Newsroom

SBA Loan Program Starts As Small Businesses Make Urgent Applications

Sat, 04 Apr 2020 00:13:35 +0000
A $349 billion program to throw them a financial lifeline got off to a rocky start on Friday as the U.S. economy continu...

Photos: In Rural Towns and on Remote Farms, the Virus Creeps In

Sat, 04 Apr 2020 16:38:04 +0000
In places where social distancing was already a way of life, the relentless pandemic has begun to reshape the economy....

OPEC Meeting Is Delayed as Saudi and Russian Tensions Flare

Sat, 04 Apr 2020 22:13:04 +0000
The meeting, planned for Monday, had buoyed hopes for a quick deal to end the turmoil in oil markets....

Private Equity Firm Pushes for Broader Access to Fed Lending Program

Sat, 04 Apr 2020 20:44:09 +0000
Apollo has led a push to expand a program intended to keep loans flowing to small businesses and households by allowing ...

‘Zoombombing’ Becomes a Dangerous Organized Effort

Fri, 03 Apr 2020 22:27:53 +0000
Zoom, the videoconferencing app, has become a target for harassment and abuse coordinated in private off-platform chats....

Decade of Job Growth Comes to an End, Undone by a Pandemic

Fri, 03 Apr 2020 21:22:01 +0000
After an expansion that added 22 million to U.S. payrolls, March registered a loss, and worse is yet to come....

It’s Bedlam in the Mask Market, as Profiteers Out-Hustle Good Samaritans

Fri, 03 Apr 2020 20:52:38 +0000
Hospitals, governments, do-gooders and hucksters are all competing. Scams and prices are soaring....

For Small-Business Owners, Hard Decisions Become Personal

Fri, 03 Apr 2020 18:33:27 +0000
As entrepreneurs determine how to keep their businesses afloat, some choices could seriously harm employees who have wor...

You Have an Extra 3 Months to File Your Taxes. Should You Wait?

Fri, 03 Apr 2020 13:00:09 +0000
If you’re owed a refund, it may be better to file quickly. You can also file your return now but wait until July 15 to...

Trump Urges Coronavirus Patients to Take Unproven Drug

Sun, 05 Apr 2020 00:28:55 +0000
He said the government was putting millions of doses of the malaria drug hydroxychloroquine into an emergency stockpile ...

Coronavirus and Paid Sick Leave: A Quarantined Uber Driver's Quest

Sat, 04 Apr 2020 19:46:25 +0000
Zachary Frenette spent about two weeks fighting to get help under a new Uber policy. It worked, but only after he got th...

‘Dear Customers’: These Are the Emotional Store Signs of a Closed New York

Sat, 04 Apr 2020 09:00:25 +0000
From newly darkened storefronts, businesses offered a few last words of empathy, resolve and humor....

Administration Turns to Private Firms to Help Process Small Business Aid

Sat, 04 Apr 2020 01:32:31 +0000
The Small Business Administration is hiring companies, some with political connections, to ensure it can handle the floo...

Can an Old Vaccine Stop the New Coronavirus?

Sat, 04 Apr 2020 14:38:15 +0000
A tuberculosis vaccine invented a century ago is cheap and safe, and seems to bolster the body’s immune system....

F.D.A. to Allow Use of KN95 Masks Approved by China

Fri, 03 Apr 2020 21:49:45 +0000
The masks are almost identical in performance to the N95 masks that hospitals and other institutions are struggling to f...

Corona Beer to Halt Production Amid Coronavirus Outbreak

Fri, 03 Apr 2020 20:49:49 +0000
The suspension was announced days after the Mexican government ordered nonessential businesses to close....

‘Stress-Free’: Coronavirus Aid Flows Quickly to Berlin’s Self-Employed

Sat, 04 Apr 2020 18:47:29 +0000
Within days, Germany’s capital distributed money to 150,000 artists, shop owners, hairdressers and other small-busines...

The Fed Got a Big Pile of Cash to Help the Economy. Who Will Benefit?

Fri, 03 Apr 2020 19:53:06 +0000
As the coronavirus sends the economy into a free fall, the Federal Reserve will keep credit flowing with an array of pro...

