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Federal Reserve Will Extend Its Emergency Programs: Live Updates


Airlines are trying all sorts of things — from leaving middle seats empty, to requiring everyone to wear masks, to health checks at terminals — to instill confidence in passengers who may be leery of air travel amid the global pandemic.


“The Board’s lending facilities have provided a critical backstop, stabilizing and substantially improving market functioning and enhancing the flow of credit to households, businesses, and state and local governments,” the Fed said in its statement.


Twitter on Tuesday put limits on the account of Donald Trump Jr. after he shared a viral video containing false medical claims about the effectiveness of hydroxychloroquine as a treatment for the coronavirus, violating the company’s Covid-19 misinformation policies .


Omnicom Group , one of the world’s largest marketing conglomerates, made “very difficult and permanent” changes during the pandemic as companies slashed advertising spending and events were canceled, its chief executive, John Wren, said Tuesday.


If Nissan’s projections for the fiscal year prove accurate, the 2020 annual loss would be the largest for the company since it was pulled from the edge of bankruptcy by its former chief executive and chairman, Carlos Ghosn, nearly two decades ago.


Senate Republicans and the White House on Monday threw their support behind a substantial cut in jobless aid for tens of millions of Americans laid off amid the pandemic, proposing a weekly reduction of $400 to a benefit that has cushioned the nation’s economy even as coronavirus cases continue to rise across the country.




READ MORE (The New York Times)


  • Remington, America's oldest gunmaker, files for bankruptcy as firearms sales soarWashington Post
  • Remington blames falling gun sales for return to bankruptcyLos Angeles Times
  • Gunmaker Remington files for bankruptcy for second time in two yearsThe Hill
  • Nissan Expects a Record $4.5 Billion Loss: Live Business UpdatesThe New York Times
  • Remington Arms, a major Upstate NY employer, files for bankruptcy protection againsyracuse.com
  • Gun maker Remington files for bankruptcy for the second timeCNBC
  • Remington seeks bankruptcy for 2nd time in as many yearsMSN Money
  • Gunmaker Remington goes bankrupt for second time in two yearsCBS News
  • Gun maker Remington files for Chapter 11 bankruptcy protection — againCBC.ca


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Federal Reserve Will Extend Its Emergency Programs: Live Updates

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