Qantas pauses plane deliveries from Airbus, Boeing due to virus
SYDNEY (Reuters) – Qantas Airways Ltd (QAN.AX) said on Monday it had advised Airbus SE (AIR.PA) and Boeing Co (BA.N) that it did not expect to take delivery of any … Read More
Category: Business
Tesla CEO Elon Musk threatens to exit California over virus restrictions – The Denver Post
Tesla CEO Elon Musk threatened Saturday to pull the company’s factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening … Read More
Exclusive: J.C. Penney to file for bankruptcy as soon as next week, sources say
(Reuters) – J.C. Penney Co Inc (JCP.N) is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly … Read More
50 Coloradans have been allowed to stay on unemployment after refusing work, labor official says
The phased reopening of Colorado’s economy amid the coronavirus pandemic means detective work for the people who oversee the state’s unemployment benefits program. So far state labor officials have opened … Read More
Up to 500 private home projects to get more time to finish and sell by ABSD deadlines: Finance Ministry
SINGAPORE – Up to around 500 private housing developments in Singapore could benefit from a six-month extension to the original timeline for the completion and sale of the projects’ housing … Read More
Stocks boosted by U.S.-China talks ahead of key U.S. jobs data
LONDON (Reuters) – Global shares rallied on Friday as investors cheered signs of improving Sino-American relations and looked towards more governments gradually reopening their economies. The positive mood stands in … Read More
Free beer! German brewery gives away beverages it can't sell
WILLINGEN, Germany (Reuters) – Unable to deliver to hotels and restaurants closed due to coronavirus restrictions, a German brewery on Thursday gave away some 2,600 litres (690 gallons) of beer. … Read More
World stocks climb on China trade relief, while U.S. jobs data dents dollar
NEW YORK (Reuters) – World shares rose on Thursday after China’s exports came in far stronger than expected, suggesting an economic recovery was under way, but the dollar fell from … Read More
Millions more Americans join the unemployment line
WASHINGTON (Reuters) – Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as many … Read More
Frontier Airlines rescinds empty middle seat charge after lawmaker pressure
(Reuters) – U.S. budget carrier Frontier Airlines withdrew on Wednesday a “More Room” policy that would have given passengers the option of paying extra to keep the middle seat empty … Read More
WTO must decide if U.S. complied with Boeing aid ruling, Airbus says
WASHINGTON (Reuters) – The World Trade Organization must decide whether the United States has fully complied with WTO rulings on illegal government aid to Boeing Co (BA.N), and that process … Read More