Government aid for industry

President Donald Trump speaks during a news briefing at the White House, Thursday, July 2, 2020, in Washington, as White House chief economic adviser Larry Kudlow, left, and Treasury Secretary Steven Mnuchin, look on. (AP Photo/Evan Vucci)
July 04, 2020 - 10:25 am
WASHINGTON (AP) — President Donald Trump on Saturday signed into law a temporary extension of a subsidy program for small businesses battered by the coronavirus, The legislation extends the June 30 deadline for applying for the program to Aug. 8. Lawmakers created the program in March and have...
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Air France workers gather during a protest in front of the company headquarters in Tremblay-en-France, outside Paris Friday, July 3, 2020. Air France is meeting with personnel representatives Friday to discuss thousands of job cuts after the virus pandemic grounded most flights and darkened prospects for future air travel. (AP Photo/Christophe Ena)
July 03, 2020 - 2:30 pm
PARIS (AP) — Air France and regional subsidiary Hop announced 7,500 job cuts Friday after the virus pandemic grounded most flights and darkened prospects for future air travel. Activists from multiple unions protested at Air France headquarters at Paris’ Charles de Gaulle Airport as talks began...
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Residents wearing masks to curb the spread of the coronavirus past by a Huawei shop in Beijing on Friday, June 5, 2020. China on Wednesday demanded Washington stop "oppressing Chinese companies" after U.S. regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats. (AP Photo/Ng Han Guan)
July 01, 2020 - 5:45 am
BEIJING (AP) — China on Wednesday demanded Washington stop “oppressing Chinese companies” after U.S. regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats. The Federal Communications Commission on Tuesday blocked the Chinese vendors from receiving subsidies...
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June 30, 2020 - 9:23 pm
WASHINGTON (AP) — Democrats drove a temporary extension of a popular subsidy program for small businesses through the GOP-controlled Senate late Tuesday, an unexpected development that came as spikes in coronavirus cases in many states are causing renewed shutdowns of bars and other businesses. The...
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June 26, 2020 - 3:05 am
THE HAGUE, Netherlands (AP) — The Dutch government announced Friday that it will throw national carrier KLM a 3.4 billion-euro ($3.81 billion) lifeline to help the airline survive the aviation slump caused by the coronavirus pandemic. Finance Minister Wopke Hoekstra said the support package is made...
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The setting sun illuminates the tail fin of a Lufthansa aircraft at the airport in Frankfurt, Germany, Tuesday, June 23, 2020. The German airline Lufthansa will hold its annual shareholders meeting on Thursday. (AP Photo/Michael Probst)
June 25, 2020 - 2:27 am
BERLIN (AP) — Germany's Lufthansa is seeking shareholders' support at an extraordinary general meeting Thursday for a 9 billion-euro ($10.2 billion) rescue package that would see a government stabilization fund take a 20% stake., The company, which also owns other airlines including Austrian...
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Part of a car caravan of postal employees has a sign on it asking Congress to approve emergency funding for the Postal Service, Tuesday, June 23, 2020, on Capitol Hill in Washington. The U.S. Postal Service’s famous motto — “Neither snow nor rain nor heat nor gloom of night stays these couriers” — is being tested like never before, by challenges that go well beyond the weather. Its finances have been devastated by the coronavirus. (AP Photo/Jacquelyn Martin)
Associated Press
June 25, 2020 - 12:42 am
WASHINGTON (AP) — The U.S. Postal Service's famous motto — "Neither snow nor rain nor heat nor gloom of night stays these couriers” — is being tested like never before, by challenges that go well beyond the weather. Its finances have been devastated by the coronavirus. The Trump administration may...
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FILE - In this June 23, 2020, file photo orange barriers enclose chairs and tables that will be used for dining along Sixth Street between Liberty and Penn avenues in downtown Pittsburgh. A report by Moody’s Analytics, a private sector economic research firm, released Wednesday, June 24, is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. (AP Photo/Gene J. Puskar, File)
June 24, 2020 - 3:56 pm
WASHINGTON (AP) — A new private sector report is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. But Wednesday’s report by Moody’s Analytics, a private...
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FILE - In this May 20, 2020, file photo, signs that read "No Job No Rent" hang from the windows of an apartment building during the coronavirus pandemic in Northwest Washington. The pandemic has shut housing courts and prompted authorities around the U.S. to initiate policies protecting renters from eviction. But not everyone is covered, and some landlords are turning to threats and harassment to force tenants out. (AP Photo/Andrew Harnik, File)
AP News
June 14, 2020 - 4:22 pm
BALTIMORE (AP) — Jeremy Rooks works the evening shift at a Georgia fast-food restaurant these days to avoid being on the street past dusk. He needs somewhere to go at night: He and his wife are homeless after the extended-stay motel where they had lived since Thanksgiving evicted them in April when...
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FILE - In this June 18, 2019 file photo, an Airbus A330 performs a demonstration flight at Paris Air Show, in Le Bourget, north east of Paris. France's government has announced 15 billion euros ($16.9 billion) in aid for the virus-battered aerospace industry, including plane maker Airbus and national airline Air France. (AP Photo/ Francois Mori, File)
June 09, 2020 - 7:43 am
PARIS (AP) — France’s government is pumping 15 billion euros ($16.9 billion) in rescue money into the pandemic-battered aerospace industry, in hopes of saving its hundreds of thousands of jobs and keeping plane maker Airbus and national airline Air France globally competitive. In exchange for aid,...
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