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Small firms still in dark on loan forgiveness as clock ticks

Bloomberg Small businesses that struggled to get loans from a government pandemic relief program still don’t know how much they may have to repay after the government missed a deadline to give specific guidance. The US Small Business Administration (SBA) was supposed to clarify by April 26 how loans it approved as part of the Trump administration’s multitrillion-dollar coronavirus stimulus ...

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Trump promises ‘conclusive’ report on virus’s China origins

Bloomberg US President Donald Trump promised a “conclusive” report on the Chinese origins of the coronavirus outbreak, showing relations between the world’s biggest economies are set to remain rocky at least until the next election six months from now. Trump pledged the report in a “virtual town hall” with Fox News, in which he added that he had little doubt ...

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US, China play to home audiences on coronavirus

Bloomberg The Trump administration’s relentless attacks on China over the cause of the coronavirus outbreak are targeted at a domestic audience in an election year. But they may have the effect of emboldening Beijing’s leaders. President Donald Trump promised a “conclusive” report on the Chinese origins of Covid-19, shortly after Secretary of State Michael Pompeo said — without providing proof ...

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