'We must not only flatten the curve of the health crisis but we must begin to flatten the curve of economic despair,' the billionaire former Starbucks CEO said Monday.
Schultz suggested that future fiscal stimulus measures should include more of a "backstop" to help landlords and banks who want to "forego not only the rent in the short term but give an opportunity for these restaurant operators to open in a way in which rent is forgiven."
"It's not a time for politics. It's a time to band together to get hope to people who need it most; and most importantly to demonstrate shared humanity," he said. "We must come together and recognize that we'll get through this, but we also have to dig deep to help those people who can't help themselves."The Pike Place Market stands virtually empty of patrons on March 10, 2020 in downtown Seattle, Washington.
"Friday was the third week in which restaurant workers have not gotten a paycheck," Schultz said, noting the COVID-19 pandemic began hitting the Seattle area sooner than other parts of the country.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
How the $2 trillion US stimulus package could impact SMBs and alt lenders - Business InsiderThe US Senate announced a $350 billion loans package for small businesses to help them sustain their business during the coronavirus pandemic.
Consulte Mais informação »
Everbridge BrandVoice: Four Steps Businesses Can Take To Reduce Coronavirus ImpactFor businesses, knowing what is happening across the organization and anticipating the potential impact will help them take action and reduce risk Sponsored by Everbridge
Consulte Mais informação »
Trump says he will ask Congress for more money for small businessesPresident Trump says he will ask Congress for more money for small business loans if the money already allocated runs out.
Consulte Mais informação »
Trump says he will immediately ask for more small business money if relief fund runs outPresident Donald Trump on Saturday said that he will 'immediately' seek more funding from Congress if the employee retention programs included in the $2 trillion coronavirus relief bill run out of money.
Consulte Mais informação »
Small-business owners express confusion, fear over federal bailout fundSmall-business owners and nonprofit executives told MarketWatch their banks aren’t yet accepting applications, while expressing confusion and concern about the terms of the loan and whether it makes sense for their businesses to accept the money at all.
Consulte Mais informação »
Google and Facebook will offer small businesses ad credits and grants - Business InsiderGoogle and Facebook will offer small businesses who advertise with them, and some news publishers, some relief in the form of ad credits and grants.
Consulte Mais informação »