LOS ANGELES, April 28 — The Los Angeles Lakers have returned about US$4.6 million (RM20 million) obtained from a US government program meant to help small businesses recover from the coronavirus pandemic shutdown, ESPN reported Monday. The NBA club, valued by Forbes magazine at US$4.4 billion,...
Los Angeles Lakers forward LeBron James reaches for a rebound during the second half against the Brooklyn Nets at Barclays Centre in New York January 23, 2020. — Picture by Vincent Carchietta-USA TODAY Sports via Reuters
“The Lakers qualified for and received a loan under the Payroll Protection Program,” ESPN reported the Lakers said in a statement. The program was part of a US$2.2 trillion federal initiative aimed at helping small businesses cover employee salaries, rents and other expenses while being forced to shut their doors to prevent the spread of the deadly virus.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore reports 931 new Covid-19 cases, taking total to 13,624 | Malay MailSINGAPORE, April 26 — Singapore registered 931 new coronavirus infections, its health ministry said today, taking the city-state's total number of Covid-19 cases to 13,624. The vast majority of the new cases are migrant workers living in dormitories, the health ministry said in the statement....
Read more »
Singapore races to build beds for Covid-19 patients as cases surge | Malay MailSINGAPORE, April 26 — Singapore is rapidly building bed space for coronavirus patients in cavernous exhibition halls and other temporary facilities as it faces a surge in cases, mainly among its large community of low-paid migrant workers. The tiny city-state of 5.7 million people has over 12,000...
Read more »
Major companies taking austerity measures due to Covid-19 pandemic | Malay MailKUALA LUMPUR, April 26 — More local corporates have started to implement austerity measures to enable them to sustain their operations during the partial lockdown imposed by the government to curb the Covid-19 pandemic. Aside from the pandemic, companies are seen to be cautious on other...
Read more »
Bangladesh textile workers flout Covid-19 lockdown to demand wages | Malay MailDHAKA, April 26 — Hundreds of textile workers in Bangladesh’s capital Dhaka took to the streets today demanding wages, flouting social distancing norms amid a nationwide lockdown to control the coronavirus pandemic. The second-largest apparel producer after China, Bangladesh is set to lose...
Read more »
Germany says China sought to encourage positive Covid-19 comments | Malay MailBERLIN, April 26 — Chinese diplomats approached German government officials in an attempt to encourage them to make positive statements on how Beijing is handling the coronavirus pandemic, the German interior ministry said in a letter this month. “The German government is aware of individual...
Read more »
Ghostly airports and easy security checks: Air travel in the time of Covid-19 | Malay MailNEW YORK, April 27 — Ghostly airports, countless flight cancellations, shops and restaurants closed: the coronavirus has played havoc with air travel in the United States. Following are some scenes witnessed by AFP journalists during the unusual experience of flying from South Dakota to...
Read more »