Donald Trump wearing a suit and tie looking at the camera: Getty


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Getty

  • President Donald Trump appeared to change course Tuesday and called on Congress to pass standalone coronavirus spending bills — hours after ending negotiations with Democrats for comprehensive relief legislation.
  • He urged lawmakers to approve measures for $1,200 relief payments, small-business aid, and direct assistance to prevent airline layoffs.
  • He said he would immediately sign such bills, but House Speaker Nancy Pelosi and top Democrats have rejected previous Republican attempts to pass standalone bills.
  • Visit Business Insider’s homepage for more stories.

Only hours after unexpectedly ending negotiations on another federal coronavirus rescue package, President Donald Trump on Tuesday night urged Congress to pass standalone bills on direct payments and assistance to airlines and small businesses — all measures that would most likely have been included in the larger piece of legislation that was being negotiated between the White House and Democrats.

Major US airlines are moving to layoff

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Donald Trump wearing a suit and tie looking at the camera: Getty


© Getty
Getty

  • President Donald Trump appeared to change course and called on Congress to pass standalone stimulus bills — hours after ending coronavirus aid negotiations with Democrats.
  • He urged lawmakers to approve measures for $1,200 stimulus checks, small business aid, and direct assistance to airlines to prevent layoffs.
  • He said he would immediately sign those bills, but House Speaker Nancy Pelosi and top Democrats previously rejected Republican attempts to pass standalone bills.
  • Visit Business Insider’s homepage for more stories.

 

Only hours after unexpectedly ending negotiations on another federal coronavirus rescue package, President Donald Trump urged Congress to pass standalone bills on direct payments and assistance to airlines and small businesses — all measures that would have likely been included in the larger piece of legislation that was being negotiated between the White House and Democrats.

Major airlines are moving to layoff 32,000 workers in the coming weeks, and it

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  • In two emails sent internally this weekend, Palantir Technologies blamed Morgan Stanley for a “failure” that left some employee and alumni shareholders unable to sell their shares when the company made its public debut last Wednesday.
  • The problem stemmed from a glitch with Morgan Stanley’s trading platform Shareworks.
  • In an unsigned email sent late in the evening Sunday, Palantir said it had heard from Morgan Stanley that the bank was in a “war room” all weekend working to determine which shareholders were owed compensation. 
  • A spokesperson for Shareworks at Morgan Stanley said the issue was a “slowness” that “may have resulted in delayed logins into our system.”
  • Visit Business Insider’s homepage for more stories.

Palantir placed blame squarely on Morgan Stanley following a glitch in the bank’s trading software Shareworks on Wednesday, according two unsigned emails sent to “Palantirians” on Saturday and Sunday, which were obtained by Business Insider.

That

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Recently I was putting some cash to work, so decided to have a look at a couple of shares I have liked in recent months to see the entry point. Specifically, I looked at, amongst others, the British insurer Direct Line (OTCPK:DIISY, OTC:DIISF) which I had most recently written about in a positive note after it restored its cancelled dividend a couple of months ago (Direct Line: Dividend Restoration Bodes Well). However, when dug into the company’s recent profile, I decided against investing at this time (instead I added to my Exxon position). Below I set out why I have turned less bullish on the name.

Directors are Selling Lots of Shares and Buying None

What really struck me about the name is the amount of director selling in recent months. Looking back over the past twelve months, I don’t see a single director purchase listed. However, there have been

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Time is running out, but if a new stimulus bill is authorized prior to the Nov. 3 election, a second stimulus check that’s similar to the first round could still happen in 2020.



Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET


© Provided by CNET
Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET

On Thursday, The House of Representatives passed a slimmed-down version of its Heroes Act, but it’s not expected to be picked up in the upper chamber by Senate Majority Leader Mitch McConnell. However, parallel talks to reach a bipartisan agreement for a different piece of legislation continue, and you may have many questions about what’s happening at the moment — or how the first check was handled.

