Tag Archives: Main Street Lending Program

Financial Daily Dose 7.9.2020 | Top Story: United Airlines Warns of Layoffs Affecting 40% of Its Workforce This Fall

BY: Michael D. Reif | July 9, 2020

United Airlines is preparing to furlough as many as 36,000 workers—“nearly 40 percent of its global work force”—if the travel industry remains weak as summer turns into fall. The October 1 cuts would coincide with the end of the government’s $25 billion stimulus program for passenger airlines, which “came with restrictions against substantial staffing cuts … Continue reading

Financial Daily Dose 5.8.2020 | Top Story: U.S. and China to Resume Trade Talks

BY: Michael D. Reif | May 8, 2020

Deep breaths, people. It’s Jobs Report Friday – NYTimes and WSJ and Bloomberg and MarketWatch and Marketplace Still, as weekly unemployment claims show a slowing pace, stocks found enough good news to rally on Thursday, with the Nasdaq up enough to erase all of its 2020 losses. The Dow and S&P500 are still down roughly … Continue reading