Small Business

Amazon’s dominance has been solidified during the coronavirus pandemic, but the consequences of that are complicated, CNBC’s Jim Cramer said Thursday.  “Amazon is either the Grim Reaper for everyone or the greatest thing that’s ever happened to the American consumer. Or maybe both,” Cramer said on “Squawk on the Street.”  “Has Amazon not become a country

The government’s nearly $350 billion loan program for small businesses officially ran out of funds on April 16, even as many American business owners are still struggling to make ends meet or plan for an uncertain future amid the coronavirus pandemic. Congress and the Trump Administration continue to negotiate on adding another $250 billion to

Chris Myers, a Baltimore-based photographer, has applied for a PPP loan Chris Myers | Chris Myers Photography Chris Myers applied for a forgivable loan from the federal government. He’s running his business as if the additional lifeline may not be on its way. “I’m just cobbling enough work together to try covering my studio rent

A worker at NYC-based tech company Adafruit makes a face shield during the coronavirus pandemic in 2020. Adafruit.com Across New York City, businesses hardly resemble their pre-pandemic operations. Fashion designers are sewing face masks instead of garments, restaurants have transformed into grocery stores and distilleries are making alcohol that’s too strong to drink. Kings County

filadendron As small businesses sought emergency federal loans, financial advisors not only assisted clients, but also applied for aid to bolster their practices. The Paycheck Protection Program, the $349 billion small-business loan offering, ran out of money on April 16 after being open for close to two weeks. More than 1.6 million businesses were approved