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American Airlines to allow travelers to switch from crowded flights as coronavirus fears linger


Created: Wed, 27 May 2020 22:19:34 GMT

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American Airlines is starting to alert travelers about crowded planes and allow them to switch to other flights in an effort to calm nervous travelers.

Read more: American Airlines to allow travelers to switch from crowded flights as coronavirus fears linger


Millionaires bet that stocks will take at least another year to recover


Created: Wed, 27 May 2020 20:36:19 GMT

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A majority of millionaires surveyed by CNBC and Spectrem said the S&P 500 will end the year down, according to the survey,

Read more: Millionaires bet that stocks will take at least another year to recover


Coronavirus live updates: California says guidelines for reopening gyms coming soon, Bezos defends safety record


Created: Thu, 28 May 2020 06:34:38 GMT

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The coronavirus has infected more than 5,609,079 people around the world as of Wednesday, killing at least 350,876 people.

Read more: Coronavirus live updates: California says guidelines for reopening gyms coming soon, Bezos defends safety record


Coronavirus pandemic leaves Richard Branson fighting for his Virgin empire


Created: Wed, 27 May 2020 15:47:53 GMT

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Sir Richard Branson has built a global empire and a widely recognized brand through charisma, brains, and sheet guts. But Virgin Group has invested in cruise lines, hotels, and airlines such as Virgin Atlantic, which are all threatened by the coronavirus pandemic.

Read more: Coronavirus pandemic leaves Richard Branson fighting for his Virgin empire


Cuomo tells Republicans to 'stop abusing' states like New York and New Jersey hit hardest by coronavirus


Created: Wed, 27 May 2020 19:18:38 GMT

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New York Gov. Andrew Cuomo told Republican lawmakers on Wednesday to "stop abusing" states like New York, New Jersey and California that are in need of federal aid because of Covid-19.

Read more: Cuomo tells Republicans to 'stop abusing' states like New York and New Jersey hit hardest by coronavirus


Tuesday Morning is about to close 130 stores. Here's a map of where they are


Created: Wed, 27 May 2020 19:43:58 GMT

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The Dallas-headquartered company is seeking court approval to shut at least 132 stores, which it says are either underperforming or are located in areas where another store is closeby.

Read more: Tuesday Morning is about to close 130 stores. Here's a map of where they are


WHO says 'jury is still very much out' on whether coronavirus antibodies provide immunity


Created: Wed, 27 May 2020 17:20:34 GMT

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It remains unclear whether people who have been infected with the coronavirus are at risk of becoming infected again, WHO says.

Read more: WHO says 'jury is still very much out' on whether coronavirus antibodies provide immunity


American Airlines plans 30% reduction of management, administrative staff


Created: Thu, 28 May 2020 03:08:47 GMT

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American Airlines is planning to reduce its mangagement and support staff jobs by 30% as it scrambles to cut costs because of the coronavirus.

Read more: American Airlines plans 30% reduction of management, administrative staff


HP CEO commits to company's buyback program, says stock is 'undervalued'


Created: Thu, 28 May 2020 00:51:56 GMT

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"[W]e are going to stay committed to the principles that we shared in the value plan," HP CEO

Read more: HP CEO commits to company's buyback program, says stock is 'undervalued'


Cramer's lightning round: Waste Management is a buy


Created: Wed, 27 May 2020 23:16:32 GMT

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"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Read more: Cramer's lightning round: Waste Management is a buy


'I think they're confused' — Jim Cramer says bull investors have one thing wrong about the economy


Created: Wed, 27 May 2020 23:07:57 GMT

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"I'm betting the field will be spread out by the time we get to the homestretch, and many of the current winners will fall behind," the "Mad Money" host said.

Read more: 'I think they're confused' — Jim Cramer says bull investors have one thing wrong about the economy


More than 80% of coronavirus patients on a cruise ship did not have any symptoms, new study says


Created: Thu, 28 May 2020 00:48:16 GMT

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The researchers' findings come from observations aboard a 21-day expedition cruise to the Antarctic.

Read more: More than 80% of coronavirus patients on a cruise ship did not have any symptoms, new study says


Gun owners want new hearing in Remington rifle settlement after new reports of malfunctions


Created: Wed, 27 May 2020 22:29:33 GMT

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Lewis Frost, a deputy sheriff in Louisiana who owns three Model 700s, and Richard Denney, an Oklahoma attorney who also owns three 700s, are asking the federal judge to consider reopening the case in light of CNBC's reporting.

Read more: Gun owners want new hearing in Remington rifle settlement after new reports of malfunctions


Quest Diagnostics hopes to nearly double daily coronavirus testing capacity by end of June, CEO says


Created: Wed, 27 May 2020 22:20:53 GMT

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Quest Diagnostics also announced a set of new testing and screening services for employers as more U.S. workers return to the job.

Read more: Quest Diagnostics hopes to nearly double daily coronavirus testing capacity by end of June, CEO says


As U.S. coronavirus deaths cross 100,000, black Americans bear disproportionate share of fatalities


Created: Wed, 27 May 2020 22:37:53 GMT

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Black Americans continue to make up a disproportionate share of Covid-19 fatalities as the number of deaths from the coronavirus pandemic exceeds 100,000 in the U.S., according to an analysis of data from the CDC.

