We are here to talk about the Patient Protection program. Explain the Paycheck Protection Program and give us a status report on how this part of the new law is doing. Guest thanks for having me on. The Paycheck Protection Program, right now, there is money available for businesses who need it. What it allows is a loan backed by the fda that will allow you to pay your employees potentially while your business is still closed. The first round of money for that program was 349 billion, and it ran out just after under two weeks, about 13 days. The second round of money, we believe there is still about 100 billion left. A lot of people think the program is over or that it is not available to them, but for Business Owners for whom this is a good solution for being able to keep their employees on, that is no money available, and they should apply if they think it will work for them. Host what did you learn in part one of this program . What needs improvement . Guest part one of the program c
If you think yes, call this number 202 7488000, and if you think no, you can also call 202 7488001, and you can also send a text, 202 7488003. And if you cannot wait in on social media, you can post a comment on facebook. Before we get to your calls this sunday morning, we wanted to stunning front page to the New York Times this morning. 100,000, sonearing there is no traditional news story on this front page this morning. This is a series of names where they are from, folks who have passed away or died from the coronavirus, and they have published 1000 of these names, just 1 with biographies or Something Special about those people. They write that the numbers alone cannot possibly measure the impact of the coronavirus on america, whether it is the number of patients treated, jobs interrupted or lives cut short. As the country nears a grim milestone, the times scoured obituaries and death notices of the victims, the 1000 people reflect just 1 of the total, they were not simply names on
Program. Give us a status report on how this part of the new law is doing. Guest good morning. Thanks so much for having me on. The Paycheck Protection Program, right now, there is money available for businesses who need it. What it allows is to get a loan backed by the fda that will allow you the sba that will allow you to pay your employees potentially while your business is still closed. The first round of money for that program was 349 billion, and it ran out just after under two weeks. It was about 13 days. However, the second round of money, we believe there is still about 100 billion left. A lot of people think the program is over or that it is not available to them, but for Business Owners for whom this is a good solution, to being able to keep their employees on, there is still money available and they should apply if they think it will work for them. Host what did you learn in part one of this program . Worked about it and what needs improvement . Guest in part one of the pro
The a few metric i call ou iphone revenue better than expected at 33. 4 billiondollar. Ive nef due 7 a sequential improvement q 23 down 12 . Mac revenue a bit lighter than but wearables home and accessories better than expected at 6. 5 billion and Services Revenue up 18 . Also better than expected. 12. 5 billion the q 1 forecast, mel, apple a. M. Guiding between 85. 5 and 89. 5 the street at 87 billion one of the metric i call out china revenue down 2 . A sequential improvement in q 3. Down about 4 before i did have the chance to catch you have with tim cook we talked about trends and themes. One the competition in video streaming. Apple tv plus launching friday we now know that hbo max launches at 15. Apple tv plus at 5. I asked cook, is that hard and fast is that going to shift the cook telling me you know 5 is where we start but we will see what the future holds. I dont want to lock oh ourselves into one side or the other. We also did talk about supply of some of the new products th
A variety of issues. Remember that when you see the speech. After the speech, President Trump will meet with britains Boris Johnson. Now, that meeting should be about a big trade deal. However, earlier today, Britains High Court ruled that the Prime Ministers suspension of parliament was illegal. That complicates an october 31st brexit, and you cant have a trade deal til the brits are out. Meanwhile, democrats are racheting up their calls for impeachment. This time its about that call to ukraines president and a new report that the administration has delayed aid a week before the call was made. The market doesnt care. Despite it all, stocks will open higher again. Now, we have no idea where the markets going to close but at the open of trading the dow is going to be up maybe 50, 60 points. S p up about eight. And a 25point gain for the nasdaq, going up at the bell. But wait tlrn, theres more. Bernie sanders oneups Elizabeth Warren with a wealth tax proposal. And the europeans give goog