Terry Roggensack, The Hightower Report

Virginia McGathey, www.VirginiaMcGathey.com

Terry Roggensack, The Hightower Report

Virginia McGathey, www.VirginiaMcGathey.com

Terry Roggensack, The Hightower Report

Virginia McGathey, www.VirginiaMcGathey.com

Terry Roggensack, The Hightower Report

Virginia McGathey, www.VirginiaMcGathey.com

Virginia McGathey, www.VirginiaMcGathey.com

Terry Roggensack, The Hightower Report

Virginia McGathey, www.VirginiaMcGathey.com

Terry Roggensack, The Hightower Report

Virginia McGathey, www.VirginiaMcGathey.com

Virginia McGathey, www.VirginiaMcGathey.com

Terry Roggensack, The Hightower Report

Virginia McGathey, www.VirginiaMcGathey.com

Virginia McGathey, www.VirginiaMcGathey.com

Scott Shellady, TJM Investments

Virginia McGathey, www.VirginiaMcGathey.com

Scott Shellady, TJM Investments

Virginia McGathey, www.VirginiaMcGathey.com

Virginia McGathey, www.VirginiaMcGathey.com

Scott Shellady, TJM Investments

Virginia McGathey, www.VirginiaMcGathey.com

Scott Shellady, TJM Investments

Virginia McGathey, www.VirginiaMcGathey.com

Virginia McGathey, www.VirginiaMcGathey.com

The world women's curling championship in Prince George, B.C. has been cancelled because of the outbreak of COVID-19.

The University of Alberta Pandas defeated the UNB Reds 10-2 in the U Sports women's curling final, while the Laurier Golden Hawks topped the Dalhousie Tigers 8-5 for the men's curling title in Portage la Prairie, Manitoba on Sunday.

Two additional men have been charged with first-degree murder in the death of a 17-year-old Brampton boy shot and killed on New Year's Eve.

The post Teaching Enrichment with Apps for Kids Classroom, Part One appeared first on SOLIDWORKS Education Blog.

The post Teaching Enrichment with Apps for Kids Classroom, Part Two appeared first on SOLIDWORKS Education Blog.

The post Building a Deck with SOLIDWORKS Weldment Tools, Part One appeared first on SOLIDWORKS Education Blog.

Introductory statement by Ms Christine Lagarde, President of the European Central Bank, and Mr Luis de Guindos, Vice-President of the European Central Bank, Frankfurt am Main, 30 April 2020.

Remarks by Mr Stephen S Poloz, Governor of the Bank of Canada, at the Ivey Business School, London, Ontario, 30 April 2020.

Banks globally entered the Covid-19 crisis with roughly US$ 5 trillion of capital above their Pillar 1 regulatory requirements. The amount of additional lending will depend on how hard banks' capital is hit by the crisis, on their willingness to use the buffers and on other policy support. In an adverse stress scenario such as the savings and loan crisis, banks' usable buffers would decline to US$ 800 billion, which could support US$ 5 trillion of additional loans (6% of total loans outstanding). Yet in a severely adverse scenario, similar to the Great Financial Crisis, the corresponding figures would be only US$ 270 billion and US$ 1 trillion (1.3% of total loans).

Introductory remarks (by videoconference) by Mr Luis de Guindos, Vice-President of the European Central Bank, to the Committee on Economic and Monetary Affairs of the European Parliament, Frankfurt am Main, 7 May 2020.

Banks' performance on equity and debt markets since the Covid-19 outbreak has been on a par with that experienced after the collapse of Lehman Brothers in 2008. During the initial phase, the market sell-off swept over all banks, which underperformed significantly relative to other sectors. Still, markets showed some differentiation by bank nationality, and credit default swap (CDS) spreads rose the most for those banks that had entered the crisis with the highest level of credit risk. The subsequent stabilisation, brought about by forceful policy measures since mid-March, has favoured banks with higher profitability and healthier balance sheets. Less profitable banks saw their long-term rating outlooks revised to negative. And the CDS spreads of the riskiest banks continued increasing even through the stabilisation phase.

Bank of Italy Working Papers by Eleonora Porreca and Alfonso Rosolia

Bank of England Working Papers by Cristiano Cantore and Lukas Freund

Central Bank of Chile Working Papers by Gee Hee Hong, Matthew Klepacz, Ernesto Pasten and Raphael Schoenle

Penn State is implementing a new opt-in grading system for the spring 2020 semester that will give students flexibility, help preserve GPAs and minimize impacts to students’ transcripts during the academic challenges presented by the novel coronavirus public health crisis.

