Dry cracked earth is visible along the banks of Phoenix Lake on April 21, 2021 in Ross, California. Justin Sullivan | Getty Images LONDON — Major companies from across a range of sectors are increasingly concerned about the cost and availability of the world’s ultimate renewable resource: water. The availability and relatively low cost of
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In this article EZJ-GB Johan Lundgren, CEO of British airline EasyJet, is urging the U.K. government to further ease restrictions on European travel due to progress on vaccination rates. “We never anticipated it was going to be, you know, a straightforward recovery. We always knew there was going to be bumps along the way,” Lundgren said
The U.S. is “never going to have zero” new daily Covid cases, Dr. Scott Gottlieb told CNBC on Monday. “We’re always going to have some level of spread,” the former FDA chief said, predicting infections will become endemic, meaning they will remain present in the American population. Seasonal flu, for example, is an endemic respiratory illness.
A container ship docked at India’s Adani Port Special Economic Zone (APSEZ) in Mundra, India. Sam Panthaky | AFP | Getty Images India’s second wave of coronavirus outbreak will affect the country’s infrastructure firms to varying degrees, according to Moody’s Investors Service. Power companies and ports are expected to better withstand the impact of pandemic-led
In this article CMCSA Still from Universal’s “F9.” Universal Universal’s “F9” is paving the way for 2021’s summer box office. Over its opening weekend, the Fast and Furious film tallied $70 million in box office receipts, the most of any movie released in the wake of the coronavirus pandemic. The previous record holder was Paramount’s
New York State Attorney General, Letitia James, speaks during a news conference, to announce criminal justice reform in New York City, U.S., May 21, 2021. Brendan McDermid | Reuters New York Attorney General Letitia James announced on Saturday that Johnson & Johnson has agreed to halt sales of opioids nationwide in a $230 million settlement
Kevin Durant #7 of the Brooklyn Nets takes a shot to tie the game and force overtime as P.J. Tucker #17 of the Milwaukee Bucks defends in the final seconds of regulation during game seven of the Eastern Conference second round at Barclays Center on June 19, 2021 in the Brooklyn borough of New York
A view of the site during a rescue operation of a 12-storey Champlain Tower partially collapsed in Surfside, Florida, United States, on June 25, 2021. Stringer | Anadolu Agency | Getty Images Nearly three years before a Florida condo tower collapsed, an engineer warned that the building’s failed waterproofing of its pool deck was causing
In this article NKE CNBC’s Jim Cramer on Friday advised investors to wait for shares of Nike to cool down before buying after the stock rallied double digits on a quarterly report that beat expectations by a long shot. “While the stock’s far from cheap, business is booming, so you’ve got my blessing to buy
CNBC’s Jim Cramer on Friday advised investors to keep a clear mind in the coming days as Wall Street readies to digest the June jobs report out in a week. The report will be pivotal due to the ongoing debate about rising consumer prices in the U.S., he said. “Next week’s all about Friday’s nonfarm
After a 15-month, pandemic-induced hiatus, cruising has returned to America. Royal Caribbean‘s Celebrity Edge is less than 24 hours away from setting sail off the coast of Florida, the first passenger cruise from a U.S. port since the Covid pandemic shuttered the industry’s operations across the globe last year. “We’ve waited so long for this
In this article NKE The Nike logo is seen on the Nike store on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike shares surged more than 13% Friday morning, on pace to open at a record high, after the sneaker maker forecast full-year sales topping $50 billion
A medical staff member checks on Covid-19 coronavirus patients at a hospital’s intensive care unit ward in Bogor on June 18, 2021, as Indonesia’s Covid-19 coronavirus infection rate soars. Aditya Aji | AFP | Getty Images Medical workers in Indonesia are grappling with the pressure of caring for Covid-19 patients while quickly vaccinating the country’s
Supply chain disruptions and inflated prices are not abating yet, National Association of Manufacturers CEO Jay Timmons told CNBC on Thursday. “We’re seeing rising cost pressures” due to workforce shortages and demand exceeding supply, Timmons said on “Squawk on the Street.” ”What that’s doing is it’s causing bottlenecks in a lot of the supply chain for manufacturers
Healthcare workers in North Memorial’s 2019s South Six and South Seven Intensive Care Units treated patients critically ill with COVID-19 on Monday, Dec. 7, 2020 at North Memorial Health Hospital in Robbinsdale, Minn. Aaron Lavinsky | Star Tribune via Getty Images A study in England looking at persistent Covid-19 symptoms suggests that around 2 million
This summer’s Tokyo Paralympics present an opportunity for businesses to embrace a vastly underrepresented segment of the workforce and aid the global coronavirus recovery, experts said. The decades-old Games, which showcase the sporting talents of leading disabled athletes, have been instrumental in removing taboos around often “shunned or excluded” members of society, International Paralympic Committee
In this article CMG Chipotle restaurant workers fill orders for customers. Getty Images Chipotle Mexican Grill’s margins could take a hit from the predicted decline in avocado shipments next quarter, according to Truist analyst Jake Bartlett. The Hass Avocado Board is forecasting a 5.8% decline in avocado shipments during the third quarter compared with last
In this article POSH ThredUp is an online consignment and thrift store. It has struck partnerships with retailers, including Walmart. ThredUP Secondhand apparel has gained popularity among shoppers and now, some want the government to give it a boost. Nearly half of consumers — 44% — think the government should promote a more sustainable approach
In this article MS A view of the Morgan Stanley offices in Canary Wharf, London, U.K. iStock Editorial | Getty Images Morgan Stanley on Tuesday told its staff that workers and clients who are not vaccinated against Covid-19 will be barred from returning to New York City and Westchester County offices with a large employee
Longtime crypto bull Meltem Demirors reiterated her confidence in the cryptocurrency Tuesday, telling CNBC she believes the correction in bitcoin is simply weeding out the investors with “paper hands.” Paper hands is a term used in the crypto community to characterize people who sell a digital asset such as bitcoin when turbulence strikes markets. It’s