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If you’re looking for information about how President Donald Trump’s hospitalization with COVID-19 could affect the coronavirus package negotiations, we discuss that here.

This hub is designed to

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It’s coming down to the wire, but if new coronavirus relief legislation is approved before the Nov. 3 election, a second stimulus payment that resembles the first round could still be in the cards this year.



Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET


© Provided by CNET
Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET

On Thursday, the House of Representatives passed a slimmed-down version of its Heroes Act, but Senate Majority Leader Mitch McConnell is not expected to pick it up in the upper chamber. However, separate negotiations to reach a bipartisan agreement are continuing, and you may have many questions about what’s happening right now — or what the finer points are on the first check.



As part of the stimulus package, you may get payment from the government.


© Angela Lang/CNET

As part of the stimulus package, you may get payment from the government.


This hub aims to answer the most common stimulus check questions, including how much you could

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A total of 29 companies entered the public market this past week, the most ever in a single week. The week’s 11 IPOs were joined by 15 SPACs and three direct listings.

Notable new IPO filings included TPG-backed antivirus provider McAfee (MCFE), Vista Equity’s IT software provider Datto (MSP), and three mortgage companies.

We also released our 3Q US Review, and updated our blog post on SPAC performance.

Data analytics unicorn Palantir (PLTR) opened 38% above its reference price, beginning trading at $10 for an implied $22.2 billion market cap. Work management SaaS Asana (ASAN) opened 29% above the reference price with its first trade at $27, implying a $5.0 billion market cap. Both deals had healthy volume on day one. While recent software IPOs have outperformed, the high-growth large-loss direct listings weren’t able to find support in the public market, and traded off from their opens. From their opening

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Scott O Hirsch Shares 3 Tips for Small Businesses on Digital Marketing

DELRAY BEACH, FL / ACCESSWIRE / October 2, 2020 / Small businesses are often running lean, understaffed, overworked, and strapped for cash. That’s why you want to make sure that you as the business owner are taking advantage of every efficiency and opportunity for savings, states Scott O. Hirsch. Enter digital marketing.

If you’re not already on Facebook, Instagram, and/or LinkedIn you should do so immediately. Millennials are no longer the upcoming consumer generation – they’re in their 30s and Gen Z is on the rise. And having grown up with technology from birth, if they can’t find you online and digest your brand quickly and easily, you may as well not exist.

But digital marketing is more than just social media warns, Scott O. Hirsch and founder of Media Direct – a worldwide media solutions provider.

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A second stimulus check may resemble the last round of direct payments, if new coronavirus relief legislation is authorized before the Nov. 3 election. The road to that stimulus package just took an interesting turn, as the House of Representatives passed a slimmed-down version of its Heroes Act on Thursday night, as a follow-up proposal to the CARES Act from March.



Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET


© Provided by CNET
Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET

While we wait and watch to see how the negotiations for a bipartisan bill unfold, we’ve created this hub to answer your stimulus check questions, including how much you might get paid for your whole family if there’s a second check (try the stimulus calculator for an estimate), how dependents will factor in and who may be eligible. And we’ll also help you if you’re a non-filer — you may

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  • Democrats passed a $2.2 trillion stimulus plan that contained another round of direct payments, federal unemployment benefits, and small business aid.
  • But Republicans are likely to reject the package in the Senate.
  • The Trump administration put forward a $1.6 trillion plan in negotiations with Democrats, but they rebuffed it as insufficient.
  • Bipartisan talks between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are set to continue.
  • Visit Business Insider’s homepage for more stories.

House Democrats passed a $2.2 trillion stimulus plan to send aid to individuals, businesses, and states on Wednesday, advancing a bill that has no shot at becoming law due to staunch Republican opposition.

The legislation passed by a party-line vote of 214-207. The margin was slim with 18 centrist Democrats voting against it since they objected to the lack of GOP votes. It’s been five months since the House approved a $3.4 trillion virus aid plan

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