Carolina Herrera unveils secret garden at NY Fashion Week
Carolina Herrera breathed spring back to life at its New York Fashion Week show with a romantic portrayal of nature and beauty, accentuating that the brand’s modern and striking feminine aesthetics work for every woman throughout the seasons and decades.
Small business program scrutinized for loans to big firms
The PPP offered loans up to $10 million to companies with fewer than 500 employees. The most appealing aspect of the program: possible loan forgiveness if most of the money was spent on workers. But when the loans were first proposed, lawmakers described them as a rescue for small businesses and their employees. Treasury Secretary Steven Mnuchin soon said the government would audit loans above $2 million, though some experts have their doubts. Aliera Companies, a private equity firm specializing in healthcare, got a $5 million to $10 million loan.