Government aid for industry

Technicians of the German airline Lufthansa work on an aircraft at the airport in Munich, Germany, Tuesday, May 26, 2020. Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. (AP Photo/Matthias Schrader)
May 29, 2020 - 4:41 am
BRUSSELS (AP) — The EU competition chief said Friday that she is not “creating extra hurdles" for Lufthansa after the airline balked at accepting a 9 billion-euro German government rescue package because of what it said were tough EU conditions. Margrethe Vestager said that EU rules require...
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House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill, Wednesday, May 27, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)
May 28, 2020 - 12:02 pm
WASHINGTON (AP) — The House gave sweeping bipartisan approval Thursday to legislation to modify a new “paycheck protection” program for businesses that have suffered COVID-related losses, giving them more flexibility to use federal subsidies for other costs and extending the lifespan of the program...
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In this May 20, 2020, file photo, House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington. Congress is at a crossroads in the Covid-19 crisis. Lawmakers are wrestling over whether to “go big” as Pelosi wants for the next relief bill or hit “pause” as Senate Majority Leader Mitch McConnell insists. (AP Photo/Manuel Balce Ceneta)
May 26, 2020 - 9:16 pm
WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small-business aid in hopes of helping employers reopen shops and survive the pandemic. Bipartisan legislation that would give small employers more time to take...
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In this May 20, 2020, file photo, House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington. Congress is at a crossroads in the Covid-19 crisis. Lawmakers are wrestling over whether to “go big” as Pelosi wants for the next relief bill or hit “pause” as Senate Majority Leader Mitch McConnell insists. (AP Photo/Manuel Balce Ceneta)
May 26, 2020 - 3:30 pm
WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small business aid in hopes of helping employers reopen shops and survive the pandemic. Bipartisan legislation that would give small employers more time to take...
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The logo of French carmaker Renault is pictured at the Flins plant of French carmaker Renault in Aubergenville, west of Paris, Monday, May 25, 2020. French President Emmanuel Macron is set to unveil sweeping new measures to rescue France's car industry, hammered by virus lockdown and the resulting recession. The issue is politically sensitive, since France is proud of its auto industry, which employs 400,000 people and is an important part of the country's remaining manufacturing sector. (AP Photo/Christophe Ena)
May 26, 2020 - 2:53 am
PARIS (AP) — French President Emmanuel Macron is set to unveil on Tuesday new measures to rescue the country's car industry, which has been hammered by the virus lockdown and the resulting recession. Macron tweeted that the government’s support for the national car industry, which includes brands...
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May 25, 2020 - 8:49 am
FRANKFURT, Germany (AP) — German airline Lufthansa said Monday it has received approval for a 9 billion-euro ($9.8 billion) "stabilization package” from a government support fund to keep the company going through the turbulence from the coronavirus outbreak, but cautions the deal has not been...
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A man looks at signs of a closed store due to COVID-19 in Niles, Ill., Thursday, May 21, 2020. More than 2.4 million people applied for U.S. unemployment benefits last week in the latest wave of layoffs from the viral outbreak that triggered widespread business shutdowns two months ago and sent to economy into a deep recession. (AP Photo/Nam Y. Huh)
AP News
May 21, 2020 - 4:31 pm
WASHINGTON (AP) — The number of Americans applying for unemployment benefits in the two months since the coronavirus took hold in the U.S. has swelled to nearly 39 million, the government reported Thursday, even as states from coast to coast gradually reopen their economies and let people go back...
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In this photo taken on Saturday, May 9, 2020, a patient suspected of having the coronavirus infection breathes with the aid of an oxygen mask at the regional hospital in Chernivtsi, Ukraine. The hospital lacks a centralized oxygen supply and has to rely mostly on refillable oxygen masks, reflecting a pitiful state of Ukraine's underfunded health care system that was quickly overwhelmed by the coronavirus even with a relatively low number of infections. (AP Photo/Evgeniy Maloletka)
May 18, 2020 - 2:14 am
CHERNIVTSI, Ukraine (AP) — A breathing machine at a Ukrainian hospital breaks down, leaving a coronavirus patient gasping helplessly for air. Dr. Olha Kobevko rushes from room to room to see if there is an electrician among her other patients who can fix it. Eventually, she figures out a way to get...
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FILE - In this May 12, 2020, file photo, a teacher removes students’ artwork from a bulletin board as she packs the art in her kindergarten classroom at an elementary school in Olathe, Kan. The coronavirus is proving ruinous to state budgets, forcing many governments to consider once-unthinkable cuts to schools, universities, health care programs and a wide array of other basic functions. (AP Photo/Charlie Riedel, File)
AP News
May 13, 2020 - 7:00 pm
As the nation enters a third month of economic devastation, the coronavirus is proving ruinous to state budgets, forcing many governments to consider deep cuts to schools, universities, health care and other basic functions that would have been unthinkable just a few months ago. Many states expect...
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May 11, 2020 - 4:45 pm
LAS VEGAS (AP) — Governors and legislative leaders from five western states that are coordinating their response to the coronavirus outbreak asked Congress on Monday to send $1 trillion to state and local governments across the U.S. in the next federal aid package. Officials from California,...
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