Business News

More Than 5 Million Customers Affected In Latest…

The hotel chain says a system containing guests' names and personal information was accessed.

Carnival Corp. Seeking Billions To Handle…

The coronavirus has forced many cruise lines, including ones owned by Carnival Corporation, to suspend operations.

American Airlines Says It Will Seek $12B In…

Airline executives said the government assistance "will allow us to fly through even the worst of potential future scenarios."

Crocs Donating Shoes To Health Care Workers Amid…

​Health workers across the U.S. can request a free pair of the company's shoes through its website.

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Singapore Airlines To Slash Operations Amid…

​The company said it will reduce capacity by 96% due to recent global border restrictions.

Unemployment To Hit 30% Because Of Coronavirus…

James Bullard told Bloomberg News the second quarter will likely see a 50% drop in gross domestic product as well.

Nikki Haley Resigns From Boeing's Board Of…

The former U.S. ambassador to the U.N. resigned over the company's request for government aid in response to the coronavirus pandemic.

Unemployment Claims Rise Amid Outbreak

As coronavirus outbreak triggers layoffs, unemployment claims are on the rise.

U.S. Automakers Willing To Produce Ventilators At…

Ventilators, which help patients breathe, are being used by hospitals to treat some of the more severe coronavirus cases.

New York Stock Exchange To Close Floor, Shift To…

​The NYSE's president said two people tested positive for the coronavirus but that the building has been cleaned since they were last inside.

Big Three Automakers Agree To Halt Production…

Ford, Fiat Chrysler and General Motors will stop production in North America.

Federal Reserve Activates Economic Safeguards…

The Fed is using two emergency lending programs to help keep credit flowing.

Union Urges 3 Major Automakers To Halt Production…

The United Auto Workers union is urging Ford, Fiat Chrysler and General Motors to pause production in Detroit for two weeks.

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McDonald's Closes Its Seating Areas, Asks…

The fast food giant said​ its taking the measure "to align with increasing regulations throughout the country."

Dow Falls More Than 2,000 Points Due To…

The coronavirus has led to a global drop in demand for oil, but Russia has refused to limit production.

Coronavirus Worries Bring Mortgage Rates To…

The mortgage buyer said Thursday that a 30-year fixed mortgage fell from a 3.45% average rate last week to 3.29% this week.

BMW Unveils New Logo ... Sort Of

The new design gets rid of the black ring, is more transparent and has flatter text.

United Airlines To Cut U.S. Flights Due To…

​The company said it will reduce passenger-carrying capacity by 10% for U.S. and Canadian flights and 20% for international flights.

Dow Jones Experiences Worst Week Since 2008…

The Dow Jones just saw its biggest weekly loss in over a decade, and the coronavirus outbreak is to blame.

FDA Accuses Jimmy John's Of Using Contaminated…

The FDA said the fast food chain used "adulterated" produce which could be tied to outbreaks in "no fewer than 17 states" over 7 years.

Disney CEO Bob Iger Steps Down

After serving as CEO for 15 years, ​Iger said he's going to focus more on the creative side of the company.

Global Stock Markets Plunge After Surge In…

South Korea and Italy both saw spikes in reported coronavirus cases over the weekend.

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How Can U.S. Businesses Handle Coronavirus…

While the risk of contracting the virus in the U.S. is low, some businesses are looking for ways to address their employees' concerns.

The CEO Of Victoria's Secret's Parent Company Is…

The brand has reported a decline in sales, and both the company and its CEO have faced public scrutiny in recent months.

Foreign Objects Discovered In Some Boeing 737 Max…

Foreign objects were found in some 737 Max planes being stored in Washington state and in San Antonio.