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The government's current travel advice prevents mainstream tour operators running trips and invalidates the holidaymaker's insurance

The Los Angeles Economic Development Corp. sees California as a world hub for electric mobility.

Epidemiologists and government officials agree that large-scale concerts and festivals can't be safely held until 2021, a crushing blow.

In this coronavirus climate, Travis Scott's "Fortnite" collaboration is something of an experiment for our new reality. Games are our new social spaces.

In these unprecedented times, we have published the following open letter thanking those working in the meat industry for their co-operation.

In these unprecedented times, we have published the following open letter thanking those working in the meat industry in Wales for their co-operation.

HOWEVER idyllic the destination, some things are always the same. You're going to get sunburnt - even if you lather on the factor 50. At one point you will long for a British cup of tea. And that scavenging local wildlife - such as the obligatory one-eyed cat - are always a reliable constant.

THE AIRLINE INDUSTRY has seen major losses in profit due to the coronavirus pandemic, with many companies seeing job losses and uncertain futures. But this is how the airline industry may recover after the pandemic.

Rafael Nadal expressed his worry this week that there may not be any more tennis in 2020 due to the coronavirus pandemic.

The following joint statement has been issued by the Food Standards Agency, Food Standards Scotland and representatives of the UK meat industry.

New measures will be available for the FSA to implement in slaughterhouses to ensure consumer safety and animal welfare protections are maintained.

Mitsubishi Electric Automation, Inc. Equal Opportunity Employer: Mitsubishi Electric Automation, Inc. ("MEAU") is committed to the employment and advancement of minorities, females, individuals with disabilities, and veterans. We are an equal opportunity employer and do not discriminate in hiring or

Mitsubishi Electric Automation, Inc. Equal Opportunity Employer: Mitsubishi Electric Automation, Inc. ("MEAU") is committed to the employment and advancement of minorities, females, individuals with disabilities, and veterans. We are an equal opportunity employer and do not discriminate in hiring

As a Nike Industrial Engineer, you will utilize your expertise to solve business problems for the North American Supply Chain (NASC), and ensure the maximum utilization of all Nike assets in order to enable global growth for the brand. In this dynamic role you will be involved in a broad range of p

Relocation Yes Location St. Louis MO Company looking for the right person to be a leader in our aggressive growth and geographical expansion of Industrial Construction division. This division handles projects around the country in the refining, petrochemical, p

PROPERTY owners are set to struggle from next month as renters are unable to pay their monthly fees due to income being reduced or cut because of the coronavirus pandemic, businessman Jeremy King warned.

THE AIRLINE INDUSTRY has seen major losses in profit due to the coronavirus pandemic, with many companies seeing job losses and uncertain futures. But this is how the airline industry may recover after the pandemic.

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Indianapolis' nonprofit arts sector supports about 30,000 jobs. The closures forced by coronavirus are causing damage to theaters, artists and more.

Restaurant owner Roxy Taschuk wasn’t optimistic about the state of her industry when the COVID-19 pandemic hit.

A tentativa resultou em pelo menos oito mortes e a prisão até agora de 13 pessoas, incluindo dois cidadãos americanos.

Layoffs are mounting in the hospitality industry. "It's worst than 9/11," says the president of the Indiana Restaurant and Lodging Association.

Restaurants and bars in central Indiana respond to the coronavirus, or COVID-19, health pandemic while operating under state-issued restrictions.

Ireland captain Laura Delany says she gained valuable insights into the importance of mental preparation as Meg Lanning joins Isobel Joyce for a virtual batting session.

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Formula 1 boss Chase Carey says he plans to start the season in Austria in July, after France became the latest country to call off its race.

A chronology of key events

Key facts, figures and dates

A chronology of key events

Key facts, figures and dates

PM Scott Morrison said wide usage would be the "ticket" to normal life resuming as soon as possible.

Virgin Atlantic Airways has put advisers on standby to handle a potential administration as it races to secure a £500m rescue that would enable Sir Richard Branson’s flagship company to survive the coronavirus pandemic.

• While ride-hailing has suffered from the impact of COVID-19, Uber is in a good position to survive the crisis, three analysts who cover the company told Business Insider.
• Uber is in no danger of running of out money anytime soon, said Mark Mahaney, a managing director at RBC Capital Markets.
• And a series of cost-cutting moves should make the company profitable by next year, said Dan Ives, a managing director of equity research at Wedbush Securities.
• Uber's food-delivery service, Uber Eats, gives the company an advantage over ride-hailing competitors, since it allows homebound consumers to keep using its app, said Tom White, a senior research analyst at DA Davidson.
• Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com. You can also reach out on Signal at 646-768-4712 or email this reporter's encrypted address at mmatousek@protonmail.com.
• Visit Business Insider's homepage for more stories.

The ride-hailing industry has taken a major hit from COVID-19 as potential customers remain confined to their homes, but Uber is in a good position to survive the crisis, three analysts who cover the company said.

