Latest Transportation industry regulation News

FILE - In this Wednesday, March 25, 2020 file photo, American Airlines jets sit idly at their gates as a jet arrives at Sky Harbor International Airport in Phoenix. The Trump administration is raising the possibility of the U.S. government getting ownership stakes in U.S. airlines in exchange for $25 billion in direct grants to help the carriers survive a downturn caused by the coronavirus pandemic, according to people familiar with the matter, Thursday, March 26, 2020. (AP Photo/Matt York, File)

US could get stake in airlines in exchange for virus grants

Mar. 26, 2020 6:52 PM EDT

The Trump administration is raising the possibility of the government getting ownership stakes in U.S. airlines in exchange for $25 billion in direct grants to help the carriers survive a downturn caused by the coronavirus pandemic, according to people familiar with the matter. Details were unclear on Thursday,...

A staff member carries plastic buckets containing medical waste from new coronavirus patients at the Dongsan Hospital in Daegu, South Korea, Wednesday, March 25, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (Park Dong-joon/Yonhap via AP)

The Latest: South Korea’s central bank to provide aid

Mar. 26, 2020 1:04 AM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — South Korea’s central bank to temporarily...

Indians stand in marked positions to buy essential commodities from a grocery store in Mumbai, India, Wednesday, March 25, 2020.The world's largest democracy went under the world's biggest lockdown Wednesday, with India's 1.3 billion people ordered to stay home in a bid to stop the coronavirus pandemic from spreading and overwhelming its fragile health care system as it has done elsewhere. For most people, the new coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia and death.(AP Photo/Rafiq Maqbool)

Police struggle to enforce India's sweeping virus lockdown

Mar. 25, 2020 10:20 AM EDT

NEW DELHI (AP) — Indians struggled to comply with the world's largest coronavirus lockdown on Wednesday as the government began the gargantuan task of keeping 1.3 billion people indoors. Official assurances that essentials wouldn't run out clashed with people's fears that the disease toll could soon...

FILE - In this March 20, 2020 file photo, an empty baggage carousel spins in Denver International Airport as travelers deal with the spread of the coronavirus  in Denver.  Airline service in the United States is teetering on the brink of collapse, with near-empty planes and coronavirus-caused outbreaks that have left some air traffic control towers empty. Even with sharply reduced schedules, airlines are consolidating some of the remaining flights because passengers aren’t showing up. (AP Photo/David Zalubowski, File)

Many airline flights nearly empty as virus undercuts travel

Mar. 24, 2020 5:39 PM EDT

Airline service in the United States is teetering on the brink of collapse, with near-empty planes and coronavirus outbreaks that have left some air traffic control towers empty. Even with sharply reduced schedules, airlines are consolidating some of the remaining flights because passengers aren’t showing...

Tokyo 2020 Olympics chief Yoshiro Mori listens questions from journalist during a press conference Monday, March 23, 2020, in Tokyo. As infections soared in Europe and the United States and the world economy spiraled downward, Japan on Monday hinted at the next possible victim of the globe-spanning coronavirus: The 2020 Tokyo Olympics. (AP Photo/Eugene Hoshiko)

The Latest: US officials working on $2 trillion rescue deal

Mar. 24, 2020 12:44 AM EDT

The Latest on the coronavirus pandemic, which has infected more than 381,000 people and killed over 16,500. The COVID-19 illness causes mild or moderate symptoms in most people, but severe symptoms are more likely in the elderly or those with existing health problems. More than 101,000 people have recovered so...

FILE - In this March 18, 2019, photo the logo for IBM appears above a trading post on the floor of the New York Stock Exchange. IBM is offering up its speedy supercomputer to help combat the new coronavirus. The technology company said Sunday, March 22, 2020, that it is working with the White House and the U.S. Department of Energy to make its computing power more accessible to researchers tackling the coronavirus. (AP Photo/Richard Drew, File)

Business Fallout: Supercomputers vs. coronavirus; more masks

Mar. 23, 2020 2:03 PM EDT

The rapid worldwide spread of the coronavirus since it was first revealed in China less than three months ago has dealt an unparalleled shock to the global economy. Following are weekend business developments related to the outbreak as governments attempt to stabilize their economies, companies navigate through...

Travelers walk past canceled flights on a schedule board, some due to the coronavirus, at the Haneda International Airport in Tokyo, Wednesday, March 18, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness, especially in older adults and people with existing health problems. (AP Photo/Eugene Hoshiko)

The Latest: Japan urges against nonessential travel to US

Mar. 22, 2020 2:51 AM EDT

TOKYO (AP) — The Latest on the coronavirus pandemic, which has infected more than 307,200 people and killed more than 13,000. The COVID-19 illness causes mild or moderate symptoms in most people, but severe symptoms are more likely in the elderly or those with existing health problems. More than 92,300...

FILE - In this Friday, March 20, 2020 file photo, a shopper leaves the Target Store on 34th St. with supplies as carpenter board up the Sephora story in New York.  Target Corp. said Friday it will give a $2 an hour wage increase to its 300,000-plus workers who have been scrambling to help customers. The pay bump will be effective at least through May 2. (AP Photo/Mary Altaffer, File)

Business Fallout: Airlines beg for aid; Google launches site

Mar. 21, 2020 3:48 PM EDT

The rapid worldwide spread of the coronavirus since it was first revealed in China less than three months ago has dealt an unparalleled shock to the global economy. Following are weekend business developments related to the outbreak as governments attempt to stabilize their economies, companies navigate through...

Customers wait for their order in their car at a Starbucks in Northbrook, Ill., Monday, March 16, 2020. Starbucks announced Sunday its company-owned stores across the U.S and Canada will shift to a

Business Fallout: Starbucks limits access, Target raises pay

Mar. 20, 2020 8:32 PM EDT

Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China. The outbreak of the virus that causes COVID-19 has caused unprecedented disruptions that have brought an unparalleled shock to the global economy. Following are developments Friday related...

A Delta Airlines jetliner waits for a Southwest jetliner to taxi pst on the way to a runway for take off from Denver International Airport as travelers deal with the spread of coronavirus Friday, March 20, 2020, in Denver. According to the World Health Organization, most people recover in about two to six weeks depending on the severity of the COVID-19 illness. (AP Photo/David Zalubowski)

United Airlines warns of massive layoffs without federal aid

Mar. 20, 2020 7:39 PM EDT

Leaders of United Airlines and its labor unions are raising the threat of massive layoffs if Washington doesn’t provide “sufficient” help to the airline industry by the end of this month. The airline’s CEO, Oscar Munoz, its president and four union officials said Friday that without...