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Oct 1, 2020
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let's start there with the airlines and these furloughs that both united and american airlines have announced. are you planning on getting aid to the airline industry to avoid this? >> katy, it's nice to be with you. the c.a.r.e.s. act had two issues about airlines. first were a series of loans directly from treasury with taxpayer dollars to support the airlines. and secondly was essentially their own paycheck protection type program for airline workers. that first proposal, the loans, have been agreed to between the airlines and the treasury, and a number of major carriers have accepted that financing proposal. however, the paycheck protection portion where they pay salaries expires at 9:30, and so far, we don't have consensus in congress on what to do here october 1st. >> so it sounds like the airlines will be forced to make those furloughs because there is no aid coming. >> well, as i say, they had these long-term loans that are helping the airlines stay in business. some have taken them, some have not. but in terms of direct payroll support, that expired on september 30th and has not been
let's start there with the airlines and these furloughs that both united and american airlines have announced. are you planning on getting aid to the airline industry to avoid this? >> katy, it's nice to be with you. the c.a.r.e.s. act had two issues about airlines. first were a series of loans directly from treasury with taxpayer dollars to support the airlines. and secondly was essentially their own paycheck protection type program for airline workers. that first proposal, the loans,...
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Oct 2, 2020
10/20
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. >> nancy pelosi is not beinh no deal in place both united and american airlines have started furloughs, a move they aim to reverse if aid comes through. american's ceo doug parker telling employees i am extremely sorry, it is not what you all deserve. today the airline workers union taking washington to task, workers lost their jobs today because the politicians who are elected to protect them failed to take action now employees like tiana are hoping it's not too late. >> i pray that congress can come to a solution to help us out. >> reporter: and other giants like delta and southwest have been able to hold off on layoffs for now. on capitol hill, the house is voting on a separate bill, worth more than $2 trillion. senate majority leader mitch mcconnell has called it outlandish lester >> blayne alexander in atlanta, thank you nks in northern california the deadly wildfires are threatening to destroy more of wine country with high winds making it even worse. miguel almaguer is there. >> reporter: losing more ground this is what the fire fight looks like crews undermanned and overmatched
. >> nancy pelosi is not beinh no deal in place both united and american airlines have started furloughs, a move they aim to reverse if aid comes through. american's ceo doug parker telling employees i am extremely sorry, it is not what you all deserve. today the airline workers union taking washington to task, workers lost their jobs today because the politicians who are elected to protect them failed to take action now employees like tiana are hoping it's not too late. >> i pray...
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lack of action was just days ago called the fertile of more than 32000 jobs combined at united and american airlines nancy pelosi has said numerous times that she would keep us here to get it done that was in july. she made his way all summer but who did she really make way small businesses that have now declared bankruptcy are those people that are employed by them there are now out of work or those at their unemployment the do not get the extra benefit or what about the airlines could she not see past politics for wants politics aside it is estimated that the u.s. airline industry supports approximately 10000000 jobs and accounts for 1.7 trillion in u.s. g.d.p. while not necessarily a solution the idea of using covert 900 testing as a way to boost the airline industry is not new and has become commonplace in some countries for months france germany and iceland were among the 1st countries to announce covert $900.00 testing for passengers their airports in russia a diagnostic test is being offered at one of moscow's biggest international airports with results being returned within an hour and talki
lack of action was just days ago called the fertile of more than 32000 jobs combined at united and american airlines nancy pelosi has said numerous times that she would keep us here to get it done that was in july. she made his way all summer but who did she really make way small businesses that have now declared bankruptcy are those people that are employed by them there are now out of work or those at their unemployment the do not get the extra benefit or what about the airlines could she not...
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lack of action which just days ago caused the fertile of more than 32000 jobs combined at united and american airlines nancy pelosi has said numerous times that she would keep us here to get it done that was in july. she made his way all summer but who did she really make when the small businesses that have now declared bankruptcy are those people that are employed by them there are now out of work or those that their unemployment the do not get the extra benefit or what about the airlines could she not see past politics for wants politics aside it is estimated that the u.s. airline industry supports approximately 10000000 jobs and accounts for 1.7 trillion in u.s. g.d.p. . while not necessarily a solution the idea of using covert 1000 testing as a way to boost the airline industry is not new and has become commonplace in some countries for months france germany and iceland were among the 1st countries to announce covert $900.00 testing for passengers their airports in russia a diagnostic test is being offered at one of moscow's biggest international airports with results being returned within an hour
lack of action which just days ago caused the fertile of more than 32000 jobs combined at united and american airlines nancy pelosi has said numerous times that she would keep us here to get it done that was in july. she made his way all summer but who did she really make when the small businesses that have now declared bankruptcy are those people that are employed by them there are now out of work or those that their unemployment the do not get the extra benefit or what about the airlines...
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Oct 2, 2020
10/20
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just this week, united airlines and american airlines were forced to furlough 32,000 employees. >> theandemic sets to claymore job losses in france. one company prepared to cut nearly 190900 jobs amid a broadr shift towards telecommuting. they say client severs work from home around twice a week as opposed to once a week before the pandemic. fewer people are in the office and fewer people in ththe cafeterias. unions said the proposed cuts come at a very difficult time. >> [speaking foreign language] >> staying in france where gym employees posted -- protested against closures. the opposition to the shutdowns of triggered a series of court battles. the health ministry plans to revisit the policies on a sport by sport basis per it some industry workers say they are tired of it. >> [speaking foreign language] >>>> finally, while it has beena rough friday for many on the markets, o one footwear companys among the minority singing gains. shares for american firm crocs were up around 7% earlier as justin bieber hinted at a collaboration and shared a photo with the message "soon." shares reac
just this week, united airlines and american airlines were forced to furlough 32,000 employees. >> theandemic sets to claymore job losses in france. one company prepared to cut nearly 190900 jobs amid a broadr shift towards telecommuting. they say client severs work from home around twice a week as opposed to once a week before the pandemic. fewer people are in the office and fewer people in ththe cafeterias. unions said the proposed cuts come at a very difficult time. >> [speaking...
