Business

The UK is moving forward with quarantine, which will further destroy Bloomberg Airlines British Airways is threatening to fire all pilots and make a few miles for less pay British Airways, EasyJet and Ryanair hit CNBC’s “disproportionate” mandatory quarantine Britain begins mandatory self-quarantine for Japan Today arrivals Slam UK Airlines Quarantine Plan Bloomberg Markets and Finance See full coverage in …

If all you had to assess the state of the economy was the stock market, it seems that everything is fine. After falling 34% in just over a month in February and March, SPDR S&P 500 ETF Trust (NYSEMKT: SPY) has jumped 37% and has fallen only about 5% since the beginning of the year. Only this – such a …

The airline’s passengers reported 300% compared to last month, but … By Chris McGuinness, SFGATE Updated 2:30 PM PDT, Friday, May 22, 2020 Low gas prices (about $ 2.60 a gallon in CA) and extensive air travel restrictions mean most summer trips will be by car. (See the interactive heat map here.) Low gas prices (about $ 2.60 a gallon …

Hertz Global Holdings Inc. is preparing to file for bankruptcy as soon as this weekend after failing to reach a standstill agreement with top lenders, according to people familiar with the matter. The car-rental company is planning to seek chapter 11 protection in the coming days after government restrictions on travel cut down on air and ground traffic, decimating the …

Facebook employees will be able to work from home permanently, but can expect pay cuts if they move to cheaper areas to continue working. Facebook CEO Mark Zuckerberg announced via livestream that he expects about 50 percent of the company’s 50,000 employees to work remotely over the next five to 10 years. A blind study found that 66 percent of …

Vaccines dominated the news this week after the White House announced Operation Warp Speed, an initiative that aims to develop and produce hundreds of millions of doses of COVID-19 vaccines by the end of 2020. Also this week, Moderna Therapeutics announced encouraging results for its vaccine in a small human safety study. The news sent Moderna’s stock rise and its …

CLOSE Casinos across Nevada closed Wednesday, along with other minor businesses, following an unprecedented order from Gov. Steve Sisolak. He urged residents to stay home to help curb the spread of the new coronavirus. (March 18) AP Home LAS VEGAS – The pandemic has turned Nevada’s leading tourist destinations into deserts of uncertainty. No one can say when COVID-19 will …

The Dow Jones industrial average fell more than 175 points before cutting losses on Friday afternoon as rising tensions in the United States and China exceeded the optimism of the coronavirus vaccine. Dow Jones stock leader Intel fell further below a new buying point as Alibaba and Nvidia moved in opposite directions after earnings were reported as the current stock …

“It is possible” the United States will start releasing a coronavirus vaccine by December, the White House’s top infectious disease expert said on Friday. Dr. Anthony Fauci predicted in January that the vaccine could be ready in 12 to 18 months. In an interview with NPR on Friday, he said “the schedule is still intact”, but warned that there could …

Nvidia Corp (NVDA) – Get a report shares rose on Friday as tensions in the United States and China pressed global markets, offsetting a solid first-quarter earnings report that included more than $ 1 billion in data center chip sales and improved profit margins. Nvidia said non-GAAP earnings for the three months ending April 26 were returned at $ 1.80 …