Herman Cain, the godfather pizza mogul who twice ran for president and was briefly considered a potential candidate for the Federal Reserve Board under President Donald Trump, was hospitalized Wednesday and is being treated for the coronavirus. Cain, 74, was told Monday that he had tested positive for the disease, …
Read More »House Approves Extension of Coronavirus Small Business Loan Deadline
Speaker of the House of Representatives Nancy Pelosi, Democrat of California, leads a press conference at the Capitol Visitor Center on Thursday, June 18, 2020. Tom Williams | CQ-Roll Call, Inc via Getty Images The House passed a bill Wednesday to extend the deadline to apply for forgivable help for …
Read More »‘We have dark clouds on the horizon’
The coronavirus outbreak in the US is getting worse and could threaten New York’s recovery after tight blockades across the state helped suppress the fast-spreading infection, New York Governor Andrew Cuomo said Wednesday. . “We have to be careful. We have dark clouds on the horizon and we have made …
Read More »“There’s no point” excluding Chinese companies from US stock markets, says PIIE
Flags of the USA and China along Pennsylvania Avenue in Washington, DC on January 17, 2011. Andrew Harrer | Bloomberg | fake pictures The exclusion of Chinese companies from the US stock exchanges is “a futile push” that will not deny these companies access to US capital markets or harm …
Read More »JetBlue and the pilots union reach an agreement to avoid permits until May 2021
The JetBlue aircraft flies over New York City as a tribute to health workers and first responders, as seen from Weehawken in New Jersey on May 7, 2020. Kena Betancur | AFP | fake pictures JetBlue Airways and the union representing the airline’s pilots reached an agreement that avoids involuntary …
Read More »