American Airlines, United Airlines furloughs to impact thousands of employees -TV

American Airlines, United Airlines furloughs to impact thousands of employees -TV

CHICAGO — United Airlines and American Airlines will move forward with furloughing thousands of employees as the CARES Act expires.In a letter to employees Wednesday, American Airlines said it will begin the process of furloughing 19,000 employees as the Payroll Support Program expired September 30.American CEO Doug Parker said he spoke personally with Treasury Secretary…

American Airlines to furlough 19,000 workers as aid program set to expire

American Airlines to furlough 19,000 workers as aid program set to expire

Last Updated: Sept. 30, 2020 at 10:41 p.m. ET First Published: Sept. 30, 2020 at 8:45 p.m. ET Workers could be called back if deal for new stimulus package appears imminent A passenger walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, in May. AFP/Getty Images American Airlines…

American Airlines moves ahead with 19,000 furloughs, but will recall workers if aid deal reached

American Airlines moves ahead with 19,000 furloughs, but will recall workers if aid deal reached

An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020.Andrew Caballero-Reynolds | Getty ImagesAmerican Airlines will move ahead with plans to furlough 19,000 workers on Thursday after talks for a national coronavirus aid package failed in Washington, but the airline is prepared to…

Once an American foe, now a friend: OPEC turns 60

Once an American foe, now a friend: OPEC turns 60

LONDON (Reuters) – In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S. economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington’s bidding.FILE PHOTO: Saudi Arabia’s Crown Prince Mohammed bin Salman shakes hands with U.S. President Donald Trump, at the G20 leaders summit…

How American, Delta and United no-change-fee policies stack up against Southwest

How American, Delta and United no-change-fee policies stack up against Southwest

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Coke, American Air, MGM: Big companies unleash pink slips as coronavirus reshapes global economy

Coke, American Air, MGM: Big companies unleash pink slips as coronavirus reshapes global economy

TipRanksBillionaire Israel Englander Goes Big on These 3 Penny StocksPenny stocks, they divide market watchers like no other. Some investors steer clear of these tickers going for less than $5 apiece, as poor fundamentals or overwhelming headwinds could be keeping them down in the dumps.On the other hand, penny stocks lure the more risk-tolerant. Not…