U.S. airlines face deadline to apply for federal payroll grants
U.S. airlines and airport contractors faced a deadline of 5 p.m. EDT (2100 GMT) on Friday to tap the federal government for up to $32...
U.S. warns airlines to quickly refund tickets after canceled flights
The U.S. Transportation Department on Friday issued a notice to airlines reminding them they are obligated to refund tickets when they cancel a flight or...
Canada signs agreement with Amazon Canada to distribute medical equipment
Canada has signed an agreement with Amazon Canada to ensure medical equipment is delivered where it is most needed in the country’s fight against the...
Dollar gains on safe-haven bids; shrugs off horrible U.S. jobs number
The dollar firmed against major currencies for a third straight day on Friday, as investors took shelter in the U.S. currency amid worsening economic fallout...
U.S. small businesses flood Bank of America with loan applications
Bank of America Corp said on Friday it has already received about 35,000 applications for federally backed small-business loans within hours of starting to accept...
Global stocks edge lower on economic toll from coronavirus; oil rallies
Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued...
Deep oil output cuts won’t offset unprecedented demand loss: IEA
Deep output cuts by OPEC and other oil producing nations will not prevent a huge build up of crude, the head of the IEA said...
Brent crude jumps above $33 on hopes of oil output deal
Crude futures surged for a second day on Friday, with benchmark Brent up 11% on hopes that a global deal to cut crude supply worldwide...
Wall Street falls as coronavirus ends record job growth
Wall Street’s main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end,...
U.S. biofuels industry seeks bailout to weather ‘collapsing demand’: letter
The U.S. biofuel industry has asked the Trump administration for funds from the U.S. Department of Agriculture’s Commodity Credit Corporation to help it survive a...