US Business

The airlines will go forward for now with a total of more than 32,000 job cuts after lawmakers were unable to agree on a broad coronavirus-relief package, the airlines told employees.

Boeing got a tentative personal endorsement for fixes to its beleaguered aircraft from the head of the Federal Aviation Administration after he personally took one of the jets on a test flight.

Hackers are launching more brazen attacks aimed at locking down entire networks, not just a few workstations, and increasingly target health-care companies, putting lives at risk as they demand higher bounties.

A comprehensive new study by McKinsey and Lean In suggests that many women—especially mothers—may have to step back or away from jobs because of the pandemic’s impact on their lives.

The U.S. Treasury said it has closed loans to seven passenger airlines and joined with the industry to call on Congress to extend more aid to prevent massive job cuts later this week.

Boeing will set plans this week to consolidate 787 Dreamliner assembly in South Carolina, people familiar with the matter said, ending production of that jetliner in Washington state.

NextEra Energy recently made a takeover approach to Duke Energy, according to people familiar with the matter, testing the waters for what would be a $60 billion-plus combination of two southern utilities.

Walt Disney said it would lay off about 28,000 employees at its domestic theme parks, citing continuing restrictions due to the Covid-19 pandemic, particularly its inability to reopen Disneyland in Southern California.

Retail store closings in the U.S. reached a record in the first half of 2020 and the year is on pace for record bankruptcies and liquidations as the Covid-19 pandemic accelerates industry changes.

Japan’s biggest telecommunications company said it would spend $40 billion to buy the portion of its mobile unit that it doesn’t already own, taking full control of its principal cash cow.