Coronavirus: Firms rush to secure new lockdown survival loans

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Coronavirus: Firms rush to secure new lockdown survival loans

Businesses have raced to secure loans under a new scheme to help smaller firms through the lockdown crisis. The Bounce Back Loans scheme went live on Monday, with Barclays seeing 200 applications in the first minute and Lloyds 5,000 within three hours …
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Costco limiting meat purchases due to high demand

NATIONAL (WRIC) — Costco has announced it is going to limit the amount of meat that customers can purchase due to high demand. The big-box chain said it is asking customers to limit purchases to three meat items per shopping trip and membership.
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J. Crew files for bankruptcy, the first national retail casualty of the coronavirus pandemic

J. Crew Group, the apparel chain known for its preppy basics, filed for bankruptcy protection Monday, becoming the first national retailer to do so during the coronavirus pandemic. The 73-year-old New York-based retailer was struggling to stay relevant long …
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Covid-19: Livestream viewings help keep Sweden's housing market going amid pandemic

STOCKHOLM: Social distancing rules are prompting Sweden’s real estate to turn increasingly to livestreaming house viewings to keep the property market going amid fears of a sharp price fall as Covid-19 hits the economy. While Sweden has opted against …
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PPP's Round 2 seems to favor smaller Mass. businesses

Despite early stumbles, almost 49,000 Bay State firms won PPP approvals last week — more than scored money in the entire first round of PPP funding. Subscribe to get the full story. Already a paid subscriber? Sign in. Subscribe to get the full story. Already a …
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