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Tesla says it has thumbs up to restart operations at Fremont factory

In a letter to employees, Tesla says Alameda County has given the OK to restart operations.

One of S.F.’s biggest landlords responds to Speaker Pelosi’s call for it to return PPP loan

Even though PPP loans can be designated as forgivable under certain criteria, Veritas Investments has pledged to go another direction after being called out publicly by Congresswoman Nancy Pelosi over the weekend.

Salon owner details pain of feeling ‘overlooked’ during Covid-19

“There are several frustrating things about this. One thing is that I feel like no one is here to help me and guide me on how to fill out applications and just general support,” she said.

How farmers can prepare for the USDA’s $16 billion Covid-19 relief program

The details haven’t been released yet, but farmers who’ve had losses due to the Covid-19 outbreak can start getting the paperwork together to apply for relief from the U.S. Department of Agriculture’s new assistance program.

What this Bay Area bank learned from $2B in PPP loans

Santa Clara-based Silicon Valley Bank has processed 5,500 Paycheck Protection Program loans worth more than $2 billion in the past six weeks. Here’s what one of its top executives says it’s learned from that.

San Francisco sublease space hits level not seen in two decades

Sublease space represents 40% of the office space available in San Francisco, potentially triggering rental decreases and concessions.

Café and bakery chain Specialty’s closing for good

The 33-year-old chain based in Pleasanton with outposts throughout the Bay Area said on its website that Covid-19 and shelter-in-place policies “have decimated company revenues.”

Specialty’s closure includes two sites in Sacramento region

A note on the chain’s website says the Covid-19 pandemic and shelter-in-place orders in California “have decimated company revenues.”

J.C. Penney files for Chapter 11 bankruptcy protection

J.C. Penney has filed for bankruptcy. The legacy retailer addresses phased store closures, the potential exploration of a third-party sale process and more.

Report: Tesla may build next factory in Austin area

Tesla CEO Elon Musk has been flirting with Texas for some time. Now there are reports he could put the company’s next major manufacturing facility in the Texas capital.