US Politics in Trump era
Publisher: CNBC
Author: Thomas Franck
24 Apr 2020
Large public companies are taking small businesses payroll loans
Hundreds of millions of dollars of Paycheck Protection Program emergency funding has been claimed by large, publicly traded companies, new research published by Morgan Stanley shows.In fact, the U.S. government has allocated at least $243.4 million of the total $349 billion to publicly traded companies, the firm said.