CNBC Business

Global travel and tourism took a massive hit last year as the coronavirus pandemic shut down borders and suspended most international travel.

Dutch airline KLM plans to reinstate almost all of its international routes this year as vaccine rollouts offer hopes of reviving the travel industry.

From Wall Street CEOs such as JPMorgan's Jamie Dimon to home and car buyers and hirers, everyone is worried about inflation, so why are stocks still at records?

"I think you should simply stay the course, maybe using this decline to buy some high-quality stocks, especially industrials," CNBC's Jim Cramer said Wednesday.

The WHO is also tracking recent reports of a "delta plus" variant that has an additional mutation, said Maria Van Kerkhove, the WHO's Covid-19 technical lead.

Reports of new Covid cases have decreased in every region of the world except Africa, where weekly cases jumped 44% while fatalities rose 20%.

"We haven't seen the consumer affected yet by that level of inflation," Albertsons CEO Vivek Sankaran told CNBC's Jim Cramer.

The late-stage clinical trial found high prevalence of virus variants.

The increased costs include a greater-than-expected impact from the parts shortage as well as rising commodity inflation costs of up to $2 billion.

GM, America's largest automaker, is racing to catch up to Tesla on EVs and become a leader in the space against other well-established automakers such as VW.

An extreme heat wave gripping the western U.S. will intensify and spread this week, creating dangerous conditions amid the worst drought in modern history.

These are the stocks posting the largest moves in midday trading.

The retail chief said Wednesday that sales have persisted in popular pandemic categories like golfing and biking.

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on April 28.

A 70-year-old man from Rhode Island on Wednesday was the first to receive an infusion outside of a clinical trial of Biogen's Alzheimer's drug, Aduhelm.

McDonald's CEO Chris Kempczinski said Wednesday that dine-in is here to stay, despite off-premise growth during the pandemic.

Tripadvisor announced Wednesday the launch of Tripadvisor Plus, a travel subscription service that provides access to travel savings and other perks.

As prices spike for consumer goods like gasoline and cars, the estimate for next year's Social Security cost-of-living adjustment is also rising.

By the end of 2022, there should be enough Covid vaccine doses for most world leaders to successfully inoculate their populations, Pfizer's Albert Bourla said.

Keeping the unit within GM will create more value for the company than spinning it off, CEO Mary Barra said.