United mandates masks for flight attendants, unions want passengers included
All United Airlines flight attendants must wear a face covering or mask while on duty starting April 24, the airline said on Thursday, one of the first major U.S. carriers to make such a requirement.
New York survey suggests nearly 14% in state may have coronavirus antibodies
A preliminary survey of New York state residents found that nearly 14% of those tested had antibodies against the novel coronavirus, suggesting that some 2.7 million may already have been infected, Governor Andrew Cuomo said on Thursday.
Ruth’s Chris owner to speed repayment of $20 million federal rescue loan
Ruth’s Hospitality Group Inc, owner of the Ruth’s Chris Steak House chain of restaurants, on Thursday said it would quickly repay $20 million of federal rescue loans it received to help maintain payroll through the coronavirus crisis, a program aimed a…
Congress approves $484 billion coronavirus-relief bill
The U.S. House of Representatives on Thursday passed a $484 billion bill to expand federal loans to small businesses impacted by the coronavirus outbreak and hospitals overwhelmed by patients suffering from COVID-19.
TD Ameritrade restricts customer trading in crude oil futures: statement
Electronic brokerage TD Ameritrade Holding is restricting customers from buying new positions in certain crude oil contracts after an unprecedented sell-off that sent prices below negative-$40 on Monday, a company official said on Thursday.
Fed says working to broaden access to ‘PPP’ facility beyond banks
The Federal Reserve said on Thursday it will “shortly” announce new rules to expand access to a small business lending program beyond banks, so that a broader set of institutions can participate.
Intel not updating full-year outlook due to ‘economic uncertainty’
Intel Corp on Thursday forecast second-quarter earnings below Wall Street views as it cited the cost of readying a new PC chip and said it would not update its full-year forecast because of “significant economic uncertainty” amid the coronavirus pande…
UAW says virus makes early May restart of U.S. auto plants ‘too risky’
The head of the United Auto Workers union on Thursday said it was “too soon and too risky” to reopen auto plants and Michigan’s economy in early May, citing insufficient scientific data and coronavirus testing to assure workplaces are safe.
Colombia’s Avianca says its survival is in doubt due to coronavirus crisis
There is “substantial doubt” about Avianca Holdings’ ability to stay in business due to the coronavirus crisis, the Colombian airline reported on Thursday, citing the conclusion of its financial auditors.
U.S. House looks set to pass $500 billion coronavirus bill and oversight panel
The U.S. House of Representatives looked poised to pass a $484 billion coronavirus relief bill on Thursday, funding small businesses and hospitals and pushing the total spending response to the crisis to an unprecedented nearly $3 trillion.
