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The government’s small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn’t have expected.Kanye West’s clothing line. The sculptor Jeff Koons. Law firms and high-dollar hedge funds. The Girl Scouts. Political groups on both the left and right.All told, the Treasury Department’s Paycheck Protection Program authorized 0 billion for nearly 5 million mostly small businesses and nonprofits. On Monday, the government released the names and some other details of recipients who were approved for 0,000 or more.That amounted to fewer than 15% of all borrowers. The Associated Press and other news organizations are suing the government to obtain the names of the remaining recipients.Economists generally credit the program with preventing the job market meltdown this spring from becoming even worse. More than 22 million jobs were lost in March and April. But roughly one-third of them were regained in May and June — a faster rebound than many analysts had expected.The government acted quickly in early April, with Treasury lending the first 9 billion in just two weeks. The program got off to a rocky start, one marked by confusion and difficulty for many companies that sought loans.“The process was messy, and they couldn’t target it as much,” Diane Swonk, chief economist at accounting firm Grant Thornton, said of Treasury.Here are seven unlikely recipients of the PPP loans:___JEFF KOONSKoons, a modernist sculptor, is known best for his work with large, metallic balloon-like animals. His “Rabbit” sculpture fetched million at auction last year.Koons’ studio was approved for million to million, the government’s data shows. (The data shows only ranges for the amounts of approved loans.) His studio said it employed 53 people before the pandemic. The PPP loans can be forgiven if employers use most of the money to keep their workers on the payroll.___WALL STREET AND PRIVATE EQUITYNearly 600 asset management companies and private equity firms were approved for money from the PPP, according to government data.Financial firms were generally not badly hurt by the coronavirus pandemic. Their employees were largely able to keep working, and they weren’t among the industries that had to be shut down by government orders. In addition, of course, investment managers and private equity employees tend to be exceedingly well-paid occupations.ADVERTISEMENTAccording to the data, those 583 companies reported supporting roughly 14,800 jobs collectively with the money from the program. That’s an average of 25 employees per company.One other notable financial company that borrowed from the program: Rosenblatt Securities, which commands one of the largest physical presences on the floor of the New York Stock Exchange. Rosenblatt borrowed between million and million.___KANYE WEST’S CLOTHING LINEKanye West’s clothing-and-sneaker brand Yeezy received a loan of between million and million, according to the data released by Treasury. The company employed 106 people in mid-February before the pandemic struck.Yeezy, best known for its 0 sneakers, just announced a major deal with Gap that will have the rap superstar designing hoodies and T-shirts to be sold in the chain’s 1,100 stores around the world. (A representative for Yeezy didn’t immediately respond to a request for comment.)Last weekend, West, a notable fan of President Donald Trump, tweeted that he was running for president.Some other well-known fashion and retail names whose businesses were pummeled by store shutdowns were also approved for loans. The list included high-end designers Oscar de la Renta and Vera Wang and suit maker Hickey Freeman. All their loans were in the -million-to- million range.___POLITICAL GROUPSThe Americans for Tax Reform Foundation, the nonprofit arm of the anti-tax lobbying group Americans for Tax Reform, was approved for a loan of up to 0,000. ATR, led by the anti-tax activist Grover Norquist, who has long supported a smaller federal government, said it didn’t oppose the PPP. It described the program “as compensation for a government taking during the shutdown.”The Center for Law and Social Policy, a research and advocacy group focused on policies supporting low-income Americans, was authorized for a loan of up to million, according to government data.___THE GIRL SCOUTSMore than 30 Girl Scout chapters across the country received PPP loans, the Treasury said. The Girl Scouts of Montana and Wyoming were approved for between 0,000 and million.