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Newspaper
The Gazette
Location
Medina, Ohio, United States of America
Date
Aug 05, 2020
Page
15
Washington Republicans intensified complaints that Democrats push too hard in a sweeping coronavirus relief bill while talks progressed slowly. A 90 minute session yielded modest gains with a push to extend evictions moratorium and debates over food stamps and unemployment benefits.
The Aspen Institute estimates about 23 million could face eviction as moratoriums expire and courts reopen. About 30 state bans have ended since May, with 12 million renters under federal protection also losing safeguards. Experts warn filings will rise, housing courts face health risks, and federal relief remains insufficient to curb the crisis.
The New York Fed says Black owned businesses face weaker finances and funding gaps with 40 percent of revenue concentrated in 30 counties many hit hardest by COVID 19. In those counties only 7 11 11 6 percent of firms received PPP loans. American Airlines and unions negotiate to limit October layoffs with pilots taking alternate months or training leaves. Booking Holdings plans big layoffs at Booking.com OpenTable and Priceline owner citing travel slump. Booking.coms first quarter bookings dropped 43 percent to 124 million while second quarter results loom.
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