Southwest extends limited seating on flights through September
Southwest Airlines Co said on Tuesday it will continue to limit bookings on its flights until at least September to maintain space between passengers.
Wall Street closes higher on signs of economic recovery
Wall Street advanced on Tuesday as the prospect of additional stimulus and a record jump in retail sales suggested the U.S. economy could bounce back sooner than expected, five months into its pandemic-inflicted recession.
Stocks and dollar gain on U.S. retail sales, drug trial
Risk appetite found new life on Tuesday on a record rebound in U.S. retail sales, fresh support from the Federal Reserve and Bank of Japan, and upbeat trial results for a COVID-19 treatment, driving global equity markets higher and boosting the dollar….
U.S. says former eBay workers sent live roaches, bloody pig mask to intimidate critics
Six former eBay Inc employees have been criminally charged with mounting a cyberstalking campaign against a Massachusetts couple whose online newsletter they viewed as critical of the e-commerce company, U.S. prosecutors announced on Monday.
Lufthansa shareholder Thiele raps bailout deal, raises stake
German investor Heinz Hermann Thiele sharply criticised a 9-billion-euro ($10.14 billion) bailout deal for carrier Lufthansa , saying he had raised his stake in the group to more than 15% and hoped alternative options could be explored.
Why some black-owned U.S. businesses are hardest hit by coronavirus shutdowns
After 15 years working as a hair stylist in other people’s salons, Gary Connell opened his “Healthy Hair” studio in Montgomery County, Maryland in early March, sinking his savings into a two-chair shop in a busy mall.
Oil prices rise 3% on signs of U.S. economic recovery
Oil prices rose 3% in volatile trade on Tuesday as Wall Street surged and the International Energy Agency (IEA) increased its oil demand forecast for 2020, but gains were capped by worries about a second wave of coronavirus cases.
Lufthansa shareholder Thiele raised stake to 15%: FAZ
German investor Heinz Hermann Thiele has raised his stake in Lufthansa , which this month agreed to a state bailout, to more than 15% from 10%, he told newspaper Frankfurter Allgemeine Zeitung in an interview.
U.S senators introduce bill to reform aircraft certification after 737 MAX crashes
A bipartisan group of U.S. senators introduced a bill on Tuesday to reform aircraft certification following two fatal Boeing Co 737 MAX crashes, lawmakers said in a statement.
Ex-Tommy Hilfiger boss Grieder to become new Hugo Boss CEO
German fashion house Hugo Boss has appointed former Tommy Hilfiger boss Daniel Grieder as its next chief executive, it said on Tuesday.
