CNBC’s Jim Cramer said Monday he’s concerned about plans to further ease indoor dining restrictions in New York City, and he won’t accelerate May plans to reopen his Covid shuttered Brooklyn restaurant. Restaurants in the city will be able to expand to 50% occupancy starting Friday, up from the current policy of 25%. The move comes as
Small Business
“Dungeons & Dragons, Anyone?” – Adam convinces Coach Mellor to let him be team captain in gym class. He betrays his friends by picking the jocks first, causing the two rivaling squads to battle it out with the game the nerds know best – Dungeons and Dragons! Byron Cohen | Walt Disney Television | Getty
Apiwan Borrikonratchata | iStock | Getty Images As the March 31 deadline for the Small Business Administration’s Paycheck Protection Program looms, a deal to extend it for two more months is in the works. On Thursday, a bipartisan group of lawmakers introduced the Paycheck Protection Program Extension Act, which would push the expiration date to
People order breakfast at Bill Smith’s Cafe, after Texas Governor Greg Abbott issued a rollback of coronavirus disease (COVID-19) restrictions in McKinney, Texas, March 10, 2021. Shelby Tauber | Reuters Since the World Health Organization declared the coronavirus a pandemic one year ago Thursday, new Yelp data showed nearly a half million businesses opened in
Digital payments company Payoneer is partnering with Mastercard to offer small businesses a digital debit card. The Payoneer Digital Purchasing Mastercard will allow the company’s customers to make global purchases, connect to mobile wallets and digitally access multiple cards that help streamline business expenses, such as advertising services from Google, Facebook and Amazon. “Small businesses
A small business owner in Chinatown, San Francisco Source: CNBC Time is ticking for the smallest companies to access the priority application period for the Small Business Administration’s Paycheck Protection Program. But these firms, along with small businesses of all sizes, will still be able to apply for forgivable loans outside of the priority window.
The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images LONDON — Starling Bank, a digital-only challenger bank in the U.K., said Monday that it’s raised £272 million ($376 million) in an investment round. The fresh cash injection, led by Fidelity Investments, values Starling at £1.1 billion, or $1.5 billion.
JGI/Tom Grill | Tetra images | Getty Images Self-employed and gig workers who have been waiting for new rules that would mean larger forgivable loans through the Paycheck Protection Program can now move forward with their applications. As of Friday, the Small Business Administration is ready to accept and process updated PPP applications from sole
Essential jobs take many forms. When it comes to transporting goods, about 15.5 million trucks are operating in the U.S. moving vital freight across the country. And every truck needs a driver. Eight years ago, April Coolidge — then in her mid-40s — decided to stop selling real estate and start driving a truck. As
chee gin tan | E+ | Getty Images The Small Business Administration on Wednesday released a new application and loan calculation formula for Paycheck Protection Program loans for self-employed and gig workers. For these small businesses, it will mean larger forgivable loan amounts going forward. The new PPP application for self-employed workers and sole proprietors
Nancy Yu has been a staple in San Francisco’s Chinatown for more than two decades. Her store, Asiastar Fantasy, sells souvenirs, gifts and cultural items like red envelopes for Lunar New Year. While she’s weathered many challenges over the years, she’s never seen anything quite like 2020. “Last year was a very difficult time —
10’000 Hours | DigitalVision | Getty Images There is just over a week left of priority access to the Paycheck Protection Program’s forgivable loans for the owners of the nation’s smallest businesses. Last Wednesday, the Small Business Administration started only accepting PPP loan applications from firms with fewer than 20 employees. This priority period is
Virojt Changyencham | Moment | Getty Images The self-employed and gig workers are anxiously waiting for the Small Business Association to update guidelines to its Paycheck Protection Program, which could mean bigger loans for the group. The Biden administration announced last week changes to how the SBA will calculate forgivable loans for sole proprietors and
The Hemphill Brothers Coach Company knows a thing or two about how celebrities live on the road. The Nashville-based RV company, run by brothers Joey and Trent Hemphill, has been building and outfitting luxury tour buses for 40 years, touting an A-list client roster ranging from mega stars like Taylor Swift, Oprah, Dolly Parton and Beyonce
Sinelia Louis will finally be eligible to apply for a PPP loan due to changes by the Biden administration that allow access for non-citizen small business owners. Sinelia Louis When Sinelia Louis, 50, heard about the recent changes to the Small Business Administration’s Paycheck Protection Program, she felt like her prayers had been answered. “I
MoMo Productions | Getty Images Millions of self-employed and gig workers got good news this week. The Biden administration on Monday changed how the Small Business Administration’s Paycheck Protection Program calculates forgivable loans for the smallest firms and sole proprietors. But there’s a catch. The updated formula — which will likely lead to larger loan
Most of the things you buy these days were transported on a truck at some point. There are around 3.5 million truck drivers in the United States. Their average salary is close to $60,000 per year. In 2021, however, there may actually be a shortage of drivers willing to move your purchases. If you are
President Joe Biden speaks during an announcement related to small businesses at the South Court Auditorium of the Eisenhower Executive Office Building February 22, 2021 in Washington, DC. Alex Wong | Getty Images The Latino community has been struck particularly hard by the Covid-19 crisis. The Stanford Latino Entrepreneurship Initiative reported in May that 86%
People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images President Joe Biden announced the “American Rescue Plan” in January, which includes raising the minimum wage
Mahisha Dellinger, founder of hair care line Curls, launched her beauty brand in 2002 and at that time, “Despite having great personal credit, I couldn’t get a small business loan to save my life,” she says. Curls Beauty Brands Mahisha Dellinger was feeling disenfranchised about her experience as a marketing manager in corporate America when
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