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 ...

Just what kind of economic slump will this be? It’s too early to know, but it’s not too early to speculate. I’ve done a totally unscientific survey of economic forecasts. Some were solicited by me; others I received from regular emails. What follows is a quick summary of what I found. It doesn’t attempt to forecast peak unemployment or the ...