Page 5 - Small Business Program News Today

The department of Justice Reportedly now taking a closer look at potential fraud. Boeing saying, no thank you to the government bailout taking matters into its own hands it is friday, may 1, 2020, here on cnbc. Good morning, good afternoon, good evening and welcome im Brian Sullivan thank you for joining us on this friday and applicants 427 days are now over it is may 1 but stocks are looking weak to start the month. Futures are off sharply 450 on the dow as President Trump threatened new tariff...

Package. Totaled 350 billion. It was meant to serve as a bailout for Small Businesses with fewer than 500 employees. Incentive to keep employees on their payroll. You can apply for this loan, as long as you are promising to keep your employees. You will not fire anybody. You will pay everybody the amount they were making. In exchange, the loan can be forgiven. This pot of money has proven in normal sleep popular. It ran out of money just yesterday. That was expected all week. Congress is obvious...

The speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The clerk the speakers rooms, washington, d. C. April 23, 2020. I hereby appoint the honorable kathy castor to act as splote on this day. Signed, nancy pelosi, speaker of the house of representatives. 7 the speaker pro tempore the a prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. Merciful god, thank you for giving us another day. Send your spir...

You are watching cnbc. Good morning, good afternoon or good evening from wherever in the world youre watching. Im Brian Sullivan im glad to be with you during this troubled and turbulent times. Coming off friday 700point game gain for the dow futures are lower, indicating a drop of about 200 points for the dow, slightly less for the nasdaq 100 your big story right now is the price of oil and a new week bringing the same old story prices, they are falling in a big way. The may contract right now ...

Economies the truth is many experts dont believe that will fully happen until there is a working vaccine but there is some promising news out of Oxford University in the United Kingdom according to a report in the New York Times scientists at the University Jenner Institute are ready to move forward with trials of an inoculation tested against previous versions of the crown of virus which were harmless to humans researchers at the National Institutes for health Rocky Mountain laboratory in monta...

Committee on Small Business member states, hearing on response, we had a hard stop, we could move as quickly as we can and could not accommodate every member in person today and we are accepting statements until thursday april 30th. Today is a chance for the committee to hear directly from members of congress about thoughts on the covid19 response for the next package to Small Business issues for the committee of jurisdiction. I would like to remind everyone we are practicing social distancing a...

Thoroughly. Ive listened to the other side. When you look at what we accomplished in those 14 days of loans, we saved 30 million jobs. We all could have put a tweet out today, not having to have been here, and said we saved 34 million jobs. But no. Four million more lost because somehow people felt good with politics. I listen to debate on the other side. Some said they didnt want to be here today. Have folded and come together. Leverage, ave used political leverage to hold people up. ve even so...

Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, that...

Talks about the spread of the virus and the latest data on how well is being controlled. Join the conversation, monday night it 00 p. M. Eastern, on cspan. Dr. Rimoin. Caitlin go to politicos who was on the line here to talk about what is going on with the federal Small Business loan program. Good morning. Thank you for having me. First, tell us what the Paycheck Protection Program is and why is it out of money . Guest right. This, basically, Small Business letting program was crated by the 2 tr...

Nations governors say they need another 500 billion of help for their state, but Senate Republicans are resisting. One in six in the American Workforce are now unemployed. Plus president trumps speculation backfired badly this week as administrations efforts to soften warnings about a second wave of coronavirus in the fall were shot down by their own medical doctors. I think by memorial day weekend, we will largely have this coronavirus epidemic behind us. President trump it is also possible it ...