Latest Airlines News
The Latest: Nearly 3,000 released from Sri Lanka prisons
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: , — China reports 30 new coronavirus cases, mostly from new...
The Latest: UN to decide in month whether to delay meeting
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: —CDC recommending Americans cover their faces when leaving...
Walmart limits store access; US airlines sign up for grants
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus. ____________ COSTS MOUNT: The pandemic will cost the global economy as much as $4.1 trillion, or nearly...
The Latest: India's PM looks to boost country's morale
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — India's PM urges citizens to light candles Sunday night to...
Outbreak: bankruptcies, layoffs, quiet skies and empty rails
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Thursday related to the global economy, the work place and the spread of the virus. ____________ ZOOM: At the end of last year, the video-conferencing company Zoom had about 10 million...
Boeing offers voluntary layoff plan amidst virus shutdown
SEATTLE (AP) — Boeing is offering a voluntary layoff plan to prepare for an aircraft industry that the CEO says will take time to recover from the coronavirus pandemic. CEO David Calhoun didn’t rule out involuntary job cuts later. Boeing's airline customers are seeing a massive decline in revenue...
Iran parliament speaker, Israeli health minister have virus
TEHRAN, Iran (AP) — Iran’s parliament speaker has contracted the new coronavirus, the country's highest-ranking government figure yet to catch the disease, while in Israel, several top officials entered quarantine when the health minister tested positive on Thursday. Iran's parliament announced Ali...
Profit forecasts tank as virus pandemic whacks economy
NEW YORK (AP) — The virus pandemic that has killed over 40,000 people worldwide is also wreaking havoc on corporate profits, with Wall Street forecasting a double-digit decline in the second quarter and no return to growth the rest of the year. Companies began 2020 hoping to put a year of trade war-induced...
Apply here: How to spend $2.2 trillion — and rescue economy
WASHINGTON (AP) — President Donald Trump aims to shovel $2.2 trillion into the U.S. economy over the next few weeks to try to cushion its free fall. But that means putting his fate in the hands of banks, profit-minded businesses and government bureaucrats he has frequently derided, along with a man who has...
Booze buying surges; senators push airlines for cash refunds
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Tuesday related to the global economy, the work place and the spread of the virus. ________ INDUSTRY: Less than a week after saying it planned to reopen five North American assembly...
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