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Saturday, April 25, 2020

U.S. airlines receive additional $9.5 billion in payroll support: Treasury

The U.S. Treasury Department has disbursed $9.5 billion in additional funds from the Payroll Support Program to U.S. air carriers, bringing to $12.4 billion the amount of funds provided to the sector hit hard by the coronavirus pandemic, the department said on Saturday.


from Reuters: Business News https://ift.tt/3eSfyBJ

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Typhoo Tea teeters on the brink of administration

The loss-making firm is attempting a turnaround amid a break-in and fire at its former factory. from BBC News https://ift.tt/GcCuKjJ