On Monday afternoon, Gov. Greg Abbott announced that businesses, including restaurants, will be able to reopen at 25 percent capacity on Friday, May 1. That’s just two days away. Even with the state’s minimum health protocols, several unknowns remain …
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(Reuters) – Exxon Mobil Corp on Wednesday maintained its quarterly dividend, a move closely watched by investors at a time when the oil industry faces a slump in demand and prices as the coronavirus pandemic puts a break on economic activity.
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WASHINGTON – Roughly half of all laid-off workers in the United States could reportedly make more money in unemployment benefits than they did at their job prior to the coronavirus pandemic. The outbreak of COVID-19 shut down a wide swath of …
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“It may well be the case that the economy will need more support from all of us if the recovery is to be a robust one,” Fed Chair Jerome Powell said. The Fed said it intends to keep the benchmark between 0% to 0.25% “until it is confident that the economy has …
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iRobot will no longer launch the Terra robot lawn mower in 2020. iRobot. iRobot has suspended plans to launch its Terra robot lawn mower. Citing the market impact of the coronavirus, a company spokesman told CNET that iRobot will “increase focus on its …
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