Small Business

Leaning on his experience as a restaurant owner, CNBC’s Jim Cramer said Friday the U.S. government has an obligation to aid small businesses that are shut down during the coronavirus pandemic. “I had a business that was closed. It was doing great, and then one day I learned I was closed,” Cramer said on “Squawk on the Street.”
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Daniel Chan is among a number of small-business owners who rely on the tech industry’s parties and conferences and are now staring at blank calendars with no idea of when they will be able to return to their livelihoods. Courtesy of Daniel Chan Daniel Chan makes a good living doing magic shows around the San
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Film producer Jeffrey Katzenberg said Friday he doesn’t think the movie industry has to choose between releasing movies on the big screen or debuting them on streaming services.  “I don’t think these things are mutually exclusive,” the co-founder of DreamWorks Animation said on CNBC’s “Closing Bell.”  In fact, Katzenberg said he believes the film industry
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Steven Mnuchin, U.S. Treasury secretary, speaks during a Coronavirus Task Force news conference at the White House in Washington, D.C., U.S., on Thursday, April 2, 2020. Kevin Dietsch | Bloomberg | Getty Images The Treasury Department changed the terms on some loans it’s offering to small businesses during the coronavirus pandemic, making them more unfavorable
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Jourdain Degarmo, CEO of Mr. Muggles’ Dogs Joe Drypolcher Jourdain Degarmo had to lay off all seven employees from his doggie day care in San Francisco last month after California’s shelter-in-place order required non-essential workers to stay home. Degarmo has continued paying salaries with his cash on hand but needs help from the government to keep
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A few hours before the expected launch of a federal program to dole out at least $350 billion in loans to small businesses struggling amid the coronavirus pandemic, none of the participating banks interviewed by CNBC are sure they’ll be ready. From massive global institutions with trillion dollar balance sheets to regional banks and small
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Serial entrepreneur Gary Vaynerchuk says businesses should begin to innovate in this time of crisis by thinking outside of current strategies and concepts that have always been available. Mary Stevens | CNBC As we navigate through this current landscape and uncharted waters amid coronavirus, a lot of businesses are going to find themselves in challenging
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President Donald Trump signs the $2.2 trillion coronavirus aid package bill as White House Economic Council Chairman Larry Kudlow, Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell (R-KY), House Minority Leader Kevin McCarthy (R-CA), Vice President Mike Pence and Rep. Kevin Brady (R-TX) watch in the Oval Office of the White House in Washington,
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New York City appetizing shop Russ & Daughters has weathered the Spanish flu, wars, depressions, recessions, terror attacks, and hurricanes. But the coronavirus pandemic is unprecedented.  “This is uncharted waters,” said Niki Russ Federman, the fourth-generation co-owner of the shop, which serves Jewish delicacies like smoked fish and latkes. Russ & Daughters began business 106
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Small businesses are getting a potential lifeline from Congress. The massive $2 trillion economic rescue package — expected to get final approval from Congress on Friday — includes provisions aimed at helping smaller employers weather the economic storm brought on by the coronavirus pandemic. “We are cautiously optimistic that this will provide the cash flow
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