Business

NFL fines two more coaches, teams for coronavirus mask violations, source says

Head coach Jon Gruden talks with quarterback Derek Carr #4 of the Las Vegas Raiders during a timeout in the NFL game against the New Orleans Saints at Allegiant Stadium on September 21, 2020 in Las Vegas, Nevada. Ethan...

Stock market winners overshadow the need for economic stimulus, Jim Cramer says

CNBC's Jim Cramer said Tuesday that the strength of the stock market winners is obscuring harsh economic realities that exist across a U.S. economy that's been ravaged by the coronavirus pandemic.  And with Covid-19 cases rising in states across the U.S....

Jim Cramer: Investors should still sell Nikola even after its founder’s resignation

CNBC's Jim Cramer advised investors Tuesday to sell shares of Nikola Corporation, the embattled electric vehicle company that has been the target of a short-selling firm.  Nikola ended Tuesday's session up 3.4% at $28.51 per share, following a roughly 19%...

Jamie Dimon says he’s OK with higher taxes on the rich, but wealth tax...

SINGAPORE — J.P. Morgan Chase's Chief Executive Jamie Dimon said he's not against higher taxes on the rich, but a wealth tax is not the way to do it. "A wealth tax is almost impossible to do," he told CNBC-TV18...

Will Smith and Kevin Hart are backing this 27-year-old’s pandemic-proof start-up — even after...

From working with Will Smith and Kevin Hart, to hosting thousands of events across the globe, Xiaoyin Qu's schedule has been packed lately. In May, the 27-year-old Stanford dropout added the A-list entertainers to a string of big names eager...

Many thought airfares would spike in the age of coronavirus. That’s not happening yet

Earlier this year, social distancing and the cataclysmic drop in demand for air travel was expected to bring a sharp rise in airfare prices. Flying was going to get expensive — a lot more expensive, according to some. Commercial...

Euro zone recovery stutters in September as coronavirus infections rise

A queue for Covid-19 tests outside a Laboratory in Paris on September 22, 2020 in Paris, France. Kiran Ridley | Getty Images News | Getty Images Euro zone business activity has taken a hit in the month of September as...

The U.S. coronavirus death toll tops 200,000, and it’s just ‘the tip of the...

The coronavirus, which was first confirmed in the United States about eight months ago, has killed more than 200,000 people across the country as of Tuesday as U.S. officials rush to approve and manufacture a vaccine.  The U.S. had reported...

Hong Kong Disneyland set to reopen for a second time while California parks remain...

A locked gate is seen after the Hong Kong Disneyland theme park has been closed, following the coronavirus outbreak in Hong Kong, China January 26, 2020. Tyrone Siu | REUTERS Disney's Hong Kong-based theme park will finally be permitted to...

Delta will delay decision to furlough pilots until November, union says

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. Elijah Nouvelage | Reuters Delta Air Lines has agreed to delay the...

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