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Millions of small businesses that received Paycheck Protection Program loans have been waiting for answers on how and when their loans would be forgiven. Now, the Small Business Administration has announced a plan that would forgive almost 70% of all the loans it gave out.“The new guidance that has come out from treasury department and the SBA aim to ease the process for applying for forgiveness of loans under ,000,” said Molly Day with the National Small Business Association.The new guidance forgives PPP loans that were ,000 or less, but also comes with a new rule. The rule allows businesses with no employees or businesses where the owner is the only employee, can now have most or all of their loan forgiven.Initially, most of the forgivable portion of a PPP loan was that which was used toward paying employees. The new rule also relaxes the scrutiny requirements on lenders to review documentation from small businesses proving how the money was spent.“A lot of small businesses don’t have employees, or they have one employee and that is themselves, adjusting that really makes it a lot more workable for the sole proprietors that are small businesses [and] are doing great work and deserve some assistance as well,” said Day.The forgiveness process laid out by the Small Business Administration does not have the usual red tape that comes with most government forgiveness processes. Business owners who received loans of ,000 or less have to fill out a one-page document, just released by the SBA, and have their lender process it.“I do think making the forgiveness process easier and more streamlined could help many small businesses,” added Day.With the loan debt hanging over their heads, many small businesses have been reluctant to take on additional debt or put more of their saving into their businesses. Relieving them of the loan burden could now allow them to do so and may result in saving some businesses that were on the brink.However, the SBA points out there’s no guarantee and is still pushing for continued support from Congress in the next stimulus bill. In addition, it is pushing for the SBA to extend the new guidance to loan 0,000 or less. 2195
NASCAR said in a statement on Thursday that the noose found in Bubba Wallace's garage "was real."The noose was found in the garage stall of Bubba Wallace last week at the racetrack in Talladega, AlabamaNASCAR released a picture of the noose that was found in Wallace's garage on Thursday. 296

Move over, "The Bachelor." The royal wedding of Prince Harry and Meghan Markle — now the duke and duchess of Sussex — was a huge ratings draw.In the US, about 29 million people tuned in on Saturday morning, according to Nielsen's total of the 15 channels that showed the wedding.Some viewers awoke at 4 or 5 a.m. ET to watch the arrivals. But the ceremony officially started at 7 a.m., so that's what the 29 million figure measures.Between 6 and 9 a.m. ET, including the arrivals and the procession afterward, NBC averaged 6.4 million viewers, ABC averaged 6.3 million, and CBS had 4.8 million. On cable, Fox News had 1.9 million, CNN had 1.8 million and MSNBC had 1 million viewers.In the UK, the ratings were higher for Prince William and Kate Middleton's wedding in 2011.Those nuptials averaged 24 million viewers there, while Saturday's festivities averaged 18 million viewers.Still, it was "by far the biggest television event of the year" in the UK, The Guardian reported.The UK has a total population of about 66 million.The US has five times the population. Markle is an American woman who married a prince, so it makes sense that this wedding stirred more interest in the US.William and Kate's wedding in 2011 started a little earlier in the morning, on a weekday, and averaged 22.8 million viewers in the U.S.Nielsen said the official average for Harry and Meghan was 29.2 million, but that only counts people watching on TV at home. An unknown number streamed the wedding on mobile devices.There was strong interest later in the day, as well. Cable news ratings remained high all day long. CNN rebroadcast the wedding in prime time and averaged 1.6 million viewers, out-rating Fox and MSNBC. 1725
Nearly 25 years after "The Lion King" first appeared on the big screen, a live-action remake of the classic children's movie will return to the big screen in 2019, as Disney confirmed the star-studded cast on Wednesday. Among the stars slated to appear in the 2019 edition of "The Lion King," Beyonce will star as Nala. Reprising his role of Mufasa is James Earl Jones. Seth Rogen, Donald Glover, John Oliver and Alfre Woodward are also among cast members for the Lion King revamp. The 2019 edition of "The Lion King" will employ CGI-like technology to create live action, opposed to traditional animation, which was used in the original in 1994. The original "Lion King" movie earned nearly billion, after several re-releases. 764
NASHVILLE, Tenn. — CBS News is reporting that a "person or persons" of interest has been identified in the bombing in downtown Nashville on Christmas morning. 166
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