Latest United Continental Holdings Inc News

People stand near a bank's electronic board showing the Hong Kong share index Tuesday, Oct. 20, 2020. Asian shares fell moderately Tuesday, echoing Wall Street's decline as hopes faded Washington will come through with badly needed aid for the economy before the U.S. presidential election.   (AP Photo/Vincent Yu)

Asian shares track Wall Street fall as virus aid hopes fade

Oct. 19, 2020 11:55 PM EDT

TOKYO (AP) — Asian shares fell moderately Tuesday, tracking Wall Street's overnight decline as hopes faded Washington will come through with badly needed aid for the U.S. economy before the U.S. presidential election. Investors have been focusing on U.S. economic stimulus amid global uncertainty about the...

A man stands near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Oct. 16, 2020. Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on top of fears of flaring outbreaks of coronavirus. (AP Photo/Eugene Hoshiko)

Asian shares mixed amid 2nd wave coronavirus, election fears

Oct. 15, 2020 11:33 PM EDT

TOKYO (AP) — Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on top of fears of flaring outbreaks of coronavirus. Investors are also looking ahead to the release of data on the Chinese economy next week. Shares rose in...

Alcoa, United Airlines fall; Cars.com, Sleep Number rise

Oct. 15, 2020 4:37 PM EDT

Stocks that moved heavily or traded substantially Thursday: Fastly Inc., down $33.48 to $89.70. The cloud computing company trimmed its third-quarter revenue forecast. United Airlines Holdings Inc., down $1.36 to $34.25. The airline reported a big third-quarter loss as revenue plunged amid slumping demand. Alcoa...

Empty ticketing counters are seen in Terminal 1 at O'Hare International Airport in Chicago, Wednesday, Oct. 14, 2020. United Airlines, which furloughed 13,000 employees this month, is expected to report a large third-quarter loss as the coronavirus pandemic continues to batter air travel. (AP Photo/Nam Y. Huh)

United loses $1.8 billion, aims to shift focus to recovery

Oct. 14, 2020 6:24 PM EDT

United Airlines financial hole grew deeper over the summer as a modest recovery in air travel slowed down, pushing the carrier to a loss of $1.84 billion in the typically strong third quarter. The airline said Wednesday that revenue plummeted 78% from a year earlier. The loss was worse than analysts had expected....

FILE - In this May 14, 2020 file photo, several dozen mothballed Delta Air Lines jets are parked on a closed runway at Kansas City International Airport  in Kansas City, Mo. Delta Air Lines is the first carrier to report financial results for the third quarter, and the numbers are grim. Delta said Tuesday, Oct. 13 that it lost nearly $6.9 billion as travel remain depressed over the normally peak vacation season because of the pandemic.  (AP Photo/Charlie Riedel, File)

Delta posts $5.4 billion 3Q loss as pandemic hammers travel

Oct. 13, 2020 4:29 PM EDT

The summer travel season was even worse than expected for Delta Air Lines, which said Tuesday that it lost $5.4 billion in the third quarter as people hunkered down at home during the pandemic. Delta officials pushed back their timetable for breaking even, from year-end to next spring, as their previous...

Pedestrians pass the New York Stock Exchange, Friday, Oct. 2, 2020, in New York.   Stocks are rising on Wall Street Friday as talks appear to be continuing in the start-and-stop drive on Capitol Hill to deliver more aid to the ailing economy.  (AP Photo/John Minchillo)

Stocks climb, closing out biggest weekly gain in 3 months

Oct. 9, 2020 5:41 PM EDT

Wall Street closed out its best week in three months Friday as investors drew encouragement from ongoing negotiations on Capitol Hill aimed at delivering more aid to the ailing U.S. economy. The S&P 500 rose 0.9%, its third straight gain. The benchmark index ended the week with a 3.8% gain, its strongest...

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in the rain in Tokyo Friday, Oct. 9, 2020. Asian stock markets followed Wall Street higher on Friday on hopes Washington will provide more aid to the struggling U.S. economy. (AP Photo/Eugene Hoshiko)

Asian stocks follow Wall Street higher on stimulus hopes

Oct. 9, 2020 12:13 AM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher on Friday on hopes Washington will provide more aid to the struggling U.S. economy. Benchmarks in Shanghai, Hong Kong, South Korea and Australia advanced. Tokyo was off 0.1%. Wall Street gained Thursday after President Donald Trump suggested he...

FILE - In this June 11, 2020, file photo, information signs are displayed at the closed Illinois Department of Employment Security WorkNet center in Arlington Heights, Ill. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked up modestly. The Labor Department said Tuesday, Oct. 6, 2020, that the number of U.S. job postings on the last day of August dipped to 6.49 million, down from 6.70 million July. (AP Photo/Nam Y. Huh, File)

US layoffs still high, but so is skepticism on jobless data

Oct. 8, 2020 2:31 PM EDT

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession. Yet economists say they are increasingly dubious about the unemployment claims figures, even though there is...

A man wearing a face mask stands near a screen showing the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange in Seoul, South Korea, Thursday, Oct. 8, 2020. Asian shares were mostly higher Thursday on optimism that U.S. stimulus may be coming, as President Donald Trump appeared to reverse his earlier decision to halt talks on another economic rescue effort. (AP Photo/Lee Jin-man)

Asian shares mostly higher on hopes for U.S. stimulus

Oct. 7, 2020 11:43 PM EDT

TOKYO (AP) — Asian shares were mostly higher on Thursday on optimism U.S. stimulus may be coming after all, as President Donald Trump appeared to reverse his earlier decision to halt talks on another economic rescue effort. Japan's benchmark Nikkei 225 added 0.9% to 23,636.35. South Korea's Kospi gained...

President Donald Trump stands on the balcony outside of the Blue Room as returns to the White House Monday, Oct. 5, 2020, in Washington, after leaving Walter Reed National Military Medical Center, in Bethesda, Md. A federal appeals court says Trump's accountant must turn over his tax records to a New York state prosecutor. The 2nd U.S. Circuit Court of Appeals in Manhattan ruled Wednesday, Oct. 7. (AP Photo/Alex Brandon)

Bleak outlook without stimulus: More layoffs, anemic growth

Oct. 7, 2020 5:32 PM EDT

WASHINGTON (AP) — President Donald Trump's move Tuesday to cut off talks on another government aid package will further weaken an economy straining to recover from an epic collapse, economists say, and deepen the hardships for jobless Americans and struggling businesses. Half of all small businesses expect...