Fort Worth, Texas (AP) -- American Airlines eked out a second-quarter profit of $19 million, its first since the pandemic started, thanks to nearly $1.5 billion in federal relief.
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Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi Global Inc. after its controversial initial public offering last month, according to people familiar with the matter.
Abbott Laboratories posted stronger-than-expected second-quarter profit and revenue results, even as demand for its Covid-19 testing products dropped when U.S. virus cases ebbed in the spring.
Vaccine certificates in England could be required not just in nightclubs, but also at business conferences, music festivals and sports events from September.
Here is the latest news from the global pandemic.
Source: Bloomberg, 13:25
Biden administration releases COVID funds to boost local economies
ECB pledges record low rates to reach 2% inflation
President Joe Biden gestures during a meeting at the White House in Washington, D.C., June 28, 2021. (Kevin Lamarque/Reuters) Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: the dangerous illusion of cheap money, cutting dividends is not the answer, home prices and inflation, warning signs from the…
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