Temperature checks, masks the new normal for air travel, says Dubai airport CEO
Temperature screening and face masks will become common sights at airports to mitigate the spread of the new coronavirus but physical distancing could make flying...
U.S. weekly jobless benefits to stay elevated as coronavirus layoffs widen
The global novel coronavirus crisis continues to batter the U.S. labor market, with millions more Americans, including white collar workers, expected to have filed for...
Asian stocks set to slide on U.S. Fed fears, interest rate stance
Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of a “significantly worse” U.S. recession than any downturn...
United Airlines employee files class action lawsuit over unpaid days off policy
A United Airlines Holdings Inc non-union employee filed a class action lawsuit on Wednesday alleging that a requirement that management and administration employees take 20...
Mexico green lights auto industry restart, heeding U.S. calls
Mexico will begin opening some automotive factories from May 18 under a plan unveiled on Wednesday that loosens coronavirus restrictions and paves the way for...
All eyes on Detroit as automakers ready slow, careful reopening of plants
The U.S. factories that make Fords, Chevys and Jeeps are coming back to life this week as workers install new safety equipment and wake up...
Brazil’s Gol values Boeing’s 737 MAX compensation at up to $412 million
Brazil airline Gol Linhas Aereas Inteligentes said on Wednesday it will receive up to 2.4 billion reais ($412 million) from Boeing Co as compensation for...
Less than zero? Fed’s Powell shows no love for negative rates
Federal Reserve Chair Jerome Powell had a clear message to interest rate futures traders on Wednesday: Bets the U.S. central bank is headed toward a...
Trump extends U.S. telecom supply chain order aimed at Huawei, ZTE
President Donald Trump on Wednesday extended for another year an executive order signed in May 2019 declaring a national emergency and barring U.S. companies from...
Wall Street ends down on Powell’s sober outlook, call to Congress for help
The S&P 500 closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic weakness...