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Dozens of publicly traded companies — including some with checkered pasts — took $300 million in government-backed loans meant to protect small businesses during the coronavirus crisis, a new report says. At least 75 public firms got low-interest loans through the Paycheck Protection Program, the Trump administration’s $349 billion small-business aid package that ran out …
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President Trump on Monday said he plans to issue and executive order suspending immigration to the U.S. over concerns about the coronavirus outbreak. “In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will be signing an Executive Order to temporarily …
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Magnolia Network, Discovery’s joint venture with “Fixer Upper” stars Chip and Joanna Gaines, has delayed its launch, originally slated for Oct.4, due to production shutdowns caused by the coronavirus pandemic. The network, which will take over Discovery’s DIY Network after a rebrand, also has unveiled its inaugural slate of original series. It includes eight new …
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Huawei’s explosive growth has nearly come to a halt as the coronavirus crisis and a confrontation between the US and the Chinese Communist Party weighs on the Chinese tech giant. Huawei’s revenue climbed just 1.4 percent to 182.2 billion yuan (about $25.7 billion) in the first quarter, the company said Tuesday — a meager increase …
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George Stephanopoulos on Tuesday said he has been “cleared” of COVID-19 after testing positive for antibodies last week, adding that he plans to donate his blood plasma. “Good news for me and my family. Last week I tested positive for Covid antibodies, confirming I cleared the virus after weeks without symptoms,” the 59-year-old co-host of …
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Coca-Cola’s sales volumes have plunged 25 percent this month as the coronavirus crisis sucks up commercial demand for soft drinks, the company said Tuesday. Almost all of that global decline has come from places such as restaurants, bars and movie theaters, which have been closed across the world to contain the bug, the beverage maker …
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Over a week after he was reportedly spotted out and about in the Hamptons, coronavirus-stricken CNN anchor Chris Cuomo has released a video of his “official re-entry” from his quarantine. “All right, here it is … the official re-entry from the basement, cleared by the CDC,” the 49-year-old says in the roughly one-minute video shot …
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Oil prices plunged below $3 a barrel on Monday, hitting a record low as the coronavirus pandemic continues to slash demand globally and cause storage issues. The U.S. marker, West Texas Intermediate crude dropped 83 percent to $2.96 per barrel, spurred by traders abandoning the May contract that expires on Tuesday. The price is the lowest …
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The European bureau chief of China’s state-run publication China Daily has called President Trump a “racist a**hole” for claiming China “must have the most” deaths from the global coronavirus pandemic. “We don’t have the most-in-the-world deaths — the most in the world has to be China,” Trump said during Friday’s White House Coronavirus Task Force …
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Representative Alexandria Ocasio-Cortez (D., N.Y.) tweeted “you absolutely love to see it,” as the U.S. oil market reached negative territory for the first time ever, potentially putting hundreds of American oil companies out of business. “This along with record low interest rates means it’s the right time for a worker-led, mass investment in green infrastructure …
Dozens of publicly traded companies — including some with checkered pasts — took $300 million in government-backed loans meant to protect small businesses during the coronavirus crisis, a new report says. At least 75 public firms got low-interest loans through the Paycheck Protection Program, the Trump administration’s $349 billion small-business aid package that ran out …
