Lufthansa, one of Europe's biggest airline groups, is permanently reducing the size of its fleet and shuttering one of its low-cost carriers, as it warns that the aviation sector will take years to recover from the coronavirus pandemic.
WeWork is suing SoftBank for abandoning a $3 billion share buyout and accusing the Japanese company of inventing reasons to back out of the plan, as financial pressure mounts and the Covid-19 pandemic worsens.
Twitter co-founder and CEO Jack Dorsey says he's dedicating more than a quarter of his wealth to a new fund for charitable causes, with the immediate focus on coronavirus relief efforts.
The city of Guayaquil, Ecuador is struggling with the rate of Covid-19 deaths. The government is having to distribute cardboard coffins to meet demands. CNN's Matt Rivers reports.
More than a dozen cruise ships remain stranded at sea right now -- some with and some without passengers -- as ports deny entry and passengers panic about returning home.
Australia's Great Barrier Reef has experienced its most widespread bleaching event on record, with the south of the reef bleaching extensively for the first time, a new survey has found.
UK Prime Minister Boris Johnson has deputized Foreign Secretary Dominic Raab to step in as leader as necessary after Johnson was moved to an intensive care unit after contracting the Covid-19 coronavirus. CNN's Max Foster reports.
Vanuatu has been slammed by one of the strongest recorded storms to ever make landfall on the tiny Pacific nation, forcing the government to suspend coronavirus social distancing measures for evacuees.
A senior British government minister said Boris Johnson was able to continue running the country despite being admitted to a London hospital for persistent coronavirus symptoms.
As China emerges after months of lockdown, people are back on city streets and crowds flocking to popular destinations. CNN's David Culver reports on the cautious optimism officials are warning.
JPMorgan Chase CEO Jamie Dimon used his annual shareholder letter to detail just how bad he thinks the US economy can get from the coronavirus pandemic.