Tag Archives: stimulus package

Potential Coronavirus Vaccine Starts Large-Scale Test

The drug company Moderna has started a large-scale test of its vaccine. This is the third and final test and it will determine whether or not the vaccine can actually prevent someone from becoming infected with the coronavirus. The last test was to find out what side effects the vaccine might produce. The new test may involve as many as ...

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The Next Coronavirus Relief Bill

As the Senate starts to discuss the details of a new economic relief bill, Senate Majority Leader Mitch McConnell (R-Ky.), has revealed some of the details that the Republicans want in it. These details are what the Republicans will introduce to the floor for discussion, but the final details have yet to be worked out. During the preparation of this ...

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Pilots Ready to Leave Delta and Southwest Airlines

Pilots from Delta Air Lines and Southwest Airlines have made it known to the respective companies that they want to get packages for early departures. Earlier, as many as 1,700 pilots in the union were looking for an early out program, but this has risen to more than 2,200 since Friday. Delta had offered not to furlough pilots if they ...

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Cruise Ships to Remain Idle Through September

Because of the rapid spreading of coronavirus, the CDC has extended the no sail date for all cruise ships sailing from or to U.S. shores. The current ‘no sail’ order would have expired on July 24, but it has been extended through September 30. The order forbids any new passengers or crew to be admitted to any cruise ship from ...

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Moderna Enters Phase 3 – Closer to Becoming COVID Vaccine

The drug company Moderna has successfully passed Phase 2 of its drug tests for a coronavirus vaccine. The company says that it is ready to start Phase 3 sometime in July. One unique feature of the potential vaccine is that it does not expose people to the actual vaccine but only to specific proteins in it. The company is looking ...

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Financial Relief for Businesses Still Available

After the deadline was met on Tuesday (June 30) for businesses to apply for financial help from the Paycheck Protection Program, the House wanted to extend it a second time. The new deadline is August 8. There is still about $130 billion left in the program for businesses to access. The money is available on a completely forgivable basis if ...

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The Second Economic Stimulus Package – Who Will Get Money From It?

As Congressional discussions for the second round of the economic stimulus package continues, some features look like they are going to stay in the package. It has now passed the Senate by a unanimous vote and has been handed over to the House where it will no doubt be debated further and changed or amended. President Trump has already said ...

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