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Oct 3, 2020
10/20
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CNNW
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issued statements calling for airlines to hold off on furloughs and firings promising that congress is working on relief for airline workers. this comes as united and american airlines cut 32,000 jobs. a first aide for the airlines required no job cuts until october 1. now they indicated they had will roll back the cut if another aid package is passed but they warned would have to come in the coming days, not weeks. wall street was already on edge worried about a possible result that could trigger weeks of uncertainty. the major averages all fell in september posting their first down march since march. that's after we got another snapshot of the economy with the last jobs report before the election. u.s. economy added 661,000 since september. and most were in the education sector. leisure and hospitality led the job gains with 318,000, while retail added 142,000. so, jobs were added to the economy but the pace of the job economy is slowly. unemployment rates remain elevated from falling from 7.9 to 8.2. people will be looking for medical updates about president trump as they try to figure out what the president's diagnosis means and whether it will impact t
issued statements calling for airlines to hold off on furloughs and firings promising that congress is working on relief for airline workers. this comes as united and american airlines cut 32,000 jobs. a first aide for the airlines required no job cuts until october 1. now they indicated they had will roll back the cut if another aid package is passed but they warned would have to come in the coming days, not weeks. wall street was already on edge worried about a possible result that could...
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Oct 1, 2020
10/20
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with airline travel down 70% from this time last year, united and american airlines today announced job cuts for 32,000 employees. delta ceo also telling cnn that nearly 2,000 of their pilots may be at risk of layoffs. pete, 32,000 job cuts between two major airlines. what does this signal about the future of air frafl? >> it is not a good sign for the airline industry, jake. reality is setting in for tens of thousands of airline employees now furloughed. they lobbied congress for months for an extra $25 billion to avoid this october 1st furlough deadline by an extra six months. what's so interesting now airlines are saying if congress can get its act together in the next few days, it will recall employees back from the unemployment line. here are the latest number from airline. american airlines says it's furloughed 19,000 employees effective today. 13,000 united airlines. the total when you consider smaller and regional, 50,000 industry wide. they are pilots, mechanics, gate agents, flight attendants like ali, an merrill flight attendants for nine years she's one of the flight attenda
with airline travel down 70% from this time last year, united and american airlines today announced job cuts for 32,000 employees. delta ceo also telling cnn that nearly 2,000 of their pilots may be at risk of layoffs. pete, 32,000 job cuts between two major airlines. what does this signal about the future of air frafl? >> it is not a good sign for the airline industry, jake. reality is setting in for tens of thousands of airline employees now furloughed. they lobbied congress for months...
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Oct 1, 2020
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thousands, crisis hit tonight, debilitating life-, furlough day for 30,000 workers at united and american airlines. for the area carriers, movies and hotel chains, restaurant and entertainment groups, mom-and-pop stores, the reality is stark tonight after six months of hanging on, government release nowhere in sight, too many businesses can hang on no longer and they've decided their employees have to go furloughs at marriott, uber, and more, on top of what we heard from disney this week. last week labor department reports close to 800,000 lost their job, and since covid, 60 million people have filed for unemployment insurance 60 million that's not just a number those are our friends and neighbors trying to pay the bills in the rolling crisis. they're the victims. ask the government for help. >> all right, congress, let's seal the deal. let's pass a covid relief package. >> alley is one of the 33,000 airline workers bug furloughed today. >> i love my job. >> she built a life around it. six years after she boarded her first flight, the paychecks just stopped. will you wait for a callback, even if i
thousands, crisis hit tonight, debilitating life-, furlough day for 30,000 workers at united and american airlines. for the area carriers, movies and hotel chains, restaurant and entertainment groups, mom-and-pop stores, the reality is stark tonight after six months of hanging on, government release nowhere in sight, too many businesses can hang on no longer and they've decided their employees have to go furloughs at marriott, uber, and more, on top of what we heard from disney this week. last...
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Oct 1, 2020
10/20
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also, united and american airlines preparing to cut 32,000 jobs today. what about delta? an exclusive interview with the ceo is ahead, and also this. >> they give me 30 days, and i'm just thinking about my kids. where do i go with my kids? >> these poor families. a fight to keep their homes in the midst of a pandemic. imagine yourself with your children in their shoes. we'll have more. ddlers... achoo! ...do your sneezes turn heads? try zyrtec... ...it starts working hard at hour one... and works twice as hard when you take it again the next day. zyrtec muddle no more. i'm a talking dog. the other issue. oh...i'm scratching like crazy. you've got some allergic itch with skin inflammation. apoquel can work on that itch in as little as 4 hours, whether it's a new or chronic problem. and apoquel's treated over 8 million dogs. nice. and...the talking dog thing? is it bothering you? no...itching like a dog is bothering me. until dogs can speak for themselves, you have to. when allergic itch is a problem, ask for apoquel. apoquel is for the control of itch associated with allerg
also, united and american airlines preparing to cut 32,000 jobs today. what about delta? an exclusive interview with the ceo is ahead, and also this. >> they give me 30 days, and i'm just thinking about my kids. where do i go with my kids? >> these poor families. a fight to keep their homes in the midst of a pandemic. imagine yourself with your children in their shoes. we'll have more. ddlers... achoo! ...do your sneezes turn heads? try zyrtec... ...it starts working hard at hour...
