Aramco to boost April crude output to a record 12.3 million bpd
Saudi Aramco said it will raise crude production to 12.3 million barrels per day in April, a record, in a Tadawal filing. The increase follows Russia's refusal to cut output, helping Brent trade above 37 dollars while Aramco shares rose 9.88 percent to 31.15 riyals.
MENTIONED IN THIS ARTICLE
Dubai
United Arab Emirates
Saudi Arabia
Saudi Aramco
Russia
Riyadh
Tadawal
Aramco
Saudi Arabian Oil Co
Airlines slash flights as virus cuts travel
Airlines slash flights and freeze hiring amid a sharp drop in bookings and rising cancellations from the coronavirus outbreak. Delta estimates one third of US seats will be empty this month and plans 10% to 15% US flight cuts, with 20% to 25% international cuts, amid weaker demand from both business and leisure travelers. CEO Ed Bastian said more action could follow as American and United also trim schedules, raise liquidity, and suspend buybacks while waiving change fees and boosting cabin cleaning.
MENTIONED IN THIS ARTICLE
Delta Air Lines
Logan Airport
Boston
Charles Krupa
United States
Delta
Glen Hauenstein
U.S
United Airlines
Ed Bastian
American Airlines
United
Asia
Italy
Hauenstein
Washington State
California
Associated Press
White House
Centers For Disease Control and Prevention
American
Doug Parker
America
China
Delta and
Southwest Airlines
Workers face tough choice without paid sick leave during crisis
U S workers lacking paid sick days may be forced to work while ill or forfeit pay as coronavirus cases rise. Pence cited CDC guidance urging flexible leave, while 32 million lack such benefits and low wage workers are most affected. Studies suggest paid sick leave reduces transmission without harming jobs.
MENTIONED IN THIS ARTICLE
Mike Pence
Centers For Disease Control and Prevention
U.S
Bureau of Labor Statistics
Ziebarth
Three infected at company that greets cruise passengers
MIAMI AP three Metro Cruise Services employees linked to Broward County Florida have tested positive for COVID-19 along with a 69 year old woman. Health officials urge passengers and nearby residents who crossed Port Everglades Fort Lauderdale to self isolate for14 days if symptoms appear. The CDC advises cruise travelers to monitor health for 14 days and seek medical care if symptoms emerge. Florida Governor DeSantis declared a state of emergency as lawmakers shuttered sessions to enhance response.
MENTIONED IN THIS ARTICLE
Miami
Florida
Port Everglades
Florida Department of Health
Broward County
Metro Cruise Services
Health Department
Fort Lauderdale
CDC
Ron DeSantis
DeSantis
U.S
Centers For Disease Control and Prevention
California
Grand Cayman
Volusia County
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Airbnb
Billy Porter
Idaho
Malibu
Barbie
Porter
MVRDV
Wells Fargo
New York
Congress
Charles Scharf
Tim Sloan
Sloan
Scharf
Bank of New York Mellon
Visa
Federal Reserve
Nicolas Ziebarth
Cornell University
College of Human Ecology
District of Columbia
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