The judge reduced Olson’s punitive-damage award to $105 million from $300 million and the actual damages handed down by jurors to $15 million from $25 million, according to court filings. The company denies its products cause the life-threatening illnesses or that its talc was tainted by asbestos. In June, a Missouri appeals court chopped to $2.1 billion a $4.7 billion award to 20 women who also blamed baby powder for their cancers, but declined to throw out the award altogether. AD“For the coming months, the industry’s needs are evaluated at $70 [billion to] $80 billion in additional aid,” De Juniac said. “Otherwise, some airlines will not survive.”ADWhile vaccine breakthroughs offer hope, a return to mass travel remains many months away, airlines say.

Source: Washington Post November 20, 2020 21:32 UTC