Axios Says It Will Return $4.8 Million Government Loan

The news organization says it has found a different source of funding and that the federal program has become more politicized since its passage.

  • Published 1 May 2020

NEW YORK (AP) — The news organization Axios says it will return the $4.8 loan it received from the federal government as part of the Paycheck Protection Program passed in the wake of the coronavirus pandemic. Axios says it has found a different source of funding and that the federal program has become more politicized since its passage. It was among a handful of news organizations that sought the aid designed to help small businesses.… Read at AP News