Business

A person wears a protective face mask outside McDonald’s in Union Square during the coronavirus pandemic on April 30, 2020 in New York City. Noam Galai | Getty Images McDonald’s pause on reopening U.S. dining rooms will continue for another 30 days as coronavirus cases continue to surge in some parts of the country. The company

United Auto Workers members leave the Fiat Chrysler Automobiles Warren Truck Plant after the first work shift, Monday, May 18, 2020, in Warren, Mich. Paul Sancya | AP Ford Motor and Fiat Chrysler are hiring temp workers and General Motors is restructuring shifts at an assembly plant in Missouri as the auto industry battles to keep factories running

Walmart Health Source: Walmart Walmart will open at least six additional Walmart Health clinics in the greater Atlanta area by the end of 2020, the retail giant confirmed to CNBC. The news comes on the heels of its announcement this week that it will enter the Florida market next year, starting with the Jacksonville area. And

Southwest airline planes sit on the tarmac at Fort Lauderdale–Hollywood International Airport on February 20, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Southwest Airlines said Thursday it lost $915 million in the second quarter compared with $741 million in net income a year earlier and warned travel demand will likely remain depressed until

An empty parking lot is shown at a closed JC Penney store in Roseville, Mich., May 8, 2020. Paul Sancya | AP Ross Allen-McCabe worked for six years at J.C. Penney. Now, he’s out of a job after the department store filed for bankruptcy and has so far let go hundreds at its headquarters in Plano,

The sun sets below the Manhattan Bridge on July 20, 2020 in New York City . Gary Hershorn | Corbis News | Getty Images New York Gov. Andrew Cuomo, New Jersey Gov. Phil Murphy and Connecticut Gov. Ned Lamont added ten more states to their travel restrictions list Tuesday, now requiring people from 31 states to

A United Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images United Airlines posted a $1.63 billion net loss for the second quarter, driven by a plunge in air travel demand because of the coronavirus pandemic, the carrier said Tuesday. Revenue fell more than 87% from a year earlier to $1.48 billion from a

Ramin Talaie | Getty Images Coca-Cola is expected to report its second-quarter earnings before the bell on Tuesday. Here’s what Wall Street is expecting, based on a survey of analysts by Refinitiv: Earnings per share: 40 cents expected Revenue: $7.18 billion expected The coronavirus pandemic has weighed on both supply and demand for Coke’s products. About half

The World Health Organization on Monday applauded newly published data by researchers at Oxford University and AstraZeneca on a potential coronavirus vaccine but cautioned that it’s still early and further evidence of its effectiveness is needed.  “It is good news,” Dr. Mike Ryan, executive director of the WHO’s emergencies program, said at a press conference at the organization’s

British pharmaceutical company Synairgen has claimed that its new respiratory coronavirus treatment has reduced the number of hospitalized Covid-19 patients needing intensive care in a clinical trial. The company said its nebulizer treatment produced a 79% lower risk of patients developing severe disease than those given a placebo in initial trials, and patients that received

Aventura Mall atrium. Jeffrey Greenberg | Universal Images Group via Getty Images Dozens of retailers, some of them the lifeblood of America’s shopping malls, have been pushed to the brink and filed for bankruptcy during the coronavirus pandemic.  Apparel brands like J.Crew, Brooks Brothers and New York & Co. parent company RTW Retailwinds. Department store chains Neiman

A pilot talks on a mobile device near a Delta Air Lines gate at the Salt Lake City International Airport. George Frey | Bloomberg | Getty Images Delta Air Lines is seeking to reduce the guaranteed minimum pay for pilots, a proposal an airline executive said Friday could avoid furloughs for a year as the threat

Zoe looks for a little handout from diners on Grant Street in a makeshift outdoor dining area bounded by steel barricades in San Francisco, Calif., on Tuesday, June 16, 2020. Carlos Avila Gonzalez | The San Francisco Chronicle via Getty Images San Francisco Mayor London Breed announced Friday that the city will pause its reopening

People play in the spray from the fire hydrant. At the 3rd and Spruce Recreation Center in Reading Wednesday afternoon June 24, 2020 for the first Wacky Water Wednesday. Ben Hasty | Reading Eagle | Getty Images An intensifying heat dome is bringing sweltering heat to the U.S. this summer, with nearly 90% of the

A wave of U.S. companies said this week that they’ll require customers to wear masks or face coverings in their stores. That includes some of the biggest names in retail: Walmart, Kroger, Target, Best Buy, CVS Health, Home Depot and Lowe’s. Now those companies and their employees will face another challenge: Getting customers to comply. Walmart, the

