Business

7:57 am: Boeing posts quarterly loss of $641 million Boeing reported a first-quarter loss of $641 million, as the company faces both coronavirus and the more than yearlong grounding of its best-selling plane, the 737 Max. The company is planning to reduce production of some aircraft, including the 787 Dreamliner. Boeing is facing a dismal market for new

The Humana headquarters office stands in Louisville, Kentucky. Ty Wright | Bloomberg | Getty Images U.S. health insurer Humana beat quarterly profit estimates and stuck to its full-year forecast on Wednesday, benefiting from more members paying higher premiums for its government-backed Medicare plans. Sales at its retail unit, which includes Medicare plans offered to people

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: At least 3,113,447. Global deaths: At least 216,930. Most cases reported: United States (1,011,877), Spain (232,128), Italy (201,505), France (169,053), and United Kingdom (162,350).  The data above was compiled by Johns

In this pool image, Vice President Mike Pence Visits the Mayo Clinic Rochester Facilities, April 28, 2020. Pence is surrounded by 9 other people with masks including a patient. Press Pool Video Vice President Mike Pence on Tuesday toured the Mayo Clinic without wearing a mask despite that renowned medical facility telling him that masks

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3 million Global deaths: More than 210,800 Most cases reported: United States (987,022), Spain (229,422), Italy (199,414), France (165,962), and Germany (158,434).  The data above was compiled

Stock markets have taken a battering as the ongoing coronavirus pandemic continues to rattle global economies. But some young people are taking it as an opportunity to kick-start their investing careers.  Online stock trading platforms have seen a surge in demand in recent months as investors seek to take advantage of undervalued equities. Investing app

Health experts and asset markets are watching closely as segments of the U.S. reopen their economies. Global cases near the 3 million mark, with roughly a third of those cases in the U.S. Across the Atlantic, U.K. Prime Minister Boris Johnson is back at work on Monday after recovering from the virus, delivering a sober

UK Prime Minister Boris Johnson speaks and takes questions during a press conference in Downing Street regarding the coronavirus outbreak, on March 9, 2020. in London, England. Alberto Pezzali – WPA Pool | Getty Images As the U.K.’s Prime Minister Boris Johnson returns to work on Monday after recovering from the coronavirus, there is mounting

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 2.9 million Global deaths: At least 206,265 Most cases reported: United States (963,379), Spain (226,629), Italy (197,675), France (162,220), and Germany (157,495).  The data above was compiled

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 2.9 million Global deaths: At least 203,534 US cases: More than 939,000 US deaths: At least 53,934 The

An Embraer E195 jet airliner on display at the 2019 Paris Air Show opened at Le Bourget Airport. Marina Lystseva | TASS | Getty Images Boeing has ended agreements for joint ventures with Brazil’s Embraer after a deadline for the deal passed, the latest derailment at the aerospace giant.  “Boeing has worked diligently over more than

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 2.8 million Global deaths: At least 202,668 Most cases reported: United States (936,616), Spain (223,759), Italy (195,351), France (161,644), and Germany (156,418).  The data above was compiled

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 2.8 million Global deaths: At least 197,000 U.S. cases: More than 905,000 U.S. deaths: At least 51,000 The

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: At least 2,790,986. Global deaths: At least 195,920. Most cases reported: United States (890,524), Spain (219,764), Italy (192,994), France (159,495), and Germany (154,545).  The data above was compiled by Johns Hopkins

As the number of U.S. deaths swiftly approaches 50,000, attention has turned to states that are attempting to reopen to spur economic growth. Some U.S. governors have begun easing restrictions despite warnings from world health officials that it may be too soon to do so without sparking a second wave of Covid-19 infections. This is CNBC’s

An employee checks the production of chloroquine phosphate, resumed after a 15-year break, in a pharmaceutical company in Nantong city in east China’s Jiangsu province Thursday, Feb. 27, 2020. Chloroquine phosphate, an old drug for the treatment of malaria, has shown some efficacy and acceptable safety against COVID-19 associated pneumonia in trials, according to Chinese

A woman wears a medical mask during a snowfall in Beijing, China, February 2, 2020. Artyom Ivanov | Tass | Getty Images A growing chorus of voices around the world is calling for China to compensate for the damages incurred due to the global coronavirus pandemic. Just this week, the U.S. state of Missouri filed a

Vice President Mike Pence speaks during a news conference in the White House in Washington, D.C., U.S., on Thursday, April 23, 2020. Michael Reynolds | EPA | Bloomberg via Getty Images Sixteen states have released “formal reopening plans” to lift coronavirus restrictions, Vice President Mike Pence said Thursday, adding that the country has shown “promising

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 2.6 million Global deaths: At least 183,820 US cases: More than 842,600 US deaths: At least 46,785 The data above was compiled

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: 2,623,415 Global deaths: 183,027 Most cases reported: United States (839,675), Spain (208,389), Italy (187,327), France (157,125), and Germany (150,648).  The data above was compiled by Johns Hopkins University as of 8:39