The company will also discontinue several international routes that were once popular leisure destinations but are now expected to see decreased demand. "In an effort to match low demand resulting from the coronavirus outbreak, the airline will realign its network with the goal of improving long-term profitability," the company said in a statement....
French TGV high-speed train maker Alstom is prepared to sell assets to secure early EU antitrust approval for its bid for Bombardier Inc's rail division, people familiar with the matter said. Alstom and Bombardier believe they have a strong case with few overlapping activities, even if EU antitrust regulators are not convinced by the concessions and instead opt to open a four-month long investigation, the people said. Alstom's bid for Bombardier, announced in February, is worth up to 6.2 billion euros ($7 billion)....
Stock futures surged as investors awaited a slew of critical employment data on the state of the U.S. labor market set for release later Thursday morning....
