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The company declined to identify the two videos removed.

This week, Facebook and Twitter took down videos posted by Mr. Bolsonaro in which he called the anti-malaria prescription drug hydroxychloroquine a “cure everywhere” and encouraged the end of social distancing in Brazil. President Trump has also touted the drug in social media posts, saying it showed “tremendous promise,” but the tech companies said this did not violate their policies because there was not a clear call to action that would cause the public harm.

Small businesses could be approved for loans in one day.

The Treasury Department detailed a new loan program on Tuesday that is intended to help small businesses hit by the coronavirus pandemic apply — and receive approval — for loans in one day.

The program, which received $349 billion in funds through the economic relief package signed into law last week, is being run through the Small Business Administration with oversight from the Treasury. It is intended to help millions of businesses keep their workers on the payroll and cover some additional expenses as much of the economy is shuttered.

From Friday, business owners will be able to seek the loans at participating lenders, banks, or credit unions. The loans will be forgiven if the employers do not lay off their workers. There are also no collateral requirements or S.B.A. fees associated with these loans, and any repayments can be deferred for up to six months.

To try and ensure lenders don’t just seek out bigger loans, the program will pay higher fees to banks that make smaller loans. Lenders will be paid a 5 percent fee for loans $350,000 and under. Loans greater than $350,000 to $2 million will qualify for a 3 percent fee and those for more than $2 million will generate a 1 percent fee.

The maximum loan amount is $10 million. The loans are available to businesses with fewer than 500 employees.

“Speed is the operative word; applications for the emergency capital can begin as early as this week, with lenders using their own systems and processes to make these loans,” said Jovita Carranza, the S.B.A. administrator.

Article source: https://www.nytimes.com/2020/03/31/business/coronavirus-stock-market-updates.html