Page 82 - Payroll Protection Program News Today

Silas Chamberlin “This is a crisis.” Back in April 2020, that’s how we summed up an hour-long webinar analyzing COVID-19’s impact on York County.  During the webinar, we discussed York County Economic Alliance’s recently-completed report that predicted 18-30% of our county’s small businesses were at risk of permanent closure.  We outlined the trickle-down effect of childcare centers closing or reducing capacity and the impact it would have on working parents trying to maintain emp...

Matt OttAssociated Press Wells Fargo had its best quarter in a year and a half, posting a profit of $4.74 billion and freeing up more than a billion dollars that had been set aside for potential loan defaults at the beginning of the coronavirus pandemic. (All figures are in U.S. dollars.) The San Francisco–based bank on Wednesday said it earned $1.05 per share on revenue of $18.06 billion in the quarter, both surpassing Wall Street’s forecasts. Analysts surveyed by Zacks were expecting earn...

/PRNewswire/ -- Miami personal injury attorney Gregg M. Goldfarb has launched a new podcast that puts an entertaining spin on current legal, regulatory, and...

SILVER SPRING, Md. (AP) — Wells Fargo had its best quarter in a year and a half,...

4 Min Read (Reuters) - JPMorgan Chase & Co, the largest U.S. bank and often heralded as a bellwether for the economy, on Wednesday reported an eye-popping increase in its profit for the first quarter. FILE PHOTO: Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, U.S. May 28, 2020. Picture taken May 28, 2020. REUTERS/Nick Carey/File Photo Absent from the results, however, was firm evidence that cons...

As bank earnings roll in, a mixed picture for loans By Dan Burns Reuters (Reuters) - JPMorgan Chase & Co, the largest U.S. bank and often heralded as a bellwether for the economy, on Wednesday reported an eye-popping increase in its profit for the first quarter. Absent from the results, however, was firm evidence that consumers and Main Street businesses are itching for more credit, after a year of pandemic-induced hibernation, to fuel further growth in the economy. Indeed, the bank credit ...

The City of New Orleans has launched relief programs in partnership with the federal government to aid the music and entertainment industry.

Diners at Tinker Street pre-pandemic.Photo by Terry Kirts The real estate market might have been booming despite a pandemic, but for Tinker Street owner Tom Main, trying to sell a restaurant with no end to a global health crisis in sight was a losing proposition. “We had a few people come and kick the tires,” Main says, referring to his 80-seat upscale farm-to-table restaurant on 16th Street, which he put up for sale in November, “and one guy offered to buy the business if I stayed in. If...

by Tyler Durden Monday, Apr 12, 2021 - 02:50 PM The covid crisis may be over (with nearly 60% of the population vaccinated, one would certainly hope its over), but covid crisis spending is here to stay. At 2pm, the Treasury released its latest Monthly Treasury Statement which showed that in March, the US budget deficit exploded once again, surging to $660BN, up five-fold from a tiny $119BN last March, driven by a 160% increase in government Outlays which soared to $927 billion - the third highe...

We talk to former honorees Hannah Kirby, Greg Coleman, and Adam J. Williams, Esq. by Cara Suppa Jessica Hunter/Jessica Hunter/Matt Kleck Photography Industry, innovation, and entrepreneurship, you say? When have these three concepts ever been more challenging to maintain than in the last year?  Yet despite the many blows locally to small businesses and organizations, the people of Erie have powered forward, adapting and evolving in the midst of...