CNBC Business

Hertz was a pioneer in car rental and a highly recognized brand. But the company's attempts to address its challenges left it unprepared for the Covid-19 pandemic, unlike its rivals. Now it is in bankruptcy court and struggling to survive.

The head of Russia's vaccine-developing body has claimed that Western research institutions are seeking to "lure" its scientists away to work for them.

Short traders are throwing cold water on hopes of a bump-free return to normalcy with consumer and travel stocks among those with the highest short interest. Two traders see opportunity in some of these unloved stocks.

Aside from video interviews, candidates should prepare to expect more online screening — and to make more of an effort to get to know co-workers when joining a company remotely.

Governments are globally scaling up digital technology to employ different methods of data collection in this health crisis, but the lack of a universal playbook on how privacy should be protected in a pandemic is proving problematic.

It's in the interest of the U.S. and China to have a little more time to review the progress of the phase one trade deal due to outstanding issues between the two, said David Dollar, senior fellow at the Brookings Institution.

Several major seaports in Asia have tightened crew change restrictions and stepped up screening of seamen in recent weeks as the coronavirus staged a global resurgence.

Climate change is a critical challenge that Southeast Asia must confront as the region seeks to expand its economy, McKinsey Global Institute said in a report.

Amid the coronavirus, thousands of flight attendants are preparing for a potential furloughs this fall when the terms of federal aid expire.

A cascade of job losses loom for aviation amid the coronavirus pandemic as manufacturers work through cuts and airline aid is set to expire.

Coronavirus aid talks between Democratic leaders and the Trump administration came to a halt on August 7 and leaders have not made any progress since.

The CDC clarified on Friday that people who are infected with the coronavirus are not immune to reinfection in the following three months.

Utah Sen. Mitt Romney criticized the Trump administration's early response to the coronavirus outbreak, saying they didn't immediately "ring all the alarm bells."

Public health experts say Covid-19 test results need to be returned within two to three days to be clinically meaningful. A CNBC/Dynata survey of 9,444 Americans in all 50 states shows almost 40% of tests took longer. And there's major variation state by state.

Lucid CEO Peter Rawlinson says the company has the cash, technology and talent to defy skeptics and become one of the first real rivals to Tesla.

The coronavirus has infected more than 20.9 million people around the world as of Friday, killing at least 760,300 people.

The Covid-19 pandemic era is setting new standards for what an economic downturn looks like.

Democratic Rep. Jim Clyburn questioned whether the White House's plan to boost Covid-19 vaccine developments could be "benefiting one or two people."

The clothing subscription start-up Rent the Runway is planning to permanently close its five stores across the U.S., not reopening them after they were temporarily forced shut due to the Covid-19 crisis, the company told CNBC.

Bringing Russell Crowe's "Unhinged" to cinemas during the coronavirus was 'by far the toughest' film release for Mark Gill, an industry veteran and producer of 'Pulp Fiction.'