Business

A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, U.S., April 5, 2020. Joshua Roberts | Reuters The Treasury Department on Tuesday said airlines could receive larger federal loans than previously expected after some carriers opted

Nikola Motor Company Badger pickup truck Source: Nikola Motor Company General Motors and Nikola are not expected to finalize a $2 billion deal scheduled to close before Wednesday after allegations of fraud and sexual abuse surfaced against the embattled start-up’s founder and former executive chairman, Trevor Milton, according to two people familiar with the negotiations. Executives at both companies

Time Square, New York, April 8, 2016, Times Square is a major landmark of New York, brightly adorned with billboards and advertisements. William Rodrigues dos Santos Harrison Chapman gave his girlfriend tickets to see “West Side Story” last December, thinking he had delivered the perfect Christmas present. However, two weeks before they were set to

This photo taken on February 20, 2020 shows doctors looking at a lung CT image at a hospital in Yunmeng county, Xiaogan city, in China’s central Hubei province. STR | AFP | Getty Images It started as a seemingly perplexing case of pneumonia.  From a wet market in Wuhan, China, Covid-19 has spread to nearly

A municipal worker sanitizes a Roman Catholic Church graveyard after the burial of Covid-19 coronavirus infected people in Ranchi on September 6, 2020. AFP | Getty Images The coronavirus has killed at least 1 million people across the globe, a nightmarish milestone in the world’s fight against the virus that emerged from Wuhan, China, late

Students loaded onto a school bus outside Carlton High School at the end of the first day of class on Tuesday. Carlton High School held their day of school in-person on Tuesday September 8, 2020. Alex Kormann | Star Tribune | Getty Images The coronavirus infection rate among adolescents between the ages of 12 and

Shoppers stand in line to enter a Foot Locker Inc. store at the Queens Center shopping mall in the Queens borough of New York, U.S., on Wednesday, Sept. 9, 2020. Peter Foley | Bloomberg | Getty Images Dividends and buyback programs are slowly returning, but for some companies, the reinstatement of capital return plans follows

LONDON — When Allbirds founders Tim Brown and Joey Zwillinger launched the footwear brand in 2016, they wanted to make a simple-looking shoe that was logo-free. They started with a sneaker that had a wool upper, and ads claimed they were the “world’s most comfortable” shoes. Their sneakers soon became the go-to footwear of Silicon

SINGAPORE — Airlines will need to meet a “harmonized” standard of health measures as air travel returns following the global pandemic, according to the CEO of Etihad Airways. “I can see that wellness certification will become a necessary function of how the whole of the world comes back to flying,” Tony Douglas told CNBC’s Hadley Gamble

Cruise stocks are climbing. Shares of Carnival, Royal Caribbean Group and Norwegian Cruise Line Holdings surged Friday after Barclays analysts upgraded all three stocks to overweight from equal weight, saying the group was “nearing an inflection point.” The firm cited the Centers for Disease Control and Prevention’s upcoming announcement regarding the end of its no-sail

Gabriela Esparza and Zach Wu, wastewater control inspectors with EBMUD, cap 24 separate bottles while retrieving collection equipment and the samples in Oakland, Calif. on Tuesday, July 14, 2020. Paul Chinn | San Francisco Chronicle | Getty Images The Department of Health and Human Services is seeking bids from contractors that can carry out a

Executive Director of the World Health Organization’s (WHO) emergencies program Mike Ryan speaks at a news conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Denis Balibouse | Reuters As the global death toll from the coronavirus approaches 1 million people, it’s “not impossible” to consider that number doubling if countries don’t uniformly work to

The coronavirus remote work experiment will become a permanent trend, but at some point, employees will return to the office in numbers that match the past. When? It could take five years, according to a new forecast from Cushman & Wakefield. Global office vacancies will not return to their pre-Covid peak levels until 2025 and,

Jacqueline Dunlap places whole blood samples into a centrifuge to separate plasma for antibody testing at the Bloodworks Northwest Laboratory during the coronavirus disease (COVID-19) outbreak in Renton, Washington, September 9, 2020. Lindsey Wasson | Reuters Fewer than 1 in 10 Americans showed signs of a prior coronavirus infection as of late July, suggesting that

Antarctica Flights operates 12-hour sightseeing tours over the continent that take off and land on the same day. Courtesy of Antarctica Flights The coronavirus has ravaged the world now for nine months, with people across the globe enduring lockdowns of varying intensities, workplace and school shutdowns and restrictions on group gatherings.  Yet there’s still one continent

TikTok logo displayed on a phone screen is seen with Walmart logo in the background in this illustration photo taken on September 21, 2020. Jakub Porzycki | NurPhoto | Getty Images Brick-and-mortar giant Walmart may seem like an odd match for TikTok, an algorithm-driven social platform known for hosting memes and viral dance challenges. But a

As trust in federal health agencies has withered over the last few months, a group of Black physicians has been working on an antidote: creating their own expert task force to independently vet regulators’ decisions about Covid-19 drugs and vaccines as well as government recommendations for curbing the pandemic. Organized by the National Medical Association — founded

Emmy Trophies Greg Doherty/Getty Images The 72nd Emmy Awards Sunday night promise to be an awards show like no other. The event, hosted by Jimmy Kimmel, won’t have an audience or a red carpet. Instead, nominees have been sent their own camera kit to broadcast live from their living rooms as Hollywood doles out trophies

Bill Gates CNBC Microsoft co-founder and global health philanthropist Bill Gates criticized the current state of the United States’ response to the Covid-19 pandemic on Sunday, including slow turnaround times for tests. Gates told “Fox News Sunday” that the access to fast testing is still inadequate more than six months into the pandemic and that

Harrison Barnes #40 of the Sacramento Kings drives to the basket during the game against the New Orleans Pelicans on August 6, 2020 at The HP Field House at ESPN Wide World Of Sports Complex in Orlando, Florida. Joe Murphy | National Basketball Association | Getty Images With his season over and some time to