Goldman Sachs CEO David Solomon last visited Baltimore in November to celebrate entrepreneurs graduating from the firm’s 10,000 Small Businesses initiative. Nearly five months later Solomon announced Tuesday that Goldman Sachs is partnering with Baltimore and Lendistry to steer $10 ...
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Govs. Larry Hogan of Maryland and Andrew Cuomo of New York issued a bipartisan call Saturday for an additional $500 billion in federal aid for U.S. states and territories dealing with the coronavirus.
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A $349 billion program intended to help small businesses meet payroll while struggling to stay open during the COVID-19 pandemic has disappointed local businesses and advocacy organizations. In response to the outbreak of the coronavirus grinding the nation’s economy to ...
Tagged with: Federal and State Aid COVID-19 Maryland business COVID-19
Read More »Congressional leaders are jolting ahead with another coronavirus rescue package as President Donald Trump indicated that Americans will need more aid during the stark pandemic and economic shutdown.
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WASHINGTON — Treasury Secretary Steven Mnuchin on Tuesday asked congressional leaders to swiftly commit another $250 billion to replenish a new small business coronavirus program that is being overwhelmed by surging demand. Republicans plan to push the matter in Congress ...
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Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare for the deluge.
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In response to the COVID-19 outbreak hammering businesses in Maryland and across the nation nearly every level of government is providing funds to help small firms retain employees and stay open. Government agencies, such as the Small Business Administration and ...
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President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law Friday.
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The Senate passed a mammoth $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic, an unprecedented response amid record new jobless claims and mounting evidence that the economy is in a recession.
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The $2 trillion stimulus package that now appears headed for congressional approval contains a variety of provisions that would offer help to Maryland, from unemployment benefits to small business loans, from extended unemployment benefits to direct payments to taxpayers. The ...
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