Delta warns investors: 'It may be two years or more' for air travel recovery

Delta warns investors: 'It may be two years or more' for air travel recovery

New York (CNN Business) Yet again, Delta Air Lines posted massive quarterly losses — and the company is warning investors “it may be two years or more” for air travel demand to return to normal. The airline posted a $2.1 billion operating loss in the third …
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Holy Donut closing Old Port shop

The Holy Donut announced Tuesday that it’s closing its shop on Exchange Street in the Old Port, deciding not to renew its lease because of the “tremendous impact” the pandemic has had on business there. Monday will be the shop’s final day in business, …
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IMF sees less severe global contraction but trouble in emerging markets

WASHINGTON (Reuters) – Forecasts for the global economy are “somewhat less dire” as rich nations and China have rebounded quicker than expected from coronavirus lockdowns, but the outlook for many emerging markets has worsened, the International …
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NYS Thruway holding virtual public hearings this week on toll increases

ALBANY — The New York State Thruway Authority will hold three virtual public hearings in October 2020 for members of the public to comment on a proposal to adjust tolls on the Thruway starting Jan. 1. The meetings will be held virtually through Cisco …
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IEA's best case scenario calls for energy demand recovery in 3 years

Global energy demand isn’t likely to return to levels seen before the COVID-19 crisis for another three years, under the best case scenario presented by the International Energy Agency’s World Energy Outlook report issued Tuesday. “The Covid-10 pandemic …
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