"With the social distancing, if we could operate with 50% of our capacity, we would start making a little bit of profit," Cirque du Soleil CEO Daniel Lamarre told CNBC.
Financial advisors expect their managed assets to grow by 7.2% over one year and by annualized growth of 17.2% over the next three years, driven mostly by new and existing clients, according to a recent survey.
Business leaders like Apple's Tim Cook must make it clear to Trump that he can no longer minimize Covid-19, but has to redouble the nation's efforts to bring it under control, writes award-winning author Glen Johnson.
Accountants and tax lawyers say they're seeing surge in calls and emails from wealthy clients asking about actions they can take now to avoid tax hikes in 2021 and beyond.
The virus, which scientists are calling "G4 EA H1N1," has not yet been shown to infect humans but it is exhibiting "reassortment capabilities," Dr. Anthony Fauci told the Senate Health, Education, Labor and Pensions Committee during a hearing Tuesday.
More than 12 states have now paused or rolled back their reopenings as cases in the U.S. jumped 40% over the past week to an average of about 39,750 on Monday, based on a seven-day moving average.
In many ways that Americans work to establish themselves financially, either through the stock market, net worth or homeownership, Black families trail White families.
The researchers said the percentage of New York City-area residents with Covid-19 antibodies "is well below the estimated 67% needed to achieve community immunity."
The Senate Health, Education, Labor and Pensions Committee is holding a hearing with Dr. Anthony Fauci and other key Trump administration health officials on the Covid-19 pandemic.
Billionaire global investor Barry Sternlicht told CNBC the U.S. could see "extreme distress" if the businesses cannot get back to operating due to the coronavirus.
"What we have in the United States, it's hard to describe because it's so many different outbreaks," said Dr. Anne Schuchat, principal deputy director of the CDC.