Government aid for industry

Vice President Mike Pence, left, greets Senior Pastor Dr. Robert Jeffress, right, after Pence spoke at the Southern Baptist megachurch First Baptist Dallas during a Celebrate Freedom Rally in Dallas, Sunday, June 28, 2020. (AP Photo/Tony Gutierrez)
July 07, 2020 - 12:03 am
NEW YORK (AP) — Churches connected to President Donald Trump and other organizations linked to current or former Trump evangelical advisers received at least $17.3 million in loans from a federal rescue package designed to aid small businesses during the coronavirus pandemic. Those receiving loans...
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FILE - In this June 10, 2020 file photo, Jovita Carranza, Administrator of the Small Business Administration, testifies during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, on Capitol Hill in Washington. The Treasury Department said it is releasing on Monday, July 6 the names of more than 700,000 companies that received funds from the government’s small business lending program, a massive effort intended to support the economy as states shut down in April to contain the viral outbreak. (Kevin Dietsch/Pool via AP, File)
July 06, 2020 - 5:58 pm
NEW YORK (AP) — The Latest on the Treasury decision to identify hundreds of thousands of businesses that received funding through the Paycheck Protection Program, created to preserve jobs at smaller businesses during the coronavirus pandemic: ___ The financial services industry received roughly $27...
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FILE - In this Saturday, July 4, 2020 file photo, visitors wearing PPE stand apart as they view Irises, 1914-17, by Claude Monet, a the National Portrait Gallery, London, as it prepares to reopen following the easing of coronavirus lockdown restrictions across England. The British government has announced more than 1.5 billion pounds (almost $2 billion) to help the country’s renowned arts and cultural institutions recover from the coronavirus pandemic, after some theaters and music venues warned that without support they might never open again. (Victoria Jones/PA via AP, File)
July 06, 2020 - 6:53 am
LONDON (AP) — The British government has announced more than 1.5 billion pounds (almost $2 billion) to help the country’s renowned arts and cultural institutions recover from the coronavirus pandemic, after some theaters and music venues warned that without support they might never open again. The...
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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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Air France workers gather during a protest in front of the company headquarters in Tremblay-en-France, outside Paris Friday, July 3, 2020. Air France is meeting with personnel representatives Friday to discuss thousands of job cuts after the virus pandemic grounded most flights and darkened prospects for future air travel. (AP Photo/Christophe Ena)
July 03, 2020 - 2:30 pm
PARIS (AP) — Air France and regional subsidiary Hop announced 7,500 job cuts Friday after the virus pandemic grounded most flights and darkened prospects for future air travel. Activists from multiple unions protested at Air France headquarters at Paris’ Charles de Gaulle Airport as talks began...
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Federal Reserve Board Chairman Jerome Powell, left, and Treasury Secretary Stephen Mnuchin, bump elbows at the conclusion of a House Committee on Financial Services hearing on oversight of the Treasury Department and Federal Reserve pandemic response, Tuesday, June 30, 2020 on Capitol Hill in Washington. (Tasos Katopodis/Pool via AP)
July 01, 2020 - 8:35 pm
WASHINGTON (AP) — The House on Wednesday easily passed a temporary extension of a subsidy program for small businesses slammed by the coronavirus, speeding the measure to President Donald Trump. Approval by voice vote without debate came after Democrats pushed the legislation through the GOP-...
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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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June 26, 2020 - 3:05 am
THE HAGUE, Netherlands (AP) — The Dutch government announced Friday that it will throw national carrier KLM a 3.4 billion-euro ($3.81 billion) lifeline to help the airline survive the aviation slump caused by the coronavirus pandemic. Finance Minister Wopke Hoekstra said the support package is made...
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The setting sun illuminates the tail fin of a Lufthansa aircraft at the airport in Frankfurt, Germany, Tuesday, June 23, 2020. The German airline Lufthansa will hold its annual shareholders meeting on Thursday. (AP Photo/Michael Probst)
June 25, 2020 - 1:09 pm
FRANKFURT, Germany (AP) — Lufthansa shareholders approved a 9 billion-euro ($11 billion) rescue package Thursday that will see the German government take a 20% stake after management told them the airline was running out of money and faced years of reduced demand for air travel. Shareholders gave...
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