Category Archives: CNN – Business

Early coronavirus job losses hitting minorities, women, teens particularly hard

Early coronavirus job losses hitting minorities, women, teens particularly hard

As the economy continues to hemorrhage jobs, it’s becoming apparent that some groups are more at risk of unemployment than others. Minority workers, teens and, in many cases, women, are losing jobs at a higher pace than other groups. “There’s no doubt about it, they’re getting hit worse,” said Dean Baker, senior economist at the…MORE

Here’s what America’s oil CEOs discussed with Trump

Here’s what America’s oil CEOs discussed with Trump

America’s leading oil CEOs urged President Donald Trump on Friday to grant the embattled industry access to government programs aimed at helping companies harmed by the coronavirus pandemic. Trump was “very receptive” to that request and did not discuss government-mandated oil production cuts during the meeting at the White House, American Petroleum Institute CEO Mike…MORE

Delta CEO: ‘We still haven’t seen the bottom’

Delta CEO: ‘We still haven’t seen the bottom’

Delta Air Lines expects revenue over the next three months to be down 90%, with no end of the industry’s troubles in sight. “Even as Delta is burning more than $60 million in cash every day, we know we still haven’t seen the bottom,” said CEO Ed Bastian warned employees that Friday. He said April’s…MORE

Photojournalists are risking their lives to capture the pandemic

Photojournalists are risking their lives to capture the pandemic

In a video shot from her hospital bed where she is recovering from Covid-19, Austin American-Statesman photojournalist Lola Gomez described the predicament that photographers like herself face as they cover the pandemic. “Even though the reporters are working from home, photographers can’t work from home,” Gomez said in the video posted to Facebook on April…MORE

Here’s when Disney’s delayed movies are coming to theaters

Here’s when Disney’s delayed movies are coming to theaters

Disney on Friday announced new release dates for films that were delayed because of coronavirus, including two of its biggest movies this year, “Mulan” and Marvel Studios’ “Black Widow.” “Mulan,” which was set to debut in March, will now hit theaters on July 24, the company said. “Black Widow,” which was going to open the…MORE

CNN’s Brooke Baldwin tests positive for coronavirus

CNN’s Brooke Baldwin tests positive for coronavirus

CNN anchor Brooke Baldwin announced on Friday that she tested positive for coronavirus after experiencing symptoms a day earlier. “I am OKAY,” Baldwin said in an Instagram post announcing her diagnosis. “It came on suddenly yesterday afternoon. Chills, aches, fever.” Baldwin became the second CNN anchor to test positive for the virus. Chris Cuomo tested…MORE

Trump’s incredible 180 on OPEC, oil and free markets

Trump’s incredible 180 on OPEC, oil and free markets

President Donald Trump has long cast OPEC as an evil force ripping Americans off by not pumping enough oil. Now he’s pleading with Saudi Arabia and Russia to stop pumping so much oil. In the past, Trump has called OPEC a “monopoly” (it’s not) that must be broken up. “They are robbing our country blind,”…MORE

3M: We’ll make more N95 masks for the US but we need to keep exporting them

3M: We’ll make more N95 masks for the US but we need to keep exporting them

3M, the world’s largest maker of respirator masks, said Friday it is willing to comply with President Trump’s order to manufacture and supply more critically needed N95 masks for the United States. But 3M cautioned about being forced to halt exports of those masks to other parts of the world. A day after Trump invoked…MORE

No more self-serve soda and hot dog rollers: Coronavirus upends convenience stores

No more self-serve soda and hot dog rollers: Coronavirus upends convenience stores

The coronavirus outbreak is threatening America’s vast convenience store industry as consumers fill up at the pump less frequently and companies pull self-serve soda machines and hot dog rollers. There are upward of 150,000 convenience stores in the United States, more than all of America’s grocery stores, drug stores and dollar stores combined. The convenience…MORE