FILE PHOTO: Airbus A380-800 aircraft of Singapore Airlines takes off

Denver Mayor Hancock’s final State of the City address highlights efforts to address homelessness, hire, train more cops

Denver Mayor Michael Hancock will ask the city council to dedicate $2 million in federal COVID-19 relief money to a universal basic income program that would support women and families living in homeless shelters. The modest program — it is expected to give 140 recipients $1,000 a month for a year if supported by the […]

In bid to curb virus, China firms tell staff to work from home even after holidays end

By Josh R. Horwitz and Yingzhi Yang SHANGHAI/BEIJING (Reuters) – Chinese corporate giants including Alibaba Group Holding <BABA.N> and Tencent Holdings Ltd <0700.HK> said they have asked staff to work from home for one week after an extended Lunar New Year break ends, seeking to limit the spread of a new flu-like virus. The government […]

New York Fed opens registration for commercial paper funding facility

NEW YORK (Reuters) – The Federal Reserve Bank of New York opened the registration process for the upcoming commercial paper funding facility, which will backstop lending markets and help keep credit available for U.S. businesses and households. The New York Fed says eligible issuers that want to participate when the CPFF begins funding purchases on […]