Senators Push for Clarity on Payroll Support After Airlines Threaten Cuts

Joseph B. Hash

Lawmakers are urging the Secretary of the U.S. Treasury, Steven Mnuchin, to block U.S. airlines from laying off personnel or chopping pay following they obtained help to protect payroll underneath the CARES Act.

Underneath the legislation, intended to lessen financial trauma brought on by the coronavirus pandemic, airlines obtained grants and loans from a $25 billion help deal with the affliction that they not make cuts to their workforce or lessen the fee of pay or gains of personnel by September thirty.

Delta, JetBlue, and United Airlines have all either begun chopping employee schedules or announced options to do so.

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Atos supercomputers support global coronavirus research in Brazil

Joseph B. Hash

Belonging to Laboratório Nacional de Computação Científica and SENAI CIMATEC, the substantial-efficiency desktops Santos Dumont and Ogbon, each developed by Atos, are remaining made use of on scientific tests for the progress of medicines and vaccines against COVID-19

 

Brazil, 27 April 2020

Atos, a global chief in digital transformation, announces that two of its supercomputers in Brazil are remaining made use of in research for the progress of vaccines and drugs against the coronavirus. These are Santos Dumont, which belongs to the Countrywide Laboratory for Scientific Computing (LNCC), and Ogbon, at SENAI CIMATEC. The supercomputers are thought of the biggest

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Fed Offers More Support for Loans, Corporate Debt

Joseph B. Hash

The U.S. Federal Reserve on Wednesday declared a new $2.three trillion deal of steps to aid the coronavirus-battered economic system, which includes a $600 billion financial loan plan for tiny and mid-size businesses.

In addition to launching the Primary Road Lending Method, the Fed is expanding its backstops for the corporate credit card debt market and offering liquidity to money establishments that are lending cash to tiny businesses underneath the Paycheck Security Method (PPP).

“Our country’s optimum precedence ought to be to deal with this general public wellbeing disaster, offering care for the ill and limiting the further spread of

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Two Atos supercomputers in Czech Republic made available to support COVID-19 research

Joseph B. Hash

Prague, April 7, 2020

Atos, a world leader in digital transformation, currently announces that its two supercomputers at IT4Innovations, the nationwide supercomputing center at the VSB-Technical College of Ostrava, have been manufactured available to scientists and corporations conducting study similar to COVID-19. These scientists have the option for privileged access to computing time on Atos supercomputers Anselm, which was released in 2013 and Barbora, mounted in Oct 2019.

“We encourage scientists to apply if they are presently engaged in study on COVID-19. We have primarily offered our computing capability to some of our big consumers, these types of as the

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