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An analysis of the airline industry suggests that major airlines will likely go bankrupt by May, as the industry encounters an abrupt interruption in travel due to coronavirus fears. According to a report by the Centre for Aviation on Monday, airlines are running low on cash reserves as flights are either being canceled, or being flown with few passengers. Stocks for major airlines have taken a huge tumble. United Airlines stock has dropped by 60 percent in the last month. Delta's stock has dropped more than 40%. American Airlines' stock dropped 45% in the last month.Delta announced an approximately 50% cut in capacity for April and May on Monday. Delta expects these cuts to extend into the summer travel period. Even with those cuts, Delta said its expecting load factors to drop into the 20-30% range -- assuming things don't get worse.United Airlines said it estimates March 2020 revenues will be .5 billion below March 2019 figures after having one million fewer passengers the first two weeks of March this year compared to last. United is also dropping 40% of its domestic flights and 75% of its international routes. American Airlines is also dropping 75% of its international flights. American Airlines plans on dropping 20% of its domestic April flights, and 30% in May. Adding insult to injury, the 1332

A vault fire in Irvine, California, sparked a power outage that shut down John Wayne Airport, police said.In a series of tweets Friday, the airport -- in Orange County -- alerted travelers about the ground stop, which will remain in effect until 258

All states holding presidential primaries next Tuesday say voting will take place as scheduled, despite the novel coronavirus pandemic.In a 152

Amazon, facing increased competition from traditional retailers, has expanded free next-day delivery for more than ten million products for Prime members.Starting Monday, the offer is available "coast to coast" in the United States with no minimum purchase, the company announced."The most popular one-day items range from books, beauty and baby wipes to devices, dish detergent and doggie bags," the company said in a press release. Amazon said it "will keep adding more selection and expanding our delivery areas to ensure Prime members get their products faster than ever."Amazon has for years set the bar for online shopping convenience by offering free two-day shipping, and other retail giants have raced to catch up.The company in April announced it would spend 0 million to cut that delivery window in half.Amazon has built up a massive shipping network in the United States that includes more than 100 fulfillment centers, 100 delivery stations, and a fleet of Amazon Air cargo planes.Prime customers, who pay 9 a year for a membership, can already get free same-day shipping in some areas. And Amazon's Prime Now platform, available in most major cities, offers delivery within hours for certain products.Not everyone is pleased with Amazon's plans for speedier shipping.The increased workload that comes with fulfilling orders in one day could be dangerous for Amazon's warehouse employees, according to Stuart Appelbaum, president of the Retail, Wholesale and Department Store Union. An Amazon executive accused him of spreading "falsehoods."Stock prices of traditional retailers, including Walmart and Target, took a hit when Amazon promised to step up its shipping game. Wall Street fears Amazon's competitors will further squeeze their already tight bottom lines trying to speed up their own deliveries.Walmart took the plunge anyway: Last month the company said it will roll out next-day delivery in 75% of the United States this year, a move that could cost as much as 5 million, according to one analyst estimate. Walmart said it can handle the load with its own network of fulfillment centers and 4,700 US stores. 2153

A senior Puerto Rico official says the island's government has lost more than .6 million after falling for an email phishing scam. The finance director of the island's Industrial Development Company filed a complaint with police Wednesday saying the agency sent the money to a fraudulent account. According to a police statement, agency director Rubén Rivera says the government agency transferred the money on Jan. 17 after receiving an email that alleged a change to a banking account tied to remittance payments. It’s unclear whether officials have been able to recover any of the money and what impact the financial loss has on the government agency. 668