In this article AMZN Amazon warehouse working conditions and worker injuries have been a constant source of tension between the corporate giant and its critics. A new safety and wellness program is rolling out to all U.S. sites by year-end as Jeff Bezos’s company continues to add a massive amount of new employees. CHRIS J
Business
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press | Corbis News | Getty Images A jury found Walmart broke the law when it fired a longtime employee with Down syndrome.
Oil firms on Saturday cut nearly 91% of U.S. Gulf of Mexico crude oil production, roughly 1.65 million barrels, as Hurricane Ida makes its way toward major U.S. offshore oilfields, according to the Bureau of Safety and Environmental Enforcement. The regulator also estimated that roughly 84.87% of natural gas production in the Gulf of Mexico has
Children participate in an activity in class at the Xavier Academy on August 23, 2021 in Houston, Texas. In-person classroom sessions are resuming and schools around Houston are requiring mask mandates, keeping in accordance with CDC guidelines. Brandon Bell | Getty Images CDC Director Dr. Rochelle Walensky said Friday that recently reopened schools that are
US President Joe Biden meets with Israeli Prime Minister Naftali Bennett in the Oval Office of the White House in Washington, DC, on August 27, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden said U.S. regulators are looking at administering Covid-19 booster shots five months after people finish their primary immunizations, moving
In this article SPCE Billionaire businessman Jeff Bezos is launched with three crew members aboard a New Shepard rocket on the world’s first unpiloted suborbital flight from Blue Origin’s Launch Site 1 near Van Horn, Texas, July 20, 2021. Joe Skipper | Reuters The space industry is taking off after decades of stagnation. Driven largely
Dr. Ezekiel Emanuel told CNBC on Friday he believes it’s important for people to keep wear face coverings, especially in schools, until a larger percentage of the U.S. population has received a Covid vaccine. In an interview on “Squawk Box,” the former Obama health advisor said he wasn’t advocating for “permanent masks” in society. Rather, he
A woman reacts as she gets inoculated with a dose of the Covishield vaccine against Covid-19 at a vaccination center in Mumbai on August 12, 2021. PUNIT PARANJPE | AFP | Getty Images The world economy is set to lose trillions in GDP because of delayed vaccination timelines, with developing economies bearing most of the
Texas Governor Greg Abbott speaking at a press conference at the Texas State Capitol in Austin on May 18, 2020. Lynda M. Gonzalez-Pool | Getty Images Texas Gov. Greg Abbott is asking for 2,500 additional medical personnel from across the country to help alleviate pressure on the state’s health-care system imposed by this summer’s Covid
In this article BMW-DE BMW will unveil a new vehicle later this year that will be built at its plant in South Carolina, Chairman Oliver Zipse told CNBC. The Spartanburg plant currently produces the BMW X3, X4, X5, X6 and X7 as well as performance models of most of the vehicles. “At the end of
Australian carrier Qantas expects international flights to the U.S., the U.K. and parts of Asia to resume by Christmas, CEO Alan Joyce said Thursday. Since March last year, Australia has closed its borders to most foreign visitors and banned residents from leaving unless they had valid reasons. “We know there’s huge underlying demand. People don’t
In this article ULTA Florida, Port St Lucie, The Landing at Tradition, outdoor mall, Ulta, beauty cosmetics store. Jeff Greenberg | Universal Images Group | Getty Images Ulta Beauty shares rose nearly 5% in extended trading on Wednesday after the company reported fiscal second-quarter sales jumped more than 60% as shoppers rushed in to restock
Flight attendants hand out refreshments to a packed Delta Airlines flight traveling from Ronald Regan National Airport to MinneapolisSaint Paul International Airport on Friday, May 21, 2021. Kent Nishimura | Los Angeles Times | Getty Images Delta Air Lines CEO Ed Bastian notified employees Wednesday that they will face $200 monthly increases on their health
Hydrogen fuel cell vehicles are set to become a major player in China’s commercial truck market, predicts JPMorgan’s Elaine Wu. “Currently, the fuel cell vehicles account for less than 5% of the commercial truck market in China and that could grow to about one-third of total market share in 2050,” Wu, head of Asia ex-Japan
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making headlines in after hours trading. Nordstrom — Shares of the retailer slid more than 3% in extended trading despite Nordstrom beating top- and bottom-line estimates during the second quarter. The company earned 49
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, gives an opening statement during a Senate Health, Education, Labor and Pensions Committee hearing to discuss the on-going federal response to COVID-19, at the U.S. Capitol in Washington, D.C., May 11, 2021. Greg Nash | Pool | Reuters White House chief medical
In this article WMT GoLocal homepage Walmart Walmart on Tuesday announced the launch of a delivery service called GoLocal, which will carry goods from other local retailers to consumers. The company said it expects to begin shipping by the end of 2021 and that the delivery fleet would include newer technologies, such as self-driving vehicles
In this article 22UA-DE PFE U.S. President Joe Biden speaks in the East Room of the White House in Washington, D.C., on Wednesday, Aug. 18, 2021. Pete Marovich | Bloomberg | Getty Images President Joe Biden on Monday once again urged more Americans to get vaccinated against Covid-19, saying the majority of deaths and hospitalizations
Tourists in gondolas in Venice, Italy, one of Italy’s most famous places for tourists. Ngoc To Vy Nguyen | EyeEm | Getty Images Venice is set to impose an entry fee for visitors in a bid to prevent huge swathes of tourists descending on the city. Italian newspaper La Stampa reported over the weekend that
In this article BTC.BS=-USS An illustration showing physical bitcoins alongside binary code displayed on a laptop. Jakub Porzycki | NurPhoto via Getty Images Bitcoin neared $50,000 as it continues to rebound after months of weakness The world’s largest digital currency by market value rose to $49,821 on Saturday afternoon in New York, according to data from Coinbase.