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Oct 11, 2020
10/20
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united and american airline flight attendants furloughed. i even spoke with an express jet flight attend who lost her job when that company folded its business entirely last week. and in these conversations, they are being companying the same sentiment that they feel like political pawns in this process as they are trying to figure out health care, health insurance, getting unemployment. some of the companies have said that they will recall those furloughed employees if they receive this aid. now, with all eyes on d.c., here is what this means for the stalemate -- the stale might me mate means for the thousands of workers affected. take a listen. >> these service cuts mean that there will be communities where people are cut off, where they have to drive 8 and 10 hours to get to air service, or the mail that comes to their communities on those planes doesn't get there anymore and airline workers who are certified safety professionals will start to lose our qualifications and take longer to get training back. so when we get the virus under con
united and american airline flight attendants furloughed. i even spoke with an express jet flight attend who lost her job when that company folded its business entirely last week. and in these conversations, they are being companying the same sentiment that they feel like political pawns in this process as they are trying to figure out health care, health insurance, getting unemployment. some of the companies have said that they will recall those furloughed employees if they receive this aid....
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Oct 1, 2020
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tens of thousands of new layoffs loom because of the coronavirus with disney, united and american airlines, even goldman sachs, even announcing layoffs in the last 48 hours. as an estimated 837,000 people filed unemployment claims last week. a decline of 36,000 from the week before. continuing claims though fell by almost a million to 11.8 million together which remains a stubbornly high figure headed into the presidential election. joining us news is senior writer, jake sherman, co-author of "political playbook." we have been talking about this for quite a while. give us an update. what are your sources telling you about the pelosi/mnuchin phone call. >> yeah, it looks like the list -- the division between the two sides remains absolutely intact. now, the two sides are not only in disagreement on how much it would cut, they're in disagreement on a whole host of major policy preferences in the bill and this says nothing about the senate. the senate republicans have almost no -- no interest in passing this bill. i talked to mitch mcconnell this afternoon and he said i wish them luck which i
tens of thousands of new layoffs loom because of the coronavirus with disney, united and american airlines, even goldman sachs, even announcing layoffs in the last 48 hours. as an estimated 837,000 people filed unemployment claims last week. a decline of 36,000 from the week before. continuing claims though fell by almost a million to 11.8 million together which remains a stubbornly high figure headed into the presidential election. joining us news is senior writer, jake sherman, co-author of...
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Oct 1, 2020
10/20
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jp morgan and allstate also announcing cut united and american airlines furloughing more than 40,000 workers. what are these layoffs saying about the true state of the economy? who would like to begin here i call it an ambiguous data read, better than we would have thought in march, but certainly not an all-clear flag. tim, go ahead? tim is waving his hands like it's a zoom call. >> i didn't know what to do. if you throw it out to this group, there's a lot of meat on a lot of people's plates for scraps the spending data reflects the $600 a month of stimulus that rolled off we're going to get something back there's no question to me we're going to continue to see more job losses even though the payroll numbers tomorrow are going to show some improvement in the short run ultimately i think the real question for the economy is where are you seeing around the world also some continued improveme improvement. what we did see overnight is the fact that industrial and pmi numbers around the world were a lot better on the basis china has opened up. i'm not saying china can be the model but i
jp morgan and allstate also announcing cut united and american airlines furloughing more than 40,000 workers. what are these layoffs saying about the true state of the economy? who would like to begin here i call it an ambiguous data read, better than we would have thought in march, but certainly not an all-clear flag. tim, go ahead? tim is waving his hands like it's a zoom call. >> i didn't know what to do. if you throw it out to this group, there's a lot of meat on a lot of people's...
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Oct 2, 2020
10/20
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and steven new childr mnuchin, too. nancy pelosi has said that there will be imminent aid for the airlines. we had the likes of united and americanirlines announcing the layoffs. and that's turned things around, i think. it will did overshadow the reading on the final jobs market reading before the presidential election and the truth is this is the highest unemployment rate we have ever seen for a president going into an election. that's the bottom line. even as we saw jobs added again in september, we have an unemployment rate now below 8%. that belies the challenges beneath. the pace of these job gains continues to slow. we have got a piling up of those that are permanent job losses rather than temporary. the basic fact is, john, this market is challenged, still a jobs crisis. the question is heading into this election, do voters hold the president accountable, if not for covid, the response and the impact on the jobs market? we have lost over 10 million jobs. >> 32 days. julia, appreciate the important update there. >>> whether a republican senato announcing he has tested positive for covid-19. we'll go to capitol hill for rea
and steven new childr mnuchin, too. nancy pelosi has said that there will be imminent aid for the airlines. we had the likes of united and americanirlines announcing the layoffs. and that's turned things around, i think. it will did overshadow the reading on the final jobs market reading before the presidential election and the truth is this is the highest unemployment rate we have ever seen for a president going into an election. that's the bottom line. even as we saw jobs added again in...
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Oct 1, 2020
10/20
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united and american airlines said in response they were preparing to furlough a combined 32,000 workers as hopes of an airline industry bailout faded. disney, meanwhile, said it will lay off 28,000 workers at its theme parks. in florida, republican governor ron desantis refused to extend a moratorium on foreclosures and evictions during the pandemic, which expired at midnight. florida has recorded a new spike in cases since governor desantis lifted limits on capacity at bars, restaurants, and other businessesasast fridayay. voting rights activists are hailining two new vivictories ie courts. a federal court has rerejected n effort by the trump campaign to block an expansion of mail-in voting in montana. judge dana christensen said it is "fiction" that montana will fall prey to widespread voter fraud. meanwhile, in wisconsin, a federal appeals court has reinstated a six-day extension for counting absentee ballots in november. in other voting news, the new york city board of elections has announced plans to resend absentee ballots to nearly 100,000 voters after a printing error led to the
united and american airlines said in response they were preparing to furlough a combined 32,000 workers as hopes of an airline industry bailout faded. disney, meanwhile, said it will lay off 28,000 workers at its theme parks. in florida, republican governor ron desantis refused to extend a moratorium on foreclosures and evictions during the pandemic, which expired at midnight. florida has recorded a new spike in cases since governor desantis lifted limits on capacity at bars, restaurants, and...
