Herald section
The latest business reporting from The Belfast Herald.
President Joe Biden signs the PPP Extension Act of 2021, a bill that would extend the Paycheck Protection Program deadline from March 31 to May 31.
President Joe Biden signed the $1.9 trillion American Rescue Plan into law on 11 March 2021, advancing direct payments, expanded benefits and pandemic recovery funding.
The US House of Representatives votes 220–211 to pass the $1.9 trillion American Rescue Plan Act of 2021, which extends jobless benefits, delivers $1,400 payments to individuals, and funds pandemic relief for states and businesses. The bill will be sent to President Joe Biden for signature.
Cyprus, Greece and Israel have signed an agreement to construct the world's longest and deepest submarine power cable, connecting their electricity grids at a cost of approximately $900 million, with completion expected by 2024.
The United States Senate approved President Joe Biden's $1.9 trillion coronavirus relief package following a 24-hour debate and vote-a-rama. The bill now returns to the House for final consideration.
The Senate voted 58–42 against an amendment by Senator Bernie Sanders to raise the federal minimum wage to $15. The proposal was part of President Joe Biden's relief package.
The Equality and Human Rights Commission investigated Pontins after a whistleblower revealed it maintained a list of common Irish surnames to exclude Roma and Irish travelers from booking holiday parks. The Prime Minister condemned the practice as unacceptable.
The United States House of Representatives votes 219-212 to pass U.S. President Joe Biden's $1.9 trillion relief package, which would provide $1,400 in direct payments. The bill will head to the Senate for a vote.