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Tuesday, April 14, 2020

Major U.S. airlines accept government aid for payrolls; American and Alaska also seeking loans

The U.S. Treasury Department said on Tuesday that major passenger airlines have agreed in principle to a $25 billion rescue package, ensuring airline workers have jobs until October while the industry battles its biggest-ever crisis.


from Reuters: Business News https://ift.tt/2XAiSel

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Apple commits to $500bn US investment

The iPhone giant's $500bn investment plan includes a new factory in Texas, as well as money spent on suppliers. from BBC News https://...