S&P Global is widely known as a rating agency, but the rating business is expected to make up a much smaller portion of the company’s revenue after its big merger with IHS Markit. In an acquisition announced Monday, S&P Global revealed it would buy IHS Markit in a deal valuing …

Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla will be added to the S&P 500 in a single step despite its …

Pittsburgh Steelers quarterback Ben Roethlisberger (7) drops back to pass against the rush of Baltimore Ravens linebacker L.J. Fort (58) during the Pittsburgh Steelers game versus the Baltimore Ravens on November 1, 2020 at M&T Bank Stadium in Baltimore, MD. Mark Goldman | Icon Sportswire | Getty Images For a …

Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla will be added to the S&P 500 in a single step despite its …

The most-searched term on e-commerce site Etsy this year is “personalized gifts,” CEO Josh Silverman told CNBC on Monday. It is even more popular than queries for masks, a category that was virtually nonexistent on Etsy this year before the coronavirus pandemic caused a boom in sales, Silverman said in …

Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after hours: Zoom …

Dr. Scott Ellner, the chief executive of a Montana health system that is already “at or beyond capacity,” told CNBC on Monday plans were in place to handle an increase of Covid-19 patients stemming from Thanksgiving gatherings. “In Montana, our community, our people believe in their personal freedoms, and we …

People walk through the King of Prussia mall, on Black Friday, in King of Prussia, Pennsylvania. Sarah Silbiger | Reuters Instead of rushing to malls, Black Friday shoppers largely headed to retailers’ websites this year. The deal-heavy holiday came in the middle of a sales season that began in October …

Danielle Fontenot runs to a relative’s home in the rain with her son Hunter ahead of Hurricane Delta, Friday, Oct. 9, 2020, in Lake Charles, La. Gerald Herbert | AP An unforgiving hurricane season shattered records this year, producing the most named storms ever seen in the Atlantic and battering …

Demis Hassabis, CEO of Alphabet, Google DeepMind research group, at Google’s Future of Go Summit in China on May 23, 2017. LONDON — Alphabet-owned DeepMind has developed a piece of artificial intelligence software that can accurately predict the structure that proteins will fold into in a matter of days, solving …

A patient is transported outside of Tisch Hospital in New York on November 13, 2020. Kena Betancur | AFP | Getty Images The New York State Department of Health is implementing emergency hospital measures to help hospitals cope with the surge in Covid cases and hospitalizations as the outbreak grows …

An employee wearing a protective mask scans a package at an Amazon.com Inc. fulfillment center in Kegworth, U.K., on Monday, Oct. 12, 2020. Chris Ratclifre | Bloomberg | Getty Images Cyber Monday will put retail websites and warehouses to their biggest test yet. The industry is bracing for what is …

The Federal Aviation Administration said it supported the “first mass air shipment” of Covid-19 vaccines on Friday, as pharmaceutical companies and airlines prepare networks for broad distribution. United Airlines carried Pfizer‘s Covid-19 vaccine from Brussels to Chicago O’Hare International Airport, according to people familiar with the matter. Ahead of the …

Moderna in Cambridge, MA is pictured on Feb. 28, 2020. David L. Ryan | The Boston Globe via Getty Images Check out the companies making headlines midday Monday: Moderna — Shares rallied more than 14% after the drugmaker said its coronavirus vaccine candidate was more than 94% effective in preventing …

A health worker injects a person during clinical trials for a Covid-19 vaccine at Research Centers of America in Hollywood, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images Investment bank Goldman Sachs has forecast that more than 70% of people in developed markets will be vaccinated against the coronavirus …

Dr. Scott Gottlieb told CNBC on Monday that nearly one-third of U.S. residents could ultimately have been infected by the coronavirus by the end of 2020. The significant level of prior infections is likely to have implications for transmission of the coronavirus in 2021, when there is the potential for Covid-19 vaccines …

BOCA CHICA, TX – SEPTEMBER 28: Space enthusiasts look at a prototype of SpaceX’s Starship spacecraft at the company’s Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas. Loren Elliott | Getty Images News | Getty Images SpaceX may attempt the next test flight of its …

