Almost a fifth of the S&P 500 are scheduled to report earnings this week, providing a look into how Covid-19 has ravaged different sectors.
Autos & Transportation
From face shields to vaccines, ingenuity is emerging from surprising corners of the private sector. It is a 21st-century version of FDR’s “Arsenal of Democracy.”
These 13 stats show how much coronavirus has changed airlines, hotels and others in a matter of weeks.
The biggest U.S. airlines reached an agreement in principle with the federal government on financial assistance aimed at preventing layoffs in an industry hit hard by the coronavirus pandemic.
Forgoing cheap flights from Boston to Rome will be tough for Norwegian Air Shuttle’s customers but necessary for its investors.
From airlines to car makers, companies are planning to gear up again. The new normal will look anything but, with safety shields, blood tests and plenty of space between customers.
Lazard and Evercore will help Boeing analyze government aid and potential funding from the private market, people familiar with the matter said.
Auto makers in China suffered their bleakest ever quarter in January through March, as the coronavirus pandemic closed factories and dealerships for several weeks, and eviscerated consumer demand.
State Farm is slashing premiums owed on 40 million vehicles, making it the latest carrier to offer consumers a financial-relief program as auto claims have plunged under shelter-at-home restrictions.
James Hartigan started at the bottom at United Airlines in 1942 and rose to CEO in 1985—just in time for severe turbulence in the industry. He died March 28 at age 95.
A mayor’s effort to seize bankrupt Ravn Air’s assets unnerved the carrier’s lenders until a state official said the emergency order was void.
Some airlines, cruise ships and other travel companies have been slow delivering money back for trips canceled by the coronavirus pandemic.
The coronavirus pandemic has upended the airline industry. Now, the sector’s pain is spreading to a little-known corner of the market where investors have enjoyed heady returns for years.
This re-creation—built out of real Bentley parts—has taken its owners all over the country, even through a Montana hailstorm.
Thanks to fracking, the Lone Star State’s economy outpaced most of the U.S. after the 2008 financial crisis. Now it looks set to suffer a prolonged and outsize contraction.
Oceangoing shipping companies are keeping commerce moving around the world as governments try to keep their staggering economies propped up and supplies heading to increasingly strained communities. But many operators are going into survival mode themselves, as the coronavirus pandemic takes a toll on trade.
President Trump said he was looking at whether to ground some domestic air travel between cities that are coronavirus hot spots to slow the spread of the pandemic.
Travelers are finding roadblocks to getting their money back from trips canceled by the coronavirus pandemic—even when the law requires it.
Big carriers like American Airlines are getting all the attention for the unprecedented damage that Covid-19 is causing airlines. Most of the action, though, may end up happening at the regional level.
China is mulling measures to stimulate auto sales and tweak policies for electric vehicles to offset the slump in the industry amid the coronavirus pandemic.