Day: September 10, 2020

Kudlow Expects Trump Administration to Unveil Aid for Airlines in Weeks | Investing News

WASHINGTON (Reuters) – White House economic adviser Larry Kudlow on Friday said he thinks the Trump administration will in a matter of weeks unveil additional aid for U.S. airlines, which have been dealt a blow by a coronavirus pandemic that has grounded most flights.

“If they need additional assistance, we stand ready to work with them to hammer out additional packages,” Kudlow told Bloomberg TV in an interview.

Airlines received $25 billion in U.S. government stimulus funds in March meant to cover payrolls and protect jobs through September. Congress also approved another $25 billion in loans for airlines but much of the money has not been tapped.

As bailout money runs out without a travel recovery in sight, airlines and unions have lobbied Washington for another $25 billion. But talks have stalled as Congress has struggled to reach agreement on a broader coronavirus assistance package, despite significant bilateral support for

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Have Insiders Been Buying Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Shares?

TipRanks

Wells Fargo: 3 Stocks That Could Climb Over 50%

A speculative fever from the bulls pushed the market to historic heights, but have the bears now been vindicated? Following a record breaking five-month rally, stocks have dipped from their record highs. The recent decline had been preceded by warnings, which had been making the rounds for weeks, that a reality check was overdue. Weighing in for Wells Fargo, senior global equity strategist Scott Wren stated, “We have not had much give back in this gigantic run that we’ve had. So inevitably the stock market sell-off was bound to happen.” This, however, is not to say that exciting plays can’t be found in the current financial environment. “Certainly, pullbacks are opportunities in our minds,” the strategist explained.Taking Wren’s strategy to heart, the analysts at Wells Fargo are pounding the table on three stocks. According to these pros, each could gain

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BXS Insurance Named to National “Best Places to Work in Insurance” List for the Second Consecutive Year

BATON ROUGE, La., Sept. 8, 2020 /PRNewswire/ — BXS Insurance, Inc., a subsidiary of BancorpSouth Bank (NYSE: BXS), has been named one of the “Best Places to Work in Insurance” by Business Insurance magazine for the second consecutive year. This national award recognizes employers’ efforts to establish a workplace where employees can enjoy their day-to-day work, reach their career potential and contribute to their organization’s success.

“Our employees have displayed tremendous adaptability and resilience this year,” said Markham McKnight, president and CEO of BXS Insurance. “We have leaders at every position who have ensured our viability and that we are making strides together. This honor from Business Insurance validates our efforts of continuing to make BXS Insurance a welcoming, inclusive and fulfilling work environment.”

Best Places to Work in Insurance is an annual feature presented by Business Insurance and Best Companies Group that lists the agents, brokers, insurance

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