U.S. airlines, saying it will take a ‘long time’ to recover, try to quickly reduce workforce
U.S. airlines are seeking to quickly reduce their workforces through early retirement packages or unpaid leave of up to 12 months with medical benefits in an effort to cut costs as the rapid spread of the coronavirus keeps people from flying.
Colorado funeral home operators indicted for illegally selling body parts
The operators of a Colorado funeral home whose side business of selling body parts without consent was exposed by a Reuters investigative report in 2018 were charged on Tuesday with fraud and illegally transporting diseased cadavers.
Detroit automakers, UAW agree to curb production to contain coronavirus
The Detroit Three automakers and United Auto Workers agreed on Tuesday to curtail production at U.S. factories and limit the number of workers on the job at one time to prevent the spread of the coronavirus among roughly 150,000 factory employees.
Mnuchin warns senators of 20% U.S. unemployment without coronavirus rescue -source
U.S. Treasury Secretary Steven Mnuchin warned Republican senators on Tuesday that the country’s unemployment rate could hit 20% if they failed to act on a proposed coronavirus rescue package and there was lasting economic damage, a person familiar with…
New York City may order residents to stay home in fight against coronavirus; governor doubts effectiveness
New York City may soon compel most people to stay in their homes except in emergencies or when shopping for essentials, Mayor Bill de Blasio said on Tuesday, but the state’s governor, Andrew Cuomo, doubted it would work.
California approves $1 billion in coronavirus funds, National Guard on alert
California Governor Gavin Newsom on Tuesday authorized the use of about $1 billion in emergency funds and put the National Guard on alert to help as the nation’s most populous state grappled with the coronavirus outbreak.
Mnuchin warns senators of 20% unemployment without coronavirus stimulus
U.S. Treasury Secretary Steven Mnuchin warned Republican senators on Tuesday that failure to act on a proposed coronavirus rescue package could lead to U.S. unemployment as high as 20% and lasting economic damage, a person familiar with the closed-door…
Trump ‘going big’ with $1 trillion stimulus as U.S. coronavirus deaths top 100
The Trump administration said on Tuesday it was pursuing a $1 trillion stimulus package that could deliver $1,000 checks to Americans within two weeks to buttress the economy as the number of deaths from coronavirus nationwide crossed 100.
Front-runner Biden projected to crush Sanders in Florida
Joe Biden was headed to a blowout victory over Bernie Sanders in Florida’s Democratic presidential primary on Tuesday, moving him closer to clinching the nomination to face President Donald Trump in November’s election.
California governor approves $1 billion in emergency coronavirus funds
California’s governor on Tuesday authorized the use of about $1 billion in emergency funds to help the state’s people deal with the coronavirus outbreak.