Southwest Airline plans to avoid furloughs and layoffs through 2021, Chief Executive Gary Kelly told employees on Monday.
The International Monetary Fund on Monday said member governments should seize a low interest rate opportunity to invest in infrastructure to drive recovery from the coronavirus pandemic and a shift toward greener energy.
U.S. commercial bankruptcy filings are up 33per cent so far this year with new cases in September surging by 78per cent from a year earlier as the recession triggered by the COVID-19 pandemic hits small businesses, data released on Monday showed.
Slack Technologies Inc said on Monday some of it users were facing faulty performance on its workplace messaging platform, which is widely used by employees working remotely during the COVID-19 pandemic.
A U.S. judge on Monday ordered Cisco Systems Inc to pay US$1.9 billion after a Virginia company accused it of infringing patents related to complex computer network security functions.
Federal Communications Commission (FCC) chairman Ajit Pai said Monday he stands by the agency's repeal of landmark net neutrality rules and circulated a proposal to address three issues raised by a U.S. appeals court.
Hospital operator Universal Health Services said on Monday that it is reconnecting its IT network following a cyberattack that prompted it to shut down its network a little over a week ago.
Several publicly traded energy companies took millions of dollars in US taxpayer-funded loans to support their businesses even as those firms had access to other ways to generate cash, according to a Reuters analysis of US Securities and Exchange Commission and other government data.
Wall Street's main indexes opened higher on Monday as doctors said President Donald Trump could be discharged from the hospital where he is being treated for COVID-19, while hopes of a new fiscal stimulus bill also lifted sentiment.
Facebook and Belgium's privacy watchdog sparred on Monday at Europe's top court over which data protection authority has the power to police the U.S. social media giant in a case that could escalate its privacy fights across the EU.