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Oct 2, 2020
10/20
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debilitating life-altering crisis october 1, furlough day for 30,000 workers at united and american airlines. we'll meet some of them in a moment for the air carriers, movie, entertainment groups and mom and pop stores from town to town across, the reality is stark tonight. after six months of hanging on and government relief nowhere in sight, too many businesses can hang on no longer. and they've decided their employees have to go furloughs at marriott, hilton, uber and more. that's on top of the 28,000 we heard about from disney this week last week the labor department reports close to 800,000 americans lost their jobs. the previous week even more than that and since covid, 60 million people have filed for unemployment insurance 60 million that is not just a number. those are our friends and our neighbors trying to pay the bills and the rolling crisis that is covid-19 they're the victims. ask the government for help. >> all right, congress, let's seal the deal. let's pass a covid relief package. >> allie malice is one of 33,000 airline workers being furloughed today. >> i love my job >> sh
debilitating life-altering crisis october 1, furlough day for 30,000 workers at united and american airlines. we'll meet some of them in a moment for the air carriers, movie, entertainment groups and mom and pop stores from town to town across, the reality is stark tonight. after six months of hanging on and government relief nowhere in sight, too many businesses can hang on no longer. and they've decided their employees have to go furloughs at marriott, hilton, uber and more. that's on top of...
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Oct 1, 2020
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this comes after the first debate spiralled into chaos. >>> and american airlines and united airlinesloyees. the action comes after government aid to airlines expired at midnight and a new covid relief bill is stalled in washington. the airlines and their labor unions are lobbying for taxpayer money to pay workers for six more months through next march. >>> today's call for racial equality and justice is not new, especially for people in south los angeles. for three decades, one organization has been at the forefront of spearheading the change. and now they could be a model for the rest of the nation. danya bacchus explains. >> reporter: congresswoman karen bass knows the pain of civil unrest because she's lived it. growing up in los angeles, she witnessed the 1965 riots and the 1992 los angeles riots. what do you make of this moment that we're in now? >> well, at some point in our country, we have to decide whether we're going to deal with this problem or not. riots, the community coalition, an organization she started in south los angeles, fought to rebuild their way. >> burning som
this comes after the first debate spiralled into chaos. >>> and american airlines and united airlinesloyees. the action comes after government aid to airlines expired at midnight and a new covid relief bill is stalled in washington. the airlines and their labor unions are lobbying for taxpayer money to pay workers for six more months through next march. >>> today's call for racial equality and justice is not new, especially for people in south los angeles. for three decades,...
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Oct 1, 2020
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BLOOMBERG
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and no fiscal support. american airlines and united laying off 32,000 people.in and nancy pelosi are still talking about stimulus relief. japan trading on hold. the fourth quarter begins with a major outage. the tokyo stock exchange is shut down with all trades frozen and much of asia also shut for holidays. for aan leaders gather special summit in brussels. relations with china and sanctions on belarus are on the agenda. isn't --recovery fund you refocus -- [indiscernible] lots to digest. asia is pretty much flat given that we have this outage in tokyo. there are a lot of holidays on a number of exchanges. it is these job cuts for me. tens of thousands of job cuts. people are going to start seeing even more suffering. all of this just within 24 hours. manus: yes, there are some of the numbers. potentially 30,000 people. i think if you look at the past 24 hours, you differentiate between political chaos of yesterday morning when we came to air and this morning with the market has bid on is really on the veracity of a fiscal deal. of fiscaltina difference betwee
and no fiscal support. american airlines and united laying off 32,000 people.in and nancy pelosi are still talking about stimulus relief. japan trading on hold. the fourth quarter begins with a major outage. the tokyo stock exchange is shut down with all trades frozen and much of asia also shut for holidays. for aan leaders gather special summit in brussels. relations with china and sanctions on belarus are on the agenda. isn't --recovery fund you refocus -- [indiscernible] lots to digest. asia...
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Oct 1, 2020
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and j.p. morgan are all planning cuts. american airlines and unitedtarting to lay off thousands of staff to reverse the job cuts if the government agrees to provide additional aid in the next few days. american is cutting 19,000 while american is laying off 13,000. the rate pressure. google has line out touched -- has launched new 5g cell phones. changes to its features and a lower price but the handset more directly in competition with the lower end phone. that is your bloomberg business flash. much.thanks very european leaders are meeting in brussels for a two day summit. the growing concerns that the recovery fund could be delayed as the phase stumbles over the rule of law conditions. let's get some explanation now. morning, maria. markets had priced in a win for the recovery fund. is it going to be ready in time? i was speaking to a markets life colleague, laura cooper, who was suggesting that maybe it was surprising about maybe a little bit of a delay. maria: exactly. the idea is that the recovery fund would have been operational by the start of
and j.p. morgan are all planning cuts. american airlines and unitedtarting to lay off thousands of staff to reverse the job cuts if the government agrees to provide additional aid in the next few days. american is cutting 19,000 while american is laying off 13,000. the rate pressure. google has line out touched -- has launched new 5g cell phones. changes to its features and a lower price but the handset more directly in competition with the lower end phone. that is your bloomberg business...
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airlines. american, delta and united airlines.a major footprint at mineta san jose airport. congress has been trying to secure extra funding. the first round you have funding back in march saved thousands of flight attendant, bag handler, gate agent and other jobs. if the airlines agreed not to lay them off, that money is gone. >> the last thing we want to do is furlough employees. we've been fighting so hard. >> at delta, we're looking at potentially 2,000 furloughs in pilot ranks if we don't get the grant from the government or, indeed, if we don't find a solution with our union. >> american could furlough 9,000 employees companywide. united could furlough some 13,000. delta, 2,000 pilots could be laid off but southwest say they will avoid layoffs for now. with travel below 70%. some smaller airports could go throughout any commercial flights. as far as medium and large cities, we could be seeing for flights making it tough for your next get away and how that affects us here again shall tens of thousands of those airline workers
airlines. american, delta and united airlines.a major footprint at mineta san jose airport. congress has been trying to secure extra funding. the first round you have funding back in march saved thousands of flight attendant, bag handler, gate agent and other jobs. if the airlines agreed not to lay them off, that money is gone. >> the last thing we want to do is furlough employees. we've been fighting so hard. >> at delta, we're looking at potentially 2,000 furloughs in pilot ranks...
