Business groups from badly affected industries applauded provisions of the coronavirus relief package for approximately $ 1 trillion Republicans in the Senate, released Monday. The GOP plan would expand eligibility for the Paycheck Protection Program (PPP) to nonprofit or quasi-governmental tourism marketing organizations, which the travel industry lobby group has …
Read More »Dow drops nearly 200 points after China retaliates by ordering Chengdu consulate closed
TOPLINE The market ended lower on Friday as high-tech stocks lagged, and stocks were hit as well after China retaliated for the closure of its consulate in Houston earlier this week by ordering States United that you close your consulate in Chengdu. Relations between the United States and China hit …
Read More »CARES law enforcement officers question Treasury about national security loan to trucking company
The congressional coronavirus response oversight panel questioned Monday why the Treasury Department loaned $ 700 million to a cash-strapped shipping company in an effort to protect national security. In a report released Monday, the Congressional Oversight Commission tasked with monitoring trillions of dollars in emergency aid said it would further …
Read More »Mnuchin: most affected companies should be able to get a second PPP payment
treasury secretary Steven MnuchinSteven Terner MnuchinOn The Money: Enhanced unemployment insurance likely to expire during COVID-19 aid talks | Trump says he will not issue national mask mandate | Mnuchin: Most affected companies should be able to get a second PPP payment The travel industry demands specific relief amid a …
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