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Volkswagen’s ID Buzz vehicle. Aeva Volkswagen is accelerating its plans for all-electric vehicles in a bid to become “the world’s most desirable brand for sustainable mobility,” a title arguably already owned by Tesla. The German automaker Friday morning said more than 70% of its Volkswagen brand’s European sales will be EVs by 2030, up from

Detroit Mayor Mike Duggan rejected an initial allotment of the single-shot Johnson & Johnson Covid-19 vaccine this week, according to the Michigan state health department. At a press briefing Thursday, Duggan confirmed he declined this week’s allocation of J&J vaccines from the state, citing sufficient supply of Pfizer and Moderna vaccines to cover demand from

Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing CEO Dave Calhoun was awarded $21 million in total compensation for his work last year, but he gave up $3.6 million in salary and bonuses after the coronavirus pandemic hit and devastated the industry. He took just $269,231 of his $1.4 million salary for the

Patrons Sari and Peter Melendez enjoy lunch at Katz’s Delicatessen, the famous deli founded in 1888, on the first day of the return to indoor dining for New York City, during the coronavirus disease (COVID-19) pandemic, in New York, February 12, 2021. Brendan McDermid | Reuters Easing mask mandates and reopening restaurants have led to

Prepared syringes at the Brussels Expo Covid-19 Vaccination Center in Brussels, Belgium, on Friday, March 5, 2021. Bloomberg | Bloomberg | Getty Images LONDON — Europe’s coronavirus vaccine rollout has been thrust into the spotlight once again after the Italian government blocked a shipment of Oxford-AstraZeneca vaccines to Australia. The EU has struggled to distribute

Louis Conforti, CEO of the Washington Prime Group, on CNBC’s Mad Money. Source: CNBC The U.S. shopping mall owner Washington Prime Group is preparing to potentially file for Chapter 11 bankruptcy protection, with time running thin before the company defaults after it skipped an interest payment on its debt, Bloomberg reported Thursday. Last month, Washington

A man enters a building with rental apartments available on August 19, 2020 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images Sales contracts in Manhattan soared by 73% in February, and brokers say the days of big price cuts and deals in the city may be ending. There

Brian Niccol, CEO of Chipotle Mexican Grill Adam Jeffery | CNBC Chipotle Mexican Grill said Thursday that executive compensation will now be linked to hitting targets tied to the company’s environmental and diversity goals. The burrito chain is following in the footsteps of Starbucks and McDonald’s, both of which recently announced that performance for racial

General Motors employees work on the assembly line at the Fairfax Assembly & Stamping Plant in Kansas City, Kansas. Jim Barcus for General Motors DETROIT — General Motors is extending temporary shutdowns at three of its North American plants due to a global semiconductor chip shortage, which is expected to shed billions off automakers’ earnings

LONDON — British luxury carmaker Aston Martin on Wednesday launched a new Formula One car ahead of its return to the most famous motor racing event in the world. The Aston Martin Cognizant F1 team revealed the “AMR21” car at a virtual event that was broadcast from London. The AMR21 will compete in the 2021

Customs and manners are so important to Japanese culture that many travel websites have sections dedicated to the topic. Japan is currently closed to international travelers, but the country is exploring ways to safely reopen before the start of the Tokyo Summer Olympics, which is scheduled for late July. Tourists aren’t expected to understand all

Greg Abbott, governor of Texas, speaks during an Operation Warp Speed vaccine summit at the White House in Washington, D.C., on Tuesday, Dec. 8, 2020. Al Drago | Bloomberg | Getty Images The governors of Texas and Mississippi both announced Tuesday that they are lifting statewide mask mandates and allowing businesses to reopen at full

Disney has done it again. On Monday, reviews for the studio’s latest animated feature “Raya and the Last Dragon” began to trickle in, signaling that the House of Mouse has yet another hit on its hands. So far, the film, which is due to hit theaters and Disney+ premiere access on Friday, holds a 96%

Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Kohl’s on Tuesday reported fourth-quarter earnings and sales that topped analysts’ estimates, and pointed to stronger growth in 2021. Facing pressure from activist investors, the company said it will reinstate its dividend and

Gary Collis of Bunker Hill, West Virginia, receives his boost dose at a coronavirus disease (COVID-19) community vaccination event, as the vaccination rate in West Virginia ranks among highest in world, in Martinsburg, February 25, 2021. Kevin Lamarque | Reuters Johnson & Johnson‘s Covid-19 vaccine can be used as a substitute for a second jab

Tina Fey and Amy Poehler speak via livestream during the 78th Annual Golden Globe® Awards at The Rainbow Room on February 28, 2021 in New York City. Kevin Mazur | Getty Images Entertainment | Getty Images “Could this whole night have been an email?” co-host Tina Fey asked a small, socially distanced audience of first

Rocky Mountain Regional VA Medical Center registered nurse Patricia Stamper looks at a dose of the Pfizer-BioNTech COVID-19 vaccine before administering it to a health care worker at the hospital on December 16, 2020 in Aurora, Colorado. Michael Ciaglo | Getty Images The rapid development of vaccines for Covid has led to some debate over

Source: NBA Top Shot A LeBron James highlight sold for $200,000. A Zion Williamson edition went for a little less than that. The National Basketball Association has officially aligned itself for the future of the trading card marketplace, and currently, this game is sold out. The NBA partnered with Canadian-based Dapper Labs, makers of the

Johnson & Johnson Coronavirus vaccine illustration Dado Ruvic | Reuters An advisory panel to the Centers for Disease Control and Prevention voted unanimously Sunday to recommend the use of Johnson & Johnson‘s one-shot Covid-19 vaccine as the federal government prepares to ship out millions of doses this week. Once CDC Director Dr. Rochelle Walensky accepts

The Food and Drug Administration has approved Johnson & Johnson‘s Covid-19 vaccine for emergency use, giving the United States a third tool to fight the pandemic as highly contagious variants start to take root across the country. The FDA’s emergency use authorization Saturday kickstarts the federal government’s plan to distribute nearly 4 million doses of