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i think it would help the airlines and the stock market right now. you look at united and americanrkers furloughing them, and the cost associated with rehiring and retraining, especially if you are a pilot, may outweigh the cost of furloughing them or cost savings of furloughing them at this point in time. i think the markets are hanging in there. they are actually positive today despite all this uncertainty. the markets are holding up very strong and the jobs data we got, remember, was not that bad. it's actually pretty good, below 8% unemployment at 7.9%. neil: on that same theme, when you look at the fact that now the most powerful man on the planet has contracted this virus, wouldn't it affect a lot of people saying gosh, if he has it, i better watch out for it, maybe i've got to up my game here, wear the mask more, distance more, maybe not go to restaurants. could it have sort of a negative self-fulfilling economic prophesy? in other words, however it's justified health-wise, people might overreact and reshelter, re-lock themselves down, cancel travel plans? in other words, fe
i think it would help the airlines and the stock market right now. you look at united and americanrkers furloughing them, and the cost associated with rehiring and retraining, especially if you are a pilot, may outweigh the cost of furloughing them or cost savings of furloughing them at this point in time. i think the markets are hanging in there. they are actually positive today despite all this uncertainty. the markets are holding up very strong and the jobs data we got, remember, was not...
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airlines are going through with those job furloughs. that is because that 25 billion-dollar fiscal aid package does expire and there is no deal in sight. you have united and american airlines both saying they will jointly lay off roughly 32,000 or should say 32,000 furloughs and travel as a whole is just down dramatically. i'm at the international section of newark. there are two people, two travelers behind me. it is completely dead. the expectation, the predictions for 2020, travel will drop 66% compared to last year. so dramatic drop. obviously having a negative effect on the industry. treasury secretary steve mnuchin did speak to airline ceos. he did say they're trying to work out a bipartisan deal but as we know they delayed the vote on that $2.2 trillion package so they could have more time to negotiate and that means there is no deal for airlines. why they're going ahead, first with american airlines. they are furloughing today 19,000 employees. you also have you knighted airlines furloughing roughly 13,000 employees. they wrote a letter, and i, statement i should say, quote, we implore our elected leaders to reach a compromise, get a deal done now and save
airlines are going through with those job furloughs. that is because that 25 billion-dollar fiscal aid package does expire and there is no deal in sight. you have united and american airlines both saying they will jointly lay off roughly 32,000 or should say 32,000 furloughs and travel as a whole is just down dramatically. i'm at the international section of newark. there are two people, two travelers behind me. it is completely dead. the expectation, the predictions for 2020, travel will drop...
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Oct 1, 2020
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provokes renewed anger over sexual violence in india and layoffs have begun for more than $30000.00 airline employees in the u.s. american and united airlines say they need another $25000000000.00 in aid from the government to reverse the cuts it is governments is accused of not told in security forces accountable for a violent crackdown on protesters amnesty international say at least 50 people were killed protests began in october last year when alpha condé announced plans to run the game those are the headlines people in power is up next. hi i'm steve clemons suit and i question what these days it's hard to filter out the newly sinking track of what's really important to eat the bottom line tackles the big issues this is shaping the united states its people its economy and the way it deals with the rest of the world the bottom line not only on al-jazeera. how has north korea one of the poorest countries in the world managed to evade u.n. sanctions and pay for its nuclear weapons program the answer is through a secretive government organization known as bureau $39.00 which obtains foreign exchange to fund kim jong un's regime in
provokes renewed anger over sexual violence in india and layoffs have begun for more than $30000.00 airline employees in the u.s. american and united airlines say they need another $25000000000.00 in aid from the government to reverse the cuts it is governments is accused of not told in security forces accountable for a violent crackdown on protesters amnesty international say at least 50 people were killed protests began in october last year when alpha condé announced plans to run the game...
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and today is the first day that, unfortunately, airlines are going to go ahead with these furloughs, and that's because the $25 billion stimulus package has expired, and there's no deal in sight. united and americanes starting today. you had treasury secretary steve mnuchin that said he spoke to airline executives, and they are working towards a bipartisan deal, but we know how speaker nancy pelosi delayed the vote yesterday on that $2.2 trillion package, so there's no deal in sight which is why today american airlines announced they would be furloughing 19,000 employee. and then you had united airlines also saying they will furlough 13,000 employees today. and the airline did issue a statement the as well, quote with: we implore our elected leaders to reach a compromise, get a deal done now and save jobs. we do have some reports right now too that delta airlines are holding back on this for a little, they're trying very hard to avoid future furloughs on 1700 pilots by november 1st. overall, though, the entire industry has been relatively insulated just by the drop in travel demand which right now is almost down 70%, and that's because they had that $25 billion stimulus package that was given sin
and today is the first day that, unfortunately, airlines are going to go ahead with these furloughs, and that's because the $25 billion stimulus package has expired, and there's no deal in sight. united and americanes starting today. you had treasury secretary steve mnuchin that said he spoke to airline executives, and they are working towards a bipartisan deal, but we know how speaker nancy pelosi delayed the vote yesterday on that $2.2 trillion package, so there's no deal in sight which is...
