Month: March 2020

U.S. hospitals halt lucrative procedures amid coronavirus crisis, job cuts follow  

SAN FRANCISCO/NEW YORK (Reuters) – U.S. hospitals and physician groups are beginning to feel severe financial strain as they shift operations from profitable procedures to focus on the rapidly spreading coronavirus pandemic. The hospital industry nationwide is under growing pressure to halt lucrative elective surgeries, relocate patients not infected with coronavirus from frontline facilities, and

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States to Decide Stimulus Bill’s Effect on Unemployment Taxes

The COVID-19 pandemic that has sent the nation’s unemployment rate soaring may eventually—at least in some cases—affect employers’ unemployment insurance tax rates. Just who will be affected, though, remains an open question. With businesses shutting down or significantly curtailing operations, Congress responded with the $2 trillion stimulus bill dubbed the CARES Act, which was signed

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