In this holiday season, shoppers are not thinking of glossy and gift oriented celebrations. Instead, many are preparing for smaller gatherings, relying on spending and directing their dollars towards retailers with similar values during the coronavirus epidemic, according to a new survey by Accenture. The vast majority of those surveyed …
Read More »Chamath Palihapitiya speeds up airlines again, demanding more money from customers and small businesses
Chamath Palihapitiya Olivia Michael | CNBC If the government allows more stimulus funding, they should look at individual customers and small businesses, venture capitalist Chamath Palihapatia said on Wednesday. The CEO of Social Capital gave a detailed account of his remarks to CNBC earlier this year in which he said …
Read More »Pelosi, Munuchin failed to reach a deal on the relief bill
House Speaker Nancy Pelosi and Treasury Secretary Steven Manuchin failed to strike at the coronavirus stimulus deal during a more than 90-minute meeting on Wednesday. The California Democrats said in a statement that the pair would continue discussions as they try to create an elusive fifth relief package that could …
Read More »UK Prime Minister Boris John urges Britain to follow rules to avoid lockdown
British Prime Minister Boris Johnson will depart for PMQ on September 30, 2020 at 10 Downing Street at the House of Commons in London, England. Alberto Pazali | LightPhoto by Getty Images LONDON – UK Prime Minister Boris John on Wednesday called on Britain to abide by rules to avoid …
Read More »Munuchin is optimistic about the aid deal with Pelosi
Treasury Secretary Steven Munuchin said he would talk to House Speaker Nancy Pelosi about coronavirus stimulation again on Wednesday and was “optimistic” about the prospects for a deal. “I say we will make a more serious effort to get it done and I think we hope we can do something,” …
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