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May 23, 2022

recovery

Lebanon recovery plan includes central bank debt write-off, haircuts to depositors

Reuters
Lebanese President Michel Aoun heads a final cabinet meeting before the government enters a caretaker status at the presidential palace in Baabda, Lebanon May 20, 2022. Dalati Nohra/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register May 20 (Reuters) – Lebanon’s government foresees cancelling “a large part”......

HOPE Sheds Light to host Cultivating Calm Conference

@BreaknNews
Cultivating Calm in the Storm of Family Addiction is a family wellness conference organized by families for families.   Cultivating Calm Conference wil be held on June 11 TOMS RIVER, N.J. – May 17, 2022 – — HOPE Sheds Light, a family-focused, non-profit organization, will host Cultivating Calm in the Storm......

Dollar rally pauses, rivals seek tentative recovery

Reuters
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee Register now for FREE unlimited access to Reuters.com Register LONDON, May 17 (Reuters) – The dollar eased for a third straight day on Tuesday as......

Ryanair cautious about ‘fragile’ recovery, berates Boeing

Reuters
Ryanair aircraft are seen at at dawn at Dublin airport Dublin, Ireland March 20, 2018. REUTERS/Clodagh Kilcoyne Register now for FREE unlimited access to Reuters.com Register Ryanair cuts FY loss to 355 million euros Low cost carrier says caution needed heading into winter O’Leary: Boeing management should step up or......

Pennsylvania US Senate candidate Fetterman suffers stroke but says he’s ‘well on my way to a full recovery’

CNN
USA TODAY – For more and to sign up click here Fetterman is at the Penn Medicine Lancaster General Hospital in Lancaster, Pennsylvania, according to a statement, which noted he first went to the hospital Friday. Pennsylvania’s primary is on Tuesday, and polls show Fetterman, Pennsylvania lieutenant governor, holding a......

Norwegian Air posts Q1 loss, flags fuel cost impact on recovery

Reuters
Norwegian Air Sweden Boeing 737-800 plane SE-RRJ approaches Riga International Airport in Riga, Latvia January 17, 2020. REUTERS/Ints Kalnins Register now for FREE unlimited access to Reuters.com Register OSLO, May 13 (Reuters) – Norwegian Air (NAS.OL) posted a loss for the first quarter on Friday and said the surge in......

ECB member pushes for quick move to raise rates, says Russia-Ukraine war could derail recovery

CNBC
CNBC – For more and to sign up click here The European Central Bank should move quickly to raise interest rates in order to tackle soaring inflation, according to Finland’s central bank chief. His comments come as the U.S. Federal Reserve and the Bank of England’s tightening cycle intensifies pressure......

Uber continues its recovery from the pandemic lull but loses $5.6 billion from investments.

New York Times
Uber on Wednesday reported strong growth in its ride-hailing and delivery businesses and said it was continuing to bounce back from a pandemic slump, even as it lost $5.6 billion because of its investments in other ride-sharing companies, primarily the Chinese service Didi. The company reported $6.9 billion in revenue......

Uber continues its recovery from the pandemic lull but loses $5.6 billion from investments.

New York Times
Uber on Wednesday reported strong growth in its ride-hailing and delivery businesses and said it was continuing to bounce back from a pandemic slump, even as it lost $5.6 billion because of its investments in other ride-sharing companies, primarily the Chinese service Didi. The company reported $6.9 billion in revenue......

Supreme Court Bans Recovery for Emotional Harm in Discrimination Suits

New York Times
WASHINGTON — Dividing 6 to 3 along ideological lines, the Supreme Court ruled on Thursday that victims of discrimination that is forbidden by four federal statutes may not sue if the only harm was emotional distress. The case concerned Jane Cummings, a Texas woman who is deaf and communicates primarily......

Lebanon banking group rejects latest draft of financial recovery plan

Reuters
BEIRUT, April 23 (Reuters) – The Association of Banks in Lebanon said on Saturday it “completely rejects” the government’s latest draft of a financial recovery plan meant to pull the country out of an economic meltdown. In a statement shared with Reuters, the ABL called the plan “disastrous” and said......

HOPE Sheds Light presents 100 in 30 campaign to achieve its vision for the future

@BreaknNews
The NJ-based nonprofit is calling on 100 individuals, organizations and businesses to join the Circle of HOPE over the next 30 days.   HOPE Sheds Light presents 100 in 30 campaign. TOMS RIVER, N.J. – April 5, 2022 – — The catalyst for its inception was tragedy. The vision for its......

Oxford Community Schools adding several positions as part of recovery plan

Detriot News
Detroit News – For more and to sign up click here The Oxford school district will create a three-year recovery plan and hire a recovery coordinator to address student mental health needs in the wake of last year’s mass school shooting, its superintendent announced this week. Ken Weaver, who was promoted to superintendent on......

Jobless claims fall to lowest level since 1969 as economic recovery continues

USA TODAY – For more and to sign up click here Zachary Halaschak The number of new applications for unemployment benefits fell by 28,000 last week to 187,000 after a better-than-expected February jobs report. Weekly jobless claims are seen as a proxy for layoffs and have been watched closely in......

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