Business

US Commerce Secretary Gina Raimondo discusses the impact of the semiconductor chip shortage at UAW Region 1A office in Taylor, Michigan on November 29, 2021. Jeff Kowalsky | AFP | Getty Images DETROIT – Commerce Secretary Gina Raimondo on Monday urged the U.S. House to immediately pass legislation that supports American production of semiconductor chips
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Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, testifies during the Senate Health, Education, Labor and Pensions Committee hearing titled Next Steps: The Road Ahead for the COVID-19 Response, in Dirksen Building on Thursday, November 4, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Americans need to be
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In this article CMCSA DIS Stephanie Beatriz voices Mirabel Madrigal in Disney’s “Encanto.” Disney While the Thanksgiving box office didn’t deliver the typically strong results that the movie theater industry has come to expect in the last decade, ticket sales for new titles fueled confidence that a recovery is well underway. Over the five-day holiday
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Shoppers with bags from various stores stand next to each other as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. Jon Cherry | Reuters Traffic at retail stores on Black Friday dropped 28.3% compared with 2019 levels, as Americans shifted more of their spending online and
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A nurse prepares the Pfizer-BioNTech Covid-19 vaccine for children for distribution in Montreal, Quebec on November 24, 2021. ANDREJ IVANOV | AFP | Getty Images The World Health Organization on Friday assigned the Greek letter omicron to a newly identified Covid variant in South Africa. The U.N. health agency recognized the strain, first referred to
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Health Deputy Minister Dr Joe Phaahla, September 02, 2020 in Springs, South Africa. OJ Koloti | Gallo Images | Getty Images South African Health Minister Joe Phaahla said Friday that other countries’ decisions to impose travel restrictions amid concerns over the detection of a heavily mutated variant of Covid-19 in his country is “unjustified.” “The
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Registered Nurse Savanah Wagstaff watches as Aliza Burns, a nursing student at Brigham Young University–Idaho, treats a coronavirus disease (COVID-19) positive patient in his isolation room at Madison Memorial Hospital in Rexburg, Idaho, U.S., October 28, 2021. Shannon Stapleton | Reuters Global markets went into a tailspin Friday following news of a heavily-mutated Covid-19 variant
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RT: Maria Van Kerkhove, Head a.i. Emerging Diseases and Zoonosis at the World Health Organization (WHO), speaks during a news conference on the situation of the coronavirus at the United Nations in Geneva, Switzerland, January 29, 2020. Denis Balibouse | Reuters The World Health Organization is monitoring a new variant with numerous mutations to the
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A technologist inspects a computer chip. Sefa Ozel | E+ | Getty Images GUANGZHOU, China — China’s technology sector has taken a wild ride over the past year, with regulations tightened, billions of dollars wiped off companies’ market value, and a continuing push from Beijing for technological self-sufficiency. Those are among the important themes that
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In this article GPS Gap CEO Sonia Syngal on Tuesday defended the apparel retailer’s air freight investments, telling CNBC’s Jim Cramer the near-term profitability impacts were worth taking ahead of the crucial holiday shopping season. In a “Mad Money” interview after Gap’s disappointing quarterly results, Syngal said the company decided to take those costly transportation
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U.S. President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Thursday, Oct. 14, 2021. Al Drago | Bloomberg | Getty Images The Biden administration on Tuesday asked a federal appeals court to immediately lift an order halting its Covid vaccine and testing requirements for private businesses, warning that delaying
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