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A Manhattan federal judge ruled Monday that he won’t let Tekashi 6ix9ine’s kidnapper out of prison amid the coronavirus outbreak. Attorneys for Anthony “Harv” Ellison had asked Judge Paul Engelmayer to release their client from the Metropolitan Correctional Center on $200,000 bail into home confinement due to his asthma. “The court, based on the trial …
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Federal prosecutors argued in court papers filed Friday that Tekashi 6ix9ine‘s kidnapper is a violent high-ranking member of the Nine Trey gang and could be a menace to the community if sprung from prison due to the coronavirus pandemic. “His leadership role in an incredibly violent gang, his participation in a gunpoint kidnapping and robbery, …
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Burger giant Shake Shack plans to return $10 million it received from a government loan program meant to protect small businesses during the coronavirus crisis. The New York-based fast food chain was one of several large restaurant companies that got a multi-million-dollar loan through the Trump administration’s $349 billion Paycheck Protection Program aimed at helping …
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United Airlines Holdings Inc said on Wednesday that it has cut its flight schedule by 90% in May and expects similar cuts for June as a result of the coronavirus pandemic, and warned that travel demand that is now “essentially at zero shows no sign of improving in the near term,” making job cuts likely. …
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Carl Icahn’s car-rental company, Hertz, is seeking a bailout from Uncle Sam to fend off a looming cash crunch that threatens to push it over the edge, The Post has learned. Hertz Global Holdings, known for snagging OJ Simpson as its spokesman at the height of his football career, faces a $1 billion-to-$1.5 billion budget …
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Bank of America chief Brian Moynihan has spent a decade preparing his megabank for the next financial crisis, but he still wasn’t fully prepared for the coronavirus pandemic. On a Tuesday morning call with reporters discussing first-quarter results, the chief executive said his $2.3 trillion bank is ready to weather the unprecedented COVID-19 outbreak, but …
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Major airlines and the Treasury Department have reached terms for a $25 billion coronavirus bailout to prevent layoffs after a severe plunge in demand. The funds, approved last month by Congress as part of a more than $2 trillion stimulus bill, will be distributed to companies that agree not to furlough workers before Oct. 1. …
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The ultimate lesson of James J. Hill and his Great Northern Railroad is that the “winners” government picks today are the “losers” of tomorrow. A famous saying, especially prescient in times like this, is “those who do not learn from history are doomed to repeat it.” Last month, Congress mortgaged the nation’s future in a …
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A New York investment firm pitched wealthy investors in recent days on a way to make returns of 22 percent to 175 percent using US government programs designed to help Americans keep their jobs and boost the coronavirus-stricken economy, according to a marketing document seen by Reuters. Following questions posed by Reuters, Arcadia Investment Partners, …
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Due to the current coronavirus pandemic, several television shows have halted production, including Bravo favorite “Real Housewives of Atlanta.” While the show is still airing Sunday nights, the season has wrapped — which typically means it’s time for the reunion. According to “housewife” Kandi Burruss, however, that reunion will be taking place online this time …