Denver Police officer Nate Magee chants with protesters marching during the fifth consecutive day of demonstrations in the aftermath of the death of George Floyd on June 1, 2020 in Denver, Colorado. Michael Ciaglo | Getty Images U.S. cities are assessing the aftermath of another night of protests sparked by the killing of George Floyd
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Health officials are warning that mass gatherings across the country could further spread the coronavirus, just as much of the economy is beginning to restart. Protests sparked by the police killing of George Floyd, an unarmed black man in Minneapolis, continued for a seventh night with overnight clashes between law enforcement and demonstrators. The World Health Organization,
1. Dow set to rise as investors bet on economy reopening Dow futures were pointing to a nearly 200 point gain at Tuesday’s open. After a strong month of May, the Dow started June on the upside as Wall Street continued to bet on a successful reopening of the U.S. economy after the coronavirus halt.
A protester throws a US flag into a burning barricade during a demonstration near the White House on May 31, 2020 in Washington, DC. Roberto Schmidt | AFP | Getty Images Cities across America are reeling from a weekend of unrest during protests that erupted after George Floyd died during an arrest in Minneapolis. The
People across the U.S. gathered in mass over the weekend and into Monday morning to protest police brutality and the killing of George Floyd in Minneapolis, raising concerns of further virus spread through the demonstrations. More than 1.7 million people in the U.S. have tested positive for the virus and more than 104,000 have died
CFOs of major corporations around the globe are increasingly certain of a negative coronavirus impact on their business in 2020. iStock/ Getty Images Plus / MicroStockHub Nearly half (48.8%) of leading chief financial officers surveyed in the latest CNBC Global CFO Council Survey say the Covid-19 pandemic will have a “negative” impact on their companies
As demonstrations erupted in major U.S. cities across the nation in response to the death of unarmed black man George Floyd, peaceful protests turned ugly as demonstrators set fires, looted stores and clashed with riot police. The destruction prompted Los Angeles to suspend coronavirus testing Saturday afternoon due to safety concerns. “We have been notified that
I woke up Sunday morning from my apartment in Manhattan to a flood of text messages from friends and family. The night before, New York City had erupted in protests, following the killing of George Floyd, an unarmed black man, at the hands of Minneapolis police. Normally, I take long walks, runs or bike rides around New
Ford is resurrecting a well-known model of the Mustang called Mach 1, a performance version of the pony car that first debuted in the late 1960s. The company released this teaser image of the vehicle May 29, 2020. Ford Ford Motor is resurrecting a well-known model of the Mustang called the Mach 1, a performance
Signage for Hertz Global Holdings Inc. stands at a rental location in Berkeley, California, U.S., on Tuesday, May 5, 2020. David Paul Morris | Bloomberg | Getty Images Ongoing distress in the rental car market due to the coronavirus pandemic, highlighted by Chapter 11 bankruptcy filings of Hertz and the parent company of Advantage Rent A
The Crew Dragon capsule sits on top of the SpaceX Falcon 9 rocket at Launch Complex 39-A at Kennedy Space Center, Fla., Friday, May 29, 2020. Joe Burbank | Orlando Sentinel | Getty Images CAPE CANAVERAL, Fla. — SpaceX is going for its second attempt on Saturday to launch NASA astronauts after severe weather postponed
States across the U.S. continue to chart their own paths forward, trying to thread the needle between public health concerns and efforts to restart the economy amid mass unemployment. Another 2.1 million people filed jobless claims over the past week while continuing claims, or those who have been collecting for at least two weeks, reached 21.05 million,
A fourth prototype of SpaceX’s next-generation Starship rocket exploded Friday after a test at the company’s development facility in Texas. The company was conducting a trial of the rocket’s engine, in a test on the ground known as a static fire. A few minutes after the test, which initially appeared successful, the Starship prototype identified
U.S. President Donald Trump speaks to reporters after he received a 2020 hurricane season briefing during the coronavirus disease (COVID-19) outbreak in Washington, May 28, 2020. Jonathan Ernst | Reuters President Donald Trump announced Friday that the United States will cut ties with the World Health Organization. “China has total control over the World Health
A customer at a bank in Mogadishu, Somalia on June 7, 2015. Abdulfitah Hashi Nor | AFP | Getty Images The coronavirus pandemic is leaving migrant workers unable to send money or goods home to families, cutting off a vital lifeline for communities already under siege from a barrage of external shocks. Remittance flows to
Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. Elijah Nouvelage | Reuters Delta Air Lines offered retirement and buyout packages to employees on Thursday, an effort to cut costs as the coronavirus
The U.S. death toll from the coronavirus passed 100,000 late Wednesday, far exceeding reported deaths in every other country. Black Americans made up a disproportionately large share of the deaths, according to an analysis of data from the Centers for Disease Control and Prevention. Two new studies that looked at the share of total infections that are asymptomatic
An EasyJet Airbus A320 aircraft is seen at Malpensa Airport near Milan, Italy, October 3, 2018. Stefano Rellandini | Reuters British budget airline easyJet announced it would reduce its workforce by around a third, as the coronavirus pandemic continues to weigh on the tourism industry. The company said it was looking to cut employee numbers
In a time where stock buyback programs have come under scrutiny, HP is sticking to the principles laid out in the company’s value plan, CEO Enrique Lores told CNBC Wednesday. “We still think that buying back stock is good because we think it’s undervalued” and “we are going to stay committed to the principles that we
Global deaths due to Covid-19 surpassed 350,000 as U.S. deaths near 100,000 and states push forward with reopening plans. California Gov. Gavin Newsom said Tuesday that most of the state’s barbershops and hair salons can reopen with modifications. Nevada Gov. Steve Sisolak said the state is moving into phase two of its reopening plan, which will