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Shake Shack, Potbelly: Companies with revenue over $100M are tapping small business relief loans

Shake Shack, Potbelly: Companies with revenue over $100M are tapping small business relief loans

·April 20, 2020, 3:30 AM UTCMore than a dozen publicly traded companies with revenue of more than $100 million, including Shake Shack Inc., Potbelly Corp. and a Tex-Mex restaurant chain with more than 10,000 employees, received loans through a massive relief program aimed at small businesses.With a $349 billion lending package for small business owners now , a review of regulatory filings shows that restaurant chains and companies in industries ranging from mining to manufacturing to cruise travel received large amounts, while much smaller businesses like neighborhood eateries and hair...

April 20, 2020
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New lobby group rises to push Amazon, e-commerce sites to tackle sale of counterfeit goods

New lobby group rises to push Amazon, e-commerce sites to tackle sale of counterfeit goods

Text Size:A-A+Washington: More than a dozen trade groups are launching a new coalition aimed at forcing e-commerce companies such as Amazon.com Inc. to take stronger measures to fight stolen or counterfeit goods sold on their platforms.The industry associations, which represent Walmart Inc., Target Corp., and Best Buy Co. Inc. among other companies, announced on Friday they are founding The Buy Safe America Coalition to back legislation that would require digital marketplaces to verify information about third-party merchants.The lobbying push by retailers will only add to the scrutiny...

August 15, 2020
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