Coronavirus
United Airlines Eyes Mammoth Bay Area Job Cuts
United Airlines has issued a formal notice to state officials that the air carrier intends to chop more than 6,000 jobs at San Francisco International Airport.
House Leaders Urge White House to Enhance Disaster Preparedness
With wildfire and hurricane season underway, a trio of top House Democrats called on the White House to update its plans for responding to natural disasters during the coronavirus pandemic.
Southwest Air Says 28% of Workers Applied to Take Leave or Exit
Southwest Airlines Co. said 28% of its workforce has agreed to leave the company permanently or temporarily, boosting the carrier’s effort to preserve cash.
Oil Prices Tumble on Economic News, Cloudy Recovery
Oil prices recently tumbled as a resurgence in coronavirus cases and impending U.S. layoffs darken the economic outlook.
Global Air Passenger Slump to Last Until 2023, Moody’s Says
Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only then if effective vaccines and medicines are available, according to Moody’s Investors Service.
Trailer Makers Anticipate Rebound After Fleets Recover From Pandemic
The trailer industry was forced to make further production cuts and alter manufacturing processes as the coronavirus pandemic took hold.
Home Construction Jumps 17.3% in June
Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring’s massive slowdown in building activity due to the coronavirus outbreak.
Demand for Virtual Training Accelerates During Pandemic
The pandemic is accelerating the transition to virtual learning for truck technicians, and the industry might never turn back.
Senate GOP to Focus on Schools, Jobs in COVID-19 Stimulus
The Senate’s next round of stimulus funding related to the coronavirus pandemic is likely to assist with education and boost the workforce, the chamber’s leader indicated.
Oil Slips as Looming OPEC Supply Surge Adds to Demand Woes
Oil snapped its two-day rally amid a weaker demand outlook underscored by the OPEC+ alliance’s decision to taper production cuts and U.S. economic data signaling a slowing recovery in the labor market.