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Gov. Charlie Baker has closed non-essential businesses until at least May 4, as part of the effort to stem the spread of the coronavirus, although those closures may be extended. Meanwhile, President Donald Trump has said he wants to restart the U.S. economy by the end of April. The Paycheck Protection Program from the $2-trillion federal stimulus gives small businesses loans to cover only eight weeks worth of expenses. Health experts warn restarting the economy too soon increases the risks of the coronavirus spreading further and business and government officials must weigh the health risks against the potential damage caused by a long-term economic slowdown.
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SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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Gov. Charlie Baker has closed non-essential businesses until at least May 4, as part of the effort to stem the spread of the coronavirus, although those closures may be extended. Meanwhile, President Donald Trump has said he wants to restart the U.S. economy by the end of April. The Paycheck Protection Program from the $2-trillion federal stimulus gives small businesses loans to cover only eight weeks worth of expenses. Health experts warn restarting the economy too soon increases the risks of the coronavirus spreading further and business and government officials must weigh the health risks against the potential damage caused by a long-term economic slowdown.