Business

A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, U.S., April 5, 2020. Joshua Roberts | Reuters The Treasury Department on Tuesday said airlines could receive larger federal loans than previously expected after some carriers opted

Nikola Motor Company Badger pickup truck Source: Nikola Motor Company General Motors and Nikola are not expected to finalize a $2 billion deal scheduled to close before Wednesday after allegations of fraud and sexual abuse surfaced against the embattled start-up’s founder and former executive chairman, Trevor Milton, according to two people familiar with the negotiations. Executives at both companies

People wear protective face masks outside the AMC Lincoln Square 13 movie theater on the Upper West Side as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 22, 2020 in New York City. Noam Galai | Getty Images In late March, like many businesses, the

This photo taken on February 20, 2020 shows doctors looking at a lung CT image at a hospital in Yunmeng county, Xiaogan city, in China’s central Hubei province. STR | AFP | Getty Images It started as a seemingly perplexing case of pneumonia.  From a wet market in Wuhan, China, Covid-19 has spread to nearly

A municipal worker sanitizes a Roman Catholic Church graveyard after the burial of Covid-19 coronavirus infected people in Ranchi on September 6, 2020. AFP | Getty Images The coronavirus has killed at least 1 million people across the globe, a nightmarish milestone in the world’s fight against the virus that emerged from Wuhan, China, late

A pilot walks by United Airlines planes as they sit parked at gates at San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | Getty Images United Airlines‘ pilots approved a plan to avoid furloughs that were set to begin as early as next month, the company said Monday, marking

LONDON — When Allbirds founders Tim Brown and Joey Zwillinger launched the footwear brand in 2016, they wanted to make a simple-looking shoe that was logo-free. They started with a sneaker that had a wool upper, and ads claimed they were the “world’s most comfortable” shoes. Their sneakers soon became the go-to footwear of Silicon

House Speaker Nancy Pelosi speaks during a press conference on Capitol Hill on Sept. 10, 2020. Ting Shen/Xinhua via Getty Images House Speaker Nancy Pelosi on Sunday said another coronavirus stimulus plan is possible as House Democrats try to forge ahead on a smaller aid package costing about $2.4 trillion, roughly $1 trillion less than their initial

Antarctica Flights operates 12-hour sightseeing tours over the continent that take off and land on the same day. Courtesy of Antarctica Flights The coronavirus has ravaged the world now for nine months, with people across the globe enduring lockdowns of varying intensities, workplace and school shutdowns and restrictions on group gatherings.  Yet there’s still one continent

Mercedes AMG Petronas Motorsport driver Lewis Hamilton (44) of Great Britain celebrates clinching the 2019 FIA Formula 1 World Championship following the F1 – U.S. Grand Prix race at Circuit of The Americas on November 3, 2019 in Austin, Texas. Ken Murray | Icon Sportswire | Getty Images Formula One has the fan base, its

Jacqueline Dunlap places whole blood samples into a centrifuge to separate plasma for antibody testing at the Bloodworks Northwest Laboratory during the coronavirus disease (COVID-19) outbreak in Renton, Washington, September 9, 2020. Lindsey Wasson | Reuters Fewer than 1 in 10 Americans showed signs of a prior coronavirus infection as of late July, suggesting that

There’s an emerging industry thought to be only science fiction not too long ago that’s close to becoming a reality: space tourism.  And a handful of companies – including one publicly traded name – are competing neck and neck to be leaders in the emerging market. But what space tourism entails, and how much it

Shoppers stand in line to enter a Foot Locker Inc. store at the Queens Center shopping mall in the Queens borough of New York, U.S., on Wednesday, Sept. 9, 2020. Peter Foley | Bloomberg | Getty Images Dividends and buyback programs are slowly returning, but for some companies, the reinstatement of capital return plans follows

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 As the global death toll from the coronavirus approaches 1 million people, it’s “not impossible” to consider that number doubling if countries don’t uniformly work to

Gabriela Esparza and Zach Wu, wastewater control inspectors with EBMUD, cap 24 separate bottles while retrieving collection equipment and the samples in Oakland, Calif. on Tuesday, July 14, 2020. Paul Chinn | San Francisco Chronicle | Getty Images The Department of Health and Human Services is seeking bids from contractors that can carry out a

Trevor Milton CEO of Nikola Massimo Pinca | Reuters Nikola shares tumbled Thursday to a record low since the company’s public debut in early June after Wedbush downgraded the electric truck maker’s stock to underperform from neutral. Shares sank to as low as $16.15 before recovering and trading above $20 at midday. Recently, the stock was down

U.S. President Donald Trump speaks while hosting an event commemorating the repatriation of Native American remains and artifacts from Finland in the Oval Office of the White House in Washington, September 17, 2020. Kevin Lamarque | Reuters President Donald Trump will sign a series of executive orders aimed at protecting people with preexisting conditions and

A target store advertises for workers near its entrance in Encinitas, California, May 24, 2019. Mike Blake | Reuters Target said Thursday that holiday hiring will be in line with last year, but it is rethinking its approach to roles for those workers to adapt to  customers’ new shopping habits during the coronavirus pandemic. Twice as

Moncef Slaoui, the former head of GlaxoSmithKlines vaccines division, listens as U.S. President Donald Trump delivers remarks about coronavirus vaccine development in the Rose Garden of the White House on May 15, 2020 in Washington, DC. Dubbed “Operation Warp Speed,” the Trump administration is announcing plans for an all-out effort to produce and distribute a

Health workers treating patients with the coronavirus may be at the top of the line to get a vaccine once one is approved. But that’s not necessarily the obvious move.  The National Vaccine Advisory Committee met Wednesday for the first of a two-day public meeting on the Covid-19 pandemic, vaccine developments and a distribution plan