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Responsibility for coronavirus precautions at airports is a 'game of hot potato'

As government authorities and airlines think about coronavirus health screenings, it isn't clear who's in charge of carrying out new policies.




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When will we start traveling again? Here's what experts are saying

While the experts acknowledged that they didn't have a crystal ball, they all agreed that it would take around 18 to 24 months before there's a significant spike in demand and the industry begins to return to normal levels. In the meantime, the travel industry will undergo some very big changes.




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Airbnb to lay off nearly 1,900 people, 25% of company

Airbnb plans to lay off as many as 1,900 employees, or about 25% of the company, a source confirmed to CNBC on Tuesday.




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United Airlines service workers' union sues over schedule cuts after carrier got federal aid

United fleet and passenger service workers are suing the airline over a planned cut to their hours, saying it violates their contract and the law providing billions in coronavirus aid from the government.




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United Airlines makes some worker schedule cuts voluntary after outcry, lawsuit from union

United is walking back some worker schedule cuts, making them voluntary, after a lawsuit from the employees' union




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Airbnb's future is uncertain as it continues to struggle through its Covid-19 response

Airbnb is one of the many businesses in the travel industry that has been hit hard by the coronavirus pandemic. In March of 2017, Airbnb was valued at $31 billion, but by the end of April 2020 that value dropped to $18 billion. With the threat of more cancelations as the pandemic halts travel, guests, hosts and investors alike are left asking what Airbnb will look like after the novel coronavirus, or whether the company will survive at all.




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Airlines want relief from flying near-empty planes as passenger numbers hit lowest since the 1950s amid virus

Airlines want the government to loosen the amount of air service they're required to provide as the number of passengers on board hits the lowest since the 1950s.




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Frontier Airlines becomes first US airline to institute temperature checks

The travel landscape continues to evolve during the coronavirus pandemic. CNBC's Phil LeBeau reports the details about temperature checks for airline passengers.




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NYC had to move more than 250 homeless people out of subways to disinfect trains

More than 250 homeless people were moved out of New York City subway trains, as the city's subway system closed early Wednesday to begin its first scheduled shutdown to help prevent the spread of the coronavirus.




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Russia posts record daily new coronavirus cases, UK economy could shrink 14% this year

Russia reported 11,231 additional cases of the coronavirus disease to bring the country's tally to 177,160 since the outbreak.




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Millions of 'easy-to-use' coronavirus tests will be available by end of summer, top US health official says

Americans need coronavirus tests "that do not require hours or days to determine results," the head of the NIH tells Congress.




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Why you should create a 5-year money plan even when the future is uncertain

Studies have found that the pre-trip planning can be the most enjoyable part of a vacation. Applied to your finances, that could mean there is great joy to be had in planning out how you will buy a home one day, or how much you'll need to splurge on a bucket list trip.




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Why Kevin O'Leary would have said no to Tesla on 'Shark Tank'

Here's why investor Kevin O'Leary would have passed on Elon Musk in the early days.




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When will hospitals and doctors' offices be open for normal business again? Here's what health experts think

Hospitals are looking for ways to re-open their doors to patients in a way that limits their risk of exposure.




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Uber shares shoot up after CEO says ride volume is increasing again after April bottom

Uber reported first-quarter earnings on Thursday, and while the company lost $2.9 billion during the quarter, the stock rose after hours on optimistic comments from CEO Dara Khosrowshahi.




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Apple is reportedly starting to build some of its AirPods in Vietnam

About 30% of the company's classic AirPods will be produced in Vietnam rather than China, the Nikkei Asian Review reported.




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Tesla secures $565 million loan for Shanghai factory

Electric carmaker Tesla has entered into an agreement for a working capital loan of up to 4 billion yuan ($565.51 million) with a lender from China for its Shanghai car plant, according to a regulatory filing on Friday.




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The US wind industry installed over 1,800 megawatts in first quarter, but the coronavirus remains a risk

The renewable energy sector is being affected by the coronavirus in a number of ways.




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In Sweden, hydrogen has been used to heat steel in a bid to boost sustainability

Hydrogen was used instead of liquefied petroleum gas.




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Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm

"We must reduce budget expenditures sharply," the Saudi finance minister said over the weekend. "Saudi finances need more discipline and the road ahead is long."




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Bioplastics developer raises $133 million in new funding in quest to replace single-use plastics

RWDC Industries, which makes a sustainable material solution that can be used as a substitute for plastic, raised $133 million in Series B funding.




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Oil surges 20%, posts fifth straight day of gains for first time since July

Oil prices jumped on Tuesday in their fifth straight day of gains as traders eyed demand recovery as economies reopen.




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Oil reverses gains and turns negative as supply glut weighs

Oil moved between gains and losses on Wednesday amid hopes for a recovery in demand as some countries ease coronavirus lockdowns, while oversupply fears continued to weigh.




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Oil jumps on China export bounce but long-term outlook remains weak

Oil prices jumped on Thursday on news that China's exports unexpectedly rose last month, and on the back of U.S. output cuts and the slow return of some activity in Europe.




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Oil drops nearly 2%, erasing earlier gain of more than 11%

Oil prices reversed gains to settle lower on Thursday, despite optimism surrounding producers scaling back production as well as demand improving.




