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This picture taken on November 23, 2020 shows a bottle reading “Vaccine Covid-19” next to US pharmaceutical company Pfizer and German biotechnology company Biontech logos on November 23, 2020. Joel Saget | AFP | Getty Images The U.K. this week became the first country to authorize Pfizer‘s coronavirus vaccine for emergency use, likely adding pressure
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Check out the companies making headlines before the bell Thursday: Express (EXPR) — Shares of Express tanked 25% after the retailer reported a wider-than-expected earnings loss. Express said it lost $1.39 per share in the third quarter, versus an estimated loss of 51 cents per Refinitiv. Its revenue also missed expectations. Tesla (TSLA) — Shares
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Although negotiations surrounding a new coronavirus relief bill have resumed between Democrats and Republicans, it is still unclear whether new legislation will pass before the new year. Over nine months have passed since President Donald Trump signed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security, or CARES, Act. Since, Congress has remained at an
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Many of the nation’s top companies, including Amazon, Goldman Sachs, Ford, Google and Walmart, are calling on the new administration to address climate change and come up with long-term solutions in response to concerns from investors, customers, communities and employees. In a letter to President-elect Joe Biden and the new Congress, 42 corporations urged the government
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WASHINGTON, DC – DECEMBER 01: Senate Minority Leader Charles Schumer (D-NY) holds a news conference … [+] at the U.S. Capitol. (Photo by Tasos Katopodis/Getty Images) Getty Images By embracing a $908 billion bipartisan pandemic relief plan, congressional Democratic leaders may have jump-started long-dormant talks over short-term economic aid. A nudge by President-elect Joe Biden
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The designs of three finalists emerged from a worldwide competition to create an instantly … [+] recognizable, iconic landmark for Silicon Valley. Urban Confluence Silicon Valley The greatest cities across the globe all boast landmarks instantly recognizable to folks everywhere. In Paris, it’s the Eiffel Tower, in London, Big Ben. Chicago’s got Cloudgate, better known
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Medical staff members prepare to perform a percutaneous tracheostomy procedure on a patient in the COVID-19 intensive care unit (ICU) during Thanksgiving at the United Memorial Medical Center on November 26, 2020 in Houston, Texas. Go Nakamura | Getty Images More than 100,000 people are currently in hospitals across the U.S. sick with Covid-19, as
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There may be more juice left in the fourth quarter. Ally Invest’s Lindsey Bell said she believes the backdrop supports December gains. “We’re positive that it will be a good end to 2020,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. Bell sees optimism surrounding another coronavirus aid package providing a near-term
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Wine touring has traditionally been for adults only, but that may be changing. Western Australia is at the forefront of a small but growing trend to turn wine touring into a travel activity the whole family can enjoy. Though international travelers aren’t allowed to enter Australia right now, the distribution of effective Covid-19 vaccines may
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Senate Majority Leader Mitch McConnell (R-KY) speaks at a campaign event in Florence, Kentucky, U.S., October 28, 2020. Bryan Woolston | Reuters The latest Covid-19 relief proposal would give generous taxpayers a sweeter tax break for donating to charity. Senate Majority Leader Mitch McConnell, R-Ky., issued a proposal for pandemic relief on Tuesday afternoon –
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The IRS is sending out CP2000 tax letters to certain crypto users who received a Form 1099-K from crypto exchanges. These letters typically show a large proposed tax amount and terrifies the recipient at the first glance. This post describes how these letters are generated and steps you can take to not pay the proposed
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By Jon Friedman, Next Avenue getty A few months ago, I received the kind of jolt from my tax preparer that many of us will get sooner or later. He informed me that he’d decided to retire in the coming years. There’s no easy answer when you have to make an assessment that could affect
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Getty If the good news keeps flowing, vaccine rollouts should commence this month, a hugely positive development, but one that leaves some remote workers wondering when they’ll be called back into the office. Companies largely aren’t yet moving in that direction. Two studies published this week, one from VTS, a real estate software firm whose
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Former President Barack Obama speaks in support of Democratic presidential nominee Joe Biden during a drive-in rally at the Florida International University on November 02, 2020 in Miami, Florida. Joe Raedle | Getty Images Former President Barack Obama said Wednesday that he will take a coronavirus vaccine once one is available and may film it
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Frank Slootman, CEO of Snowflake Inc. on Sept. 16th, 2020. CNBC Shares of Snowflake fell as much as 8% in extended trading on Wednesday after the data-warehousing software maker issued its first quarterly financial results as a public company. Here’s how Snowflake performed: Earnings: Loss of $1.01 per share. Revenue: $159.6 million. Snowflake’s revenue grew
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