Coronavirus

When Americans come back to work, we could see a ‘spike in litigation’ over coronavirus

As COVID-19 infection rates begin to level off, and governments mull unprecedented action to return millions of Americans back to offices, manufacturing facilities, warehouses, restaurants, and retail locations, legal protections created for a pre-pandemic world are about to be tested. And businesses may be exposed to a wave of new lawsuits.

“When people are going back to work and getting back out to normal life you’re going to see a spike of infections, and I fully expect that will be followed with a spike in litigation,” Eric A. Swan, an attorney with Lathrop GPM who handles tort defense on behalf of Fortune 500 companies, told Yahoo Finance. Swan describes the coming claims as “battlegrounds” that will settle new labor and business disputes.

The anticipated uptick has labor and employment attorneys shifting focus from helping clients navigate the avalanche of coronavirus-related furloughs, layoffs, and work from home mandates, to preparing for

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Southwest says it could take more than 5 years for business travel to get back to normal, as the airline reports its first loss since 2011 because of the coronavirus

southwest airlines
southwest airlines

Scott Olson / Getty Images

Southwest Airlines CEO Gary Kelly said on Tuesday that business travel could take more than five years to return to 2019 levels, as the airline reported its first quarterly loss since 2011 amid an “unprecedented” and “breathtaking” crisis for the global airline industry.

The airline reported a net loss of $94 million in the first quarter of 2020 with total revenue of $4.23 billion, down 18% over the year before. Those losses all came in March, as bookings plummeted and cancellations skyrocketed, Kelly said in the airline’s earnings call with analysts.

Southwest predicts “no material improvement in air travel trends” this spring, according to a filing with the Securities and Exchanges Commission, saying it expects revenue to fall as much as 95% in May. It added that it is “unable to reasonably estimate trends beyond May 2020.”

The airline raised $6.8 billion in

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Business Group Offers $1M In Funding For Coronavirus Recovery

FREDERICKSBURG, VA — A Virginia business group is seeking project ideas for economic recovery from the coronavirus in the Fredericksburg area. The Virginia Growth and Opportunity Board (GO Virginia) has up to $1 million in coronavirus funding to be used for recovery efforts within its Region 6, which includes the Fredericksburg area, the Northern Neck and the Middle Peninsula.

At its April 17 meeting, GO Virginia’s state board approved funding for proposals that can show they would have a positive impact on the local economy. GO Virginia is a statewide business-led economic development initiative.

“Our economy is in need of immediate action in its recovery efforts. GO Virginia Region 6 is excited to hear ideas from within the region on ways in which these funds can be utilized to lead recovery efforts,” William Beale, GO Virginia Region 6 chair, said Wednesday in a statement. “We as a region have updated

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