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'Let's Go Fly, for God's Sake.' Behind American Airlines Chief's All-In Strategy FORT WORTH, Texas—Airline leaders have two choices today, neither good: Spend scarce cash to get back in the air despite Covid-19 health perils or hunker down and risk surrendering market share later. Doug Parker, American Airlines AAL -7.37% Group ...
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How the massive Twitter hack may have happened (CNN Business) A group of former Twitter (TWTR) employees who watched in shock as a hack compromised the accounts of some of the most prominent people on the social network, including Barack Obama, Joe Biden and Elon Musk, are among those ...
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Oil prices slip as clouds gather over fuel demand, looser supply curbs SINGAPORE/MELBOURNE (Reuters) - Oil prices edged lower on Friday, with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases surge in several countries just as major producers get set to loosen ...
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US cars 'must be left out of post-Brexit trade deal' Safety experts are urging the UK government to exclude American cars from any post-Brexit trade deal. They say imported vehicles should meet British safety standards for accidents with pedestrians, cyclists and children. UK PM Boris Johnson has indicated ...
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CANADA FX DEBT-C$ little changed vs US dollar; bond yields higher ... * Bond yields up across maturity curve * Oil prices fall, initially weigh on CAD * U.S. coranavirus cases surge; Canada new infections up (Recasts, adds comment, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, July 17 (Reuters) - The Canadian ...
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Mask-wearing, embraced by economists as key to the recovery, proves politically tricky for the Fed A top Federal Reserve official is calling on Americans to wear masks, saying the act can have enormous, crucial benefits for the recovery, directly connecting the economy's future to a practice more commonly seen as a public health tool that is also fanning ...
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Unemployment Checks Could Be Extended — Key Figures Suggest There's been rampant speculation on the likelihood of an extension of federal unemployment benefits, especially in light of the pending expiration on July 31. But an important domino fell in the direction of a benefit extension with the July 16 release of initial ...
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India's petrol, diesel demand falls due to high prices, lockdown NEW DELHI (Reuters) - Indian state refiners' petrol and diesel sales declined in the first half of July from the same period last month, according to preliminary data, as a renewed lockdown in parts of the country and rising retail prices hit demand. FILE PHOTO: ...
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Regions reports $237 million net loss available to common shareholders for the second quarter of 2020 BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corporation (NYSE:RF) today announced results for the second quarter ended June 30, 2020. The company reported a net loss available to common shareholders of $237 million, or $0.25 loss per ...
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Chinese Regulators Take Over Nine Financial Institutions, Citing Risks HONG KONG—Chinese financial regulators on Friday took over nine financial institutions they said broke rules and added risk to a financial system facing increasing headwinds from the coronavirus pandemic. The takeovers of four insurers, two trust firms ...
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