The Fox Business Network announced on Friday that it had parted ways with Trish Regan, the conservative news host who ignited controversy earlier this month when she dismissed the coronavirus pandemic as a conspiracy to throw President Trump out of office. “We thank her for her contributions to the network over the years and wish…… MORE
Boeing still expects to get some help from the federal government. Just not the same kind of help that the airlines are set to receive. Although the federal government likely will end up owning stakes in the nation’s airlines, taxpayers probably won’t receive shares of Boeing. The aircraft maker asked for help from the federal…… MORE
President Trump’s media allies and social media attack dogs are deflecting criticism of the federal government’s response to the coronavirus pandemic by giving viewers and Twitterers other targets of ire. The targets include Democratic governors, presidential candidate Joe Biden and even a key member of Trump’s coronavirus task force, National Institute of Allergy and Infectious…… MORE
America’s craft brewers were headed for a rocky spell before the coronavirus pandemic. Now, many are worried their livelihoods could be doomed. In 2019, more than 300 small and independent brewers closed — the largest total in a single year. Sales at the high-overhead operations shrank as the market overflowed with competition: A record 8,000-plus…… MORE
The European Union announced on March 15 it was restricting exports of personal protective equipment, including face shields, surgical masks and gowns. India banned the export of ventilators and sanitizers on March 24. On Wednesday, Switzerland began requiring licenses for exports of masks, gloves, goggles and swabs. “It’s the least we can do for the…… MORE
2020 was supposed to be a banner year for digital media. BuzzFeed, Group Nine, and Vice each indicated that this year they would be profitable, a long-elusive goal for an industry bedeviled by diminishing ad dollars. But no one could have predicted that a global health crisis would hit just as business was picking up.…… MORE
The $50 billion airline bailout passed by the Senate will help keep the airlines alive, but it won’t solve the industry’s most severe crisis in its history. Only passengers can do that. “We have an airline industry right now that is flying empty planes,” said airline consultant Mike Boyd. “This isn’t going to save the…… MORE
Deep divisions within the European Union are hampering efforts to tackle the economic fallout of the coronavirus pandemic. The European Union made two attempts this week at agreeing to a coordinated strategy to support member states most affected by the outbreak, such as Italy and Spain. Finance ministers from countries that use the euro currency…… MORE
The $2 trillion coronavirus stimulus bill passed by the Senate provides aid for average consumers and small businesses — but there’s also a lucrative tax break for wealthy real estate developers. That’s because the stimulus bill removes limits on the amount of losses that wealthy investors can use to offset taxes, by writing down the…… MORE
US automakers have come to the rescue when the nation has faced supply shortages during wartime in the past. Ford built heavy bomber airplanes and GM built amphibious assault craft, among other things. So it seems only natural that, in the rush to address the critical shortage of ventilators in the US due to the…… MORE
