Category Archives: CNN – Business

SeaWorld is temporarily furloughing over 90% of its employees

SeaWorld is temporarily furloughing over 90% of its employees

SeaWorld is temporarily furloughing over 90% of its employees as of April 1 because of the coronavirus pandemic. Its workers won’t be paid after March 31 but will be eligible for unemployment benefits, the company stated in an SEC filing. “Our parks will remain closed and are unable to generate revenue; therefore, we have made…MORE

French Laundry restaurateur Thomas Keller sues insurer for coronavirus losses

French Laundry restaurateur Thomas Keller sues insurer for coronavirus losses

Thomas Keller, the famed chef behind restaurants including The French Laundry and Per Se, is seeking a court judgment to confirm his insurance company should cover coronavirus-related business losses. Keller’s attorney says the suit against insurer Hartford Fire Insurance Company — and other similar challenges filed by restaurant owners — is intended to establish legal…MORE

ESPN’s NBA analyst Doris Burke tested positive for coronavirus

ESPN’s NBA analyst Doris Burke tested positive for coronavirus

Doris Burke, who works as an NBA analyst for ESPN, says she is now symptom-free, after testing positive for coronavirus earlier this month. Burke talked about her experience with ESPN’s Adrian Wojnarowski on Friday’s episode of “The Woj Pod.” She felt her first symptoms on March 11, she said, the same day the NBA suspended…MORE

Boeing will seek federal help — but won’t give taxpayers a stake

Boeing will seek federal help — but won’t give taxpayers a stake

Boeing still expects to get some help from the federal government. Just not the same kind of help that the airlines are set to receive. Although the federal government likely will end up owning stakes in the nation’s airlines, taxpayers probably won’t receive shares of Boeing. The aircraft maker asked for help from the federal…MORE

Trump in crisis mode uses Hannity interview to attack the media and Democratic governors

Trump in crisis mode uses Hannity interview to attack the media and Democratic governors

President Trump’s media allies and social media attack dogs are deflecting criticism of the federal government’s response to the coronavirus pandemic by giving viewers and Twitterers other targets of ire. The targets include Democratic governors, presidential candidate Joe Biden and even a key member of Trump’s coronavirus task force, National Institute of Allergy and Infectious…MORE

American craft brewers were already in trouble. Then came coronavirus

American craft brewers were already in trouble. Then came coronavirus

America’s craft brewers were headed for a rocky spell before the coronavirus pandemic. Now, many are worried their livelihoods could be doomed. In 2019, more than 300 small and independent brewers closed — the largest total in a single year. Sales at the high-overhead operations shrank as the market overflowed with competition: A record 8,000-plus…MORE

In the race to secure medical supplies, countries ban or restrict exports

In the race to secure medical supplies, countries ban or restrict exports

The European Union announced on March 15 it was restricting exports of personal protective equipment, including face shields, surgical masks and gowns. India banned the export of ventilators and sanitizers on March 24. On Wednesday, Switzerland began requiring licenses for exports of masks, gloves, goggles and swabs. “It’s the least we can do for the…MORE

$50 billion airline bailout won’t be enough to save US industry

$50 billion airline bailout won’t be enough to save US industry

The $50 billion airline bailout passed by the Senate will help keep the airlines alive, but it won’t solve the industry’s most severe crisis in its history. Only passengers can do that. “We have an airline industry right now that is flying empty planes,” said airline consultant Mike Boyd. “This isn’t going to save the…MORE