Apr 20, 2020 - Economy & Business

United Airlines sees $2.1 billion coronavirus-driven quarterly loss

Photo: Pedro Pardo/AFP via Getty Images

United Airlines said Monday that it expects to report a pretax loss of about $2.1 billion in the first quarter, as it grapples to conserve cash and borrow money amid a sharp drop in travel demand from the coronavirus pandemic.

Why it matters: The Chicago-based airline says federal grants and loans, along with creative financing for planes on order, will help keep the company afloat through September — but with travel demand uncertain for the remainder of the year, it has warned employees to brace for layoffs.

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The policies that could help fix policing

 Illustration: Sarah Grillo/Axios

George Floyd's death has reignited the long and frustrating push to reform a law enforcement system whose systemic flaws have been visible for years.

Why it matters: Solving these problems will require deep political, structural and cultural changes, experts and advocates say — but they also point to a handful of specific policy changes that, while not a cure, would make a difference.

29 mins ago - Health

Coronavirus diagnostic test pricing is relatively tame

A medical professional administers a coronavirus test at a drive-thru testing site run by George Washington University Hospital in Washington, D.C. Photo: Drew Angerer/Getty Images

Anecdotes of labs charging thousands of dollars for coronavirus diagnostic tests are the exception rather than the rule, according to data provided to Axios by a national health insurer.

Yes, but: Some labs that don’t contract with the insurer charged rates that are multiple times higher than what Medicare pays for the diagnostic tests, and in some scenarios, patients may be at risk of receiving surprise bills.

Trump says he will campaign against Lisa Murkowski after her support for Mattis

Trump with Barr and Meadows outside St. John's Episcopal church in Washington, D.C. on June 1. Photo: Brendan Smialowski/AFP via Getty Images

President Trump tweeted on Thursday that he would endorse "any candidate" with a pulse who runs against Sen. Lisa Murkowski (R-Alaska).

Driving the news: Murkowski said on Thursday that she supported former defense secretary James Mattis' condemnation of Trump over his response to protests in the wake of George Floyd's killing. She described Mattis' statement as "true, honest, necessary and overdue," Politico's Andrew Desiderio reports.