Investors and health officials appear to grow increasingly worried about a potential second wave of Covid-19 cases and further economic downtown, as states and foreign governments move ahead with lifting restrictions. Stocks sold off on Tuesday, with the Dow shedding roughly 400 points in the final hour of trading and the Nasdaq Composite and S&P
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Boeing 737 MAX airplanes, along with one Boeing 787 at top, are parked at Grant County International Airport October 23, 2019 in Moses Lake, Washington. David Ryder | Getty Images Boeing said Tuesday that customers canceled 108 more orders for 737 Max jetliners in April, further whittling down the company’s backlog of planes as it faces the devastating impact
Republican Sen. Rand Paul challenged one of the Trump administration’s top health advisors on the coronavirus pandemic, questioning why the U.S. shouldn’t reopen schools in the fall when relatively few children die from Covid-19. “Shouldn’t we at least be discussing what the mortality of children is?” Paul asked White House coronavirus task force advisor Dr.
[The stream is slated to start at 10:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] The U.S. Senate committee on Health, Education, Labor and Pensions is holding a hearing Thursday to question top officials from the White House coronavirus task force about plans to ease
Many recovered Covid-19 patients are reporting a longer road to “full health” than expected and some appear to have relapsed, the World Health Organization said Monday. Researchers around the world are still trying to understand exactly how the coronavirus affects the human body. WHO officials say they are working with governments and hospitals around the
Several countries that have lifted coronavirus restrictions and reopened businesses, including China, have seen jumps in coronavirus cases, underscoring the “challenges that may lie ahead,” the World Health Organization warned Monday. “In the Republic of Korea, bars and clubs were shut as a confirmed case led to many contacts being traced,” WHO Director-General Tedros Adhanom Ghebreyesus
Jeremy Kennedy, a Ford employee, secures the engine and transmission to the subframe of a new 2020 Explorer at Chicago Assembly Plant. Ford Not even during the Great Recession and bankruptcies of General Motors and then-Chrysler did the automotive industry come to a standstill like it has during the coronavirus pandemic. U.S. automakers are losing
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. Prime Minister Boris Johnson outlined a “conditional” plan to reopen his country’s economy, but said there would be no immediate end to
A view of a store front with sign Out of Business in Soho area New York City USA during coronavirus pandemic on April 27, 2820. John Nacion | NurPhoto | Getty Images The U.S. economy was slowing last year, but many companies entered 2020 with reasons to be optimistic and expansion plans to match. Hotel
San Diego Mayor Kevin Faulconer told CNBC on Friday he believes people are following the city’s new rules for beaches, calling it a positive sign as California seeks to ease up on coronavirus-related restrictions. “I was out there on the beaches myself last week with our lifeguards. You can walk, you can run, surf and swim