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Tour Organizers Taking Action Against Spectator Who Caused Stage 1 Crash
“We are doing this so that the tiny minority of people who do this don’t spoil the show for everyone.”
By AFP Tim de WaeleGetty Images
During Stage 1 of the Tour de France, a fan caused a huge crash that took out the majority of the peloton.
Tour de France organizers have said they will sue the spectator who caused the massive pileup.
The roadside fan who caused a giant crash in the first stage of the 2021 Tour de France on Saturday will be sued by the organizers.
A woman held up a banner while standing on the edge of the road and was looking straight at the television motorbike cameras, with her back turned on the speeding peloton.
GermanyItalyNetherlandsFranceBahrainLetourRhôalpesItalianGermanDutchPierre-yves-thouaultTadej-pogaThe Paycheck Protection Program Had a Short Positive Impact, But PPP2 Needed: Biz2Credit
The
Paycheck Protection Program (PPP), helicopter money disbursed by the federal government to aid businesses crushed by the ongoing COVID-19 pandemic had a positive effect but the overall impact has been short-lived, according to research provided by
Biz2Credit.
The online lender states that the government lending programs restored sufficient capital for businesses to weather the effects of the pandemic briefly, but that many firms are currently operating at a monthly loss. PPP2 is needed, said the firm.
Under the
Cares Act, the PPP provided loans to businesses under duress. The money would be forgiven if employers maintained their payroll. The program, while not perfect, has been well received by the business community. But as the coronavirus lingers, and some state governments are enacting shutdowns, many people believe a second stimulus is needed to stop business closures.
New-yorkUnited-statesRohit-aroraGb-servicesPaycheck-protection-programRetail-servicesCares-actDuring-stageNew-york-mayor-bill-de-blasioSocial-servicesInjury-disaster-loansபுதியது-யார்க்Biz2Credit Study Shows PPP Had Large, But Short-Lived Effect on Small Business Survival Small Business Economic Indicator Study Examined Cash Flow, Predicts Many Bankruptcies Possible without PPP2 Stimulus
December 11, 2020 06:30 ET | Source: Biz2Credit Biz2Credit New York, New York, UNITED STATES
NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) Biz2Credit’s new six-month analysis of COVID-19’s impact on small businesses found that government lending programs restored sufficient capital for businesses to weather the effects of the pandemic for a short period, but that many firms are currently operating at a monthly loss.
The study found that since the Paycheck Protection Program (PPP) expired in August, many companies are operating at a negative cashflow and up to 30% could close forever by the end of 2020.
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