MIAMI (AP) — A Georgia man and a California woman have been sentenced to prison for fraudulently obtaining coronavirus relief funds through a program designed to help small businesses across the nation stay afloat.
NEWARK, N.J. (AP) — A man admitted in federal court in New Jersey that he participated in a scheme to fraudulently try to obtain nearly $7 million in Paycheck Protection Program loans.
Gregory Blotnick, 34, pleaded guilty Wednesday to wire fraud and money laundering.
WASHINGTON (AP) — The nomination of a Pakistani-born businessman who would be the highest-ranking Muslim in the U.S. government is in jeopardy because Senate Republicans have repeatedly blocked his confirmation.
NEW YORK (AP) — For a brief moment this summer, it seemed like small businesses might be getting a break from the relentless onslaught of the pandemic. More Americans, many of them vaccinated, flocked to restaurants and stores without needing to mask up or socially distance.
A man who faked suicide and went on the run to avoid prosecution for fraudulently seeking hundreds of thousands of dollars in coronavirus pandemic relief loans intended for struggling small businesses was sentenced Thursday to nearly five years in prison.
PROVIDENCE, R.I. (AP) — Gov. Dan McKee disclosed his plans Thursday to spend about $113 million of Rhode Island's more than $1.1 billion in federal relief funds on essential needs including affordable housing, support for small businesses, and bonuses for child care workers.
BRUSSELS (AP) — The European Union on Wednesday urged member countries to provide relief funds to consumers and small businesses hit hardest by rising gas and electricity prices, as criticism mounts that the bloc’s climate change fighting policies are fueling the problem.
OMAHA, Neb. (AP) — Three Omaha residents face fraud charges related to applications for loans intended to help small businesses affected by the COVID-19 pandemic, according to federal prosecutors.
LOS ANGELES (AP) — Tyra Banks, Kevin Hart and Shaquille O’Neal are among the celebrities taking part in a live-streamed special intended to boost Black-owned businesses and entrepreneurship.
Daymond John of TV's “Shark Tank” will host "Black Entrepreneurs Day” from New York City's Apollo Theater on Oct.
DETROIT (AP) — Applications are being accepted for the latest round in a program that awards competitive grants and other resources to entrepreneurs in Detroit.
Organizers say Motor City Match works to help build retail density throughout the city.
WICHITA, Kan. (AP) — A federal grand jury on Thursday indicted former Kansas state Rep. Michael Capps on 19 counts alleging that he tried to defraud federal, state and county government organizations out of more than $450,000 in coronavirus relief funding.
NEW YORK (AP) — A week or more after Ida, business owners from Louisiana to Connecticut are still adding up the financial losses and assessing the physical and emotional toll, grappling to find a way forward.
CONCORD, N.H. (AP) — New Hampshire U.S. Rep. Chris Pappas has reintroduced a bill to help small business owners and rural entrepreneurs grow.
“New Hampshire’s small businesses are the backbone of our economy, but half of small businesses are currently unable to access adequate capital when they seek it,” Pappas said in a news release last week.
New York (AP) — Small businesses hit by Hurricane Ida face a slow and daunting recovery as they grapple with storm damage, a lack of power, water and internet service and limited ability to communicate with clients or customers.
BOSTON (AP) — Federal authorities announced Monday that men from Massachusetts and New Hampshire have been charged in connection with their alleged roles in a scheme that used stolen identities to fraudulently obtain more than $450,000 in disaster loans from the Small Business Administration.
KANSAS CITY, Mo. (AP) — Some Jackson County executives are considering using $136 million in COVID-19 relief funds to help fund renovations at the county courthouse.
BATON ROUGE, La. (AP) — Charities, faith-based organizations, other nonprofit agencies and small businesses can start submitting applications Monday for grants of up to $25,000 in coronavirus relief aid set aside by state lawmakers.
RICHMOND, Va. (AP) — Virginia lawmakers gave final approval Monday to a spending plan for most of the state's $4.3 billion in federal coronavirus relief money, including funding for initiatives aimed at helping small businesses, increasing broadband access and replenishing the state’s depleted unemployment trust fund.
RICHMOND, Va. (AP) — The Virginia House and Senate gave initial approval Wednesday to budget legislation allocating billions of dollars in federal coronavirus relief money, each passing slightly different bills that lawmakers will have to reconcile.
MONTPELIER, Vt. (AP) — Performance venues across Vermont that were closed by the COVID-19 pandemic will get up to $18.7 million in federal funding to help them survive, the state's congressional delegation said.
Small businesses in the U.S. that depend on tourism and vacationers say business is bouncing back, as Americans rebook postponed trips and spend freely on food, entertainment and souvenirs.
CHAPEL HILL, N.C. (AP) — Bret Oliverio says he wants college athletes to endorse his Sup Dogs restaurant along the main Franklin Street drag steps from the University of North Carolina.
RICHMOND, Va. (AP) — Virginia Gov. Ralph Northam is calling for $353 million from the latest federal coronavirus relief bill to go toward boosting economic recovery efforts for small businesses and industries that took a hit during the pandemic.
PHOENIX (AP) — Arizona Gov. Doug Ducey on Friday signed legislation banning state or local governments from requiring training in “critical race theory” and a bill creating a new small business income tax category that will allow small business owners to avoid paying any of the 3.5% income tax surcharge voters approved in November.
A pandemic-fueled boom in crowdfunding has small businesses flocking to capital-raising platforms that experts say could help many companies get back to normal — as long as small-business owners are able to launch effective campaigns.
