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Bank of America chief Brian Moynihan has spent a decade preparing his megabank for the next financial crisis, but he still wasn’t fully prepared for the coronavirus pandemic. On a Tuesday morning call with reporters discussing first-quarter results, the chief executive said his $2.3 trillion bank is ready to weather the unprecedented COVID-19 outbreak, but …
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Major airlines and the Treasury Department have reached terms for a $25 billion coronavirus bailout to prevent layoffs after a severe plunge in demand. The funds, approved last month by Congress as part of a more than $2 trillion stimulus bill, will be distributed to companies that agree not to furlough workers before Oct. 1. …
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A man watches footage of a news report on North Korea firing an unidentified projectile, in Seoul, South Korea, March 9, 2020. South Korea said its northern neighbor launched cruise missiles and conducted training exercises with fighter jets on Tuesday — North Korea’s first use of cruise missiles since June 2017 and a significant military …
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They couldn’t look Moore alike. Days after delighting their Instagram followers by posing in matching pajamas, Demi Moore and daughters Rumer, Tallulah and Scout — who are currently self-quarantining at home with the actress’ ex-husband Bruce Willis — are back at it again. The “Inside Out” author, 57, shared a shot of her family in …
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The ultimate lesson of James J. Hill and his Great Northern Railroad is that the “winners” government picks today are the “losers” of tomorrow. A famous saying, especially prescient in times like this, is “those who do not learn from history are doomed to repeat it.” Last month, Congress mortgaged the nation’s future in a …
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The third installment of “Some Good News” on YouTube found host John Krasinski paying special tribute Sunday to health-care heroes around the US by getting them free cellphone service — and, for some Boston hospital workers, Red Sox tickets for life. Krasinski brought on Red Sox slugger David “Big Papi” Ortiz to greet five COVID …
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CHICAGO, April 12 — Smithfield Foods, the world’s biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees and warned the country was moving “perilously close to the edge” in supplies for grocers. Slaughterhouse shutdowns are disrupting the U.S. food supply chain, crimping …
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CBS Sports has let go of its No. 2 NFL game analyst, Dan Fouts, The Post has learned. CBS is now targeting Fox’s second NFL analyst, Charles Davis, according to sources, as a potential replacement. Fox is trying to retain Davis. CBS has also eyed its own analyst Trent Green as a potential replacement for …
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Bruce Willis is isolating with his ex, Demi Moore, and their daughters during the coronavirus pandemic — rather than with his wife, Emma Heming Willis and their brood. But Emma has been leaving comments on Instagram posts of Willis, Moore and their kids in matching pajamas. “[L]ove and miss you guys,” she wrote in reaction …
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Hapless trolls learned the hard way not to trash the multi-Oscar-winning movie “Parasite” with their complaints about it being a Korean language film with subtitles. The streaming service Hulu, which made “Parasite” available to stream on Wednesday, crafted the perfect clapback to critics who slammed the darkly comic tale of class conflict, directed by Bong …
Bank of America chief Brian Moynihan has spent a decade preparing his megabank for the next financial crisis, but he still wasn’t fully prepared for the coronavirus pandemic. On a Tuesday morning call with reporters discussing first-quarter results, the chief executive said his $2.3 trillion bank is ready to weather the unprecedented COVID-19 outbreak, but …
