JPMorgan Chase & Co JPM.N could consider suspending dividend for 2020 due to the ongoing coronavirus crisis, Chief Executive Officer Jamie Dimon said on Monday, even as the bank rolled out relief measures for customers and small businesses. The No.1 U.S. bank by assets could look at the dividend if the gross...
Southwest Airlines Co LUV.N has approached unions representing pilots, flight attendants, mechanics and other employees to discuss potential concessions to prepare for a slow industry recovery, a company official told Reuters on Thursday. Southwest, with about 60,000 employees, is set to receive $4 billion in federal payroll aid under the CARES Act,...
The U.S. Transportation Department said on Thursday it had rejected most requests by Jetblue Airways Corp JBLU.O and Spirit Airlines SAVE.N to halt additional flights in the wake of the pandemic that has sent passenger traffic down by 95%. The department last week issued final rules setting minimum flights requirements for airlines receiving government...
Japan's top airlines are operating a majority of their domestic capacity even though the coronavirus outbreak has left seats on flights mostly empty, amid a lack of clear government directives on the functioning of transport infrastructure in the crisis. ANA Holdings Inc 9202.T and Japan Airlines Co Ltd (JAL) 9201.T, Japan's two biggest...
Sports fans and players across the world frustrated by canceled matches because of the coronavirus epidemic are turning to e-sports, with professional real-world athletes joining virtual game tournaments of football, auto racing and basketball. "We've seen a dramatic increase in viewership" for e-sports broadcasts, said Todd Sitrin, senior vice president...
APR 16, 2020 12:15PM EDT Buying stocks for less than they are truly worth is a great way to build tremendous wealth in the stock market. Value investing is a proven strategy used by legendary investors, including Warren Buffett, to build massive fortunes. You, too, could use value stocks to become rich....
TheKerpluk - Nitin Khanna is an Indian American serial entrepreneur. Having found success in technology (he sold his software company to EDS for $473MM), investment banking (his M&A advisory firm Mergertech is one of the leaders in helping founders sell their mobile tech businesses), and cannabis (his company Cura...
We’ve all read the headlines–a significant obstacle in keeping the coronavirus from spreading has been the shortage of available tests. In fact, numerous media outlets reported just yesterday that New York could soon “completely run out” of swabs specifically needed for coronavirus testing. One startup is out to help keep that from happening. Over...