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Politico.com

McConnell eyes next coronavirus package after July recess

Politico
Politico.com – For more and to sign up click here In a letter sent Monday to McConnell, Senate Minority Leader Chuck Schumer (D-N.Y.) and Speaker Nancy Pelosi (D-Calif.) accused Republicans of being “missing in action” when it comes to coronavirus. In recent weeks, both the House and Senate focused their......
In the News

This Is How Military Food Rations Look For Different Armies (14 Pics)

IA
No battle was ever won on an empty stomach. According to historians, one Roman legion had to consume 120 sheep a day for their meat ration, crusaders would recharge on dry meat and grain, while Napoleon’s soldiers spent most of their time desperately hungry. But fast forward to the modern......
BBC USA

EU leaders disagree on virus rescue package

BBC
Image copyright EPA Image caption A protesting Nissan worker in Barcelona: “We demand a real future” EU leaders have failed to agree on a €750bn (£676bn; $840bn) recovery fund for the coronavirus crisis, but Germany called the talks “constructive”. Chancellor Angela Merkel said “the bridges we still have to build......
CBS US News

GOP Senate leader says next coronavirus relief package expected in July

CBS News
CBS News – For more and to sign up click here Washington — The next relief package aimed at responding to the coronavirus pandemic likely won’t be passed by the Senate until at least mid-July, Senator John Thune, the second highest-ranking Republican in the upper chamber, said Monday. Thune, of South......
Reuters - Business

Hong Kong spearheads $5 billion Cathay Pacific rescue package

Reuters
SYDNEY/HONG KONG (Reuters) – Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways (0293.HK), which like other airlines has been hit by a global travel slump triggered by the coronavirus pandemic. The government’s involvement in the recapitalisation follows the double blows of Hong Kong’s political unrest and......
Reuters - Business

Hong Kong government to lead $5 billion rescue package for Cathay Pacific

Reuters
SYDNEY (Reuters) – Cathay Pacific Airways Ltd (0293.HK) revealed on Tuesday the Hong Kong government will lead a recapitalisation plan worth HK$39 billion ($5 billion) to help it through the coronavirus pandemic, the latest public rescue for a troubled airline. Governments around the world have been bailing out airlines amid......
Sports Illustrated - MMA

Adam Cole Vows to Show He’s the ‘Total Package’ at TakeOver

Sports Illustrated
SI – For more and to sign up click here Justin Barrasso Adam Cole has spent the past 372 days as NXT Champion, a run that has solidified his place on a list as one of wrestling’s most complete in-ring performers. Cole defends his NXT title tonight against Velveteen Dream......
CNBC Business

Amazon’s TV package about warehouse safety puts an old practice back in the spotlight

CNBC
CNBC – For more and to sign up click here Courier Newsroom’s YouTube video on TV stations running an Amazon video news release. YouTube For A&W’s 100th anniversary last summer, the burger chain disseminated a B-roll video of old commercials and footage of black and white signs, along with a......
CNBC Business

Europe is about to announce a new coronavirus stimulus package and it could move markets

CNBC
CNBC – For more and to sign up click here President of the European Commission Ursula von der Leyen talks to media in the Berlaymont, the EU Commission headquarters. Thierry Monasse The European Commission will unveil Wednesday a new coronavirus-related stimulus package and expectations are that it could boost markets......
CNBC Business

Singapore plans $23.2 billion fourth stimulus package to support coronavirus-hit economy

CNBC
CNBC – For more and to sign up click here A man wearing a face mask walks past a mural in Chinatown in Singapore on April 1, 2020. Roslan Rahman | AFP | Getty Images Singapore’s government on Tuesday announced another 33 billion Singapore dollars ($23.2 billion) to support its......
CNBC Business

Lufthansa and German government agree $9.8 billion rescue package

CNBC
CNBC – For more and to sign up click here Ralph Orlowski | Bloomberg | Getty Images The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout. The airline has been in talks......
Reuters - Business

Lufthansa says Germany approves stabilization package

Reuters
FILE PHOTO: A Lufthansa Airbus A320-200 plane is seen on the tarmac at the Lyon-Saint-Exupery airport in Colombier-Saugnieu near Lyon, France, March 14, 2019. REUTERS/Emmanuel Foudrot/File Photo FRANKFURT (Reuters) – Germany’s new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa (LHAG.DE), Germany’s......
Reuters - Business

Germany’s Scholz: Lufthansa rescue package should yield ‘small profit’ for state

Reuters
German Finance Minister Olaf Scholz addresses the media during a news conference in Berlin, Germany May 14, 2020. Michael Sohn/Pool via REUTERS BERLIN (Reuters) – Germany’s rescue package for flagship carrier Lufthansa (LHAG.DE) is a “very, very good solution” that is taking into account the needs of both the company......
Reuters - Business

Lufthansa, German government agree on $9.8 billion rescue package: sources

Reuters
FRANKFURT/BERLIN (Reuters) – The German government and the management of flagship carrier Lufthansa (LHAG.DE), which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout, two people close to the matter said. FILE PHOTO: Aircraft of the German carrier......
Politico.com

Pelosi wrangles wary Dems ahead of vote on $3 trillion relief package

Politico
Politico.com – For more and to sign up click here As late as Thursday night, Pelosi was working to soothe discontent within her caucus after fielding complaints from multiple members about pension provisions in the bill during a private caucus call. Pelosi has also had to tamp down unrest from......
New York Times - World

Modi Announces $260 Billion Coronavirus Rescue Package for India

New York Times
New York Times – For more and to sign up click here NEW DELHI — In a televised address Tuesday night, India’s prime minister, Narendra Modi, announced an economic rescue package of more than $260 billion for a nation that, although relatively successful in controlling coronavirus infections, has been left......
Politico.com

McConnell brushes off Pelosi as she finalizes relief package

Politico
Politico.com – For more and to sign up click here House Democrats are “moving really fast and big and bold. And Leader McConnell hasn’t done anything,” Schumer said Monday. “The American people will be very much behind the kind of big, bold solution that the House is proposing.” The last......
Politico.com

Pelosi to lay down multitrillion-dollar marker with new coronavirus package

Politico
Politico.com – For more and to sign up click here “We will put our bill on the floor, that I can defend, that my people say they need. That’s why I’m supporting any and all measures that protect paychecks,” Horsford said in an interview. “I don’t care if they’re progressive......
New York Times - Politics

Trump Eyes New Tax Cuts for Next Stimulus Package

New York Times
WASHINGTON — The Trump administration is considering a wide range of tax-cut proposals for businesses and investors in the next coronavirus response bill as it tries to shift from government spending programs to support the economy toward measures that aim to reinvigorate growth. The list of ideas under discussion includes......

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