Levi Strauss & Co. shares soared more than 9% Tuesday after the denim maker reported online sales growth of 52%, which helped offset losses elsewhere in the business during the fiscal third quarter. Management told analysts it expects the strong performance will continue into the holiday quarter, though it is calling for sales to be down
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Seema Verma, administrator of the Centers for Medicare and Medicaid Services, speaks at the daily coronavirus briefing at the White House on April 19, 2020 in Washington, DC. Tasos Katopodis | Getty Images The Department of Health and Human Services is threatening to withhold U.S. funding from hospitals that fail to comply with federal requirements
Police move in to disperse protesters in Trafalgar Square in London on September 26, 2020, at a ‘We Do Not Consent!’ mass rally against vaccination and government restrictions designed to fight the spread of the novel coronavirus, including the wearing of masks and taking tests for the virus. JUSTIN TALLIS | AFP | Getty Images
Cineworld CEO Mooky Greidinger told CNBC on Monday the theater chain made the decision to close its U.S. and U.K. locations because there are not enough blockbuster movies being released to attract attendees during the pandemic. “We are now like a kind of a grocery shop that have no food to sell,” Greidinger said on “Squawk Alley.” The parent
3D illustration of coronavirus on a colored background. Leonello Calvetti | Stocktrek Images | Getty Images The Centers for Disease Control and Prevention revised its guidance on the coronavirus Monday, acknowledging that it can sometimes spread through airborne particles that can “linger in the air for minutes to hours” and among people who are more
Dr. Scott Gottlieb on Monday urged the White House to develop stronger health protocols after the Covid-19 infection of President Donald Trump. Trump, who announced his diagnosis early Friday morning, is now being treated for Covid-19 at Walter Reed National Military Medical Center. “I hope the whole White House takes a different approach. I don’t think
A billboard advertising Chinese video app TikTok at Wangfujing street on August 20, 2020, in Beijing. VCG | Visual China Group | Getty Images GUANGZHOU, China — China’s technology giants — like their U.S. counterparts — have seen business thrive during the coronavirus pandemic. But the tech industry is at a crossroads, facing an uncertain
White House physician Sean Conley answers questions surrounded by other doctors, during an update on the condition of US President Donald Trump, on October 4, 2020, at Walter Reed Medical Center in Bethesda, Maryland. Brendan Smialowski | AFP | Getty Images President Donald Trump experienced two drops in his oxygen levels over the course of his
U.S. President Donald Trump walks to the South Lawn of the White House before boarding Marine One in Washington, D.C., U.S., on Friday, Oct. 2, 2020, on his say to Walter Reed National Military Medical Center to be treated for Covid-19, the White House said. Sarah Silbiger | Bloomberg | Getty Images President Donald Trump’s
2021 F-150 Limited Ford Sales of F-Series pickups and SUVs helped Ford Motor outperform its Detroit crosstown rivals as well as the broader auto industry in the third quarter. While Ford’s vehicle sales fell by just 4.9% from the same time last year, the drop was about half that of the broader industry and smaller
President Donald Trump announced Friday that he has tested positive for Covid-19, and he isn’t the first sitting president to contract a highly contagious and potentially deadly virus in the middle of a pandemic. Former President Woodrow Wilson became ill with the 1918 flu when he was in Paris in April 1919 organizing a peace treaty
Secretary of Health and Human Services Alex Azar speaks during a House Appropriations Subcommittee hearing in Washington, February 26, 2020. Amanda Voisard | Reuters Allowing the coronavirus to circulate through the U.S. population unchecked in an effort to achieve herd immunity is not the government’s plan, Health and Human Services Secretary Alex Azar said, despite
A United Airlines plane takes off above American Airlines planes on the tarmac at Los Angeles International Airport (LAX) on October 1, 2020. Mario Tama | Getty Images House Speaker Nancy Pelosi on Friday asked airlines to hold off on tens of thousands of job cuts that started this week, vowing additional aid for the battered sector,
President Trump traveled to Bedminster, New Jersey for a roundtable event with supporters and a fundraising event. Drew Angerer | Getty Images The coronavirus works to infect all it can, world leaders included. President Donald Trump announced early Friday that he and first lady Melania Trump tested positive for the virus. White House chief of staff Mark Meadows said the
Shoppers walk through The Mall at Short Hills shopping center on Black Friday in Short Hills, New Jersey, U.S., on Friday, Nov. 29, 2019. Gabby Jones | Bloomberg | Getty Images Black Friday has been losing its clout for years. The coronavirus pandemic could be what finishes it. The one-day event of doorbuster deals, packed mall
The Key Auto Mall car dealership in Moline, Illinois. Daniel Acker | Bloomberg | Getty Images Fiat Chrysler and General Motor’s auto sales fell in the third quarter, but both automakers saw a significant rebound in demand from the second quarter when the pandemic wreaked havoc on the industry. Fiat Chrysler’s sales fell 10% from a year
Pfizer’s CEO Albert Bourla sent a memo to employees Thursday criticizing this weeks U.S. presidential debate as “disappointing,” saying the political rhetoric surrounding the outbreak and vaccine development is “undercutting public confidence.” “Once more, I was disappointed that the prevention for a deadly disease was discussed in political terms rather than scientific facts,” he wrote.
Luke Hutchison said he signed up to a coronavirus vaccine trial because he’s “pro science” Luke Hutchison Luke Hutchison woke up in the middle of the night with chills and a fever after taking the Covid-19 booster shot in Moderna’s vaccine trial. Another coronavirus vaccine trial participant, testing Pfizer’s candidate, similarly woke up with chills, shaking so
An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020. Andrew Caballero-Reynolds | Getty Images American Airlines and United Airlines will start furloughing more than 32,000 employees on Thursday after talks for a national coronavirus aid package failed in Washington, but both carriers say they
When o.d.o. by Odo reopens its dining room for the first time in more than six months on Wednesday evening, the 14-seat chef’s counter that helped create its intimate atmosphere will be empty. Instead, up to eight diners will sit in a private dining room after getting their temperatures checked to enjoy a prix fixe