Japanese automaker Nissan has a history of saving itself from the brink of disaster. Right now it is trying to repeat the trick. Like all other automakers, the company is losing money from the coronavirus pandemic. But it’s also trying to recover from some self-inflicted wounds by former Nissan executives, including ex-CEO Carlos Ghosn. Now
Business
This year, instead of the traditional turkey, Nicole Beckler’s Thanksgiving table will feature two Cornish hens: the perfect sized birds for a dinner for two. Beckler, a travel agent based in Florida, downsized her dinner after deciding against flying to New Jersey to celebrate the holiday with her family. “Since New Jersey is kind of
Clark Duke, Kailey Crawford and Cloris Leachman voice Thunk, Sandy and Gran in “The Croods: A New Age” Universal The week of Thanksgiving is typically a robust time at the box office, but this year the coronavirus pandemic has crippled the film industry, leaving little doubt that the November holiday will suffer the same fate.
People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin. Andy Manis | Getty Images News | Getty Images The use of technology is going to make health care “almost free around the world,” according to venture capitalist Tim Draper. “Health care is completely going digital,” he
A worker passes a line of freezers holding coronavirus disease (COVID-19) vaccine candidate BNT162b2 at a Pfizer facility in Puurs, Belgium in an undated photograph. Pfizer | via Reuters Texas is preparing to start administering the first Covid-19 immunization shots in less than three weeks — as soon as the U.S. Food and Drug Administration
Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images The possiblity that Abercrombie & Fitch will face additional rounds of temporary store closures due to rising Covid-19 cases sent the retailer’s shares down Tuesday, despite it reporting an earnings beat, as investors
Dick’s Sporting Goods on Tuesday announced its current president, Lauren Hobart, is set to succeed Ed Stack as chief executive on Feb. 1. Stack, 65, will transition to executive chairman and remain chief merchant, the company said in a news release. He took over the business from his dad in 1984, when he was then
An employee bags a customer’s purchases at a Kroger store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images For some grocery workers who stock shelves and check out customers, the past few weeks have felt like deja vu. Hand sanitizer and masks are in short supply. Some customers shop without wearing a mask.
President Donald Trump delivers remarks at American Center for Mobility in Ypsilanti, Michigan with General Motors CEO Mary Barra and other auto industry executives on March 15, 2017. Nicolas Kamm | AFP | Getty Images General Motors is withdrawing from litigation led by the Trump administration against California over the state’s right to set its
A customer pushes a shopping cart containing stuffed toys at a Target Corp. store in the Queens borough of New York, U.S, on Thursday, Nov. 28, 2019. Bess Adler | Bloomberg | Getty Images On Thanksgiving Day, eager bargain hunters usually head to the store and shoulder their way through crowded aisles to get a
Operation Warp Speed chief advisor Dr. Moncef Slaoui has had “no contact” with the incoming Biden administration regarding the transition process and vaccine distribution plans. Since President-elect Joe Biden won the election, President Donald Trump has refused to concede and his campaign has challenged the results of the election in court. Despite his lack of communication with the
Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Some retailers are betting that lip glosses, eye shadow palettes and facial scrubs will be the next big thing to drive customers, especially younger
View of Corporate and Research and Development Headquarters of Regeneron Pharmaceuticals on Old Saw Mill River Road in Tarrytown, New York. Lev Radin | LightRocket | Getty Images The Food and Drug Administration on Saturday granted an emergency use authorization for Regeneron‘s Covid-19 antibody treatment, the experimental therapy given to President Donald Trump when he
The 2020 election. Unrest in the streets. A crippling pandemic. This trifecta of events made people worry about the future of America. And when people are worried in America, they buy guns. Gun sales in 2020 have surged, and the market for gun parts and ammunition has gone up with it. Federal background checks have
Medical workers wearing personal protective equipment (PPE) administer Covid-19 tests at a drive-thru testing site at the Alemany Farmers Market in San Francisco, California, U.S., on Thursday, Nov. 19, 2020. David Paul Morris | Bloomberg | Getty Images The United States reported 187,833 new Covid-19 cases on Thursday, yet another record-breaking daily total as U.S.
When the coronavirus pandemic hit, many Americans not only switched to working remotely and cooking more meals. They began checking off tasks on the “to do list,” from painting walls to replacing old appliances. Home Depot and Lowe’s reported that appetite for home improvement continued in the third quarter, as consumers invested in one of
WILMINGTON, DE – NOVEMBER 19: President-elect Joe Biden answers a reporter question after he delivered remarks at the Queen in Wilmington, Delaware on Thursday, Nov. 19, 2020. (Photo by Salwan Georges/The Washington Post via Getty Images) The Washington Post | The Washington Post | Getty Images President-elect Joe Biden will reenter the U.S. into the
Vials of coronavirus disease (COVID-19) vaccine candidate BNT162b2 are sorted at a Pfizer facility in Puurs, Belgium in an undated still image from video. Pfizer | Reuters Five federal agencies have started telling employees they could receive Pfizer or Moderna’s Covid-19 vaccine in as little as eight weeks as the U.S. prepares to distribute the
The Department of Health and Human Services has launched a pilot program with five states to introduce the rapid, point-of-care Covid-19 test, using the same diagnostics the National Basketball Association employed to finish its season, the agency announced Thursday. The pilot program — adopted by Florida, Louisiana, New Jersey, Texas and Alaska — is expected
General Motors has no plans at this time to spin off its electric vehicle business despite pressure from Wall Street to do so, GM President Mark Reuss told CNBC. Reuss said the Detroit automaker analyzed the potential of a spinoff and determined it would not be the right thing for its business, citing costs as