State Department lifts international ‘do not travel’ advisory, but hurdles remain

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Transportation Security Administration agents help travelers place their bags through the 3-D scanner at the Miami International Airport on May 21, 2019 in Miami, Florida.

Joe Raedle | Getty Images

The State Department late Thursday lifted its advisory against international travel for U.S. citizens after nearly five months, saying it instead would evaluate each country. 

“With health and safety conditions improving in some countries and potentially deteriorating in others, the Department is returning to our previous system of country-specific levels of travel advice (with Levels from 1-4 depending on country-specific conditions), in order to give travelers detailed and actionable information

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Shoppers shift from stockpiling to penny pinching at the grocery store

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U.S. shoppers are making more trips to the dollar store. They’re stocking up with items from stores’ private label brands more than usual and cutting back on snacks and sodas at convenience stores.

Those emerging data points, captured by market research firm IRI in recent weeks, may preview the next wave of grocery shopping during the coronavirus pandemic. They all have something in common: They are the buying patterns that herald an economic downturn.

“As this drags on, you are going to see a lot more recessionary behavior coming up,” said Krishnakumar Davey, president of strategic analytics for IRI. “We

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U.S. Steel, Tesla, Unity Software, Beyond Meat & more

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CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010

Brendan McDermid | Reuters

Check out the companies making headlines in midday trading

U.S. Steel — U.S. Steel shares popped more than 9% after the company reported a smaller-than-expected loss for its fiscal third quarter. U.S. Steel posted a loss of $1.45 per share. Analysts polled by FactSet expected a loss of $1.52 per share. CEO David Burritt said “improving market conditions experienced in June and July have accelerated through August and September.”

Unity Software —

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Lufthansa and German government agree $9.8 billion rescue package

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FRANKFURT/BERLIN (Reuters) – The German government and Lufthansa (LHAG.DE), which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout.

FILE PHOTO: Aircraft of the German carrier Lufthansa are parked on the tarmac, as the spread of the coronavirus disease (COVID-19) continues, at the airport in Frankfurt, Germany March 24, 2020. REUTERS/Ralph Orlowski/File Photo

The airline has been in talks with Berlin for weeks over aid to help it to cope with what is expected to be a protracted travel slump, but the carrier has been wrangling

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