Bloomberg Macy’s Inc, in the middle of navigating a broad US shutdown of nonessential businesses, said that Chief Financial Officer Paula Price is leaving her role. Price, who has been in the position for less than two years, “has made the decision to leave the company as of May 31,” the department-store operator said in a statement. She will remain …

Bloomberg The federal government ordered airlines accepting financial aid to maintain minimal service levels to cities they served before the Covid-19 pandemic ravaged the transportation system, but made adjustments for low-cost carriers and those that fly to some destinations only part of the year. The US Department of Transportation eased some requirements it made in a proposal after airlines and …

Bloomberg The world’s largest oil producers are hammering out the terms of an unprecedented deal to mitigate the devastating impact of the coronavirus crisis as they prepare for an extraordinary meeting this week. Saudi Arabia and Russia are closing in on an agreement to curb output, which could drain some of the oil surplus threatening to overwhelm storage tanks and …