A-List of Business Leaders from Apple to Walt Disney Will Steer California’s Economic Recovery

A-List of Business Leaders from Apple to Walt Disney Will Steer California’s Economic Recovery

Share This Article: Billionaire businessman and former presidential candidate Tom Steyer will co-chair the Governor’s task force. Photo by Chris Stone By Nigel Duara | CalMatters California aims to help businesses shuttered by the coronavirus pandemic by assisting them with inventory problems and credit card debt they’ve amassed. Those are among the ideas to be […]

Small-business loan program ran out of money within minutes, some banks say

Small-business loan program ran out of money within minutes, some banks say

Much of the $350 billion in the Small Business Administration’s emergency coronavirus relief fund was effectively spoken for within the first minutes of launch, according to senior banking executives. “We didn’t even get through the first five minutes of applications,” a JPMorgan Chase senior banking executive said. The bank received over 60,000 applicants for the […]