Small Business

An employee wearing a protective mask prepares cut flowers at a wholesale flower market in San Francisco, California, on Monday, May 18, 2020. David Paul Morris | Bloomberg via Getty Images The economy is uncertain for small businesses, yet many of them are still taking their time securing emergency funding through the Paycheck Protection Program.

Demonstrators march past the Lincoln Memorial during a protest against police brutality and racism takes place on June 6, 2020 in Washington, DC. Drew Angerer Companies have expressed support for the Black Lives Matter movement in recent weeks. But many advocates say now is the time for action — in the form of pay equity

LeoPatrizi The Paycheck Protection Program may have been an exercise in frustration for small-business owners, but here’s the silver lining: They might be better equipped to weather the next crisis. The federal government rolled out the so-called PPP in April as coronavirus and the ensuing stay-at-home orders took their toll on small businesses. The forgivable

Slowly but surely, small businesses are rehiring workers as plans to reopen from the coronavirus lockdown progress across the country. Employee headcount increased by 3.2% in May, although it remains below pre-pandemic levels overall, according to exclusive data compiled by human resource provider Gusto and based on more than 100,000 small businesses nationwide. In addition,

Jeff Bezos, founder and CEO of Amazon, smiles as he speaks during the Economic Club of Washington’s Milestone Celebration event in Washington, DC, on September 13, 2018. Saul Loeb | AFP | Getty Images Amazon is introducing a new digital credit line for U.S.-based merchants with partner bank Goldman Sachs, CNBC has learned exclusively. Small

Colorado residents are dining out in the patio area at Los Chingones restaurant in Denver Source: TAG Restaurant Group Chef Troy Guard is hoping to bring back all of the 623 employees he had to furlough across his restaurant chain when Colorado Gov. Jared Polis ordered all bars, restaurants, theaters, gymnasiums and casinos to close on March

President Donald Trump signed the Paycheck Protection Program Flexibility Act of 2020 into law on June 5. Mandel Ngan | AFP | Getty Images Small-business owners who borrowed from the Paycheck Protection Program are about to get a break on forgiveness. Last Friday, President Donald Trump signed the Paycheck Protection Program Flexibility Act into law.

“Shark Tank” investor Daymond John told CNBC on Friday that “the first step” for CEOs who want to address racial inequality in the U.S. is listening to their own employees.  “Internally, have those tough questions being asked. Find out how your colleague or your staff feels that are of color and have the other individuals

US President Donald Trump shows his signature on the Paycheck Protection Program Flexibility Act of 2020 as he holds a press conference on the economy, in the Rose Garden of the White House in Washington, DC, on June 5, 2020. Mandel Ngan | AFP | Getty Images President Donald Trump signed a bill Friday to

Senate Majority Leader Mitch McConnell, a Republican from Kentucky, walks through the Hart Senate Office Building on Tuesday, June 2, 2020. Sarah Silbiger/Bloomberg via Getty Images Business owners who received a forgivable loan through the Paycheck Protection Program are likely getting more leeway on how to spend those funds.   The Senate passed legislation Wednesday night

Chairman Ron Johnson (R-WI) speaks at the start of a Senate Homeland Security Committee hearing on the government’s response to the novel coronavirus (COVID-19) outbreak on March 5, 2020 in Washington, DC. Samuel Corum | Getty Images Sen. Ron Johnson on Wednesday blocked a Democratic effort to unanimously approve a bill to give small businesses

Fraser Ross, owner of the popular Los Angeles boutique retailer Kitson, has boarded up his three stores. The once-thriving business is one of so many retailers experiencing the fallout from the riots and civil unrest that has ravaged the U.S. in recent days.  On the heels of the coronavirus outbreak and widespread business closures, now many

In 14 days, the Small Business Administration processed 14 years’ worth of loans, in the first round of funding for the Paycheck Protection Program. The second round has been an entirely different story. After a rush to replenish the program with $310 billion in additional funding, the second funding round began April 27. More than a

June is LGBTQ+ Pride Month, and in the past 50 years, it has grown into a massive money-making machine with an estimated 1,500 Pride events globally. It’s become a month when big businesses can show their support for the community and their employees. It’s also an opportunity to win over the support of LGBTQ+ consumers

As people find new ways to connect throughout the coronavirus pandemic, Tencent-owned TikTok — a platform that allows users to create short, 60-second videos — went from being an app on the rise to a stay-at-home staple. In fact, its popularity has exploded — in the month of March alone, 28.8 million unique U.S. users flocked to

Wine store employees catalog a new shipment of alcohol on May 28, 2020 in New York City. Government guidelines encourage wearing a mask in public with strong social distancing in effect as all 50 states in the USA have begun a gradual process to slowly reopen after weeks of stay-at-home measures to slow the spread

Kevin O’Leary told CNBC on Friday the coronavirus crisis has shown that remote working is good for employees and a business’s bottom line.  “Productivity is significantly higher when you give people what they want,” the “Shark Tank” investor said on “Squawk Box.” ”Maybe they’re taking care of an aged parent, maybe they’re raising kids, maybe they don’t want to

Businesses across the country are starting to reopen, but the economy could still face a bumpy road. The economy could take years to rebound as it faces longer-term challenges from the sharpest downturn in history, according to Moody’s Analytics chief economist Mark Zandi. “The damage to the economy already has been too significant, there’s going

Closed signs hang on a fast food restaurant amid the coronavirus pandemic on April 24, 2020 in New York City, United States. COVID-19 has spread to most countries around the world, claiming over 196,000 lives with over 2.8 million cases. (Photo by Alexi Rosenfeld/Getty Images) Alexi Rosenfeld A type of loan for small businesses impacted

Justin Horrocks | Vetta | Getty Images Laid-off employees who reject an offer of rehire may wind up being reported to the state unemployment office if their company took a forgivable federal loan. The Paycheck Protection Program is a federal loan program that was established by the CARES Act. It covers up to eight weeks