Airlines cancel another 1,600 flights, citing worker coronavirus cases
CNN
Airlines continue to cancel and delay flights by the thousands as their operations struggle with an untold number of workers calling out sick with coronavirus.
Carriers have canceled more than 1,620 flights as of Thursday afternoon and delayed more than 1,350 nationwide according to flight tracking site FlightAware. On Wednesday, US airlines canceled a total 1,790 flights and delayed another 6,097 flights.
Southwest Airlines (LUV) has canceled 562 flights, or 18% of its total schedule, as of noon Thursday, more than any other US carrier.
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Businesses spent years diversifying away from China. Trump’s trade war could destroy those economies
For Tim Hsu, who sells modern lamps and ceiling lights mostly to American customers, US President Donald Trump’s historic tariff announcement has upended his carefully made plans.
President Donald Trump on Wednesday launched a US trade war with every country via a barrage of tariffs that are set to go into effect almost immediately. American consumers and businesses stand to pay a hefty price for that battle.
Stellantis has “paused production” at some of its Canadian and Mexican auto assembly plants due to the newly announced tariffs — and as a result, some US workers will also be temporarily laid off.
More than 275,000 layoffs were announced last month, reaching a level not seen since the pandemic, according to a new report published Thursday.
Stock markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatened to plunge the US and global economies into a recession.
This is the dubious way Trump appears to have calculated his ‘reciprocal’ tariffs
There’s nowhere to hide in the auto industry from President Donald Trump’s auto tariffs, according to former Ford CEO Mark Fields.
All it took was losing $100 billion in three months to make Elon Musk change his tune on government work.
Stock markets across the Asia-Pacific region tumbled on Thursday after US President Donald Trump imposed tariffs on trading partners around the world, with many Asian countries taking the biggest hits.
The sweeping tariffs announced by US President Donald Trump on Wednesday target not only economic superpowers but also financial minnows. In fact, a White House list notes some territories with no economy, and no people, at all.
Europe prepares countermeasures to Trump’s tariffs, calling them a ‘major blow to the world economy’
The European Union is preparing countermeasures to US President Donald Trump’s announcement of 20% tariffs on imports from the bloc, which it called a “major blow to the world economy.”
Wall Street had hoped for a rally. Stock futures are in a free fall as investors digest President Donald Trump’s sweeping tariffs.
President Donald Trump imposed 54% tariffs on all Chinese imports into the United States Wednesday as part of his sweeping “Liberation Day” reset of American trade global policy.