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Tag Archives: coronavirus

British Airways’ looks to raise millions in art sale to ease coronavirus cash crunch

A painting by Bridget Riley valued at up to £1.2 million ($ 1.37 million) will kickoff a sale of British Airways’ corporate art collection as the struggling airline looks to raise cash amid an unprecedented global collapse in passenger demand caused by the coronavirus pandemic. Sotheby’s will offer 17 paintings, …

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Market Snapshot: S&P 500 tops 3,200 and Nasdaq hits record, lifted by renewed hope of coronavirus vaccine

Stocks rallied Monday as investors cheered news that the Food and Drug Administration granted “fast track” status to a pair of vaccine candidates produced by Pfizer Inc. and German biotech firm BoNTech SE. The upbeat mood on Wall Street comes even as investors prepare for a tough earnings season. What …

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NewsWatch: S&P 500 earnings set to plunge as the coronavirus batters all sectors — with Wall Street counting on a bounce that may not come

MARKETWATCH FRONT PAGE The one certainty about the outlook for companies in a COVID-19 world is that second-quarter earnings will be very bad, the worst in over 10 years. See full story. The Biden-Sanders climate-change policy pact: 8 key features Presidential candidate Joe Biden has advanced environmental policy recommendations that …

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Coronavirus update: U.S. case tally edges toward 3 million after record one-day count and Florida intensive-care units are filling up

The number of U.S. cases of COVID-19 edged closer to 3 million on Wednesday, and intensive-care units in Florida were filling up, as the U.S. counted a record number of new cases of the deadly illness in a single day, in the latest sign that the virus is far from …

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Economic Preview: Just when it seemed safe to go back to restaurants a new coronavirus outbreak threatens U.S. jobs recovery

The U.S. got some great news Thursday with the rehiring of 4.9 million people in June, but the two steps forward the economy took in May and June could be followed by one step back in July. The problem? A resurgence in coronavirus cases, especially in states that allowed their …

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: Mexico tightens border to U.S. southern states ahead of 4th of July celebrations as coronavirus cases spike

Mexico’s state of Sonora has toughened its border restrictions ahead of a the Fourth of July holiday in the U.S., typically a heavy time of tourism, as cases of coronavirus spike in America. “We are all going to be on alert at this time to prevent them from coming, whether …

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U.K. airline easyJet to close three of its airport hubs as coronavirus wreaks further havoc

U.K.-based budget airline EZJ, +0.11% said on Tuesday it is considering shutting three of its airport hubs because of the steep drop in travel demand caused by coronavirus. The carrier said in a statement it could close bases at London Stansted, London Southend and Newcastle airports as part of wider …

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Coronavirus update: Pandemic is ‘not even close to being over,’ says WHO head, urging better testing — and face masks

The coronavirus pandemic is “not even close to being over,” according to the head of the World Health Organization, and the worst is still to come, in what was a grim assessment of the state of affairs some six months after the first cases were reported in China. “Six months …

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Coronavirus vaccine still might not lead to herd immunity in U.S., Fauci warns

The U.S. is “unlikely” to develop herd immunity to COVID-19, Dr. Anthony Fauci said Sunday, due to the likely combination of only a partially effective vaccine and the large number of people who refuse to take it. Speaking Sunday night to CNN’s Elizabeth Cohen as part of the Aspen Ideas …

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