• Delta loses $534M in turbulent quarter, expects 90 percent hit ahead

    Delta loses $534M in turbulent quarter, expects 90 percent hit ahead

    Delta Air Lines, the biggest and most profitable US airline, lost $534 million in the first quarter, a setback that will appear trivial when the full force of the pandemic is revealed in the current quarter. Delta warned Wednesday that revenue during the April through June quarter, typically a period of harried travel, will plummet …
  • Trading halted for Victoria’s Secret owner L Brands as stocks drop 20 percent

    Trading halted for Victoria’s Secret owner L Brands as stocks drop 20 percent

    Trading was halted in Victoria’s Secret parent company on Wednesday after the stock dropped more than 20 percent on news that a deal to sell 55 percent of the lingerie peddler could collapse. The New York Stock Exchange at 11:13 am said it was halting trading in L Brands, which also owns Bed Bath & …
  • Broadway’s TKTS booth starts fundraiser to stem coronavirus losses

    Broadway’s TKTS booth starts fundraiser to stem coronavirus losses

    The Theatre Development Fund, the not-for-profit organization with services including the hugely popular TKTS discount ticket booths in Times Square and other New York City locations, is launching a fundraising drive to “sustain critical operations” during and after the COVID-19 Broadway shutdown. TDF’s “Lifeline Campaign: Protect Today, Rebuild Tomorrow” has set a goal of $500,000 …
  • Trump Admin Blocks Undocumented College Students from Receiving Stimulus Cash

    Trump Admin Blocks Undocumented College Students from Receiving Stimulus Cash

    The Trump administration on Tuesday barred college students who are residing in the country illegally from accessing billions of dollars in emergency federal aid related to the coronavirus pandemic. Tens of thousands of colleges students without legal residency status will not be permitted to receive any of the $6 billion allocated for colleges to distribute …
  • Scout Willis explains why Demi Moore, Bruce Willis are quarantining together

    Scout Willis explains why Demi Moore, Bruce Willis are quarantining together

    Scout Willis has revealed what led Demi Moore and Bruce Willis to quarantine together in Idaho with their children while Willis’ wife, Emma Heming, has remained in Los Angeles. “My stepmom was going to come up here, too, with my little sisters,” Scout, 28, explained during a recent episode of the “Dopey” podcast. “[But] my younger …
  • Banks made $10 billion in fees on coronavirus loans despite low risks

    Banks made $10 billion in fees on coronavirus loans despite low risks

    Banks raked in $10 billion in fees for handing out US-backed loans to shore up small businesses battered by the coronavirus — despite taking on little to no risk on the deals, a new report says. The feds paid banks for serving as intermediaries for the $349 billion Paycheck Protection Program, which allowed any federally …
  • Nick Cordero will have an MRI, wife Amanda says in latest update

    Nick Cordero will have an MRI, wife Amanda says in latest update

    Amanda Kloots said Tuesday husband Nick Cordero is “being slowly weaned off some medicines and machines” in her latest update on the Broadway star’s condition. Appearing on her Instagram Story, Kloots explained the doctors are looking to conduct an MRI scan on Cordero “as soon as possible,” days after the 41-year-old actor had his right …
  • First Known Coronavirus Death in U.S. Occurred Three Weeks Earlier Than First Reported

    First Known Coronavirus Death in U.S. Occurred Three Weeks Earlier Than First Reported

    Emergency Medical Technicians wearing protective gear wheel a sick patient to a waiting ambulance during the COVID-19 coronavirus outbreak in New York City, March 28, 2020. The first known person to die from the coronavirus passed away on February 6 in California, a new discovery that shows the coronavirus was spreading in the U.S. weeks …
  • McConnell Signals Opposition to Expansive Phase-Four Coronavirus Bill: ‘We’ve Allocated A Stunning Amount of Money’

    McConnell Signals Opposition to Expansive Phase-Four Coronavirus Bill: ‘We’ve Allocated A Stunning Amount of Money’

    Senate Majority Leader Mitch McConnell (R., Ky.) on Tuesday signaled his opposition to passing another coronavirus economic relief bill before Congress returns from recess. “You’ve seen the talk from both sides about acting, but my goal from the beginning of this, given the extraordinary numbers that we’re racking up to the national debt, is that …
  • Chinese Agents Spread Coronavirus Misinformation in U.S. Through Text Messages

    Chinese Agents Spread Coronavirus Misinformation in U.S. Through Text Messages

    Chinese President Xi Jinping inspects the coronavirus prevention and control work at Anhuali Community in Beijing, China, February 10, 2020. Chinese agents spread coronavirus misinformation in the U.S. in mid-March, around the time that various states were implementing business and school closures, the New York Times reported on Wednesday. U.S. officials believe the Chinese operatives …