NTD Business (July 27): Bailouts Stifling American Innovation

July 27, 2020 Updated: July 28, 2020

With the latest stimulus package just around the corner, we spoke with Daniel Lacalle about how they could be stifling American innovation.

Senate Republicans will reveal their new relief aid package. It’s likely to include a cut in extra weekly unemployment benefits and another round of stimulus checks.

The big-four tech CEOs are scheduled to testify on Wednesday before the House Antitrust Subcommittee. It’s the most high-profile antitrust hearing since the 1990s, when the feds looked into Microsoft.

And retail chain Albertsons released its earnings report. It saw a surge in same-store sales, as more people are shopping for groceries online.