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United Airlines looks to raise $1 billion with new stock offering, shares slip

United Airlines Holdings Inc on Tuesday announced a public offering of 39.25 million shares aimed at raising more than $1 billion to help shore up capital in the midst of the coronavirus pandemic......»»

Category: topSource: reutersApr 21st, 2020

U.S. Senate passes nearly $500 billion coronavirus bill aiding small business

The U.S. Senate on Tuesday unanimously passed legislation providing nearly $500 billion in additional federal aid to help small businesses hurt by the coronavirus pandemic and to aid hospitals dealing with large numbers of seriously ill patients......»»

Category: topSource: reutersApr 21st, 2020

U.S. Senate approves nearly $500 billion more for coronavirus bailout

The.....»»

Category: topSource: reutersApr 21st, 2020

Many of the world"s airlines could be bankrupt by May because of the COVID-19 crisis, according to an aviation consultancy. These airlines have already collapsed because of the pandemic.

Reuters The aviation consultant CAPA warned that "most" of the world's airlines could be bankrupt by the end of May, due to the ongoing coronavirus pandemic. Although President Donald Trump signed a $58 billion bailout for the airline i.....»»

Category: topSource: businessinsiderApr 21st, 2020

U.S. senators propose $500 billion rescue for state, local governments

A U.S. Senate Republican and a Democrat proposed a $500 billion rescue package for state and municipal governments on Monday, as it became increasingly clear that the next coronavirus relief bill will not include money for reeling local authorities......»»

Category: topSource: reutersApr 20th, 2020

U.S. bailout watchdog vows to scrutinize share buybacks, dividends

An official charged with overseeing how the U.S. government handles $500 billion in bailout funds said on Friday he will also monitor how companies use the cash, including for share buybacks, dividends and staff compensation......»»

Category: topSource: reutersApr 17th, 2020

The list of U.S. Treasury questions for airlines seeking bailout cash

U.S. Treasury officials have asked airlines seeking money from a $25 billion fund for payroll support to provide detailed information on their capital structure, liquidity and collateral, people briefed on the matter said......»»

Category: topSource: reutersApr 13th, 2020

Airline industry"s coronavirus bailout may draw on lessons of 9/11

The $2.3 trillion CARES Act sets aside $25 billion in cash grants for U.S. airlines, and about 90 percent of that money is expected to go to the nation’s six largest carriers......»»

Category: topSource: foxnewsApr 10th, 2020

Trump administration seeks $250 billion more in aid for small U.S. businesses: Mnuchin

The Trump administration on Tuesday asked Congress for an additional $250 billion in emergency economic aid for small U.S. businesses reeling from the coronavirus pandemic, as Senate Majority Leader Mitch McConnell pushed for passage as soon as Thursday......»»

Category: topSource: reutersApr 7th, 2020

U.S. airlines want a $50 billion bailout. They spent $45 billion buying back their stock.

U.S. airlines want a $50 billion bailout. They spent $45 billion buying back their stock......»»

Category: topSource: washpostApr 6th, 2020

U.S. airlines want a $50 billion bailout. They spent $45 billion buying back their stock.

U.S. airlines want a $50 billion bailout. They spent $45 billion buying back their stock......»»

Category: topSource: washpostApr 6th, 2020

43% of small businesses say they’ll be forced to close permanently if they don’t get help soon, survey says

Small businesses can now apply for $350 billion in forgivable loans as part of the $2 trillion coronavirus stimulus bill......»»

Category: topSource: marketwatchApr 6th, 2020

Airline salaries compared to stock buybacks show why people are angry at the bailout

Many airlines spent billions of dollars on their own stocks over the past decade, and are now receiving alm.....»»

Category: topSource: moneycentralApr 3rd, 2020

Why Boeing might not need a bailout despite coronavirus, 737 Max crises

Boeing could get up to $17 billion from the federal government's $2 trillion stimulus package to shore up its operatio.....»»

Category: topSource: usatodayApr 3rd, 2020

Q&A: When will you receive a government payment from the coronavirus bailout?

When will stimulus checks go out? Who qualifies for a check? And other frequently asked questions. When will stimulus checks go out? Who qualifies for a check? And other frequently asked questions......»»

Category: topSource: latimesApr 2nd, 2020

New York City officials are urging Gov. Cuomo to approve an $8 billion plan for rental relief — after renters were left out of the federal coronavirus stimulus

Tayfun Coskun/Anadolu Agency/Getty Images Mayor Bill De Blasio has endorsed a rental relief plan that would provide immediate aid to those struggling to pay their April rent. The plan, which still needs to be approved by .....»»

Category: topSource: businessinsiderApr 2nd, 2020

Private Equity Group Lobbied Trump Administration For $500B Coronavirus Bailout Fund: Report

The American Investment Council, which acts as a lobbyist for the private equity industry, pushed the Trump administration to include $500 billion in relief for businesses as part of a coronavirus stimulus package, CNBC re read more.....»»

Category: blogSource: benzingaApr 1st, 2020

Squabbling over 4th coronavirus bailout bill begins, but passage is likely weeks away

The House is working behind the scenes on another coronavirus relief package. Senate Republicans say it is too soon. The House is working behind the scenes on another coronavirus relief package. Senate Republicans say it is too soon......»»

Category: topSource: latimesMar 31st, 2020

After coronavirus stimulus passes, Delta, United say no pay cuts or furloughs

The stimulus package earmarks $25 billion in funds to assist U.S. airlines with payment of employee salaries and benefits......»»

Category: topSource: foxnewsMar 27th, 2020

The House just passed the $2.2 trillion coronavirus stimulus bill. Here"s what it means for the more than one million restaurants in the US.

Jeenah Moon/Getty Images The Senate passed a $2.2 trillion economic stimulus bill on Wednesday to bolster the US economy during the coronavirus pandemic. After more than three hours of debate, The House p.....»»

Category: topSource: businessinsiderMar 27th, 2020