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Oil jumps 5%, posts second straight week of gains

Oil prices gained on Friday as more countries began relaxing restrictions put in place to halt the coronavirus pandemic, raising hopes that demand for crude and its products will start to pick up.




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Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet

Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival.




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Instagram announces new features for small businesses including gift cards, food orders and fundraisers

Starting Wednesday in the U.S. and Canada, Instagram users can tap on a gift card or food order to make a purchase through a company's site. Fundraisers created by a business or its supporter open on Facebook.




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NBCUniversal's Peacock has a buffer against ad slowdown with launch partners — here's why they signed up

Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend.




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Nordstrom is preparing to reopen its stores. Here's what the retailer is changing

Nordstrom is preparing to reopen some of its department stores, following the lead of Macy's, offering a glimpse at how shopping will be different coming out of the coronavirus pandemic.




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Men's shirt retailer Untuckit taps real estate restructuring firm to renegotiate deals during coronavirus

The move by Untuckit comes as a number of retailers are looking to renegotiate deals with their landlords, or shut stores entirely, as the Covid-19 pandemic has forced doors temporarily shut to try to curb the spread of the virus.




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Luxury retailer Neiman Marcus files for bankruptcy as it struggles with debt and coronavirus fallout

The luxury department store chain had been struggling with competition from online rivals and dwindling cash before the pandemic.




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The meat supply chain is broken. Here's why shortages are likely to last during the coronavirus pandemic

Challenges with the country's meat supply chain will likely linger as long as the coronavirus pandemic does causing periodic shortages.




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Coronavirus mortgage bailout program grows again as more homeowners delay payments

Applications to the government's mortgage bailout program have been swelling at a rate of about half a million a week.




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WeWork's Adam Neumann once said he had a 'beautiful relationship' with SoftBank's Masa Son; now he calls out 'abuse of power' in lawsuit filing

In the lawsuit, Neumann accuses Softbank of backing out of a key provision of its nearly $10 billion bailout agreed to in October. Neumann was the biggest beneficiary of the deal that would have seen him cash out $970 million worth of his stake in the coworking startup.




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Mall owner Brookfield will spend $5 billion to save retailers

Property and mall owner Brookfield Asset Management is targeting spending $5 billion to help struggling retailers, as the retail industry reels from the coronavirus pandemic, the company announced Thursday.




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Mortgage bailout swells to 4.1 million borrowers, but demand is slowing

In the past week, 225,000 more borrowers took advantage of government and bank mortgage forbearance programs, according to data firm Black Knight.




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Shanghai Disneyland tickets sellout for opening day, signaling pent up demand for theme parks

It seems Chinese consumers aren't afraid to return to theme parks. Tickets for Monday's reopening of Shanghai Disney sold out within minutes.




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Rural retail chain owner Stage Stores prepares for bankruptcy that could come as soon as next week

Stage Stores has about 700 department stores predominately in small towns and rural communities. It employed roughly 13,600 full-time and part-time employees as of February.




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Booking Holdings CEO says a coronavirus vaccine is needed to make travelers feel safe again

Even as economies start to reopen, Booking Holdings CEO Glenn Fogel said the travel industry will take years to recover to pre-coronavirus levels.




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The Fed may provide more details on the policy 'bazooka' it fired to help markets

The Fed is not expected to adjust rates but it could provide details on the unprecedented moves it has made to fight the virus impact.




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Pending home sales tank nearly 21% in March, but Realtors claim prices will hold up

Home sales took a deep dive in March as the coronavirus pandemic shut down much of the economy, and homebuyers and sellers pulled out of the normally busy spring market.




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8-month 'structured lockdowns' could halve economic damage from the coronavirus, research claims

Researchers at Cambridge University and the U.S. Federal Reserve Board found that imposing no lockdown measures in the face of Covid-19 was "extremely risky" for developed economies.




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US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks

Jobless claims for the week ended April 25 came in at the lowest level in a month but bring the rolling six-week total to 30.3 million as part of the worst employment crisis in U.S. history




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Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter

"More policy support will be needed from the Fed and possibly also fiscal policy. It just depends on how this evolves," Clarida told CNBC.




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Hydroxychloroquine fails to help hospitalized coronavirus patients in US funded study

Hydroxychloroquine, a decades-old malaria drug touted by President Donald Trump, didn't appear to help hospitalized patients with Covid-19, according to a new observational study.




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Trump says coronavirus tests are 'overrated,' but he will get tested daily

The new daily testing policy for the president and the people in his circle comes hours after the White House acknowledged that a personal valet for Trump tested positive for Covid-19.




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California Gov. Gavin Newsom unveils health guidelines for retailers and manufacturers to reopen starting Friday

California Gov. Gavin Newsom announced on Thursday a list of health guidelines that retailers, manufacturers and warehouses must adopt to begin offering curbside pick-up as early as Friday.




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California identifies nail salons as source of coronavirus community spread, Gov. Newsom says

Unlike some other states that have announced reopenings, California nail salons won't be allowed to reopen until the state's phase 3.




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Frontier Airlines to check passenger temperatures. Too high, you won't fly

Before boarding, passengers and crew members will have their temperatures checked at the gate. If someone registers a temperature of 100.4 or higher, they will be kept at the gate.