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Oct 1, 2020
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investigators are looking into the cause and they believe it may have started on an electrical fence. >>> i'm kris sanchez at sfo where united airlines and americanget furlough notices today. united will notify 13,000 workers and more half flight attendants and american 19,000 workers. the industry's request for $20 billion in federal aid is in limbo and the last round of help expired at midnight. the airlines say they will recall workers if that federal aid comes through. we'll track the negotiations in washington. >>> in the meantime, let's check the forecast with meteorologist kari hall. smoky skies and hot temperatures. what a combo. >> yeah. i mean, we could barely see the sun rising this morning. taking a look at this shot from walnut creek. we have so many concerns today from the high fire danger sparking that red flag warning as well as the heat advisory and spare the air alert and also a note to conserve energy for today. it's going to be really hot. we don't want any blackouts as our temperatures, laura, reach up to 102 degrees inland. >> wow. try to keep cool out there. we'll be back with another local news update in half an hour. prop
investigators are looking into the cause and they believe it may have started on an electrical fence. >>> i'm kris sanchez at sfo where united airlines and americanget furlough notices today. united will notify 13,000 workers and more half flight attendants and american 19,000 workers. the industry's request for $20 billion in federal aid is in limbo and the last round of help expired at midnight. the airlines say they will recall workers if that federal aid comes through. we'll track...
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Oct 1, 2020
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and awareness for be rude. in the united states, tens ofof thousands of workers are out of a job. >> a day after disisney announcd it was cutting 20 eight thousand jobs, american and united airlinesg off 32,000 staff members. federal aid for the aviation sector ran out at midnight and with it, the condition that payroll remain intact. congress has failed to agree on new funding for the sector. air traffic i is still 70%0% bew normrmal. airlines have said they have no choice but they will recall employees if the federal government comes through with more support. >> thehere is a lot of d debate about whwhether airlinine workes should continue to be singled out as a wororkgroupup deservinf focused singngle-minded aid. there is a feeling that airline workerss may notot necessarily deserve the s support that realy what is needed i is something brbroader. that will aid moree ameriricans, all amerericans who are out of work foror no fault of their own because the pandemic. >> the number of americans claiming unemployment decreased slightly last week. 837,000 new claims were recorded by the labor department. that is more than the previous week and it is still above pre-pandemic levels.
and awareness for be rude. in the united states, tens ofof thousands of workers are out of a job. >> a day after disisney announcd it was cutting 20 eight thousand jobs, american and united airlinesg off 32,000 staff members. federal aid for the aviation sector ran out at midnight and with it, the condition that payroll remain intact. congress has failed to agree on new funding for the sector. air traffic i is still 70%0% bew normrmal. airlines have said they have no choice but they will...
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Oct 2, 2020
10/20
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KQED
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and u.s. airlines american and united announced they will for low tens of thousands of employees, and yesterdaywe learned the gdp plunged more than 31%. could we see a rebound in the next few weeks? joining us is our north america business correspondent. is the recovery slowing and losing momentum? >> the video on growth reflects what is happening in the second quarter of the year. that really was othe coronavirus or the coronavirus shock first hit the u.s. economy. that is why you see such stark figures. this huge contraction. but when you look forward, the comparisons are hard to make a quarter to quarter. people are predicting a sharp rebound, from this dramatic decline. the first phase of the pandemic is the shock to the system. the second is this kind of recovery, and what economists are looking is to see how fast the recovery will be. we are getting close on the job market where we have seen improvements in may and june. the pace of the rebound has begun to moderate and i think that is what is worrying economists. when you hear announcements from companies like disney or from the american
and u.s. airlines american and united announced they will for low tens of thousands of employees, and yesterdaywe learned the gdp plunged more than 31%. could we see a rebound in the next few weeks? joining us is our north america business correspondent. is the recovery slowing and losing momentum? >> the video on growth reflects what is happening in the second quarter of the year. that really was othe coronavirus or the coronavirus shock first hit the u.s. economy. that is why you see...
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Oct 1, 2020
10/20
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KPIX
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airline workers are bracing for job cuts today. >> they're hoping washington will approve a new pandemic relief package that could include more aid for the industry. combined american and united airlines are set to furlough 32,000 workers. they say if congress makes a deal, they can refers that. it has to come in the next few days. >>> 837,000 americans filed for unemployment benefits last week, an improvement over the prior week but remains high from a historical perspective. more than 650,000 people filed for pandemic unemployment assistance, a category reserved for freelance and gig workers. >>> nfl has postponed sunday's steelers titans game over coronavirus concerns after another titans player and a staff member tested positive for covid-19. the move is one day after the league said it hoped to play the game next week. nfl says a new game date would be announced shortly. there are now a total of 11 covid cases among titans. that includes players and organization members. >>> today jimmy carter is celebrating his 96th birthday. he is the longest living u.s. president. the spokesperson told atlanta journal constitution he plans to spend his birthday with his wife in their
airline workers are bracing for job cuts today. >> they're hoping washington will approve a new pandemic relief package that could include more aid for the industry. combined american and united airlines are set to furlough 32,000 workers. they say if congress makes a deal, they can refers that. it has to come in the next few days. >>> 837,000 americans filed for unemployment benefits last week, an improvement over the prior week but remains high from a historical perspective....
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Oct 1, 2020
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for the airline industry in the united states is leading to some of the country's biggest carriers to furlough employees. united airlines says it will put 13,000 employees into furlough, and americanversal, saying it would cancel the furloughs if congress' aid programme is extended in the next few days. more on that in the business section. the largest study yet of coronavirus cases in england facebook is seeking to ban those having an impact on the presidential elections. its director of product manager says the policy would apply across facebook and instagram. it will predict any adverts that cause specific methods of voting, for example by mail, as being inherently fraudulent or corrupt. the larger study at of coronavirus cases in england suggests the growth of the pandemic may be slowing. the team at imperial college london say that could mean measures to control covid—19 are working. but they warn that levels of infection are still high. higher in some places than others. italy was for some weeks the global epicentre of coronavirus — the first country in the west to be deeply affected by the pandemic and the first in the world to impose a national lockdown — but now, its infe
for the airline industry in the united states is leading to some of the country's biggest carriers to furlough employees. united airlines says it will put 13,000 employees into furlough, and americanversal, saying it would cancel the furloughs if congress' aid programme is extended in the next few days. more on that in the business section. the largest study yet of coronavirus cases in england facebook is seeking to ban those having an impact on the presidential elections. its director of...