Read more: As U.S. coronavirus deaths cross 100,000, black Americans bear disproportionate share of fatalities


U.S. coronavirus death toll rises above 100,000 in world's deadliest outbreak


Created: Wed, 27 May 2020 22:43:34 GMT

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Around 5.5 million people have contracted the coronavirus across the globe, with the U.S. accounting for roughly 30% of total cases.

Read more: U.S. coronavirus death toll rises above 100,000 in world's deadliest outbreak


Boeing resumes production of beleaguered 737 Max planes


Created: Wed, 27 May 2020 22:57:54 GMT

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Boeing has resumed production of its beleaguered 737 Max, which remains grounded since March 2019 after two deadly crashes.

Read more: Boeing resumes production of beleaguered 737 Max planes


Coronavirus pandemic forces the funeral industry online


Created: Wed, 27 May 2020 22:14:24 GMT

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New research by The Foresight Companies reveals that online price transparency and live-streaming of funeral services may be the norm going forward, even as the country begins to open up.

Read more: Coronavirus pandemic forces the funeral industry online


WHO says there's 'no empirical evidence' Trump-touted hydroxychloroquine helps treat or prevent coronavirus


Created: Wed, 27 May 2020 18:46:13 GMT

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"There is no empirical evidence at this point that these drugs work in this case either for treatment or for prophylaxis," said Mike Ryan, executive director of the WHO's emergencies program.

Read more: WHO says there's 'no empirical evidence' Trump-touted hydroxychloroquine helps treat or prevent coronavirus


Watch Healthy Returns: The path forward with IAVI CEO Dr. Mark Feinberg


Created: Wed, 27 May 2020 21:01:40 GMT

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Can Ebola vaccine technology be used to combat Covid-19? Meg Tirrell interviews Dr. Mark Feinberg about IAVI's research and partnership with Merck.

Read more: Watch Healthy Returns: The path forward with IAVI CEO Dr. Mark Feinberg


Dr. Anthony Fauci says a second wave of coronavirus is 'not inevitable'


Created: Wed, 27 May 2020 17:57:28 GMT

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"Don't start leapfrogging over the recommendations of some of the guidelines because that's really tempting fate and asking for trouble," Fauci says.

Read more: Dr. Anthony Fauci says a second wave of coronavirus is 'not inevitable'


Boeing is laying off more than 6,000 employees this week as coronavirus pandemic hurts demand


Created: Wed, 27 May 2020 20:43:11 GMT

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Boeing is laying off more than 6,000 employees this week in a bid to cut costs as the coronavirus roils demand for air travel. The company aims to reduce its head count, which numbered more than 160,000 in 2019, by 10%.

Read more: Boeing is laying off more than 6,000 employees this week as coronavirus pandemic hurts demand


Disney to start reopening its Florida theme parks with Magic Kingdom, Animal Kingdom on July 11


Created: Wed, 27 May 2020 16:26:23 GMT

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Disney on Wednesday proposed a phased reopening of Walt Disney World's Magic Kingdom and Animal Kingdom on July 11 and Epcot and Hollywood Studios on July 15.

Read more: Disney to start reopening its Florida theme parks with Magic Kingdom, Animal Kingdom on July 11


SpaceX and NASA postpone historic astronaut launch due to bad weather


Created: Wed, 27 May 2020 22:32:19 GMT

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With about 17 minutes to go, SpaceX delayed its historic Demo-2 launch of NASA astronauts due to severe weather.

Read more: SpaceX and NASA postpone historic astronaut launch due to bad weather


Watch live: Scene from the launchpad as SpaceX mission with NASA astronauts is scrubbed


Created: Wed, 27 May 2020 20:31:52 GMT

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Watch the livestream of SpaceX launching NASA astronauts for the first time on Wednesday.

Read more: Watch live: Scene from the launchpad as SpaceX mission with NASA astronauts is scrubbed


Op-Ed: Our city can show the rest of America how to bounce back from Covid-19


Created: Wed, 27 May 2020 19:17:48 GMT

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Newark's recent rise can provide lessons on how cities can rebuild from the devastation of the coronavirus pandemic: Lata N. Reddy, Mayor Ras J. Baraka and Michael B. Jordan.

Read more: Op-Ed: Our city can show the rest of America how to bounce back from Covid-19


Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak


Created: Wed, 27 May 2020 16:53:15 GMT

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New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 363,800 people across the state as of Wednesday.

Read more: Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak


New York City is working on how to reopen bars and restaurants, Mayor de Blasio says


Created: Wed, 27 May 2020 17:44:27 GMT

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New York City is in the process of figuring out when and how to reopen restaurants and bars safely with public health measures, Mayor Bill de Blasio said Wednesday.

Read more: New York City is working on how to reopen bars and restaurants, Mayor de Blasio says


Dr. Scott Gottlieb warns that widespread vaccinations for coronavirus by year-end look unlikely


Created: Wed, 27 May 2020 14:58:39 GMT

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"I think we'll have to have one more cycle of this virus in the fall, heading into the winter, before we get to a vaccine," the former FDA chief told CNBC on Wednesday.

Read more: Dr. Scott Gottlieb warns that widespread vaccinations for coronavirus by year-end look unlikely


Discount retailer Tuesday Morning files for bankruptcy protection, to shut 230 stores


Created: Wed, 27 May 2020 23:59:22 GMT

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Home goods retailer Tuesday Morning filed for Chapter 11 bankruptcy protection and plans to shut a third of its nearly 700 stores.

Read more: Discount retailer Tuesday Morning files for bankruptcy protection, to shut 230 stores

 
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