Apr 30, 2020

The worst string of layoffs on record

COVID-19 has altered the landscape for local chambers of commerce, who function to promote local businesses. Spencer Platt/Getty Images

Roughly 30.3 million people have now filed for jobless aid. How the pandemic is widening inequality. Tesla's surprise report of profits during the first quarter of 2020. How big banks were temporarily locked out of the Paycheck Protection Program.

Segments From this episode

COVID-19

Black women twice as likely as white men to suffer economically from COVID-19

by Kimberly Adams

Apr 30, 2020

That includes getting laid off, furloughed or having hours or pay reduced because of the pandemic.

Risk of job loss is already a reality for many black women.

John Moore/Getty Images

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COVID-19

Elon Musk and Tesla report a profit for the first quarter, despite COVID-19

by Jack Stewart

Apr 30, 2020

It's the automaker's third profitable quarter in a row.

Musk told investors Wednesday that the company is "pedal to the metal" on expansion right now.

Win McNamee/Getty Images

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COVID-19

SBA temporarily shuts out big banks and businesses from Paycheck Protection Program

by David Brancaccio , Nova Safo and Alex Schroeder

Apr 30, 2020

For eight hours, only smaller banks were able to process applications.

How can regulators make sure small businesses are the ones getting this money?

Cindy Ord/Getty Images

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Music from the episode

Yin And Yang Uyama Hiroto

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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