JPMorgan Chase & Co JPM.N could consider suspending dividend for 2020 due to the ongoing coronavirus crisis, Chief Executive Officer Jamie Dimon said on Monday, even as the bank rolled out relief measures for customers and small businesses. The No.1 U.S. bank by assets could look at
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
The U.S. Transportation Department said on Thursday it had rejected most requests by Jetblue Airways Corp JBLU.O and Spirit Airlines SAVE.N to halt additional flights in the wake of the pandemic that has sent passenger traffic down by 95%. The department last week issued final rules setting minimum flights
Japan’s top airlines are operating a majority of their domestic capacity even though the coronavirus outbreak has left seats on flights mostly empty, amid a lack of clear government directives on the functioning of transport infrastructure in the crisis. ANA Holdings Inc 9202.T and Japan Airlines Co
Sports fans and players across the world frustrated by canceled matches because of the coronavirus epidemic are turning to e-sports, with professional real-world athletes joining virtual game tournaments of football, auto racing and basketball. “We’ve seen a dramatic increase in viewership” for e-sports broadcasts, said
Earlier this morning, Morgan Stanley (MS) released their Q1 2020 earnings. They were the last of the big six American banks to do so. Now that those reports are all in, there are some common themes and some conclusions that can be drawn with implications
Orders median forecast -10.15% y/y (prior month -0.8%) Data due Monday, April 20, 4:00 p.m. (0800 GMT) TAIPEI, April 17 (Reuters) – Taiwan’s export orders likely fell for a third straight month in March and at a much faster pace, a Reuters poll showed, as the coronavirus
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