More than 36 million US residents have filed for unemployment benefits since mid-March when the outbreak caused large segments of the economy to stall. Other economic experts have predicted the future via letter shapes , from an optimistic V-shape, predicting a steep recovery, to the L-shape predicting a long, slow trudge through recession.
The inquiry motion does not mention the origins of the coronavirus , but does call on the "actions of World Health Organization and their timelines pertaining to the COVID-19 pandemic" to be among the issues examined. Birmingham stated though Australia is open for dialogue and authorities to authorities communication continues to be occurring, China is but to accommodate his request for a name with his counterpart.
Since the disagreement between Tesla and Alameda County gained national attention, officials from such states as Texas, Nevada, Georgia, Utah and Oklahoma have pitched Musk about considering their state for existing operations or for a new factory the company has promised.
Shares of Alphabet (GOOGL ) fell about 1.5% in after-hours trading. Both the Justice Department and the state attorneys general coalition have been investigating various parts of Google's business including advertising, search, and Android .
The low cost batteries will make the cost of making electric cars cheaper than gas cars and will enable Tesla to slash the price of its electric cars worldwide giving Tesla a competetive edge. The American electric carmaker also plans to implement new high-speed, automated battery manufacturing processes created to reduce labour costs. The automaker also has said it wants to supply electricity to consumers and businesses, but has not provided details.
Last month, the SBA said that they "intend to post individual loan data in accordance with the information presently on the SBA.gov website after the loan process has been completed". (Shake Shack and the Lakers returned the money.) But there was confusion about eligibility, and some firms said they returned their loans "out of an abundance of caution" even if they believed they qualified for it.