(Reuters) – Nearly a third of the more than 40 large companies seeking bankruptcy protection in the United States during the coronavirus pandemic awarded bonuses to executives within a month of presenting their cases, according to a Reuters analysis of the statements. of securities and court records. FILE PHOTO: A …
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(Reuters) – The Paycheck Protection Program appears to have thrown a critical safety net under the US mid- and upper-middle-income jobs, but faltered when it comes to lower-paid jobs and industries hardest hit by the coronavirus pandemic, according to a Reuters analysis of the loan details. FILE PHOTO: People visit …
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CHICAGO (Reuters) – American Airlines Group Inc (AAL.O) Expects to have 10-20% more workers than needed by July 2021, Chief Executive Doug Parker told city council employees this week, saying avoiding permits will be difficult. FILE PHOTO: American Airlines passenger planes clog a runway where they are parked due to …
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FRANKFURT (Reuters) – Lufthansa (LHAG.DE) Shares rose as much as 20% on Thursday after its main shareholder rejected its objections to a 9 billion euro ($ 10 billion) government bailout for the German airline that was on the brink of collapse due to the COVID pandemic- 19. “I am going …
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