Friday’s business headlines
INDIANAPOLIS (WISH) – Here’s a look at Friday’s business headlines.
Health insurance
Your health insurance company may owe you some money.
About 8 million Americans will geta pice of about $2.7 billion in premium rebates from various insurers but this only applies to people who get health insurance through a state exchange.
The average rebate in 2019 was $208, although that figure varied widely from state to state.
IRS checks
Almost 9 million Americans still haven’t gotten their $1,200 stimulus check.
This includes individuals and families who don’t typically file tax returns, usually due to low incomes.
They have until Oct. 15 to register their information with the IRS in order to get their payments this year.
Airlines
Airline CEOs met with President Trump in a last-minute plea for more cash.
They are seeking another $25 billion in federal aid to preserve jobs through March.
The airlines got billions back in March and agreed to no job cuts through Sept. 30 but with the air travel still far below normal, they need more.
BJ’s Wholesale
BJ’s Wholesale Club has gained steam as shoppers load up on groceries in the pandemic.
In fact, its stock has performed better than Amazon this year.
BJ’s success during the pandemic has attracted the attention of investors, who have driven its stock up more than 70% so far this year, outpacing Costco, Walmart and even Amazon.