Some Big Investors Smell Profit in Virus-Plagued Companies

Fri, 03 Apr 2020 18:46:06 +0000
Hedge funds and private equity firms are plotting to lend to companies struggling with the fallout from the pandemic, or...

A Coffee C.E.O.’s Pandemic Diary: ‘We Want to Still Provide an Escape’

Fri, 03 Apr 2020 16:06:36 +0000
Nick Stone, the founder of Bluestone Lane, says he is determined to see glimpses of humanity in a “devastating, absolu...

‘A Seismic Shock’: Jittery Companies Pull Back on Ads During Pandemic

Fri, 03 Apr 2020 14:24:49 +0000
Blank billboards and canceled online ads signal an industry in crisis as the coronavirus spreads. “There are things ha...

The Business Leaders Trump Asks for Advice on the Coronavirus

Fri, 03 Apr 2020 12:07:22 +0000
President Trump is taking advice on his administration’s coronavirus response from a wide range of people, but he trus...

How Tech’s Lobbyists Are Using the Pandemic to Make Gains

Fri, 03 Apr 2020 14:26:18 +0000
Silicon Valley hasn’t suffered from the same financial devastation as other industries. Tech companies still have an a...

Why Is Getting a Refund From an Online Travel Agency So Hard?

Sat, 04 Apr 2020 23:17:51 +0000
Booking sites are scrambling to handle an unprecedented number of cancellation requests, and many customers say they are...

‘This Isn’t a Dry Run’: How to Be Ready for More Financial Pain

Fri, 03 Apr 2020 19:44:46 +0000
Classic investment strategies are performing about as well as expected — but they may be too painful to bear. If so, s...

The Unemployment Rate Is Probably Around 13 Percent

Fri, 03 Apr 2020 09:47:54 +0000
It’s almost certainly at its highest level since the Great Depression. Here’s how we estimated it....

Take Government Aid? We’ll See, Some Businesses Say

Fri, 03 Apr 2020 09:47:55 +0000
Executives at Boeing, for one, have indicated that they might not accept money authorized by the stimulus if they dislik...

Wall St. Caps a Turbulent Week With a Decline: Live Updates

Fri, 03 Apr 2020 23:35:48 +0000
Live updates on stock market and business news during the coronavirus outbreak....

Trump Administration Scales Back Paid Leave in Coronavirus Relief Law

Fri, 03 Apr 2020 00:04:23 +0000
In new guidance, the Labor Department effectively exempted many small businesses from a new requirement to provide paid ...

Trump Administration Officials Weigh How Far to Go on Recommending Masks

Fri, 03 Apr 2020 16:36:45 +0000
The expected change in position reflects concern over a worrisome rate of infection spread by people with no symptoms....

Ailing N.R.A. Finds New Rallying Cry: Keep Gun Shops Open

Thu, 02 Apr 2020 23:50:47 +0000
Amid the coronavirus pandemic, the group has retooled its message and sued New York State to keep gun stores open....

Trader Joe's Faces a Labor Fight During Coronavirus Crisis

Thu, 02 Apr 2020 20:18:41 +0000
The chain has aggressively opposed unionization efforts among its employees, who have been critical of its response to t...

Essential Drug Supplies for Virus Patients Are Running Low

Thu, 02 Apr 2020 21:52:26 +0000
Medicines to alleviate breathing difficulty, relieve pain and sedate coronavirus patients are in very high demand, deple...

F.D.A. Approves First Coronavirus Antibody Test in U.S.

Thu, 02 Apr 2020 19:02:54 +0000
Such a test may help scientists learn how widespread the infection is, and how long people remain immune after recoverin...

Trump’s Company Seeks to Ease Financial Crunch as Coronavirus Takes Toll

Thu, 02 Apr 2020 20:25:11 +0000
As companies nationwide look for relief, the Trump Organization has talked with Deutsche Bank and a Florida county about...

Touting Virus Cure, ‘Simple Country Doctor’ Becomes a Right-Wing Star

Thu, 02 Apr 2020 18:48:21 +0000
How Dr. Vladimir Zelenko’s claims for his coronavirus treatment spread from a New York village all the way to Presiden...

Predictions for the Coronavirus Stock Market

Thu, 02 Apr 2020 16:09:01 +0000
A Nobel laureate is cautiously positive about the market for the long run but worries about how long that will need to b...

