Why are coins hard to find during the pandemic? The Federal Reserve has seen a significant decline in currencies in circulation because people don’t spend them as regularly on businesses, many of which are temporarily closed or don’t accept cash. Coins are still abundant. In April, the United States Treasury …
Read More »American Airlines (AAL) Records $ 2.1 Billion Loss in Second Quarter, Warns of Coronavirus
The planes are parked on runway 28 of the Pittsburgh International Airport on March 27, 2020 in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Imageas American Airlines on Thursday posted a net loss of $ 2.1 billion in the second quarter, the latest airline to describe financial damage to demand for …
Read More »Southwest Airlines (LUV) Reports Second Quarter Loss, Warns of Weak Demand Due to Coronavirus
Southwest planes sit on the runway at Fort Lauderdale-Hollywood International Airport on February 20, 2019 in Fort Lauderdale, Florida. Joe Raedle | fake pictures Southwest Airlines said Thursday it lost $ 915 million in the second quarter compared to $ 741 million in net income the previous year, and warned …
Read More »Microsoft’s earnings beat estimates, thanks to “at home” trend
Text size Denis Charlet / AFP via Getty Images Microsoft released better-than-expected financial results for its fiscal fourth quarter as demand for its cloud-based software increased amid the pandemic-induced change to work and learn from home. For the quarter ended June 30, Microsoft (ticker: MSFT) posted revenue of $ 38 …
Read More »NFL, players union delayed in 2020 plans, salary cap deal
(LR) Safety Erik Harris, fullback Alec Ingold and linebacker Kyle Wilber of the Las Vegas Raiders train in a park on June 17, 2020 in Las Vegas, Nevada. Ethan Miller | fake pictures The push and pull of the National Football League with its players’ union is on public display …
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