Several of Richard Branson's biggest forays are focused on travel and tourism. He now finds himself at the epicenter of the meltdown in those industries.
His Virgin Group is at epicenter of the meltdown in those industries; Virgin Australia files for bankruptcy
President Trump says he will temporarily suspend immigration to protect American jobs, states are quickly burning through cash for unemployment payments, and global markets drop after U.S. oil plunged below zero for the first time. WSJ’s Jason Bellini has the latest on the pandemic. Photo: John Minchillo/Associated Press
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Virgin Australia enters voluntary administration with aim to recapitaliseVirgin Australia Holdings Ltd said on Tuesday it entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load.
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