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As the coronavirus spread globally, a canceled work trip here and there turned into a worldwide shutdown for business travel by air.The global airline industry is now on the brink of collapse. And while pressing pause for a few days or a week is strange enough, a freeze on business-class travel that lasts for several weeks or months has the potential to reshape why people fly. After a decade of huge growth, airlines are preparing for a staggering drop in revenue worldwide. Concerns over the coronavirus have crippled demand for flights, which in turn has caused many airlines to ground their fleets and lay-off staff.Recently JetBlue CEO Robin Hayes called this financial situation for airlines, "at least as bad as 9/11 if not worse."But even with a bailout, it could take months for travelers to fully return to the skies. In the meantime, a lot of business will go on without air travel.With huge advances in telecommuting and a growing acceptance of working from home, businesses have taken to platforms like Slack, Zoom and Skype to carry on with meetings while many miles apart.To understand the impact of losing business class travel, you have to understand how valuable business class tickets are to airlines. It might just be a few seats, but on many flights, premium seats actually account for most of the money the flight will make. Let's explain.Let’s look at a roundtrip flight scheduled for the first week in August between JFK and LAX. The round trip fare for an economy passenger costs 9. For a business class passenger that seat is ,867. And finally for a first class passenger the cost is ,032. In total, if everyone pays full price for their ticket, the airline makes ,362.But notice the distribution. If you do the math, you see that although business and first class travelers only make up 28% of the passengers on the flight, they account for 60% of the flight's revenue. This model doesn't describe every flight. But when it comes to airline economics, business and first class passengers have an outsized impact on many airlines' revenue. "They care a lot about business class travelers," says airline pricing expert Andy Boyd. "The other part about the business class travelers is not just the seat but business travelers become very connected with their brand and they fly a lot. It’s not just the money they make from the one seat, but what they get over time."Boyd literally wrote the book on airline ticket pricing. He believes airlines could bounce back, but he also says the virus could accelerate some trends already in motion for business travel."It could be a catalyst," Boyd says. "But what is really interesting, the new generation has grown up with technology, with cell phones. The fact that you are doing what many older people would call, very informal communication is more and more accepted as formal communication. So as young people who have grown up with technology get older, they may find that they are just as happy doing things over the phone as they are getting on a plane and going somewhere."Those combined factors could spell long-term impacts for the airline industry beyond the spread of the coronavirus. "Normally I would tend to say we would just get over it and the world would just get back to normal," Boyd says. "But with this particular virus and the way that people have responded to it, we may see some actual real changes to the way that both business and economy travelers travel." 3474

As the Dow Jones Industrial Average plummeted amid fears of the coronavirus outbreak, President Donald Trump appeared to be frustrated with the outbreak in a series of morning tweets.Moments after the Dow fell 7 percent and triggered an emergency circuit breaker that halted trading; Trump equated coronavirus to the common flu."So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year. Nothing is shut down, life & the economy go on. At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!" Trump tweeted.According to the CDC, there were between 20,000 ad 52,000 deaths from the flu between 2019 and 2020. Between 34,000,000 and 49,000,000 contracted the flu during that same time period.So last year 37,000 Americans died from the common Flu. It averages between 27,000 and 70,000 per year. Nothing is shut down, life & the economy go on. At this moment there are 546 confirmed cases of CoronaVirus, with 22 deaths. Think about that!— Donald J. Trump (@realDonaldTrump) 1077

ANGOLA, Ind. – China is the number one country for international adoption. But right now, more than 150 million people there are under a coronavirus lockdown, flights grounded, travel advisories in place. It has left thousands of orphan children and adoptive families in limbo. Last summer, Robin and Walt Huston decided they wanted to share their lake house home with a child in need.“We just decided to add to our family,” said Robin Huston. “We think we have enough to give to another child.”The Hustons are pre-approved to adopt and have been working with an international agency that specializes in placing children with hearing loss or deafness.Walt Huston’s parents and grandparents were deaf. “My first language was sign language,” said Walt. “And then I met Robin. She knew sign and then we both decided we wanted a deaf child.”The child they selected is 13-year-old Zhou Ji. Born hearing impaired, he’s waited his entire life for someone to choose him. “[They] showed us some pictures of him and our hearts just melted,” said Walt. “And we wanted him from that point on.”But the eruption of the coronavirus has brought dozens of adoptions like theirs to a crushing halt. Zhou Ji is living in an orphanage under lockdown in Hubei province, the epicenter of the Wuhan virus outbreak. “Yes. It’s very scary,” said the Hustons.Pamela Neail Thomas is the china program director for Hand-in-Hand International Adoptions and is handling the Hustons’ case. “The children in the orphanages are being kept inside the compounds and their caregivers are being asked to stay with them,” said Thomas. “So, no one is leaving.” Along with being paralyzed by the outbreak, the Hustons are also racing against time. “He is 13. He's going to be 14 in October,” said Robin. “So, he will be aging out.”If that happens, there is very little if any recourse.“If he gets to his 14th birthday he become ineligible for adoption under Chinese law,” explained Thomas.The Indiana couple says they remain hopeful the virus will be contained before it’s too late. “I just hope that this virus has subsided enough that we're able to travel and stay healthy and that he stays healthy.” 2174

