Talking Biz News

Talking Biz News Today — March 18, 2020

Some of Wednesday’s top business news stories: Associated Press Panic buying leaves retailers scrambling to restock, by Anne D’Innocenzio Nevada governor shutters gambling, dining to halt virus, by Michelle L. Price, Scott Sonner CNN...

Washington defers tax payments until July

The U.S. federal government has deferred all tax payments for 90 days, until July 15. AP’s Martin Crutsinger had the news: The Trump administration says individuals and businesses will be allowed to delay paying...

Talking Biz News Today — March 17, 2020

Some of Tuesday’s top business news stories: Associated Press Amazon seeks to hire 100,000 to keep up with surge in orders, by Joseph Pisani Court approves PG&E’s $23B bankruptcy financing package, by Michael Liedtke...

U.S. airlines ask for aid package

U.S. airlines have asked the government for an aid package that could top $50 billion. AP’s David Koenig reported: With each day that the coronavirus outbreak spreads and claims more lives, the damage to...

Fed slashes interest rates to zero

The Federal Reserve announced another emergency rate cut to between 0 and 0.25% and said it will launch a $700-billion quantitative easing program. Lewis Krauskopf reported the news for Reuters: A massive rollout of...