How Jerome Powell’s Unconventional Career Path Prepared Him for This Crisis

Thu, 02 Apr 2020 22:39:46 +0000
His winding career path now seems to be a strength, not a weakness....

Small Business Loans Potentially Overwhelm Banks with Demand

Thu, 02 Apr 2020 22:24:21 +0000
The government has promised to lend $349 billion to small businesses starting Friday, but banks and owners have no idea ...

Caesars in U.K. Is Fined for Allowing Problem Gamblers to Keep Betting

Thu, 02 Apr 2020 14:47:56 +0000
British authorities said the casino company failed to prevent money laundering and allowed people who had asked not to b...

Under Modi, India’s Press Is Not So Free Anymore

Thu, 02 Apr 2020 14:07:02 +0000
India’s government has pressured advertisers and even shut down channels to shape the information that 1.3 billion Ind...

Unproven Stem Cell Therapy Gets OK for Testing in Coronavirus Patients

Fri, 03 Apr 2020 14:42:47 +0000
The treatment, which has been promoted by President Trump’s personal lawyer, Rudy Giuliani, will begin early-stage cli...

Amazon Pushes Into Making Video Games, Not Just Streaming Their Play

Thu, 02 Apr 2020 13:00:10 +0000
The internet giant is investing hundreds of millions of dollars in the effort, with its first original game, Crucible, t...

A Widening Toll on Jobs: ‘This Thing Is Going to Come for Us All’

Fri, 03 Apr 2020 17:36:21 +0000
After the initial impact of shutdowns on a few industries, the coronavirus pandemic is leaving a much broader swath of u...

A Feature on Zoom Secretly Displayed Data From People’s LinkedIn Profiles

Thu, 02 Apr 2020 19:12:09 +0000
After an inquiry from Times reporters, Zoom said it would disable a data-mining feature that could be used to snoop on p...

Coronavirus Layoffs Are Hitting Start-Ups Hard

Thu, 02 Apr 2020 11:40:43 +0000
Job losses are steep in many corners of the corporate world, but they’ve pummeled start-ups — which are often pushed...

German Accent, Italian Flair: How Audi Taught Lamborghini Quality

Thu, 02 Apr 2020 10:00:08 +0000
Eye-popping prices and horsepower were matched with reliability after Audi stepped in to buy the maker of exotic sports ...

Will We Lose a Generation of Designers?

Fri, 03 Apr 2020 16:33:08 +0000
Independent clothing designers are the essence of American fashion, but a stimulus plan may not save them....

Empty Hotels. Idled Tour Buses. The Pandemic Is Devastating Tourism.

Thu, 02 Apr 2020 09:00:19 +0000
Millions are losing their jobs and economies are suffering as once-bustling tourist sites give way to eerie emptiness. T...

How to Make Your Work-Neighbors Be Quiet (In 3 Lies or Less)

Thu, 02 Apr 2020 09:00:15 +0000
We’ve been getting a lot of feedback that your neighbors are too loud. That’s lie No. 1....

Coronavirus Is Making the Public Pension Crisis Even Worse

Thu, 02 Apr 2020 07:00:08 +0000
The pandemic has handed the funds big losses after they ramped up their appetite for risk over the past decade....

Small-Business Relief Effort ‘a Mess’

Fri, 03 Apr 2020 04:49:55 +0000
Live updates on stock market and business news during the coronavirus outbreak....

Real Estate Spring Buying Season Could Be ‘Catastrophic’

Thu, 02 Apr 2020 13:48:37 +0000
A strong start to the year for property sales in Manhattan was erased by the coronavirus outbreak....

Home Depot Halts Sales of N95 Masks Amid Shortage, Company Says

Thu, 02 Apr 2020 04:47:29 +0000
The retailer said it had redirected shipments of the masks to health care providers and emergency responders....

SoftBank Won’t Buy $3 Billion in WeWork Stock

Thu, 02 Apr 2020 15:31:16 +0000
The move is a blow to shareholders like Adam Neumann, the company’s co-founder, and venture capital firms that had hop...

Retailers Under Growing Pressure to Let Workers Wear Masks

Wed, 01 Apr 2020 22:45:28 +0000
Restrictions that follow current C.D.C. guidelines have become a source of tension at many stores supplying essential go...