The 2019 Ford F-150 Limited pickup Mack Hogan | CNBC The importance of a new F-150 pickup to Ford Motor has never been greater. The automaker needs its highly profitable flagship product to drive a global restructuring plan and pay off debt related to the coronavirus pandemic. It also needs to convince Wall Street that
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States with growing coronavirus outbreaks might not need to shut down again like many did in March, but they might need to consider pausing or rolling back stages of reopening, White House coronavirus advisor Dr. Anthony Fauci said Tuesday. Fauci specifically cited Texas, Arizona, Florida and other states with “a serious problem” as places that
Director of the National Institute for Allergy and Infectious Diseases Dr. Anthony Fauci testifies before the House Committee on Energy and Commerce on the Trump Administration’s Response to the COVID-19 Pandemic, on Capitol Hill in Washington, DC, June 23, 2020. Kevin Dietsch | Pool via Reuters Dr. Anthony Fauci, the nation’s leading infectious disease expert,
White House coronavirus advisor Dr. Anthony Fauci, along with three other top U.S. health officials, are slated to answer questions from members of Congress about the national response to the pandemic on Tuesday. Top officials from the Centers for Disease Control and Prevention, the Food and Drug Administration and the Department of Health and Human Services
Dr. Daniel Kombert, medical director for the Care Logistics Center and the director for the Clinical Command Center, middle, works with other medical professionals as they answer calls and track data at the Hartford HealthCare COVID-19 Command Center in Newington, Conn., on March 10, 2020. Kassi Jackson | Hartford Courant | Tribune News Service via
Nicollette Guerrero gets swabbed for a coronavirus disease (COVID-19) test at a testing site in Civic Center Park in Denver, Colorado, June 20, 2020. Kevin Mohatt | Reuters Coronavirus cases reaching record numbers globally are not just the result of more countries testing, the World Health Organization said Monday. “We do not believe that this
A number of states across the U.S. continued to report a rise in new cases over the weekend, as White House trade advisor Peter Navarro told CNN’s “State of the Union” Sunday that the White House is preparing for a potential “problem in the fall.” This is CNBC’s live blog covering all the latest news on
Workers assists guests at check-in during the reopening of Bellagio hotel-casino on June 4, 2020, in Las Vegas. Ronda Churchill | AFP via Getty Images With states continuing to lift coronavirus restrictions, people across the U.S. have felt more comfortable traveling, taking transit, eating out and even moving to a new home. Improvement across the
Texas grocer Central Market turned salad bars and hot bars into packaged food displays during the pandemic. Source: Central Market Grocery stores have shut down self-serve salad bars during the pandemic. They’ve taken away displays of fresh olives and dips. And they’ve replaced giant kettles of ready-to-ladle hot soup with sealed to-go containers. The deli
The drug hydroxychloroquine, pushed by U.S. President Donald Trump and others in recent months as a possible treatment to people infected with the coronavirus disease (COVID-19), is displayed at the Rock Canyon Pharmacy in Provo, Utah, May 27, 2020. George Frey | Reuters The National Institutes of Health has halted its clinical trial of the anti-malaria drug hydroxychloroquine
The U.S reported some 30,000 new coronavirus cases on Friday, the highest number of daily infections recorded since May 1, according to data compiled by Johns Hopkins University. New cases across the country are surging faster than ever, especially in states in the South, West and Midwest. Officials are warning that some clusters of infections
Attorney General William Barr told the top federal prosecutor in Manhattan, Geoffrey Berman, that he was fired in a letter Saturday amid a power struggle over who will fill one of the most important federal law enforcement positions in the nation. This is breaking news. Please check back for updates
Nielsen‘s David Kenny in an appearance on CNBC on Friday explained why he embedded the position of chief diversity officer into his responsibilities as chief executive officer of the marketing firm. When asked his motive for leading the company’s diversity and inclusion initiatives, Kenny, who is White, said the top reason was “power.” “There is no more
“Theater Closed” signs are posted in front of the AMC Montebello, as the US chain of AMC movie theaters closes for 6 to 12 weeks, On March 17, 2020 in Montebello, California, as the coronavirus (covid-19) epidemic leads to restaurant and school closures and workers working from home in an effort to encourage social distancing.
A man holds a flag with the image of U.S. President Donald Trump in Tulsa, Oklahoma, U.S., on Friday, June 19, 2020. Matthew Hatcher | Bloomberg | Getty Images The White House insisted Friday that Covid-19 is “still a priority” for the administration, even as President Donald Trump prepares for a rally in Tulsa, Oklahoma that
The private-jet industry is seeing a rapid rebound from the coronavirus crisis, as new customers who had never flown private splurge to avoid the crowds and lines of commercial flying. While commercial traffic is running about 15% to 17% of last year’s totals, private flights are running at up to 70% or more of normal,
A sign is posted in front of a Hertz car sales and rental car office on August 8, 2017 in South San Francisco, California. Getty Images Hertz shares tumbled about 10% Thursday after the company said it plans to terminate a controversial stock sale. Earlier in the day, trading in Hertz shares were halted, awaiting the announcement.
President Donald Trump speaks during a news conference on the coronavirus, in the White House Rose Garden on April 27, 2020. Mandel Ngan | AFP | Getty Images On April 27, the White House coronavirus task force appeared in a Rose Garden event. The topic: “Opening Up America Again.” That was 52 days ago and would
Medical personnel move a deceased patient to a refrigerated truck serving as make shift morgues at Brooklyn Hospital Center on April 09, 2020 in New York City. Angela Weiss | AFP | Getty Images A coronavirus model once cited by the White House now projects more than 200,000 Americans could die of Covid-19 by Oct. 1,
Hertz has suspended its plan to sell up to $500 million in shares after the Securities and Exchange Commission voiced concern about the deal and launched a review. Trading of Hertz stock had been halted for several hours before resuming shortly before 3:30 p.m. ET. Once trading resumed, shares were volatile, jumping double digits before closing