American Airlines is beginning the phased return of furloughed workers after Congress passed a massive COVID-19 aid package with US$15 billion in payroll support for airlines, its executives said in a staff memo on Tuesday.
The US$900 billion coronavirus relief package passed by the U.S. Congress https://www.reuters.com/article/us-health-coronavirus-usa-congress/after-months-of-inaction-u-s-congress-approves-892-billion-covid-19-relief-package-idUSKBN28V176 on Monday contains a high-profile tax loophole for business ...
The U.S. Federal Reserve ordered Credit Suisse Group AG on Friday to strengthen its anti-money laundering policies after bank examiners found deficiencies in its U.S. operations.
The Nasdaq was propped up by Apple on Tuesday following a report that the iPhone maker was planning car and battery production, while the Dow and the S&P 500 slipped on weak consumer confidence and home sales readings.
Relatives of Boeing Co 737 MAX crash victims on Tuesday urged the European Union Aviation Safety Agency (EASA) to delay approving the aircraft's return to service, saying there are unanswered questions about its safety.
WASHINGTON :President Donald Trump on Tuesday signed a stopgap measure to fund U.S. agencies for another week while Congress passed a massive COVID-19 aid and government funding package overnight aimed at bolstering the nation's pandemic response and its battered economy.
NEW YORK: US companies and industry groups trying to move their workers to the front of the line for a COVID-19 vaccine remain confused about conflicting state and local guidelines on how shots will be administered and to which workers, even as millions of doses make their way across...
U.S. home sales fell more than expected in November after five straight month of gains amid a shortage of properties and more expensive houses, but the housing market remains underpinned by record low mortgage rates.
WASHINGTON :The U.S. economy grew at a record pace in the third quarter, fueled by more than US$3 trillion in pandemic relief, the government confirmed on Tuesday, but appears to have lost momentum as the year drew to an end amid raging new COVID-19 cases and dwindling fiscal stimulus....
Alaska Airlines has agreed to buy 23 Boeing Co 737 MAX 9 jets, the companies said on Tuesday, confirming an Oct. 8 Reuters report that the U.S. planemaker was in talks with Alaska to stimulate demand for the jet's comeback.