PHOENIX (AP) — After slashing $1.9 billion in income taxes mainly benefiting upper-income taxpayers and shielding them from higher taxes approved by voters in an initiative last year, the Republican-controlled House returned Friday and passed more legislation targeting Proposition 208.
NEW YORK (AP) — Small businesses that endured shutdowns and lower revenue during the COVID-19 outbreak now must contend with another crisis: spiking prices for goods and services that squeeze profits and force many owners to pass the increases along to customers.
BATON ROUGE, La. (AP) — Gov. John Bel Edwards has signed key pieces of a complicated tax swap plan to disentangle Louisiana's income tax collections from federal tax payments, but it still needs voter approval this fall to take effect.
CHARLESTON, W.Va. (AP) — A new campaign is encouraging West Virginia residents to support small businesses as the economy continues to reopen.
The West Virginia Small Business Development Center launched its “Come In, We’re Open” campaign on Sunday.
DETROIT (AP) — Huntington Bank is pledging $40 billion toward improving financial opportunities for consumers and businesses, while tackling social, racial and economic inequities.
The Columbus, Ohio-based bank announced its community plan Wednesday in Detroit where its commercial banking segment is headquartered.
WASHINGTON (AP) — Vice President Kamala Harris announced Tuesday that the Biden administration is distributing $1.25 billion to hundreds of community lenders in an effort to help boost the economic recovery from the coronavirus for small businesses and disadvantaged business owners.
Small businesses that survived the COVID-19 pandemic still face a long road to recovery, but some of the innovations business owners adopted last year may outlast the pandemic itself.
“If you make it through this, you ask, you learn, you adapt, and I think it only makes you stronger,” says Keith Hall, president and CEO of the National Association for the Self-Employed.
DENVER (AP) — Colorado’s Legislature during its 2021 session launched an ambitious path to recovery from the coronavirus pandemic's devastating economic and social consequences, with majority Democrats doling out millions of dollars to dozens of business and health care needs.
SANTA FE, N.M. (AP) — New Mexico state finance authorities have said that demand appears to be building for minimum-interest loans aimed at helping small businesses that lost income or experienced major disruptions during the coronavirus pandemic.
CHARLESTON, W.Va. (AP) — Businesses and residents in areas affected by severe storms and flooding in West Virginia earlier this year can apply for low-interest disaster loans from the U.S. Small Business Administration, the agency said.
NEW YORK (AP) — Some small businesses forced to turn to online lenders for pandemic relief are making those niche players a bigger part of their financial game plan, and are even considering dumping their traditional banks altogether.
When the COVID-19 pandemic hit, communities around the U.S. rallied to help small businesses by launching “shop local” initiatives, purchasing gift cards and starting fundraising campaigns .
Now that states have begun to roll back social distancing restrictions and vaccination rates continue to climb, small businesses still need continued support.
NEW YORK (AP) — In many downtown areas where companies closed their offices and commuting ground to a halt, sandwich shops, bakeries and other small businesses are waiting with guarded optimism for their customers to return.
SACRAMENTO, Calif. (AP) — California is getting $27 billion in federal coronavirus relief, and Gov. Gavin Newsom said Thursday that he wants to give some of that money to small-business owners that were forced to temporarily close during the pandemic.
TUNIS, Tunisia (AP) — Tunisian authorities plan to reopen the economy next week amid public pushback against virus restrictions, even as the country's hospitals are struggling for enough oxygen to treat a persistently high number of COVID-19 patients.
HONOLULU (AP) — A former CEO of Hawaii company accused of defrauding banks of money meant to assist businesses affected by the coronavirus pandemic pleaded not guilty Wednesday.
Martin Kao, who was CEO of Martin Defense Group LLC, formerly known as Navatek LLC, is charged with bank fraud and money laundering.
IRVINE, Calif. (AP) — A Southern California man has pleaded not guilty to charges he obtained $5 million in federal coronavirus-relief loans for phony businesses and then used the money for lavish vacations and to buy a Ferrari, Bentley and Lamborghini, prosecutors said Monday.
NEW YORK (AP) — The government’s key COVID-19 relief program for small businesses has run out of money.
The Small Business Administration said Wednesday that the Paycheck Protection Program has been exhausted.
TOPEKA, Kan. (AP) — Republican lawmakers advanced a plan Tuesday to provide hundreds of millions of dollars to Kansas businesses hurt by coronavirus pandemic restrictions, and they're poised to give GOP leaders the final say over how the federal COVID-19 relief funds are spent.
AUGUSTA, Maine (AP) — Democratic Gov. Janet Mills wants to use more than $1 billion in federal pandemic aid to help the state’s economy recover from the pandemic and address long-term infrastructure needs.
NEW YORK (AP) — Thousands of restaurants and bars decimated by the COVID-19 outbreak have a better chance at survival as the government begins handing out $28.6 billion in grants ¬— money to help these small businesses stay afloat while they wait for customers to return.
LOUISVILLE, Ky. (AP) — The U.S. Small Business Administration has low-interest disaster loans available to businesses and residents in parts of Kentucky due to storms that occurred in late February through mid-March.
NEW YORK (AP) — Small businesses in the U.S. fueled demand for delivery, helping UPS post better-than-expected earnings and revenue for the first quarter of the year.
That sent the company's stock to an all-time high Tuesday.
I get it. It’s easy to shop on Amazon. Running low on toilet paper? Need lightbulbs? Want a bath caddy on a whim? With two clicks and even less thought, the item you need/want/desire is at your doorstep, often in 48 hours or less.
SACRAMENTO, Calif. (AP) — The California Legislature approved a major tax break for small businesses on Monday, voting to give up as much as $6.8 billion in revenue over the next six years so that struggling business owners can have smaller bills.