In this article DENN Denny’s CEO John Miller told CNBC on Thursday the restaurant chain has had trouble filling open positions, but pay concerns have not been what’s kept prospective workers away during the economic reopening. “I think the starting wage for a brand like Denny’s is really not the challenge,” Miller said on “Power
Business
In this article GM Brand new Chevrolet cars are displayed on the sales lot at Stewart Chevrolet on May 14, 2021 in Colma, California. Justin Sullivan | Getty Images DETROIT – General Motors’ U.S. vehicle sales during the second quarter were slightly lower than analyst expectations as an ongoing shortage of semiconductor chips impacted vehicle
Indonesia’s government added hospital bed capacity in preparation for a post-holiday increase in Covid infections, but parts of the country are still running out of beds as daily cases surge to new highs, according to Health Minister Budi Gunadi Sadikin. He told CNBC’s “Street Signs Asia” that Indonesia has up to around 130,000 beds dedicated
In this article CMG CNBC’s Jim Cramer said Wednesday that he is bullish on Chipotle, predicting that the stock is poised to break to the upside. “This one’s ready. Chipotle’s already rallied hard off its lows, but after five months of mostly trading sideways, it’s a coiled spring,” the “Mad Money” host said. Shares of
People rest at the Oregon Convention Center cooling station in Oregon, Portland on June 28, 2021, as a heatwave moves over much of the United States. Kathryn Elsesser | AFP | Getty Images President Joe Biden on Wednesday will host a virtual meeting with Western governors to discuss the drought and heat waves in the
Serena Williams of The United States reacts as she winces in pain in her Ladies’ Singles First Round match against Aliaksandra Sasnovich of Belarus during Day Two of The Championships – Wimbledon 2021 Jed Leicester | Getty Images Sport | Getty Images Serena Williams’ bid for a record-equaling 24th Grand Slam singles crown ended in
In this article RCL Royal Caribbean International said Tuesday that it will require all guests over the age of 16, traveling from U.S. ports, except those in Florida, to be fully vaccinated. Travelers aboard ships leaving from Florida ports are strongly recommended to be fully vaccinated, but not required to be. Florida Governor Ron DeSantis
In this article MRNA A health care worker prepares a dose of the Moderna Inc. Covid-19 vaccine at the Pacheco vaccination center in Brussels, Belgium, on Tuesday, Feb. 9, 2021. Geert Vanden Wijngaert | Bloomberg | Getty Images Moderna said Tuesday its Covid-19 vaccine showed promise in a lab setting against coronavirus variants, including the
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
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