Business

A pedestrian wearing a face mask walks past a stock indicator displaying share prices of the Tokyo Stock Exchange in Tokyo on February 3, 2020. BEHROUZ MEHRI | AFP via Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 79,400Total

Crawfish concierge at Ritz-Carlton New Orleans. Source: Ritz-Carlton New Orleans Pantelis Evangelou is a guest services manager at the London Marriott Park Lane, but to young guests, he may be better known as the hotel’s teddy bear butler. The hotel offers a teddy-bear themed concierge service to children that is included with suite bookings or

At least a few executives at major automakers have indicated that electric cars are the way of the future, and several of them are making big bets on battery-powered vehicles. But at least in the United States, the market seems to belong almost entirely to Tesla. The California carmaker’s Model 3 midsize sedan far outstripped

The eighth-generation Chevrolet Corvette started its life as a Frankenstein test vehicle that parts of the previous generation sports car and Australian-made pickup called the Holden Ute, codenamed internally as “Blackjack.” That included exterior features of the pickup. Michael Wayland / CNBC LAS VEGAS – General Motors took unprecedented steps in an attempt to hide

2020 Chevrolet Corvette GM LAS VEGAS – The performance, price and mid-engine layout of the 2020 Chevrolet Corvette have been well-documented. If you need a reminder, the vehicle has Chevrolet’s LT2 small-block 6.2-liter V8 engine that’s rated at 495 horsepower and 470 pound-feet of torque. It can achieve 0 to 60 miles per hour in

Image of the 1:10 Hot Wheels R/C Tesla Cybertruck by Mattel. Mattel Image of the 1:10 Hot Wheels R/C Tesla Cybertruck by Mattel. The 1:64 scale model, around 3 inches long, is the same size as a traditional Hot Wheels car, so it can be used with any of Mattel’s car tracks, the toymaker said.

A health worker sprays disinfectant inside a Vietnam Airlines airplane to protect from the recent coronavirus outbreak, at Noi Bai airport in Hanoi, Vietnam February 21, 2020. Kham | Reuters Airlines have canceled more than 200,000 flights as the coronavirus continues to spread, prompting travel restrictions and a sharp drop in demand for trips to

Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York. Brendan McDermid | Reuters Gap is the latest retailer to dip its toes into the secondhand apparel market, following the lead of Macy’s, Nordstrom and others, in a bid to stay relevant in an industry

2020 Chevrolet Corvette Michael Wayland / CNBC LAS VEGAS – The success of the 2020 Chevrolet Corvette won’t solely be defined by the car’s profits, performance or initial sales, which the company is describing as “unprecedented.” The success of the eighth-generation Corvette will largely rest on whether the mid-engine vehicle can attract a new generation

This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 75,200 Total deaths: At least 2,007 12:49 pm: Fed’s Kashkari warns US could feel economic impact from persistent outbreak Minneapolis Federal Reserve President Neel Kashkari warned the U.S. would likely feel economic effects

Ford has had its share of struggles lately, including last year’s launch of its bestselling 2020 Explorer, a popular sport utility vehicle thought to be a bit of a cash cow for the automaker. Ford said in February that its president of automotive, Joe Hinrichs, would retire. Hinrichs oversaw operations for the automaker. Some automotive

Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond is beginning to test changes in stores that it eventually could roll out to hundreds of locations, if it can draw shoppers in. The big-box retailer said Tuesday it plans to spend up

Walmart logo is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Yichuan Cao | NurPhoto | Getty Images Walmart CEO Doug McMillon said Tuesday the retailer’s heavy spending on e-commerce has built a thriving online grocery business and touted that it has a strong portfolio of brands and

Luke Sharrett | Bloomberg | Getty Images Pier 1 announced Monday that it began Chapter 11 bankruptcy proceedings in Virginia and that it is pursuing a sale of the company. The home furnishings chain said in a release that it filed for bankruptcy in the U.S. Bankruptcy Court in Richmond, Virginia, after warning in less than

As Walmart’s online sales grow, the retailer has seen another number grow, too: Its e-commerce losses. OR As Walmart’s online sales grow, the retailer has seen its e-commerce losses grow, too. Analysts are waiting to see whether those losses have peaked or if they’ll continue to rise. The Bentonville, Ark.-based retailer is spending heavily to