___JIM JUSTICE, BILLIONAIRE GOVERNORWest Virginia Gov. Jim Justice’s family companies received at least .3 million from the program.Justice, a Republican, is considered to be West Virginia’s richest person through his ownership of dozens of coal and agricultural businesses, many of which have been sued for unpaid debts. At least six Justice family businesses were approved for loans, including The Greenbrier Sporting Club, an exclusive club attached to a lavish resort that Justice owns called The Greenbrier.Justice, a billionaire, acknowledged last week that his private companies received money from the program but said he didn’t know the dollar amounts. A representative for the governor’s family companies didn’t immediately return emails seeking comment.___RESTAURANT CHAINSTGI Fridays and P.F. Chang’s China Bistro were among the major restaurant chains that were approved for loans.Dallas-based TGI Fridays, which has around 500 restaurants nationwide, obtained between million and million in loans from the program. In 2014, TGI Fridays was bought by the the New York private equity firm TriArtisan Capital Advisors. That firm also owns P.F. Chang’s China Bistro, which was also approved for a loan.Though the PPP program was designed to help small businesses, big hotel and restaurant chains were also allowed to apply. A message seeking comment was left with TGI Fridays.P.F. Chang’s China Bistro says a PPP loan helped it keep 12,000 workers employed and transition its restaurants to carry-out-only during the coronavirus pandemic. Scottsdale, Arizona-based P.F. Chang’s, which has more than 210 restaurants around the country, was approved for between million and million from the PPP program, according to the government data. 6458

The homestretch of the 2020 presidential campaign culminates on Tuesday as President Donald Trump and former Vice President Joe Biden meet for the first of three presidential debates.Tuesday’s debate will air live on this network at 9 p.m. ET from Cleveland.Here is what you need to know about Tuesday's showdown.The candidatesDemocratic Party nominee Biden and Republican nominee Trump were the only two candidates invited to Tuesday’s debate based on polling. In order to be invited, a candidate must poll at 15 percent or above in a series of national polls to qualify.An aggregate of national polls by Real Clear Politics has Biden leading the popular vote by a 50-43 margin. But as Hillary Clinton learned in 2016, winning the popular vote does not mean victory.The moderatorFox News’ Chris Wallace will moderate a presidential debate for the second straight election cycle. Wallace was widely praised for his moderation of the 2016 debate between Clinton and Trump.While Fox News is considered by many to be right-leaning, Wallace is called one of the networks more independent anchors. Before joining Fox News, he was a reporter for ABC News, and the Washington Bureau Chief of NBC News.While Wallace did not moderate a Democratic Party debate, he is quite familiar with Trump. During the summer, Wallace held wide-ranging interview with Trump, which took Trump to task for the federal government’s response to the coronavirus.While this is the first time Wallace has moderated a debate involving Biden, he has moderated a debate involving Trump four prior times.Wallace moderated three GOP debates for Fox News during the 2016 primary season. During one of the debates, Wallace chided Marco Rubio and Trump stating, “Gentlemen, you’re going to have to do better than this.”The formatThe debate will be broken into six, 15-minute segments.Those segments include:The Trump and Biden RecordThe Supreme CourtCOVID-19The EconomyRace and Violence in our CitiesThe Integrity of the ElectionWhile the exact times candidates will be allowed to speak have not been released, during the last debate Wallace moderated, candidates had two minutes to answer each question, with remaining time to go into a deeper discussion on the topicPrepping for the debateWhile Trump has kept a busy public schedule in the week leading up to the debate, Biden has cut back on appearances to focus on debate prep.Trump had wanted the first debate to be held earlier as voters in a small number of states have started casting ballots.Unrest in US citiesOne of the six topics listed is on race and violence in US cities. The topic will be discussed just days after a Kentucky grand jury announced that two officers who shot and killed Breonna Taylor in Kentucky would not be charged.The issue of race and unrest has been one the two candidates are deeply divided on. While both candidates have said they oppose defunding police departments, Trump has frequently mischaracterized Biden’s position on policing, claiming that Biden supports defunding police departments.Meanwhile, Biden has frequently accused Trump of inciting violence and that Trump’s rhetoric has increased tensions.The Supreme CourtIn 2016, it was a certainty the next president would have to fill at least one Supreme Court vacancy. As Trump is about to likely fill his third open seat on the court, what happens in 2021 and beyond is unclear.Democrats have suggested that they would push to expand the size of the Supreme Court if they