Business

The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland / CNBC DETROIT – Tesla cars and SUVs are often compared to an iPhone on wheels. Tesla’s four models — the S, 3, X and Y SUV — literally spell out the word

Casino stocks are rallying as investors anticipate a rebound in travel and less rocky trade relations between the U.S. and China in the upcoming year, CNBC’s Jim Cramer said. The U.S. earlier Monday began inoculating citizens with a Covid-19 vaccine authorized by federal regulators for emergency use, which officials hope will help the country reopen

This creative image taken in a studio in Paris on November 16, 2020, showing a syringe and a vaccine vial with the reproducted logo of a US biotech firm Moderna, illustrates the announcement of an experimental vaccine against Covid-19 from Moderna that would be nearly 95% effective, marking a second major step forward in the

Shoppers were faced with partially empty shelves at a supermarket in London on March 14, 2020 when the coronavirus outbreak led to stockpiling. JUSTIN TALLIS | AFP | Getty Images British grocery stores are stockpiling food amid the possibility of a no-deal scenario as Brexit trade deal negotiations between the EU and U.K. go down

CDC headquarters in Atlanta Elijah Nouvelage | Bloomberg via Getty Images A key U.S. Centers for Disease Control and Prevention panel voted unanimously to recommend Pfizer–BioNTech‘s Covid-19 vaccine for people 16 years and older on Saturday, clearing another pivotal hurdle for the drug before vaccinations begin in the coming days. The CDC’s Advisory Committee on

Orlando Pride midfielder Bridget Callahan (22) shoots the ball during the NWSL soccer match between the Orlando Pride and the Washington Spirit on October 5, 2019 at Explorer Stadium in Orlando, FL. Andrew Bershaw | Icon Sportswire | Getty Images Women’s soccer had a great 2020 even in the midst of a pandemic, thanks to

The first Covid vaccine has just been cleared for emergency use in the U.S. Late Friday, the Food and Drug Administration authorized the Pfizer–BioNTech coronavirus inoculation for distribution across the country.  Within hours, FedEx and United Parcel Service will begin shipping 2.9 million doses of the vaccine from Pfizer plants to hospitals, clinics, and other

US President Donald Trump joins West Point cadets during the Army-Navy football game at Michie Stadium on December 12, 2020 in West Point, New York. Brendan Smialowski | AFP | Getty Images President Donald Trump did not wear a mask for some time while standing closely to West Point cadets and Naval Academy midshipmen —

Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic confirmed its latest spaceflight test was cut short after its SpaceShipTwo Unity vehicle attempted to launch above New Mexico on Saturday. An unofficial webcast hosted by space enthusiast forum NASASpaceflight appeared to show the spacecraft’s engine aborted after

The Food and Drug Administration vaccine advisory panel signed off on Pfizer’s Covid vaccine with a 17 to 4 vote, with one abstention on Thursday night. Dr. Archana Chatterjee, dean of the Chicago Medical School, was one of the four “no” votes. Chatterjee explained her decision during a Friday evening interview on “The News with

The Food and Drug Administration has approved Pfizer and BioNTech‘s coronavirus vaccine for emergency use, a monumental turning point in the once-in-a-century pandemic that has taken nearly 300,000 American lives in less than a year and wreaked havoc on the U.S. economy. The FDA’s emergency use authorization will now kick-start the federal government’s distribution of

A vial of the Pfizer/BioNTech COVID-19 vaccine is seen ahead of being administered at the Royal Victoria Hospital in Belfast, Northern Ireland December 8, 2020. Liam McBurney | Pool | Reuters The U.S. Food and Drug Administration is “rapidly” working toward clearing Pfizer’s Covid-19 vaccine for emergency use after a key panel overwhelmingly endorsed the

A laboratory technician supervises filling and packaging tests for the large-scale production and supply of the University of Oxfords COVID-19 vaccine candidate, AZD1222, conducted on a high-performance aseptic vial filling line on September 11, 2020 at Catalent in Anagni, Italy. Vincenzo Pinto | AFP | Getty Images LONDON — British pharmaceutical giant AstraZeneca said Friday

President-elect Joe Biden’s Covid advisory board member Dr. Atul Gawande told CNBC that the Covid-19 vaccine rollout “is a Herculean operation” with potential hitches along the way as Pfizer’s Covid vaccine just took a big step toward FDA approval for emergency use. “The biggest challenge is going to be both production and then getting it into

A vial of the Pfizer/BioNTech COVID-19 vaccine. Liam McBurney | Reuters A Food and Drug Administration panel is scheduled to vote Thursday on whether to recommend the approval of Pfizer and BioNTech‘s coronavirus vaccine for emergency use. The non-binding decision from the agency’s Vaccines and Related Biological Products Advisory Committee, an outside group of experts

People wear protective face masks outside Starbucks in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 29, 2020 in New York City. Noam Galai | Getty Images As the world prepares to distribute coronavirus vaccines, Starbucks is projecting a strong rebound to

General Gustave Perna, chief operating officer for the Defense Department’s Project Warp Speed, speaks during an Operation Warp Speed vaccine summit at the White House in Washington, D.C., U.S., on Tuesday, Dec. 8, 2020. Al Drago | Bloomberg | Getty Images U.S. officials said the federal government plans to start distributing 2.9 million Covid-19 vaccine

Mellody Hobson and George Lucas attend the 2017 LACMA Art + Film Gala Honoring Mark Bradford and George Lucas presented by Gucci at LACMA on November 4, 2017 in Los Angeles, California. JB Lacroix | WireImage | Getty Images Starbucks said Wednesday that Mellody Hobson will serve as the next non-executive chair of its board.

CoolSprings Galleria Mall, Franklin, TN Source: CBL Properties With winter looming, America’s mall owners face troubling days ahead in the global health crisis, according to a new report from S&P Global Market Intelligence. As the Covid pandemic worsens, and cases and hospitalizations keep climbing to new records in the U.S., mall owners face the threat

Joby air taxi eVTOL demonstrator. After more than six years of secret development, Joby Aviation lifts the lid on its innovative eVTOL air taxi program. Source: Joby Aviation The air taxi business is at least a couple of years from taking off, but it’s already seeing consolidation among start-ups. California-based Joby Aviation, which is developing