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Profits of airline, travel and oil companies will be hardest hit by COVID-19

March 30, 2020


Sheltering in place, shutting down large parts of the economy and skyrocketing job losses due to coronavirus are bad for America’s health, the economy and for corporate profits.

So be prepared for unsettling news when companies start reporting how much money they made — or lost — in the first three months of 2020. And brace for even worse earnings news when the second quarter ends after June.

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