Tag: calls

McConnell says Senate GOP will vote on targeted relief, but Trump calls for big stimulus plan

  • Senate Majority Leader Mitch McConnell said Senate Republicans would vote on “targeted relief” with a focus on small business aid later this month.
  • “Our first order of business will be voting again on targeted relief for American workers, including new funding for the PPP,” McConnell said in a statement.
  • The statement carried few specifics and it was unclear whether the proposal would contain federal unemployment benefits or $1,200 direct payments for taxpayers.
  • Trump is increasing his calls for another large stimulus package ahead of the election, and it may put the president and Senate Republicans on a collision course.
  • Visit Business Insider’s homepage for more stories.

Majority Leader Mitch McConnell announced on Tuesday the Senate will vote on a “targeted relief” plan for people with an emphasis on small business aid shortly after they reconvene later this month. But that may put Senate Republicans on a collision course with President

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White House calls for Congress to release unused small business loans

Oct. 11 (UPI) — Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows on Sunday sent a letter to Congress calling for the release of unused Paycheck Protection Program funds amid ongoing talks on an additional round of COVID-19 stimulus.

Mnuchin and Meadows urged lawmakers to release the $134 billion in loans provided to small businesses to maintain operations and retain employees included in the $2 trillion CARES Act passed in March, while also criticizing Congress — particularly House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer — for their “all-or-nothing” approach to negotiating additional stimulus.

“The House has passed two separate partisan bills instead of compromising with us on bipartisan legislation like we have done in the past,” they wrote. “We will continue to try to work with Speaker Pelosi and Senator Schumer. It is not just about the top-line number but also about legislation

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BOJ’s Kuroda Calls for More Digitalisation, Reform in Asia | Investing News

TOKYO (Reuters) – Asia must accelerate digitalisation and business reform to tackle challenges to achieve sustainable growth, Bank of Japan Governor Haruhiko Kuroda said on Wednesday, highlighting vulnerabilities in supply chains and social infrastructure.

Kuroda said Asia’s economic conditions remain severe as a full-fledged recovery in global growth following the COVID-19 pandemic appears to be “much further down the road”.

But the downturn in Asia’s economy has been moderate compared with other regions due partly to solid global demand for IT-related goods produced in the region, he said.

“From a longer-term perspective, Asia must address its challenges in order to achieve sustainable economic growth” such as its low service-sector productivity and ageing populations, Kuroda said. Digitalisation is among key factors in this, he added.

“Japan is one of the most rapidly ageing societies and we have been discussing how to tackle the problems arising from an ageing society,” Kuroda said.

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Junior Business Minister calls for three-week closure of off-licences

JUNIOR Business Minister Robert Troy has told a private Fianna Fáil meeting that off-licences should be closed for three weeks amid concerns over the spread of Covid-19.

His proposal goes further than Government plans to significantly reduced their opening hours in a bid to clamp down on house parties and large social gatherings.

The issue was discussed at Fianna Fáil’s parliamentary party meeting this evening.

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Sources said that Longford-Westmeath TD Mr Troy said off-licences should be closed outright for three weeks.

Dara Calleary did not go as far but said there needs to be a curtailment of discounting and special offers on alcohol in supermarkets.

The Mayo TD is said to have pointed out that it’s hard for small businesses to close while supermarkets engage in the practice.

Major Irish hotel closes temporarily after members of staff test positive for Covid-19

Dublin South-West’s John Lahart

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MDU Resources Teen of the Week: Future Business Leader calls tennis court home | Local news for Bismarck-Mandan, North Dakota

She said her dad, who is the Bismarck-Mandan Tennis Association president, got her into the sport. She enjoys shadowing him and helping when she can.

Additionally, Allan is a part of student council, Spanish club and National Honor Society. She also works at Scheels and Harvest Catering and Events.

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Mandan High School counselor Alyssa Caya said Allan is a capable student who can maintain good grades with a rigorous course load while also being active in her school.

“Elizabeth finds great joy in helping others,” Caya wrote in a letter of recommendation. “She is an excellent role model at Mandan High School.”

