Congress needs to reform PPP with actual struggling small businesses (including looted businesses) in mind, instead of offering a blank check to any company that comes knocking.
And, the eight-week (two month) forgiveness window will turn into a 24-week (six month) window. Even if the newly proposed six-month timeline is too generous, lawmakers have the right idea extending out the forgiveness window.
When the CARES Act was passed, members of Congress simply had no idea what the state of the pandemic – and economy – would be in two months' time.
And here's another article:
New Japan budget airline launches with Narita-Bangkok cargo flight
TOKYO: New Japanese budget airline Zipair Tokyo Inc launched in early June by flying a passenger jet to Bangkok that was loaded only with cargo.
With the aviation industry facing strong headwinds due to the novel coronavirus pandemic, the company wholly owned by Japan Airlines Co was forced to commence operations by focusing on cargo, delaying its planned Narita-Bangkok passenger services.
As the Thai government has banned inbound international passenger flights until the end of June as part of efforts to prevent the spread of the virus, Zipair has postponed launching services that were initially scheduled to start on May 14.
The ACLU will shift focus to defunding police budgets
“We don’t need another training program on racial bias or implicit bias in police departments. We don’t need to file another lawsuit on qualified immunity. We don’t need to bring another race discrimination or gender discrimination lawsuit to integrate the police department,” Romero continued. “We need to defund the budgets of these police departments. It’s the only way we’re going to take power back.
That doesn’t mean the ACLU won’t take those other actions, he says. It’s always done that sort of work—especially with lawsuits directed at holding police accountable—and will continue to do so. But a root cause of these issues is outsize police budgets, which are holding strong or in some cases growing bigger even as cities slash funding for other departments in the wake of the COVID-19 pandemic.
OPPO launches budget smartphone A12 in India | Business Insider India
Quite a lot has been going on:
Budget devices are still the heart of Motorola's portfolio – TechCrunch
As other manufacturers have turned toward cheaper flagship alternatives, Motorola has experimented with $1,000 Edge+ and the foldable Razr reboot . Neither product was particularly well received. The Razr, in particular, got knocked by reviews for its pricing and build quality. Thankfully, however, the Lenovo-owned company knows that budget handsets are its core value proposition.
Today the company introduced the latest additions to two key budget lines. There's the stiltedly named Moto G Fast and the far more straightforward Moto E. The latest version of the G line gets its name from its purported "AI processing capabilities that boost performance to the next level." I guess we'll have to take Motorola's word until we see one in person. Certainly the Snapdragon 665 alone isn't enough to warrant the name, nor is the 3GB of RAM.
S4 Capital Says Trading Strong But Below Budget As... | Morningstar
In prepared remarks to the digital advertising and marking services firm's annual general meeting later on Monday, Executive Chair Martin Sorrell will say: "Despite the catastrophic impact of Covid-19, trading for the first four months of 2020 continues to be strong, but understandably below a pre-pandemic budget."
Reportable revenue was up 68% for the fourth months ended April 30, while like-for-like revenue was more than 11% higher. Reportable gross profit was up by more than 82% and like-for-like gross profit by 15%. Pro-forma revenue growth was more than 13%, Sorrell said, and gross profit growth was close to 17%.
Governor extends school budget vote ballot receipt by one week - Mid Hudson News
ALBANY – The school budget and board member mail-in vote remains June 9, but the governor has issued an executive order allowing hand-delivered ballots through 5 p.m. on the 9 th and received by school districts in the mail through June 16.
State Senator Pete Harckham and Assemblyman Jonathan Jacobson introduced legislation pushing the vote date back one week to the 16 th , but said this action serves the same purpose, said Harckham.
"This is a good compromise and doing it through executive order ensures that it is done in a timely way," he said. "I am pleased the governor did it and credit where credit is due, and it gives more opportunity for the voters to have their ballot counted."
Mount Greylock Finance Subcommittee Looks at Contingencies for FY21 Budget / iBerkshires.com -
Happening on Twitter
Senior @WhiteHouse Advisor #IvankaTrump now complains of "cancel culture and viewpoint discrimination." That's fasc… https://t.co/kNuTfeGfyw tedlieu (from California) Sat Jun 06 19:26:23 +0000 2020
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