The Payment Protection Program (PPP), the federal program designed to help keep small businesses open during the COVID-19 pandemic, closed to new applications on Friday as funding dried up.
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Commercial real estate hotels, malls, offices are facing down massive post-pandemic problems.
We can all see the work from home and ecommerce trends coming and the CRE disaster seems like a slow motion trainwreck.
And that trainwreck could drag the rest of the US economy down with it.
This is an opinion column. The thoughts expressed are those of the author.
Back in 2016, a colleague of mine, Michelle Wuc ker, published a terrific book entitled The Gray Rhino. The title alludes to humans stalking the grey rhinoceros, a species widely known to be jittery and prone to charge and maim. Yet the awareness of their likely behavior does not deter the curious from getting closer for a look.
Maryland Business Adapts: Virtual Panel Discussions to Explore Global Business Perseverance Through COVID-19
Newswise Faculty experts in the University of Maryland’s Robert H. Smith School of Business will moderate break-out panels with leaders of Miltec UV, United Source One, RIFE International, Get Real Health, and Royner Products as part of Maryland Business Adapts, an online event from 9 a.m.-noon Thursday, June 3, 2021.
The companies were selected by a committee including Maryland Smith research professor
Kislaya Prasad and Maryland Deputy Secretary of Commerce Signe Pringle. The event is organized by Maryland Smith’s Center for Global Business (CGB).
The event will open with remarks by Maryland U.S. Senator
This week, the Senate considered a grant and tax bill and a bill to incent unemployed workers to return to work, while the House passed a broadband bill. Senate.