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  • Karen Marvin, owner of South Shore Paddleboards in

    Fire, yes, virus, no: Insurance coverage falls short

    Business interruption insurance, designed to help in a short-term crisis, typically excludes losses due to viruses or bacteria.

  • Ben Jackson of Ben's General Contracting Corp. said

    Most contractors and builders must stop working

    Updated state guidelines say work must stop, with some exceptions, and fines can run $10,000.

  • SBA disabled the portal's online application function on

    Application for disaster loans exposed business owners’ personal data

    U.S. Small Business Administration said victims are being notified individually and offered free credit monitoring for one year.

  • The west building at the worldwide corporate headquarters

    LI company: COVID-19 test kits almost ready to ship

    Hundreds of thousands of 15-minute COVID-19 test kits will be ready to distribute in the United States by Monday, Henry Schein said

  • NY top court: App-based drivers are employees

    The Court of Appeals rules couriers for companies such as Postmates are not independent contractors.

  • Robert Piechota, Long Island branch manager for the

    SBA official: Apply for disaster loans now

    “If you need help, there’s help to be had,” the official said, but acknowledged that the high volume of applications, computer glitches will slow the process.

  • The SBA's online portal for businesses to apply

    Online disaster-relief loan applications halted amid security worries

    Security concerns caused the U.S. Small Business Administration to disable the portal’s online application function on Wednesday.

  • Visitors to the Department of Labor in Manhattan

    NY unemployment claims rose almost 600{d05f388fa08f4d675a822acf1486e94712302178bac778b4b99d28e44a90be3a} in one week 

    Over 80,500 New Yorkers sought unemployment benefits last week, according to the state Labor Department. 

  • State employees help people who have lost their

    U.S. jobless claims soar to record 3.3 million as layoffs jump

    Nearly 3.3 million Americans applied for unemployment benefits last week amid a widespread economic shutdown caused by the coronavirus.

  • Some Long Island bank and credit union locations

    Money safe in bank, say authorities, as some make withdrawals

    “Our mantra is that taking your money out of an insured context and bringing it home is risky,” an FDIC spokesman said.

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