(CNN) — Cracks and sinkholes are appearing alongside the waterways of Amsterdam. Bicycles are tumbling into the swirling water as the canalsides vanish beneath their wheels. Quay walls are collapsing against houseboats. Bridges are in trouble. While the recent Covid-19 restrictions have relieved the Dutch capital from the more superficial blight of overtourism, it seems
Travel
Short traders are throwing cold water on hopes of a bump-free return to normalcy. Vacation, travel and consumer stocks are among the most shorted on Wall Street. Those names include American Airlines, Whirlpool, Royal Caribbean and United Airlines. Short traders, who make money when those shares drop, view these names as the most vulnerable to
Hertz does not have the biggest fleet of rental cars in America, but some would argue that if there can be such a thing as an iconic car rental company, Hertz might be it. The black and yellow colors have long been a familiar sight to countless travelers renting cars at airports. But now, the
Newport Beach, California, comes in at No. 2 in Hotwire’s 2020 list of “itty bitty city” destinations for quick nearby summer getaways. Westend61/Getty Images Summer is nearly over, and the Covid-19 pandemic shows no sign of abating. Many Americans, who put their vacation plans on hold, are thinking about when they might get away. Shorter
A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters United Airlines is making a play for Florida this fall and winter, a bet that sun-seekers from northern states will become a bright spot for the carrier as it faces a bleak
From gate to seat, air travel is undergoing a touch-free transformation, yet the one place flyers are probably most loathe to touch — the airplane bathroom — has received little attention of late. That’s about to change, say companies that are producing “touchless tech” to transform bathrooms into hands-free zones. Which bathroom features are going touchless
Trading Nation: Here are some of the most shorted stocks With retail earnings on deck, traders break down what to watch Apple and Google remove Fortnite from their app stores—Three experts on the impact A seismic shift in innovation is underway: Growth investor Nidhi Chadda How the coronavirus fallout is sparking a permanent shift in
If Lyft and Uber eventually have to reclassify their drivers as employees, MKM Partners analyst Rohit Kulkarni says that Lyft has “more to lose” given its greater exposure to California. He adds that the ride-hailing firms face increased regulatory risks as other states may follow suit with similar rulings. 02:21 4 minutes ago
Noisy. Inconsistent. Volatile. Those were the adjectives used by CEOs of major travel operators this earnings season to describe the future of the pandemic-hit industry. Expedia and Booking Holdings both saw a roughly 90% drop in gross bookings in the second quarter, reflecting just how difficult the past three months have been for the travel
American Airlines passenger planes crowd a runway where they are parked due to flight reductions to slow the spread of coronavirus disease (COVID-19), at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. Nick Oxford | Reuters American Airlines is preparing to scrap flights serving two-dozen medium and small cities as the expiration of federal
Aircraft operated by Cathay Pacific Airways Ltd. stand on the tarmac at Hong Kong International Airport in Hong Kong, China, on Friday, Aug. 7, 2020. Paul Yeung | Bloomberg | Getty Images Singapore Airlines and Hong Kong’s Cathay Pacific Airways will “inevitably” take a longer time to recover from the coronavirus crisis, an aviation consultant
A JetBlue Airways Corp. plane taxis next to American Airlines Group Inc., Delta Air Lines Inc., and Alaska Airlines Inc. aircraft at Reagan National Airport (DCA) in Arlington, Virginia, U.S., on Monday, April 6, 2020. Andrew Harrer | Bloomberg | Getty Images U.S. airline stocks Tuesday hit their highest prices since mid-June, but the rally,
An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, March 21, 2019. Lindsey Wasson | Reuters Boeing customers canceled plans to buy 43 of the manufacturer’s troubled 737 Max planes in July as scrapped orders outpaced sales for a sixth consecutive month, the company said Tuesday.
A passion for eating permeates Istanbul, a city that famously straddles Europe and Asia, one whose cuisine has long been known for its variety and quality. In addition to the traditional purveyors of impeccable grilled fish and meats, intoxicating street food and famously fragrant desserts, several restaurants are taking the concept of “Turkish cuisine” in
A sign reminding passengers to stay 6 feet apart is seen at a screening checkpoint at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Airline shares Monday headed for their biggest one-day percentage gains in nearly a month after federal data showed air travel at the highest volume in nearly five months and
Trading Nation: Booking and Trip Advisor report earnings after the bell, here’s what to expect Airlines could receive billions in relief, but it may not be enough: Traders Stocks rise on lower jobless claims data—Four experts on what it means for markets and the economy A ‘very bullish’ John Stoltzfus predicts rally setback Trillions of
The travel trade took a trip to the green Thursday. Online trip booking stocks and hotel shares hit session highs after the State Department’s announcement that it would lift its global health travel advisory on what it said were “improving” health and safety conditions in some countries. The department said it would return “to [its]
Transportation Security Administration agents help travelers place their bags through the 3-D scanner at the Miami International Airport on May 21, 2019 in Miami, Florida. Joe Raedle | Getty Images The State Department has lifted its advisory against international travel for U.S. citizens after nearly five months, saying it instead would evaluate each country. “With health