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FILE - A traveler wears a mask as she waits for her flight in Terminal 3 at O'Hare International Airport in Chicago, Sunday, Nov. 29, 2020. The coronavirus pandemic created winners and losers in the business world. Wall Street recovered after March, even though Main Street is still struggling. As few people traveled, the airline industry needed billions of dollars in aid from the government and is still threatening to lay off workers.(AP Photo/Nam Y. Huh)

Some businesses thrived, many lagged during pandemic in 2020

Dec. 31, 2020 12:01 PM EST

By March 23, Apple had lost $435 billion in market value in about five weeks and many of its retail outlets were shut as the virus pandemic walloped the global economy and stock markets. Meanwhile, a report issued by the National Bureau of Economic Research found that 2% of small businesses surveyed had shut down...

FILE - In this June 24, 2020 file photo, Southwest Airlines employee Oscar Gonzalez, right, assists a passenger at the ticket counter at Love Field in Dallas. Southwest Airlines says it's not going to furlough workers in 2021 after all. The airline's CEO says that with Washington's approval of $15 billion in new federal aid to airlines, furloughs or pay cuts aren't needed. (AP Photo/Tony Gutierrez, File)

Southwest pulls threat of furloughs after relief bill signed

Dec. 28, 2020 3:03 PM EST

DALLAS (AP) — Southwest Airlines is lifting the threat of furloughs or pay cuts for thousands of workers now that U.S. airlines will get up to $15 billion more in taxpayer aid contained in the coronavirus-relief bill. American and United Airlines, which together furloughed 32,000 employees in October, said...

Chef Proprieter Brenda Buenviaje smiles as she is interviewed at Brenda's French Soul Food in San Francisco, Wednesday, Dec. 9, 2020. In pre-pandemic days, Brenda's French Soul Food was always hopping, but everything came to a screeching halt on March 16, when San Francisco halted indoor dining to stop the spread of the coronavirus. It reopened for takeout and delivery, and Buenviaje is now shipping meals nationwide through a service called Goldbelly. (AP Photo/Jeff Chiu)

From restaurants to retailers, virus transformed economies

Dec. 16, 2020 12:59 PM EST

NEW YORK (AP) — It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon — as soon as New York was safe again. Within weeks, he'd changed his mind....

Chef Proprieter Brenda Buenviaje smiles as she is interviewed at Brenda's French Soul Food in San Francisco, Wednesday, Dec. 9, 2020. In pre-pandemic days, Brenda's French Soul Food was always hopping, but everything came to a screeching halt on March 16, when San Francisco halted indoor dining to stop the spread of the coronavirus. It reopened for takeout and delivery, and Buenviaje is now shipping meals nationwide through a service called Goldbelly. (AP Photo/Jeff Chiu)

From restaurants to retailers, virus transformed economies

Dec. 16, 2020 12:42 PM EST

NEW YORK (AP) — It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back when New York was safe again. Within weeks, he’d changed his mind, broke...

FILE - In this Oct. 15, 2020, file photo, a United Airlines airplane takes off over a plane on the runway at San Francisco International Airport in San Francisco. United Airlines warns that bookings are slowing down and cancellations are on the rise as coronavirus cases spike across the U.S. The number of people flying in the United States is down about 65% from a year ago, and airlines were hoping that the upcoming holidays would mean an increase in leisure travel. (AP Photo/Jeff Chiu, File)

Southwest, United Airlines see weak demand over holidays, 1Q

Nov. 19, 2020 2:13 PM EST

DALLAS (AP) — United Airlines warned Thursday that bookings have slowed and cancellations have increased as the number of coronavirus infections spikes across the country. Southwest Airlines has also seen more cancellations, and the carrier's CEO said that travel demand will be remain weak in the first...

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