"Their business model will be intact on the other side of this," said Dan Ives, a managing director of equity research at Wedbush Securities.

A strong cash reserve will help. After ending the first quarter with $9 billion in cash and short-term investments, Uber has the resources to survive a scenario in which the prevalence of COVID-19 and its effect on consumer behavior last for the next two years, said Mark Mahaney, a managing director at RBC Capital Markets.

On Thursday, Uber disclosed its first-quarter financial results, reporting an adjusted loss of $2.9 billion on revenue of $3.5 billion during the first three months of this year. Uber CEO Dara Khosrowshahi said on a call with analysts that the ride-hailing company would cut $1 billion in fixed costs. The company has recently removed its food-delivery service — Uber Eats — from eight unprofitable markets, folded its electric bike and scooter business into Lime (Uber recently led a $170 million investment round in the company), and announced it will lay off about 14% of its workforce.

Those moves should help Uber become profitable in 2021 (the company predicted in February that it would turn a profit by the end of this year), Ives said. Uber's management, which had struggled in the wake of the company's 2019 IPO, has performed well in the current crisis by being transparent with investors and quickly moving to reduce expenses, Ives said. Investors signaled their approval of the company's strategy by sending shares up as much as 8% in after-hours trading on Thursday.

Uber Eats was one of the highlights of the company's first-quarter results, said Tom White, a senior research analyst at DA Davidson, as gross bookings grew 52% from the first quarter of 2019 to $4.7 billion. Eats gives Uber an advantage over ride-hailing competitors that don't have a similar service, as it allows the company to keep homebound consumers using its app, White said. Even after the toll of COVID-19 begins to subside, demand for online food delivery could see continued growth, he added.

But there are still challenges ahead for Uber. The company said rides fell by as much as 80% in April, and Ives projects that 30% of the customers for gig-economy companies like Uber, Airbnb, and Lyft won't use a ride-hailing service until there's a vaccine for COVID-19. Yet the pandemic could leave Uber better off in the long run, White said.

"I saw and heard enough [during Uber's first-quarter earnings call] that makes it harder and harder for me to think that these guys don't emerge from this pandemic probably in a stronger competitive position and a healthier and leaner operating position," he said.

Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com. You can also reach out on Signal at 646-768-4712 or email this reporter's encrypted address at mmatousek@protonmail.com.

• Read more:
• Uber CEO Dara Khosrowshahi says drivers should receive tiered healthcare benefits based on how many hours they work, and that the company would pay for it
• SoftBank-backed companies laid off more than 3,700 people in 2020 and more than 7,000 in the past year
• Uber reveals first-quarter losses of $2.9 billion because of the coronavirus — but says business is starting to pick up again
• Lyft surges 17% after posting a narrower-than-expected quarterly loss as coronavirus hit the ride-hailing industry

SEE ALSO: Elon Musk's theater of the absurd is a sign of the times for tech

Join the conversation about this story »

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Western Australia

The Amateur Traveler talks to Edith about the mountainous region of Austria where she grew up, the Tyrol. Edith designs for us both a winter and a summer itinerary, both of which involve getting outside and enjoying the beautiful mountains. In the winter we would ski and in the summer we would hike. When we are not hiking or enjoying one of the mountain alms then we can explore the palace at Innsbruck, a hiking museum and the Höfemuseum which is a farm museum. Edith talks about traditional foods such as Wiener Schnitzel, Kaiserschmarrn (sweet pancake dish), Kaspressknödel (fried cheese dumplings) and Graukäse (literally grey cheese). To work off that rich food (and of course beer) she will recommend we hike between the mountain huts or up her favorite hike Nochspitze.

The Amateur Traveler talks to Andy Dye about his adopted hometown of Melbourne Australia. Andy grew up in England but fell in love with Melbourne. Sure the weather was better but Andy also discovered a city with street art, vibrant cafes, culture and sport. Melbourne is the home of Australian Rules Foolball which was apparently invented by people who thought that rugby was too tame. Andy talks about wandering around the Central Business District (CBD) and discovering out of the way cafes. Melbourne has museums (like the Melbourne Museum, the Australia Center for the Moving Image), galleries (like the National Gallery of Victoria) and an aquarium. Melbourne is a multi-cultural city and no places show it off better than the Queen Victoria Market or Sydney Road Brunswick. He also talks about side trips such as going to see the penguins at Phillip Island.

The Amateur Traveler talks to Alix (of Alix and Jace’s Amazing Adventure) about her hometown of Sydney Australia. Alix has many ideas about fun things to do in Sydney so you don’t just end up with the rest of the tourists on Darling Harbor. After you have climbed the Harbor Bridge and visited the Sydney Opera House she recommends a beach walk by word famous Bondi Beach, a chance to sleep with the animals of the Taronga Zoo and the out of the way Manly Beach. She tells us what’s the best day of the year to see Sydney (although also the most expensive). Alix also gives us a dizzying list of Sydney restaurants to try.