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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

MOSCOW (AP) — Russia is boasting that it’s about to be the first country to approve a COVID-19 vaccine, with mass vaccinations planned as early as October using shots that are yet to complete clinical trials. But scientists worldwide are sounding the alarm that the headlong rush could backfire and point to ethical issues that undermine confidence in the Russian studies. Moscow sees a Sputnik-like propaganda victory, recalling the Soviet Union’s launch of the world’s first satellite in 1957. But the experimental COVID-19 shots began first-in-human testing on a few dozen people less than two months ago, and there’s no published scientific evidence yet backing Russia’s late entry to the global vaccine race, much less explaining why it should be considered a front-runner.“I’m worried that Russia is cutting corners so that the vaccine that will come out may be not just ineffective, but also unsafe,” said Lawrence Gostin, a global public health law expert at Georgetown University. “It doesn’t work that way. ... Trials come first. That’s really important.”According to Kirill Dmitriev, head of Russia’s Direct Investment Fund that bankrolled the effort, a vaccine developed by the Gamaleya research institute in Moscow may be approved in days, before scientists complete what’s called a Phase 3 study. That final-stage study, usually involving tens of thousands of people, is the only way to prove if an experimental vaccine is safe and really works. 1467

MILWAUKEE, Wisc. — Milwaukee County voters will be asked about legalizing marijuana this November after the County Board of Supervisors approved a referendum question on a 15-1 vote Thursday morning.The non-binding, advisory referendum on the November ballot would ask voters how they feel about approving the sale, usage and taxation of recreational marijuana.The official question, proposed by County Supervisor John F. Weishan, would ask if people approve of allowing adults 21 and older to  "engage in the personal use of marijuana, while also regulating commercial marijuana-related activities, and imposing a tax on the sale of marijuana."The measure had previously passed the committee stage on a 5-0 vote.Ten?states allow recreational marijuana usage — Washington, Oregon, California, Nevada, Colorado, Alaska, Vermont Massachusetts and Maine, a list that doesn't include Midwestern states.According to a October 2017 Gallup poll, nearly 64 percent of American's support the legalization of marijuana--up from 50 percent in 2010. In a July 2016 poll done by the Marquette University Law School, 59 percent of Wisconsin voters believed marijuana should be legalized and regulated like alcohol. In terms of profit, a big focus of the referendum, legalized marijuana is a multi-billion dollar industry and is expected to be as valuable as billion in 2025.? 1408

NASHVILLE — As a teacher working two jobs, Blake Hastings often finds herself scraping to get by and waiting for pay day to come, which is why earlier this week when she was about to run out of gas in Spring Hill, Tennessee, she knew she couldn’t afford to fill her entire tank.Hastings is a special education teacher who is passionate and still working on her master’s degree at Middle Tennessee State University. Her soft smile and long blonde hair seem to mirror her warm personality.This is perhaps what drew the attention of a stranger at the Kroger in Spring Hill on Tuesday night. Hastings had just left her second job as a nanny and was heading home when her gas light turned on — the tank was empty. So she pulled into the gas station here with only a few dollars for gas. Payday was still a few days away so this would have to do for now.But as she got out of her car, a stranger approached her. 938

Milwaukee Mayor Tom Barrett says he’s concerned after seeing video of police using a stunning and arresting?a Milwaukee Bucks player Sterling Brown.The video is expected to be released soon, possible later this week. Police are reportedly bracing for backlash from the release of that video. This incident took place on the south side of Milwaukee in January. Police were called to a Walgreens because Brown was illegally parked across two handicap spaces. The officers say they tried to talk to Brown but had to deploy their stun guns to arrest him. Since that time, the arrest has been the subject of a police internal investigation."I have some of the same concerns that the chief has expressed over the video. I'm going to let the release of that speak for itself, but yes, I definitely have concerns after watching that video,” Barrett said. The mayor indicated that Police Chief Alfonso Morales had a similar reaction after seeing the video. Brown was not charged in the incident. However, he did receive a parking citation.  1089

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