Airlines

American Airlines planes stored at Pittsburgh International Airport sit idle on a closed taxiway in Imperial, Pa., on Tuesday, March 31, 2020. As airlines cut more service, due to the COVID-19 pandemic, Pittsburgh International Airport has closed one of its four runways to shelter in place 96 planes, mostly from American Airlines, as of Monday, March 30, 2020. The airport has the capacity to store 140 planes. (AP Photo/Gene J. Puskar)
SKY News
April 10, 2020 - 8:52 pm
The Trump administration is proposing that a significant amount of the $25 billion in cash that airlines expected to keep workers on the job will instead be low-interest loans that big airlines will have to repay, according to two people familiar with the matter. The Treasury Department began...
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An Indian policeman wearing a virus themed helmet rides on a horse during an awareness rally aimed at preventing the spread of new coronavirus in Hyderabad, India, Thursday, April 2, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Mahesh Kumar A.)
SKY News
April 02, 2020 - 6:59 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Thursday related to the global economy, the work place and the spread of the virus. ____________ ZOOM: At the end of last year, the video-conferencing company Zoom had...
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In this image provided by Jay Woods, Woods, a Designated Market Maker with IMC and NYSE Floor Governor, who normally works on the New York Stock Exchange trading floor, works in his home office in Basking Ridge, N.J., Thursday, March 26, 2020. Stocks are opening lower on Wall Street, Friday, March 27, as the market gives back some of the gains it piled up over the past three days. (Shannon Woods/Courtesy Jay Woods via AP)
SKY News
March 27, 2020 - 5:22 pm
Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being caused by the coronavirus. The S&P 500 closed 3.4% lower, but still climbed 10.3% for...
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A woman wearing a face mask passes by posters about precautions against new coronavirus at a subway station in Seoul, South Korea, Saturday, March 21, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Ahn Young-joon)
SKY News
March 22, 2020 - 11:57 pm
SEOUL, South Korea (AP) — The Latest on the coronavirus pandemic, which has infected more than 336,000 people and killed more than 14,600. The COVID-19 illness causes mild or moderate symptoms in most people, but severe symptoms are more likely in the elderly or those with existing health problems...
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In this image from video, Senate Majority Leader Mitch McConnell, R-Ky., speaks on the Senate floor at the U.S. Capitol in Washington, Saturday, March 21, 2020. (Senate Television via AP)
March 22, 2020 - 1:13 am
WASHINGTON (AP) — Top-level negotiations between Congress and the White House are pushing toward resolution on a ballooning $1 trillion-plus economic rescue package, as President Donald Trump urged a deal to steady a nation shuttered by the coronavirus pandemic. With a population on edge and...
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A United Express airplane is sprayed with deicing fluid while waiting for take off from Denver International Airport as travelers deal with the spread of the coronavirus Friday, March 20, 2020, in Denver. According to the World Health Organization, most people recover in about two to six weeks depending on the severity of the illness. (AP Photo/David Zalubowski)
SKY News
March 20, 2020 - 7:33 pm
Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China. The outbreak of the virus that causes COVID-19 has caused unprecedented disruptions that have brought an unparalleled shock to the global economy. Following are developments...
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Senate Majority Leader Mitch McConnell of Ky., walks back to his office on Capitol Hill in Washington, Tuesday, March 17, 2020. (AP Photo/Susan Walsh)
SKY News
March 18, 2020 - 1:39 pm
WASHINGTON (AP) — The Treasury Department said Wednesday it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and...
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President Donald Trump speaks during a press briefing with the coronavirus task force, in the Brady press briefing room at the White House, Monday, March 16, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
March 16, 2020 - 9:14 pm
WASHINGTON (AP) — Racing to stall an expected surge of coronavirus cases, the White House on Monday released a series of sweeping guidelines that for the next 15 days will temporarily rewrite the norms of American society. President Donald Trump, employing a newly somber tone about the crisis...
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An Indian wears a mask and walks on a street in Hyderabad, India, Thursday, March 5, 2020. A new virus first detected in China has infected more than 90,000 people globally and caused over 3,100 deaths. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it. (AP Photo/Mahesh Kumar A.)
March 05, 2020 - 6:10 pm
The economic affects of the coronavirus have preceded the spread of the virus itself, with financial markets swinging wildly, companies closing offices or asking employees work from home in affected areas, and throttling air travel across the globe. Following is a brief look at how things are...
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Travelers wear protective mask as they walk through in terminal 5 at O'Hare International Airport in Chicago, Sunday, March 1, 2020. (AP Photo/Nam Y. Huh)
SKY News
March 04, 2020 - 4:31 am
Amazon and other big companies are trying to keep their employees healthy by banning business trips, but they've dealt a gut punch to a travel industry already reeling from the virus outbreak. The Seattle-based online retail giant has told its nearly 800,000 workers to postpone any non-essential...
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