U.S. President Donald Trump speaks as Vice President Mike Pence looks on during a news briefing on the latest development of the coronavirus outbreak in the U.S. at the James Brady Press Briefing Room at the White House March 18, 2020 in Washington, DC. Alex Wong | Getty Images The COVID-19 pandemic is a matter
Small Business
Rob Frohwein, CEO of Kabbage Adam Jeffery | CNBC Consumers who are concerned about the survival of their local businesses amid the coronavirus outbreak are finding new technology-enabled platforms that allow shoppers to buy for a better future. Online small business lender Kabbage launched on Wednesday a service called “Kabbage Payments,” which allows any business
Sen. Marco Rubio told CNBC on Wednesday he wants to use a network of lenders for an existing program to help small business employers and employees weather the economic fallout from the coronavirus crisis. “We need to start thinking about not just small business, obviously, but the people who work for them,” said the Florida
CEOs across the globe are coming to terms with the reality that business will be anything but normal over the coming months as the impact of the coronavirus pandemic continues to escalate. But while revenues are set to suffer a short-term hit, the majority of leaders remain confident that their companies will be back on
A shopper walks through a near-empty shopping mall. Source: Getty Images President Donald Trump and Capitol Hill are working on multiple fronts to make sure the U.S. Small Business Administration has the ability to offer small business owners across the U.S. as much as $50 billion in loans to stay afloat during the widening economic shutdown
Amazon Founder and CEO Jeff Bezos addresses the audience during a keynote session at the Amazon Re:MARS conference on robotics and artificial intelligence at the Aria Hotel in Las Vegas on June 6, 2019. Mark Ralston | AFP | Getty Images Since its humble origins as an online bookseller that debuted out of founder Jeff
Natale Servino, general manager of Servino Ristorante Jeniece Pettitt | CNBC Servino Ristorante, an upscale Italian restaurant in Tiburon, California, is a short drive or ferry ride from San Francisco, where scores of software and internet companies have emerged over the past decade. Normally the 42-year-old restaurant, with picturesque views of the Bay, benefits from
As the coronavirus cases spreads around the country, small business owners are beginning to feel early impacts, such as supply-chain problems and lost sales. New data from the National Federation of Independent Business show that the current effects may be limited, but worries are big. The group found that 74% of small businesses say they
President Donald Trump speaks about the U.S response to the COVID-19 coronavirus pandemic during an address to the nation from the Oval Office of the White House in Washington, U.S., March 11, 2020. Doug Mills | Reuters Small business owners on Main Street now have an economic lifeline that can help them weather the coronavirus
Washington Gov. Jay Inslee eating a slice of cherry pie at A La Mode Pies on Pi Day in 2018 Chris Porter Last year, Three Babes Bakeshop sold more pies for Pi Day than for Thanksgiving. Usually around this time of year, it has sold out of the 3,000 pies it makes for the holiday
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