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Carlina Teteris Business owners have been eagerly anticipating a $349 billion loan program meant to cushion the economic blow of the coronavirus pandemic. Some will have to wait a little longer. The Paycheck Protection Program, which officially opened for borrowers Friday morning, provides up to $10 million in forgivable loans to small businesses with 500
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Leaning on his experience as a restaurant owner, CNBC’s Jim Cramer said Friday the U.S. government has an obligation to aid small businesses that are shut down during the coronavirus pandemic. “I had a business that was closed. It was doing great, and then one day I learned I was closed,” Cramer said on “Squawk on the Street.”
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Hardware engineering is mostly document-based. A typical satellite might be described in several hundred thousand PDF documents, spreadsheets, simulation files and more; all potentially inconsistent between each other. This can lead to costly mistakes. NASA lost a $125 million Mars orbiter because one engineering team used metric units while another used English units, for instance.
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FILE PHOTO: Britain’s Queen Elizabeth II leaves after the annual Commonwealth Service at Westminster Abbey in London, Britain March 9, 2020. REUTERS/Henry Nicholls/File Photo LONDON (Reuters) – Britain’s Queen Elizabeth II will make an extremely rare nationwide address to the nation on Sunday as it grapples with an increasingly deadly coronavirus outbreak. “Her Majesty The
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Volunteers dressed in protective suits, masks, gloves and goggles carrying blood and throat mucous samples to test for COVID-19 on March 27, 2020 in Berlin, Germany. Sean Gallup | Getty Images This is a live blog. Please check back for updates. Global cases: More than 1,011,000.  Global deaths: At least 52,800.  Top 5 countries: United States (242,182),
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Hedge fund manager Mark Yusko is telling investors to brace for a nearly once in a lifetime downturn. The Morgan Creek Capital Management CEO and CIO sees the Great Depression as the closest comparison to what’s happening to the coronavirus ravaged economy.  “The economic shock wave that’s coming is going to be like nothing that
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