BUSINESS NEWS | Kanye West’s Clothing Brand Hollywood Production Companies On Pandemic Loan List

LOS ANGELES – Ventures backed by big-name entertainers Kanye West and Francis Ford Coppola were among those approved for loans under a U.S. government program to help businesses survive the coronavirus pandemic, according to a list released on Monday.

Billionaire rapper West’s clothing brand Yeezy received clearance for a loan between $2 million and $5 million under the Paycheck Protection Program, the U.S. Small Business Administration said.

The company said the loan would save 160 jobs, according to the SBA.

The PPP was established to aid workers at companies and nonprofits with fewer than 500 employees hurt by closures and other measures meant to slow the spread of the novel coronavirus. The list released Monday gave the most-detailed accounting to date of who applied for and was approved to receive funds.

Several Hollywood production companies applied for PPP aid after filming was halted in mid-March, putting tens of thousands of cast and crew members out of work. Approved applicants included The Jim Henson Company, creator of the Muppets, and The Apatow Company, run by writer/director Apatow.

A spokeswoman for Apatom said he received $160,000 under the program but immediately paid it back.

The Jim Henson Company received roughly $2 million, which enabled it to keep the entire staff of 75 workers employed, company spokeswoman Nicole Goldman said.

Other loan applicants from the world of entertainment included filmmaker Coppola’s Francis Ford Coppola Presents, a lifestyle brand that markets films, wine and other products, and e-sports company FaZe Clan, according to the SBA.

Cinema operators, which were forced to close in March, also applied for relief. Theater chains approved for loans included California-based Laemmle Theatres and Regency Theatres, the government list said.


Travel | Honduras To Reopen Domestic And International Flights In Mid-August

MILAN | ITALY – Honduras announced Tuesday it will reopen its airports to domestic and international flights in mid-August, after a nearly five-month closure due to the pandemic. The reopening of the airport is part of the government’s efforts to reactivate the economy, which is expected to contract between 7% and 8%, according to the … Continue reading Travel | Honduras To Reopen Domestic And International Flights In Mid-August

BREAKING NEWS | Trump Says Beirut Explosion Seems To Be ‘Bomb Of Some King’

MILAN | ITALY – President Donald Trump on Tuesday cast a massive explosion that killed dozens of people and wounded thousands in Lebanon’s capital, Beirut, as a possible attack and offered U.S. help. ‘The United States ready to assist Lebanon’, Trump said at a White House briefing. ‘We will be there to help. It looks … Continue reading BREAKING NEWS | Trump Says Beirut Explosion Seems To Be ‘Bomb Of Some King’

BREAKING NEWS | Trump Says U.S. Ready To Assist Lebanon After ‘Terrible Attack’

MILAN | ITALY – President Donald Trump on Tuesday said he sent his sympathies to Lebanon for the dozens of people killed and thousands wounded in a massive explosion in Beirut, which he cast as an attack, and offered U.S. help. ‘The United States stands ready to assist Lebanon’, Trump said at a White House … Continue reading BREAKING NEWS | Trump Says U.S. Ready To Assist Lebanon After ‘Terrible Attack’

BREAKING NEWS | U.K. PM Johnson Offers Support To Beirut After Massive Blast

LONDON – Prime Minister Boris Johnson said Britain stood ready to provide any support it could to help Beirut after a massive explosion in the city’s port area killed 25 people and injured more than 2,500. ‘The pictures and videos from Beirut  tonight are shocking’, Johnson wrote on Twitter. ‘All of my thoughts and prayer … Continue reading BREAKING NEWS | U.K. PM Johnson Offers Support To Beirut After Massive Blast

BREAKING NEWS | Massive Blast Rips Through Beirut, Killing 50 And Injuring Thousands

BEIRUT | LEBANON – A huge explosion in port warehouses near central Beirut Killed more than 50 people, injured over 2,750 and sent shockwaves that shattered windows, smashed masonry and shook the ground across the Lebanese capital. Officials expected the death toll to rise further after Tuesday’s blast as emergency workers dug through rubble to … Continue reading BREAKING NEWS | Massive Blast Rips Through Beirut, Killing 50 And Injuring Thousands

BREAKING NEWS | Saudi Arabia Following With Great Concern Consequences Of Beirut’s Explosion: SPA

RIYADH  | SAUDI ARABIA – Saudi Arabia’s foreign ministry said on Tuesday that is it following with great concern the consequences of Beirut’s port explosion, according to the state news agency. The statement also affirmed the kingdom’s full support and solidarity with the Lebanese people. The death toll from a massive explosion in Beirut  on … Continue reading BREAKING NEWS | Saudi Arabia Following With Great Concern Consequences Of Beirut’s Explosion: SPA

TRAVEL | Jordan Delays Resuming International Flight After COVID-19 Surge Abroad

AMMAN – Jordan on Tuesday postponed a resumption of international flight services that was planned for Wednesday almost five months after they were suspended due to the coronavirus outbreak, officials said. Civil Aviation Commission chief Haitham Mistro has announced last month that Queen Alia International Airport outside the capital Amman would reopen on Aug.5 for … Continue reading TRAVEL | Jordan Delays Resuming International Flight After COVID-19 Surge Abroad

SPORT | Red Card For Virus As Saudi Pro League Returns With Riyadh Derby

RIYADH | SAUDI ARABIA – The most popular rivalry in the Saudi Pro League (SPL) will take center stage as Al-Nassr host Al-Hilal on Wednesday, with safety precautions to allow the safe return of football in the Kingdom. The eagerness for football’s return will be highlighted when players arrive fully kitted at King Fahd Stadium, … Continue reading SPORT | Red Card For Virus As Saudi Pro League Returns With Riyadh Derby

ROYALS | Former King Juan Carlos To Leave Spain Amid Corruption Allegations

MADRID – Spain’s former king Juan Carlos has told his son, King Felipe, that he is leaving the country, the Royal House said on Monday, in a dramatic move designed to protect the monarchy after corruption allegations against him surfaced. In June, the Spanish Supreme Court opened an investigation into Juan Carlos’s involvement in a … Continue reading ROYALS | Former King Juan Carlos To Leave Spain Amid Corruption Allegations

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