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0 0.00310237849017577 0.00310237849017577 -0.000827300930713529 0.00661840744570838 0.0324715615305067 0.0351602895553258 0.012306101344364
Stock impact report

This Hollywood book and record shop hangs by a thread, waiting for federal help [Los Angeles Times (CA)]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Counterpoint Records & Books, serving the Hollywood Hills since 1980, is in danger of closing its doors for good. In normal times, that wouldn’t count as news anywhere outside the store’s Beachwood Canyon neighborhood. But millions of mom-and-pop businesses have gone dark around the country to fight the spread of the novel coronavirus. Many are just as spooked as Counterpoint Records & Books co-owner Susan Polifronio. With no customers or revenue, with bills still to be paid and debt piling high, the possibility grows every day that many won’t be able to reopen. The federal government was supposed to help, but its $349-billion small-business-loan program was exhausted in days, with some of the money going to major corporations that include national restaurants and at least one coal mining company . Millions of small businesses that sought loans have yet to see any money, according to the National Federation of Independent Business, which surveyed its members Friday and found that 80% Show less Read more
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