About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “Senate Voting on Covid Stimulus Stalls Amid Talks on Unemployment Benefits” – below is their description.
While Senate Democrats had looked to have nailed down a deal on the amount and duration of supplemental unemployment benefits earlier in the day, talks continued Friday afternoon, with GOP involvement.
The negotiations held up the marathon of votes on amendments for more than three hours Friday afternoon.
Democrats continue to work within their caucus to make sure that none of their members would go along with Republican amendments that could sink the bill in the House. Chief among the issues: unemployment insurance benefits.
Earlier in the day, a Democratic agreement was unveiled to reduce weekly supplemental jobless benefits to $300 per week — from $400 in the House-passed legislation — and extend it through Oct. 4, compared with the end of August.
The deal including making $10,200 worth of jobless benefits tax-free.
Republican senators said Democrats are still working to line up support for that deal and to ward off an amendment from Ohio Republican Rob Portman to make the benefit $300 a week through July 18. It doesn’t address the tax issue.
“They are worried about losing on Portman,” John Thune, the Senate’s No. 2 Republican, said.
Key to the outcome could be West Virginia Democrat Joe Manchin, who has argued for stricter targeting of pandemic relief.
Texas Senator John Cornyn predicted Senate would pass the stimulus bill Saturday morning.Bloomberg Quicktake: Now YouTube Channel
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In This Story: COVID-19
Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.
Symptoms of coronavirus
The main symptoms of coronavirus are:
- a persistent new cough (non productive, dry)
- a high temperature (e.g. head feels warm to the touch)
- shortness of breath (if this is abnormal for the individual, or increased)
Latest News about Covid-19
Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.
5 Recent Items: COVID-19
In This Story: Democrats
“Democrats” usually refers to the The Democratic Party of the United States – one of the two major political parties in the country, along with its main, historic rival, the Republican Party.
It was founded on 8th January 1828 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Nancy Pelosi (Party leader) and Jaime Harrison (Party chair).