What's happening: American Airlines and United Airlines reported first-quarter net losses of $2.2 billion and $1.7 billion on Thursday, as the industry reels from dwindling air travel caused by the coronavirus pandemic.
Farmers markets in the U.S. are adding drive-thru shopping and crowd-control fencing while cutting hours in order to reopen during the coronavirus pandemic, AP reports.
Zoom in: The farmers marketin Overland Park, Kansas, has been moved to the city's convention center, where about 700 customers last Saturday drove past vendors who brought produce to their vehicles, per AP.
Pork producers are asking the federal government to compensate them for livestock they've had to euthanize because meat processing plants are closed, CNN reports, citing the National Pork Producers Council.
Warren Buffett's Berkshire Hathaway has $137 billion in cash, up $10 billion from the end of 2019, it reported Saturday. The company reported more than $50 billion in unrealized stock losses, but still had a quarterly operating profit of nearly $6 billion.
Why it matters: "That’s a contrast to the financial crisis in 2008, when his Omaha-based company dipped into its vast cash reserves to gain lucrative preferred shares and rescue businesses teetering on the edge of collapse," Bloomberg notes.
Axios launched our "What Matters 2020" series this year to focus on seven issues that will define the nation's future no matter who wins in November.
The big picture: The impact of the coronavirus pandemic will spread far beyond the most pressing issues we face now — lives lost and economic disruption — to drive debates on all of these longer term topics. Go deeper with the Axios subject matter experts to explore each one.
