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To return the money. The deadline for a response is today. I left a message, and they sent the following statement yet the company has a current market value exceeding 150 million. The intent of this was for business that needed the money. Reporter how and why did quantum qualify in the first place if if they really need this ppp loan. Reporter julie, we know quantum has more than the 500 employee limit. How did the company qualify . As long as we didnt have more that be 500 emmoye ployees given location. So there was an eligibility factor that allowed us to look at location by location. Reporter it seems these companies have a lot of room to get around these requirements. In some industries we have upwards of 1500 employees and still be small. Reporter according to s. E. C. Filings, quantum reported more than 402 million in revenue last year. Records show the ceo made more than 337,000 last year. Plus he was awarded a stock option of more than 1. 9 million. Wasnt really happy about th ....
We will bring you those numbers as soon as they get the hit. They may very well impact markets. We will look ahead to jobs number coming up. Job losses could hit 47 million and Unemployment Rate could surge to 32 . Jim bullard is here later this morning, more on jobs, action by the Federal Reserve and what if any rebound we can expect from the crisis. Interview coming up at 7 00. President Trump Pushes Congress to pass 2 trilliondollar infrastructure bill now to help boost the economy along the road to recovery. The president says the bill willing very big and bold. Meanwhile this, the death toll in new york city has surpassed 1,000, mayor bill de blasio joining the call for help as more makeshift hospitals are created. This as more states go on lockdown this morning, mornings with maria is live right now. We ....
Rules and procedures will not impede lawful trade and commerce. Furthermore, mexico has taken action to secure our own southern border and suspend air travel from europe. The actions we are taking together with our north American Partners will save countless lives. Dana this also comes after the state department issued a level 4 advisory telling all americans they should not travel internationally. And if they are abroad, come home or be prepared to stay where they are for a long time. The president also saying the fdas fast tracking possible treatments for covid19, but members of the task force push back on the idea they are close to approving a malaria drug for that purpose but everyone is working on it. That is as states increase their own measures were fighting the spread. In new york, Governor Andrew Cuomo telling him 100 of nonessential workers they have to wo ....
Howard donald trump and nancy pelosi in a war of words as the media ramp up impeachment coverage and side with the speaker who accuses the president of losing his composure. Trumps meltdown, democrats walking out of a meeting after the president rails against it. I think he is losing it. I mean, i think he is feeling the pressure of this impeachment. I think that the Democratic Leaders actually look like petulant children. He called her a third rate politician. Of course, the president s right, her partys derangeed, psychotic, the hate trump agenda is all that matters in her world. Howard and as more diplomats testify about trump and Rudy Giuliani on ukraine, is the press downplaying republican charges of unfairness . Hunter biden sits down with abc to try to neutralize the allegations against him, airing hours before the democratic debate. Do you regret being on the board ....
Trying to unsay what he said. Howard donald trump and nancy pelosi in a war of words as the media ramp up impeachment coverage and side with the speaker who accuses the president of losing his composure. Trumps meltdown, democrats walking out of a meeting after the president rails against it. I think he is losing it. I mean, i think he is feeling the pressure of this impeachment. I think that the Democratic Leaders actually look like petulant children. He called her a third rate politician. Of course, the president s right, her partys derangeed, psychotic, the hate trump agenda is all that matters in her world. Howard and as more diplomats testify about trump and Rudy Giuliani on ukraine, is the press downplaying republican charges of unfairness . Hunter biden sits down with abc to try to neutralize the allegations against him, airing hours before the democratic debate. Do ....