Southwest Airlines Says Federal Aid Helps Avoid Furloughs
Southwest had previously announced that it was going to be forced to make the first layoffs in company history.
Another aspect of the COVID relief deal – funding for airlines.
Southwest Airlines said it will allow them to not have to furlough workers. And it will prevent them from having to make pay cuts.
Southwest had announced that it was going to be forced to make the first layoffs in company history, with about 6,800 people affected.
The airline industry received about $16 billion in support from the deal.
Biden, McCarthy meet face-to-face on debt crisis worries
McCarthy had all but invited himself to the White House to start the conversation before a summer debt deadline.By Susan Walsh / AP
Fed lifts rate by quarter-point and signals more hikes ahead
The Fed's latest move will likely further raise both the costs of many consumer and business loans and the risk of a recession.By Jacquelyn Martin / AP
For 'Amtrak Joe' Biden, Baltimore rail tunnel visit is personal
President Biden will visit the aging Baltimore and Potomac Tunnel that's slated to be replaced with help from bipartisan infrastructure legislation.By Patrick Semansky / AP
Source: Kyrie Irving going to the Dallas Mavericks
The blockbuster trade ends Irving's pairing with Kevin Durant before it ever had much of a chance to click.By Frank Franklin II / AP
Lawmakers react to US shooting down suspected Chinese spy balloon
If you can't get enough of the Chinese balloon saga, turns out there's another sighting in Costa Rica.By Chad Fish via AP
Democrats introduce bills intended to bolster Black history education
Advocates for the legislation said it would invest $10 million over five years in the National Museum of African American History and Culture.By Mariam Zuhaib / AP