(Bloomberg) -- The U.S. Surgeon General cast doubt on the Trump administration goal of a quick restart of the economy, saying most of the nation won’t be ready by May 1. The top U.S. infectious disease expert said tests to find virus antibodies will be available in a week.Spain reported the fewest number of deaths since March 24, and the pace of new cases slowed in Germany. Italy is seeing a downward trend in infections and may extend its lockdown into May, while U.K. Prime Minister Boris Johnson is starting his recovery.European Union finance ministers agreed on a $590 billion rescue package.U.S. Vice President Mike Pence and one of the country’s top health officials said reopening the economy hinges partly on the government seeing major communities at the end of their outbreaks.Key DevelopmentsCoronavirus Tracker: Global Cases 1.62 Million; Deaths 97,200‘No Sail Order’ for cruise ships extended; Boeing may cut jobsPotential coronavirus...
Exactly three years ago United Airlines (NASDAQ:UAL) violently removed a passenger from an overbooked flight, dragging him through the plane’s aisle while the man was screaming in protest. Blood was coming out of the man’s mouth. I embedded the video below. Was it that passenger’s fault that United Airlines sold more tickets than the number […]...
(Bloomberg) -- Delta Air Lines Inc. has been downgraded by Fitch Ratings to junk.The firm lowered its rating on Delta’s debt to “BB+” from “BBB-” and warned that another downgrade is possible as air travel suffers with the spread of the coronavirus. The airline does, however, have more financial flexibility than some rivals, Fitch said in an assessment of the industry.“Though Delta remains a stronger credit than its network peers, debt raised to sustain liquidity through the pandemic will drive credit metrics outside of a range supportive of investment-grade ratings at least through 2021 and likely into 2022,” Fitch said in a statement.Airlines have been battered by the collapse in travel, and have responded by offering workers leaves, grounding planes, cutting flights and freezing hiring, among other steps. The number of passengers screened at airport security checkpoints has fallen more than 90% from a year ago, the Transportation Security Administration has...
Effective April 10, New Jersey is requiring workers and customers to wear cloth face covering while on the premises of the essential retail businesses, warehouses, and construction sites that are still allowed to be open during the COVID-19 pandemic. ...
Chocolatiers and bakers around the world are getting creative for Easter this year in hopes of helping put smiles on people's faces and honoring our doctors....
