A container ship berthing at the port in Qingdao, in China’s eastern Shandong province. STR | AFP | Getty Images At first, U.S. retailers were most concerned about manufacturing facilities being disrupted by COVID-19 in China, where the virus originated. Now, in the midst of a global pandemic, this is a much bigger issue than
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An American Airlines Inc. McDonnell Douglas MD-82 plane sits parked at a gate while a United Continental Holdings plane taxis down the runway at LaGuardia Airport in the Queens borough of New York. Michael Nagle | Bloomberg | Getty Images U.S. airlines are seeking government assistance of more than $50 billion, including a mix of
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 169,387, according to Johns Hopkins University. Global deaths: At least 6,513, according to Johns Hopkins University. US cases: At least
A gate area at Fort Lauderdale-Hollywood International Airport is crowded with travelers awaiting Delta flight 1420 to Atlanta Saturday, March 14, 2020. John Scalzi | AP The Trump administration is weighing “all options” to curb the coronavirus outbreak in the U.S., including an outright halt to on domestic air travel, a senior official said Sunday.
Daniel Craig stars as James Bond in “No Time To Die.” MGM 2020 was already expected to be a “light” year in the U.S. movie industry. The coronavirus pandemic will make it exponentially worse. “Near-term, it’s the single-greatest cinematic disaster financially,” Eric Schiffer, CEO of private equity firm Patriarch Organization and chairman of Reputation Management Consultants,
A ticket agent helps travelers arriving on a flight from Frankfurt, Germany before travel restrictions are enacted hours later on flights from Europe entering the U.S. because of concerns of the novel coronavirus (COVID-19) at the Denver International Airport outside Denver, Colorado, U.S. March 13, 2020. Jim Urquhart | Reuters Thousands of Americans returning home
A customer pays for her groceries after shopping at a Walmart store ahead of the Thanksgiving holiday in Chicago. Kamil Krzaczynski | Reuters Walmart is reducing hours at all of its U.S. stores to allow more time to replenish shelves and clean and sanitize stores, the retailer announced Saturday in a letter on its website. The national retailer
As U.S. grocery stores respond try to keep shelves stocked during the coronavirus outbreak, some major chains have begun to limit purchases of food items and ramp up hiring. Texas grocery chain H-E-B is limiting purchases of at least a dozen popular food items, including eggs, milk, bread and boxed pasta. Limits vary by item. Eggs, pasta
Brian Cornell, the Chairman and CEO of Target Corporation, reaches out and shakes hands with U.S. President Donald Trump after the president declared the coronavirus pandemic a national emergency during a news conference in the Rose Garden of the White House in Washington, U.S., March 13, 2020. Jonathan Ernst | Reuters President Donald Trump and
The Norwegian Cruise Line Norwegian Bliss cruise ship passes through John Hopkins Inlet in Glacier Bay, Alaska, July 11, 2019. Tim Rue | Bloomberg | Getty Images The coronavirus pandemic has brought the bulk of the cruise industry to a standstill as Royal Caribbean and Norwegian Cruises announced Friday the suspension of operations. Norwegian Cruises
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 135,000, according to data compiled by Johns Hopkins University. Global deaths: At least 4,977, according to data compiled by Johns
Testing capacity for the coronavirus in the U.S. will dramatically increase in the coming days, former Food and Drug Administration Commissioner Scott Gottlieb told CNBC on Friday. “By probably next week, we’ll be at capacity of tens of thousands of tests a day,” Gottlieb said on “Squawk Box.” “Certainly by the end of next week, I think
Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Gap Inc. on Thursday reported fourth-quarter earnings and sales that topped analysts’ estimates, as it announced a slew of new leadership changes. Its shares initially jumped more than 5% in after-hours trading on the news. The stock was recently up about
New York Mayor Bill de Blasio speaks to the media during a press conference at City Hall on January 3, 2020 in New York City. Eduardo Munoz Alvarez / Getty Images New York Mayor Bill de Blasio declared a state of emergency in the city on Thursday, saying large venues like Barclays Center and Madison
President Donald Trump should have asked Jeff Bezos and Bill Gates to assist the U.S. government with its response to the coronavirus, New York Times’ Thomas Friedman told CNBC on Thursday. Friedman, a foreign affairs columnist and Pulitzer Prize winner, said the U.S. has a logistics problem and a “cure problem” for the disease and the founders of Amazon
(L-R) Rita Wilson and Tom Hanks attend the 77th Annual Golden Globe Awards at The Beverly Hilton Hotel on January 05, 2020 in Beverly Hills, California. Steve Granitz | WireImage | Getty Images Academy Award-winning actor Tom Hanks and his wife Rita Wilson have tested positive for the coronavirus, Hanks revealed Wednesday. Hanks and Wilson
Employees work on Boeing 737 MAX airplanes at the Boeing Renton Factory in Renton, Washington on March 27, 2019. Jason Redmond | AFP | Getty Images Boeing on Wednesday told employees that it was immediately suspending hiring and implementing other measures to preserve cash as the rapid spread of coronavirus roils the air travel industry.
A man looks for products at a supermarket after panic buying due to the Coronavirus. Chris Putnam | Barcroft Media | Getty Images Panic buying has been rife amid the global spread of the new coronavirus, with consumers around the world stockpiling goods like hand sanitizer, canned foods and toilet paper. The trend has seen
A person wears a face mask as a precaution against coronavirus in New York, on March 2, 2020. Tayfun Coskun | Anadolu Agency | Getty Images An Uber driver. A Starbucks barista. A Walmart store employee. Retailers, fast-food chains and customer service-related companies face a new challenge as the coronavirus outbreak spreads in the U.S.:
Walmart said Tuesday it is deploying an emergency employee leave program as the retailer confirms one of its store associates in Cynthiana, Kentucky, has tested positive for the coronavirus. The infected employee is a woman and Walmart said she is improving with medical care. The new policy comes as the coronavirus spreads throughout many U.S. states