Business

Kraft and Heinz products Scott Olson | Getty Images Kraft Heinz is scheduled to present its new strategy for the company on Tuesday morning to investors, who are looking to hear more details on coming innovation and cost savings and any hints about plans to further downsize its portfolio of iconic brands. In recent years,

Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, March 25, 2020. Elijah Nouvelage | Reuters Delta Air Lines said Monday that it will borrow $6.5 billion backed by its frequent-flyer program, the third airline to tap

Coronavirus cases continued to grow over the weekend in nearly a dozen U.S. states as Dr. Anthony Fauci, the nation’s leading infectious disease expert, warns about the nation’s worrying level of new infections. Covid-19 cases were growing by 5% or more, based on a weekly average to smooth out daily reporting, in 11 states as

U.S. President Donald Trump speaks to reporters during a news conference in the Brady Press Briefing Room at the White House in Washington, September 10, 2020. Kevin Lamarque | Reuters A group of 78 researchers and doctors from Stanford Medical School are calling out former colleague and White House coronavirus advisor Dr. Scott Atlas for spreading what

Gal Gadot stars in “Wonder Woman 1984.” Warner Bros. Warner Bros. has once again postponed the release of “Wonder Woman 1984.” The superhero flick starring Gal Gadot will now debut on Christmas Day. For days, media outlets had speculated that the film would uproot from its Oct. 2 release date for a slot later in the

Nikola Motor Company Badger pickup truck Source: Nikola Motor Company Nikola shares tumbled about 15% on Friday after the electric vehicle company dismissed fraud allegations made in a report by short selling firm Hindenburg Research. Nikola said it is considering legal options, retaining Kirkland & Ellis, and that it plans to bring documents to the Security and

In this May 27, 2020 file photo, a worker at a daycare center in Tacoma, Wash., wears a mask as she cleans a tricycle following use by a class, a task that is repeated several times a day. Ted S. Warren | AP Twelve kids who likely caught Covid-19 at three childcare centers in Utah

Climbing Covid-19 cases among university students living in fraternity and sorority houses in the U.S. have threatened to overturn carefully crafted plans for returning students to campus, school officials say.  At the University of Tennessee,  Chancellor Donde Plowman called out fraternities Tuesday for hosting secret parties and giving others tips on how to avoid the

Gal Gadot stars as Wonder Woman in Warner Bros. “Wonder Woman 1984.” Warner Bros. The movie theater industry is in trouble. “Tenet” was supposed to relaunch the U.S. box office, to prove that Americans are confident in coronavirus safety measures and eager to return to cinemas. It didn’t.  The muted opening weekend of the Warner

Director of the National Institute of Allergy and Infectious Diseases Anthony Fauci (R) listens as US President Donald Trump speaks during the daily briefing on the novel coronavirus, COVID-19, at the White House on March 24, 2020, in Washington, DC. Mandel Ngan | AFP | Getty Images The current data on the U.S. Covid-19 outbreak

FDA Commissioner Stephen Hahn testifies before the Senate Health, Education, Labor and Pensions (HELP) Committee hearing on Capitol Hill in Washington DC on June 30, 2020 in Washington,DC. Kevin Dietsch | AFP | Getty Images The head of the Food and Drug Administration on Thursday said he has “no intention” of overruling career scientists at the

Lucid Motors has collaborated with Amazon to bring its voice assistant software into its debut electric vehicle, and CEO Peter Rawlinson dismissed concerns about the e-commerce giant serving as a threat in the auto market.  “I don’t think there’s a competition there. We’re happy to have Amazon Alexa as part of our technology suite,” Rawlinson said

D Color Flawless Diamond Source: Sotheby’s Sotheby’s is set to auction off a 102-carat diamond that could become the most expensive jewel ever sold to an online bidder. The stone, a 102.39-carat D Colour Flawless Oval Diamond, could fetch $10 million to $30 million. Only seven flawless white diamonds of more than 100 carats have

The Lucid Air sedan, which is expected to go into production next year at a plant being constructed in Arizona. Lucid Electric vehicle start-up Lucid is touting its all-electric Air sedan as a more efficient, faster and spacious vehicle than the Tesla Model S, a car the company’s CEO Peter Rawlinson helped develop. “What we’ve

A J.C. Penney store in Laguna Hills, California Scott Mlyn | CNBC U.S. mall owners Simon Property Group and Brookfield Property Partners are close to finalizing an $800 million deal to rescue the embattled department store chain J.C. Penney from bankruptcy, avoiding a total liquidation and saving about 70,000 jobs and 650 stores, Joshua Sussberg of

New York Gov. Andrew Cuomo speaks during the daily media briefing at the Office of the Governor of the State of New York on June 12, 2020 in New York City. Jeenah Moon | Getty Images New York City restaurants will be allowed to reopen their indoor dining areas at 25% capacity beginning Sept. 30,

An engineer shows an experimental vaccine for the COVID-19 coronavirus that was tested at the Quality Control Laboratory at the Sinovac Biotech facilities in Beijing. Nicolas Asfouri | AFP | Getty Images LONDON  — The U.K.’s health minister on Wednesday rushed to defend AstraZeneca’s decision to pause a closely-watched coronavirus vaccine trial due to safety

Americans love their cars, but many hate the process of buying them. The trip to the dealership can often be one that fills car buyers with dread, as they imagine the sometimes hours-long process of negotiating a purchase with professional salespeople.  Of course, with sales at or near record levels in recent years, any angst

Starbucks shift supervisor Adan Miranda wears a face mask as he serves a drink to a customer while standing behind a plexiglass shield in a booth outside the store in Sacramento, Calif., Thursday, May 21, 2020. Rich Pedroncelli | AP The coronavirus pandemic is spurring on a growing number of restaurant chains to build restaurants

Getty Images Grocery chain Giant Eagle turned one of its stores into a checkout-less shopping experience. A handful of Price Chopper stores in Missouri are offering shoppers access to an app that can scan items and tally up their order, allowing them to skip the checkout line. Wegmans piloted a self-checkout app at three stores prior