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October 30
1984 - NTSB revises probable cause of 1982 "Twilight Zone" deaths after director John Landis appeals [story]
John Landis


U.S. Treasury Secretary Steve Mnuchin announced plans Tuesday to conduct a full audit of the largest recipients of emergency small business loans through a COVID-19 relief program.

Established to quell financial hardships brought on by the COVID-19 pandemic, forgivable loans provided through the $660 billion Paycheck Protection Program are meant to aid small businesses with 500 employees or less.

In the past month, however, many big companies have reportedly tapped into the funds. Among them are Wall Street-backed firms, fast food chains and the Los Angeles Lakers basketball team.

After hearing intense public criticism, including from Mnuchin on Tuesday, the Lakers opted to return the roughly $4.6 million it received.

In an interview with CNBC’s Squawk Box, Mnuchin said the government will begin auditing any company that takes out more than $2 million from the program.

“I’m going to be putting out an announcement later this morning that for any loan over $2 million, the Small Business Administration will be doing a full review of that loan before there is loan forgiveness,” Mnuchin said Tuesday.

During a press conference with President Donald Trump on Tuesday afternoon, Mnuchin said about 60 million Americans have benefited from the nearly $1 trillion in relief funds prescribed by Congress to invest in small businesses.

“That’s over $650 billion in the [Paycheck Protection Program], that’s over $300 billion in disaster loans and that’s over $20 billion of grants,” he said.

Mnuchin said media reports of companies receiving large amounts in loans from the federal government through the program also would be examined. The companies taking more than $2 million will undergo “a full review for forgiveness before they’re repaid,” he said.

He also said the Treasury Department was almost finished sending direct economic impact payments to about 120 million Americans, and those who haven’t received their payment yet should visit the IRS website to check on the status.

“We made some corrections to the website over the weekend, please go on and check your payment if you haven’t received your payment, upload your information so we can get you the money,” he said. “The combination of the direct payments, the [Payment Protection Program], the disaster loans and enhanced unemployment insurance is the investment that the president has made in American business and American workers.”

On March 27, President Donald Trump signed into law the $2.2 trillion Coronavirus Aid, Relief and Economic Securities, or CARES, Act to help business and individuals weather the economic difficulties brought on by Covid-19.

The law included the Paycheck Protection Program, which opened to borrowers on April 3. The program last week ran out of the $350 billion it originally received and lawmakers approved another $310 billion to replenish it last week.

To help keep mom-and-pop shops afloat, the loans will be entirely forgiven as long as the funds are spent by the businesses on expenses such as payroll, mortgage interest and rent.

