Fed aims ‘bazooka’ at coronavirus to backstop economy
The U.S. Federal Reserve on Monday rolled out an extraordinary new array of programs aimed at blunting the “severe disruptions” to the economy caused by the coronarvirus outbreak, backstopping an unprecedented range of credit for households, small busi…
U.S. Senate looks to strike deal on massive coronavirus relief package
Republicans and Democrats in the U.S. Senate struggled to reach agreement on a far-reaching coronavirus stimulus package on Monday after failing to reach a deal in talks that stretched through the weekend.
Trump aims to decide economic course on coronavirus at end of 15-day plan
President Donald Trump is privately expressing concern at the damage the coronavirus shutdown is doing to the U.S. economy and is debating whether it can be safely reopened, two sources familiar with the situation said on Monday.
U.S. Supreme Court tosses ruling that revived comedian’s racial bias suit against Comcast
The U.S. Supreme Court on Monday threw out a lower court’s ruling that had given the green light to comedian-turned-media entrepreneur Byron Allen’s $20 billion racial bias lawsuit against Comcast Corp that accused the cable television operator of disc…
U.S. Supreme Court lets states bar insanity defense
The U.S. Supreme Court on Monday limited the rights of criminal defendants, declaring that states can bar them from using the so-called insanity defense in a ruling involving a Kansas man sentenced to death for killing four members of his family.
PG&E to plead guilty to 84 involuntary manslaughter counts over 2018 wildfire
Pacific Gas & Electric has agreed to plead guilty to 84 involuntary manslaughter counts in connection with the 2018 Camp Fire, the most destructive wildfire in California’s history.
U.S. surgeon general says coronavirus outbreak ‘to get bad’ this week
The U.S. surgeon general issued his starkest warning to date on Monday about the health risk posed by the coronavirus outbreak, warning Americans that the crisis was “going to get bad” this week.
Under the gun, U.S. Senate looks to strike deal on coronavirus relief package
With the coronavirus pandemic in the United States intensifying, Senate Democrats and Republicans will scramble on Monday to come to an agreement on a far-reaching $1 trillion-plus coronavirus stimulus package after a procedural vote to advance the mea…
PG&E utility to plead guilty to involuntary manslaughter over 2018 fire
PG&E Corp said on Monday its utility unit agreed to plead guilty to 84 involuntary manslaughter counts in connection with the 2018 Camp Fire, the most destructive fire in California’s history.
PG&E to plead guilty on involuntary manslaughter charges
PG&E Corp said on Monday it has agreed to plead guilty to 84 counts of involuntary manslaughter in a settlement with the Butte County district Attorney’s office in California for the utility’s role in the deadly wildfires that ravaged the state and pushed the company into bankruptcy.