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layoffs have begun at american airlines and united affecting 32,000 workers but both companies say they will hire everyone back if the new covid-19 deal is reached. top airlines accepted a $25 billion stimulus package last month with an important contingency. no job cuts through september. well, today is october 1st. kristina partsinevelos is at newark airport in new jersey with more. reporter: i know, here we stand on october 1st, it marks the first day where airlines can start to furlough employees. like you mentioned, the $25 billion fiscal stimulus package for the airlines has expired. there's no deal in place at the moment and that's why you have a united as well as american airlines both furloughing roughly 32,000 employees. the industry itself was relatively insulated just over the last little while because of that extra payroll support, more specifically american, delta as well as united all received at least $5 billion in aid. southwest getting about $3.3 billion. but we are at a point now where that's not enough for them. that's why you had house speaker nancy pelosi, treasury
layoffs have begun at american airlines and united affecting 32,000 workers but both companies say they will hire everyone back if the new covid-19 deal is reached. top airlines accepted a $25 billion stimulus package last month with an important contingency. no job cuts through september. well, today is october 1st. kristina partsinevelos is at newark airport in new jersey with more. reporter: i know, here we stand on october 1st, it marks the first day where airlines can start to furlough...
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Oct 1, 2020
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layoffs are begun for more than $30000.00 airline employees in the u.s. american and united airlines say if washington comes up with another $25000000000.00 in the next few days their workers will be recalled. firefighters in northern california are struggling to contain 2 fast moving wildfires one is threatening towns and wineries in not valley the others killed 4 people in the cascade foothills close to the alton border and isolated 75000 people are under evacuation orders the state's seen a record shattering fire season that's already scorched over 1500000 hectares. at least 60 people have been detained in hong kong accused of defying a ban on gatherings that are being called on line for protests to mark china's national day police blocked off streets and alleys in a major shopping area where previous demonstrations have been held there's a ban on mass gatherings because of the pandemic while chief executive caroline hailed the beijing strict security law for bringing peace to the territory hong kong marks the anniversary with a flag raising ceremony on the shores of vict
layoffs are begun for more than $30000.00 airline employees in the u.s. american and united airlines say if washington comes up with another $25000000000.00 in the next few days their workers will be recalled. firefighters in northern california are struggling to contain 2 fast moving wildfires one is threatening towns and wineries in not valley the others killed 4 people in the cascade foothills close to the alton border and isolated 75000 people are under evacuation orders the state's seen a...
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american airlines and united say they will reverse the leaves if it bailout is approved. of for more on that story i'm joined by ends caught our financial market correspondent in new york what are the chances then for a new coronavirus stimulus package any time soon. well more a clearly is needed and not just in the aviation industry i'm spending standing in front of a local movie theater in brooklyn actually i started reporting from here early on in spring when the crisis struck and all movie theaters got closed the place is still closed as you might see see you on the other side and this i that was the science they put up in march i would say and it's still on there so we still haven't reached the other side of the pandemic and small businesses and also unemployed people clearly need aid but at the moment the proposal from democrats that's on the table in the house and the amount of $2.00 trillion dollars will very likely not make it through senate senator majority leader mitch mcconnell hinted that he will not approve this proposal so more initial negotiations would ne
american airlines and united say they will reverse the leaves if it bailout is approved. of for more on that story i'm joined by ends caught our financial market correspondent in new york what are the chances then for a new coronavirus stimulus package any time soon. well more a clearly is needed and not just in the aviation industry i'm spending standing in front of a local movie theater in brooklyn actually i started reporting from here early on in spring when the crisis struck and all movie...
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Oct 1, 2020
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united states largest airlines are all skin thousands of employees to go and leave as politicians struggle to agree on a new coronavirus relief bill united furloughing more than 13000 staff and americans american airlines some 900008 federal ban on layoffs expires later on thursday indian police are being accused of creating the body of a teenage girl against her family's wishes the 19 year old died after she was gang raped and it's provoked renewed anger of the sexual violence in india and against the country's call system the victim was from the community which is the lowest cost police are out in force in hong kong to deter protests on china's national day there were small demonstrations and a bigger rallies are expected later those are the headlines the news continues here on our desire after the stream. i care about helping you with the gate but the rock the world i cover foreign policy natural for you already this is a political impasse here's the conflict are we telling a good story. we are really good in taking you into a place that you might not visit otherwise at the actually feels that you were there. hello i'm melissa chan and i'm guest hosting the stream home edition toda
united states largest airlines are all skin thousands of employees to go and leave as politicians struggle to agree on a new coronavirus relief bill united furloughing more than 13000 staff and americans american airlines some 900008 federal ban on layoffs expires later on thursday indian police are being accused of creating the body of a teenage girl against her family's wishes the 19 year old died after she was gang raped and it's provoked renewed anger of the sexual violence in india and...
