Southwest Airlines Co

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...

Arcturus, Simon Property fall; Fulgent, Expedia rise

Dec. 29, 2020 4:21 PM EST

NEW YORK (AP) — Stocks that moved sharply or traded heavily Tuesday: Fulgent Genetics Inc., up $4.05 to $50.80. The genetic testing company extended its COVID-19 partnership with the New York City Department of Education. Arcturus Therapeutics Holdings Inc., down $50.06 to $42.36. Some early data from the...

FILE - In this Dec. 2, 2020 file photo, an American Airlines Boeing 737 Max jet plane is parked at a maintenance facility in Tulsa, Okla. Paying passengers were scheduled to board a Boeing 737 Max in Miami on Tuesday, Dec. 29 for the first time since safety regulators allowed the plane to fly again after two deadly crashes.
The American Airlines flight is scheduled to land at New York’s LaGuardia Airport with about 100 passengers aboard, according to an airline spokeswoman. (AP Photo/LM Otero, File)

Boeing Max returns to US skies with first passenger flight

Dec. 29, 2020 3:47 PM EST

American Airlines flew a Boeing 737 Max with paying passengers from Miami to New York on Tuesday, the plane’s first commercial flight in U.S. skies since it was grounded after two deadly crashes. American flight 718 carried 87 passengers on the 172-seat plane, and the return flight from LaGuardia Airport...

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....

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 April 1, 2020, file photo, several dozen Delta Air Lines jets are parked at Kansas City International Airport in Kansas City, Mo. A sign of the deepening slump in air travel with coronavirus cases rising across the country, Delta CEO Ed Bastian said Wednesday, Dec. 9, 2020, that Delta will need more employees to take unpaid leave “for the foreseeable future.” Unlike American and United, Atlanta-based Delta has avoided furloughs since the pandemic started by convincing thousands of workers to retire early or take unpaid leave. (AP Photo/Charlie Riedel, File)

Delta asks more workers to take leave as travel slump widens

Dec. 9, 2020 5:33 PM EST

ATLANTA (AP) — Delta Air Lines has managed to avoid furloughs but is now asking more employees to take unpaid leaves of absence, a sign of the deepening slump in air travel as coronavirus cases increase across the United States. CEO Ed Bastian said Wednesday that Delta will need takers for its unpaid-leave...

Today in History

Dec. 7, 2020 12:00 AM EST

Today in History Today is Monday, Dec. 7, the 342nd day of 2020. There are 24 days left in the year. Today’s Highlight in History: On Dec. 7, 1941, the Empire of Japan launched an air raid on the U.S. Navy base at Pearl Harbor in Hawaii as well as targets in Malaya, Hong Kong, Guam, the Philippines and...

Delta won't furlough pilots; job cuts possible at Southwest

Nov. 25, 2020 3:39 PM EST

DALLAS (AP) — Delta Air Lines on Wednesday dropped a threat to furlough more than 1,700 pilots after they ratified a cost-cutting agreement that the airline said was needed to help it cope with a downturn caused by the pandemic. The airline had planned to furlough about 13% of its 12,900 pilots on Saturday...

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