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A United Airlines airplane takes off at San Francisco International Airport. Gary Hershorn | Corbis News | Getty Images United Airlines on Wednesday posted a wider-than-expected third quarter loss as the coronavirus pandemic continued to hammer air travel demand, but the carrier trimmed its cash burn. Here’s how United performed compared with what Wall Street
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FDA Senior Advisor Dr. Janet Woodcock joins Meg Tirrell to talk monoclonal antibody treatments, Operation Warp Speed, and how to run better clinical trials. For more exclusive insights from our reporters and speakers, sign up for our Healthy Returns newsletter to get the latest delivered straight to your inbox weekly. And for a front row seat at CNBC Events,
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Kevin O’Leary Scott Mlyn | CNBC Investor Kevin O’Leary knows firsthand the challenges entrepreneurs on Main Street are facing during the coronavirus pandemic. Many are struggling to survive to economic shutdowns and the rapid shift to the digital economy. “Twenty percent of the small private companies in my portfolio are going to fail,” he said
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In this photo illustration the Internal Revenue Service (IRS… SOPA Images/LightRocket via Getty Images Regulators all over the world are struggling to come up with an effective tax policy for virtual currency transactions. Recently, the IRS was scrutinized by the government watchdog, The Treasury Inspector General for Tax Administration (TIGTA), about this very issue. A
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Bitcoin and the technology underlying it, are no longer just the realm of technology nerds, traders and idealists. Blockchain and cryptocurrencies are being embraced by hundreds of big institutions and corporations.  So far this year, payments giant Square has invested $50 million in bitcoin, and at least 20 institutional investors have so far filed documents
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David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs reported its third-quarter earnings before the opening bell Wednesday. Here’s how the company did: Earnings: $9.68 per share, vs. $5.57 expected by Refinitiv’s consensus estimates. Revenue: $10.78 billion, vs. $9.46 billion expected
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Can preflight testing get people flying again? The International Air Transport Association (IATA) thinks so. Last month, the trade association, which represents some 290 airlines around the world, called for the “development and deployment of rapid, accurate, affordable, easy-to-operate, scalable and systematic” Covid-19 testing for all passengers as a way to restore passenger confidence, bypass
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