The Company has adopted the accrual basis of accounting and the financial statements have been prepared on a historical cost basis. – 7 -. ACCOUNTS
See Original Article

London (CNN Business) Global aviation is shutting down in response to the coronavirus outbreak and many airlines will need government bailouts within weeks or face bankruptcy. Airlines across the world are grounding planes, laying off workers and …
See Original Article

Federal officials said Friday they are investigating after a crack ruptured the skin on a Boeing 737 jet operated by Southwest Airlines, causing the plane to gradually lose cabin pressure. The incident occurred March 9 on a flight from Las Vegas to Boise, Idaho.
See Original Article

Rite Aid Corp. RAD, -11.96% gave an update to its forecast on Monday heading into its analyst event, which is being hosted via webcast. The pharmacy retailer now expects fiscal 2020 revenue between $21.9 billion and $21.925 billion and same-store sales …
See Original Article

(This is the second in a series on the impacts of the coronavirus on employment and the workplace. The first is here.) In the old economy (three weeks ago), remote work was a growing but still limited part of the workforce. Only around 5.3% of American …
See Original Article