[The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] New York Gov. Andrew Cuomo is holding a press briefing Monday in New York City to update the public on the state’s response to the …

Holiday shopping doesn’t need to break the bank. More shoppers are expected to choose online shopping this holiday season amid the Covid-19 pandemic. But other dangers lurk online, and most shoppers are not aware that they could be putting their personal financial data at risk. A majority of shoppers — …

Shares of Nikola plunged more than 26% in trading Monday morning after General Motors announced that it is giving up an equity stake in the electric truck start-up and the two said they are dropping plans to build the Badger, Nikola’s pickup truck for consumers. In September, the automakers announced a $2 …

[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] The World Health Organization is holding a briefing Monday on the coronavirus pandemic after Moderna said it would request emergency clearance from the Food and …

The Borssele 1&2 offshore wind farm is located in waters off the coast of Zeeland, the Netherlands. Orsted A major offshore wind farm in the Netherlands is now fully operational, with its owners, Danish energy firm Orsted, claiming it provides enough green electricity to power one million households. Situated 23 …

People wait for their baggage in the terminal at Boston Logan International Airport in Boston on Nov. 25, 2020. Erin Clark | Boston Globe | Getty Images U.S. air travel rose to the highest levels since the start of the coronavirus pandemic, according to data released Monday, an increase that …

The Curry Brand’s performance basketball footwear will launch globally on Dec. 11, in the thick of the holiday season. Source: Under Armour Under Armour announced Monday the launch of the Curry Brand with NBA star Stephen Curry, a long-time Under Armour athlete, in a bid to reach younger consumers and …

Chioptle is testing smoked brisket in select markets. Chipotle Mexican Grill Customers could soon have another meat option at Chipotle Mexican Grill: smoked brisket. The chain said Monday that it’s testing the meat at participating locations in Cincinnati and Sacramento for a limited time. The brisket is seasoned with a …

The results of the Covid-19 vaccine trials are starting to come in, and they’re looking good. We could see distribution as early as December. In the history of medicine, the quickest vaccine to have ever been developed took four years. This one came in eight months. Pfizer, Moderna, AstraZeneca and …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow on track for best month in over 33 years A Wall Street sign is seen near the New York Stock Exchange (NYSE) in the financial district in New York, November 24, 2020. …

Check out the companies making headlines before the bell: Moderna — Shares Moderna rose more than 11% in premarket trading after the drugmaker said new data confirms the vaccine is more than 94% effective in preventing Covid-19. Moderna plans to request emergency clearance from the Food and Drug Administration on Monday. …

Moderna said Monday it will request emergency clearance from the Food and Drug Administration for its coronavirus vaccine after new data confirms the vaccine is more than 94% effective in preventing Covid-19 and was safe. Moderna is the second drugmaker to seek emergency use from the FDA after Pfizer, another …

A survey of small business owners across the U.S. finds confidence dropping to an all-time low after Biden’s election victory with fears that taxes will go up and regulations become more onerous. Boston Globe | Boston Globe | Getty Images Small business confidence has fallen to an all-time low after …

Commercial air travel has come a long way since the “Golden Age of Travel” — an era marked by glamour, gourmet food and dapper passengers.   While complaints about smaller seats and expensive tickets are rife today, a look into the history of commercial aviation shows that today’s customer experience …

An exhibitor shows inactivated COVID-19 vaccine candidate from China National Biotec Group of Sinopharm Group during the 2020 China International Fair for Trade in Services at the Beijing Olympic Park on September 5, 2020 in Beijing, China. Han Haidan | China News Service | Getty Images SINGAPORE – Developing countries …

The prehistoric family the Croods are challenged by a rival family the Bettermans, who claim to be better and more evolved. Universal “The Croods: A New Age” stunned at the box office this weekend, hauling in the biggest opening of any film released during the pandemic. The animated sequel garnered …

Response coordinator for White House Coronavirus Task Force Deborah Birx speaks as President Donald Trump listens during the daily briefing on the novel coronavirus, COVID-19, in the Brady Briefing Room of the White House in Washington, DC on April 21, 2020. Mandel Ngan | AFP | Getty Images WASHINGTON — White House …

