Latest United Continental Holdings Inc News

FILE - In this Tuesday, July 7, 2020 file photo, pedestrians wearing protective masks during the coronavirus pandemic pass by the New York Stock Exchange in New York. (AP Photo/Frank Franklin II, File)

Wall Street's rally gets back on track as tech leads the way

Jul. 8, 2020 5:12 PM EDT

NEW YORK (AP) — Wall Street’s rally got back on track Wednesday after more gains for big technology stocks helped pull the S&P 500 to its sixth gain in seven days. The S&P 500 drifted up and down for most of the day, before a last-hour lift sent it to a gain of 0.8%. Treasury yields and oil...

FILE - In this March 25, 2020 file photo, United Airlines planes are parked at George Bush Intercontinental Airport in Houston. United Airlines will send layoff warnings to 36,000 employees - nearly half its U.S. staff - in the clearest signal yet of how deeply the virus outbreak is hurting the airline industry. United officials said Wednesday, July 8 that they still hope to limit the number of layoffs by offering early retirement, but they have to send notices this month to comply with a law requiring that workers get 60 days' notice ahead of mass job cuts.  (AP Photo/David J. Phillip, File)

United will warn 36,000 workers they could be laid off

Jul. 8, 2020 2:49 PM EDT

United Airlines is warning 36,000 employees - nearly half its U.S. staff - they could be furloughed in October, the clearest signal yet of how deeply the virus pandemic is hurting the airline industry. The outlook for a recovery in air travel has dimmed in just the past two weeks, as infection rates rise in much...

United Airlines sending layoff warnings to 36,000 employees, nearly half its work force, as pandemic obliterates travel

Jul. 8, 2020 12:05 PM EDT
CHICAGO (AP) — United Airlines sending layoff warnings to 36,000 employees, nearly half its work force, as pandemic obliterates travel.

Today in History

Jul. 8, 2020 12:00 AM EDT

Today in History Today is Wednesday, July 8, the 190th day of 2020. There are 176 days left in the year. Today’s Highlight in History: On July 8, 2000, Venus Williams beat Lindsay Davenport 6-3, 7-6 (3) for her first Grand Slam title, becoming the first Black female champion at Wimbledon since Althea...

Emiratis wearing face masks due to the coronavirus pandemic work on the floor of the Dubai Financial Market in Dubai, United Arab Emirates, Tuesday, July 7, 2020. Dubai reopened its Dubai Financial Market stock exchange Tuesday after closing its floor due to the coronavirus pandemic. (AP Photo/Jon Gambrell)

COVID-19 vaccine candidates secure funds; Lysol gets EPA nod

Jul. 7, 2020 6:14 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus. ________________________ FOOD & SHOPPING: — Overall retail sales are expected to...

Novavax, Sunrun rise; Shake Shack, United Airlines fall

Jul. 7, 2020 4:19 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Livongo Health Inc., up $16.13 to $93.76. The digital health company raised its second-quarter revenue forecast. CoreLogic Inc., up $1.66 to $68.67. The company raised its financial forecasts for the year and rejected an...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 3, 2020. Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. (AP Photo/Eugene Hoshiko)

Asian shares advance following upbeat US jobs report

Jul. 2, 2020 11:27 PM EDT

Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. Tokyo's Nikkei 225 index picked up 0.3% to 22,220.33, while the Shanghai Composite index jumped 1.3% to 3,130.62. In South Korea, the Kospi gained 0.6% to 2,148.24, and Australia's S&P/ASX 200 rose 0.6% to 6,067.30....

FILE - In this Wednesday, June 24, 2020, file photo, Southwest airlines employee Oscar Gonzalez, right, assists a passenger at the ticket counter at Love Field in Dallas. In a report, Thursday, July 2, 2020, the government is recommending that travelers wear face coverings during air travel and says airlines should consider limiting capacity on planes to promote social distancing. But it stopped short of making new requirements. (AP Photo/Tony Gutierrez, File)

US issues guidelines but no new rules for safe air travel

Jul. 2, 2020 6:30 PM EDT

Federal officials said Thursday that airlines should consider limiting capacity on planes to promote social distancing, but they are not considering making the airlines do it. The officials also recommended — but did not move to require — that travelers wear face coverings in airports and on planes....

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. American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic. The Treasury Department said Thursday, July 2, 2020, that it had finalized terms of new loans to American, Spirit Airlines, Frontier Airlines, Hawaiian Airlines and SkyWest Airlines. (AP Photo/Matt York, File)

American and 4 other airlines reach loan agreements with US

Jul. 2, 2020 12:50 PM EDT

DALLAS (AP) — American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic. The Treasury Department said Thursday that it had signed...

Pfizer, FedEx rise; United Airlines, General Mills fall

Jul. 1, 2020 4:48 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: United Airlines Holdings Inc., down 16 cents to $34.45. The airline plans to triple its August flight schedule compared to June. Constellation Brands Inc., up $10.93 to $185.88. The brewer of Corona beer beat Wall Street's...