German Chancellor Angela Merkel wears a protective face mask as she leaves after speaking to the media for her annual summer press conference during the coronavirus epidemic in Berlin, Germany on August 28, 2020. Anadolu Agency | Anadolu Agency | Getty Images Chancellor Angela Merkel has vowed to avoid another …
Read More »With Treasury Department, Delta, Southwest releasing money, airlines could increase coronavirus loans
An underground crew member flew from American Airlines planes parked at the gate on April 5, 2020, at the Ronald Reagan National Airport in Washington, D.C., at the time of the outbreak of coronavirus disease (COVD-19). Joshua Roberts | Reuters The Treasury Department said Tuesday that the airline could get …
Read More »Disney to lay off 28,000 employees as coronavirus slam theme park business
Prolonged closures at Disney’s California-based theme park and limited presence in its open parks have forced the company to lay off 28,000 employees in its parks, experiences and consumer products department. In a letter sent to employees on Tuesday, Disney’s head of parks, Josh D’Amaro, described the company as taking …
Read More »Spotify CEO Tesla backs rival Northworth in a 600 600 million round of funding
Draw Anger / Getty Images LONDON – Spotify founder and chief executive Daniel AK has invested in Swedish battery firm Northwolt, which is building a giga factory in the Lapland region of Sweden. Stockholm-headquartered Northwelt announced on Tuesday that it has raised equity funds from institutional investors such as Swedish …
Read More »Democrats’ new stimulus bill includes updated plan for 200,200 checks
The big question about whether Congress will pass another coronavirus stimulus bill is, will they? From jobs to savings to retirement plans, the coronavirus epidemic has decimated the financial lives of many Americans. Millions of Americans facing severe economic hardship are hoping for more relief, including extended federal unemployment benefits …
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