Politics Rumors

They’ve kicked in on the medical side as well. With New York in dire need of ventilators and other medical supplies to help treat COVID-19 patients, the Alibaba Group helped facilitate significant shipments to the state. It didn’t go unnoticed or unappreciated by Gov. Andrew Cuomo. “We discussed supplies. I want to thank Michael Evans from Alibaba, who is here with us today,” Cuomo said at Monday’s press briefing. “I want to thank Elizabeth Jennings [the chief of staff] from the Asia Society, who is here with us today, who are helping us source supplies.“
As part of the $2 trillion coronavirus relief bill, President Donald Trump signed on Friday, $350 billion is set aside for small business loans. The money can be used to help business owners cover salary, wages, and benefits, worth 250% of an employer’s monthly payroll, with a maximum loan of $10 million. Sports franchises that have less than 500 employees are eligible, according to Dallas Mavericks owner Mark Cuban, who added the bill’s feature is “the right thing to do.”
Cuban seeks a plan that ensures workers of small- and medium-sized businesses and independent contractors will get “the comfort that they will continue to have a job and get paid,” he told USA TODAY Sports in an email interview. I asked Cuban what is motivating him during this time. His answers were honest, earnest, reflective and hopeful. “It’s the right thing to do,” Cuban wrote. “Healthcare workers are putting their lives on the line to help if not save us, how can we not help?”