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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 Philadelphia Police Department has released officer-worn body camera footage and 911 calls from an October shooting that led to the death of Walter Wallace, Jr.ABC News reports that the release maks the first time in the department's history that it has released body camera footage.Wallace was shot and killed by police on Oct. 26. Police at the time said they were responding to reports of a man with a weapon and that Wallace did not respond to orders to drop a knife he was holding.According to WPVI-TV, Philadelphia police received three 911 calls regarding the incident. The first came from a neighbor who reported that a fight next door. The other two calls came from family members, who asked for help in dealing with Wallace.Bodycam footage from the incident shows officers Wallace leaving a house and walking toward the street holding a knife. Police repeatedly yelled at Wallace to drop his knife and ask others in the area to back away.Despite repeated warnings to drop his weapon, the video shows Wallace circling a parked car and walking toward officers. Police fired 14 shots toward Wallace, though the department has not confirmed how many of those shots struck Wallace.Wallace was later transported to a local hospital where he was pronounced dead.According to WPVI, officers are the scene were not armed with less-lethal weapons, like stun guns. Police Commissioner Danielle Outlaw said Wednesday that the department has sought funding to equip more officers with stun guns.Wallace's death sparked a few days of protests in Philadelphia. Police say that 30 police officers suffered minor injuries during the demonstrations. 1653

The head of Interpol, who vanished after taking a flight to Beijing, is being held and investigated for corruption, the Chinese Ministry of Public Security said in a statement Monday.Meng Hongwei, who was also a vice minister of public security in China, has been accused by the Chinese government of accepting bribes and committing unspecified other crimes."(Meng) insisted on taking the wrong path and had only himself to blame (for his downfall)," the country's top law enforcement official, Zhao Kezhi, was quoted as saying in the statement.Chinese authorities had previously remained tight-lipped about the whereabouts of Meng, following his sudden disappearance last month after he flew from France to China.In an earlier statement released on Sunday, the Chinese government said Meng was "under investigation" by the National Supervisory Commission, the country's top anti-corruption unit, but gave no further details on whether he was in custody or what the charges might be.Concerns over Meng's whereabouts were first raised by wife, Grace, who reported him missing to French authorities in the city of Lyon, where the couple live, last Thursday.She was moved to contact authorities after she received a final text message on September 25, shortly after he arrived in China, with a knife emoji and instructions to "wait for my call."That call never came.The South China Morning Post, a Hong Kong-based newspaper known for its connections inside the Chinese government, said Meng was "taken away" for questioning upon landing in China last week. The newspaper cited an unnamed source.In a separate development, Interpol said it had received Meng's resignation from the international police agency with "immediate effect" according to statement posted Sunday. It made no mention of the former president's whereabouts or the Chinese investigation. 1861
The Los Angeles County District Attorney is reviewing a sex crimes case against Kevin Spacey, officials tell CNN.The case was presented to prosecutors on April 5 by the Los Angeles County Sheriff's Department, according to a spokesperson for the Los Angeles District Attorney.No additional information was made available.An attorney for Spacey did not immediately return CNN's request for comment.The news comes nearly six months after Spacey was accused of making a sexual advance on actor Anthony Rapp when Rapp was only 14.Rapp, now 46, shared his account of the alleged 1986 incident?with a then-26-year-old Spacey in an interview with Buzzfeed back in October.In response to the allegations, Spacey tweeted that he was "beyond horrified to hear [Rapp's] story," adding that he did not remember the encounter."But if I did behave then as he describes, I owe him the sincerest apology for what would have been deeply inappropriate drunken behavior, and I am sorry for the feelings he describes having carried with him all these years," Spacey added.Days later, members of the "House of Cards" production staff detailed sexual harassment and an alleged instance of sexual assault to CNN.A former TV news anchor also came forward?with an allegation that Spacey sexually assaulted her son in 2016.An attorney for Spacey did not respond to CNN's request for comment at the time.Netflix?cut ties?with Spacey as a result of the allegations, a move that cost the streaming service roughly million.The next season of "House of Cards" was delayed, and now is set to debut in fall, with Robin Wright leading the cast.In London, 20 allegations of inappropriate behavior by Spacey were unearthed during an investigation commissioned by officials at The Old Vic Theatre, where Spacey served as artistic director from 2004-15.The Old Vic said the allegations spanned from 1995 to 2013, with most of the claims taking place before 2009. The theater added that it had not been possible to verify any of the allegations.Spacey sought unspecified treatment following the allegations made by Rapp, but has not made a public appearance since. 2182
The House Committee on Labor and Education is holding a hearing on the topic of reopening schools amid the coronavirus pandemic on Thursday — about a week after Democrats on the committee said the White House blocked health officials from testifying during the hearing.Last Friday, CNN and Politico reported that Democrats' request to have CDC Director Dr. Robert Redfield testify at the hearing was denied by the White House."Dr. Redfield has testified on the Hill at least four times over the last three months. We need our doctors focused on the pandemic response," an email from the White House to committee members read, according to CNN.Democrats claim that their request was for any high-ranking CDC official, not just Redfield.No Trump administration officials are testifying at Thursday's hearing. That includes Education Sec. Betsy DeVos, and members of the Coronavirus Task Force like Drs. Anthony Fauci and Deborah Birx.According to the Committee's website, witnesses include Michael Hinojosa, the Superintendent of the Dallas Independent School District; Leslie Boggs, the president of the National Parent Teacher Association; Dr. Penny Schwinn, the Commissioner of the Tennessee Department of Education and Dr. Sean O'Leary, the Vice Chair of the Committee on Infectious Diseases at the American Academy of Pediatrics. 1340
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