American Airlines Drastically Slashes Domestic and International Flights

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American Airlines Drastically Slashes Domestic and International Flights

American Airlines (AAL) – Get Report said it would cut between 70% and 75% of flights in April and about 80% of flights in May as the coronavirus pandemic drastically reduces travel demand. The airline, the largest in the U.S., said it would cut almost 90% of …
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RPT-Fed's dilemma: Picking winners for $4 trillion in credit

(Repeats to new story number). By Howard Schneider. WASHINGTON, April 3 (Reuters) – When the Federal Reserve polled Wall Street about financial stability risks last fall, “global pandemic” didn’t make the list. But the coronavirus outbreak has triggered …
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Zoom is showing how to respond to criticism the right way

Sometimes it takes years of criticism to get a company to do the right thing. Every once in a while, it can happen overnight. Wednesday night was such a night. After a series of investigative reports, blog posts, and Twitter threads examining Zoom’s design …
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Fitch Rates Howard County, MD's $364 Million GOs 'AAA'; Outlook Stable

Fitch Ratings – New York – 02 Apr 2020: Fitch Ratings has assigned a ‘AAA’ rating to the following Howard County, MD general obligation (GO) bonds: –$118,765,000 Consolidated Public Improvement Project Bonds, 2020 Series A;. –$49,515,000 …
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PRECIOUS-Gold eases on firm dollar, but holds tight range ahead of US data

(Updates throughout, adds comments) * U.S. non-farm payrolls data due at 1230 GMT * Dollar heads for a 2% weekly rise * Interactive graphic tracking the global spread: open tmsnrt.rs/3aIRuz7 in an external browser By Brijesh Patel April 3 (Reuters) – Gold …
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