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Federal lawmakers are making a bipartisan push to bail out the auto industry as the coronavirus crisis causes car sales to plummet, a new report says. Midwestern representatives are circulating a letter to convince their colleagues to throw auto manufacturers and suppliers a financial lifeline in a future relief package, The Washington Post reported Wednesday. …
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Uber said Wednesday it will shed nearly 15 percent of its workforce as the coronavirus pandemic ravages its business. The cuts will see the struggling ride-hail giant lay off 3,700 of its nearly 27,000 employees and will cost the company $20 million in severance and other related termination benefits. The cuts will mainly hit its …
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The coronavirus crisis is reportedly forcing US airlines to burn through more than $10 billion in cash each month as demand for travel evaporates. Industry group Airlines for America plans to detail the pandemic’s staggering cost at a Wednesday US Senate hearing on the state of the beleaguered aviation sector, Reuters reported. “The US airline …
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The idea that the worldwide lockdown of virtually every country other than Sweden may have been an enormous mistake strikes many — including world leaders; most scientists, especially health officials, doctors and epidemiologists; those who work in major news media; opinion writers in those media; and the hundreds of millions, if not billions, of people …
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The United Kingdom government scientist who advised Prime Minister Boris Johnson to put Britain on lockdown over the coronavirus outbreak has resigned following news that he violated his own social-distancing guidelines to meet his mistress. Professor Neil Ferguson, 51, had his married mistress over at his house just after he had spent two weeks in quarantine …
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Dr. Anthony Fauci, the head of the National Institute for Allergy and Infectious Diseases, dismissed the theory that the coronavirus escaped from a lab in Wuhan, China in an interview published Tuesday. “If you look at the evolution of the virus in bats and what’s out there now, [the scientific evidence] is very, very strongly …
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The Trump administration on Tuesday revealed it is considering a capital gains tax cut as well as other tax-cut proposals as part of a future coronavirus relief bill. President Trump and his allies are also pushing for liability protection for businesses affected by the coronavirus pandemic. “Well run States should not be bailing out poorly …
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Broadway actor Nick Cordero, who has been battling the coronavirus since March, had a “rocky night” Monday, his wife Amanda Kloots said. In an Instagram story on Tuesday, Kloots, 38, said that her husband’s oxygen level dropped and doctors were called to help clear away some of the infection in the actor’s lungs. “Hey everybody, …
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When audiences finally return to Broadway, it appears frontline workers will be first in line for tickets. Popular ticket site TodayTix has unveiled an initiative to provide first responders to the COVID-19 pandemic with free tickets to Broadway shows once theaters reopen, according to Variety. The initiative, called Save a Seat Fund, launched Tuesday when CEO …
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Americans stuck at home staring at fading furniture and wondering what to cook for dinner have been a boon for television networks like HGTV and the Food Network. The Food Network’s overall ratings in April were up 25 percent over the same month last year, while HGTV was up 22 percent, the Nielsen company said. …