A view of northern Italy, near Milan is seen from an airplane window. NurPhoto | NurPhoto | Getty Images Despite airlines being one of the worst-hit sectors by the coronavirus pandemic, the debt of low-cost European airlines is one of the most attractive opportunities in fixed income at present, according to AXA Investment Managers Senior
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Tom Holland reprises his role as Peter Parker / Spider-Man in Sony’s “Spider-Man: Far From Home.” Sony Sony Pictures announced Thursday that it altered the release of the third Tom Holland “Spider-Man” flick once more. This time, the Queens-based hero is slated to return to theaters on Dec. 17, 2021. Holland’s friendly neighborhood Spider-Man had
Tedros Adhanom Ghebreyesus, director general of the World Health Organization (WHO), speaks during a news conference on the COVID-19 coronavirus outbreak in Geneva, Switzerland, on Monday, March 2, 2020. Stefan Wermuth | Bloomberg via Getty Images Top officials of the World Health Organization on Thursday slammed “unacceptable” comments made by U.S. Secretary of State Mike
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 on Thursday posted a $915 million net loss for the second quarter and warned travel demand will likely remain depressed until there’s a vaccine or treatment for the coronavirus.
Pedestrians wearing protective face masks in front of a mural in New Delhi, India on July 21, 2020. Yawar Nazir | Getty Images More than half a year after the coronavirus disease — or Covid-19 — first emerged in Asia Pacific, new infections are still climbing sharply in some parts of the region. Some countries including India,
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 United States will pay $1.95 billion for Pfizer to produce and deliver 100 million doses of its COVID-19 vaccine candidate in the U.S. if it proves safe and effective in humans, the government announced Wednesday. Under the agreement, the U.S. can acquire an additional 500 million doses, the Department of Health and Human Services
European Union leaders reached a breakthrough agreement for $2 trillion in fiscal stimulus after four days of negotiations. U.S. lawmakers, similarly, are back on Capitol Hill this week and will be seeking to pass another virus relief bill, just as extended benefits are set to expire. President Donald Trump said he will resume his daily Covid-19 briefings, possibly as soon
Melissa da Silva, president of tour operators Trafalgar Tours, Brendan Vacations and Costsaver, divisions of Cypress, California-based The Travel Corporation. Trafalgar Tours/The Travel Corporation One of the biggest disappointments of the pandemic lockdown of 2020 — and there are many — has to be the eagerly awaited vacations and getaways that millions of Americans have
E-commerce stocks have roared higher off the March lows. Wayfair, Stitch Fix, Etsy and Chewy have rallied triple digits since the market trough four months ago. Overstock, the biggest mover, has skyrocketed 2,058% since its own bottom. These stocks have been hot commodities as the stay-at-home trade benefited from pandemic-related lockdowns and quarantines. Danielle Shay,
The golden domes of the Kremlin’s churches and cathedrals sit illuminated at dusk in Moscow, Russia, on Monday, April 9, 2018. Andrey Rudakov | Bloomberg | Getty Images Russia has rejected allegations that it coordinated hacking attempts against academic and pharmaceutical bodies in the West, with Finance Minister Anton Siluanov telling CNBC Monday that no hackers
Executive Director of the World Health Organization’s (WHO) emergencies program Mike Ryan speaks at a news conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Denis Balibouse | Reuters 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
Ford says its Active Drive Assist system will allow for hands-free driving on more than 100,000 miles of divided highways in the U.S. and Canada. Ford Ford Motor has reached a deal with Mobileye, an auto tech subsidiary of Intel, to support its next-generation of advanced driving and safety features across the automaker’s global product lineup. The
Florida reported 12,523 new cases of the coronavirus on Saturday, marking the fifth consecutive day the hot-spot state reported more than 10,000 cases, according to the state’s health department. The state has reported more than 11,865 cases of the coronavirus on average over the past seven days, up 28.85% compared with a week ago, according to
Ohio Republican Gov. Mike DeWine said Sunday that while his administration has stopped short of issuing a statewide mask ordinance, he’s not ruling out implementing that step as coronavirus cases continue to surge in the state. “We’re going the wrong way,” Dewine said of Ohio’s daily virus infections during an appearance on NBC’s “Meet the
New York Governor Andrew Cuomo wears a protective face mask as he arrives to speak during a daily briefing following the outbreak of the coronavirus disease (COVID-19) in Manhattan in New York City, New York, U.S., July 13, 2020. Mike Segar | Reuters New York City has been cleared to enter the next phase of
US President Donald Trump holds up swabs as he speaks during a Coronavirus Task Force press briefing at the White House in Washington, DC, on April 19, 2020. Jim Watson | AFP | Getty Images The White House is trying to block billions of dollars for coronavirus testing and contact tracing in the upcoming stimulus
A Clemson Tigers helmet on the field of last season’s College Football Playoff National Championship Game. Clemson is among the NCAA Division I major conference programs to recently have football players test positive for Covid-19, adding more uncertainty to the planned start of college football season. Alika Jenner | Getty Images The college football doomsday
CNBC’s Jim Cramer on Friday revealed a tangential way that investors can play the Covid-19 vaccine rush without taking on the risk of investing in a developer that loses the race. “Rather than chasing the Covid=19 vaccine developers that are panning for gold, I want to go with the equipment suppliers that sell the medical
U.S. President Donald Trump touts administration efforts to curb federal regulations during an event on the South Lawn of the White House in Washington, U.S., July 16, 2020. Jonathan Ernst | Reuters President Donald Trump on Friday continued muddying his administration’s messaging on the use of masks to combat the spread of the coronavirus, saying he disagreed with