Business & Financial News, U.S & International Breaking News

The Federal Reserve's $3 trillion bid to stave off an economic crisis in the wake of the coronavirus outbreak is fuelling excesses across U.S. capital markets.

Southwest Airlines Chief Executive Gary Kelly told employees on Monday that he was concerned about the impact of a recent rise in COVID-19 cases and quarantines on already-weak travel demand and said passenger numbers would need to triple by the end of the year to prevent job cuts.

Six women who claim they were sexually abused by Harvey Weinstein urged a U.S. judge on Monday to reject an $18.9 million settlement with the disgraced movie producer, the board of his former studio and other accusers.

As Mexico celebrated a new trade deal with the United States and Canada on July 1, a group of Canadian energy investors warned their government that Mexico could already be violating the agreement for failing to respect contracts.

A laboratory that was revealed last week to have been testing the purity of a lethal-injection drug for the U.S. Department of Justice has said it will no longer test the drug if it is intended for executions.

Ghislaine Maxwell cannot be trusted to be freed on bail while facing charges she helped advance Jeffrey Epstein's sexual abuse, and deserves no "special treatment" because she might contract COVID-19 in jail, U.S. prosecutors said on Monday.