Just as the war of words between Anthony Fauci and the Trump administration seemed poised to come to a stop, things suddenly took another nasty turn. The fractured relationship between President Donald Trump and Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for three decades and …
Read More »American partners with JetBlue in a bid for New York and Boston
A JetBlue Airways Embraer 190 passenger cabs on the tarmac at New York’s LaGuardia Airport. Robert Alexander | fake pictures American Airlines and JetBlue Airways team up again. The airlines, which ended a similar partnership in 2014, unveiled a new alliance on Thursday that will allow them to sell seats …
Read More »Number of laid off workers seeking unemployment help stuck at 1.3M
WASHINGTON (AP) – The number of laid-off workers seeking unemployment benefits held steady at 1.3 million last week, a historically high level indicating that many companies are still cutting jobs as the viral outbreak intensifies. The high level of claims for unemployment assistance is occurring as new confirmed cases of …
Read More »Retail sales June 2020
Retail sales in the United States increased more than expected in June, but the budding economic recovery is threatened by a resurgence of new Covid-19 infections and high unemployment. The Commerce Department said Thursday that retail sales increased 7.5% last month. That was above the 18.2% jump in May, which …
Read More »Morgan Stanley (MS) Q2 2020 earnings
James Gorman, President and CEO of Morgan Stanley, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland, on January 22, 2020. Adam Galici | fake pictures Morgan Stanley released second-quarter results on Thursday that beat analyst estimates of stronger business revenue than expected. The bank …
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