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Author: Ledyard King, USA TODAY

News

Riots. Radicalism. Corruption. Trump and Biden supporters turn to apocalyptic themes in campaign ad wars.

August 1, 2020Ledyard King, USA TODAYComments Off on Riots. Radicalism. Corruption. Trump and Biden supporters turn to apocalyptic themes in campaign ad wars.

With Trump floundering in the polls, his campaign has spent heavily to define Biden. Biden has sought to mostly reintroduce himself to voters.

News

Fact check: Peter Navarro’s claims about Dr. Anthony Fauci are misleading, lack context

July 15, 2020Ledyard King, USA TODAYComments Off on Fact check: Peter Navarro’s claims about Dr. Anthony Fauci are misleading, lack context

Trump adviser Navarro claims Fauci “has been wrong about everything I have interacted with him on” regarding coronavirus. Here’s what the facts show.

News

Senate passes fixes to Paycheck Protection Program designed to keep small business afloat during coronavirus

June 4, 2020Ledyard King, USA TODAYComments Off on Senate passes fixes to Paycheck Protection Program designed to keep small business afloat during coronavirus

Restaurants in particular had asked for changes that allow a larger portion of the forgivable loans to be spent on non-payroll expenses such as rent.

News

Democrats’ $3 trillion coronavirus stimulus proposal includes more $1,200 checks, money for state and local governments

May 12, 2020Ledyard King, USA TODAYComments Off on Democrats’ $3 trillion coronavirus stimulus proposal includes more $1,200 checks, money for state and local governments

Pelosi and the Democrats are putting forth a bill with more $1,200 checks for Americans and nearly a trillion dollars for state and local governments.

Money

Hundreds of publicly traded companies got more than $1 billion from PPP small-business fund

May 10, 2020May 11, 2020Ledyard King, USA TODAYComments Off on Hundreds of publicly traded companies got more than $1 billion from PPP small-business fund

There’s no known evidence any of the companies violated the rules of the PPP, which approved more than $500 billion in loans during the past five weeks.

News

‘What a mess’: Antiquated system, heavy volume keep delaying loans for small businesses suffocating under coronavirus

April 27, 2020Ledyard King, USA TODAYComments Off on ‘What a mess’: Antiquated system, heavy volume keep delaying loans for small businesses suffocating under coronavirus

The Paycheck Protection Program is trying to manage an unprecedented flood of loan applications with a computer system not designed to handle such a load.

Money

Companies face harder time getting government-backed loans meant for small businesses hurt by coronavirus

April 23, 2020Ledyard King, USA TODAYComments Off on Companies face harder time getting government-backed loans meant for small businesses hurt by coronavirus

Thousands of small businesses continue to be shut out of the Paycheck Protection Program as Fortune 500 companies secure millions in forgivable loans.

Nation

Bernie Sanders drops out of presidential race, saying he concluded his path to victory was ‘virtually impossible’

April 8, 2020Ledyard King, USA TODAYComments Off on Bernie Sanders drops out of presidential race, saying he concluded his path to victory was ‘virtually impossible’

Sanders’ exit means former Vice President Joe Biden has a clear path to the 2020 Democratic presidential nomination to face Donald Trump in November.

Money

‘A stampede’: Marco Rubio says non-stop demand for small business rescue program is straining capacity

April 8, 2020Ledyard King, USA TODAYComments Off on ‘A stampede’: Marco Rubio says non-stop demand for small business rescue program is straining capacity

Florida Sen. Marco Rubio, who chairs the Small Business Committee, supports adding another $250 billion to the Paycheck Protection Program.

Money

As the Trump administration praises coronavirus relief program, lenders and small businesses criticize delays

April 3, 2020April 6, 2020Ledyard King, USA TODAYComments Off on As the Trump administration praises coronavirus relief program, lenders and small businesses criticize delays

The coronavirus crisis is putting added pressure on small business, 29% of which prior were unprofitable and 47% had two weeks or less of cash.

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