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Stock impact report

For Airlines And Treasury Decision Time Looms, With Jobs And Maybe The November Elections In The Balance [Forbes]

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: Forbes
While many Americans watch the daily dose of depressing COVID-19 numbers, airline interests and leaders of other industries are watching to see what the final numbers will be for the government’s financial rescue of the nation’s gasping passenger airlines.On Friday, the Treasury Department threw the airlines a monster curveball. Instead of offering $25 billion in grants to cover payroll for airlines that agree not to lay off employees through Sept. 30, plus up to $25 billion in low interest loans, Treasury said it now plans to cap the grants at just $17.5 billion, with the remaining $7.5 billion inpayroll support taking the form of loans that would be securedTreasure Secretary Steven Mnuchin, shown with President Donald Trump and Vice President Mike Pence... [+]after a March 10 lunch at the Capitol with Senate Republicans, is offering tougher financial aid terms to U.S. airlines than Congress suggested. (Andrew Harrer/Bloomberg)© 2020 Bloomberg Finance LPNow, even as airline labor lea Show less Read more
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