control the Senate and White House. Biden has not said whether he would go allow with that plan.Assuming Trump’s third nominee is confirmed, the Supreme Court will give conservatives a distinct advantage.The oldest member of the Supreme Court, 82-year-old Stephen Breyer, is a Clinton appointee. The next oldest justice, George H.W. Bush appointee Clarence Thomas, is a whole decade younger.CoronavirusLikely no issue has shaped the 2020 election more than the coronavirus. With more than 200,000 coronavirus-related fatalities, an unemployment rate that has doubled since March, and the US deficit jumping to near-record levels, the virus has impacted everyday life for virtually all Americans.How the country responds to the virus between now and Inauguration Day could change, however. Will a vaccine be ready by then? Will Americans trust that the vaccine is safe and effective? And what if a vaccine takes longer than expected and/or is not effective as hoped? 4457

The mother of Breonna Taylor wrote an open letter to President-elect Joe Biden calling on him to make criminal justice reforms and to open federal investigations into several high-profile police-involved deaths.“For many Americans, a vote for you was a vote for Breonna, Jacob Blake, Casey Goodson and so many others who have been failed repeatedly by the criminal justice system under the current administration,” Tamika Palmer wrote. “These victims could not vote for you – so millions of us did so on their behalf.”The letter was a full-page ad in the Washington Post Tuesday, and was reportedly paid for by the Grassroots Law Project.Palmer’s daughter was killed in March when Louisville police fired dozens of rounds into her apartment in an early morning warrant search.Shaun King, co-founder and Executive Director of Grassroots Law Project, shared an image of the open letter, saying Palmer “not only calls on Biden to prosecute the officers who murdered Breonna, but to bring about the change & justice he promised her.” 1041

The plane behind Lion Air's crash off Indonesia was one of Boeing's newest and most advanced jets. It was just two months old and with 800 hours under its belt, so experts are baffled as to what exactly caused the 737 MAX 8 to crash.While no information has been released yet as to why the brand-new plane crashed into the sea 13 minutes after takeoff,?FlightRadar24 has published data that shows the plane behaving erratically during takeoff. When a plane would normally be ascending in the first few minutes of flight, the Lion Air jet experienced a 726-foot drop over 21 seconds.Aviation expert Philip Butterworth-Hayes told CNN that the data was unusual -- especially since takeoffs like this are typically controlled by the plane's automatic systems."This doesn't fit an automatic flight profile," Butterworth-Hayes said while studying the data. "Unless, the aircraft was trying to correct itself at the time for a number of reasons.""This shows an unusually unstable vertical flight profile," he added."Exactly at the same time as the speed increased there was an altitude dip, which meant that at that point there was quite some loss of control."The plane, which has only been in operation since August 15, was carrying 181 passengers as well as six cabin crew members and two pilots, bound for Pangkal Pinang on the Indonesian island of Bangka.Former US National Transportation Safety Board air crash investigator and CNN aviation analyst Peter Goelz told CNN the data clearly showed issues with both the speed and altitude of the plane."There is something obviously wrong in both the air speed and the altitude which would point to the flight control systems," he said. "These are fly-by-wire systems -- highly automated -- and pilots may not be able to troubleshoot failures in a timely manner." 1818

The line of well-dressed celebrities waiting to chat with E! on the Oscars red carpet might be a little shorter this year.As Ryan Seacrest continues to defend himself against an allegation of sexual harassment, E! has chosen to stand by its longtime host, saying this week that he will occupy his usual post front and center of the action on the red carpet during Hollywood's biggest night.The decision will leave E!, its hosts, and the celebrities set to walk the red carpet in a difficult position on an occasion that marks both the culmination of Hollywood's award season and the first Academy Awards since the #MeToo and Time's Up movements forced the entertainment industry to address its issues with sexual harassment and gender-related inequity."I don't think [Seacrest is] going to have a great time on the carpet," one longtime Hollywood publicist tells CNN.News that Seacrest was facing workplace misconduct allegations first came to light in November, when Seacrest released a preemptive statement denying the accusations and revealing that E! was