Ruth’s Chris Made $468 Million in Revenue but Gobbled Up $20 Million in Small Business Relief. The steakhouse chain has more than 150 locations and $86 million in cash reserves—and it furloughed workers.

via gq When Congress passed the $2 trillion stimulus to help the country weather the coronavirus outbreak, it created the Paycheck Protection Program (PPP)—a $349 billion fund for small businesses with 500 or fewer employees. If the business uses more than 75 percent of …

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What do negative oil prices tell us?

by Shaun Richards Yesterday brought a new development in the word of negativity. We regularly look at negative interest-rates and bond yields here and a couple of years ago or so noted negative prices for gas in the Permian Basin.More …

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What reliable websites show charts of the Coronavirus curve?

https://www.worldometers.info/coronavirus/country/us/ https://coronavirus.1point3acres.com/ https://infection2020.com/ https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6 Below is a summary of trends from today (as of late EST), for the USA, and how it compares to Global. The data is available in more detail here. Global Confirmed Cases growth is 📉: Decreasing to 2.91% Increasing by 70,171 …

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People are saying that AOC deleted this because she realized that it is celebrating people losing their jobs – That is not why she deleted it – She deleted it because these oil prices make her Green New Deal look completely pointless

AOC Deleted Tweet – “Loves to See the Oil Crash” People are forgetting that the so called “moderate” Democratic nominee in 2016, Hillary Clinton, celebrated the idea that “we’re gonna put a lot of coal companies and coal miners out of …

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Governors of Georgia and Tennessee announce plans of gradually reopening businesses in their states

Watch the latest video at foxnews.com The governors of Georgia, Tennessee and South Carolina on Monday afternoon announced new plans to bring their states’ economies closer to full force amid signs the coronavirus outbreak is slowing. Georgia Gov. Brian Kemp said certain businesses, including gyms and hair salons, can …

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