Category Archives: CNN – Business

Outdoor heaters aren’t enough to save restaurants this winter

Outdoor heaters aren’t enough to save restaurants this winter

Over the summer, diners flocked to hastily assembled outdoor patios. The airy option was great for people still wary of eating indoors because of the coronavirus pandemic and offered a much-needed sales boost for restaurants with dining restrictions. But now that the weather is turning in parts of the country, that option is becoming less…MORE

Europe is in trouble. The ECB is ready to unleash more stimulus

Europe is in trouble. The ECB is ready to unleash more stimulus

The European Central Bank is getting ready to unleash even more stimulus, warning on Thursday of clear risks as the region’s two biggest economies once again impose sweeping restrictions in an effort to curb the resurgent coronavirus. The ECB said in a statement that it will respond “as appropriate” to the unfolding situation when it…MORE

Disneyland Paris shuts down again as France enters lockdown

Disneyland Paris shuts down again as France enters lockdown

Disneyland Paris is temporarily closing again as France enters a second nationwide lockdown to curb a surge in coronavirus infections. The closure starts at the end of the day on Thursday and is “in line with the latest direction from the French authorities,” Disneyland Paris said in a statement. It hopes to open for the…MORE

Jobless claims fall to 751,000 in last report before election

Jobless claims fall to 751,000 in last report before election

Some 751,000 Americans filed first-time unemployment benefits last week, the Department of Labor said Thursday in its last report before the presidential election. That’s down 40,000 from the prior week, which was revised slightly higher. These figures reflect seasonal adjustments. Unemployment claims have been drifting downward in recent months, but they remain far higher than…MORE

Record GDP won’t mean much to investors

Record GDP won’t mean much to investors

The US economy probably grew at a record pace during the summer months. But investors are already moving on, fixating on fears that the recovery could stall or reverse heading into the end of the year as Covid-19 infections surge. What’s happening: The first read of US GDP between July and September posts Thursday. Economists…MORE

United Airlines to offer free coronavirus testing for passengers on select routes

United Airlines to offer free coronavirus testing for passengers on select routes

In what could be a glimpse into the future of pandemic air travel, United Airlines will begin offering free coronavirus tests to passengers on select routes. United hopes the move will not only increase traffic on mostly empty transatlantic flights, but also spark international cooperation to break down travel restrictions. “We firmly believe that testing…MORE

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