After losses of €100 billion in 2020, will next year see air travel take off again? We speak to Alexandre de Juniac, the head of industry body IATA.
Macy’s has long been identified with the start of the holiday shopping season. But the company was hurting even before the coronavirus crisis hit the retail industry, raising questions about how far Macy’s star could fall.
Photo Illustration: Jacob Reynolds/WSJ
Boeing’s production cuts have sent shockwaves through the aviation industry, forcing suppliers to lay off thousands of employees. Tool Gauge reconfigured its operations just after opening a new facility in Tacoma, Wash., designed to manufacture Boeing parts.
Photo: Joel Winter for The Wall Street Journal
Governments will have to deal with the economic fallout from the pandemic for decades to come. If they get their response wrong, countries risk economic stagnation and political division.
Read more here: https://econ.st/3ojORKY
To stimulate its pandemic-hit economy, a province in South Korea has been experimenting with universal basic income programs by regularly giving out cash, no questions asked. Now, some politicians want to go national with the concept.
Illustration: Crystal Tai/WSJ
It’s no secret that the United States Postal Service has been losing money for a long time, but that’s not entirely its fault. Here are the real reasons it’s in the red.
Produced by John General Supervising Producer Bronte Lord
More than a dozen wineries in Napa and Sonoma Counties have suffered losses related to recent wildfires in California. WSJ talks to the owner of Castello di Amorosa, whose warehouse of 120,000 bottles of wine was burned to the ground.
Photo: Samuel Corum/AFP
With a virtual-reality headset and a virtual meeting platform like Spatial, you can meet up and collaborate with your colleagues as if you were in a real office space. WSJ’s Joanna Stern transformed into a holographic avatar and got in a virtual elevator to test it out.
Photo illustration: Adam Falk
About 90% of the Duck Inn’s current revenue comes from customers enjoying socially distant table service in their outdoor seating area. Especially in places like Chicago where temperatures drop below freezing, it’s one of many restaurants grappling with how to prepare for and survive winter.
Photo: Nicolas Silva for The Wall Street Journal
How might the coronavirus pandemic transform the fitness industry? To find out, WSJ spoke with the CEO of Planet Fitness, an independent gym owner, and an industry analyst to learn about what we can expect for the future of fitness.