Fifteen U.S. airlines were granted final government approval on Wednesday to temporarily halt service to 75 domestic airports as travel demand has been crushed due to the coronavirus pandemic. The…
Category: Business
Uber signals recovery in rides as lockdown restrictions ease
Uber Technologies Inc said on Wednesday trip requests were gradually picking up, but still remained significantly below prior year levels, as several countries start to lift coronavirus-led restrictions. Trip requests…
Trump administration to bar Chinese passenger carriers from flying to U.S.
President Donald Trump’s administration on Wednesday barred Chinese passenger carriers from flying to the United States starting on June 16 as it pressures Beijing to let U.S. air carriers resume…
On Raul Castro’s birthday, U.S. threatens Cuba remittances
The Trump administration expanded on Wednesday its list of Cuban entities that Americans are banned from doing business with to include the financial corporation that handles U.S. remittances to the…
Snapchat removes Trump account from curated promotional section
Snap Inc said it would no longer promote U.S. President Donald Trump’s account in Snapchat’s Discover section, saying his incendiary comments last week made the account ineligible for the curated…
ECB sends euro higher, stocks pause after week-long rally
The euro jumped to a 12-week high against the dollar on Thursday after another shot of European Central Bank stimulus to help economies slammed by the coronavirus pandemic, but world…
Early Facebook staffers denounce Zuckerberg stance on Trump posts
Nearly three dozen former employees from Facebook’s early days on Wednesday blasted Chief Executive Mark Zuckerberg’s decision not to act against incendiary posts by U.S. President Donald Trump as “cowardly”…