Air Canada is set to lay off more than 5,100 members of its cabin crews because of a decline in flights following the coronavirus outbreak, CBC News reported https://www.cbc.ca/news/canada/british-columbia/more-than-5-100-air-canada-flight-attendants-to-be-laid-off-amid-massive-covid-19-slowdown-1.5504051 late on Thursday.
Shattered airlines were left counting the cost of government support as politicians in the United States and New Zealand set out conditions for bailouts needed to absorb the shock of coronavirus.
Thailand reported 50 new coronavirus infections, taking its tally to 322, a health official said on Friday, with the majority located in Bangkok, the capital.
German restaurant chain Vapiano SE on Friday said it had opened insolvency proceedings and would apply for government assistance programs to avoid bankruptcy, blaming the corona crisis for a further drop in sales.
Oil prices rose on Friday as the world's richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven recession and U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia.
Brazil's coronavirus death toll rose to seven on Thursday, including the first fatalities in tourist hotspot Rio de Janeiro, as Latin America's largest nation closed more borders to visitors and the foreign minister waded into a diplomatic spat with China.
Toyota Motor Corp said on Thursday it will extend a planned two-day shutdown of all North American plants through April 3 as the spread of coronavirus continues.
A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of everyday American life to a halt, could drive new applications for U.S. unemployment benefits to a record 1.5 million or more next week, economists warned on Thursday.
A plan unveiled on Thursday by Senate Democrats to forgive $10,000 in student debt amid the coronavirus goes much further than the Trump administration's temporary interest waiver.
Amazon.com Inc said on Thursday it has halted its Prime Pantry delivery service in the United States to restock groceries, following a surge in online orders by shoppers worried about the coronavirus pandemic.
History will measure your presidency by how many deaths were prevented, not on what the Dow Jones average was in March of 2020, writes former Sen. Heidi Heitkamp.
Brazil's tourist hotspot Rio de Janeiro reported its first two coronavirus deaths on Thursday, bringing the country's toll to six, as Latin America's largest nation closed more borders to visitors and the foreign minister waded into a diplomatic spat with China.
By Sarah Young, Costas Pitas, Giulio Piovaccari and Elvira Pollina
U.S. crude oil prices spiked by 25% on Thursday, the largest single-day gain on record, recouping some losses from three days of selling that drove the benchmark to near 20-year lows.
The Treasury Department may have given you more time to pay your 2019 taxes, but the April 15 deadline still holds for IRA contributions. What you should know.