Government subsidies

July 16, 2020 - 12:43 pm
DALLAS (AP) — Federal agents have seized more than 20 vehicles and the money from 10 bank accounts belonging to a married couple of U.S. Army veterans in Texas, saying the pair used personal information stolen from soldiers to defraud the military out of as much as $11 million. Army investigators...
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FILE- In this Tuesday, Feb. 25, 2020 file photo, robots work on an electric car ID.3 body at the assembly line during a press tour at the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany. The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up despite a deeply painful recession, mainly thanks to the action of governments. (AP Photo/Jens Meyer, file)
July 15, 2020 - 6:47 am
FRANKFURT, Germany (AP) — The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up better than the overall market amid a deeply painful recession, mainly thanks to the action of...
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FILE - In this Wednesday, March 11, 2020 file photo, Britain's Chancellor of the Exchequer Rishi Sunak stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London. British Treasury chief Rishi Sunak on Wednesday is set to announce a 2 billion pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. (AP Photo/Kirsty Wigglesworth, File)
July 08, 2020 - 3:54 am
LONDON (AP) — British Treasury chief Rishi Sunak on Wednesday is set to announce a 2-billion-pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. Announcement of the funding, which will create government-...
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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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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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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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FILE - In this May 3, 2020, file photo, light shines from inside the U.S. Capitol dome at dusk on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
June 03, 2020 - 6:07 pm
WASHINGTON (AP) — A widely supported bill to refine a payroll subsidy program for businesses struggling during the COVID-19 pandemic could soon be on its way to getting signed into law by President Donald Trump despite hitting a speed bump in the Senate on Wednesday. The legislation would give...
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In this May 20, 2020, file photo, House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington. Congress is at a crossroads in the Covid-19 crisis. Lawmakers are wrestling over whether to “go big” as Pelosi wants for the next relief bill or hit “pause” as Senate Majority Leader Mitch McConnell insists. (AP Photo/Manuel Balce Ceneta)
May 27, 2020 - 12:16 am
WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small-business aid in hopes of helping employers reopen shops and survive the pandemic. Bipartisan legislation that would give small employers more time to take...
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In this May 20, 2020, file photo, House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington. Congress is at a crossroads in the Covid-19 crisis. Lawmakers are wrestling over whether to “go big” as Pelosi wants for the next relief bill or hit “pause” as Senate Majority Leader Mitch McConnell insists. (AP Photo/Manuel Balce Ceneta)
May 26, 2020 - 6:30 pm
WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small business aid in hopes of helping employers reopen shops and survive the pandemic. Bipartisan legislation that would give small employers more time to take...
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