Windstream's restructuring plan gets green light from judge as it targets late August to emerge from Chapter 11

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Windstream's restructuring plan gets green light from judge as it targets late August to emerge from Chapter 11

After close to two days of testimony, a judge confirms Windstream’s reorganization plan, which means it’s on track to emerge from Chapter 11 in late August. (Getty Images). Share Facebook Twitter LinkedIn Email Print. It looks like all systems are go for …
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British Air Proposes Pay Cut for Attendants to Limit Job Losses

British Airways proposed a pay deal for its flight attendants that would guarantee 80% of current basic salaries while limiting the need for mass job cuts amid the Covid-19 pandemic. The carrier would also reduce expenses by targeting the variable allowance …
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Houston METRO to require face masks for employees, riders

HOUSTON — Houston METRO approved an order Thursday requiring all riders, employees, contractors and visitors wear a face covering unless impracticable due to a medical condition. The health and safety rule unanimously approved Thursday by …
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Fed Limits Bank Payouts and Suspends Share Buybacks as Pandemic Grinds On

WASHINGTON — The Federal Reserve on Thursday temporarily restricted shareholder payouts by the nation’s biggest banks, barring them from buying back their own shares or increasing dividend payments in the third quarter as regulators try to ensure …
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Harley-Davidson cutting 140 jobs

Harley-Davidson Inc. is cutting about 140 jobs in the United States as a result of a reduced production volume after the coronavirus shut assembly plants and dealers. Continue Reading Below. The cuts will include about 90 positions at Harley-Davidson’s …
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