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, wears a protective mask during a news conference in the White House in Washington, D.C., U.S., on Thursday, Nov. 19, 2020. Chris Kleponis | Bloomberg | Getty Images Dr. Anthony Fauci, the nation’s top infectious disease expert, said …

Shoppers walk past an Apple Store at Franklin Park Mall during Black Friday. Shoppers go to stores to take advantage of Black Friday sales during the COVID-19 pandemic. SOPA Images | LightRocket | Getty Images Traffic at stores on Black Friday fell by 52.1% compared with last year, as Americans …

The Harley-Davidson LiveWire electric motorcycle doesn’t have big sales yet, but CEO Jochen Zeitz recently remarked during an earnings call, “It’s also attracting new riders, new customers to the brand that might not have considered Harley-Davidson before.” Source: Harley-Davidson Tesla reached a $500 billion market valuation this week, a sign …

People visit at the Shops at Hudson Yards during early opening for the Black Friday sales in Manhattan, New York, November 27, 2020. Eduardo Munoz | Reuters Spending online on Black Friday this year surged nearly 22% to hit a new record, according to data from Adobe Analytics, as the …

Customer Tamara Jenkins tries on a hat with Meeka Robinson Davis, owner of One-Of-A-Kind Hats, as Davis’ daughter Chrstiana Davis looks on, at the store in the Windsor Hills neighborhood of Los Angeles, California, November 24, 2020. Patrick T. Fallon | AFP | Getty Images Holiday shoppers are not only …

People look at jewelry at Macy’s Herald Square during early opening for the Black Friday sales in Manhattan, New York, November 27, 2020. Eduardo Munoz | Reuters Online sales on Black Friday are on track to reach a record high this year, as bargain hunters combed websites for deals and …

A test tube labelled vaccine is seen in front of AstraZeneca logo in this illustration taken, September 9, 2020. Dado Ruvic | Reuters More data will be needed from AstraZeneca’s coronavirus vaccine trials to determine the drug’s safety and efficacy following concerns from experts in the U.S., scientists from the …

This year’s Black Friday is shaping up to be much different than usual. The Covid-19 pandemic’s impact on the retail sector and particularly brick-and-mortar stores was on full display Friday as deal-hungry shoppers opted to surf the web instead of hitting the mall for sales. Former Saks CEO Steve Sadove …

Passengers check bags for a Delta Air Lines, Inc. flight during the Covid-19 pandemic at Los Angeles International Airport (LAX) in Los Angeles, California, November 18, 2020. Patrick Fallon | AFP | Getty Images Delta Air Lines has canceled hundreds of flights over the Thanksgiving break as it grapples with …

Hardly any lines. Empty parking lots. More employees than customers in stores. These are just some of the scenes playing out across the United States the morning of Black Friday 2020, a shopping holiday that in the past has drawn hoards of people to stores to score doorbuster deals before …

Westend61 | Westend61 | Getty Images Remote workers — especially those who have been hopping to different states — could be on the hook for additional taxes when they file their returns next spring. It’s been nine months since the coronavirus pandemic first gripped the U.S. and led to many …

The lines that in recent weeks have stretched for hours at urgent care locations around New York City are not going away anytime soon, Summit CityMD CEO Dr. Jeffrey Le Benger told CNBC on Friday. Of the roughly 34,000 patients that Summit CityMD sees everyday in New York and New …

The coronavirus pandemic caused retailers to shift their approach to the holiday shopping season, opening the promotional window for Black Friday deals much earlier than years past. And some in the retail industry believe the adaptions may become standard practice going forward. “We’re seeing a fundamental change in the promotional …

[The stream is slated to start at 11:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] The World Health Organization is holding a briefing Friday on the coronavirus pandemic as cases in Europe begin to show signs of slowing after a …

A shop window with discount signs posted is seen in New York on Thanksgiving ahead of Black Friday on November 26, 2020. Kena Betancur | AFP | Getty Images Some shoppers may be avoiding stores during the coronavirus pandemic, but they’re still putting many items in the virtual shopping cart. …

