American Airlines Extends Change Fee Waiver Offer Until Sep 8
American Airlines (AAL) has announced it would extend its change fee waiver offer for customers booking tickets for new travel until September 8.
The change fee offer applies to first, business, Premium Economy or Main Cabin tickets purchased on or before June 30 for future travel, but travelers must pay any difference in price at the time of ticketing of the new fare.
The airline also revealed that all AAdvantage award tickets are included in the offer. Customers are allowed to change their origin and destination cities and travel must be completed by December 31, 2021.
In addition, American currently has a change fee waiver in place for all tickets for travel through September 30.
Last week, while reporting its earnings results, American Airlines noted that May and June revenue trends were encouraging, however, demand has weakened somewhat during July as COVID-19 cases have increased and new travel restrictions have been put into place.
Early this month, American Airlines informed about 25,000 employees, which is about 20% of its total workforce, about possibility of furloughs. The airline has issued WARN notices to 37% or 9,950 of American Airlines’ flight attendants, 18% or 2,500 of its pilots, and 22% or 3,200 maintenance workers and 26% or 4,500 fleet service employees.
Amazon CEO Jeff Bezos sells $3 billion worth of stock
Jeff Bezos is cashing in on the coronavirus.
The 56-year-old Amazon CEO on Wednesday sold $3.1 billion worth of stock in the e-commerce juggernaut, bringing his total stock sales for the year over $7 billion.
The world’s richest man sold exactly 1 million shares of Amazon Wednesday — a week after the company shattered expectations in its most recent earnings report.
The sale represented less than 3 percent of his massive Amazon stake, which is worth more than $175 billion. Bezos is currently worth $189 billion, according to Forbes.
Shares of Amazon are up more than 90 percent since the start of pandemic-related lockdowns in March, with massive gains fueled by stuck-at-home consumers turning to Amazon for their shopping needs. The stock was trading down 0.5 percent Thursday morning, at $3,187.04.
The billionaire announced in 2017 that he would be selling at least $1 billion worth of stock each year to fund his Blue Origin space flight company, which recently posted job listings for its lunar lander program.
“The price of admission to space is very high,” Bezos said at a 2018 awards dinner. “I’m in the process of converting my Amazon lottery winnings into a much lower price of admission so we can go explore the solar system.”
Bezos is locked in a heated space race with fellow tech billionaire and Tesla CEO Elon Musk, who runs his own rocket company, SpaceX. Both men want to launch a network of internet-beaming satellites, and both want to make space tourism accessible to the average person.
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Pelosi Makes Masks Compulsory For House Members, Staff
House Speaker Nancy Pelosi has made it compulsory for members of the U.S. House of Representatives and congressional staff to wear face mask inside the chamber.
“The chair expects all members and staff to adhere to this requirement as a sign of respect for the health, safety, and wellbeing of others present in the chamber and surrounding areas,” she said.
The Democratic leader said representatives can remove their masks while speaking in the House. She reminded members that they will be removed from the chamber if the new rule is breached.
“The chair would…like to remind members that the speaker has the authority to direct the sergeant at arms to remove a member from the floor as a matter of decorum,” Pelosi told the House.
Pelosi made the decision after Republican Rep. Louie Gohmert tested positive for coronavirus on Wednesday.
He is reportedly the tenth member of Congress to have tested positive for the deadly virus.
Ohio Gov. Mike DeWine tests positive for coronavirus ahead of Trump visit
- Ohio Gov. Mike DeWine tested positive for the coronavirus Thursday before he was scheduled to greet President Donald Trump upon his arrival in Cleveland, a statement from DeWine's office said.
- DeWine, a Republican, has no symptoms of the virus, but plans to quarantine at his home for the next two weeks, according to the statement.
- The announcement came shortly after Trump left the White House to travel to Ohio, where he is set to speak about the economy and tour a Whirlpool manufacturing plant.
Ohio Gov. Mike DeWine tested positive for the coronavirus Thursday before he was scheduled to greet President Donald Trump upon his arrival in Cleveland, a statement from DeWine's office said.
DeWine, a Republican, has no symptoms of the virus, but plans to quarantine at his home for the next two weeks, according to the statement.
The announcement came shortly after Trump left the White House to travel to Ohio, where he is set to speak about the economy and tour a Whirlpool manufacturing plant.
The coronavirus has infected more than 4.8 million people in the United States, killing more than 158,000, according to Johns Hopkins University.
The White House did not immediately reply to a request for comment from CNBC.
This is breaking news. Please check back for updates.
— CNBC's Christina Wilkie contributed to this report.
Belgium to be added to UK quarantine list imminently: ITV
LONDON (Reuters) – Britain will remove Belgium from its safe travel list imminently, ITV correspondent Carl Dinnen said on Twitter on Thursday, meaning that new arrivals into the UK from there will need to quarantine for 14 days.
He said France and Malta would remain on the safe list and that Portugal was expected to be added to the safe list in the coming weeks.