India  

U.S. COVID loans saved 51 million jobs, gave billions to the rich

Video Credit: Reuters Studio - Duration: 02:08s - Published
U.S. COVID loans saved 51 million jobs, gave billions to the rich

U.S. COVID loans saved 51 million jobs, gave billions to the rich

[NFA] Data on the small business Paycheck Protection Program (PPP) seemed to confirm worries among Democrats and watchdog groups that in addition to mom-and-pop shops, the funds went to well-heeled and politically-connected companies.

This report produced by Zachary Goelman.

0
shares
ShareTweetSavePostSend
 

πŸ’‘ newsR Knowledge: Other News Mentions

Coronavirus disease 2019 Coronavirus disease 2019 Infectious respiratory disease caused by severe acute respiratory syndrome coronavirus 2

WHO doctor: Lifting restrictions in Europe will cause Covid-19 to bounce back [Video]

WHO doctor: Lifting restrictions in Europe will cause Covid-19 to bounce back

World Health Organisation's Dr Michael Ryan explains how Covid-19 is notshowing signs of seasonal patterns, and that lifting restrictions is what willcause it to "bounce back". He warns Europe to keep the pressure on the virusin order to avoid this bounce back.

Credit: PA - Press Association STUDIO    Duration: 00:55Published
What is the science behind Covid-19 and schools ? [Video]

What is the science behind Covid-19 and schools ?

As the Government faces calls to boost Covid-19 testing in order to makereturning to schools safe, we look at the research driving the decisions.

Credit: PA - Press Association STUDIO    Duration: 02:38Published
Hospital beds and ventilators- a new challenge in Nepal's fight against COVID-19 [Video]

Hospital beds and ventilators- a new challenge in Nepal's fight against COVID-19

Nepal government allocated hospitals in Kathmandu valley are now running short of beds for COVID-19 patients, along with life-saving ventilators which stand low in number. Slowdown in number of COVID-19 cases due to government induced lockdown was short-lived as cases have started to emerge at an alarming rate. Due to the rapid spike in the new cases in Kathmandu valley, all the beds and intensive care units available at hospitals are already occupied for COVID-19 patients. Kathmandu valley, which comprises Bhaktapur, Lalitpur and Kathmandu District, in total has reported 485 cases. Flow of patients from outside Kathmandu valley is also increasing with ease of lockdown and people attempting for pre-lockdown schedule which has raised the infection rate in capital of the Himalayan Nation. On a daily basis, about 1000 people returning back from districts outside Kathmandu pour into the hospital for tests but only 300 of them get tested as per the cap fixed on by the hospital administration. Ministry of Health and Population on Friday released its plans and estimated a steady rise in cases in coming days. The Ministry has planned to take the total number of ICU beds in the nation to 2, 600 and number of ventilators to 900. In lack of proper bed, 68 infected ones on Friday were asked to keep themselves under home isolation while 25 only were admitted to the hospital. According to the Health Ministry, about 30 percent of the confirmed infected ones are on loose.

Credit: ANI    Duration: 02:55Published
Karnataka CM BS Yediyurappa tests negative for COVID-19 [Video]

Karnataka CM BS Yediyurappa tests negative for COVID-19

Karnataka Chief Minister BS Yediyurappa got discharged from Manipal Hospital in Bengaluru on August 10 after he tested negative for the virus. CM had tested positive for the disease on August 02.

Credit: ANI    Duration: 01:10Published

Paycheck Protection Program

New jobless claims above 1 million for 20 weeks [Video]

New jobless claims above 1 million for 20 weeks

The number of Americans who signed up for first-time jobless benefits remained stuck above 1 million for the 20th straight week, in the clearest signal yet of a stalled economic rebound. Conway G. Gittens dives into the numbers.

Credit: Reuters - Politics    Duration: 01:19Published
Brad Pitt to Star in David Leitch's "Bullet Train," Kanye West's Yeezy Receives $2M-Plus From Federal Pandemic Loan & More News  [Video]

Brad Pitt to Star in David Leitch's "Bullet Train," Kanye West's Yeezy Receives $2M-Plus From Federal Pandemic Loan & More News

Nick Cordero died Sunday after a grueling battle with the Coronavirus, Kanye West's Yeezy received more than $2 million through the Paycheck Protection Program and Brad Pitt will lead Sony action thriller 'Bullet Train' from David Leitch.

Credit: The Hollywood Reporter    Duration: 01:51Published
1.5 mln Americans file jobless benefits last week [Video]

1.5 mln Americans file jobless benefits last week

Unemployment claims dipped last week to 1.5 million but remained historically high. As Fred Katayama reports, a second wave of layoffs amid weak demand and fractured supply chains is keeping new U.S. applications for unemployment benefits elevated.

Credit: Reuters Studio    Duration: 01:04Published

Democratic Party (United States) Democratic Party (United States) Major political party in the United States

Democrats eye elusive presidential prize: Texas [Video]

Democrats eye elusive presidential prize: Texas

[NFA] For the first time in 25 years a Democratic presidential candidate is running TV ads specifically targeting Texas, and Democrats say even a small investment in the Lone Star state could boost down-ballot contests and force Republicans to shift resources from other battlegrounds. This report produced by Zachary Goelman.

Credit: Reuters - Politics    Duration: 02:01Published
China targeting U.S. election infrastructure -O'Brien [Video]

China targeting U.S. election infrastructure -O'Brien

[NFA] After U.S. counterintelligence said Russia was actively working to undermine Democratic candidate Joe Biden ahead of the presidential election, President Donald Trump's national security adviser said China was trying to actively interfere as well. This report produced by Zachary Goelman.

Credit: Reuters - Politics    Duration: 02:00Published
Pelosi, Mnuchin signal openness to resume aid talks [Video]

Pelosi, Mnuchin signal openness to resume aid talks

[NFA] U.S. House Speaker Nancy Pelosi on Sunday urged a restart of congressional talks on extending coronavirus aid, saying executive actions taken by President Donald Trump a day earlier would have little immediate impact on Americans facing economic distress amid the pandemic. This report produced by Yahaira Jacquez.

Credit: Reuters - Politics    Duration: 01:28Published
US Stocks Decline, Stimulus Negotiations Heat Up [Video]

US Stocks Decline, Stimulus Negotiations Heat Up

Reuters US stocks closed down on Tuesday as investors mulled Senate Republicans' coronavirus stimulus package and a slew of earnings reports. The GOP continued negotiations on its initial fiscal relief plan throughout the day. The $1 trillion package includes another round of $1,200 payments and additional funds for small-business loans. Experts expect a long negotiation period as Republicans and Democrats spar over their respective proposals.

Credit: Wochit News    Duration: 00:32Published

Kanye West Seeks Donations, Takes Stands on 2020 Presidential Issues

Kanye West wants you to donate to his campaign so he can become the 46th POTUS, and he's making the pitch by laying out his positions on various issues, and one..
TMZ.com

You Might Like


Tweets about this

TMiiton

Trevor MiIton @arindube Saved 3.2 million jobs most of them in zombie companies that would have been lost even without covid.… https://t.co/V0RAiHZCtF 5 days ago


Related videos from verified sources

Accountability Might Be an Issue as Data Shows 500,000 Businesses Retained No Jobs Yet Received PPP Loans [Video]

Accountability Might Be an Issue as Data Shows 500,000 Businesses Retained No Jobs Yet Received PPP Loans

The pandemic’s threat to the economy saw the creation of the Paycheck Protection Program put in place to keep workers employed, but data shows half a million businesses retained no jobs despite..

Credit: Veuer     Duration: 01:24Published