— By Erika Williams and Jack Rodgers, CNS

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SCV NewsBreak
LOCAL NEWS HEADLINES
Thursday, Oct 29, 2020
Thursday COVID-19 Roundup: 74th SCV Death; Local Cases Total 7,267
The Los Angeles County Department of Public Health confirmed Thursday 19 new deaths, including the 74th death in the Santa Clarita Valley and 1,745 new cases of COVID-19, including 7,267 total cases in the Santa Clarita Valley.
Thursday, Oct 29, 2020
Nov. 10: Public Hearing to Consider Property Transfer to Family Promise
The city of Santa Clarita will be holding a public hearing at the Tuesday, Nov. 10, City Council meeting to consider the transfer of 32,230 square feet of vacant land, at no cost, to Family Promise of Santa Clarita Valley (FPofSCV).
Thursday, Oct 29, 2020
Suspect in Canyon Country Shooting Still at Large
A gunshot victim survived his injuries and the suspect remained at large Thursday following a shooting near a liquor store in Canyon Country Wednesday night.
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Latest Additions to SCVNews.com
1984 - NTSB revises probable cause of 1982 "Twilight Zone" deaths after director John Landis appeals [story]
John Landis
The Los Angeles County Department of Public Health confirmed Thursday 19 new deaths, including the 74th death in the Santa Clarita Valley and 1,745 new cases of COVID-19, including 7,267 total cases in the Santa Clarita Valley.
Thursday COVID-19 Roundup: 74th SCV Death; Local Cases Total 7,267
The city of Santa Clarita will be holding a public hearing at the Tuesday, Nov. 10, City Council meeting to consider the transfer of 32,230 square feet of vacant land, at no cost, to Family Promise of Santa Clarita Valley (FPofSCV).
Nov. 10: Public Hearing to Consider Property Transfer to Family Promise
Are you ready to save the day and bring outlaws to justice in a virtual escape room? Are you and your family ready to test your knowledge on Tacos & Trivia Night?
City Announces November Virtual Events
The College of the Canyons Art Gallery will present a public artist talk with Brooke Sauer to accompany her solo virtual exhibition “Out in the Blue” Monday, Nov. 9, at 2:30 p.m.
Nov. 9: COC Art Gallery Hosting Public Artist Talk with Brooke Sauer
The Santa Clarita Artists Association held its 31st Annual Art Classic virtually on Oct. 17, 2020.
SCAA Releases Art Classic 2020 Winners List
A gunshot victim survived his injuries and the suspect remained at large Thursday following a shooting near a liquor store in Canyon Country Wednesday night.
Suspect in Canyon Country Shooting Still at Large
Join the Santa Clarita Valley Groundwater Sustainability Agency (SCV-GSA) on Wednesday, Nov. 4, at 4:00 p.m., to learn about and to provide input on plans to sustain our water supply.
Nov. 4: SCV Groundwater Sustainability Plan Online Workshop
The California State University Board of Trustees has appointed Erika D. Beck, Ph.D., to serve as president of California State University, Northridge. Beck currently serves as president of California State University Channel Islands.
CSUN Appoints Erika D. Beck as Next President
LASD Urges Community to Plan for Safer Halloween, Día de los Muertos Alternatives
LASD Urges Community to Plan for Safer Halloween, Día de los Muertos Alternatives
SACRAMENTO – Californians age 70 and older with a noncommercial driver’s license are now eligible to renew online or by mail, eliminating the need to visit a California Department of Motor Vehicles office.
Seniors Can Now Renew Driver’s Licenses Online
1932 - Highway 99 completed through Weldon Canyon, bypassing Ridge Route [story]
Hwy 99
The Los Angeles County Department of Public Health on Wednesday confirmed 20 new deaths and 1,351 new positive cases of COVID-19 in the past 24 hours, with 18 new cases reported in the Santa Clarita Valley.
Wednesday COVID-19 Roundup: L.A. County Cases Near 1,200 Per Day, 18 New SCV Cases
Los Angeles Dodgers third baseman Justin Turner was "wrong" to have returned to the field at Globe Life Field in Arlington, Texas, to celebrate the team's Game 6 World Series victory over the Tampa Bay Rays Tuesday night -- after he had tested positive for COVID-19.
MLB: Turner ‘Wrong’ to Take the Field After Positive COVID-19 Tests
The Santa Clarita Valley Water Agency has filed a lawsuit against 3M Company, Chemours, DuPont and several other companies for their roles in introducing toxic chemicals into the local water supply.
SCV Water Sues PFAS Makers Over Toxic Chemicals in Local Water
Saugus High School teacher Jim Klipfel, one of five California Teachers of the Year for 2021, has also been chosen to represent the state in the National Teacher of the Year competition in the spring.
California Names 2021 Teachers of the Year; Saugus High’s Klipfel to Nationals
Washington, Oregon and Nevada have joined California’s COVID-19 vaccine Scientific Safety Review Workgroup, which will independently review the safety and efficacy of any COVID-19 vaccine approved by the FDA for distribution.
Western States Join California’s COVID-19 Vaccine Safety Review
The Santa Clarita Public Library will celebrate Native American Heritage Month with a variety of activities all November long.
Celebrate Native American Heritage Month with Santa Clarita Library
The Los Angeles Dodgers won Game 6 of the 2020 World Series, besting Tampa Bay 3-1 at Globe Life Field in Arlington, Texas, Tuesday night.
Dodgers Win 2020 World Series; Stadium Team Stores to Open Thursday
The Santa Clarita City Council celebrated the opening Tuesday for its newest “transit-friendly” facility at Vista Canyon in Canyon Country, alongside officials from Metrolink and Metro, or the Los Angeles County Metropolitan Transportation Authority.
City Council Holds Ribbon-Cutting for New Vista Canyon Structure, Metrolink Station
The Sulphur Springs Union School District governing board is set to discuss the reopening plan for the California State Preschool Programs during their virtual meeting Wednesday night.
Sulphur Springs to Discuss Preschool Reopening
Dr. Sharon Langenbeck, a longtime member of Zonta Club of Santa Clarita Valley, was installed as Zonta International President for the 2020-22 biennium on July 17, 2020.
SCV’s Sharon Langenbeck Installed as Zonta International President
1949 - Fatal crash of light plane in Haskell Canyon sparks 3,500-acre brush fire [story]
news report
The city of Santa Clarita celebrated not one but two milestones Tuesday at the Vista Canyon development.
City Celebrates New Vista Canyon Development with Groundbreaking, Ribbon-Cutting
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