Every business has been affected by the pandemic in some way. The truck parts and service aftermarket weighs in on what is happening in their businesses. ...
(Bloomberg) -- Airlines receiving $100 million or less in payroll assistance from the U.S. government won’t need to provide a financial stake in exchange, the Treasury Department said as it began sending offers to the beleaguered carriers.“This determination will provide significant support to workers and businesses across the country, while also appropriately compensating taxpayers,” Treasury Secretary Steven Mnuchin said in a statement on Friday evening.The agency said it had received 230 applications for aid from passenger carriers. It is working with 12 that would get more than $100 million and is discussing what sort of financial instruments it will require in return.Democrats in Congress have complained about the requirement, saying it was intended for recipients of loans -- not the payroll grants that are intended to keep workers employed.The decision by the Treasury is a victory for many small and niche airlines. Because few of them are publicly traded or have...
Truck drivers have now been exempted from an order requiring adults entering the state of Utah to fill out an online form about their potential exposure to the novel coronavirus that causes the COVID-19 illness. ...