Southwest posts 1st quarterly loss in almost a decade
DALLAS (AP) — Southwest Airlines posted its first quarterly loss in nearly a decade and said Tuesday that the downturn in air travel that began in late February shows no signs of letting up.The airline said trip cancellations have pulled back from a peak in March but...
Slumping tech favorites pull major US stock indexes lower
Wall Street jostled to a mixed finish Tuesday, as former stalwarts ran out of momentum and some of the market’s most beaten-down stocks turned into winners. The S&P 500 slipped 0.5% after stocks that have held up the best through this year’s sell-off fell to some...
Federal Reserve expands lending to more cities and counties
WASHINGTON (AP) — The Federal Reserve will allow a much larger number of cities and counties to participate in a lending program that it announced earlier this month. The program initially allowed only 10 cities and 16 counties to participate. It then came under...
As fewer people fly, rate of guns found in bags by TSA jumps
With far fewer people flying because of travel restrictions during the coronavirus pandemic, airport security screeners are naturally finding fewer guns in carry-on baggage.But the ratio of guns to passengers seeking to board airplanes has jumped sharply.The...