Trump says airlines could receive grant details this weekend; sources say around 275 applied
U.S. President Donald Trump said on Thursday that airlines could receive details this weekend about the terms of a $32 billion payroll grant to offset...
Delta says 35,000 workers taking up voluntary unpaid leaves, still seeking more
Delta Air Lines Inc Chief Executive Ed Bastian said on Thursday that nearly 35,000 workers had volunteered so far for voluntary unpaid leaves of absence...
Your remote work questions, answered
Many Americans have found themselves quickly adjusting to new routines, offices and “co-workers” as mass lockdowns keep millions of employees confined to their homes and...
Volkswagen furloughs 1,500 workers at Tennessee auto plant starting April 11
Volkswagen AG said Thursday it will furlough 1,500 workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the...
Oil sinks as market doubts OPEC supply cuts will be enough
Oil prices tumbled on Thursday on doubts that a deal between OPEC and allies to make a record oil supply cut would be enough to...
Facebook must face renewed privacy lawsuit over user tracking
A federal appeals court on Thursday revived nationwide litigation accusing Facebook Inc of violating users’ privacy rights by tracking their internet activity even after they...
U.S. Treasury chief to brief Trump on aviation aid review
U.S. Treasury Secretary Steve Mnuchin was due to brief President Donald Trump at the White House on Thursday about the government’s review of requests for...
Saudi, Russia agree record oil cut under U.S. pressure as demand crashes
OPEC and its allies led by Russia agreed on Thursday to cut their oil output by more than a fifth and said they expected the...
Instant View: OPEC+ cuts will not be enough to halt oil collapse – analysts
OPEC and other major oil producers on Thursday said they would cut output by 10 million barrels per day for two months in the face...
Caterpillar seeks fresh $3 billion loan to boost liquidity: source
Caterpillar Inc is in talks with banks for a fresh $3 billion nine-month revolving credit facility, a person familiar with the matter said on Thursday....