Latest Government aid for industry News

Aircrafts of the German airline Lufthansa are parked at the airport in Munich, Germany, Tuesday, May 26, 2020. Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. (AP Photo/Matthias Schrader)

$10 billion bailout for Germany's Lufthansa passes hurdle

May. 30, 2020 4:50 AM EDT

BERLIN (AP) — German flagship airline Lufthansa agreed Saturday to a compromise worked out between the government and the European Union, overcoming a major hurdle toward final approval of a 9 billion-euro ($10 billion) bailout from Berlin. Lufthansa said in a statement it had agreed to the compromise...

Landlords lining up to evict hundreds once freeze expires

May. 30, 2020 3:01 AM EDT

TAMPA, Fla. (AP) — In the seven weeks since Gov. Ron DeSantis issued an executive order to protect people from losing their homes during the coronavirus pandemic, hundreds of eviction cases have stacked up in Florida courts, waiting for the order to lapse. They include more than 250 in Hillsborough County...

Technicians of the German airline Lufthansa work on an aircraft at the airport in Munich, Germany, Tuesday, May 26, 2020. Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. (AP Photo/Matthias Schrader)

EU says conditions needed in Lufthansa bailout, seeks deal

May. 29, 2020 9:36 AM EDT

BRUSSELS (AP) — The EU competition chief said Friday that she is not “creating extra hurdles" for Lufthansa after the airline balked at accepting a 9 billion-euro German government rescue package because of what it said were tough EU conditions. Margrethe Vestager said that EU rules require bailouts...

In this photo provided by the Michigan Executive Office of the Governor, Gov. Gretchen Whitmer speaks during a news conference Thursday, May 28, 2020, in Lansing, Mich. Whitmer urged the federal government to give the state more flexibility to spend coronavirus rescue aid to fill budget shortfalls and to pass another round of relief funding. (Michigan Executive Office of the Governor via AP)

Whitmer: Congress can prevent deep cuts; K-12 is priority

May. 28, 2020 10:14 PM EDT

LANSING, Mich. (AP) — Gov. Gretchen Whitmer said Thursday that protecting K-12 funding is her priority as Michigan seeks a federal bailout to avoid steep spending cuts during the pandemic, and her budget director signaled the next state budget won't be complete by a July 1 deadline. The state is facing a...

House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington, Thursday, May 28, 2020. (AP Photo/Carolyn Kaster)

House approves changes to business virus aid subsidy program

May. 28, 2020 3:59 PM EDT

WASHINGTON (AP) — The House gave sweeping bipartisan approval Thursday to legislation to modify a new “paycheck protection” program for businesses that have suffered COVID-related losses, giving them more flexibility to use federal subsidies for other costs and extending the lifespan of the...

In this May 20, 2020, file photo, House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington. Congress is at a crossroads in the Covid-19 crisis. Lawmakers are wrestling over whether to “go big” as Pelosi wants for the next relief bill or hit “pause” as Senate Majority Leader Mitch McConnell insists. (AP Photo/Manuel Balce Ceneta)

Congress shifts attention to overhauling small-business aid

May. 27, 2020 12:16 AM EDT

WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small-business aid in hopes of helping employers reopen shops and survive the pandemic. Bipartisan legislation that would give small employers more time to take advantage...

In this May 20, 2020, file photo, House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington. Congress is at a crossroads in the Covid-19 crisis. Lawmakers are wrestling over whether to “go big” as Pelosi wants for the next relief bill or hit “pause” as Senate Majority Leader Mitch McConnell insists. (AP Photo/Manuel Balce Ceneta)

Deadlocked Congress shifts virus focus to small business aid

May. 26, 2020 6:31 PM EDT

WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small business aid in hopes of helping employers reopen shops and survive the pandemic. Bipartisan legislation that would give small employers more time to take advantage...

French President Emmanuel Macron, center, wearing a protective face mask, listens to explanations by an employee as CEO of France-based multinational automotive supplier Valeo Jacques Aschenbroicha looks on, in Etaples, , northern France, Tuesday May 26, 2020. Emmanuel Macron announced a 8 billion euro ($8.8 billion) plan to save the country's car industry from huge losses wrought by virus lockdowns, including a big boost for electric vehicles. The plan includes government subsidies for car buyers and longer-term investment in innovative technology, especially in battery-powered cars. (Ludovic Marin, Pool via AP)

France deploys $8.8 billion to rescue ailing car industry

May. 26, 2020 4:01 PM EDT

PARIS (AP) — France’s government is injecting more than 8 billion euros ($8.8 billion) to save the country’s car industry from huge losses wrought by virus lockdowns, and wants to use the crisis to make France the No. 1 producer of electric vehicles in Europe. Starting next week, consumers...

Sen. Ellis Black, R - Valdosta, presents SB 117, relating to Public Retirement Systems Standards Law, which passed in Atlanta on Feb. 3, 2020. The Senate was in session this morning as the Georgia 2020 General Assembly continued for it's tenth legislative day. (Bob Andres/Atlanta Journal-Constitution via AP)

Senators float idea of making state employees work for less

May. 26, 2020 1:50 PM EDT

ATLANTA (AP) — With the prospect that reduced money is likely to mean reduced services, a couple of Georgia state senators are wondering whether state employees could be made to do the same work for less money. Typically, agencies furlough workers when they cut salaries. Being sent home without pay doesn't...

FILE - In this Monday, May 4, 2020 file photo, aircraft of German Lufthansa airline are parked on a runway at the airport in Frankfurt, Germany. German airline Lufthansa said Monday May 25, 2020, it has received approval for a 9 billion-euro ($9.8 billion)

Germany approves 9 billion euro aid package for Lufthansa

May. 25, 2020 1:19 PM EDT

FRANKFURT, Germany (AP) — Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. But officials said Berlin was still in talks with the European Union's executive commission...