Delta CEO warns of 'furloughs in the tens of thousands' for airline industry if stimulus talks remain at stalemate
"If we do not get the support that we need, I know within the industry there will be furloughs and probably some pretty large numbers of furloughs in the tens of thousands of employees," Bastian told the Claman Countdown on Tuesday.
Sen. Harris' financial legislation ranges from Wall Street accountability to PPP
Here is what you need to know about Sen. Kamala Harris' policy proposals and how they could impact you financially.
CEOs say a remote workforce will last past the coronavirus pandemic
Coronavirus has forced businesses to embrace new ways of working, and some of the adaptations may stick around long-term. A remote workforce may be one of those things that last, as 78% of CEOs globally say that remote collaboration will be an enduring part of their company culture, according to a new survey by the accounting firm PwC.
US jobs openings increase nearly 6 million in June, but still below pre-pandemic level: Labor Department
U.S. job openings increased nearly 6 million in June as many workers in the restaurant and service industries quit, yet overall vacancies still remained below pre-pandemic levels, according to a Monday report from the Labor Department.
When does the extra $400 unemployment benefit start?
Treasury Secretary Steven Mnuchin said Monday that he expects most states to administer the extra benefit by the end of August.
Uber and Lyft must classify California drivers as employees, not independent contractors: judge
Uber and Lyft drivers in California must now be classified as employees instead of independent contractors, a shift that would guarantee benefits like overtime, sick leave and expense reimbursement for workers who make up much of the freewheeling gig economy.
Don’t abandon digital economy but start looking to invest elsewhere: UBS portfolio manager
Jason Katz on coronavirus markets
Big US companies form group to boost hiring of minorities in New York
The New York Jobs CEO Council, which counts chief executives from 27 firms among its members, aims to hire 100,000 people from low-income Black, Latino and Asian communities by 2030.
Brooks Brothers poised to be acquired by Authentic Brands-Simon venture
Brand-licensing company WHP Global Inc. has bowed out of the race for Brooks Brothers Inc., according to people familiar with the matter, leaving a venture backed by apparel-licensing firm Authentic Brands Group LLC and mall owner Simon Property Group Inc. poised to take control of the bankrupt retailer.
Coronavirus takes toll on UK employment as number of working fall most since 2009
LONDON - The number of people in work in Britain fell by the most since 2009 in the three months through June as the coronavirus crisis took a heavy toll on the labour market, even with the government’s huge jobs protection scheme still in place.
AT&T's Warner Media begins massive layoffs
The move comes on the heels of an executive shakeup Friday, with WarnerMedia's Bob Greenblatt and Kevin Reilly, who oversaw the company's streaming service HBO Max, stepping down.
Coronavirus leads companies to offer early retirement packages
Gerri Willis on early retirement
PPP responsible for 'majority' of jobs created since May, SBA administrator says
Since the program launched at the beginning of April, more than 5.2 million loans worth about $525 billion had been distributed, saving some 51 million jobs.
PPP sustained small business economy: SBA administrator
Edward Lawrence interview with Jovita Carranza
Coronavirus wrecks global Class of 2020's hopes for first job
Young people armed with new degrees, diplomas and professional qualifications are struggling to enter the workforce as the pandemic pushes the global economy into recession.
Unemployment rate 'undoubtedly' higher than 10.2%: Fed's Evans
The unemployment rate is "undoubtedly" higher than the 10.2% reported for July, Chicago Federal Reserve President Charles Evans said on Sunday.
Trump's latest stimulus move brilliantly flips the table on Pelosi, Democrats
Trump’s four executive actions do many of the things that the Democrats have been agitating for.
Double-digit economic growth rate still possible in third quarter: Economist
Anthony Chan on latest job numbers, economic recovery
Democrats are playing 'political chicken' during coronavirus pandemic: Charlie Hurt
Charlie Hurt on Pelosi's PBS interview, Washington Post fact-checker reacting to Biden's recent gaffe, NRA lawsuit in NY, stimulus negotiations
Jobs report shows 'great headway' in economic recovery: Eugene Scalia
Eugene Scalia on the robust July jobs report, economic relief



















