Month: March 2020

Talks between Democrats and Republicans for a massive funding package to combat the impact of coronavirus have stalled, as lawmakers spar over issues like worker protections and funding for states battling the crisis. “From my standpoint, we’re apart,” House Speaker Pelosi, D-Calif., told reporters earlier Sunday. A Senate procedural vote on the bill originally scheduled for
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An Airbus A380-800 passenger plane of the Emirates Airlines at Moscow’s Domodedovo Airport. Mikhail Tereshchenko | TASS | Getty Images DUBAI, United Arab Emirates — Dubai-based Emirates Airline will suspend all passenger flights by March 25 due to the coronavirus crisis, it announced Sunday. The temporary suspension comes amid mounting national lockdowns, border closures and
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Billionaire entrepreneur Mark Cuban told CNBC on Wednesday that companies that get federal assistance in response to the coronavirus crisis should be prevented from buying back stock ever again.  “No buybacks. Not now. Not a year from now. Not 20 years from now. Not ever,” Cuban said on “Squawk Box.” “Because effectively you’re spending taxpayer money to buyback
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PeopleImages Coronavirus scams are emerging, and many look remarkably similar to frauds from the 2008 financial crisis. Government agencies like the Federal Trade Commission and Federal Deposit Insurance Corp. issued warnings this week for Americans to be vigilant as con artists attempt to steal from consumers spooked by an onslaught of bad news related to
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Robert Herjavec, cybersecurity entrepreneur and “Shark Tank” investor, told CNBC on Friday that his directive to small businesses is to do whatever it takes to survive the coronavirus crisis. Herjavec argued he would take hedge fund manager Bill Ackman’s “hell is coming” warning on Wednesday to the next level, saying that “hell is here.” The Herjavec
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