As they struggle to fill rooms amid the Covid-19 pandemic, luxury hotels are enticing a new batch of clientele — local workers yearning to escape their home offices. Daily rentals come with access to pools, gyms and saunas, and are often priced at a fraction of nightly room rates.
Ellevest CEO Sallie Krawcheck, who co-founded the digital investment firm for women, explained how the pandemic is affecting women, and women of color even more severly.
Salesforce CEO Marc Benioff told CNBC's Jim Cramer that face masks can stop the coronavirus crisis in the U.S. in "just three weeks." The two are sponsoring a mask design challenge.
As the world grapples with climate change and an economic downturn, new research from the World Resources Institute suggests that sustainable ocean-based investments will yield benefits at least five times greater than the costs.
Either Crown Castle becomes a leaner, meaner cell tower play with a high dividend, or the company ups its game to fend off Elliott Management's activist position, the "Mad Money" host said.
The manufacturing process is already underway even though they aren't sure which vaccine, if any, will work, a senior Trump administration official told reporters Monday. He said they are already buying equipment, securing the manufacturing sites and, in some cases, acquiring the raw materials.
White House coronavirus advisor Dr. Anthony Fauci said that the United States is seeing a surge in new Covid-19 infections because the country never shut down entirely.
California Gov. Gavin Newsom on Monday ordered all counties in the state to close all bar operations and the indoor operations of businesses including restaurants, movie theaters and museums, as Covid-19 cases continue to climb.
Luckin Coffee has ousted co-founder and chairman Charles Zhengyao Lu and replaced him with Jinyi Guo, who will also be the chief executive officer, the embattled coffee chain disclosed on Monday.
Officials from the Ventura County Sheriff's office confirmed Monday that the body discovered at Lake Piru earlier that day has been identified as "Glee" actress Naya Rivera, officials said. She was 33.
Jeffrey Epstein, a wealthy investor who was a former friend of Presidents Donald Trump and Bill Clinton, died from what has been ruled a suicide in a Manhattan jail.
"We will not condone activity or behavior that creates an unwelcoming or offensive environment for any of our fans or drivers," an Superstar Racing Experience spokesperson told CNBC.
The Covid-19 death rate is rising again in the U.S. with an average of 700 new deaths a day as of Sunday, according to a CNBC analysis of Johns Hopkins University data.