Wednesday, April 22, 2020

Disney to stop paying 100,000 workers but is still on track to give shareholders $1.5 billion
Why The World Is Still Pumping So Much Oil Even As Demand Drops Away
$25 billion in airline-industry aid held up as Treasury insists on loans, not cash grants
Out of Work and Tips, Restaurant Workers Face Their Own Coronavirus Crisis
Ruth’s Chris Steak House Gets $20 Million From Coronavirus Aid Program
Oil Tankers Are Surrounding California With Nowhere to Unload
Ruth’s Chris Made $468 Million in Revenue but Gobbled Up $20 Million in Small Business Relief
Pay now, stay later: Hotels hit hard by coronavirus pandemic selling ‘bonds’ for future travel
Airlines Offer Vouchers, Credits For Canceled Flights. Customers Want Cash
Oil crashes 305% to -$36.73 a barrel
Virgin Australia Collapses as Virus Wipes Out Global Air Travel
Oil price goes negative as demand collapses
Free Fall: Oil Prices Go Negative
24 Hour Fitness weighs bankruptcy as coronavirus pushes fitness industry to brink. The gym chain is one of many fitness companies that has been under pressure amid state orders they close their doors to help prevent further spread of..
Disney stops paying 100,000 workers; cuts mean $500 million a month in savings. Walt Disney Co. will stop paying nearly half of its workforce. 'They could afford' not to furlough staff, one analyst says.

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