The hotline, run by Crimestoppers, allows the public to leave anonymous tips about suspected fraud linked to the government’s emergency Covid loan and grant schemes for UK businesses. That could include identity theft to obtain loans, false grant claims and the use of so-called mule bank accounts to cover the tracks of money launderers.
The government has been criticised for failing to act on warnings about potential fraud linked to the bounce-back loans scheme (BBLS), which was designed to distribute cheap loans quickly of up to £50,000 to small businesses.
In response to COVID stay-at-home restrictions, consumers are increasingly turning to the internet to purchase household furniture and decor items. While this trend is bad news for the growing list of retailers closing doors such as Pier 1 and Sur La Table, it presents a tremendous opportunity for ecommerce retailers–especially those that help consumers filter through millions of options and then deliver the products through a direct-to-consumer model that keeps costs down.
Alfred Chehebar, founder of Genius Pack and CEO of Genius Brands LLC, a portfolio of digitally native ecommerce brands, is breaking into the online furniture market by launching ObjectsHQ, a direct-to-consumer furniture company promising “a new kind of ecommerce experience for modern furniture.”
The Market for Online Furniture Sales
The U.S. market for online household furniture is booming with annual revenues of $45.7 billion and annualized growth of 15.9% between 2015 and 2020, according to IBISWorld. But the
Until last week, the last time I stayed at a hotel was back in March. Since the pandemic began, I spent months locked down alone in my D.C. apartment, then with family in Upstate New York. I took bike trips and road trips to go camping, but I avoided hotels completely.
In the meantime, hotels, like the rest of the travel industry, were suffering. According to the American Hotel & Lodging Association, hotels are facing a debt crisis and a historic wave of foreclosures as the pandemic’s economic impact on the industry is estimated to be nine times greater than that of 9/11. As a result, they’ve been doing everything they can to attract business.
For some, that means promoting packages for remote workers or encouraging families to take remote-school vacations. For most, it means amplifying their new coronavirus precautions so that customers feel safe booking (and staying at) hotels
Congress has approved over $4 trillion in economic aid to businesses and individuals since the start of the coronavirus pandemic. Attempts to pass another round of aid have stalled, however, with the Democrat-led House and Republican-led Senate unable to agree on a price tag for new legislation. The House passed a $2.2 trillion relief bill earlier this month, but Senate Republicans have attempted to keep the number under $1 trillion.
Senator McConnell indicated that certain relief programs could be supported by Republicans without passing comprehensive legislation.
“There is no excuse for Democrats to keep blocking job-saving funding for the Paycheck
Senate Majority Leader Mitch McConnell says that he’s scheduling a vote regarding a GOP COVID-19 relief bill for later this month
By ANDREW TAYLOR Associated Press
October 13, 2020, 3:30 PM
• 3 min read
WASHINGTON — Senate Majority Leader Mitch McConnell said Tuesday that he’s scheduling a vote regarding a GOP COVID-19 relief bill for later this month, saying aid to hard-hit businesses shouldn’t be held up by gridlock involving other aid proposals.
The Kentucky Republican says the first item of Senate business when the chamber returns Oct. 19 will be a procedural vote on a scaled-back aid bill. Democrats filibustered a GOP-drafted aid bill last month and recent talks on a larger deal with House Speaker Nancy Pelosi, D-Calif., fell apart this past weekend, probably for good.
“Democrats have spent months blocking policies they do not even oppose. They
Concerned about the lack of progress in controlling the spread of COVID-19 in Sonoma County, local officials are considering a multi-pronged strategy to slow transmission rates, including trying to replicate some of the successes of other Bay Area counties.
The initiative surfaced Monday as Sonoma County leaders braced for the release of another disappointing set of statistics Tuesday expected to show the county has again fallen short of state metrics to further ease restrictions on local business activity.
The county is expected to remain in the purple zone, the most restrictive of the state’s four-tier reopening process. Saddled by a growing number of new coronavirus cases, the county continues to be the only county in the Bay Area that has not advanced to a less restrictive stage.
Details of the county’s new plan are still taking shape. Dr. Sundari Mase, the county’s health officer, said the new strategies range from
By Aimee Picchi, Special to USA TODAY
Published 10:15 a.m. ET Oct. 12, 2020 | Updated 11:10 a.m. ET Oct. 12, 2020
The coronavirus pandemic has caused toilet paper shortages and long lines, but panic buying is not a new phenomenon and it certainly isn’t helping.
Leslyn Hall says she and her husband plan to stock up on groceries later this month. At the back of her mind are concerns about disruptions in supplies if there’s another COVID-19 surge, as well as potential unrest surrounding the Nov. 3 presidential election.
“We talked about doing a big shop like we’re going into quarantine,” says Hall, 53, of Burlington, Vermont. On the list: enough basics such as milk, beans and rice to last for two to three weeks.
Hall, a consultant, points out that her local grocery stores struggle to keep their shelves fully stocked and have shortages of
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When lawyers can’t meet with clients face to face, how are they still developing business? During times of uncertainty, the key to successfully adapting business development is to lean into opportunities, be flexible, and communicate quickly and often.
Learn what strategies lawyers have undertaken, ranging from the well-known increased use of video chats to more advanced methods like increased use of data analysis. Legal experts will prognosticate which of these methods will stick post-pandemic.
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WASHINGTON — Details of the Trump administration’s $1.8 trillion offer to House Speaker Nancy Pelosi for Covid-19 relief legislation obtained by NBC News reveal that they have moved closer to the Democrats’ position — but major hurdles still remain.
The new offer increases the topline number, adds money for food, mortgage, and rental assistance, increases the amount for federal response to the pandemic, unemployment insurance, and direct payments to Americans.
Pelosi, D-Calif., told her members in a letter Saturday morning that the proposal is “insufficient.”
And on the other side of the Capitol, Senate Republicans on Saturday expressed their deep displeasure with the administration’s price tag of nearly $2 trillion in a phone call with Treasury Secretary Steve Mnuchin and White House chief of staff Mark Meadows, according to three sources familiar with the phone call.
Any deal would have to pass the Republican-led Senate and time is running out
House Speaker Nancy Pelosi suggested there are still several disagreements between House Democrats and the Trump administration on the latest coronavirus relief package, writing that Donald Trump “wants more money at his discretion to grant or withhold” in a letter to Democratic colleagues Saturday regarding the president’s latest proposal.
“When the President talks about wanting a bigger relief package, his proposal appears to mean that he wants more money at his discretion to grant or withhold, rather than agreeing on language prescribing how we honor our workers, crush the virus and put money in the pockets of workers,” Pelosi wrote. “At this point, we still have disagreement on many priorities, and Democrats are awaiting language from the Administration on several provisions