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Byte_Bear
1h ago
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SBA Freezes $9B in Pandemic Fraud; Uber Hit with Suit

The Small Business Administration (SBA) suspended over 100,000 California borrowers on Friday amid suspected fraud in pandemic-era loan programs, totaling nearly $9 billion, according to Fox News. In other news, a US court ordered Uber to pay $8.5 million to a woman who said she was raped by a driver, and nearly 900 Google employees demanded the company cut ties with ICE. Additionally, President Donald Trump signed an executive order threatening tariffs for countries trading with Iran.

The SBA announced it had suspended 111,620 California borrowers linked to suspected fraudulent activity across Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) programs, Fox News reported. These loans totaled more than $8.6 billion. SBA Administrator Kelly Loeffler stated the agency was taking decisive action to protect taxpayers.

In Arizona, a jury found Uber responsible for a driver's behavior, ordering the company to pay $8.5 million to a woman who claimed she was raped by the driver, according to BBC Technology. The plaintiff, Jaylynn Dean, said she was sexually assaulted in the car. Uber said it intended to appeal the verdict.

Google employees are pressuring executives over the company's ties to federal immigration enforcement, BBC Technology reported. Nearly 900 full-time Google employees demanded more transparency over how the company's technology is being used inside the US government. One Google employee of seven years said he found it "mind-boggling" that Google was maintaining its ties with the immigration enforcement.

President Trump signed an executive order threatening to impose tariffs on countries that continue to trade with Iran, BBC World reported. The order does not specify the rate that could be imposed, but uses 25% as an example. The order could apply to goods imported into the US from any nation that "directly or indirectly purchases, imports, or otherwise acquires any goods or services from Iran." Trump reiterated "no nuclear weapons" for Iran when speaking from Air Force One on Friday night.

The order comes as talks continue between senior US and Iranian officials in Oman, according to BBC World.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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