Head Topics

Small businesses 'are hanging on by their fingertips': Home Depot co-founder Bernie Marcus

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

Home Depot co-founder Bernie Marcus talks with Yahoo Finance about the state of America's small businesses.

A champion of America’s small businesses is keeping it real as the coronavirus continues to wreak havoc on the country.

Late Tuesday, the Senate passed a new $484 billion coronavirus relief bill. The package features funding to ramp up coronavirus testing but does not include other Democratic proposals to infuse walloped state and local budgets with cash. “Believe me, you have no idea what the struggle is [of small businesses]. It’s actually life and death. Some of them are hanging on by their fingertips. Many will probably not open. My estimate is that 15% to 20% of small businesses won’t open,” Marcus explained. Marcus added many small businesses are on the “precipice of total disaster.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Blk. self employment has been hit hard! They are twice as hard to get loans & credit for re-start back up business! votebluenomatterwhat20

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘One World: Together at Home’ Concert Yields Sales Gains for Taylor Swift, Kacey Musgraves & Morestan taylor Toxic popstars QUEEN
Source: billboard - 🏆 112. / 63 Read more »

Inside King Willem-Alexander and Queen Maxima's elegant home offices – complete with photos of the QueenKing Willem-Alexander and Queen Maxima of the Netherlands have shared a look inside their home offices at their royal residence, Huis Ten Bosch.
Source: hellomag - 🏆 24. / 68 Read more »

Fun and easy TikTok dances to learn with your family while you're quarantined at homeDance like it's going to go viral on TikTok. Even celebrities are taking to the platform to show off their family's dance skills. You can, too! TikTok also comes from Communist China, no?
Source: USATODAY - 🏆 100. / 63 Read more »

20 Home Goods That Are Stylish And Also Very PracticalStylish *and* practical? Love to see it. Buzzfeed out here thinking im an architect 😅👉🏻👈🏻
Source: BuzzFeed - 🏆 730. / 51 Read more »