August 3, 2020

US CEOs urge Congress to provide help to small businesses

Washington (AFP) – More than 100 American business leaders sent a letter to top Congressional lawmakers on Monday urging them to lay aside partisan bickering and approve emergency aid for small businesses suffering during the coronavirus pandemic.Leaders of companies like Walmart, Facebook, Google-parent Alphabet and Starbucks warned of a “catastrophic” impact on the economy and employment if federal aid is withheld from companies dealing with the devastating impact of the COVID-19 shutdowns.The CARES Act passed by Congress in late March authorized several lending programs to help companies we…


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