Business
Keep up with Long Island and national business news, including complete coverage of local companies, technology updates, stock market changes and more.
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Business interruption insurance, designed to help in a short-term crisis, typically excludes losses due to viruses or bacteria.
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Updated state guidelines say work must stop, with some exceptions, and fines can run $10,000.
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U.S. Small Business Administration said victims are being notified individually and offered free credit monitoring for one year.
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Hundreds of thousands of 15-minute COVID-19 test kits will be ready to distribute in the United States by Monday, Henry Schein said
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NY top court: App-based drivers are employees
The Court of Appeals rules couriers for companies such as Postmates are not independent contractors.
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"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.
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Security concerns caused the U.S. Small Business Administration to disable the portal's online application function on Wednesday.
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Over 80,500 New Yorkers sought unemployment benefits last week, according to the state Labor Department.
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Nearly 3.3 million Americans applied for unemployment benefits last week amid a widespread economic shutdown caused by the coronavirus.
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"Our mantra is that taking your money out of an insured context and bringing it home is risky," an FDIC spokesman said.