Here's How The Small Business Loan Program Went Wrong In Just 4 Weeks Not-so-small companies like Shake Shack and organizations like the LA Lakers were able to get loans that were meant for suffering small businesses. What happened?Trish Pugh started an Ohio trucking company with her husband in 2015. Even for a small business, it's small — they had two drivers, counting her husband, until they let one go because of the coronavirus crisis. And so her company applied for a loan under the first, $349 billion round of the Paycheck Protection Program, which the federal government had set up to...…Here's How The Small Business Loan Program Went Wrong In Just 4 Weeks Not-so-small companies like Shake Shack and organizations like the LA Lakers were able to get loans that were meant for suffering small businesses. What happened?Trish Pugh started an Ohio trucking company with her husband in 2015. Even for a small business, it's small — they had two drivers, counting her husband, until they let one go because of the coronavirus crisis. And so her company applied for a loan under the first, $349 billion round of the Paycheck Protection Program, which the federal government had set up to...WW…

How Social Distancing Can Destroy The Global Economy There's a curfew in Paris, and Londoners aren't allowed to invite neighbors to dinner. People are already exhausted of social distancing, but some places are introducing even more draconian measures.Stay out. It's what people are being asked to tell each other. Less than 10 days ago, London banned people who live in different households from meeting each other indoors, to stop the spread of the coronavirus. "Nobody wants to see more restrictions, but this is deemed to be necessary in order to protect Londoners' lives," London Mayor Sadiq...…How Social Distancing Can Destroy The Global Economy There's a curfew in Paris, and Londoners aren't allowed to invite neighbors to dinner. People are already exhausted of social distancing, but some places are introducing even more draconian measures.Stay out. It's what people are being asked to tell each other. Less than 10 days ago, London banned people who live in different households from meeting each other indoors, to stop the spread of the coronavirus. "Nobody wants to see more restrictions, but this is deemed to be necessary in order to protect Londoners' lives," London Mayor Sadiq...WW…