CATEGORIES

COMCAST PROFIT SLIDES AS PANDEMIC HITS MOVIES, THEME PARKS

Comcast’s net income slid in the first three months of the year as the coronavirus pandemic forced it to shut down its theme parks and its movies were kept out of shuttered theaters.

AMERICAN AIRLINES POSTS $2.2 BILLION LOSS DURING PANDEMIC

American Airlines reported a staggering loss of $2.24 billion for the first quarter, when the coronavirus pandemic triggered a sharp drop in air travel.

30 MILLION HAVE SOUGHT US UNEMPLOYMENT AID SINCE VIRUS HIT

More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.

VIRGIN GALACTIC COMPLETES FIRST GLIDE FLIGHT IN NEW MEXICO

Virgin Galactic’s spaceship VSS Unity landed in the New Mexico desert last Friday, marking its first glide flight from Spaceport America as the company moves toward commercial operations.

NINTENDO MARKS PROFIT JUMP AS PEOPLE STAY HOME AMID PANDEMIC

Japanese video-game maker Nintendo Co. scored a 33% jump in annual profit, as people stuck at home turn to playing games.

CHINA EXPORTS REBOUND IN APRIL BUT MORE WEAKNESS AHEAD

China’s exports rebounded in April to rise 3.5% over a year earlier, but forecasters warned that strength is unlikely to last as the coronavirus pandemic depresses global consumer demand.

GLOBAL LUXURY GOODS SALES TO SLIDE UP TO 35% - STUDY

The global luxury goods sector is heading for a stunning collapse of up to 35% this year due to coronavirus lockdowns, according to a new study by the Bain consultancy published Thursday.

STAR WARS: TAIKA WAITITI TO DIRECT NEW FILM

Taika Waititi, the New Zealand filmmaker of “Jojo Rabbit” and “Thor: Ragnarok,” will direct a new “Star Wars” film.

TESLA HITS TARGET TO QUALIFY CEO ELON MUSK FOR BIG PAYDAY

Tesla CEO Elon Musk appears to have hit all the milestones he needed to receive a stock award now worth about $730 million, a payday that will further pad the eccentric billionaire’s vast fortune.

EU FORECASTS ‘RECESSION OF HISTORIC PROPORTIONS' THIS YEAR

The European Union predicted “a recession of historic proportions this year” due to the impact of the coronavirus as it released its first official estimates of the damage the pandemic is inflicting on the bloc’s economy.

Conspiracy Theorists Burn 5G Towers Claiming Link To Virus

The CCTV footage from a Dutch business park shows a man in a black cap pouring the contents of a white container at the base of a cellular radio tower. Flames burst out as the man jogs back to his Toyota to flee into the evening.

26 Million Have Sought US Jobless Aid Since Virus Hit

More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.

Belgian Port to Test Virus Bracelets Amid Tech Tracing Fears

As the spread of the coronavirus eases and people gradually return to work pondering the impact it might have on their jobs, Europe’s second-biggest port is getting ready to test a device aimed at helping thousands of people employed there to respect social distancing.

‘Beastie Boys Story' Isn't A Sure Shot, But It'll Do

Little was predictable about the Beastie Boys in their three-plus decades of making music. They were spontaneous, always evolving, off-the-cuff pranksters who turned pro without ever losing the punchline.

LEGAL BATTLES LOOM AS BUSINESSES HIT BY VIRUS SUE INSURERS

A once-bustling bar and grill tucked below a Michigan Avenue overpass famously inspired a “Saturday Night Live” skit starring John Belushi and Bill Murray. But the money the Billy Goat Tavern is losing during the coronavirus outbreak is no joke.

VENTILATOR FROM OLD CAR PARTS? AFGHAN GIRLS PURSUE PROTOTYPE

On most mornings, Somaya Farooqi and four other teenage girls pile into her dad’s car and head to a mechanic’s workshop. They use back roads to skirt police checkpoints set up to enforce a lockdown in their city of Herat, one of Afghanistan’s hot spots of the coronavirus pandemic.

EU LEADERS WEIGH MASSIVE VIRUS ECONOMIC RECOVERY MEASURES

The new coronavirus is devastating lives, health care systems, and economies, and European Union leaders must work together, using every lever at their disposal, to rebuild and restore public faith in the EU project, the head of the bloc’s parliament warned.

AMID PANDEMIC, CHARITIES AND NONPROFITS FACE HUGE CHALLENGES

While celebrities and billionaires have announced huge gifts to combat the COVID-19 pandemic, many charities and nonprofits are still struggling. Donations to some churches have plummeted, and many charities have had to cancel crucial fundraising events such as galas, bike races, and walkathons.

THINK THINGS ARE BAD FOR AIRLINES? IT'S ABOUT TO GET WORSE

The biggest and most profitable U.S. airline just posted its first quarterly loss in more than five years. Now things are going to get really bad.

TYSON FOODS IDLES LARGEST PORK PLANT AS VIRUS SLAMS INDUSTRY

Tyson Foods suspended operations at an Iowa plant that is critical to the nation’s pork supply but was blamed for fueling a massive coronavirus outbreak in the region.

Richest Countries Agree To Freeza Poorer Nations' Debt

The world’s richest countries agreed to freeze poor nations’ debt obligations, shortly after nearly 20 European and African leaders made a joint appeal for a massive international effort to boost Africa’s coronavirus response, saying that “only a global victory that fully includes Africa can bring this pandemic to an end.”

Broadcast Crews Struggling After Sports Go Dark

Greg Calvin believed his job as an audio technician could survive most economic downturns because people will keep watching sports while the networks that air the games still receive advertising revenue.

Can You Fix Ventilators? A Fuel Cell Engineer Figures It Out

It was late when engineer Joe Tavi’s boss called with an odd question: Could their company, which makes fuel cells, learn how to fix a ventilator?

TIRED OF ‘FROZEN?' STREAM THESE LESS OBVIOUS KIDS MOVIES

Weeks of quarantine with kids have a way of burning through a movie collection.

PENTAGON: $10B CLOUD CONTRACT THAT SNUBBED AMAZON WAS LEGAL

The Pentagon’s process for awarding a highly lucrative cloud computing contract to Microsoft instead of Amazon was in line with legal and government purchasing standards, a government watchdog agency said Wednesday.

WOULD YOU GIVE UP HEALTH OR LOCATION DATA TO RETURN TO WORK?

Cameron Karosis usually strives to protect his personal information. But a scary bout of COVID-19 that began last month with headaches and fevers, progressed to breathing problems and led to a hospital visit has now left him eager to disclose as much as possible to help halt the virus’ spread.

FACEBOOK TO WARN USERS WHO “LIKED” CORONAVIRUS HOAXES

Have you liked or commented on a Facebook post about the COVID-19 pandemic?

EVIDENCE OF VIRUS' EFFECT ON US ECONOMY GROWS MORE OMINOUS

Evidence of the coronavirus’ devastating impact on the U.S. economy has been steadily emerging, and the signs have grown ominous.

ISRAELI POLICE USE DRONES TO CHECK IN ON VIRUS PATIENTS

The drone glides up toward a high-rise until it reaches an apartment window where a woman waves from inside, proving to police that she is self-isolating after testing positive for the coronavirus.

MAJOR AIRLINES INE UP TO SPLIT $25 BILLION IN PAYROLL AID

The Treasury Department said this week that the nation’s major airlines have tentatively agreed to terms for $25 billion in federal aid to pay workers and keep them employed through September.