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Allan in the past two years has taken six advanced placement and dual credit courses and has a cumulative GPA of 4.0. Her favorite class was AP U.S. history.

“Education is important to me because it helps me

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Trump rejects Dems’ coronavirus relief proposal, calls off negotiations ‘until after the election’

President Trump on Tuesday broke off negotiations with Democrats on another coronavirus relief deal until after the Nov. 3 election, rejecting the party’s latest $2.2 trillion proposal.

“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business,” Trump tweeted, one day after returning to the White House from Walter Reed National Military Medical Center, where he was being treated for COVID-19.

If the White House follows through and pauses negotiations, it would put at risk potentially trillions of dollars in aid for families, businesses and the U.S. economy, including a fresh round of $1,200 stimulus checks, extra unemployment aid for millions of out-of-work Americans, funding for coronavirus testing and contact

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Small Business Survivors: Owner of Laser Bounce Family Fun Center in Queens calls on Cuomo to reopen attractions

More and more businesses have been given the green light to reopen by Gov. Andrew Cuomo as part of the state’s COVID-19 phased reopening plans — but some exceptions include the attractions industry.

Ryan D’Amico, the vice president, owner and general manager of Laser Bounce Family Fun Center in Glendale and Levittown, believes Cuomo has delayed the reopening of the attractions industry for “far too long and to the detriment” of the state.

“Family entertainment centers, water parks, amusement parks — the overall attractions industry — in New York has been forgotten,” D’Amico wrote in an op-ed. “We employ thousands of people and contribute to our communities. Our employees are ready to work. Our guests are ready to return. And we are ready to work with the state to present our plans

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Labour calls for urgent action to ‘rebuild business’ in wake of Covid-19 crisis

The clock is running down for millions of people on the job furlough scheme as businesses face “going to the wall”, Labour has said.

hadow chancellor Anneliese Dodds called on the Government to act urgently to rebuild business in the wake of the coronavirus crisis.

With the work furlough scheme set to finish at the end of October, Ms Dodds used a keynote speech to Labour’s online conference to attack the stance of Chancellor Rishi Sunak.

Ms Dodds said: “Just as the Chancellor has allowed the clock to run down on the four million people on furlough, he’s doing exactly the same for the millions of businesses that have needed a helping hand to survive these last few months.

“From March next year repayments will start for the loan schemes set up to help businesses through the crisis.

“But, on the current trend, our economy won’t be anything like back

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Owners of Coney Island amusement park calls for relief after state denies reopening proposal

The owners of Coney Island’s amusement park say they are “extremely in danger” after COVID-19 restrictions prevented them from opening all summer, and are calling on the government to grant them emergency relief. 

Any sort of assistance — such as a lease extension, rent forgiveness, loan, or tax abatement — would significantly lighten the business’ financial burden, owners said, adding that the state hasn’t responded to their proposals or demands since June.  

“The fact that to this date — we are now in the middle of September — we have never received not one piece of communication, one precise feedback about why we are not open, that is really crushing,” said Alessando Zamperla, the owner of Luna Park, at a Sept. 15 press conference. “The financial situation of our company is extremely

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Disruptive Global Pandemic Calls for Business Innovations in the Asia-Pacific Energy and Environment Industry, 2020

NEW YORK, Sept. 15, 2020 /PRNewswire/ — Coronavirus 2019 (COVID-19) has brought in new opportunities and business ideas in the midst of economic disruption. The entire value chain in energy and environment industries is affected and it is almost certain that most industry players will register a decline in growth rates in 2020.

Read the full report: https://www.reportlinker.com/p05967981/?utm_source=PRN

However, some immediate and mid- to long-term opportunities are present, and it is imperative that companies take ownership to thread through such trying times with the available opportunities. The need for various innovative and redefined digital platforms and new business models will be more important in the next 1 to 2 years.Immediate impacts to the energy and environment industries are:
• Overall sluggish growth in 2020
• Local suppliers to benefit due to travel lockdowns
• Post-pandemic to call for safety measures in buildings
• Waste management will prevail due to

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