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Oct 1, 2020
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and tens of thousands of airline employees in the u.s. could lose their jobs unless politicians can agree on a new coronavirus relief bill american and united airlines say they need another $25000000000.00 in aid to reverse the cuts. france is spearheading efforts to keep lebanon's collapsing economy afloat president's emmanuelle mccraw is given politicians an extra 6 weeks to form a nonpartisan cabinets but says in a harder reports the political vacuum is likely to continue for weeks. it's been nearly 2 months since the devastating explosion at the port in beirut it hasn't been easy for david sabella to find the money to fix the damage in his restaurant the economy was already collapsing and now a political vacuum creates more uncertainty within die in the explosion and now they're killing us and everything right away and still no solution in their fight and within the have or they don't even form the government. the government resigned in the aftermath of the blast an initiative by french president eman well mccraw failed after lebanese parties didn't commit to forming a nonpartisan government capable of carrying out much needed reforms t
and tens of thousands of airline employees in the u.s. could lose their jobs unless politicians can agree on a new coronavirus relief bill american and united airlines say they need another $25000000000.00 in aid to reverse the cuts. france is spearheading efforts to keep lebanon's collapsing economy afloat president's emmanuelle mccraw is given politicians an extra 6 weeks to form a nonpartisan cabinets but says in a harder reports the political vacuum is likely to continue for weeks. it's...
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Oct 1, 2020
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and to put everybody behind the global responsibility. to the united states largest airlines are asking thousands of employees to go and leave as politicians struggle to agree on a new coronavirus relief bill american airlines is following 900000 workers and united airlines more than 13000 the trumpet ministration has proposed including a $20000000000.00 tension in aid for the industry and a new stimulus to proposal to house democrats hoping for a very counter proposal and for a possible stimulus bill to get passed or at least an serious negotiations to be signaled this afternoon so it's crazy tomorrow i'm unemployed and today and i'm waiting for congress to do something if there's 100000 workers who are facing being out of work as of thursday and those are on various statuses but 100000 people immediately facing being out of work and many of them losing their health care as well. the head of the u.s. federal aviation administration has conducted an evaluation of flight a boeing is raef 737 max and liner that was grounded after crashes in ethiopia and indonesia f.a.a. chief steve dickson says he liked what he saw but wasn't ready to give the jet a green light the flight was a key part of boeing's q
and to put everybody behind the global responsibility. to the united states largest airlines are asking thousands of employees to go and leave as politicians struggle to agree on a new coronavirus relief bill american airlines is following 900000 workers and united airlines more than 13000 the trumpet ministration has proposed including a $20000000000.00 tension in aid for the industry and a new stimulus to proposal to house democrats hoping for a very counter proposal and for a possible...
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Oct 1, 2020
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that may help with minnesota's so-called iron range and would decrease dependence on china. american and united airlinesart laying off thousands of workers the next few days as scheduled. both promised to reverse the furloughs if the government agrees to provide additional payroll aid. americans plan to lay off 19,000 workers. united will cut about 30,000. tols-royce plans to raise up 6.5 $1 million in new financing. beenet engine makers have shrinking because of the collapse in demand for the plane -- shares of rolls-royce are down more than 80% this year. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. ♪ >> one of the blessings we have been new jersey is we have hundreds of school districts. we review each and every one of their plans when we shut in march and each and every one when were you we are open in september. that will be a local specific decision and that is what is playing out. back to school for us has been very successful. only 11 outbreaks in school build
that may help with minnesota's so-called iron range and would decrease dependence on china. american and united airlinesart laying off thousands of workers the next few days as scheduled. both promised to reverse the furloughs if the government agrees to provide additional payroll aid. americans plan to lay off 19,000 workers. united will cut about 30,000. tols-royce plans to raise up 6.5 $1 million in new financing. beenet engine makers have shrinking because of the collapse in demand for the...
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Oct 12, 2020
10/20
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BLOOMBERG
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it sets up a clash with united and american as the airline travel demand edges up.west left bush international in 2005. coming up, we will discuss the impact on energy markets, china's australian coal ban with tim buckley. this is bloomberg. ♪ hope it doesn't cost too much. i hope my insurance pays for it. can you tell me how much this will be? - [cashier] 67. - sorry. - wait, have you heard about goodrx? goodrx finds free coupons to help you save up to 80% on your prescriptions. - wow, i had no idea. - [announcer] goodrx, stop paying too much for your prescriptions. karina: you are watching daybreak australia. we begin with our top story. hopes of a stimulus in washington are fading. how slim makers told not to it -- house lawmakers told not to expect any move this week. president trump is urging the gop to cut short the supreme court hearings to focus on vaulting the economy. even if the two sides can bridge the differences, there's almost no chance of a vote before the election. consumer inflation and india accelerated more than expected.cpi rose 7.3% from a year
it sets up a clash with united and american as the airline travel demand edges up.west left bush international in 2005. coming up, we will discuss the impact on energy markets, china's australian coal ban with tim buckley. this is bloomberg. ♪ hope it doesn't cost too much. i hope my insurance pays for it. can you tell me how much this will be? - [cashier] 67. - sorry. - wait, have you heard about goodrx? goodrx finds free coupons to help you save up to 80% on your prescriptions. - wow, i had...
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american airlines and united say they will reverse the leaves if it bailout is approved. of more of that story i'm joined by our financial market correspondent in new york what are the chances then for a new coronavirus stimulus package any time soon. well more aid clearly is needed and not just in the aviation industry i'm spending standing in front of a local movie theater in brooklyn actually i started reporting from here early on in the spring when the crisis struck and all movie theaters got closed the place is still closed as you might see see you on the other side and the side that was the scion they put up in march i would say and it's still on there so we still haven't reached the other side of the pandemic and small businesses and also unemployed people clearly need aid but at the moment the proposal from democrats that's on the table in the house and the amount of $2.00 trillion dollars will very likely not make it through senate senator majority leader mitch mcconnell hinted that he will not approve this proposal so more initial negotiations would need to be d
american airlines and united say they will reverse the leaves if it bailout is approved. of more of that story i'm joined by our financial market correspondent in new york what are the chances then for a new coronavirus stimulus package any time soon. well more aid clearly is needed and not just in the aviation industry i'm spending standing in front of a local movie theater in brooklyn actually i started reporting from here early on in the spring when the crisis struck and all movie theaters...