conducting an investigation.E! concluded its probe in early February, saying in a statement at the time that outside counsel "found insufficient evidence to substantiate allegations against Seacrest."The allegations received new steam on Monday, when in an interview with Variety, Seacrest's former stylist, Suzie Hardy, detailed instances where she said he groped and sexually harassed her.NBC's "Today" show aired a report on Wednesday in which a former co-worker of Hardy's, who NBC did not identify at the source's request, corroborated her story.In response, Seacrest's attorney, Andrew Baum, claimed the witness who spoke with "Today" had also participated in E!'s third-party investigation."He was interviewed and his claims were fully evaluated," Baum said in a statement to CNN.On Tuesday, Seacrest again denied Hardy's allegations in a statement to CNN, saying in part, "I don't want to accuse anyone of not telling the truth but in this case, I have no choice but to again deny the claims against me, remind people that I was recused of any wrongdoing, and put the matter to rest."Insistent as Seacrest is about his innocence, it may not be enough to clear the air before Sunday."It's probably easiest for some [celebrities] to avoid E!," the veteran publicist added.When asked whether executives at E! were concerned Seacrest's presence could deter celebrities from participating in the network's Oscars coverage, an E! spokesperson told CNN, "It's business as usual. Ryan will be hosting as scheduled on Sunday."At January's Golden Globes, which took place after the allegations were first known but before E! had concluded its investigation, Seacrest seemingly had no trouble getting famous faces to join him on air.However, Seacrest and co-host Giuliana Rancic were criticized on social media for not placing what some felt was sufficient focus on the activist guests who accompanied several nominees involved with the Time's Up movement.The E! hosts also had to contend with a few awkward encounters in which they were questioned about the network's handling of a pay dispute with former on-air personality Catt Sadler.Sadler left E! in December after she says the network declined to close a pay gap she'd discovered between her and a male colleague of similar standing.In a statement at the time, a spokesperson for E! said the network "compensates employees fairly and appropriately based on their roles, regardless of gender."Eva Longoria, Debra Messing and Laura Dern were among those who called out E! while being interviewed at the Golden Globes."I'm sure a few will still stop and talk to Ryan, but I would assume that there are several celebrities that will confront him based on this and/or build on the E! situation with Catt [Sadler]," the veteran publicist added. "Some will avoid [speaking with E!] all together. There are a lot of cameras on the carpet and one isn't going to make that big of a difference."E! is arguably the most visible -- and therefore popular among publicists -- red carpet broadcaster.Last year, E! averaged 2.03 million viewers during the first three hours of its Oscars red carpet coverage and 1.74 million in the last half hour, per Nielsen data.Though a fraction of ABC's preshow numbers (15.9 million viewers from 7-8:30 p.m.), it's a solid ratings result for E!, whose top-rated program, "Keeping Up with the Kardashians," pulls in about 1.5 million viewers per episode.With hours of preshow programming to fill, E! is one of the few entertainment-focused outlets that pay exorbitant fees to broadcast live. Competitors like Entertainment Tonight and Access Hollywood record interviews on the red carpet to air on their syndicated shows the following day.E! places correspondents in multiple positions around the site, including a bridge that overlooks the scene at the Dolby Theater.On the red carpet, few hosts can compete with the weight Seacrest's name carries among influential circles in the entertainment industry, the sector that controls where celebrities make stops during promotional tours and appearances. In addition to contributing to E!'s red carpet coverage for more than a decade, his gigs as host of a syndicated radio program, host of "American Idol," and co-host of "Live with Kelly and Ryan" have left him with plenty of goodwill and friends in the industry.Two former colleagues of Seacrest who worked with him at E! News told CNN they never witnessed any harassment and described him as a "consummate professional."Another top film publicist calls the accusation against Seacrest "a bit of a witch hunt," acknowledging too that they were "definitely sympathetic to every woman's horrific experience.""There has to be a better way to deal with past transgressions and make sure they don't happen again without destroying so many careers."  5892

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