Business

Income tax filing deadline moved to July 15 from April 15

Mnuchin tweeted Thursday morning that at President Donald Trump' direction, "we are moving Tax Day from April 15 to July 15". Mnuchin is encouraging taxpayers who are due a refund to go ahead and file despite the delay, so they can get their checks more quickly.

Business

United Kingdom to cover 80% of wages of virus-hit workers

There would be further cashflow support for businesses through the tax system, with VAT payments deferred until the end of June. Another committee member and Labour MP Liz Kendall asked why the United Kingdom was "way behind" other countries in the generosity of support for the self-employed as many face a steep drop-off in work.

Business

Fact-checking Donald Trump on drug treatments for COVID-19

Hahn in a news conference with Trump on March 19 announced the FDA will make experimental drugs, including anti-malaria ones, available to coronavirus patients . In the meantime, if the drug show promise, the FDA says it will "engage with domestic manufacturers to ramp up production of this product to mitigate any potential supply chain pressures".

Business

Job openings: Walmart hiring 150,000 amid coronavirus pandemic, offers cash bonuses

Walmart is paying a one-time cash bonus to its hourly workers in the U.S. amid the coronavirus pandemic, the company said late Thursday. The announcement came a day after Walmart said it would trim store hours for the second time in less than a week to prevent the spread of COVID-19.

Business

Gillibrand endorses Biden for president

With infections of the new coronavirus rising, the state of OH postponed its primary scheduled for Tuesday to June. Sanders, Rep. Gabbard is throwing her support behind former Vice President Joe Biden . "Anybody who suggests that at this point, we are ending the campaign is not telling the truth". If Sanders and Biden want an immediate joint project, they can unite in pointing to the dangers to the election process itself, brought home by Gov.

Business

Trump Says He'd Support Limits on Bonuses, Buybacks in Stimulus

But minutes later, Stephen Hahn , the commissioner of the FDA, appeared to contradict the president, saying chloroquine "was undergoing clinical testing in order to gauge its effectiveness". Among them: chloroquine, a drug long used to treat malaria; remdesivir , an experimental antiviral that's being tried in at least five separate studies; and antibodies culled from the blood of COVID-19 patients when they recover.


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