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Virgin Atlantic cuts more than 3,000 jobs to mitigate 'devastating' coronavirus impact

Virgin Atlantic announced it will cut 3,150 jobs, becoming the airline to announce a reduction in headcount because of the coronavirus crisis.




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Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 318,900 people across the state as of Tuesday.




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Sweden, UK and three other European nations are not seeing a drop in coronavirus cases, EU agency says

The European Union's agency for disease control has said that the U.K. is among five countries in the region that are still not seeing a decline in new coronavirus cases.




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Watch live: New Jersey Gov. Phil Murphy holds a press conference on the coronavirus outbreak

On Monday, the governor directed all private and public school leaders to update their preparedness plans to continue remote learning for the rest of the school year.




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Trump's hostility toward a digital tax could unite Europe to implement one, lawmaker says

Disagreements with U.S. President Donald Trump could drive Europe to step up levies on companies like Google and Facebook, a lawmaker told CNBC.




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EU predicts region will contract 7.4% this year in worst economic shock since 1930s

In February, the European Commission estimated a 1.4% rise in GDP for the EU this year.




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Millions of people are expected to fall ill with tuberculosis due to coronavirus lockdown

"This situation makes me sick, because (it) is totally avoidable," Lucica Ditiu, executive director of the Stop TB Partnership, said.




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Spotify removes podcast featuring interview with conspiracy theorist David Icke, while Apple stalls

The streaming service pulled the episode hours after CNBC brought it to the company's attention, but Apple is yet to pull the same podcast.




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UK could start lifting coronavirus lockdown measures from Monday, PM says

"We will want, if we possibly can, to get going with some of these measures on Monday," U.K. Prime Minister Johnson told Parliament.




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Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 321,100 people across the state as of Wednesday.




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Coronavirus app U-turn? Britain's NHS pays Swiss firm to investigate Apple and Google model

The NHS's digital innovation arm is paying Zuhlke Engineering £3.8 million to investigate the "decentralized" framework developed by Apple and Google.




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Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 323,900 people across the state as of Thursday.




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TikTok has quietly made London its main hub in Europe

The Chinese-owned social media app is hiring artificial intelligence and software engineers in the U.K. capital.




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German court ruling on ECB purchases is 'laughable,' Societe Generale chair says

Germany's constitutional court threatened to block fresh purchases of German bonds through the European Central Bank's program.




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Watch live: World Health Organization holds press conference on the coronavirus outbreak

The World Health Organization is holding a briefing Friday on the coronavirus, which has infected more than 3.8 million people worldwide and killed at least 269,881.




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China set for further 'deceleration and growth' in 2019: Blackrock

Helen Zhu, head of China Equities at Blackrock, weighs in on the release Monday of China's fourth quarter economic data.




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Sterling could rise on continued Brexit negotiations: Strategist

Sim Moh Siong, FX strategist at the Bank of Singapore, says there is "scope for more upside" for sterling if Brexit negotiations roll on past the March deadline.




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UK general election more likely than second Brexit referendum: Professor

Cedomir Nestorovic, professor of geopolitics at ESSEC Business School, predicts that U.K. Prime Minister Theresa May's second Brexit deal will likely be rejected Monday, creating further scope for a near-term general election.




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Customs union has not helped UK firms, economist says

Gerard Lyons tells CNBC there is too much fear about leaving the EU without a deal.




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Washington's heart 'really isn't in it' with Russia sanctions: Director

Samuel Greene, director of the Russia Institute and reader of Russian politics at King's College London, speaks to CNBC about new U.S. sanctions on Nord Stream 2.




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You can't deal with international trade if not multilaterally, OECD chief says

Angel Gurria, secretary general of the OECD, discusses U.S.-China trade, multilateralism and digital taxes.




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US is best positioned to fill India's natural gas needs: Energy Secretary

U.S. Energy Secretary Dan Brouillette talks about the strategic energy partnership with India, and how it will boost trade in oil and natural gas.




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The economic decline in the first quarter reveals even weaker consumers and more unknowns ahead

Consumers reined in spending faster than expected in the first quarter, probably even before states issued stay-at-home orders.




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Jobless claims tally could top 30 million if new filers are close to last week's level

About 4 million workers could have filed for unemployment benefits last week, bringing total claims above 30 million in just six weeks.




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Green shoots: Wednesday was one of the most positive days for the stock market on many fronts

Stocks are looking past terrible economic news and finding hope in a reopening economy and the idea that drugs may help fight coronavirus.




