LATEST: Ruth's Chris Steakhouse and fast-salad chain Sweetgreen announced they will both be returning loans they received through the Small Business Association's Paycheck Protection Program.
Thursday telling publicly traded companies to repay their coronavirus stimulus loans meant to help small businesses by May 7.
China will donate $30 million in funding to the World Health Organization to support its efforts to fight COVID-19 and the construction of public health systems in developing countries, according to its state-run news organization Xinhua. This adds to the some 22 million people who have already lost their jobs and filed for unemployment since the COVID-19 crisis hit the U.S.
"The Federal Reserve and elected officials have responded with remarkable speed to the crises, but those responses are imperfect as we’ve seen, for example, with implementation of the Payroll Protection Plan," he added.
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