Trump: May Give Airlines Bailout Proposal Over the Weekend

Apr.09 — President Donald Trump says he may unveil a bailout proposal for the beleaguered U.S. airline industry over the weekend. Airlines have been frustrated by delays in U.S. aid after being virtually shutdown by the coronavirus. Some of those carriers are depending on federal funds to meet payroll obligations next week and face the prospect of furloughing workers. … Read more Trump: May Give Airlines Bailout Proposal Over the Weekend

Sternlicht Weighs In on Fed’s Emergency Measures, Economic Impact of Virus

Apr.09 — Barry Sternlicht, Starwood Capital Group Management chairman and chief executive officer, discusses the Federal Reserve’s emergency policy actions and the impact of the coronavirus pandemic on financial markets with Bloomberg’s Erik Schatzker on “Bloomberg Markets: The Close.”

Mark Cuban Says Some Banks ‘Actively’ Avoiding Small Business Loans

Apr.09 — Billionaire investor Mark Cuban, owner of the Dallas Mavericks, discusses the difficulties that small business owners face in getting loans from banks that are participating in the U.S. $349 billion government rescue package. He speaks with Bloomberg’s Sonali Basak on “Bloomberg Markets: European Close.”

Delays in Protecting Health Workers Took Too Long: Johns Hopkins’ Farley

Apr.09 — Johns Hopkins University Professor of Nursing Jason Farley discusses the shortfalls in supplies and protections for health care workers on the frontline of the coronavirus pandemic and patterns observed on how the virus has attacked some patients. He speaks on “Bloomberg Surveillance.” The Bloomberg School of Public Health is supported by Michael R. … Read more Delays in Protecting Health Workers Took Too Long: Johns Hopkins’ Farley

Sternlicht Says the Fed Is on the Way to Overstimulating

Apr.09 — Barry Sternlicht, Starwood Capital Group Management chairman and chief executive officer, cautions that the Federal Reserve’s policy actions run the risk of overstimulating the economy and says the market is ahead of itself on the slope of the recovery. He speaks during an interview with Bloomberg’s Erik Schatzker on “Bloomberg Markets: The Close.”