United Airlines on Tuesday said it is canceling dozens of China flights next month because of a “significant decline in demand” for service to the country as it battles the growing number of coronavirus cases. United has the most service to China among U.S. airlines. “We will continue to monitor the situation as it develops and will adjust our schedule as needed,” United said in a statement. The changes reduce flights to Hong Kong from San Francisco and Newark, New Jersey; to Beijing from Washin

WASHINGTON — President Donald Trump on Tuesday appeared to congratulate his Secretary of State, Mike Pompeo, for shouting and cursing at a reporter for National Public Radio who had asked Pompeo questions about Ukraine. After thanking Pompeo for his work, Trump was surprised when Pompeo received a standing ovation from the room full of guests. That was very impressive, Mike,” Trump said of the applause. “That reporter couldn’t have done too good a job on you yesterday, huh? After the Friday inte

Facebook CEO Mark Zuckerberg first announced the oversight board in November 2018 as the company weathered numerous scandals and criticism regarding its privacy and content moderation practices. For instance:Article 2: Section 1.2.1 — The following types of content are not available for the board’s review, unless reassessed in the future by Facebook: Content types: ​content posted through marketplace, fundraisers, Facebook dating, messages, and spam. Decision types:​ decisions made on reports i

GM’s Enhanced Super Cruise will include automated lane change, which will allow the hands-free system to change lanes on the highway when requested on demand. DETROIT — General Motors is updating its Super Cruise driver-assist highway system to feature lane-changing capabilities similar to Tesla’s Autopilot. GM launched Super Cruise in 2017, two years after Tesla debuted Autopilot. Due to the slower launch cadence and additional safeguards, Super Cruise has not received as much attention or scru

World Health Organization Director-General Tedros Adhanom Ghebreyesus speaks during a press conference following an emergency talks over the new SARS-like virus spreading in China and other nations in Geneva on January 22, 2020. The World Health Organization is sending a delegation of researchers and other health experts to China to help combat the coronavirus outbreak. “Stopping the spread of this virus both in China and globally is WHO’s highest priority,” Tedros said in a statement. The WHO s

President Donald Trump and Israel’s Prime Minister Benjamin Netanyahu discuss a Middle East peace plan proposal during a joint news conference in the East Room of the White House in Washington, January 28, 2020. President Donald Trump’s long-awaited Middle East peace plan calls for a state of Palestine with a capital in east Jerusalem, he said during an event Tuesday with Israeli Prime Minister Benjamin Netanyahu. Despite the deal’s long odds of success, Trump suggested that the peace plan marke

The U.S. budget deficit likely will break the $1 trillion barrier in 2020, the first time that has happened since 2012, according to Congressional Budget Office estimates released Tuesday. After passing that mark this year, the deficit is expected to average $1.3 trillion between 2021-30, rising from 4.6% of GDP to 5.4% over the period. As part of a spending pattern that the CBO deemed unsustainable, the national debt is expected to hit $31.4 trillion by 2030. In addition to the debt and deficit

Check out the companies making headlines before the bell:3M (MMM) – 3M reported quarterly profit of $1.95 per share, compared to a consensus estimate of $2.10 a share. Pfizer (PFE) – The drugmaker missed estimates by 3 cents a share, with quarterly earnings of 55 cents per share. Harley-Davidson (HOG) – The motorcycle maker’s quarterly sales missed estimates, with a 3.1% decline in retail sales — that decline was Harley’s smallest in three years. Whirlpool (WHR) – Whirlpool reported quarterly pr

Dow to recover some of Monday’s sharp lossesTraders work on the floor of the New York Stock Exchange (NYSE) on January 27, 2020 in New York City. Spencer Platt | Getty ImagesU.S. stock futures were higher Tuesday, but indicating only a partial rebound from Monday’s more than 450-point drop in the Dow Jones Industrial Average. Apple to report earnings after the bellApple CEO Tim Cook pose next to an image of the new iPhone 11. Kena Betancur | AFP | Getty ImagesApple, also a Dow component, is sche

Even though Roach believes Chinese officials are taking more aggressive action to fight the coronavirus than during the SARS outbreak, he cautions that there could still be problems for months. Stephen Roach, who was in China during the deadly 2003 SARS epidemic, believes the potential fallout could be worse now because growth is in a danger zone. One of the world’s leading authorities on Asia warns that the coronavirus outbreak could wreak havoc on the global economy. Roach believes investors s

Karen Finerman was a buyer of Target. DisclaimerTrader disclosure: Brian Kelly is Long Bitcoin, Ethereum, Oil, GLD. Karen Finerman is long FB spread calls. Karen Finerman is long GOOG put spreads. Karen Finerman is long SPY puts.

