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Mon, 02.09.2019



Business:



Zoom shares slip over security concerns, rising competition

Shares of Zoom Video Communications Inc fell 8% on Monday, adding to their sharp declines in the past few days, as the video conferencing app battles privacy concerns and increased competition from deep-pocketed rivals.

Posted on 6 April 2020 | 2:16 pm

Governor Cuomo sees signs of pandemic 'flattening' in New York

New York Governor Andrew Cuomo on Monday cited tentative signs the coronavirus outbreak was "flattening" in his state but warned against complacency as the U.S. death toll topped 10,000 and the number of cases reached 350,000.

Posted on 6 April 2020 | 2:16 pm

Alaska air carrier RavnAir files for bankruptcy as U.S. Treasury mulls grants

RavnAir Group, the largest regional carrier in Alaska, filed for bankruptcy Sunday and grounded all of its 72 planes as it waits on a decision from U.S. Treasury for government assistance.

Posted on 6 April 2020 | 2:13 pm

Alaska Air expects to lower April and May capacity by 80%

The U.S. carrier had earlier planned to reduce its April capacity by at least 10% and May capacity by at least 15%.

Posted on 6 April 2020 | 2:13 pm

Canada, U.S. farms face crop losses due to foreign worker delays

Mandatory coronavirus quarantines of seasonal foreign workers in Canada could hurt that country's fruit and vegetable output this year, and travel problems related to the pandemic could also leave U.S. farmers with fewer workers than usual.

Posted on 6 April 2020 | 2:13 pm

Tiger at New York's Bronx Zoo tests positive for coronavirus

A tiger at the Bronx Zoo in New York City has tested positive for the respiratory disease caused by the novel coronavirus, in the first known case of a human infecting an animal and making it sick, the zoo's chief veterinarian said on Sunday.

Posted on 6 April 2020 | 2:11 pm

Oil falls after Saudi Arabia, Russia delay meeting, Cushing stockpiles soar

Oil prices slumped on Monday, pulling back from last week's gains after Saudi Arabia and Russia delayed a meeting of oil producers aimed at resolving growing worldwide oversupply as the coronavirus pandemic pummels demand.

Posted on 6 April 2020 | 2:11 pm

S&P 500 set to recover $1 trillion in value as virus deaths slow

The S&P 500 was on track to recover about $1 trillion in market value in a furious rally on Monday after a drop in the daily death toll in New York, the country's biggest coronavirus hot spot, raised hopes that the pandemic could level off soon.

Posted on 6 April 2020 | 1:58 pm

Exclusive: Qatar Petroleum - coronavirus turmoil will not stop LNG expansion abroad

Qatar Petroleum (QP) is pressing ahead with foreign as well as domestic expansion despite the global market turmoil caused by the coronavirus pandemic, its chief executive told Reuters on Monday.

Posted on 6 April 2020 | 1:51 pm

U.S. airlines ease loyalty programs in coronavirus travel slump

U.S. airlines are extending loyalty program benefits and status into 2021 for members homebound because of the new coronavirus.

Posted on 6 April 2020 | 1:45 pm