Abu Dhabi’s Etihad extends suspension of scheduled flights to at least May 16
Abu Dhabi’s Etihad Airways said on Saturday it would extend its suspension of scheduled passenger flights until at least May 16 due to the coronavirus...
Trump threatens to block aid for U.S. Postal Service if it does not raise prices for Amazon
President Donald Trump on Friday threatened to block federal aid for the U.S. Postal Service unless it raises shipping rates for online companies like Amazon.com,...
Japan Airlines looking to tap banks for $2.8 billion in funding: NHK
Japan Airlines Co is discussing the possibility of securing financing totaling $2.8 billion from its lenders to cushion the financial blow of the coronavirus outbreak,...
Proxy advisers recommend Boeing shareholders vote against key board members
Two proxy advisers, Glass Lewis and Institutional Shareholder Services (ISS), have recommended that shareholders of Boeing Co vote against key board members of the planemaker...
Volkswagen pushes back possible restart of operations in Mexico
German automaker Volkswagen will extend until at least May 18 a suspension on operations at two production plants in Mexico due to the ongoing coronavirus...
As U.S. coronavirus death toll tops 51,000, handful of states move toward reopening
With the U.S. coronavirus death toll topping 51,000 and nearly one in six workers out of a job, Georgia, Oklahoma and several other states took...
U.S. weighs taking equity stakes in U.S. energy companies, Mnuchin says
The U.S. government is considering taking equity stakes in U.S. energy companies as it seeks to help the nation’s oil and gas sector amid the...
U.S. deficit could quadruple to $3.7 trillion in coronavirus crisis: CBO
A nationwide business shutdown and surge in U.S. government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year as...
Icahn sees opportunities but warns of more ‘downdrafts’ ahead: Bloomberg
Billionaire investor Carl Icahn said he expects to see “good opportunities” to buy after the historic stock market sell-off but warned there will likely be...
Brazil JBS workers catch COVID-19 in latest meat plant outbreak
A JBS SA poultry plant in southern Brazil was hit by an outbreak of COVID-19, a source close to the company said on condition of...