Welcome to the Thursday Edition of the business news headlines for the 6th day of August, 2020. Here's what we've got cooked up for you today:
- New York State seeks to dissolve the NRA;
- Gold prices and the possibility of $4,000 an ounce;
- Some scary job numbers;
- Uber reported second quarter results;
- How miserable is the United States;
- The Wall Street Report;
- Airlines and air fares...it's a mess.
Also today: Strap in because this segment deals with every community in the United States. Several months ago U.S. hospitals took advantage of something called the Medicare Accelerated and Advance Payment Program or MAAPP. It was intended to assist hospitals that were too large for the Paycheck Protection Program (PPP) to pay for staffing and increased costs associated with COVID19. In addition many hospitals were told to cease "elective procedures" which also had an impact on their fiscal health. Here with us today is Brian Dieter, President & CEO of Mary Greeley Medical Center based in Ames, Iowa and Gary Botine the hospital CFO to explain the program, what it means to you and what they hope to negotiate in the coming weeks.
Thanks for listening!
The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business podcast in the Midwest. The national, regional and local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on Google Play, PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour.
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