Small Business

1010 WINS Newsroom
June 30, 2020 - 9:23 pm
WASHINGTON (AP) — Democrats drove a temporary extension of a popular subsidy program for small businesses through the GOP-controlled Senate late Tuesday, an unexpected development that came as spikes in coronavirus cases in many states are causing renewed shutdowns of bars and other businesses. The...
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FILE - In this Friday, June 26, 2020 file photo, Barber Mike McAndrew holds a mirror as customer Rob Verrastro looks at his new haircut at Three Saints Barbershop and Shave Parlor in Jessup, Pa. Restaurants, retailers and salons are desperately trying to stay afloat as the U.S. economy reopens in fits and starts after months in a coronavirus lockdown. But billions of dollars allocated by Congress as a lifeline to those very businesses are about to be left on the table when the government's Paycheck Protection Program stops accepting applications for loans Tuesday, June 29. (Christopher Dolan/The Times-Tribune via AP, File)
1010 WINS Newsroom
June 29, 2020 - 3:12 pm
NEW YORK (AP) — Billions of dollars offered by Congress as a lifeline to small businesses struggling to survive the pandemic are about to be left on the table when a key government program stops accepting applications for loans. Business owners and advocacy groups complain that the money in the...
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FILE - In this April 21, 2020, file photo Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. The Trump administration has abruptly dropped on Friday, June 19, its insistence on secrecy for a $600 billion-plus coronavirus aid program for small businesses. Mnuchin refused to do so at a Senate hearing last week, saying the data was “proprietary information.” (AP Photo/Alex Brandon, File)
1010 WINS Newsroom
June 26, 2020 - 8:22 pm
WASHINGTON (AP) — After prodding from Democratic lawmakers, the Trump administration has agreed to give Congress — but not the public — complete data on the millions of small businesses that received loans from a $600 billion-plus coronavirus aid program. Senior administration officials told...
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FILE - In this April 21, 2020, file photo Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. The Trump administration has abruptly dropped on Friday, June 19, its insistence on secrecy for a $600 billion-plus coronavirus aid program for small businesses. Mnuchin refused to do so at a Senate hearing last week, saying the data was “proprietary information.” (AP Photo/Alex Brandon, File)
1010 WINS Newsroom
June 21, 2020 - 2:53 pm
NEW YORK (AP) — The Trump administration has relented to public pressure and pledged to provide more details about which small businesses received loans from a $600 billion-plus coronavirus aid program. But government watchdogs say even more transparency is needed to get an accurate picture of who...
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FILE - In this April 21, 2020, file photo Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. The Trump administration has abruptly dropped on Friday, June 19, its insistence on secrecy for a $600 billion-plus coronavirus aid program for small businesses. Mnuchin refused to do so at a Senate hearing last week, saying the data was “proprietary information.” (AP Photo/Alex Brandon, File)
1010 WINS Newsroom
June 19, 2020 - 9:03 pm
WASHINGTON (AP) — The Trump administration has abruptly dropped its insistence on secrecy for a $600 billion-plus coronavirus aid program for small businesses. The administration announced Friday it will publicly disclose the names of recipients of the taxpayer-funded loans, the amounts they...
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Kymme Williams-Davis
1010 WINS
1010 WINS Newsroom
June 19, 2020 - 5:57 pm
A fourth-generation Bushwick resident who owns a community cafe dedicated to promoting healthy food access has won this year’s 1010 WINS Small Business $10K Challenge.
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Elderly residents wearing masks to curb the spread of the coronavirus wait at a bus stop with a map of Beijing near a neighborhood under lockdown in Beijing Tuesday, June 16, 2020. Chinese authorities locked down a third neighborhood in Beijing on Tuesday as they rushed to prevent the spread of a new coronavirus outbreak that has infected more than 100 people in a country that appeared to have largely contained the virus. (AP Photo/Ng Han Guan)
1010 WINS Newsroom
June 16, 2020 - 10:58 pm
WELLINGTON, New Zealand — New Zealand Prime Minister Jacinda Ardern has assigned a top military leader to oversee the nation’s border quarantine measures after what she described as an “unacceptable failure” by health officials in allowing two women who had recently returned from London to leave...
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1010 WINS Newsroom
June 16, 2020 - 4:09 pm
SILVER SPRING, Md. (AP) — The Trump administration says a recent rule change allows small business owners convicted of felonies to apply for government loans to help them weather the COVID-19 pandemic, but civil rights groups claim the program revision doesn’t go far enough. The groups, including...
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Treasury Secretary Steven Mnuchin speaks during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, Wednesday, June 10, 2020 on Capitol Hill in Washington. (Al Drago/Pool via AP)
1010 WINS Newsroom
June 16, 2020 - 4:05 pm
WASHINGTON (AP) — Government watchdogs are warning that a legal determination by the Trump administration could severely limit their ability to oversee more than $1 trillion in spending related to the coronavirus pandemic. In a letter to four congressional committees, a panel of inspectors general...
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Treasury Secretary Steven Mnuchin speaks during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, Wednesday, June 10, 2020 on Capitol Hill in Washington. (Kevin Dietsch/Pool via AP)
1010 WINS Newsroom
June 15, 2020 - 3:51 pm
WASHINGTON (AP) — A House subcommittee investigating billions of dollars in coronavirus aid is demanding that the Trump administration and some of the nation's largest banks turn over detailed information about companies that applied for and received federal loans intended for small businesses. The...
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