Business

An almost empty British Airways passenger plane flies from Milan to London on March 5, 2020 in Milan, Italy. Laurel Chor | Getty Images European airlines have been running near-empty flights in order to retain valuable airport slots, drawing sharp criticism from climate activists as the coronavirus outbreak dramatically reduces passenger demand. A so-called “use-it-or-lose-it”
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Fears over the spread of the coronavirus is leading to emptier planes, sending airline shares down to fresh multiyear lows and handing carriers their biggest challenge in a generation. Some airlines are pausing hiring, offering unpaid leave and cutting flights to reduce costs as the virus spreads. U.S. airlines, which analysts consider among the best
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Daniel Craig stars as James Bond in “No Time To Die.” MGM The coronavirus outbreak may have pushed ”No Time to Die” to trade its April box-office release in favor of a November one, but that doesn’t mean other Hollywood blockbusters are going follow suit.  As the number of countries reporting new cases of COVID-19 grows,
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Customers wearing protective masks wait in line to enter a McDonald’s restaurant during lunch time in Shanghai, on March 2, 2020. Qilai Shen | Bloomberg | Getty Images Starbucks baristas are washing their hands every 30 minutes. McDonald’s employees are cleaning surfaces like door handles, self-order kiosks and table tops more frequently. Reusable mugs are
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A medical worker produces traditional Chinese medicine to treat patients infected by the COVID-19 coronavirus at a hospital in Wuhan in China’s central Hubei province on March 2, 2020. STR | AFP via Getty Images Researchers in China have found that two different types of the new coronavirus could be causing infections worldwide. In a
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A Target store in Culver City, California. Mark Ralston | AFP | Getty Images Target on Tuesday outpaced fourth-quarter earnings expectations, but revenue fell short because of weak sales of toys, electronics and home goods over the holidays. Shares were up fractionally in premarket trading. Here’s what Target reported compared with what analysts were expecting, based
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Microsoft founder Bill Gates Lintao Zhang/Getty Images Billionaire and Microsoft co-founder Bill Gates said the coronavirus that has killed at least 2,859 people and infected more than 83,700 globally may be the “once-in-a-century pathogen we’ve been worried about.” “I hope it’s not that bad, but we should assume it will be until we know otherwise,”
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Walmart logo is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Yichuan Cao | NurPhoto | Getty Images Walmart has named Jamie Iannone its chief operating officer for U.S. e-commerce, after the Sam’s Club executive helped oversee digital initiatives for the retailer’s membership-based subsidiary. In a company memo
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Laboratory technicians work on testing samples from people to be tested for the COVID-19 coronavirus at a laboratory in Shenyang in China’s northeastern Liaoning province on February 12, 2020. STR | AFP | Getty Images The Centers for Disease Control and Prevention said it’s increasing coronavirus testing capabilities at state and local labs after California
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Bob Chapek (C) Chairman of Parks, Experiences, and Products for the Walt Disney Company speaks during the dedication ceremony for the “Rise of the Resistance” attraction opening at Galaxy’s Edge at Disney’s Hollywood Studios on December 04, 2019 in Orlando, Florida. Gerardo Mora The head of Disney’s parks, experiences and products is now its new
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