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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 […]
U.S. bank profits fell 36.5% in 2020 on pandemic concerns: FDIC
FILE PHOTO: The Federal Deposit Insurance Corp (FDIC) logo is seen at the FDIC headquarters in Washington, February 23, 2011. REUTERS/Jason Reed/File PhotoWASHINGTON (Reuters) – U.S. bank profits fell 36.5% in 2020 from the year prior as banks set aside massive amounts to guard against potential losses, but the industry showed signs of strengthening in […]
Venezuela’s private sector proposes loosening of gasoline import rules
By Deisy Buitrago and Luc Cohen CARACAS (Reuters) – Representatives of Venezuela’s private oil service companies have proposed the government loosen restrictions on gasoline imports and sales, as the country faces its worst motor fuel shortages in more than a decade. In a public statement this week and in discussions with officials of President Nicolas […]