Hints and tips:
...Cleveland-Cliffs, which owns the mill at Indiana Harbor, has offered to buy United States Steel, which operates its largest works nearby in Gary, Indiana....
...Additional contributions from Gary Jones and Benjamin Wilhelm...
...FT journalist Claire Bushey reflects on the cost of her own cancer treatment and what it tells us about the US healthcare system....
...“In times of crisis and tragedy, it is especially important that public companies and executives provide full, fair and truthful disclosures to the markets,” said SEC chair Gary Gensler....
...In June, Southwest Airlines chief executive Gary Kelly said he would leave his post in February. Brad Tilden, head of Alaska Airlines, left the company on March 31....
...Robert Jordan, 60, the Dallas, Texas, airline’s executive vice-president of corporate services, will take over from Gary Kelly on February 1....
...Chief executive Gary Kelly said the Dallas airline would need to roughly double revenues from current levels to stop burning cash....
...Former UAW presidents Gary Jones and Dennis Williams pleaded guilty this year to embezzling union funds. Mr Gamble said that he felt betrayed by the union officials he knew who were convicted....
...Southwest’s chief executive Gary Kelly, Mr Weaks said, was “cutting his nose off to spite his face....
...Claire Bushey in Chicago reports investors are urging on GM and Ford’s electric plans....
...Southwest Airlines’ addition of flights to Palm Springs, California and Miami “will bring us access to additional revenue at a critical time”, said chief executive Gary Kelly....
...Gary Kelly, Southwest chief executive, on Thursday said that if lawmakers fail to extend additional aid, “we’ll be forced to . . . reduce our salaries, wages and benefits specifically by seeking concessions...
...Gary Kelly, chief executive of Southwest Airlines, said this month that he would not be surprised to see business travel “languish for a decade”....
...Southwest chief executive Gary Kelly said in a memo to staff dated July 24 that there will be no forced furloughs and no pay or benefit cuts “through at least the end of this year”, although he stopped short...
...In the meantime, broadcaster and prolific Twitter user Gary Lineker advises: “If I have even a 1 per cent doubt about it then I won’t post . . ....
...Gary Kelly, chief executive, became the second airline boss to say air travel will “remain depressed” until a vaccine or effective treatment for Covid-19 becomes available....
...“This is an unprecedented time for our nation and the airline industry,” said chief executive Gary Kelly....
...“We applaud the quick action by the US Department of Treasury to infuse liquidity into the economy and try to keep businesses open and people on the job,” said Gary Kelly, Southwest chief executive....
...Also, don’t miss my colleague Claire Bushey’s lovely personal essay on loneliness in the time of Covid....
...DD’s Ortenca Aliaj and the FT’s Claire Bushey and Peter Campbell have the details in this big read. Some investors appear to have been lax with their background research....
...With reporting by Don Weinland in Beijing, Joe Miller in Frankfurt, Claire Bushey in Chicago and Alice Hancock and Judith Evans in London...
International Edition