During his daily coronavirus task force briefings at the White House, President Trump has not shied away from calling out companies by name.
3M Company No company has been in Trump’s sights more than 3M . On April 6, the president announced that he had come to a “very amicable agreement” with the company to produce millions of N-95 masks. The news apparently took Google’s parent company, Alphabet, by surprise. It quickly clarified that Verily, another division of the company, was indeed building a website, but they were “in the early stages of development, and planning to roll testing out in the Bay Area, with the hope of expanding more broadly over time."
I will immediately ask Congress for more money to support small businesses under the #PPPloan if the allocated money runs out. So far, way ahead of schedule. @BankofAmerica & community banks are rocking! @SBAgov @USTreasury The company is widely expected to receive government assistance from the recently passed $2.2 trillion coronavirus stimulus package. Trump recently noted that “Boeing will probably need a hand, and we're going to bring Boeing back to health.” Other airline companies have also been promised relief: “we will be able to handle United, and we'll be able to handle Delta, and we'll be able to handle all of it,” Trump said. “We have plenty of money.
Coronavirus test developers: Abbott Laboratories and Roche Industries Two coronavirus test companies have gotten special mention for their work developing coronavirus tests even as the U.S. has lagged behind other countries on overall testing capacity. This past Sunday, Trump again called Abbott Laboratories – which said its test can detect COVID-19 in as little as 5 minutes – a “great company.”
“I've issued a challenge to those two companies à la ‘Ford v Ferrari’” President Trump recently said “let's see who gets those ventilators out first” As usual with “this” General Motors, things just never seem to work out. They said they were going to give us 40,000 much needed Ventilators, “very quickly”. Now they are saying it will only be 6000, in late April, and they want top dollar. Always a mess with Mary B. Invoke “P”.
Regeneron Pharmaceuticals is a third pharmaceutical company that has often been mentioned largely thanks to its track record of helping develop therapies to deal with Ebola. But the media wings of two telecom companies in the meeting have gotten particularly less favorable comments in response to questions about ongoing testing and equipment shortfalls.