News • 1 year ago

After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down

www.nytimes.com

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After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down

www.nytimes.com

News • 1 year ago

Yellow, which received a pandemic loan, is winding down operations ahead of an expected bankruptcy filing. The closure of the company would mean the loss of about 30,000 jobs.

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@Olgratin_Magmatoe
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1 year ago
$757 billion has been forgiven in PPP loans. That $700 million figure is just from Yellow alone.

Forgiving student loans is a drop in the bucket in comparison to the bailouts the wealthy get.

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