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SEPTA expects to avoid layoffs, service cuts for now after $252M in Covid-19 relief funding

SEPTA officials expect to soon breathe a little easier with an estimated $252 million in additional federal relief funds coming to the beleaguered transit agency. The money comes from a federal Covid-19 relief package passed in December that inc.....»»

Category: topSource: bizjournalsJan 13th, 2021

Polis, Western governors request $1T from federal government amid budget cuts

Gov. Jared Polis joined with other Western governors on Monday in requesting $1 trillion in relief to states and local governments to avoid deep cuts in services amid the Covid-19 pandemic. Governors and legislators in California, Colorado, Oregon, N.....»»

Category: topSource: bizjournalsMay 12th, 2020

Coronavirus roundup: Menlo Park budget shortfall | Cities offer to aid county in Covid-19 testing

Menlo Park will have to make budget cuts and crack open its piggy bank to make up for a major funding gap this fiscal year and the city is bracing for an even bigger cut next year. The Peninsula city expects an $8 million budget shortfall between now.....»»

Category: topSource: bizjournalsMay 1st, 2020

Phoenix considers service cuts, layoffs as revenue dries up due to COVID-19

No matter when the city's economy turns around as the effects of the coronavirus eventually fade, Phoenix is facing big deficits. Deputy City Manager Jeff Barton outlined a brutal budget forecast for 2021 in a teleconferenced planning meeting on March .....»»

Category: topSource: bizjournalsApr 3rd, 2020

Sanders says Democrats can"t "wait weeks and weeks" to gain Republican support to pass COVID-19 relief and should use reconciliation to avoid the filibuster

If Democrats, who hold a slim Senate majority, use reconciliation to bypass the filibuster, they can pass relief with just 51 votes. Sen. Bernie Sanders, I-Vt., talks during an interview with MSNBC in the Russell Rotunda in Washi.....»»

Category: topSource: businessinsiderJan 24th, 2021

Next Avenue: The COVID relief law holds good news and bad news for older Americans

It's a mixed bag for aging services programs but includes landmark funding to curb elder abuse......»»

Category: topSource: marketwatchJan 19th, 2021

: Latest round of PPP funding targets mom-and-pop businesses

Congress is set to pass a long awaited COVID relief bill that will reauthorize and replenish emergency l.....»»

Category: topSource: marketwatchDec 21st, 2020

Charlotte restaurant owner charged with fraud over $1.7M in PPP

The owner of La Shish Kabob in Charlotte denies his role in an alleged scheme to fraudulently obtain more than $1.7 million in Covid-19 relief funding. “We are not guilty. We trust the judge and the courts,” Izzat Freitekh told the Charlotte.....»»

Category: topSource: bizjournalsDec 20th, 2020

Donate to Help Fight COVID-19 With CoinDesk and NY Blockchain Week

During Consensus: Distributed, CoinDesk is raising money for COVID-19 relief using an innovative method called quadratic funding......»»

Category: forexSource: coindeskMay 11th, 2020

Giant Eagle working to expand curbside service in the North and East suburbs

Giant Eagle works to expand and grow e-commerce approach as the Covid-19 pandemic creates a new urgency to provide customers with an option to avoid shopping in stores themselves......»»

Category: topSource: bizjournalsMay 6th, 2020

Uber’s Newest Wave of Cost-Cutting Measures Ahead of Earnings

Uber announced Wednesday that it plans to take more actions to cut costs in regards to the COVID-19 pandemic, including layoffs and executive pay cuts......»»

Category: blogSource: 247wallstMay 6th, 2020

Arch Grants taps Covid-19 relief fund to assist 16 St. Louis startups

Arch Grants, the local nonprofit that awards $50,000 equity-free grants to startups, has provided new funding to 16 of its portfolio companies to help them navigate the Covid-19 pandemic. The funds were distributed from the Arch Grants Relief Fund,.....»»

Category: topSource: bizjournalsApr 30th, 2020

State employee layoffs likely without more federal help, top financial officers warn

Layoffs, furloughs and other unpleasant cuts are on the way in D.C., Maryland and Virginia without a massive increase in federal coronavirus relief, according to some of the Washington region’s top budget minders. As the exact contours of the pa.....»»

Category: topSource: bizjournalsApr 30th, 2020

Lyft lays off nearly 1,000; puts an additional 288 on furlough

Shares of Lyft Inc. jumped 4% Wednesday after the ride-hailing service announced deep cuts, including 982 layoffs a.....»»

Category: topSource: marketwatchApr 29th, 2020

Disney, Discovery, Fox: Which Stock Will Be Crowned The Media King?

Even before the COVID-19 pandemic, secular trends didn’t bode well for traditional media companies. Cord-cutting triggered a decline in subscriptions and a loss of ad dollars to streaming services. One analyst expects no relief from the pressure.....»»

Category: blogSource: benzingaApr 28th, 2020

Many aren"t ready if Covid-19 forces early retirement

Retirement accounts have taken a hit as the financial markets react to the Covid-19 pandemic. The good news is that there are some relief measures in the federal government’s aid package. The bad news is that experts recommend you avoid taking m.....»»

Category: topSource: bizjournalsApr 23rd, 2020

Oregon lawmakers to allocate $30M in emergency funding for Covid-19 response

Members of the Oregon Legislature Emergency Board plan to meet Thursday to allocate more than $30 million in relief funding during the Covid-19 pandemic. The money will go toward workers and businesses affected by the economic shutdown and housing assi.....»»

Category: topSource: bizjournalsApr 22nd, 2020

Massive government layoffs and pay cuts likely coming

State and local governments are warning of a wave of layoffs and pay cuts after getting left out of the federal coronavirus relief package expected to pass Congress this week......»»

Category: topSource: moneycentralApr 22nd, 2020

Massive government layoffs and pay cuts likely coming

State and local governments are warning of a wave of layoffs and pay cuts after getting left out of the federal coronavirus relief package expected to pass Congress this week......»»

Category: topSource: moneycentralApr 22nd, 2020

Here"s how Dayton International Airport plans to use its $15M grant

Dayton International Airport is one of 10 local airports to receive a slice of $10 billion in relief funding from the federal government due to the Covid-19 pandemic......»»

Category: topSource: bizjournalsApr 21st, 2020

The rich and famous donating fortunes to combat COVID-19

From reality stars and Hollywood A-listers to sporting legends and tech billionaires, a litany of prominent people are delving deep into their pockets to donate millions to the coronavirus relief effort, funding food banks, medical research and more......»»

Category: topSource: moneycentralApr 20th, 2020