Business

A Qatar Airways Boeing 777 In New York. Leslie Josephs | CNBC DUBAI, United Arab Emirates — The outlook for the airline industry continues to be bleak, and one CEO has issued a particularly devastating warning on its future as fears mount over a potential second wave of coronavirus infections this fall and winter.   “The

IBM Executive Chairman Ginni Rometty told CNBC on Thursday that corporate America has the potential to create long-lasting societal change by advancing the cause of racial equality. “The private sector has the ability to create a movement, and actually, I think, this could be the greatest mobilization of the private sector for a benefit of society,”

Jet skis pass by residential skyscrapers on the waterside in the Dubai Marina district in Dubai, United Arab Emirates, on Monday, June 8, 2020. Christopher Pike | Bloomberg | Getty Images DUBAI, United Arab Emirates — Ratings agency S&P forecasts an 11% contraction for the Dubai economy in 2020, with an already high debt load

Corey Lewandowski at a football game in Pelham, N.H., October 3, 2020. Corey Lewandowski, a top Trump campaign advisor, was spotted at a kids’ football game over the weekend without wearing a mask even though he had said he would isolate himself because he had been exposed to people with the coronavirus. Jim Donohoe, who

Tommaso79 | Getty Images From migraines to fatigue, coronavirus patients say they are continuing to suffer debilitating symptoms months after first becoming infected, in what has become known as “long Covid.”  Claire Twomey, 33, a social worker in County Meath, Ireland, told CNBC via telephone that it was in her first week back at work,

Guitarist Eddie Van Halen of Van Halen performs on stage at Sleep Train Amphitheatre on September 30, 2015 in Chula Vista, California. Daniel Knighton | Getty Images Eddie Van Halen, guitarist and co-founder of Van Halen, has died after a long battle with throat cancer. He was 65. Van Halen’s son Wolfgang confirmed the musician’s

Garmin was once a rising star in consumer electronics, with its personal navigation devices a common sight on car dashboards and in hikers’ backpacks. The company’s heyday — roughly the late 1990s to around 2008 — ended with the birth of GPS-enabled smartphones from Apple and Google, which offered convenience and features like real-time traffic data Garmin

Robert Pattinson dons the cowl in Matt Reeves’ “The Batman.” Warner Bros. More than 500 movie theaters in the U.S. will close before this weekend, sending the film industry into a tailspin. On Monday, Warner Bros. re-positioned a number of hotly anticipated movies on its calendar including “Dune” and now “The Batman.” Earlier Monday, Cineworld said it

White House press secretary Kayleigh McEnany said Monday that she has tested positive for the coronavirus, a diagnosis that comes as President Donald Trump remains hospitalized with the virus. McEnany is the twelveth person in the White House, connected to Trump’s re-election campaign, Republican members of Congress who has tested positive for Covid-19 since last

US President Trump waves from the back of a car outside of Walter Reed Medical Center in Bethesda, Maryland on Ocotber 4, 2020. Alex Edelman | AFP | Getty Images LONDON — President Donald Trump on Sunday briefly ventured outside Walter Reed hospital in a motorcade to greet cheering supporters, a move that doctors have

White House physician Sean Conley answers questions surrounded by other doctors, during an update on the condition of US President Donald Trump, on October 4, 2020, at Walter Reed Medical Center in Bethesda, Maryland. – US President Donald Trump has resumed making calls and tweeting from hospital, but doctors say his progress on Sunday will

Senator Ron Johnson, a Republican from Wisconsin, speaks during a Senate Homeland Security and Governmental Affairs Committee hearing in Washington, D.C., U.S., on Thursday, Aug. 6, 2020. Toni Sandys | Bloomberg | Getty Images Ron Johnson of Wisconsin is the third Republican senator to test positive for Covid-19 after President Donald Trump announced early Friday that

U.S. President Donald Trump walks to the South Lawn of the White House before boarding Marine One in Washington, D.C., U.S., on Friday, Oct. 2, 2020, on his say to Walter Reed National Military Medical Center to be treated for Covid-19, the White House said. Sarah Silbiger | Bloomberg | Getty Images President Donald Trump’s

A senior signing up for Medicare. Justin Sullivan | Getty Images Open enrollment season for Medicare enrollees can sometimes be overwhelming because of the wide variety of choices. The average senior will have 47 different health plans to choose from for 2021, according to the Trump administration, up 20% from last year.  In most years,

Former Food and Drug Administration commissioner Dr. Scott Gottlieb told CNBC on Friday he believes the White House carefully considered all of its treatment options before it opted to give President Donald Trump the experimental coronavirus antibody cocktail from Regeneron Pharmaceuticals.  “This was a wholly appropriate decision to give him active therapy, and then it just

WASHINGTON, DC – OCTOBER 01: U.S. President Donald Trump walks to Marine One on the South Lawn of the White House on October 1, 2020 in Washington, DC. (Photo by Drew Angerer/Getty Images) Drew Angerer | Getty Images News | Getty Images President Donald Trump shared that he and first lady Melania Trump have tested positive for coronavirus on

Getty Images Oil prices are expected to rise just slightly in the final quarter of the year, held back from further gains by a deep chill in global travel and a still healing economy. Analysts forecast the prices of Brent and West Texas Intermediate should rise to the low to mid-$40s per barrel, but they

Luke Hutchison said he signed up to a coronavirus vaccine trial because he’s “pro science” Luke Hutchison Luke Hutchison woke up in the middle of the night with chills and a fever after taking the Covid-19 booster shot in Moderna’s vaccine trial. Another coronavirus vaccine trial participant, testing Pfizer’s candidate, similarly woke up with chills, shaking so

The Key Auto Mall car dealership in Moline, Illinois. Daniel Acker | Bloomberg | Getty Images Fiat Chrysler and General Motor’s auto sales fell in the third quarter, but both automakers saw a significant rebound in demand from the second quarter when the pandemic wreaked havoc on the industry. Fiat Chrysler’s sales fell 10% from a year

Visitors watch the dolphins show while keeping one bench as safety distance at the Madrid Zoo Aquarium Park on August 25, 2020, in Madrid, Spain. Miguel Pereira | Getty Images News | Getty Images There is cause for cautious optimism in some European countries battling the second wave of the coronavirus pandemic, as the rate