Financial Times November 24, 2020 Chief executives of Goldman Sachs and BlackRock warn further delays will hamper response to pandemic US business leaders are turning up the pressure on Donald Trump to begin the transition to Joe Biden’s administration, warning that further delays threaten America’s attempts to control the public…
Charleston tea cafe among latest closures announced as pandemic slows business
WCSC-TV November 18, 2020 Watch Video By Nick Reagan CHARLESTON, S.C. (WCSC) – A Charleston small business announced plans to close its doors at the end of the month after struggling with a take-out only business model. Tapio, a boba tea café, opened six years ago, started by Terry Hung…
Cramer rips Congress over failure to pass Covid stimulus, says it has ‘doomed’ small businesses
CNBC November 18, 2020 By Kevin Stankiewicz KEY POINTS A failure to pass more coronavirus stimulus this fall has crushed small and medium-sized business, CNBC’s Jim Cramer said. “They’re the empty storefronts of the country,” the “Mad Money” host said. The result has been a “giant” gain for large retailers…
SC Small Business Chamber pleas for new stimulus as hopes for holiday shopping waver
WPDE November 16, 2020 by Andrew James CONWAY, S.C. (WPDE) — We are entering a critical time for many small businesses with the holiday shopping season before the universally-acclaimed slow season along the Grand Strand. This past week, the South Carolina Small Business Chamber of Commerce sounded the alarm to…
Money to Keep Small Businesses Alive: Legislative Watch
Governing November 13, 2020 By Carl Smith These are tough times for the nation’s small businesses. Nearly 100,000 that were “temporarily closed” early in the pandemic have now shut their doors permanently, according to a Yelp Economic Impact Report. A recent Goldman Sachs survey of small business owners found that 34…
What do small businesses need: Listen to WRNN interview with SCSBCC exec.
Dave Priest and Leanne Graham on WRNN’s Hot Talk 99.5 show in Myrtle Beach, SC, this morning talked with Frank Knapp, President & CEO of the SC Small Business Chamber. Topic: What do small businesses need to survive and what is the likelihood that the help is coming? Listen here.
EDITORIAL: Small businesses need help now from newly elected leaders
The Gazette (Goose Creek, SC) November 11, 2020 A recent statement from the South Carolina Small Business Chamber of Commerce echoes what local businesses have been seeking for months: help in their return to economic normalcy. While South Carolina voters selected Donald Trump in the recent election, in the end…
Demand for aid reveals toll of crisis
Post and Courier November 7, 2020 More than 11K businesses, groups statewide seek virus relief BY EMILY WILLIAMS Small businesses with 15 or fewer employees that didn’t already receive COVID-19 relief this year will be prioritized as state officials start reviewing the more than 11,000 applications it received over a…
As Biden wins, business groups turn focus to coronavirus relief
Fox Business November 7, 2020 Many businesses are still struggling due to the financial effects of the pandemic By Brittany De LeaFOXBusiness Business groups on Saturday pledged to work with President-elect Joe Biden and Vice President-elect Kamala Harris to help lift the U.S. economy out of a coronavirus-induced recession that…
Gyms among the small businesses hurting the most from pandemic
WCSC-TV November 5, 2020 Watch video By Nick Reagan CHARLESTON, S.C. (WCSC) – There is no question small businesses have taken a big hit from the pandemic and efforts to curb the spread of the disease, but just how big of a hit is something mostly left to speculation. The…