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August 3, 2020
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Delta Air Lines Inc

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Delta CEO sends staff memo thanking 17,000 employees for leaving, says it gets airline closer to ‘minimizing furloughs’

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CNBC – For more and to sign up click here Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, March 25, 2020. Elijah Nouvelage | Reuters The CEO of Delta Air......
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FAA warns of possible engine shutdowns in safety directive on older Boeing 737 jets

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CNBC – For more and to sign up click here A Southwest Airlines Boeing 737-700 (LN2318) on final-approach after a pre-delivery test flight at dusk. aviation-images.com | Universal Images Group via Getty Images The Federal Aviation Administration on Friday instructed airlines to inspect some stored Boeing 737 planes for corrosion that......
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Nearly 17,000 Southwest employees sign up for buyouts, voluntary leave as furlough threat looms

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CNBC – For more and to sign up click here A Southwest Airlines jet leaves Midway Airport on January 25, 2018 in Chicago, Illinois. Scott Olson | Getty Images More airline employees are signing up for buyouts, leaves of absence and early retirements as the threat of furloughs looms this......
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Stocks making the biggest moves in the premarket: Halliburton, Chevron, eBay, Delta & more

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Delta seeks to cut pilots’ minimum pay to avoid furloughs for a year

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CNBC – For more and to sign up click here A pilot talks on a mobile device near a Delta Air Lines gate at the Salt Lake City International Airport. George Frey | Bloomberg | Getty Images Delta Air Lines is seeking to reduce the guaranteed minimum pay for pilots, a......
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Warren Buffett reaps $40 billion from giant Apple stake since March bottom

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CNBC – For more and to sign up click here Warren Buffett reaps $40 billion from giant Apple stake since March bottom SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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JetBlue and American will share passengers in bid to fend off United and Delta

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CNBC – For more and to sign up click here American Airlines and JetBlue Airways are teaming up — again. The airlines, which ended a similar partnership in 2014, on Thursday unveiled a new alliance that will allow them to sell seats on each other’s planes, giving them more market share......
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Stocks making the biggest moves after hours: Virgin Galactic, Twitter, Norwegian Cruise Line and more

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CNBC – For more and to sign up click here The Norwegian Cruise Line Norwegian Bliss cruise ship passes through John Hopkins Inlet in Glacier Bay, Alaska, July 11, 2019. Tim Rue | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Moderna — Shares of Moderna......
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Stocks making the biggest moves after hours: Sirius XM, Moderna, Lyft and more

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CNBC – For more and to sign up click here Stocks making the biggest moves after hours: Sirius XM, Moderna, Lyft and more SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Pandemic sours Delta’s investments in foreign airlines, costing $2 billion

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CNBC – For more and to sign up click here Aeromexico airplanes at the Mexico City International Airport. John Gress | Corbis | Getty Images Delta Air Lines spent years amassing equity stakes in foreign airlines from the U.K. to Chile to grow internationally and gain sway over those carriers. The......
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Delta posts second-quarter net loss of $5.7 billion, biggest in more than a decade, driven by coronavirus

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CNBC – For more and to sign up click here Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, March 25, 2020. Elijah Nouvelage | Reuters The coronavirus pandemic drove Delta Air......
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Cramer’s earnings watch: ‘If the banks get hammered, things could get ugly’

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Stock futures rise ahead of bank earnings

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CNBC – For more and to sign up click here U.S. stock futures moved higher in early trading and pointed to gains at the open on Tuesday, as investors eye earnings reports from some of the nation’s largest banks.  Dow futures rose 90 points. The S&P 500 and Nasdaq 100......
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American Airlines to warn pilots this week about potential furloughs

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CNBC – For more and to sign up click here Pilots talk as they look at the tail of an American Airlines aircraft. Mike Stone | Reuters American Airlines is planning to warn pilots this week about potential furloughs, the latest carrier to prepare employees for job cuts as the coronavirus......
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Lacking passengers, regional airline Mesa Air to start flying DHL cargo

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CNBC – For more and to sign up click here A pilot steps down from a newly launched DHL Boeing 737-200 freighter din Kuala Lumpur. Jimin Lai | AFP | Getty Images Airlines are increasingly turning to air cargo as many passengers opt to forgo flights because of the coronavirus......
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Here’s what happened to the stock market on Friday

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange on January 29, 2020. Spencer Platt | Getty Images Dow Jones Industrial Average jumps 369 points The Dow gained 369.21 points, or 1.44%, to close at 26,075.30. The S&P......
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Market heads into worst earnings season in 12 years amid worries virus is slowing recovery

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CNBC – For more and to sign up click here Market heads into worst earnings season in 12 years amid worries virus is slowing recovery SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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United, pilots union reach tentative agreements for early retirements and voluntary furloughs

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CNBC – For more and to sign up click here A United Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images United Airlines and the union that represents its some 13,000 pilots have reached a tentative agreement for voluntary leaves and early retirement packages, the union told its members......
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United warns 36,000 employees of potential job cuts as pandemic roils travel demand

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CNBC – For more and to sign up click here A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado. Robert Alexander | Getty Images United Airlines on Wednesday said it is warning about 36,000 frontline employees — more than a third of its......
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Businesses, sick of policing mask use to prevent coronavirus, ask government to step in

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CNBC – For more and to sign up click here A customer wearing a protective mask shops at a Hennes & Mauritz (H&M) clothing store at Westfield San Francisco Centre in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty Images Desparate to keep......

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