Trump says Apple CEO Tim Prepare dinner expects financial system to see sharp rise after coronavirus

Trump says Apple CEO Tim Prepare dinner expects financial system to see sharp rise after coronavirus


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President Donald Trump signed H.R.266, the Paycheck Safety Program and Well being Care Enhancement Act, within the Oval Workplace on Friday.


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President Donald Trump reportedly stated he talked with Apple CEO Tim Prepare dinner on Friday in regards to the state of the financial system amid the coronavirus pandemic. Trump stated Prepare dinner expects the financial system to see a v-shaped restoration, the place a pointy drop is adopted by a pointy rise, when the outbreak is over, in accordance with a report Friday from CNBC

The president’s feedback got here throughout a signing ceremony within the Oval Workplace on Friday for a second chunk of funding for the Paycheck Safety Program, which is designed to assist small companies preserve staff on their payrolls. Greater than 26 million Individuals have misplaced their jobs amid the coronavirus outbreak.

Apple did not instantly reply to a request for remark. 

COVID-19, the respiratory illness attributable to the coronavirus, has quickly unfold throughout the globe. The World Well being Group on March 11 declared the outbreak a pandemic. There at the moment are over 2.7 million confirmed instances globally, with greater than 883,000 within the US as of Friday.

Apple has made a number of strikes to assist deal with the coronavirus pandemic, together with designing face shields for medical works and directing a portion of iPhone SE Product Crimson gross sales to aid efforts. Apple can be working with Google to develop coronavirus monitoring instruments for iOS and Android units. 


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