Page 4 - Forgiveness Program News Today

To talk about the vote, the guard rails that are put in now for Small Business loans and what phase four could really look like. Government money, though, will not save Neiman Marcus from the crushing effect of the covid19 epidemic on retailers. The High End Department store chain could file for bankruptcy, some say at any moment, could be by the end of this week, but can saks save it . The former chairman and ceo steve sadove on that and whether we are witnessing the death of the Department Sto...

Employed workers can apply for benefits in many states. It looks like the actual peak in new unemployment claims may have occurred at the end of march and beginning of april. But that is cold comfort when you are still having millions of people applying every week. We will taking out to the governor with that News Conference this afternoon. My friend the governor of illinois, 21 out of the 24 largest student loan servicers in the state of california have agreed to a 90 day forbearance on Student...

Pandemic. Here in the bay area, there were more than 6900 cases and 239 deaths. And yesterday, the governor said more testing needs to be done until we considered lifting the shelter in place. The governor is about to speak. Lead by the extraordinary leadership, the by approximate the governor of illinois. 21 out of the 24 largest student loan servicers in the state of california have agreed to a 90day foreperson on student loan debt. Impacting over 1. 1 californians with loan debt. No burden no...

Mr. Mcconnell so, mr. President , earlier today, leaders in both chambers and the administration reached a bipartisan agreement to supplement the historic cares act. At the core of our agreement is 320 billion more for the paycheck protection program, which is already saving millions of Small Business jobs and helping americans get paychecks instead of pink slips. Mr. President , this is even more money than we had first requested a while back. In the intervening time and at our request, this ne...

Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid...

Mr. Mcconnell so, mr. President , earlier today, leaders in both chambers and the administration reached a bipartisan agreement to supplement the historic cares act. At the core of our agreement is 320 billion more for the paycheck protection program, which is already saving millions of Small Business jobs and helping americans get paychecks instead of pink slips. Mr. President , this is even more money than we had first requested a while back. In the intervening time and at our request, this ne...

105 in iowa, that is a lot for us. Just a couple of hours ago i was on a call with iowa state leaders who are at the state Emergency Operations center. Let me say that again. Emergency operations center, an e. O. C. You just dont set those up for fun, folks. You set them up when your state is in crisis. They gave us a picture of whats going on with our workers and our Small Businesses on the ground in iowa. Within three hours the state received over 11,000 calls for Unemployment Insurance. 2,000...

New york City Real Estate will join us to tell us how he sees landlords managing renters who have shut down their businesses. The chairman and ceo is scott recker, he will be joining us. And judge will be here as well taken us through unique coronavirus cases going through courts. In the meantime breaking news, Drugmaker Mylan is voluntarily waving the u. S. Distribution rights for a generic version of an hiv antiviral drug so its available to patients with coronavirus. The stock is down, it all...

And finally, another element and im just describing some of the elements, mr. President , but i wanted to highlight some of these things is getting more resources to the men and women on the front lines of this pandemic who are every day out there in the Health Care Industry trying to keep americans, alaskans healthy and alive. How much . Theres a lot in it, but the number is 100 billion. For hospitals. For health care providers. Let me say that again. 100 billion. Now, the minority leader was o...

We thank everyone for joining us for our first Small Business meeting of 2020. I want to especially thank the witnesses for taking the time to travel from across the country and take time away from their businesses to have this important discussion. There will be members coming and going or overlapping hearings with other committees. Youll see folks, and we ask for your patience with that as well. Farming and agriculture are at the heart of strong economies around the country. It is crucial to i...