Nov 20 McConnell proposes shifting unspent small business funds to COVID-19 aid By Associated Press Senate Majority Leader Mitch McConnell is proposing that Congress funnel $455 billion of unspent small business lending funds toward a new COVID-19 aid package. Continue reading
Nov 20 France postpones 'Black Friday' to help locked-down shops By Associated Press The deal struck Friday to postpone “Black Friday” comes amid broad concerns that French shops shuttered by the nation’s coronavirus lockdown are hemorrhaging business. Continue reading
Nov 20 Trump makes late-term bid to lower prescription drug costs By Marilynn Marchione, AP Chief Medical Writer Trying to close out major unfinished business, the Trump administration issued regulations Friday that could lower the prices Americans pay for many prescription drugs. Continue reading
Nov 19 Mnuchin rejects renewal of some Federal Reserve emergency loan programs By Martin Crutsinger, Christopher Rugaber, Associated Press The central bank said it "would prefer that the full suite of emergency facilities established during the coronavirus pandemic continue to serve their important role as a backstop for our still-strained and vulnerable economy. Continue reading
Nov 19 Pfizer to seek emergency coronavirus vaccine approval By Associated Press Pharmaceutical companies Pfizer and BioNTech will seek emergency government approval for their coronavirus vaccine, as the U.S. aims to begin administering doses by the end of the year. Continue reading
Nov 19 Watch 8:06 For older workers, pandemic unemployment could be career-ending By Paul Solman The worsening pandemic continues to mean millions of Americans out of work. For older employees in particular, this kind of long-term unemployment can represent the end of a career -- especially when they may be facing age discrimination and bias. Continue watching
Nov 19 California imposes overnight curfew to stem coronavirus By Don Thompson, Associated Press California Gov. Gavin Newsom is imposing an overnight curfew as the most populous state tries to head off a surge in coronavirus cases. Continue reading
Nov 19 U.S. jobless claims increase to 742,000 as pandemic worsens By Christopher Rugaber, Associated Press The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs. Continue reading
Nov 18 After nearly 2 years, FAA clears Boeing 737 Max to fly again By Tom Krisher, David Koenig, Associated Press Regulators around the world grounded the Max in March 2019, after the crash of an Ethiopian Airlines jet. That happened less than five months after another Max flown by Indonesia's Lion Air plunged into the Java Sea. Continue reading
Nov 17 Toilet paper limits, empty shelves are back as virus surges By Joseph Pisani, Anne D'Innocenzio, Associated Press A surge of new coronavirus cases in the U.S. is sending people back to stores to stockpile again, leaving shelves bare and forcing retailers to put limits on purchases. Continue reading