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Republican senators float compromise $600bn stimulus deal

Republican senators float compromise $600bn stimulus deal

A gaggle of Republican senators has requested to fulfill US president Joe Biden to debate an alternate $600bn Covid-19 aid bundle — a much less bold financial injection which they declare might achieve bipartisan assist.The proposal from the ten-strong group, which incorporates moderates Susan Collins and Mitt Romney, falls far wanting Mr Biden’s personal $1.9tn financial aid bundle. Democrats are contemplating attempting to move that plan by way of a congressional process which might enable them to bypass Republicans, who contemplate it too pricey.“Our proposal displays a lot of your acknowledged priorities, and together with your assist, we consider that…

Selectively speaking at Bank of America Securities 2021 Insurance Conference News

BRANCHVILLE, NJ, February 5, 2021 / PRNewswire / - Selective Insurance Group, Inc. (NASDAQ: SIGI) announced today that John J. Marchioni, President and CEO, and Mark Wilcox, Executive Vice President and Chief Financial Officer, will speak at the Bank of America Securities 2021 Insurance Conference on Thursday, February 11, 2021 on 9:00 AM (ET). Selective's discussion will be broadcast live on the Internet. Investors are encouraged to listen by visiting the Investors page www.selektiv.com. A repeat of the broadcast will be available on the website until May 11, 2021. For more information on selective or the upcoming conference, please visit…

Private jets fly high

VistaJet added the flagship Bombardier Global 7500 private jet to its branded fleet by 2020. Sugrit - stock.adobe.com The private airline industry has been reporting a general state of good news recently: Directional Aviation, which owns Flexjet, Sentient Jet, PrivateFly and FXAir, has formed a separate SPAC (Special Purpose Acquisition Company) to raise additional capital. Membership lift provider Wheels Up is reportedly in talks to do the same after carefully acquiring a number of major charter providers in the last 24 months (including Delta Private Jets). According to IADA (International Aircraft Dealers Association), pre-owned private jet sales saw an increase…

How to buy a jet card and avoid costly mistakes

Amidst non-stop press releases and panels of private jet providers announcing record increases in memberships and sales growth, avid observers looking at actual flight hours and often wondering about the big gap? After all, if flight hours for fraction and charter private jet operators only hovered around 90% of pre-COVID levels in December, how can so many brokers and operators report triple-digit sales increases? A recent press release from Boston-based broker Magellan Jets noted both a 200% increase in jet card sales and a 20% drop in flight hours. Vista Global's said its XO unit saw a 240% increase in…

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