Archive for April 2020
‘Futures Fund’ offers credit lines for minority-owned small businesses
Small businesses have another fund to look to for help as the coronavirus pandemic continues to pound the economy. Read More
Read MoreTJX Cos. to cut exec pay for 2 months, furlough employees in April
The Framingham-based retail giant will cut its executive pay between April 12 and July 4. Read More
Read MoreBoston University lays off 1,600 student workers
In another example of the coronavirus pandemic’s economic toll, Boston University has laid off 1,636 part-time student employees. Read More
Read MoreCVS offers new rapid coronavirus test at drive-thru site
CVS Health has partnered with the state to offer rapid coronavirus testing at a new site in Lowell, offering results in as little as five minutes for residents suspected of having the disease. Read More
Read MoreFive things you need to know today, and how bad can this get?
Good morning, friends. Here are the five things you need to know to start your Tuesday, plus Tom Brady’s message to fans, Some Good News and just how bad our joblessness could get. Read More
Read MoreWalsh to contractors: “Shut it down”
Boston was the first major American city to shut down construction to slow the spread of COVID-19. Read More
Read MoreExclusive: Insurance startup shifts into lower gear with huge layoff
The San Francisco–based company, which has a Boston location, said the layoffs would create a “runway to ensure a full recovery.” Read More
Read MoreMassachusetts business outlook hits worst-ever drop
AIM’s Business Confidence Index has never recorded a one-month drop this severe. Read More
Read MoreOp-ed: Action, not aspirations, for our most vulnerable businesses
With at least 50,000 small businesses across America already closed, and more added to this list each day, we cannot let our most vulnerable businesses fall through the cracks of the system that was created to help them weather the crisis. Read More
Read MoreWells Fargo closes loan window for SBA relief program
Wells Fargo’s news will stun millions of small business owners and nonprofits that had planned to file applications for the SBA Paycheck Protection Program this week. Read More
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