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Virgin Atlantic files for bankruptcy protection as airline woes mount – CBS News

Carrier is the second linked to Richard Branson to seek a court’s relief from its debts because of the coronavirus.

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Virgin Atlantic, the European carrier founded by British entrepreneur Richard Branson, on Tuesday filed for debt relief in the U.S. as the toll of the coronavirus on the airline industry continued to mount.
The company said it is not technically bankrupt and that it plans to continue to operate as it restructures, a process it hopes to complete by the end of September. Still, Virgin Atlantic said in a court filing that it will run out of cash and have to shut down by the end of the month if it …

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Kmart bestselling food storage containers reduced to $1 – NEWS.com.au

Kmart bestselling food storage containers reduced to $1

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In a move that has sent shoppers wild, Kmart has reduced a huge range of its food storage containers to as little as a $1.The discount retailer has slashed its (already) bargain prices on many of its Snap Lid Food Containers and Clip Lid Food Containers.
A wide selection of different container shapes and sizes are now on offer, with prices now ranging from $1 to $2.
RELATED: Kmart’s $49 garment steamer inundated with five-star reviews
Some of the retailer’s best sellers have been included in …

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3 ASX growth shares I’d buy today for growth and income – Motley Fool Australia

I would buy the 3 ASX shares in this article for growth and income including ingredients business Clover Corporation Limited (ASX:CLV).

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I believe there are some ASX shares that offer an attractive combination of growth and income.
Businesses that are steadily growing profit are likely to see the share price rise over time. If they decide to pay dividends (or distributions) then they can also provide a growing source of income to shareholders.
Here are three ASX shares that could offer an attractive combination of income and growth:
Magellan Global Trust (ASX: MGG)
This is a listed investment trust (LIT) which invests in glob…

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Victoria’s coronavirus cases drop dramatically as seven deaths reported – Yahoo News Australia

The state confirmed 21 new infections and seven deaths on Saturday –significantly lower than those seen on Friday.

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Victoria has recorded its lowest number of new coronavirus cases since June.
The state confirmed 21 new infections and seven deaths on Saturday significantly lower than those seen on Friday, which saw numbers jump to 45 and five deaths recorded.
The news come as Melbourne tackles a suburban cluster and braces for anti-lockdown protests.
Saturday’s figures take the state’s coronavirus death toll to 757 and the national count to 844.
Metropolitan Melbourne has a 14-day new case average of 39.3…

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