One of November’s worst performers could soon see a sustained comeback. That was two traders’ takeaway from a review of some of the month’s biggest S&P 500 laggards, including but not limited to: The above declines are as of Wednesday’s close. “Several of these turkeys … have definitely violated uptrends …

A stretch of stores along the base of Munjoy Hill had open signs out and were ready for business as part of small business Saturday, November 28, 2015. Gabe Souza | Portland Press Herald | Getty Images As holiday shopping gets into gear this weekend, its uncertain how Small Business …

A man walks past a sign at an AstraZeneca site in Macclesfield, central England. Phil Noble | Reuters LONDON — Government ministers and experts in Britain have openly backed a coronavirus vaccine from AstraZeneca and Oxford University, after doubts were raised in the U.S. this week.   Housing Minister Robert Jenrick …

Arcturus Therapeutics is co-developing a vaccine candidate for Covid-19 in collaboration with Duke-NUS Medical School in Singapore, called ARCT-021. Jakub Porzycki | NurPhoto | Getty Images SINGAPORE — A Covid-19 vaccine candidate co-developed by Singapore scientists has shown positive interim results and could be available as early as 2021. That’s …

Offices of the Norwegian energy major Equinor photographed in February 2019. Equinor, alongside SSE, is part of a 50:50 joint venture to develop the Dogger Bank Wind Farm. Bloomberg | Bloomberg | Getty Images A major offshore wind farm, set to be the largest on the planet, took another leap …

The front of an Old Navy store this holiday season, which now features an assortment of loungewear, pajamas and athletic apparel. Source: Gap Inc. If you walk into any Old Navy store this holiday season, you’ll notice a plethora of athletic gear paired with other comfy clothes front and center. …

A man wearing a face mask waits for a train in the central train station during the COVID-19 pandemic in Stockholm, capital of Sweden, on Nov. 3, 2020. Wei Xuechao | Xinhua News Agency | Getty Images LONDON — A global study of more than 12,000 coronavirus mutations has found …

AstraZeneca’s building in Luton, Britain. Tim Ireland | Xinhua News Agency | Getty Images AstraZeneca and the University of Oxford are defending the results and methods used in their phase three vaccine trials on the back of criticism from experts in the U.S., stressing the “highest standards” were used and …

Traders work the floor of the New York Stock Exchange. NYSE LONDON — Deutsche Bank upgraded its global growth outlook for 2021 but cautioned that two key risks could still spoil the economic recovery from the coronavirus crisis. In the bank’s latest report out Wednesday — entitled “Hope on the …

The Deutsche Bahn AG logo photographed on the Bahntower, Potsdamer Platz, Berlin. Christoph Soeder | picture alliance | Getty Images Siemens Mobility and Deutsche Bahn have laid out plans to develop and trial a hydrogen fuel-cell train, in the latest example of major firms turning to a technology which could …

SINGAPORE — Top Glove, the world’s largest medical glove maker, has shut 20 manufacturing sites in Malaysia after thousands of workers tested positive for Covid-19. A total of 2,684 Top Glove employees — most of them foreign workers — have tested positive as of Wednesday, local media reported, citing Malaysia’s …

Children look at a window display at store on Regent Street in London. Hollie Adams | Getty Images News | Getty Images LONDON — There’s one thing that most people are agreed upon as the festive season approaches and the coronavirus pandemic continues: Christmas is not going to feel the …

An employee cleans the grounds behind the closed gates of Disneyland Park on the first day of the closure of Disneyland and Disney California Adventure theme parks, in Anaheim, California, on March 14, 2020. DAVID MCNEW | AFP | Getty Images Disney is expanding the scope of its layoffs to …

From treetop dining to underwater villas, the Maldives is coming up imaginative ways to help travelers stay socially distanced while still enjoying a vacation. The island nation reopened to visitors on July 15, and more than 57,000 tourists have visited since. More airlines set to resume flights this month and …

Americans’ interest in outdoor activities blossomed this year as consumers sought health-conscious ways to spend the time during the coronavirus pandemic. Boat, RV and camping-related sales, like car sales, have surged, despite the pandemic-induced recession, and it has led to higher sales in outdoor attire and other equipment for retailers …

