Menifee’s ‘Zero Stop Shop’ introduced to city businesses in virtual stakeholder workshop
Menifee staff presented a virtual stakeholder workshop Friday, April 10, designed to help leaders from the commercial, industrial and retail areas understand and utilize...
SBA clarifies eligibility of faith-based organizations to participate in paycheck protection and economic injury...
WASHINGTON – Jovita Carranza, administrator of the U.S. Small Business Administration, announced that SBA issued guidance clarifying that all faith-based organizations impacted by the coronavirus are eligible to...
SoCalGas launches an update to the CARE customer assistance program
LOS ANGELES – Southern California Gas Co. launched a campaign titled, “SoCalGas CAREs” for customers whose income may have recently changed due to COVID-19...
County fees for commissary, waste permits headed higher
The Riverside County Board of Supervisors approved increasing fees charged by the Riverside County Department of Environmental Health for permits to sell food in...
Small business lending program on hold after reaching limit
JOYCE M. ROSENBERG and ANDREW TAYLOR
AP Business Writer
NEW YORK (AP) — The government's lending program for small businesses is on hold.
The Small Business...
Banks brace for big loan defaults by US, global customers
KEN SWEET
AP Business Writer
NEW YORK (AP) — The major banks in the U.S. are anticipating a flood of loan defaults as households and...
Government nears lending limit on small business program
NEW YORK (AP) — The government is approaching the $349 billion lending limit on its Paycheck Protection Program that is funneling relief money to...
Commerce locks up and retail sales plunge unprecedented 8.7%
CHRISTOPHER RUGABER and ANNE D'INNOCENZIO
AP Economics Writer
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak...
Factory shutdowns near WWII demobilization levels in US
PAUL WISEMAN AP
Economics Writer
WASHINGTON (AP) — American industry collapsed in March as the pandemic wreaked havoc on the U.S. economy. Manufacturing and overall...
IMF: Global economy will suffer worst year since Depression
By PAUL WISEMAN and MARTIN CRUTSINGER AP Economics Writers
WASHINGTON (AP) — Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer...