An ampule of Ebola drug remdesivir is pictured during a news conference at the University Hospital Eppendorf (UKE) in Hamburg, Germany, April 8, 2020, as the spread of coronavirus disease (COVID-19) continues. Ulrich Perrey | Reuters Gilead Sciences said Thursday that it can produce “several million” rounds of its antiviral drug remdesivir next year to
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A United Airlines plane prepares to take off at the Benito Juarez International airport in Mexico City, on March 20, 2020. Pedro Pardo | AFP | Getty Images United Airlines Thursday posted its biggest quarterly loss since 2008 and expects to burn an average of $40 million to $45 million a day in the second quarter as
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, April 5, 2020. Joshua Roberts | Reuters American Airlines lost more than $2.2 billion in the first three months of the year — its biggest quarterly loss since
In this Friday, April 24, 2020 photo provide by the Alfred Wegener Insitute shows the German Arctic research vessel Polarstern in the ice next to a research camp in the Arctic region. Manuel Ernst | Alfred-Wegner-Institut | AP From delaying Arctic expeditions to canceling climate summits, the coronavirus pandemic is hindering global climate change progress and
President Donald Trump said he wants the Food and Drug Administration to move “as quickly as they can” to approve Gilead Sciences’ antiviral drug remdesivir as a treatment for the coronavirus. “We would like to see very quick approvals, especially with things that work,” he said at a roundtable at the White House with business executives
Fed Ex change of hours and Social Distancing signage due to the COVID-19 coronavirus pandemic on March 22, 2020 in New York City. Bill Tompkins | Getty Images FedEx, citing the devastating impact of Covid-19, requested that its rent be cut in half at some FedEx Office locations for three months, a move sharply criticized
In this photo illustration the American biotechnology company Gilead Sciences logo seen displayed on a smartphone with a computer model of the COVID-19 coronavirus on the background. Budrul Chukrut | SOPA Images | Getty Images The Food and Drug Administration has been in “sustained and ongoing” discussions with Gilead Sciences to make antiviral drug remdesivir
A Prime Air cargo plane, operated by Amazon.com Inc., sits on display with other passenger jets during the 53rd International Paris Air Show at Le Bourget, in Paris, France. Jason Alden | Bloomberg | Getty Images As millions of would-be travelers stay home because of the coronavirus pandemic, one airline has found an eager customer: Amazon.
A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, March 26, 2019. Mike Blake | Reuters Southwest Airlines on Tuesday posted its first quarterly loss since 2011 and predicted “no material improvement in air travel trends” this spring as coronavirus devastates demand. The Dallas-based airline
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, April 5, 2020. Joshua Roberts | Reuters Airlines stepped up policies Monday to ensure passengers and employees wear face masks on board amid concerns about the spread
A security personnel wearing protective gear (R) checks the passports of British nationals before check-in for a special flight to London during a government-imposed nationwide lockdown as a preventive measure against the COVID-19 coronavirus, at the Sri Guru Ram Dass Jee International Airport in Amritsar on April 25, 2020. Narinder Nanu | AFP | Getty
Medical staff in protective suits treat a patient with pneumonia caused by the new coronavirus at the Zhongnan Hospital of Wuhan University, in Wuhan, Hubei province, China, January 27, 2020. China Daily | Reuters The Centers for Disease Control and Prevention has added six new symptoms of Covid-19 to its website as scientists gather more data
The Boeing logo is pictured at its Renton Factory, where the Boeing 737 MAX airliners are built in Renton, Washington on April 20, 2020. JASON REDMOND | AFP via Getty Images A slew of upcoming Boeing announcements aim to calm investor nerves and set the stage for future growth — much like when Dave Calhoun was
TDECU Stadium Houston Slyworks Photography, courtesy of DLR Group With the coronavirus pandemic dictating the capacity of social gatherings, a return to the design of original Major League Baseball stadiums could be in the future, said an architect and engineering firm. Don Barnum, of firm DLR Group, said teams would need to make “required and
The COVID-19 pandemic has forced millions of Americans to work from home. But when it’s all over, many people are thinking that trip from the kitchen to the living room may not be such a bad commute. States of Play, a joint CNBC/Change Research survey of swing states, finds 42% of respondents nationwide saying they
As bars and restaurants remain shuttered in response to the coronavirus pandemic, Boston Beer is turning millions of dollars of expired beer into ethanol to recoup some of its lost sales. Beer sales rose 11.6% in the week ended April 11, according to Nielsen data, as consumers drink more at home. But the spike doesn’t benefit craft
Peloton CEO John Foley celebrates at the Nasdaq MarketSite before the opening bell and his company’s IPO, Thursday, Sept. 26, 2019 in New York. Mark Lennihan | AP Shares of Peloton finished the day up more than 6% Friday after the company said it held its largest class ever earlier this week, with more than
Boeing is once again pushing back the time frame for when it expects to have the 737 Max recertified for flight as the coronavirus pandemic hinders progress. Sources familiar with the latest expectations for fixing the Max tell CNBC that the plane is unlikely to be given the green light until late summer. That is
California governor Gavin Newsom Rich Pedroncelli | Pool | AP California Gov. Gavin Newsom announced the launch of a new program Friday called “Restaurants Deliver: Home Meals for Seniors,” which will use local eateries to prepare and deliver free food for older adults in need. Created through a partnership with the Federal Emergency Management Agency,
Medical staff shows on February 26, 2020 packets of a Nivaquine, tablets containing chloroquine and Plaqueril, tablets containing hydroxychloroquine, drugs that has shown signs of effectiveness against coronavirus. Gerard Julien | AFP | Getty Images Citing a “primary outcome” of death, researchers cut short a study testing anti-malaria drug chloroquine as a potential treatment for Covid-19