Tag Archives: General news

U.S. Congress wrangles over details of coronavirus economic aid as deadline approaches

[ad_1] WASHINGTON, Dec 17 (Reuters) – After months of feuding and with a weekend deadline fast approaching, U.S. congressional negotiators were wrangling over details of a $900 billion COVID-19 aid bill that leaders have vowed to pass before going home this year. The legislation is expected to include $600 to …

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Coronavirus stimulus talks set to slip into weekend in Washington as hurdles remain

[ad_1] With agreement elusive on another big coronavirus aid deal, Congress is ready to do what Congress often does – push its deadline back. Senate Majority Leader Mitch McConnell warned on the Senate floor Thursday that it was “highly likely” lawmakers will need to stay beyond Friday and work into …

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Jobless claims hit nearly 4-month high as coronavirus-triggers more layoffs

[ad_1] The numbers: New applications for U.S. unemployment benefits rose in mid-December to a nearly four-month high, pointing to rising layoffs and more damage to the economy from a record increase in coronavirus cases. Initial jobless claims climbed to 885,000 in the seven days ended Dec. 12 from a revised …

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Coronavirus won’t stop Japanese firms buying abroad, says Suntory CEO

[ad_1] TOKYO (Reuters) – The chief executive of Japanese beverage maker Suntory Holdings said on Thursday the coronavirus crisis and other geopolitical risks would not deter his company or other Japanese firms from overseas acquisitions. FILE PHOTO: Takeshi Niinami, President and CEO of Suntory Holdings, addresses the session ‘Japan’s Future …

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India records 24,037 new coronavirus cases

[ad_1] MUMBAI, Dec 17 (Reuters) – India reported 24,037 new coronavirus infections, taking its tally to 9.96 million, data from the health ministry showed on Thursday. This is the fourth straight day that daily cases have stayed below 30,000, keeping with the country’s trend of declining daily cases since hitting …

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U.S. negotiating to buy more doses of Pfizer’s coronavirus vaccine

[ad_1] WASHINGTON — U.S. officials say they’re actively negotiating for additional purchases of Pfizer’s coronavirus vaccine after passing up a chance to lock in a contract this summer since it was still unclear how well the shots would work. Health and Human Services Secretary Alex Azar and special adviser Dr. …

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California reports record coronavirus deaths as new cases spiral

[ad_1] LOS ANGELES — California reported more than 50,000 new coronavirus cases and 293 deaths on Wednesday, setting new daily records as hospitals struggled to keep up with the surge. Southern California and the state’s Central Valley — regions that together include 23 counties and most of the state’s nearly …

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Personal checks back in the mix as Congress drives toward coronavirus financial aid deal

[ad_1] Advocates of a second round of direct financial aid checks to households may get their wish as talks among congressional leaders on an overall aid package go down to the wire in Washington on Wednesday. Capitol Hill’s Big Four – House Speaker Nancy Pelosi, Senate Majority Leader Mitch McConnell, …

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Retail sales sink 1.1% in November as Covid-19 slams restaurants, economy again

[ad_1] The numbers: Sales at U.S. retailers fell in November for the second month in a row and posted the biggest decline since the onset of the pandemic, underscoring fresh strains on the economy spawned by the record rise in coronavirus cases. Retail sales fell 1.1% last month, the government …

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