Month: July 2020

WASHINGTON, DC – JUNE 05: U.S. President Donald Trump shushes journalists before signing the … [+] Paycheck Protection Program Flexibility Act in the Rose Garden at the White House June 05, 2020 in Washington, DC. In the midst of nationwide protests against the death of George Floyd, the U.S. Labor Department announced the unemployment rate
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A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images New York state financial regulators said Tuesday that they have slapped Deutsche Bank with a $150 million penalty in relationship to the bank’s dealings with accused child sex trafficker Jeffrey Epstein, the now-dead investor.
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krisanapong detraphiphat Americans have lost more than $77 million in fraud related to Covid-19, according to the Federal Trade Commission. But that tally is likely a severe undercount amid an “unprecedented” scope of scams connected to the coronavirus, according to John Breyault, vice president of public policy, telecommunications and fraud at the National Consumers League,
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Billionaires, country clubs, private jet companies and Kanye West all received millions in government funding under the Paycheck Protection Program, according to the Small Business Administration.  The PPP loans and grants were part of the $2 trillion CARES Act, which President Donald Trump signed into law this spring. The loans were designed to help small
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             Congress is sharpening its pencils as to the next round of legislation seeking to address the problems facing the nation due to the continuing impact of Covid-19. High on the list — as a means to encourage economic growth — is expanding the R&D tax credit. Time for business owners to make sure they are taking a
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Major private jet companies receive more than $200 million in government funding An airport ground crew prepares a Cessna 510 jet airplane for takeoff at Santa Fe Municipal Airport in Santa Fe, New Mexico. Robert Alexander | Getty Images Major private jet companies, including Wheels Up and OneSky Flight, received more than $200 million in
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Monica Murphy One of the small-business loan relief programs included in the historic stimulus package Congress passed in March contains a provision that many gig workers and freelancers might have overlooked. They’re eligible for a $1,000 grant that doesn’t need to be repaid. Here’s how it works: Amid the coronavirus pandemic, small-business owners who have
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