalition of D.C. area music venues are asking lawmakers for aid in order to keep the live music business music going.
Some small businesses say ‘no’ to Paycheck Protection Program funding
The Paycheck Protection Program ran out of its $349 billion fund in just two weeks. Recently, the Senate passed an additional $300 billion in funding for the program.
The Paycheck Protection Program ran out of its $349 billion fund in just two weeks. Recently, the Senate passed an additional $300 billion in funding for the program.
Small business microgrants to be awarded in DC by the end of the month
It has been 28 days since D.C. Mayor Muriel Bowser (D) ordered all nonessential businesses in the city to close -- a decision that forced thousands of layoffs and a flood of applications for unemployment benefits.
It has been 28 days since D.C. Mayor Muriel Bowser (D) ordered all nonessential businesses in the city to close -- a decision that forced thousands of layoffs and a flood of applications for unemployment benefits.
Burger King franchise owner with over 1,000 stores may apply for small business loan
One of the largest restaurant franchisees in the U.S. has suggested that it may apply for a government-backed loan established in the $2.2 trillion stimulus package to help small businesses weather the coronavirus pandemic.
One of the largest restaurant franchisees in the U.S. has suggested that it may apply for a government-backed loan established in the $2.2 trillion stimulus package to help small businesses weather the coronavirus pandemic.
Amazon now accepting food stamp benefits in 7 states
Amazon is now accepting food stamp benefits in seven states as part of a pilot program with the Department of Agriculture, the tech giant announced.
Amazon is now accepting food stamp benefits in seven states as part of a pilot program with the Department of Agriculture, the tech giant announced.
Lord & Taylor explores bankruptcy during coronavirus pandemic as stores remain shut: Report
Neiman Marcus Group also plans to file for bankruptcy as soon as this week.
Neiman Marcus Group also plans to file for bankruptcy as soon as this week.
Congress’ $300B package for small businesses may only last days: report
Bank officials have reportedly warned that the $450 billion package to replenish the earlier small business emergency fund will likely run out of money in just a few days.
Bank officials have reportedly warned that the $450 billion package to replenish the earlier small business emergency fund will likely run out of money in just a few days.
Ilhan Omar introduces bill to cancel rent, mortgage payments during coronavirus pandemic
Legislation has been introduced that would cancel rent and mortgage payments for Americans during the coronavirus pandemic. This would be available to all Americans regardless of income or employment.
Legislation has been introduced that would cancel rent and mortgage payments for Americans during the coronavirus pandemic. This would be available to all Americans regardless of income or employment.
Shake Shack to return $10M government loan
Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact.
Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact.
Books, dance lessons, ‘Sopranos’ — freebies abound online
We might not be totally free these days, but there’s a lot out there that is.
We might not be totally free these days, but there’s a lot out there that is.
Neiman Marcus to file for bankruptcy as soon as this week: sources
(Reuters) - Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter said.
(Reuters) - Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter said.
Walmart requiring employees to wear face masks
Walmart is also encouraging customers to wear face masks while stopping in their stores.
Walmart is also encouraging customers to wear face masks while stopping in their stores.
Stocks rise as Trump prepares reopening of America details
Stocks erased losses as investors focus on economic restart.
Stocks erased losses as investors focus on economic restart.
Forgivable coronavirus loans offered to Virginia small businesses by nonprofit startup
VA 30 Day Fund offers local small businesses in Virginia up to $3,000 in forgivable loans amid COVID-19.
VA 30 Day Fund offers local small businesses in Virginia up to $3,000 in forgivable loans amid COVID-19.
Stocks slide as coronavirus slams US economy with historic declines in retail sales, manufacturing
The Dow Jones Industrial Average plunged as many as 716 points, or 2.99 percent, while the S&P 500 and Nasdaq Composite fell 2.97 percent and 2.43 percent, respectively.
The Dow Jones Industrial Average plunged as many as 716 points, or 2.99 percent, while the S&P 500 and Nasdaq Composite fell 2.97 percent and 2.43 percent, respectively.
Commerce locks up and retail sales plunge unprecedented 8.7%
U.S. retail sales plummeted 8.7% in March, a record drop as the viral outbreak closed down thousands of stores and shoppers stayed home.
U.S. retail sales plummeted 8.7% in March, a record drop as the viral outbreak closed down thousands of stores and shoppers stayed home.
State Farm, Progressive to return up to $2 billion to policyholders amid coronavirus pandemic
On average, State Farm says auto customers can expect to receive a credit of about 25 percent of premium for the time period March 20 through May 31.
On average, State Farm says auto customers can expect to receive a credit of about 25 percent of premium for the time period March 20 through May 31.
Stocks surge on Fed's $2.3T stimulus
The Fed's initiative undergirds government efforts to combat fallout from the economic shutdown imposed to curb the spread of the COVID-19 pandemic.
The Fed's initiative undergirds government efforts to combat fallout from the economic shutdown imposed to curb the spread of the COVID-19 pandemic.
S&P 500 joins Dow in exiting bear market as Sanders suspends presidential campaign
The gains have lifted the S&P 500 out of its bear market, which would officially end with the index closing above 2,684.88.
The gains have lifted the S&P 500 out of its bear market, which would officially end with the index closing above 2,684.88.
Lowe's closing all locations in North America for Easter Sunday
Lowe's says it is closing all of its locations in North America for Easter Sunday.
Lowe's says it is closing all of its locations in North America for Easter Sunday.