Business

Medical staff carry a box as they walk at the Jinyintan hospital, where the patients with pneumonia caused by the new strain of coronavirus are being treated, in Wuhan, Hubei province, China January 10, 2020. Reuters World health officials hesitated Wednesday to designate an outbreak of a flu-like coronavirus that’s killed at least 17 people

Dave Calhoun, Chairman of Boeing. Adam Jeffery | CNBC Boeing‘s new CEO Dave Calhoun said he wants the company to resume production of the 737 Max months before regulators sign off on the planes and airlines prepare to return them to service. Boeing suspended production of the planes this month because a worldwide grounding of

President Donald Trump told CNBC on Wednesday that he trusts the information coming out of China on the coronavirus as the Centers for Disease Control and Prevention confirms the first case of it in the United States. “We have it totally under control,” Trump told “Squawk Box” co-host Joe Kernen in an interview from the

Public health officials have confirmed the first U.S. case of a mysterious coronavirus that has already killed at least 6 people and sickened hundreds of others in China, according to two reports. A White House spokesman declined to comment, referring calls to the Centers for Disease Control and Prevention. The CDC did not immediately respond

Michael Avenatti Lucy Nicholson | Reuters A federal judge ordered prosecutors to explain by Tuesday afternoon why controversial lawyer Michael Avenatti is under tough jail restrictions typically imposed on accused terrorists and drug lords. Avenatti is awaiting trial on an extortion charge in a jail cell that reportedly once housed Joaquin “El Chapo” Guzman. Judge

Medical staff members carry a patient into the Jinyintan hospital, where patients infected by a mysterious SARS-like virus are being treated, in Wuhan in China’s central Hubei province on January 18, 2020. STR The outbreak of a new coronavirus stemming from Wuhan, China has killed four people with confirmed cases totaling more than 200 ahead

Superman Man of Steel Source: Warner Brothers Superman is getting a new show on Warner Bros.’ CW network, but so far, the big screen has proven to be his kryptonite. The box office flop of “Justice League,” along with negative reviews for a majority of films that included America’s favorite hero in blue in the

The tails of Boeing 737 MAX aircraft are seen parked at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. Lindsey Wasson | Reuters Boeing is talking to banks about borrowing $10 billion or more, according to people familiar with the matter, as the company faces rising costs stemming

Solar panels pictured at a tropical hotel resort. Marc Romanelli Businesses need to be singing from the same hymn sheet if they want to make meaningful progress in combatting the climate crisis, said the environmental director of one of Asia’s leading hotel groups, Hong Kong and Shanghai Hotels. Janice Lao, director of group corporate responsibility

The 2019 GMC Sierra AT4 Mack Hogan | CNBC DETROIT – General Motors is once again taking shots at its competitors’ pickup trucks in a new ad campaign for its GMC Sierra, highlighting the strength and toughness of its all-new carbon fiber pickup box. The Detroit automaker will air a new ad during the NFC

The 2020 Genesis G70 Mack Hogan | CNBC For decades, car companies from around the globe have been trying to replicate the BMW 3 Series. Mercedes, Jaguar, Audi, Lexus, Cadillac and other have all tried to match the iconic BMW’s well-rounded blend of comfort, excitement, interior quality and value. And for the longest time, no

Oscar Statue at the Academy of Motion Picture Arts and Sciences on February 23, 2019 in Beverly Hills, California. Rodin Eckenroth Four years after it introduced major changes to its voting and recruitment rules, the organization behind the Academy Awards still has a diversity problem. The Academy of Motion Picture Arts and Sciences in 2016

The National Oncology Particle Therapy Centre in Milan, Italy, where state-of-the-art particle therapy is a technique used to treat cancer, using hadrons, protons, proton therapy and carbon ion treatment to irradiate tumors. BSIP | Universal Images Group | Getty Images America’s war on cancer is about to get another tool in its arsenal. The country’s

If you can’t beat ’em, join ’em. Fast-casual restaurant chains like Chipotle Mexican Grill and Sweetgreen have been stealing customers from full-service restaurant chains like Outback Steakhouse and IHOP. To fight back, some casual dining chains have been launching spinoff restaurants that copy that business model. Fast-casual restaurants are smaller in size, with less seating

A year ago, Boeing posted record revenues topping $100 billion with hopes of delivering a chart-topping number of airplanes in 2019, including hundreds of 737 Max jetliners. The news isn’t going to be so rosy on its fourth-quarter earnings call this year. Those bestselling planes were grounded worldwide in March after the second of two

View of the 20th Century Fox logo during the CinemaCon Walt Disney Studios Motion Pictures Special presentation at the Colosseum Caesars Palace on April 3, 2019, in Las Vegas, Nevada. VALERIE MACON Nearly a year after acquiring 21st Century Fox’s film and television assets, Disney is dropping the Fox name from its studios’ names. The

Cashiers ring up shoppers at a Walmart store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart is shuffling its executive team after the 2019 holiday season.  The company’s chief merchant Steve Bratspies is set to depart, according to an internal memo sent to employees Friday by Walmart U.S. CEO John Furner,

Airbus looks to have taken pilotless commercial jet flight one step closer after revealing that one of its test aircraft has taken off automatically. The European planemaker said that in tests conducted at Toulouse-Blagnac airport on December 18, an A350-1000 with two pilots sitting ready to take over, conducted eight takeoffs on auto-pilot. Accompanying the

Microsoft is on a mission to become carbon negative in the next decade and CNBC’s Jim Cramer thinks the ambitious plan has some teeth to it. “I think they can do it because, remember, they are a powerful force — maybe the most powerful, especially when it comes to data centers, of almost any company

At American Apparel’s peak, the fashion retailer was synonymous with made-in-LA hipster cool and provocative advertising. It was known for manufacturing its products in Los Angeles and paying workers a proper wage in an industry known for poor working conditions. It was also known for its founder, Dov Charney. Retail experts say in some ways,