ANA Holdings Inc , the operator of Japan's top airline, said on Friday it would suspend its recruitment process at its 37 group companies due to an uncertain business climate caused by the coronavirus pandemic.
Asian shares rose on Friday as investors focused on talks between U.S. and Chinese trade officials and solid corporate earnings rather than the looming release of data expected to show the worst U.S. unemployment rate in more than 70 years.
Lyft will require both passengers and drivers to wear masks and complete a health certification program, including confirming before each ride that they are not displaying symptoms associated with the novel coronavirus, the company said on Thursday.
On March 17, about a week after the World Health Organization declared COVID-19 a pandemic, Neiman Marcus Group had no choice but to close its 67 stores.
Asian stocks were set to track Wall Street gains on Friday, after upbeat corporate earnings took the focus off upcoming data that is expected show the worst U.S. unemployment rate in more than 70 years.
Uber Technologies Inc's ride service bookings slowly recovered in recent weeks as the company expects a coronavirus-related slowdown will delay the goal of becoming profitable by a matter of quarters, not years, Chief Executive Dara Khosrowshahi said on Thursday.
Stress has been mounting for Latin American airlines as carriers brace for a slow recovery from the coronavirus pandemic, but Brazil's government on Thursday reduced the loan aid available for carriers, while Panama's Copa Airlines said it did not need a bailout.
Lufthansa is negotiating a 9 billion euro ($9.71 billion) bailout with Germany's economic stabilisation fund to ensure its future, the airline said on Thursday, confirming an earlier Reuters report.
New York Gov. Andrew Cuomo extended the moratorium on evictions through August. The state has been the epicenter of the coronavirus pandemic.
Michigan Governor Gretchen Whitmer on Thursday is expected to announce that the state's factories can reopen soon, removing one of the last major obstacles to North American automakers bringing thousands of laid-off employees back to work amid the coronavirus pandemic, two people familiar with the plans said.
Bubble-like tech stocks remain among the biggest winners this year, and their strength has pushed the Nasdaq Composite into positive territory on Thursday.
Virgin Atlantic's planned 3,150 job cuts will show the airline is taking "self-help" measures and help it to win financial support from either the British government or a private sector investor, an internal memo to pilots seen by Reuters said.
The Small Business Administration has sharply curtailed the Economic Injury Disaster Loan program, limiting new applicants to only agricultural businesses and capping max loan amounts at $150,000, down from $2 million, according to reports.
JetBlue Airways Corp on Thursday posted a $268 million quarterly loss as the coronavirus pandemic hurt air travel demand, and cut its order book with Airbus SE by about 34% through 2022 to save $1.1 billion in aircraft spending.
World shares rose on Thursday after Chinese exports proved far stronger than expected, while the U.S. dollar climbed to two-week highs on its safe-haven status after another report showed millions more Americans took unemployment aid.