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The Trump administration is stepping up an effort to reduce dependence on Chinese manufacturing following the Wuhan coronavirus pandemic, including possible new incentives for companies to shift supply chains, such as tax benefits and subsidies. “We’ve been working on [reducing the reliance of our supply chains in China] over the last few years but we …
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President Donald Trump stated that he is “very confident” the U.S. will discover a coronavirus vaccine in the next seven months, following news that his administration has organized a “Manhattan Program-esque” project to fast-track development. “We are very confident that we’re going to have a vaccine at the end of the year, by the end …
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China hid the scope of the country’s coronavirus outbreak as well as information on how contagious the illness is in order to have time to stock up on medical supplies, according to an intelligence report from the Department of Homeland Security. The Chinese government “intentionally concealed the severity” of the outbreak in January and neglected …
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The money continues to flow for celeb-backed subscription water company Flow Alkaline Spring Water. The Toronto-based water brand has secured $45 million in new funding, including from rapper Post Malone, as it looks to ramp up its delivery service to meet surging demand as a result of the coronavirus pandemic, The Post has learned. “With …
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A Texas-based hotel empire begrudgingly pledged to return coronavirus aid for small businesses after the feds threatened to go after big companies that kept the money. The Ashford Group of Companies slammed the Trump administration for shifting the rules of its $659 billion Paycheck Protection Program — as it announced plans to repay the loans …
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Nick Cordero is continuing to make progress in his long battle against coronavirus. On Sunday, wife Amanda Kloots, 38, told fans the hospitalized Broadway star is “doing okay,” days after he underwent a tracheostomy procedure to help remove him from a ventilator. “I just wanted to give you a quick little Nick update,” Kloots said …
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Britney Spears‘ conservatorship has been extended through to August while Los Angeles courts remain closed amid the coronavirus pandemic. According to court documents obtained by Page Six, Jodi Pais Montgomery will remain as Spears’ temporary conservator until Aug. 22. An “order to show cause” hearing for this case is scheduled to take place on Aug. …
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Julianne Moore wants to say thank you to coronavirus first responders. The “Still Alice” actress, 59, posed for Instagram Sunday in a T-shirt printed with a scrubs- and mask-clad “Super Nurse,” the graphic for which was created by stencil artist FAKE. “A big thank you to all Responders who have been risking their lives for …
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Iconic American clothing retailer J.Crew on Monday became the first nationwide retailer to file for bankruptcy as the coronavirus crisis ravages the retail industry. The New York-based company — whose clothes were famously touted by Michelle Obama — is among several major retailers that have suffered while the pandemic forces stores closed and shut shoppers …
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Country singer Cady Groves has died just weeks after complaining about mental health fears during the coronavirus lockdown, her family has revealed. She was just 30. “@cadygroves has left this world,” her brother, Cody, tweeted on Sunday, breaking the news to fans of the “This Little Girl” star. “Details are limited right now but family is …