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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 Miami Marlins announced Friday that they had hired Kim Ng as their new general manager, making Ng the first female GM in MLB history.According to ESPN, Ng is now the highest-ranking woman employed by any of the 30 MLB teams and is likely the first woman to hold the title of general manager for any major pro sports team — though other women, like former Oakland Raiders CEO Amy Trask and Los Angeles Lakers President Jeanie Buss have held executive roles with pro sports teams.Ng is also the second person of Asian descent to lead the baseball operations of an MLB team, following in the footsteps of Giants president of baseball operations Farhan Zaidi."This challenge is one I don't take lightly. When I got into this business, it seemed unlikely a woman would lead a Major League team, but I am dogged in the pursuit of my goals," Ng said in a statement. "My goal is now to bring championship baseball to Miami. I am both humbled and eager to continue building the winning culture our fans expect and deserve."Ng has worked in the MLB commissioner's office since 2011. Prior to that, she served as the assistant general manager of the Los Angeles Dodgers (2002-2011) and the New York Yankees (1998-2001). She also was a longtime staffer for the Chicago White Sox (1990-1996).During her years with the Yankees, Ng oversaw a roster that included shortstop Derek Jeter, who is now a part of the Marlins' ownership group. 1433

The parents of Otto Warmbier are suing North Korea in a 22-page complaint filed Thursday in federal court in Washington.Warmbier was a college student from Wyoming, Ohio, who was jailed in North Korea and died shortly after he was returned to the United States in a coma.In the document, Fred and Cindy Warmbier accuse Kim Jong Un's "criminal" regime of brutally torturing and murdering the 22-year-old during his 17-month-long captivity from Jan. 2, 2016, through June 13, 2017.“Otto was taken hostage, kept as a prisoner for political purposes, used as a pawn and singled out for exceptionally harsh and brutal treatment by Kim Jong Un. Kim and his regime have portrayed themselves as innocent, while they intentionally destroyed our son’s life. This lawsuit is another step in holding North Korea accountable for its barbaric treatment of Otto and our family," said Fred Warmbier in a statement. Examine the full complaint in the box below.Last summer, Fred Warmbier told the hosts of Fox & Friends and CNN "it looked like someone had taken pliers and tried to rearrange" Otto's bottom teeth. He said he noticed this while?examining?his son after he returned to the U.S. in June. But the Hamilton County Coroner's Office disputed that account. In a news conference, Coroner Dr. Lakshmi Sammarco said she did not see "any evidence of trauma" to Otto's teeth upon his return from North Korea and that she was surprised by the Warmbier's statements.The Warmbiers also attended President Trump's State of the Union address in January.“You are powerful witnesses to a menace that threatens our world, and your strength inspires truly us all,” Trump said to the Warmbiers. “Tonight, we pledge to honor Otto's memory with total American resolve.”Following that, Fred Warmbier accompanied Vice President Mike Pence to the Olympics in South Korea.  1935

The number of coronavirus-related deaths in the United States passed 250,000 on Wednesday as more than 1,000 people are dying from the virus per day in the US this month, according to Johns Hopkins University data.The first coronavirus-related death in the US came on February 29.The solemn milestone lands as coronavirus cases reach peak levels throughout the US, forcing governors to reimpose shutdowns and bolster mask mandates. The virus has been particularly deadly in the nation’s heartland, with hospitals in the Midwest full with COVID-19 patients. Nearly 77,000 Americans were in the hospital on Tuesday battling coronavirus symptoms, according to the COVID Tracking Project. Johns Hopkins reported 1,707 COVID-19 related deaths in the US on Tuesday, marking the deadliest day for the virus in six months.The US passed the 200,000 coronavirus-related death mark on September 21. The US has approximately averaged 862 coronavirus-related deaths since then.Here is where the US reached previous milestones.November 18: 250,000September 21: 200,000July 28: 150,000May 23: 100,000April 23: 50,000February 29: 1The University of Washington’s IHME model projects that the US will reach 300,000 coronavirus deaths on December 22.According to JHU, the US represents 19% of global coronavirus deaths despite only having 4% of the world's population. 1358

The Postal Service says it is facing “historic volumes” going into its busiest shipping week of the year. While Tuesday marks the final day the Post Office recommends shipping packages via ground in time for Christmas, the USPS says there are still a number of options for customers hoping to get their packages to loved ones by Dec. 25.In an effort to assist customers, the USPS says it is enacting a number of measures in hopes of ensuring timely deliveries.Those measures include:Expanded holiday retail hours in select locationsExpanded package delivery window — delivery in morning, afternoon, and early evening where volume warrantsExpanded operational capacity with new equipmentLease extra vehicles as needed to expedite deliveriesFor customers in the continental US, the USPS recommends the following mailing and shipping deadlines for expected delivery by Dec. 25 to most US addresses.Dec. 15 — USPS Retail Ground serviceDec. 18 — APO/FPO/DPO (except ZIP Code 093) USPS Priority Mail Express serviceDec. 18 — First-Class Mail service (including greeting cards)Dec. 18 — First-class packages (up to 15.99 ounces)Dec. 19 — Priority Mail serviceDec. 23 — Priority Mail Express serviceUSPS notes that only the Priority Mail Express service is a guarantee, and the other deadlines are merely recommendations. “We thank our customers for their continued support, and we are committed to making sure gifts and cards are delivered on time to celebrate the holidays,” said Kristin Seaver, Chief Retail and Delivery Officer of the Postal Service. “We also thank our 644,000 employees who are working tirelessly throughout these unique conditions to ensure the delivery of holiday gifts and greetings."Heading into the holidays, USPS service reported significant slowdowns. For the months of July, August and September, USPS reported single-piece first-class mail fell below its annual benchmarks, and past performance. During the quarter, three-to-five day on-time service dropped from 87.8% in 2019 to 72.1% in 2020. Its two-day on-time service dropped from 94% to 88.2% from 2019 to 2020. 2099

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