Bernie Sanders' campaign says it raised million in the 24 hours after he announced he would be running for president in 2020.The Sanders campaign tweeted Wednesday morning that it had received an average donation of from about 225,000 people for a total of million.The 291

Bugatti unveiled its latest limited-edition model at a classic car show in California Friday. The Bugatti Centodieci will cost million and only 10 will be made.This car is an homage to the Bugatti EB110 supercar of the early 1990s. Centodieci means 110 in Italian. The EB110 was built in Northern Italy's "Motor Valley," not far from where Lamborghini, Ferrari and Maseratis are made. It was an attempt to revive the Bugatti brand, which had been dormant since the 1950s. The Centodieci's design recalls the EB110s low, aggressive appearance.That business ultimately failed, but the automobile it created is still regarded as one of the greatest supercars ever made. The prototype for the EB110 was designed by Carlo Gandini, the same man who designed the Lamborghini Countach. The final production versions of the car were designed by Giampaolo Benedini, who was also an avid racing driver.Volkswagen Group purchased the Bugatti brand name in 1998 and built its modern production facility at Bugatti's ancestral home in Molsheim, France. With the backing of one of the world's largest automakers, Bugatti now makes fast cars for the extremely wealthy, much as it did in the first decades of the 20th century.Until recently, the modern Bugatti factory produced only one car model at a time. The Veryon was offered from 2005 to 2015, with various changes and improvements made throughout its life. Then the Chiron entered production in 2016. Both cars were designed to be astonishingly fast but comfortable and easy to drive, thanks to massive turbocharged 16-cylinder engines mounted behind the two seats. When it was first introduced, the Bugatti Veyron cost about .5 million. The Bugatti Chiron costs more than million.The Centodieci is Bugatti's latest attempt at branching out. During last year's Monterey car week, a series of automotive events leading up to the annual Pebble Beach Concours d'Elegance in August, Bugatti unveiled the Divo. It started at almost million and, Bugatti promised, only 40 would be made.Then, at the Geneva Motor Show last March, Bugatti unveiled another special car of which only one would be made. At almost million, including taxes, Bugatti claimed that La Voiture Noire was the most expensive new car ever sold. Much of that car's value stemmed from its extraordinary exclusivity being that the owner, whose name was never revealed, will have the only one.All three of these new Bugatti models are substantially similar, in terms of their underlying engineering, to the Chiron. All have Bugatti's turbocharged 16-cylinder engine although, in the Centodieci, it's specially tuned to produce up to 1,600 horsepower, 100 more than the Chiron. This car is also slightly lighter than the Chiron. It can go from a full stop to 60 miles an hour in just 2.4 seconds. But its top speed is limited to 236 miles an hour, which is lower than the Chiron's.The body of the Centodieci is designed to be reminiscent of the low, wide stance and wedge-like shape of the EB110."Transporting this classic look into the new millennium without copying it was technically complex, to say the least," said Bugatti designer Achim Anscheidt.The Centodieci's horizontal headlamps set into the hood mimic those of the EB110, but they're narrower and more aggressive thanks to modern LED technology. Instead of the Chiron's swooping C-shaped lines around the big side vents, the Centodieci has openings with straight edges and a cluster of round holes. The Centodieci also has a permanently raised rear wing, unlike the Chiron's wing, which can be lowered so that it lays against the car's body. Both those features -- the vent holes and raised rear wing -- were drawn from the Bugatti EB110 SS, a very high performance version of that car.All 10 of the supercars have already been pre-sold. Customers were able to order their Centodieci in, literally, any color they like. 3908

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