Airlines

A sign notifying the availability of pasta in the wake of the coronavirus outbreak, outside Warwick Way Food & Wine in Victoria, London, Thursday March 19, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (Yui Mok/PA via AP)
1010 WINS Newsroom
March 19, 2020 - 6:35 pm
It was less than 11 weeks ago that the first cases of pneumonia were detected in Wuhan, China. The speed at which what would soon be named COVID-19, the disease caused by the new coronavirus, knocked the global economy askew is unparalleled in our lifetimes. Following are developments Thursday...
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File - In this Thursday, March 5, 2020 file photo, passengers wear protective masks walk in their way to their plane in the departure terminal at the Rafik Hariri International Airport, in Beirut, Lebanon. With thousands of flights grounded around the world due to a fast-spreading virus and seven countries in the Middle East suspending all commercial flights, airlines in the region have lost more than $7 billion in revenue, the aviation industry's largest trade association said Thursday. (AP Photo/Hassan Ammar, File)
1010 WINS Newsroom
March 19, 2020 - 8:43 am
DUBAI, United Arab Emirates (AP) — Seven Middle Eastern countries have suspended all commercial flights due to a fast-spreading new virus as the aviation industry's largest trade association announced Thursday that airlines in the region have already lost more than $7 billion in revenue. The...
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Senate Majority Leader Mitch McConnell, R-Ky., walks to the chamber as lawmakers negotiate on the emergency coronavirus response legislation, at the Capitol in Washington, Wednesday, March 18, 2020. (AP Photo/J. Scott Applewhite)
1010 WINS Newsroom
March 18, 2020 - 4:11 pm
WASHINGTON (AP) — The Treasury Department said Wednesday it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and...
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Jacquie Cadorette
March 18, 2020 - 12:00 am
RADIO.COM’S Coronavirus Daily podcast is here to give you daily updates on the ever-changing coronavirus crisis. Episode 1 outlines the economic impact of an outbreak this large.
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Treasury Secretary Steven Mnuchin speaks during a press briefing with the coronavirus task force, at the White House, Tuesday, March 17, 2020, in Washington, as President Donald Trump looks on. (AP Photo/Evan Vucci)
1010 WINS Newsroom
March 17, 2020 - 12:45 pm
NEW YORK (AP) — The Latest on action in the financial markets (all times local): 12:40 p.m. Treasury Secretary Steven Mnuchin says the financial markets will stay open for people to access their money during the coronavirus outbreak. Mnuchin says at a White House briefing Tuesday that shorter hours...
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A man sits alone at a coffee shop area at a shopping centre in London, Tuesday, March 17, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Kirsty Wigglesworth)
1010 WINS Newsroom
March 17, 2020 - 12:24 pm
Governments and central banks are scrambling to find ways to keep businesses from going bankrupt as the virus outbreak grinds the world economy to a halt. A day after Wall Street endured its worst daily drop since the crash of 1987, European markets wavered, as did U.S futures markets. There is...
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FILE - In this May 8, 2019, file photo, New Zealand's Reserve Bank Governor Adrian Orr speaks to the media in Wellington, New Zealand. New Zealand's central bank on Monday, March 16, 2020 cut the benchmark interest rate to a record low 0.25%. The cut of 0.75% came outside of the bank's normal schedule for changing rates. The Reserve Bank of New Zealand said in a statement that the negative impact of the pandemic on the New Zealand economy will be significant. For most people, the new coronavirus causes only mild or moderate symptoms. For some, it can cause more severe illness, especially in older adults and people with existing health problems. (AP Photo Nick Perry, File)
1010 WINS Newsroom
March 16, 2020 - 10:56 pm
WELLINGTON, New Zealand (AP) — New Zealand's government said Tuesday it would spend billions of dollars supporting hard-hit companies as it tries to shore up an economy headed for recession because of the coronavirus. The stimulus package is equivalent to 4% of GDP. A large chunk of the new...
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President Donald Trump speaks during a press briefing with the coronavirus task force, in the Brady press briefing room at the White House, Monday, March 16, 2020, in Washington. (AP Photo/Evan Vucci)
1010 WINS Newsroom
March 16, 2020 - 9:14 pm
WASHINGTON (AP) — Racing to stall an expected surge of coronavirus cases, the White House on Monday released a series of sweeping guidelines that for the next 15 days will temporarily rewrite the norms of American society. President Donald Trump, employing a newly somber tone about the crisis...
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FILE - In this April 13, 2018 file photo, a Delta Air Lines plane takes off above a taxiing Alaska Airlines airplane at the Seattle-Tacoma International Airport in Seattle. U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel due to the new coronavirus. Airlines for America, the trade group representing the carriers, posted its request for financial help on Monday, March 16, 2020 just as more airlines around the world were announcing ever-deeper cuts in service and, in some cases, layoffs. (AP Photo/Ted S. Warren, File)
1010 WINS Newsroom
March 16, 2020 - 6:47 pm
U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel due to the new coronavirus. Airlines for America, the trade group representing the carriers, disclosed its request for financial...
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A parking lot attendant walks through a typically full parking lot now largely empty over people staying home due to the worldwide coronavirus pandemic in Dubai, United Arab Emirates, Monday, March 16, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (AP Photo/Jon Gambrell)
1010 WINS Newsroom
March 16, 2020 - 2:36 pm
Global markets and businesses big and small opened the week to a landscape seemingly altered by the coronavirus pandemic. National retail chains have closed all stores. Banks are taking steps to keep cash on hand, lots of it. Markets in Asia, Europe and the U.S. are plunging. Following is a quick...
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