COVID-19 Economic Impact Payments: What You Need to know

COVID-19 Economic Impact Payments: What You Need to know

Washington, DC… The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others who typically do not file returns will need to submit a simple tax […]

Jobless Claims Soar to 3,283,000 as Coronavirus Strikes Jobs Market

Jobless Claims Soar to 3,283,000 as Coronavirus Strikes Jobs Market

Washington, DC…During the week ending March 21, the increase in initial claims are due to the impacts of the COVID-19 virus. Nearly every state providing comments cited the COVID-19 virus impacts. States continued to cite services industries broadly, particularly accommodation and food services. Additional industries heavily cited for the increases included the health care and […]

McConnell on Bipartisan Coronavirus Relief: “The Senate Stepped Up” as Senate Passes $2 Trillion Stimulus Bill 96-0

McConnell on Bipartisan Coronavirus Relief: “The Senate Stepped Up” as Senate Passes $2 Trillion Stimulus Bill 96-0

Washington, DC…U.S. Senate Majority Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the Coronavirus Aid, Relief, and Economic Security (CARES) Act: “It has only been 65 days since the first American tested positive for the new coronavirus on our soil. “In barely two months, this pandemic has upended our […]

IOC Postpones Summer Olympics till 2021, “The Olympic Flame Can Become The Light at The End of This Dark Tunnel”

IOC Postpones Summer Olympics till 2021, “The Olympic Flame Can Become The Light at The End of This Dark Tunnel”

Lausanne, Switzerland…We at the IOC, but I can also say after the phone call with Prime Minister Abe, our Japanese partners and friends, we are not only aware of the seriousness of this global pandemic, but also, and even more importantly, what it is doing to people’s lives. We are in fact very worried about […]

Tax Day Now July 15: Treasury, IRS Extend Filing Deadline and Federal Tax Payments Regardless of Amount Owed

Tax Day Now July 15: Treasury, IRS Extend Filing Deadline and Federal Tax Payments Regardless of Amount Owed

Washington, DC… The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, regardless of the amount owed. […]

Federal Reserve Announces Extensive New Measures to Support the Economy

Federal Reserve Announces Extensive New Measures to Support the Economy

Washington, DC…The Federal Reserve is committed to using its full range of tools to support households, businesses, and the U.S. economy overall in this challenging time. The coronavirus pandemic is causing tremendous hardship across the United States and around the world. Our nation’s first priority is to care for those afflicted and to limit the […]

All Vail Resorts Will Close from March 15 – March 22 Says CEO Rob Katz

All Vail Resorts Will Close from March 15 – March 22 Says CEO Rob Katz

Broomfield, CO…This has no doubt been an incredibly challenging time. With 37 resorts spread across 15 states and three countries, we – like the rest of the world – have been closely tracking every new development related to coronavirus (COVID-19) and have been in constant contact with local health officials for guidance. Without question, our […]

Roche’s Rapid Test to Detect Novel Coronavirus Receives FDA Emergency Use Authorization

Roche’s Rapid Test to Detect Novel Coronavirus Receives FDA Emergency Use Authorization

Basel, Switzerland…Roche today announced that the U.S. Food and Drug Administration (FDA) has issued an Emergency Use Authorization (EUA) for the cobas® SARS-CoV-2 Test. It is intended for the qualitative detection of SARS-CoV-2, the virus that causes COVID-19 disease, in nasopharyngeal and oropharyngeal swab samples from patients who meet COVID-19 clinical and/or epidemiological criteria for […]

Quest Diagnostics Launches Coronavirus Disease 2019 (COVID-19) Test. Started Receiving Specimens March 9th

Quest Diagnostics Launches Coronavirus Disease 2019 (COVID-19) Test.  Started Receiving Specimens March 9th

Secaucus, NJ…Quest Diagnostics (NYSE: DGX), the world’s leading provider of diagnostic information services, has launched a coronavirus (COVID-19) test service. The new test service aids the presumptive detection of nucleic acid in respiratory specimens of patients meeting CDC’s clinical criteria for COVID-19 testing. Quest was in position to receive specimens for testing, and begin to […]

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