Bloomberg American Airlines Group Inc. will begin recalling furloughed employees as soon as US lawmakers approve a relief package with payroll funds for airlines, Chief Executive Officer Doug Parker said. The first paychecks were issued to workers who had been sent home, Parker and American’s president, Robert Isom, said in a memo to employees. Pay and benefits would be retroactive …

Bloomberg Almost 1.2 million people took to the skies in the US, the most since Covid-19 erupted, despite warnings against large gatherings and travel during the holidays. People flocked to airports in past week, according to Transportation Security Administration (TSA) data. An average of more than 1 million people a day passed through TSA screening over the past week, which …

Bloomberg Credit Suisse Group AG signalled that business continued a mixed performance in the fourth quarter and warned that reaching a profit target next year will depend on the impact of the pandemic. The investment bank “continues to perform well,” with revenue higher than in last year’s fourth quarter, Credit Suisse said in a statement, without providing more details. In …