Penn State Mont Alto unveiled its new project and supply chain management degree in response to a local and global need.

The College of Health and Human Development will host M. Daniele Fallin, Sylvia and Harold Halpert Professor in Mental Health and chair of the Department of Mental Health at the Johns Hopkins Bloomberg School of Public Health, at 4 p.m. via Zoom Webinar on Thursday, May 7, for the next presentation in its Dean’s Lecture Series: Perspectives on the Pandemic. This presentation, “Mental Health and the COVID Pandemic,” will summarize recent findings on the psychological effects of the pandemic, as well as offer some strategies for prevention and intervention as the pandemic, and its after-effects, continue.

Alexandra Stone and Blake Gillikin will serve as college marshals for spring 2020 commencement.

Student marshals will represent each department for spring 2020 commencement

After several years of back-and-forth litigation, Apple has withdrawn what was likely its final appeal in a Wi-Fi hotspot patent infringement case due to a Supreme Court decision.

The fatherhood documentary "Dads" featuring actor Bryce Dallas Howard will be airing on Apple TV+ ahead of Father's Day, with the film set to be available to stream from the service from June 19.

CNA Staff, May 8, 2020 / 04:15 pm (CNA).- As parishes and dioceses across the country deal with a drop in collections and the prospects of layoffs amid the pandemic, many parishes have managed to avail themselves of government loans designed to cover eight weeks of payroll expenses.

CBS News reported Friday that an estimated 12,000-13,000 of the 17,000 Catholic parishes in the U.S. had applied for Paycheck Protection Program (PPP) payroll loans from the Small Business Administration (SBA), and 9,000 so far had received them.

Guidance from the SBA on eligibility for the loans states that “no otherwise eligible organization will be disqualified from receiving a loan because of the religious nature, religious identity, or religious speech of the organization.”

Religious organizations are eligible for the loans as long as they meet the requirements of Section 501(c)(3) nonprofit and employ 500 or fewer people, the SBA said.

“The PPP isn't about the federal government assisting houses of worship or churches,” Pat Markey, the executive director of the Diocesan Fiscal Management Conference, told CBS News.

“PPP is about keeping people on payrolls, and a large segment of our society [in] the not for profit world...are churches and houses of worship. And they have people on payrolls too. So, if what this is about is keeping people on payrolls, then we all should have availability to do that.”

The Diocesan Fiscal Management Conference did not reply by press time to CNA’s request for additional comment.

Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act March 27 to help relieve the economy during the coronavirus pandemic.

The CARES Act initially authorized some $350 billion in loans to small businesses, intended to allow them to continue to pay their employees. The loans were given on a first come, first serve basis.

The second round of funding, with some $310 billion in additional funds available, began April 27.

The loans were capped at $10 million, were open to businesses with fewer than 500 employees per location, and were intended to cover two months of payroll costs.

The federal government promised to forgive the loans if a business used at least 75% of the funds to maintain its payroll at “pre-pandemic levels” for eight weeks after the loan is disbursed, the New York Times reports.

The remaining money could be used only to pay for certain expenses, such as a mortgage, rent, and utilities, according to the Times.

A survey of Protestant pastors by LifeWay Research found that about 40% had applied for PPP loans with more than half of them reporting being approved.

NPR reports that synagogues have also applied for government funding, though in a smaller proportion— of nearly 4,000 synagogues in the United States, about 250 were approved for PPP loans in the first round of lending, according to surveys by the Jewish Federations of North America and the Union of Orthodox Jewish Congregations of America.

The PPP has been subject to some criticism since its launch, including from those who say business owners with criminal records have been excluded from the program thus far.

In addition, several large companies, such as Ruth’s Chris Steakhouse, have received multi-million dollar loans through the program. Some of these large companies, such as Shake Shack, have since returned their loans.

Two New York dioceses— Rochester and Buffalo— are suing the Small Business Administration for access to PPP funds, after they were denied loans because of their bankruptcy status.

An SBA rule stipulated that the funds would not go to bankruptcy debtors. Both the dioceses of Rochester and Buffalo have filed for bankruptcy in the past several months, after being named in hundreds of clergy sex abuse lawsuits filed under New York Child Victims Protection Act.