SCBIZ Daily for June 12, 2020

Governor has no plans to close businesses as cases rise

S.C. Gov. Henry McMaster encouraged residents to practice social distancing during a news conference addressing rising COVID-19 case numbers. South Carolina has surpassed 15,000 reported cases, with a record 542 cases announced Monday.

S.C. unemployment claims climb by more than 3,700

For the week ending June 6, 22,734 people filed initial unemployment claims, an increase of 3,748 from the week before. The state has seen 582,265 claims filed since March 15.

BMW Manufacturing passes production milestone

BMW has made 5 million vehicles in Spartanburg County. The milestone U.S.-made BMW is a red X5 M Competition equipped with a 617-horsepower M TwinPower Turbo V-8 engine.It was completed June 5 and will remain at the factory to become part of the BMW history collection.

Evictions expected to spike as COVID-19 moratoriums end

Thousands of Americans are now staring at the abyss of homelessness as states begin to lift moratoriums on evictions that have been in place since the start of the coronavirus pandemic three months ago.

PPP rehire date extended with flexibility for borrowers

The Paycheck Protection Program Flexibility Act relaxes some loan requirements and extends the loan forgiveness period among other changes to the original act.

News from across South Carolina

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