News Daypop Archives

Shake Shack Plans To Send Back $10 Million Coronavirus Stimulus Loan

Shake Shack is returning the money it received from the government’s stimulus loans program aimed at saving small businesses ravaged by the coronavirus pandemic. Shake Shack received $10 million in forgivable loans under the Paycheck Protection Program (PPP), which kicked off on April 3. The plan was meant to help small businesses pay employees during the pandemic. However, the fund ran out of money on Thursday. ...Read more

Texas Governor Greg Abbott Says One Police Officer Killed, Two Injured During ‘Ambush’

A police officer was killed and two others were injured in what authorities described as an “ambush” in San Marcos, Texas. Officials said the shooting took place after officers responded to a 6:05 p.m. domestic disturbance call at an apartment complex, the San Marcos Police Department said in a statement. “During the course of their response, the suspect ambushed the officers with a rifle,” it said. A suspect apparently died for a self-inflicted gunshot, police said. ...Read more

16 Killed In Nova Scotia Shooting Rampage

Sixteen people, including a police officer, are dead in Nova Scotia following the worst shooting rampage in Canadian history. The Royal Canadian Mounted Police said Sunday that the suspected shooter was also dead,  identified as 51-year-old Gabriel Wortman. Police said he was believed to be wearing an RCMP uniform at one point, but he was not employed by RCMP. The motive is unknown. ...Read more

Retail Sales Plunge 8.7% In The Largest Drop On Record

Retail sales plunged nearly 9% in March, marking the largest one-month drop in U.S. retail sales since the U.S. Department of Commerce began keeping records in 1992. A preliminary report from the Department of Commerce showed an 8.7% drop, or $483.1 billion, in sales, as the coronavirus pandemic worsened across the country.The drop was a 6.2% decrease from the same time in 2019. ...Read more