Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses responding to the culminating pandemic. What recent analysis by the color of change and the u no space United States found only one in ten African American and late lati
Now in april this year the Federal Reserve bank in new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and more likely to be classified as at risk for distress the nonminority Small Businesses. Further companies are three times likely as Healthy Business to close because of a two month the ppps program established under the cares act and administered by the Small Business administration and treasury for distress with responded to the covid19 pandemic. Recent analysis of the color of change in the United States found only one in ten africanamerican owned businesses received the requested funds through the program. I have heard from many a minority owned businesses who did everything right, they did not give a low number or loan in the first round, many minority businesses share the enhancement act was not adequately designed to enhance or assist Small Businesses. Thank you to the partnership of the Financial
The decision. And millions more people in the u. S. Lose their jobs but some stores are surviving without laying off staff. Chinas premier is about to outline the countrys plans for the next year after some of its most challenging months the corona Virus Outbreak that began in woohoo and forced it into a National Shutdown which was badly hit the economy and its still locked in a trade dispute with the United States well its just gone 9 am in the Chinese Capital beijing and this is the great hall of the people where the National Peoples congress is getting underway with more than 3000 delegates in his opening address premier league chang is expected to announce plans to tackle the economic fallout will katrina you joins us live now from beijing katrina this National Peoples congress was originally proposed because of the corona virus and how important is this years event given that beijing would want to show that its back to business as usual and claim victory over the pandemic. Well th
Vulnerable to the sheer amount of disinformation that is spreadinonline. Woodruff all that and more, on tonights pbs newshour. M or funding for the pbs newshour has been provided by when it comes to wireless, ucumer cellular gives its litts leomcu talk, text and data as you want, and our u. S. Based Customer Service team is on hand to help. To learn more, go to consumercellular. Tv fidelity investments. Bnsf railway. Financial Services Firm raymond james. The john s. And james l. Knight foundation. Communities. Engaged more at kf. Org. And with the ongoing support of these institutions s togram was made possible by the corporation for public broadcasting. And by contributns to your pbs station from viewers like you. Thank you. Woodruff parts of the country are moving ahead tonight with pns to get up and running. Others are wting and watching the pandemics progress. Meanwhile, the u. Scrosses another sobering marker over one million infections, d nearly 58,000 deaths. Amna nawaz begins
As you all know [inaudible] with your support that we are able to bring wonderful authors like tony to the literary community. So we really appreciate, you know, your support. So several events and author of Overground Railroad will be joining us on the 13th, the roots of black travel america. Theyll feature author and journalist charles jecko. Be sure toe check online. A bunch of events coming up in february. Journalists, activist from st. Louis, missouri, a member to have communist party usa and serves for the party in kansas, missouri and senate seat. [inaudible] served as a member on political and labor organizations including [inaudible] unique and neglected aspects of the communist party usa. Places within the political and historical contest. Topical aspects of the partys ongoing work especially in post 1956 period. Hope is that each individual story helps build and adds to completer and more complex usa history. So tonight, tony will be discussing, answering your questions and