NYC Shifts School Rules; Florida Sues Over Cruises: Virus Update Bloomberg 3 hrs ago Bloomberg News
(Bloomberg) New York City said four or more Covid-19 cases in a school in a week will result in a 10-day closing, up from a two-case rule. The pandemic is erupting anew in youth sports across the U.S., prompting fresh warnings from President Joe Biden’s health advisers and adding a headwind to his push to reopen classrooms.
Florida said it is suing the federal government to allow cruising to return in the U.S., more than a year after the industry went on hiatus. The world’s biggest online travel agency is in favor of vaccine passports that would make it safer and easier for people to travel.
Florida Sues Over Cruises; NYC Shifts School Rules: Virus Update
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NYC Changes School Rules; Germany May Delay Doses: Virus Update
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Booking Shares Slide After Results Show Lingering Covid Effects
Bloomberg 2/25/2021 Brody Ford
(Bloomberg) Booking Holdings Inc. the world’s biggest online travel agency, reported a 63% drop in sales in the fourth quarter reflecting a surge in Covid-19 cases and new lockdowns that weighed on the industry. The shares fell as much as 6.2% Thursday after closing at a record high on Wednesday.
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Sales plunged from a year earlier to $1.2 billion, in line with analysts average projection. Room-night reservations dropped 60% compared with a year earlier, the Norwalk, Connecticut-based company said in the statement. Gross travel bookings, which reflect all travel services booked by customers, fell 65% to $7.3 billion during the period.