Airlines, hotels and other firms getting crushed by the coronavirus recession are practically begging for federal bailouts. But not General Motors. The auto giant already got one of those, and it really doesn’t want another. Instead, GM (GM) may help address the problem, by using its manufacturing and supply-chain expertise to speed the production of […]
It will come as no surprise to anyone that Uber is seeing a 60% decline in customers ordering rides in the cities hit hardest by coronavirus. Americans are practicing social distancing and working from home, and with so many businesses closed, there’s nowhere for them...
Sen. Chris Murphy (D-CT) wants the federal government to take over the medical supply chain, as hospitals scramble to find enough supplies and protective gear for healthcare workers during the coronavirus outbreak. “Medical professionals are in absolute panic right...
Presidential candidate Joe Biden is calling for student loan forgiveness, joining Democratic lawmakers and former opponents after previously opting for a more moderate approach. “[W]e should forgive a minimum of $10,000/person of federal student loans, as proposed by...
Anthony Scaramucci, President Donald Trump’s former communications advisor, made a case that there’s now an “even money” chance his former boss could win re-election in November — even as the coronavirus pandemic ravages the global economy. As early as...
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