March 17, 2020

Exxon pledges ‘significant’ spending cuts amid coronavirus, oil slide

Exxon Mobil on Monday said it will make “significant” cuts to spending in the face of the unprecedented slide in oil prices due to the global […]
March 16, 2020

McDonald’s, Starbucks limit dine-in service in U.S. to slow coronavirus

McDonald’s Corp and Starbucks Corp have decided to close dine-in areas at many U.S. stores and shifted to take-away and delivery services, even as major cities […]
March 16, 2020

Boeing in talks for short-term U.S. government assistance: source

Boeing Co is in talks with senior White House officials and congressional leaders about short-term assistance for itself and the aviation sector, a person familiar with […]
March 16, 2020

Amazon to hire 100,000 workers as online orders surge on coronavirus worries

Amazon.com Inc on Monday said it would hire 100,000 warehouse and delivery workers in the United States to deal with a surge in online orders, as […]
March 16, 2020

Another black Monday as coronavirus response upends Wall Street

Wall Street suffered its biggest drop since the crash of 1987 on Monday after unprecedented steps taken by the Federal Reserve, lawmakers and the White House […]
March 16, 2020

Airlines, airports seek fresh ways to deal with cash crunch amid crisis

Airlines and airport operators said they are taking steps such as suspending dividends, selling and leasing back airplanes and flying cargo on empty passenger jets as […]
March 16, 2020

EU regulators ask companies to delay merger filings over coronavirus disruption

European Union regulators have asked companies seeking to complete their desired mergers to delay submitting antitrust filings due to the coronavirus outbreak. Powered by WPeMatico
March 16, 2020

Brought to the brink by coronavirus, airlines seek emergency aid

Airlines made unprecedented cuts to flights, costs and staffing on Monday, stepping up calls for emergency aid as coronavirus lockdowns and new travel restrictions hit more […]
March 16, 2020

Latin America’s largest airline to cancel 90% of its international flights

LATAM Airlines Group, South America’s largest carrier, on Monday canceled 90% of its international flights as demand collapsed and countries shut down borders due to the […]
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