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Looting devastates businesses already shaken by virus

America Protests-Small Business Devastation

Looting and vandalism in cities across the country have dealt another blow to small businesses that were already reeling from the coronavirus outbreak. Along with big chain stores like Target, Walgreen and Macy’s, independent retailers in neighborhoods and downtown sections were targets of vandals and looters who struck as police mobilized to contain large demonstrations over the killing of George ...

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A flood of small business bankruptcies likely in coming months

Closed sign, virus outbreak

The billions of dollars in coronavirus relief targeted at small businesses may not prevent many of them from ending up in bankruptcy court. Business filings under Chapter 11 of the federal bankruptcy law rose sharply in March, and attorneys who work with struggling companies are seeing signs that more owners are contemplating the possibility of bankruptcy. Companies forced to close ...

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