$500M Aid for Small Businesses
2020-12-06 00:07:12 UTC
SACRAMENTO, Calif. (AP) — California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday.
The tax measures include a three-month automatic extension of the income tax payment d...
US Lawmakers Close to A Coronavirus Stimulus Deal
2020-12-04 19:51:13 UTC
WASHINGTON (AP) — House Speaker Nancy Pelosi gave an optimistic assessment of the prospects for a mid-sized COVID-19 relief bill and a separate $1.4 trillion governmentwide spending bill on Friday, teeing up expectations for a successful burst of legislative action to reverse months of frustratio...
What To Do Immediately After A Car Accident
2020-12-06 20:11:47 UTC
Car accidents, even just fender benders, are an unfortunate fact of life. Even though fewer cars are on the road during the pandemic—16% fewer according to Zendrive, a smartphone-based driving analytics app provider—drivers might be more distracted. Phone use while driving was up 38% after lockdo...
Filing an Auto Insurance Claim
2021-01-28 00:37:28 UTC
Even the most cautious and experienced drivers can find themselves shaken up on the side of the road, assessing damage after an accident. So if you ever have to file an auto insurance claim, it’s useful to understand how the process works.
Before you submit a claim, it’s good to know informati...
Car Insurance with OnStar Vehicle Data
2020-12-02 00:34:36 UTC
<h2>Find the best cheap car insurance</h2>
Nov 18 (Reuters) - General Motors Co on Wednesday launched an auto insurance program with the help of its OnStar subsidiary, joining a growing field of companies hoping to cash in on the vast amounts of data generated by increasingly automated and con...
Moderna Pushes US/EU Regulators to Allow Emergency Use of COVID-19 Vaccine
2020-12-01 00:31:56 UTC
Moderna Inc. said it would ask U.S. and European regulators Monday to allow emergency use of its COVID-19 vaccine as new study results confirm the shots offer strong protection — ramping up the race to begin limited vaccinations as the coronavirus rampage worsens.
Multiple vaccine candidates m...
Von der Leyen: EU Is Ready For a No-Deal Brexit If Necessary
2020-11-28 00:44:04 UTC
BRUSSELS/LONDON (Reuters) - The European Union and Britain said on Friday there were still substantial differences over a Brexit trade deal as the EU chief negotiator prepared to travel to London in a last-ditch attempt to avoid a tumultuous finale to the five-year Brexit crisis.
With just fiv...
Palm Oil: Consuming Sweat and Blood
2020-09-25 02:21:38 UTC
PENINSULAR MALAYSIA (AP) — Jum’s words tumble out over the phone, his voice growing ever more frantic.
Between sobs, he says he’s trapped on a Malaysian plantation run by government-owned Felda, one of the world’s largest palm oil companies. His boss confiscated and then lost his Indonesian pa...
Collapse of Stimulus Talks: A Last-Ditch Effort by Democrats Ended in Disappointment
2020-08-07 22:06:25 UTC
WASHINGTON (AP) — A last-ditch effort by Democrats to revive collapsing Capitol Hill talks on vital COVID-19 rescue money ended in disappointment on Friday, making it increasingly likely that Washington gridlock will mean more hardship for millions of people who are losing enhanced jobless benefi...
Biden Slams Trump/GOP, Demands to Fix Unemployment Benefits
2020-08-12 22:25:37 UTC
WASHINGTON — Democratic presidential candidate Joe Biden on Saturday slammed Trump and Senate Majority Leader Mitch McConnell for letting the Senate go home for the weekend without a deal to extend the unemployment benefits or protect renters facing eviction.
“Because Donald Trump is abdicati...
GOP Senators Struggle with $600 Weekly Unemployment Boost
2020-07-23 02:04:36 UTC
WASHINGTON (AP) — Senate Republicans and the White House reached tentative agreement late Wednesday for more testing funds in the next COVID-19 relief package, but deep disagreements over the scope of the $1 trillion in federal aid have forced a shift in strategy.
Facing a GOP revolt, Senate M...
Tesla Quarterly Revenue Fell to $6.04 Billion
2020-07-22 23:42:19 UTC
(Reuters) - Tesla Inc on Wednesday beat analysts’ estimates for second-quarter revenue, helped by better-than-expected vehicle deliveries despite disruptions caused by the coronavirus crisis.
Revenue fell to $6.04 billion from $6.35 billion a year earlier. Analysts had expected revenue of $5.3...
