PPP is a better option than the Fed's lending facility, Powell said.
Civil unrest coupled with the coronavirus pandemic have been a “punch in the gut,” Kentucky restaurant owner Sam Cruz said on Wednesday.
Washington, D.C., Mayor Muriel Bowser has announced a grant program to help keep restaurants and stores afloat during the winter months.
Three businesses are threatening a lawsuit against the state of Oregon over coronavirus restrictions that they say have led to unemployment.
The standalone package would include a second draw from the Paycheck Protection Program, as well as expedited loan forgiveness and full tax deductibility for PPP recipients.
Adam Stone, owner of The Little Gym in Chicago, spoke to Fox Business about how he quickly shifted his children’s gym franchise following the coronavirus outbreak.
House Republicans are pushing to reopen a key federal relief program designed to keep small businesses afloat during the coronavirus pandemic.
The magic number to break-even is “50%” capacity “at a very minimum,” the owner of a New Jersey sports bar, who is planning to sue Gov. Phil Murphy over indoor dining restrictions, said on Thursday.
The New York City Council passed a law that allowed restaurants to add a 10 percent charge on customers’ bill in order to provide some relief in the wake of the pandemic.
Darmody Enterprises L.T.D., the owner and operator of the nearly a dozen restaurants in question, allegedly defied labor laws in the manner through which it allowed 14- and 15-year-old employees to work at the locations.
New Jersey Business & Industry Association President Michelle Siekerka argued that reopening indoor dining at a quarter capacity is keeping the industry and small businesses at risk.
Ohio’s Black-owned and operated Hen Quarter is serving as an example of endurance and inspiration during the coronavirus pandemic.
The VP of communications for the iconic Harlem, New York, restaurant Sylvia's warned that it's "going to be tough winter for most" New York City restaurants amid the coronavirus pandemic.
Democratic leaders in the New York City, state, and federal governments have made business difficult for restaurant owners during the coronavirus pandemic, Bobby Vans Steakhouses owner Joseph Smith told Fox Business Network's "Varney & Co." Friday.
San Francisco announced Thursday that the city will allow hair salons, gyms and other personal services to reopen next week, just days after House Speaker Nancy Pelosi’s visit to a shuttered salon sparked an outcry.
The unrest that besieged Kenosha, Wis., for several days following the police shooting of a Black man last month resulted in $50 million in damage to buildings and businesses, officials said.
The Department of Justice has charged 57 people since May with trying to steal more than $175 million from the Paycheck Protection Program.
Lady Gaga’s father, a restaurant owner in Manhattan, told FOX Business on Thursday in reaction to the governor’s announcement the day before that 25% capacity “is not going to be enough.”
Former Starbucks CEO Howard Schultz on Wednesday said he is "trying to be a voice" for struggling small business owners by supporting a Senate bill known as the RESTART Act.
New York City Mayor Bill de Blasio and Democratic Gov. Andrew Cuomo have kept bans on indoor dining in the Big Apple in place due to coronavirus, putting restaurant owners at risk of losing their livelihood as the summer winds down.