Thursday’s business headlines
INDIANAPOLIS (WISH) – Here’s a look at Thursday’s business headlines.
Jobs
More Hoosiers are returning to work.
The Indiana Department of Workforce Development says Indiana’s private employment increased month-over-month by 17,100 jobs and has recovered 96,000 jobs over the year, to bring the state’s total private employment to 2.65 million jobs.
Manufacturing saw the biggest increase in jobs in the state.
American Airlines
American Airlines said July revenue came in ahead of forecasts but is weaker than forecast in August.
It blames the rise of the Delta variant.
Frontier, Southwest and Spirit previously warned new COVID cases are driving down bookings.
Delta Airlines
Delta Airlines will impose a monthly $200 charge on unvaccinated employees and add testing requirements.
Delta’s approach, its says, will instead focus on the financial burden of COVID-19 and aims to transfer it to those resisting vaccination.
Ford
Face masks are required again in major U.S. auto factories and according to Ford CEO Jim Farley, that has some workers deciding not to show up for work.
He told CNN that in some factories, absentee rates can exceed 20%.
GM, Ford and Stellantis, the company that makes the Dodge, Jeep and Chrysler vehicles, agreed with the United Auto Workers Union in early August to begin requiring masks in their factories again.