Latest News
Long Beach restaurant employees refuse to return to work over unemployment, safety
From SE LA Times
Restaurant owners who faced closures and economic challenges because of the COVID-19 pandemic have an unforeseen problem because many of the employees they laid off don't want to come back to work.
SBA denies nearly half of all loans, frustrating Tampa business owners
From Tampa Republic
The Small Business Association Loans program, promised by the federal government, has denied 48 percent of applicants, leaving millions of business owners without money, the Tampa Bay Times reported.
COVID-19 puts 2 Lucky's locations in Houston out of business
From Houston Republic
A popular Houston sports bar will close two locations due to the COVID-19 pandemic.
Advocacy group: Paycheck Protection Program's shortcomings become more obvious
From NYC Gazette
There are billions still on the table for small businesses that are struggling to survive during the COVID-19 crisis, and the program’s own issues created the situation, say business owners and advocacy groups.
Texas bar owners form group to oppose governor’s order to close
From Ft Worth Times
A spike in COVID-19 cases has resulted in Texas Gov. Greg Abbott issuing an executive order requiring bars to shut down and restaurants to operate with a limited capacity. Business owners have voiced their concerns as some have joined a “Bar Lives Matter“ movement.
Come And Take Out program gives Austin restaurants hope during COVID-19 surge
From North Austin News
Come And Take Out campaign promotes restaurants among locals despite virus
Business insurance often excludes damage from looting, protests due to COVID-19 shutdown losses
From Empire State Today
Small business owners are learning the limitations of business insurance during the pandemic and the protests that have sprung up and continued after the death of George Floyd.
Federal Reserve predicts many more small business failures without additional assistance
From Business Daily
The Federal Reserve is predicting that a huge number of small businesses across the United States could fail during the recession sparked by the COVID-19 crisis, according to a report the Fed issued June 12.
Poll: Voters prefer funding for businesses over protecting government jobs
From Washington D.C. Business Daily
Voters overwhelmingly prefer a proposed Workplace Recovery Act (WRA) approach to House Speaker Nancy Pelosi’s plan, according to a bipartisan Workplace Recovery Alliance poll. If enacted, the WRA will give businesses immediate financial aid to recover from the damage caused by government-imposed COVID-19 shutdowns.
Economist: Federal efforts to support small businesses haven't gone far enough
From Business Daily
Even though the federal government has floated trillions of dollars in economic rescue to businesses large and small across the country, it appears that small businesses and poor households are still struggling. A June 21 report by The Hill noted that it is likely that economic recovery will be uneven and slow, particularly for small businesses.
Small Business Trends survey reveals differing COVID-19 impacts
From Business Daily
The COVID-19 crisis has affected businesses large and small, although some might say that the smaller the company, the harder the impact might be to overcome, as explained in an April 29 report in Small Business Trends. The report surveyed more than 500 small and medium businesses to find out what types of small businesses were most impacted by the crisis.
New poll shows Republican resistance to small business assistance could cost Trump in November
From Washington D.C. Business Daily
National poll finds bi-partisan support for more direct payouts to businesses
Small businesses in jeopardy without further government funding, ARFC/SSBC study finds
From Washington D.C. Business Daily
More than 1.2 million small businesses could close forever due to COVID-19 shutdown despite reopening
World-class racewalk instructor needs consumer confidence to return to work
From Nassau Standard
In the good old days, Dave McGovern traveled the globe teaching about 18 racewalking clinics a year.
Dallas interior design studio fashions survival plan amid pandemic
From Dallas City Wire
Stacy Elliston and Kellie Sirna were looking forward to 2020. The co-founders of Studio 11 Design in Dallas had every expectation that the new year would bring more success.
Federal Reserve predicts 15 million unemployed Americans by year end
From Business Daily
Millions who joined the unemployment rolls as a result of the COVID-19 pandemic starting in March could remain unemployed through the end of 2020, according to a statement released by the Federal Reserve.
Census Bureau: More than 40% of business owners experience large negative impact from pandemic
From Business Daily
From April 26 to June 6, according to the U.S. Census Bureau, the percentage of business owners who have said that there has been a large negative effect has declined with 41.3 percent of respondents saying that there had been a large negative effect, and 43.3 percent saying they experienced a moderate negative effect.
Endurance sports industry faces obstacles due to COVID-19
From Washington D.C. Business Daily
As with many other businesses, the endurance sports industry has taken a massive hit due to COVID-19 restrictions on sizes of gatherings and rules on social distancing.
America's Recovery Fund Coalition report paints sobering picture for the future of small businesses
From Washington D.C. Business Daily
Small businesses are enduring staggering challenges and losses due to COVID-19, and America’s Recovery Fund Coalition (ARFC) has released a new report to explore those issues.
Alameda auto glass shop owner looks to survive COVID-19 fiscal crunch
From Central Alameda News
Established as a local auto glass shop in 2012, Glass Tek in Alameda specializes in professional windshield replacements as well as damage caused by vehicle vandalism including broken glass repairs.