Corruption in Washington: Federal Coronavirus Aid Was Awarded to Major Donors to Trump
2020-07-07 21:30:37 UTC
WASHINGTON (AP) — As much as $273 million in federal coronavirus aid was awarded to more than 100 companies that are owned or operated by major donors to President Donald Trump’s election efforts, according to an Associated Press analysis of federal data.
Many were among the first to be approv...
Germany, Australia, Brazil: Google to Pay Media Groups for Content
2020-07-03 03:03:29 UTC
BRUSSELS (Reuters) - Alphabet’s Google on Thursday took a step towards resolving its spat with publishers, saying it would pay some media groups in Australia, Brazil and Germany for high-quality content and expects to do more deals, but others were sceptical.
The U.S. internet giant has for y...
More Than A Century Old Hertz Filed For Bankruptcy
2020-05-23 16:59:28 UTC
<p>NEW YORK (Reuters) - The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much needed relief.</p><p>Hertz’s board earli...
COVID-19 Triggered 15% Unemployment in US
2020-05-08 17:55:16 UTC
<p>WASHINGTON (AP) — The U.S. unemployment rate rocketed to 14.7% in April, a level last seen during the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record — stark evidence of how the coronavirus has brought the economy to its knees.</p><p>The breathta...
A New Coronavirus Vaccine Works in Monkeys
2020-05-06 21:33:19 UTC
REUTERS — In macaque monkeys, an experimental vaccine for the novel coronavirus safely induced antibodies that blocked several different SARS-CoV-2 strains, Chinese researchers reported on Wednesday in the journal Science. The researchers say tests of their vaccine candidate, "PiCoVacc," in human...
US-UK Trade Talks at Risk With No-Deal Brexit
2020-05-05 01:13:57 UTC
WASHINGTON (Reuters) - The top U.S. business lobby on Monday urged Britain to conclude a bilateral trade deal with the European Union as quickly as possible to remove uncertainty that is limiting investment flows and could pose risks to its trade talks with the United States.
The Chamber of C...
EU: Germany's Financial Aid Can Be Locomotive for Europe
2020-05-04 19:30:26 UTC
BRUSSELS (Reuters) — Germany’s extensive bailouts of coronavirus-hit companies can work as a locomotive for Europe, the EU’s competition chief said on Monday amid criticism from other, less wealthy EU countries about what they see as an unfair edge given to German firms.
To date, a whopping 52...
UK's Small Business Loans Begin Today
2020-05-03 23:56:19 UTC
LONDON (Reuters) - A government-backed loan scheme to help Britain’s small businesses survive the coronavirus lockdown comes into effect on Monday, allowing firms such as hairdressing salons, coffee shops and florists to receive emergency cash.
Finance minister Rishi Sunak, who previously opp...
COVID-19: Germany Pushes Green Deal to Cut EU Net Emissions to Zero
2020-04-28 18:33:38 UTC
BERLIN (Reuters) - Governments should focus on climate protection when considering fiscal stimulus packages to support an economic recovery from the coronavirus pandemic, German Chancellor Angela Merkel said on Tuesday.
Her comments are the clearest sign yet that Merkel wants to combine the ta...
Impasse: No Progress in Brexit Talks
2020-04-28 13:22:21 UTC
BRUSSELS (Reuters) - Negotiations between the European Union (EU) and ex-member Britain over new trade arrangements from next year are at an impasse due to disagreements and the coronavirus crisis, according to diplomats and officials in the bloc’s hub Brussels.
Halted when the epidemic starte...
European Carmakers Reopening Plants as COVID-19 Lockdown Eases
2020-04-27 18:58:17 UTC
FRANKFURT (Reuters) - German carmaking giant Volkswagen resumed production at its biggest factory on Monday as part of a broader industry drive to get back to work in Europe, where the coronavirus pandemic has hammered demand and pushed up inventory levels.
Encouraged by a fall in infection ra...
COVID-19: U.S. Expects Flood of Business Bankruptcies
2020-04-27 01:48:54 UTC
NEW YORK (AP) — The billions of dollars in coronavirus relief targeted at small businesses may not prevent many of them from ending up in bankruptcy court.
Business filings under Chapter 11 of the federal bankruptcy law rose sharply in March, and attorneys who work with struggling companies ar...
Irish PM: Charging Google, Facebook for Media Content Is 'A Good Idea'
2020-04-26 07:11:05 UTC
DUBLIN (Reuters) - The Irish government should consider copying Australia’s plan to force Facebook Inc (FB.O) and Alphabet Inc’s (GOOGL.O) Google to share advertising revenue with local media, Prime Minister Leo Varadkar said on Friday.
Companies like Google, Facebook and Twitter “are sort of ...