The $484 billion legislation would increase funding for the Paycheck Protection Program by $310 billion, boost a separate small business emergency grant and loan program, and direct billions to hospitals and a new coronavirus testing program.
The federal rescue measure was designed for companies with fewer than 500 workers, but Small Business Administration guidelines allow some bituminous coal mining firms with up to 1,500 employees to qualify for the loans.
The company admitted that poor safety practices, such as not keeping food at proper temperatures to prevent pathogen growth, sickened more than 1,100 customers nationally from 2015 to 2018.
Officials on both sides said the goal was still to pass the agreement at a 4 p.m. Senate session on Tuesday, although it was not certain whether that could be achieved.
The department said Monday that death numbers would begin increasing because it would begin reporting presumptive positive deaths in its totals.
About 91% of Indiana restaurant operators said they have had to either furlough or lay off workers since the COVID-19 outbreak began, with at least 15% anticipating they’ll have to take additional action in the next 30 days.
One month after the pandemic forced the cancellation of the lucrative NCAA men’s basketball tournament, officials at athletic departments and college sports conferences across the country remain puzzled by one question: Why wasn’t the NCAA better prepared for this?
Organizers concluded there was “no clear path to safely set a new date in 2020” because of the coronavirus pandemic.
Governors in the Midwest are hoping to keep large meatpacking plants operating amid coronavirus outbreaks that have sickened hundreds of workers and threaten to disrupt the nation’s supply of pork and beef.
Boeing and at least one other U.S. heavy-equipment manufacturer resumed production and some states rolled out aggressive reopening plans Monday, despite nationwide concerns there is not enough testing yet to keep the coronavirus from rebounding.
Gov. Eric Holcomb said Monday the state would re-evaluate whether to allow hospitals and surgery centers to resume services at 11:59 p.m. Sunday if they have sufficient protective equipment for treating COVID-19 patients.
Investors expect Monday’s volatility to stay in place in coming days as Wall Street heads into the thick of the earnings season.
The emerging agreement, nearly double President Donald Trump’s request to replenish the small business program, adds funds for hospitals and COVID-19 testing.
Despite OPEC’s unprecedented output deal agreed a week ago, the oil market remains massively oversupplied as the lockdowns to fight the spread of the coronavirus reduce global crude demand by about a third.
The upscale, 247-room Conrad suspended operations on Saturday in what management called a temporary measure “that is reflective of the current business environment.”
The department said 47.5% of the state’s intensive care unit beds were still available. About 23% are being used by COVID-19 patients.
Patrick William Kennedy was the fourth-generation president of three family-owned companies, an avid runner and an active participant in motorsports activities.
Offering less variety on their menus helps restaurants get by with fewer workers in the kitchen and makes replenishing food inventory simpler and cheaper.
The company was able to get extra funding late last week through an “equity transaction” and decided to “immediately return” the $10 million paycheck protection loan it obtained through the CARES Act.
A review of regulatory filings shows that restaurant chains and companies in industries ranging from mining to manufacturing to cruise travel received large amounts.
