The Los Angeles Lakers qualified for and received approximately $4.6 million from the government’s Paycheck Protection Program, which was established to provide relief to small […]
Tag: million
Wyndham Destinations Buys Travel + Leisure From Meredith For $100 Million
The $100 million acquisition shall be funded with money on hand of $35 million paid at closing, with trailing payments accomplished by June 2024. As […]
Hertz abandons plan to sell $500 million of ‘worthless’ stock after SEC review
Hertz halted its plan to sell $500 million in common stock Wednesday pending a review from the Securities and Exchange Commission after the rental car […]
New unemployment claims rise by 1.5 million as stocks drop sharply on coronavirus concerns
More than 1.5 million people filed for unemployment for the first time last week, according to data released Thursday by the Department of Labor. The […]
President Trump’s Scottish golf resorts set to get over $1 million in tax relief
AYR, United Kingdom — Scottish golf courses owned by President Donald Trump’s businesses stand to benefit from more than a million dollars of taxpayer money, […]
Comcast pledges $100 million in effort to battle systemic prejudices in America
Media giant Comcast announced Monday that it is donating $100 million to battle the “complex issue” of systemic racism, sexism and homophobia in America. Brian […]
Unemployment rate falls to 13.3 percent as economy gains surprise 2.5 million jobs despite coronavirus
The U.S. economy gained 2.5 million jobs in May and the unemployment rate dropped to 13.3 percent. That’s down from 14.7 percent in April, according […]
Around 1.8 million Americans filed for first-time unemployment last week, continuing downward trend
Around 1.8 million Americans filed for first-time jobless benefits last week, hinting that the worst could be over for the labor market. While still a […]
Weekly initial jobless claims hit 2.1 million
More than 2.1 million Americans filed for unemployment benefits for the first time last week, the 10th straight week that jobless claims have been in […]
New weekly figures show almost 40 million people lost their job since the pandemic
Another 2.44 million Americans filed for initial unemployment benefits last week, bringing the total number of people who lost their job so far during the […]
Initial jobless claims totaled 2.98 million last week, higher than expected
Around 2.98 million Americans filed for first-time unemployment claims last week, more than economist expectations of 2.7 million, and the eighth-straight week of numbers in […]
Another 3 million Americans filed jobless claims last week, bringing total to 33 million since coronavirus hit
Around 3 million more workers filed for unemployment benefits for the first time last week, down slightly from 3.8 million the previous week. More than […]
Jobless claims top 30 million as coronavirus continues to devastate economy
Around 3.8 million more workers filed for first-time employment benefits last week, bringing the national jobless total to a staggering 30 million — or around […]
Firms with Trump links or worth $100 million got small business loans
The government’s $349 billion small business lending program was designed to keep merchants afloat during the COVID-19 crisis. But critics say the structure of the […]
U.S. jobless claims reach 26 million since coronavirus hit, wiping out all gains since 2008 recession
Another 4.4 million Americans filed for initial jobless claims last week, revealing that at least 26 million people have requested unemployment benefits since the outbreak […]