CNBC Business

Virgin Group founder Sir Richard Branson is preparing to sell up to $504.5 million of his stake in space tourism company Virgin Galactic.

Avianca, Latin America's second-largest airline, filed for bankruptcy protection after failing to meet a bond payment deadline.

Stock futures dropped Monday after the Dow logged back-to-back gains and the Nasdaq advanced every day last week.

Russia has reported more than 11,000 new coronavirus cases Monday while Spain's daily coronavirus death toll has fallen to 123, its lowest level in seven weeks, Reuters noted.

Thousands of visitors streamed into Shanghai Disneyland on Monday for the first time in three months as the Chinese park became the first reopened by Walt Disney after the coronavirus pandemic brought the Magic Kingdom to a standstill.

Pence will be low key for the next couple days, the official said, but that doesn't mean anything for next week.

Comedy veteran Jerry Stiller, who launched his career opposite wife Anne Meara in the 1950s and reemerged four decades later as the hysterically high-strung Frank Costanza on the smash television show "Seinfeld," died at 92, his son Ben Stiller announced Monday.

A global public health crisis has led to an extreme demand shock in energy markets, with world travel brought close to a standstill.

The pandemic could cast a long shadow, permanently changing how companies spend money, sell goods and run their businesses.

Covid-19 has infected more than 4 million people around the world as of Friday, killing at least 279,609 people.

The U.K. government has taken its first tentative steps to ease some strict coronavirus lockdown measures and slowly begin to reopen its economy.

Millions of Americans who suffer from hearing and vision loss claim measures for the disabled, with regard to public health emergency response planning, have been less than adequate in the Covid-19 crisis. Many in this community are struggling to access critical health-care services, including Covid-19 testing.

New York Gov. Andrew Cuomo said on Sunday that the number of new daily Covid-19 hospitalizations had returned to the level it was at when he issued a statewide closure of nonessential businesses nearly two months ago.

Lawmakers have passed four major relief packages to address the damage from the coronavirus as the unemployment level surged to levels unseen since the Great Depression and many businesses remain shuttered.

Chinese authorities on Sunday reclassified the city of Shulan in China's northeastern province of Jilin as high-risk for the coronavirus after 11 new cases were confirmed there on May 9.

The Emirates Airline and Group chairman does not see air travel returning to normal for at least another 18 months.

Covid-19 has infected more than 4 million people around the world as of Friday, killing at least 278,800 people.

Dental practices shed a record 503,000 jobs in April, but are already starting to bring workers back this month.

Russia marks the 75th anniversary of Soviet victory over Nazi Germany in World War Two on Saturday, but the coronavirus outbreak means that celebrations have been pared back massively.

U.S. Food and Drug Administration Director Stephen Hahn is starting two weeks of self-quarantine after coming into contact with a person who tested positive for the coronavirus.