Business Stories from June 30, 2020 (Change date)
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Regulators deny quick approval of new Great Lakes pipelineJun 30, 2020 7:30 pm - Traverse City, Mich. (AP) - A Michigan regulatory panel on Tuesday refused to grant quick permission to run a new oil pipeline beneath a channel that connects two of the...
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Scandinavian Airlines gets $1.5 billion to survive crisisJun 30, 2020 4:00 am - STOCKHOLM (AP) - Scandinavian Airlines said Tuesday it is getting an aid package worth 14.25 billion kronor ($1.5 billion) after an agreement with its main shareholders,...
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Shell takes $22 billion hit on lower oil, gas pricesJun 30, 2020 11:30 am - LONDON (AP) - Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVI...
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Airbus shedding 15,000 jobs, mostly in EuropeJun 30, 2020 1:30 pm - PARIS (AP) - Battered by the coronavirus pandemic, European aircraft manufacturer Airbus said Tuesday that it must eliminate 15,000 jobs, mostly in Europe, to safeguard ...
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Facebook to build $800 million data center in DeKalbJun 30, 2020 11:30 am - DEKALB, Ill. (AP) - Facebook has announced it will build an $800 million data center in DeKalb that will create about 100 permanent jobs and depend on 100 percent renewa...
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Mexico's legacy airline Aeromexico files for bankruptcyJun 30, 2020 9:30 pm - MEXICO CITY (AP) - Mexico's oldest legacy airline, Aeromexico, said Tuesday it has filed for Chapter 11 reorganization, a form of bankruptcy in which the carrier can kee...
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Pandemic delays Yahoo Japan, Line merger past OctoberJun 30, 2020 5:00 am - TOKYO (AP) - Online services Yahoo Japan and Line Corp. said Tuesday the fallout from the coronavirus pandemic is causing delays that will push back their merger to late...
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Europe restricts visitors from the US amid virus resurgenceJun 30, 2020 11:00 am - The European Continent on Tuesday reopened to visitors from 14 countries but not the U.S., where some of the states that pushed hardest and earliest to reopen their econ...
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EasyJet may close 3 UK bases as it slashes staffJun 30, 2020 11:00 am - LONDON (AP) - Budget carrier easyJet may close bases at Stansted, Southend and Newcastle airports in England as it consulted with unions on steps to stay afloat amid the...
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Japanese manufacturers' sentiments at low unseen since 2009Jun 30, 2020 8:30 pm - TOKYO (AP) - Japanese manufacturers' sentiments have plunged to the lowest level in more than a decade, a quarterly Bank of Japan survey showed Wednesday as the coronavi...
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