Coronavirus

US durable goods orders drop 1.3% in April

U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production.

United Airlines seat demand snapping back faster than expected

The recovery is accelerating at such a rate that the major U.S. carrier said yields on tickets purchased since the beginning of May for travel during the second quarter have "reached levels similar to 2019," according to a regulatory filing.