Business

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
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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. 
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The new potential coronavirus treatment dexamethasone is a “good first step” to finding a cocktail of drugs that can effectively treat Covid-19, Oxford University professor Martin Landray, who co-led the study that found the drug to improve survival among patients, told CNBC on Tuesday. Landray and his team earlier Tuesday published the results of a study, which
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World Health Organization Director-General Tedros Adhanom Ghebreyesus R speaks at a daily briefing in Geneva, Switzerland, on March 2, 2020. Chen Junxia | Xinhua News Agency | Getty Images The World Health Organization said on Monday that more scientists globally should investigate disease clusters to analyze what is driving infection and causing further spread, in
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New coronavirus cases and hospitalizations continue to rise in a handful of U.S. states, prompting warnings from some health officials that greater precautions might be necessary to keep the health systems from being overwhelmed. As people grow fatigued from social distancing and other precautions, pharmaceutical and biotech companies are racing forward to develop treatments and
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With multiple drugmakers in a push for a Covid-19 vaccine, countries are preparing for when it is finally available and putting deals in place with companies to prepare for the eventual distribution. AstraZeneca, which has a vaccine under development at Oxford and is expected to complete the experimental phase by the fall, agreed to deals with
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As many U.S. states continue to lift coronavirus lockdown restrictions, some are pausing their reopenings in the face of worrisome data around new cases and hospitalizations. States like Texas, Arizona and Arkansas have seen a surge in infections, calling into question aggressive reopening strategies.  Officials at the Centers for Disease Control and Prevention said Friday
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