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Stocks making the biggest moves in the premarket: Twitter, Comcast, McDonald's, Tapestry & more

The stocks making the biggest moves in premarket trading include Twitter, Comcast, McDonald's Tapestry, and more.




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Stocks making the biggest moves after hours: Amazon, Apple, Western Digital and more

Check out the companies making headlines after the bell.




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New York City's subway system may turn to the Federal Reserve for a loan, meets bond investors Friday

Squeezed by a lack of ridership, the authority that runs New York City's subways and buses may go to the Federal Reserve for a loan




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Stocks making the biggest moves in the premarket: Exxon, Chevron, Clorox, Honeywell & more

The stocks making the biggest moves in premarket trading include Exxon, Chevron, Clorox, Honeywell, and more.




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Stocks making the biggest moves midday: Disney, American Airlines, Tyson Foods and more

These are the stocks posting the largest moves in midday trading.




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The way out of the recession depends on the level of consumer fear, economists say

Never before has the U.S. fallen into a recession led by the services sector, so there is no real road map for the recovery.




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Stocks making the biggest moves in the premarket: Pfizer, DuPont, Wayfair, Shake Shack & more

The stocks making the biggest moves in premarket trading include Pfizer, DuPont, Wayfair, Shake Shack, and more.




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Stocks making the biggest moves midday: Starbucks, Chevron, Norwegian Cruise Line, Alphabet & more

Starbucks jumps as the coffee chain rolls out a reopening plan in the U.S. while Chevron leads energy stocks higher amid a surge in crude.




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Oil surges on big bet that drivers will take to the roads as states reopen

Oil prices are rising as producers cut output and investors bet the U.S. consumer will help drive the industry out of its demand crisis.




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Stocks making the biggest moves midday: Beyond Meat, Wendy's, General Motors & more

Check out the companies making headlines in midday trading.




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Oil rebound may have gone too far, based on just tentative supply and demand improvements

Signs that Americans are driving more are helping lift oil prices, but analysts say a 60% jump in prices in just a week may be too much.




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Stocks making the biggest moves in the premarket: Raytheon, ViacomCBS, Moderna, JetBlue & more

The stocks making the biggest moves in premarket trading include Raytheon, ViacomCBS, Moderna, JetBlue, and more.




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April job losses may top 20 million, weekly jobless claims report signals

The number of continuing jobless claims rose to a greater-than-expected 22.6 million last week, signaling April job losses over 20 million.




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April employment report is expected to show more than 20 million lost jobs and depth of pain as US economy shut down

April's jobs report will be horrific, and with the worst job losses ever, it should provide a critical look into the economy's collapse.




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Recovery could be slow, uneven and dependent on whether companies still need as many workers

There's optimism that nearly 4 in 5 workers surveyed see their layoffs as temporary, but the issue is whether their jobs will survive.




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Stocks are expected to trade the economy's reopening in the week ahead

Investors will watch the economy's reopening, Fed Chairman Powell, and and economic reports, including retail sales in the coming week.




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A blind chart reading can help remove bias on this major stock index

Taking a blind read of a chart may be the best way to put aside sentiment and make a cool-headed decision.




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It's a very bearish situation for the US dollar

The U.S. dollar index appears headed toward a level of 85 going by technical indicators that show "a very bearish situation."




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The Trump honeymoon with the S&P 500 is over and separation is underway

Marked changes in volatility and direction for the S&P 500 on the chart show investors are exiting on rallies.




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Oil is on a steady and sustainable uptrend

This is not an erratic breakout trend driven by reactions to global risk factors. This is a steady, sustainable uptrend breakout, according to Daryl Guppy.




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The Nikkei is demonstrating a classic chart pattern. Here's what that means

The initial upside target for the Nikkei 225 is the historical resistance level near 23,000, according to Daryl Guppy.




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The behavior of the Australian dollar is a contradiction

On the one hand the Australian market is making new 10 year highs, on the other, the Australian dollar has broken a long term uptrend and is rapidly moving towards 12-month, and potentially, two-year lows.




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The S&P is setting up to benefit traders — and stymie long-term investors

The S&P 500 may be headed for a long, slow sideways pattern, and that's good for traders, according to Daryl Guppy.




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The dollar is set to be on the rebound, expect a potentially fast rally

The key question now is about the strength of the pullback for the dollar, and the potential to develop a new rebound rally, according to Daryl Guppy.




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What to watch in Australia's market-currency contradiction

The market contradiction with the Australian dollar persists, writes Daryl Guppy.