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The Gazette in Medina, Ohio

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Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Mar 05, 2021

Page

7

Senate Debates $1.9T COVID Relief Bill Moves Forward

Senate votes 51 50 to begin debating the $1.9 trillion relief plan as Democrats push late changes to secure support in a 50 50 chamber with Vice President Harris. The package aims for quick House passage and Biden signature, with direct checks up to 1400 and expanded tax credits while moderates seek cost controls.

Washington Senate Joe Biden House Biden Kamala Harris Harris Congress U.S White House Ing Arama Nancy Pelosi D-Calif Chamber Democrats Jim McGovern D-Mass Ron Johnson R-Wis Schumer Johnson

Unemployment claims rise as layoffs stay high

The Labor Department reports 745000 initial unemployment claims for the week, up 9000 from the prior week, with total state benefits at 4.3 million and pandemic programs lifting to about 18 million. Texas and Ohio see spikes amid weather and fraud concerns. job growth remains weak while optimism grows on vaccines and new aid.

Washington Labor Department U.S Texas Ohio Fed Rabeela Farooqi

GM LG Chem eye second U S battery plant near Tennessee site

General Motors and LG Chem seek a site for a second U S battery factory with a decision due in the first half of the year. The venture already builds a 2 billion dollar plant in Lordstown. Detroit and Orion Township are nearby designations. Analysts warn of a global battery shortage as automakers shift to electric vehicles.

Detroit General Motors U.S LG Chem Korea Dan Flores Flores Spring Hill Tennessee Lordstown Orion Township Michigan Holland China

Also Mentioned on This Page

Alan The Associated Press Chuck Schumer D-N.y Icans Jen Psaki Federal Reserve Ann Elizabeth Konkel America Lael Brainard Board of Governors Freddie Mac Shrewe RD Wooster Pinetreebarn.com MSAT SUN
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