A man navigates his boat next to Cruise Ships docked at the port of Long Beach during the COVID-19 Coronavirus pandemic on April 11, 2020 in Long Beach, California. Apu Gomes | Getty Images The Centers for Disease Control and Prevention on Thursday extended its ban on cruising in U.S. waters through Sept. 30, citing

A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | Getty Images While streamers have benefited from the influx of consumers stuck at home, platforms like Netflix are not immune to the woes of film and

Johnson & Johnson products on a shelf in a store in New York. Lucas Jackson | Reuters Johnson & Johnson’s second-quarter profit slid 35% from the same time last year as the coronavirus pandemic forced hospitals to postpone elective surgeries, hitting the company’s medical device business hard. This is a developing story. Please check back for

Moderna‘s positive vaccine news gave a boost to the travel and restaurant stocks, but the federal government must step in again to shore up the economy, CNBC’s Jim Cramer said Wednesday. “We can finally see the light at the end of the tunnel, but, unfortunately, we’re separated from that light by a big chasm, and

A drive-in movie theater is set up in the parking lot of Brookfield’s Park Meadows mall in Lone Tree, Colorado, right outside of Denver. Source: Kilburn Parking lots, of all places, are turning into bigger sources of revenue for some mall owners during the coronavirus pandemic.  Brookfield Properties has signed a deal with entertainment company

Due to social distancing, shoppers wear protective masks as they wait in line outside Gucci as South Coast Plaza reopens, requiring customers maintain a social distance and wear face masks at South Coast Plaza Thursday, June 11, 2020 in Costa Mesa, CA. Allen J. Schaben | Los Angeles Times via Getty Images The United States

The 2021 Bronco four-door Badlands series with available Sasquatch off-road package in cactus Gray. Ford Ford Motor is taking a run at the nation’s No. 1 off-road seller, the Jeep Wrangler, with its highly anticipated relaunch Monday night of the Bronco SUV — a boxy utility vehicle that developed a cult following after it was discontinued in

Gavin Newsom, governor of California. Rich Pedroncelli | AP | Bloomberg via Getty Images California Gov. Gavin Newsom ordered Monday all counties in the state to close indoor operations for a handful of businesses, including restaurants, bars, movie theaters and museums, as Covid-19 cases continue to climb.  The order comes after Newsom previously ordered these

RJ Scaringe, founder and chief executive officer of Rivian Automotive Inc., unveils the R1T electric pickup truck, left, and R1S electric sports utility vehicle (SUV) during a reveal event at AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California. Bloomberg | Bloomberg | Getty Images As shares of electric truck maker Nikola

Still from “The Batman,” an upcoming superhero film from Warner Bros. Warner Bros. Matt Reeves’ take on the Dark Knight won’t arrive in theaters until 2021, but that’s not stopping HBO Max from committing to giving the film its own expanded universe. On Friday, the streaming service owned by AT&T announced that it had given

President Donald Trump criticized his top infectious disease advisor this week while Dr. Anthony Fauci separately admitted he hasn’t briefed the president on the coronavirus pandemic in at least two months — widening an apparent growing rift between the two.  “Dr. Fauci’s a nice man, but he’s made a lot of mistakes,” Trump said in an

Dani Reiss, president and CEO of Canada Goose Rick Madonik | Getty Images Canada Goose‘s CEO said Friday the retailer’s recently opened experiential store in Canada is “almost built for this environment,” as consumers brave enough to venture outside are looking for things to do during the coronavirus pandemic.  “Naturally, it is socially distanced,” Chief

Even when the Great Recession dampened consumer confidence and drove up unemployment things weren’t as bad for retailers as they have been during the current Covid-19 crisis, according to a new analysis from Retail Metrics. Days after the World Health Organization declared a pandemic in March, retailers across the U.S. were forced to shut their

Medical staff wearing full PPE push a stretcher with a deceased patient to a car outside of the Covid-19 intensive care unit at the United Memorial Medical Center on June 30, 2020 in Houston, Texas. Go Nakamura | Getty Images Reported coronavirus-related deaths appear to be on the rise in Florida, Texas, California, Arizona and some

The World Health Organization published new guidance Thursday, saying it can’t rule out the possibility that the coronavirus can be transmitted through air particles in closed spaces indoors, including in gyms and restaurants. The WHO previously acknowledged that the virus may become airborne in certain environments, such as during “medical procedures that generate aerosols.” The