Fabian Videla Source: Fabian Videla In March, Fabian Videla realized that his 20-year-old construction and renovation company, Smarter Remodeling,in Jacksonville, Florida, might not survive the coronavirus outbreak. “People started canceling sales appointments,” Videla, 49, said. “Current customers were apprehensive about letting crews in their houses. All of a sudden, it was a massive shutdown.” Soon,
Small Business
U.S. President Donald Trump speaks during a news conference in the White House in Washington, D.C., U.S., on Thursday, April 23, 2020. Michael Reynolds | Bloomberg | Getty Images President Donald Trump signed a $484 billion coronavirus relief package into law Friday as Washington plans the next steps in its unprecedented attempt to rescue an
Senate Minority Leader Chuck Schumer, a Democrat from New York, speaks during a news conference on Capitol Hill in Washington, D.C., on Tuesday, April 21, 2020. Sarah Silbiger | Bloomberg | Getty Images Three leading Democratic senators are urging the Small Business Administration to investigate whether banks gave the wealthy preferential treatment as they doled
Despite outrage on Main Street and new pressure from the Treasury Department this week, several publicly traded companies that received payroll relief funds from the Small Business Administration oppose demands to return the cash. The companies said the Paycheck Protection Program loans have allowed them to keep employees on payroll and that they disagree with
Food Network star Willie Degel said Thursday he does not plan to immediately open his restaurant in Georgia when the state’s coronavirus-related restrictions on his business are relaxed next week. “Being that we’re more of a middle-serve, finer-dining restaurant, I’m going to wait on the sidelines and see how the customers are reacting,” Degel said
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