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Daily Archives: April 17, 2020

Southwest asks unions to start considering post-aid concessions

Southwest Airlines Co LUV.N has approached unions representing pilots, flight attendants, mechanics and other employees to discuss potential concessions to prepare for a slow industry recovery, a company official told Reuters on Thursday. Southwest, with about 60,000 employees, is set to receive $4 billion in federal payroll

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Why I Don’t Trust the Rally

If you look just at the chart, there are a lot of encouraging signs for stocks right now. The S&P 500 hit its low on March 23, exactly three weeks ago, and has recovered around half its losses in that short time. If this morning’s