Here are three things all Americans should know about the plan and the circumstances surrounding it:Why Now? Gantz probably didn’t intend for this campaign move to affect the peace plan, but it did. As a result, Gantz was also invited to the White House this week where he not only strongly praised the Trump peace plan but also heaped praise on Trump himself. That base includes Zionist evangelical Christian voters, who will likely show strong support for the peace plan that Israel sees as extreme

The chairman of the House committee that oversees U.S. health agencies told CNBC on Tuesday that he’s skeptical of information coming out of China on the coronavirus outbreak. Chinese officials on Tuesday sharply increased their confirmed coronavirus cases in China to nearly 4,700. New York congressman Pallone, chairman of the House Energy and Commerce Committee, is not alone in his mistrust of China. The Energy and Commerce Committee oversees government agencies including the Department of Heal

As it spends heavily on original content — up to $15 billion annually — the future of Netflix pricing models is an issue that appears to be growing with each passing quarter. If Netflix continues to lose U.S. subscribers, it’s valuation multiple will plummet, leading to Netflix losing its growth stock credentials, Martin argued. Netflix officials argued on the call that the market’s view of cash flow is one of the things most often misinterpreted about it. “I think what’s most misunderstood is t

“Without a purpose, we will struggle to identify the amount of risk to take when investing and the types of investments to use,” Boneparth said. Another way of defeating the fund’s purpose: investing in an S&P 500 index fund, for instance, that duplicates what the TDF already holds. “Fees can include the costs of buying and selling investments, owning investments and whether or not someone is helping you manage your investments,” Boneparth said. When you are diversified, you reduce the single-co

Here’s a head-scratcher: Getting a raise could hurt your standard of living in retirement. After all, wouldn’t saving the same percentage of a larger paycheck yield more savings, and therefore a healthier retirement? Unless Americans increase their savings by an appropriate amount, they won’t be able to fund these bigger expenses in retirement as easily. A person’s existing retirement savings and Social Security benefits also typically stay static or grow more slowly than income does after a rai

Democratic presidential hopeful Elizabeth Warren on Tuesday outlined the steps she would take to prevent and contain infectious diseases, as authorities across the globe race to address the new coronavirus. Warren’s infectious diseases plan also draws on her previously released plans to address climate change and the opioid epidemic, issues which exacerbate the spread of diseases, as well as her health-care agenda. “We can invest at home to ensure our public health agencies, hospitals, and healt

Pilot models of the Uber self-driving car is displayed at the Uber Advanced Technologies Center on September 13, 2016 in Pittsburgh, Pennsylvania. Learning from their much documented downfall thereafter, including a fatal crash involving a self-driving Uber car in Tempe, Arizona, Uber’s ATG has a new scaled down, multi-pronged approach for its self-driving ambitions. Uber’s self-driving unit, the Advanced Technologies Group (ATG), has an estimated valuation of over $7 billion , representing more

People take pictures near the Super Bowl LIV fan zone on January 24, 2020 in Miami Beach. This year’s Super Bowl will be the most legally bet on Super Bowl in history. For companies FanDuel and Drafkings, the Super Bowl is one of their biggest days of the year. In a recent survey, DraftKings found that 82% of fans are planning on placing a legal wager this year on the Super Bowl. Last year, DraftKings set a then-company record of $11 million in payouts for New Jersey alone on Super Bowl Sunday.

Facebook has started restricting employee travel to China, joining a growing list of U.S. companies that have done the same amid a growing outbreak of the coronavirus. Facebook has banned all non-essential travel the country, but if employees must visit China, they have to receive approval first. The company has also told employees who work in China, or who have recently traveled there, to work from home, Facebook said. Facebook is the first major U.S. technology company to ban all non-essential