Finance

Liberals to detail preview of federal deficit, spending affected by COVID-19

3 minutes ago   |   National Post

OTTAWA - The federal Liberals are to lay out today how they see the COVID-19 pandemic affecting government finances for the fiscal year including an estimated deficit and a...
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AMC shares surge after WSJ report that the company is working on deal to avoid bankruptcy

7 hours ago   |   CNBC

AMC has been battered by the coronavirus, and the Wall Street Journal is reporting that the company is working on a financing deal to keep from going bankrupt.
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Congress wary on future aid as well-connected businesses rake in millions

Congress wary on future aid as well-connected businesses rake in millions

9 hours ago   |   Politico

The revelation that well-heeled businesses and nonprofits benefited from emergency small business loans is making it more likely that Congress will impose new limits on aid in...
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Morneau facing pressure to unwind massive COVID-19 support programs ahead of fiscal update

9 hours ago   |   National Post

OTTAWA - Finance Minister Bill Morneau is facing calls to begin unwinding key COVID-19 support programs in his fiscal update on Wednesday, as businesses warn that unrestrained...
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India's Budget Blowout May See RBI Resort to Direct Financing

10 hours ago   |   Bloomberg

India's government is running out of options to fund its budget and may soon have to knock on the central bank's door once again for support.
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Rose Reisinger, who managed her husband's home improvement business and family, dies

10 hours ago   |   Baltimore Sun

Rose Reisinger, who managed finances for her husband's home improvement company and spoiled her grandchildren, has died. She was 101.
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Kanye West? Tim McGraw? Girl Scouts? All got PPP loans

10 hours ago   |   Boston Herald

By CHRISTOPHER RUGABER WASHINGTON - The government's small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs...
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Seattle passes payroll tax targeting Amazon and other big businesses

17 hours ago   |   CNBC

The JumpStart Tax is a blow to Amazon, which fought the passage of a so-called "head tax" in 2018 via a well-financed referendum campaign alongside other Seattle businesses.
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Billionaire-backed private members' club Soho House received almost $22 million in coronavirus PPP loans

Billionaire-backed private members' club Soho House received almost $22 million in coronavirus PPP loans

18 hours ago   |   Business Insider

A billionaire-backed exclusive members' club, Soho House, received almost $22 million through the US government's coronavirus loan scheme for small businesses, new data...
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The Finance 202: PPP data dump to fuel debate as lawmakers craft next coronavirus stimulus

19 hours ago   |   The Washington Post

Businesses tied to the political elite got the small business loans.
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Mary Kay Letourneau, the teacher who wou plead guilty in the 90s to raping...

Mary Kay Letourneau, the teacher who wou plead guilty in the 90s to raping her underage student, dies

Mary Kay Letourneau, the teacher made famous for sexually assaulting her sixth-grade student, whom she later married, has died following a battle with cancer. Read more ...

Two people charged with a hate crime for vandalizing a Black Lives Matter mural

Two people charged with a hate crime for vandalizing a Black Lives Matter mural

A White man and a White woman who allegedly painted over a California community's Black Lives Matter mural this weekend are each facing a hate crime charge for the act. Read more ...

President Trump says he will pressure states to reopen schools in fall

President Trump says he will pressure states to reopen schools in fall

"We're very much gong to put pressure on governors and everybody else to open the schools,” President Donald Trump said. Read more ...

Personal protective equipment for medical workers begins to run low again as...

Personal protective equipment for medical workers begins to run low again as COVID-19 cases surge

PPE that was in dangerously short supply during the early weeks of the coronavirus crisis in the U.S. is running low again as the virus resumes its rapid spread and the number... Read more ...

Chief Justice Roberts was hospitalized after head injury

Chief Justice Roberts was hospitalized after head injury

Chief Justice John Roberts fell last month while walking, received stitches to close a wound on his head and spent the night in the hospital, a Supreme Court spokeswoman said... Read more ...

EPA approves two Lysol products as the first to effectively kill coronavirus...

EPA approves two Lysol products as the first to effectively kill coronavirus on surfaces

The news comes one month after a CDC survey found that people said they were cleaning more frequently because of the pandemic, but only about half said that they really knew... Read more ...

Mary Kay Letourneau, the teacher who wou plead guilty in the 90s to raping...

Mary Kay Letourneau, the teacher who wou plead guilty in the 90s to raping her underage student, dies

Mary Kay Letourneau, the teacher made famous for sexually assaulting her sixth-grade student, whom she later married, has died following a battle with cancer. Read more ...

Brazilian President Jair Bolsonaro tests positive for coronavirus

Brazilian President Jair Bolsonaro tests positive for coronavirus

Brazil is second only to the United States in numbers of coronavirus infections and deaths. Read more ...

White House informs Congress that the US is withdrawing from World Health...

White House informs Congress that the US is withdrawing from World Health Organization

President Trump initially announced his intention to withdraw from WHO in May. Read more ...

Kennedy defeats Norcross-backed Harrison in New Jersey's 2nd District House race

Kennedy defeats Norcross-backed Harrison in New Jersey's 2nd District House race

Amy Kennedy, a former school teacher and member of one of the nation's most famous political dynasties, defeated political science professor Brigid Harrison on Tuesday to win... Read more ...