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1 min read

Welspun Enterprises Q2 profit drops to Rs 69 crore

Infrastructure developer Welspun Enterprises Ltd (WEL) on Thursday reported a 48.1 per cent drop in…

PTI   


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CreditNinja, which has charged loan customers an interest rate of 447%, is complaining that their $1 million PPP loan forgiveness request was rejected

CreditNinja, a broker which has given loans with interest rates as high as 447%, believes the SBA s…

Azmi Haroun   


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Here are the Republicans the White House put on blast for bashing student loan forgiveness despite having their own PPP loans forgiven

Biden on Wednesday announced plans to cancel up to $20,000 in student debt for Pell Grant recipient…

Kelsey Vlamis,Taiyler Simone Mitchell,Ayelet Sheffey   


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2 mins read

Biden mocks Republicans for accepting pandemic relief funds while opposing student loan forgiveness: 'My program is too expensive?'

"The hypocrisy is stunning," Biden said of the large support for pandemic relief for businesses as …

Brent D. Griffiths   


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Biden is changing PPP rules. For 2 weeks, only businesses with fewer than 20 employees can claim pandemic relief loans.

Biden's changes to the PPP loan rules are designed to ensure that smaller companies aren't left beh…

Kate Duffy,Reuters   


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From a Lamborghini to a custom Rolex, here are the wildest things business owners bought with their PPP loans

Since then, the Justice Department has charged several business owners over accusations that they f…

Jennifer Ortakales Dawkins   


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6 mins read

BluSmart to set up EV charging infra projects across India in PPP mode

As India rides on the EV bandwagon with the government promoting several use cases, BluSmart is poi…

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2 mins read

Just a third of the money from the government's massive Payroll Protection Program actually helped keep workers employed, study says

The program was "highly regressive," researchers said. Of the $510 billion in initial PPP loans, $3…

Ben Winck   


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2 mins read

Businesses at properties owned by the Trump Organization and Kushner Cos. benefited from over 25 PPP loans worth $3.65 million, a new report says

The Kushner Cos. general counsel said the NBC News analysis was "completely untrue and amounted to …

Oma Seddiq   


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More than half of the money from the Paycheck Protection Program went to just 5% of recipients

The federally funded program was meant to help small businesses keep paying employees, but new data…

Barbara Smith   


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3 mins read

Tens of thousands of PPP loans at high risk for 'fraud, waste, and abuse,' House Democrats say

More than $1 billion in relief funds were made to firms receiving multiple loans, the group said. T…

Ben Winck   


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3 mins read

5 ways Biden just tweaked the PPP to help the smallest businesses survive

Biden's changes to the PPP help businesses with less than 20 workers (or none at all) and those wit…

Ayelet Sheffey   


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2 mins read

The Trump administration gave more than $850,000 in PPP loans to prominent anti-vaccine groups

Top anti-vaccine advocacy groups received PPP funding from the Trump administration, The Washington…

Rachel E. Greenspan   


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1 min read

Fintechs are under scrutiny over fraudulent PPP loans and small businesses could suffer. Here are the biggest takeaways from the federal investigation.

Since then, the Justice Department has charged several business owners over accusations that they f…

Jennifer Ortakales Dawkins   


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2 mins read

Struggling minority-owned businesses were kept waiting until the last minute for PPP loans

The Paycheck Protection Program's loans did not reach minority-business owners until its final week…

Kevin Shalvey   


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2 mins read

Anti-LGBTQ+ groups, including the school where Mike Pence's wife is a teacher, got millions of dollars in federal COVID-19 assistance, says new data

Virginia's Immanuel Christian School, where the vice-president's wife, Karen Pence, teaches art, re…

Naina Bhardwaj   


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Stimulus and government funding talks will likely require an additional week for an agreement: report

Two sizable barriers between Democrats and the GOP in a relief package are liability protections an…

John L. Dorman   


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1 min read

Joseph Zeballos-Roig   


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3 mins read

Political gridlock is delaying another coronavirus relief bill — and it has potentially devastating consequences for the US economy

Congress has failed to pass another economic stimulus plan, and it may harm millions of workers and…

Joseph Zeballos-Roig   


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7 mins read

'Bar Rescue' host Jon Taffer says he was 'surprised' by Trump's plan to save the hospitality industry in their podcast interview

Taffer said he also offered Joe Biden an interview in an effort to drill into both candidates' plan…

Jake Lahut