Survey of more than 40,000 employees finds that one-quarter of female respondents are considering whether to reduce their hours or quit due to stress related to the COVID-19 pandemic
Widespread departure of women from workforce could jeopardize their gains and upend company cultures
Companies have often taken steps to address employees’ child care needs, but workers often fear that taking advantage of these options will make their employment more vulnerable
Performing arts venues have been some of the hardest-hit industries during COVID-19, often shuttered since the start of the pandemic with limited opportunities for revenue
Despite challenges, investors may believe it is a good opportunity to purchase independent theaters due to long-term appeal once the pandemic has passed
Latest COVID-19 relief proposal includes relief targeted at independent live venues, first proposed under the “Save Our Stages” initiative
Treasury Secretary Steven Mnuchin considers the approximately $1.5 trillion counteroffer to House Democrats’ updated HEROES Act to be “one last serious try” to reach compromise on new round of COVID-19 relief
Mnuchin has expressed optimism that differences can be resolved this week after months of impasse
House Democrats preparing to vote on HEROES Act as early as this afternoon if parties remain too far apart on a deal
Outdoor dining has helped restaurants stay afloat during limited capacity requirements and reduced foot traffic, and many venues are hoping to extend this option into fall and winter
Local governments are assisting with tax credits and streamlined permit processes to support heated tents and other initiatives
Restaurants may also continue to explore other revenue streams
Only a fraction of borrowers who received funds under the Paycheck Protection Program have applied for loan forgiveness, and no loans have yet been forgiven
Frustration over the forgiveness program has caused roadblocks and led some businesses to worry about unforeseen debt
Increased calls for a streamlined forgiveness process, including the possibility of automatically forgiving loans under $150,000