Riyad Mahrez of Manchester City in action during the Premier League match between Manchester City and Huddersfield Town at Etihad Stadium on August 19, 2018 in Manchester, United Kingdom. Michael Regan/Getty Images The Union of European Football Associations (UEFA) declared on Friday it has banned Manchester City from European competitions for two seasons for “serious

A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images After weeks of assessing concerns about the placement of wiring bundles in 737 Max airplanes, Boeing has submitted its initial recommendation to the FAA for how to resolve the issue. Sources say Boeing believes it does not

United Airlines on Friday pulled the Boeing 737 Max from its schedule until Sep. 4 and expects to cancel more than 7,700 flights from June through September, after the manufacturer warned last month that it doesn’t expect regulator approval for the planes until mid-year. American Airlines followed suit with a schedule adjustment on Friday, removing

Josephine Skriver attends the debut of Victoria’s Secret’s new fall collection at Natick Mall on August 17, 2019 in Natick, Massachusetts. Taylor Hill | Getty Images Talks to sell L Brands‘ Victoria’s Secret brand to private equity firm Sycamore Partners will spill into next week, as the complex deal structure creates headaches for its advisors,

This is a live blog. Please check back for updates. Total confirmed cases: More than 64,000Total deaths: At least 1,380 9:03 am: Virus risk to US is ‘very low,’ but that could change ‘rapidly,’ Azar says The American public’s risk of getting infected with the new coronavirus is “very low” but that could change “rapidly,”

Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images Simon Property Group is on a buying spree as America’s mall operators grapple with declining foot traffic and some struggle to keep their doors open. The biggest mall owner in the U.S. is close to

Barbie dolls for sale at a Target store. Scott Mlyn | CNBC Mattel turned in mixed fourth-quarter results after holiday revenue was weighed down by continuing sales declines in its American Girl and Fisher-Price brands. The company’s stock initially dropped, but now was up about 5% in extended trading, after posting the results. Sales during

A man pushes a man on wheelchair past a propaganda banner on a wall in a hutong, following an outbreak of the novel coronavirus in the country, in Beijing, China February 11, 2020. The Chinese characters on the banner read, “Strengthen self-protection, do not panic, believe in science, do not spread rumours”. Tingshu Wang |

Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Kohl’s is laying off 250 people as it restructures parts of its business following a dismal holiday season. The changes will help Kohl’s streamline communications and eliminate the overlap of management positions, Kohl’s senior vice president of communications, Jen Johnson,

A woman wearing a mask is seen as the country is hit by an outbreak of the novel coronavirus in Shanghai, China February 10, 2020. Aly Song | Reuters This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 45,000Total deaths: At least

Toronto Raptors guard Kyle Lowry kisses the trophy after the Toronto Raptors beat the Golden State Warriors in the NBA Finals, Game 6 at Oracle Arena, June 13, 2019. Rick Madonik | Toronto Star | Getty Images Winning may be the best way to boost an NBA team’s value, according to Forbes’ franchise valuations, but

Medical workers in protective suits move a patient at an isolated ward of a hospital in Caidian district following an outbreak of the novel coronavirus in Wuhan, Hubei province, China February 6, 2020. China Daily | Reuters This is a live blog. Check back for updates. All times below are in Eastern time. Total confirmed

A woman wearing a protective mask looks at her mobile phone while waiting for transport at Hongqiao high-speed railway station before Lunar New Year in Shanghai, China, Jan. 22, 2020. Qilai Shen | Bloomberg | Getty Images China has released a mobile app that tracks people and alerts them if they have been in “close

Hospital staff in protective garments walk at a checkpoint to the Hubei province exclusion zone at the Jiujiang Yangtze River Bridge in Jiujiang, Jiangxi province, China, as the country is hit by an outbreak of a new coronavirus, February 1, 2020. The banner reads: ‘Committed to the fight to prevent and control the epidemic’. Thomas

“Parasite” producers Kwak Sin-ae (L) and Bong Joon-ho (R) accept the award for Best Picture for “Parasite” during the 92nd Oscars at the Dolby Theatre in Hollywood, California on February 9, 2020. MARK RALSTON For the first time ever a non-English language film has won the best picture Oscar at the Academy Awards. On Sunday,