Tech is strengthening relationships in case of a Joe Biden victory to ensure they have a voice in an onslaught of federal and state investigations into their business practices, according to campaign finance records and interviews.
American Airlines and United Airlines, two of the largest U.S. carriers, said they were beginning furloughs of over 32,000 workers on Thursday as hopes faded for a last-minute bailout from Washington.
The Trump administration has proposed including a $20 billion extension in aid for the battered airline industry in a new stimulus proposal to House Democrats worth over $1.5 trillion, White House chief of staff Mark Meadows said on Wednesday.
The number of Americans filing new claims for jobless benefits fell last week but remained at recession levels, while personal income dropped in August, underscoring the need for another government rescue package for businesses and the unemployed.
The Trump administration said on Wednesday it intends to allow only 15,000 refugees to resettle in the United States in the 2021 fiscal year, setting another record low in the history of the modern refugee program.
Trading on the Tokyo Stock Exchange was brought to a complete standstill by a hardware failure for all of Thursday, in the worst-ever outage for the world's third-largest equity market.
The presidents of France, Russia and the United States called on Thursday for an immediate ceasefire between Azerbaijan and ethnic Armenian forces around Nagorno-Karabakh, but Turkey said the three big powers should have no role in peace moves.
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