Business

President Trump traveled to Bedminster, New Jersey for a roundtable event with supporters and a fundraising event. Drew Angerer | Getty Images The coronavirus works to infect all it can, world leaders included. President Donald Trump announced early Friday that he and first lady Melania Trump tested positive for the virus. White House chief of staff Mark Meadows said the
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The Key Auto Mall car dealership in Moline, Illinois. Daniel Acker | Bloomberg | Getty Images Fiat Chrysler and General Motor’s auto sales fell in the third quarter, but both automakers saw a significant rebound in demand from the second quarter when the pandemic wreaked havoc on the industry. Fiat Chrysler’s sales fell 10% from a year
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Pfizer’s CEO Albert Bourla sent a memo to employees Thursday criticizing this weeks U.S. presidential debate as “disappointing,” saying the political rhetoric surrounding the outbreak and vaccine development is “undercutting public confidence.” “Once more, I was disappointed that the prevention for a deadly disease was discussed in political terms rather than scientific facts,” he wrote.
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Luke Hutchison said he signed up to a coronavirus vaccine trial because he’s “pro science” Luke Hutchison Luke Hutchison woke up in the middle of the night with chills and a fever after taking the Covid-19 booster shot in Moderna’s vaccine trial. Another coronavirus vaccine trial participant, testing Pfizer’s candidate, similarly woke up with chills, shaking so
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An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020. Andrew Caballero-Reynolds | Getty Images American Airlines and United Airlines will start furloughing more than 32,000 employees on Thursday after talks for a national coronavirus aid package failed in Washington, but both carriers say they
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A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, U.S., April 5, 2020. Joshua Roberts | Reuters The Treasury Department on Tuesday said airlines could receive larger federal loans than previously expected after some carriers opted
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Nikola Motor Company Badger pickup truck Source: Nikola Motor Company General Motors and Nikola are not expected to finalize a $2 billion deal scheduled to close before Wednesday after allegations of fraud and sexual abuse surfaced against the embattled start-up’s founder and former executive chairman, Trevor Milton, according to two people familiar with the negotiations. Executives at both companies
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Time Square, New York, April 8, 2016, Times Square is a major landmark of New York, brightly adorned with billboards and advertisements. William Rodrigues dos Santos Harrison Chapman gave his girlfriend tickets to see “West Side Story” last December, thinking he had delivered the perfect Christmas present. However, two weeks before they were set to
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A municipal worker sanitizes a Roman Catholic Church graveyard after the burial of Covid-19 coronavirus infected people in Ranchi on September 6, 2020. AFP | Getty Images The coronavirus has killed at least 1 million people across the globe, a nightmarish milestone in the world’s fight against the virus that emerged from Wuhan, China, late
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LONDON — When Allbirds founders Tim Brown and Joey Zwillinger launched the footwear brand in 2016, they wanted to make a simple-looking shoe that was logo-free. They started with a sneaker that had a wool upper, and ads claimed they were the “world’s most comfortable” shoes. Their sneakers soon became the go-to footwear of Silicon
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SINGAPORE — Airlines will need to meet a “harmonized” standard of health measures as air travel returns following the global pandemic, according to the CEO of Etihad Airways. “I can see that wellness certification will become a necessary function of how the whole of the world comes back to flying,” Tony Douglas told CNBC’s Hadley Gamble
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Cruise stocks are climbing. Shares of Carnival, Royal Caribbean Group and Norwegian Cruise Line Holdings surged Friday after Barclays analysts upgraded all three stocks to overweight from equal weight, saying the group was “nearing an inflection point.” The firm cited the Centers for Disease Control and Prevention’s upcoming announcement regarding the end of its no-sail
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Gabriela Esparza and Zach Wu, wastewater control inspectors with EBMUD, cap 24 separate bottles while retrieving collection equipment and the samples in Oakland, Calif. on Tuesday, July 14, 2020. Paul Chinn | San Francisco Chronicle | Getty Images The Department of Health and Human Services is seeking bids from contractors that can carry out a
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Executive Director of the World Health Organization’s (WHO) emergencies program Mike Ryan speaks at a news conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Denis Balibouse | Reuters As the global death toll from the coronavirus approaches 1 million people, it’s “not impossible” to consider that number doubling if countries don’t uniformly work to
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