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In Hong Kong, Anxiety and Defiance Over Trump's Move to Cut Ties The New York TimesTo punish China, Trump moves to end Hong Kong privileges ReutersTrump announces unprecedented action against China CNNChristian Whiton: Trump's tough action against China is long overdue - Beijing must pay for its misconduct Fox NewsChina and the Rhineland Moment The New York TimesV
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During the first month of shutdowns, Atlanta commercial landlord Robert Fransen decided to work with his tenants to cut them a break on their rent and help them adapt their businesses to the pandemic.
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Protests in Minnesota Renew Scrutiny of Klobuchar's Record as Prosecutor The New York TimesGeorge Floyd and Police Officer Who Held Knee on Neck Worked Security at the Same Club Together PEOPLEBarack Obama's Statement On George Floyd's Death NPRVideo Shows New Angle Of George Floyd's Arrest With Multiple Officers | NBC News NOW NBC NewsWhat the National Guard can and can't do in Minneapolis ABC News
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 (Bloomberg) -- The German government settled a dispute with the European Commission over a 9 billion-euro ($9.9 billion) bailout of Deutsche Lufthansa AG, clearing the way for the carrier to accept the rescue package.After intensive talks, the commission and the German government agreed that Lufthansa will reduce the number of aircraft it keeps at Frankfurt and Munich airports. Lufthansa in a statement said it would surrender up to 24 takeoff and landing slots, making room for new competitors at each hub.The compromise wraps up a nail-biter of a week with Lufthansa's future in the balance. Germany on Monday offered Lufthansa a package of loans and equity investment to keep the carrier aloft through the coronavirus storm. But after the EU demanded it give up slots in Munich and Frankfurt, the airline's supervisory board unexpectedly held off on accepting this lifeline -- throwing the rescue plan into turmoil after weeks of talks. Lufthansa said early Saturday that the deal, which still requires approval of its supervisory board, reflects a reduction in the initial demands from the EU. The airline will have to cut back four aircraft each at Frankfurt and Munich, surrendering 24 daily slots -- equivalent to three takeoff-and-landing pairs for each plane, the statement said.For an initial 18-month period, the slots can only be allocated to one new competitor each at Frankfurt and Munich. After that, they can be made available to rivals already present at the airports. The capacity will be allocated in a bidding process,
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United Airlines cutting 13 top exec jobs, adding international flights in July Fox BusinessUnited cuts 13 high-level executives as travel demand 'still a very long way from where it was' CNBCUnited Airlines slashes senior management amid COVID-19 recession Crain's Chicago BusinessUnited Airlines cutting 13 top jobs, adding international flights in July Yahoo Finance
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 U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy business.
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U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.
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