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Shake Shack to Return Loan

Growing Backlash

Shake Shack plans to return a $10 million loan it received under an emergency small business rescue program, amid a growing backlash against big businesses that got the money before $350 billion in funding lapsed last week. The burger chain was just one of several large restaurant operators and publicly traded companies that secured tens of millions of dollars in "Paycheck Protection Program" loans...

By |2020-04-21T11:21:45-04:00April 21st, 2020|Articles|Comments Off on Shake Shack to Return Loan

Moderna Gets $483 Million in Funding

Moderna Inc. said Thursday it reached an agreement to receive as much as $483 million in funding from a federal agency to accelerate the development and production of its closely watched experimental vaccine against the new Coronavirus...

By |2020-04-17T10:35:45-04:00April 17th, 2020|Articles|Comments Off on Moderna Gets $483 Million in Funding