Operation Warp Speed’s Chief Science Advisor Moncef Slaoui told CNBC that Americans can expect to get back to ‘normal’ by summer 2021, as families across the United States spend Thanksgiving apart this year in order to keep their loved ones safe.  “We hope that we would have vaccinated 70% to …

Boston Market has seen food orders for small groups grow exponentially, offsetting losses to the fast-casual restaurant’s catering business and signaling that families are taking the government’s advice to limit gathering sizes for Thanksgiving dinner, President Randy Miller told CNBC Wednesday. “I am optimistic that we’re actually going to exceed last …

A Paratrooper assigned to the 1st Brigade Combat Team, 82nd Airborne Division, prepares for a Airborne Operation at Fort Bragg, N.C., on May 7. Spc. Hubert Delany III | US Army WASHINGTON —The Defense Department has reported a Covid-19 outbreak aboard a U.S. Navy destroyer, a new record of 1,300 coronavirus …

Tiffany & Co. gift boxes seen in a store window. Alex Tai | SOPA Images | LightRocket | Getty Images Many Americans are spending their days working from home in leggings and casualwear during the coronavirus pandemic. They have few, if any, parties or gatherings where they dress up — …

Clark Duke, Kailey Crawford and Cloris Leachman voice Thunk, Sandy and Gran in “The Croods: A New Age” Universal The week of Thanksgiving is typically a robust time at the box office, but this year the coronavirus pandemic has crippled the film industry, leaving little doubt that the November holiday …

This year, instead of the traditional turkey, Nicole Beckler’s Thanksgiving table will feature two Cornish hens: the perfect sized birds for a dinner for two. Beckler, a travel agent based in Florida, downsized her dinner after deciding against flying to New Jersey to celebrate the holiday with her family. “Since …

So-Low Environmental Equipment, a maker of ultra-cold freezers, is seeing a surge in demand for its products in anticipation of coronavirus vaccine distribution, leading to an inventory backlog despite its efforts to prepare. “Right now, we are out of everything,” Dan Hensler, vice president of the Cincinnati-based company, said Wednesday …

Japanese automaker Nissan has a history of saving itself from the brink of disaster. Right now it is trying to repeat the trick. Like all other automakers, the company is losing money from the coronavirus pandemic. But it’s also trying to recover from some self-inflicted wounds by former Nissan executives, …

New York Governor Andrew Cuomo speaks during a daily briefing following the outbreak of the coronavirus disease (COVID-19) in Manhattan in New York City, New York, July 13, 2020. Mike Segar | Reuters New York Gov. Andrew Cuomo on Friday urged the federal government to provide funding to distribute a …

The U.S. Centers for Disease Control and Prevention is considering shortening it’s recommended two-week quarantine period for people who have come in contact with people who have it — a change welcomed by some medical experts who say the relaxed guidelines would be easier for people to follow. Current CDC …

Check out the companies making headlines in midday trading.  Deere — Shares of the equipment maker slipped more than 1% despite the company betting top and bottom line estimates during the fourth quarter. Deere earned $2.39 per share during the period, ahead of the $1.49 expected by analysts surveyed by …

Nikola Motor Company Source: Nikola Motor Company JPMorgan is “skeptical” about Nikola finalizing a deal with General Motors to produce an electric pickup truck called the Badger for the embattled vehicle start-up. Instead, JPM analyst Paul Coster expects the two companies to renegotiate a previously announced $2 billion deal without …

Neiman Marcus now offers a virtual gift advisor service, and an in-store concierge service, to help customers pick out items on their wish lists. Source: Neiman Marcus Santa Claus will be busy delivering packages curbside, by appointment, at Neiman Marcus this holiday season. This is just one of the initiatives …

A pilot talks on a mobile device near a Delta Air Lines gate at the Salt Lake City International Airport. George Frey | Bloomberg | Getty Images Delta Air Lines pilots voted in favor of pay cuts that would avoid furloughs until 2022 as the industry reels from the coronavirus …

[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] New York Gov. Andrew Cuomo is holding a press briefing Wednesday as the state works to fight off an increase in Covid-19 cases. On Monday, …

Travelers wearing protective masks wait in line to go through security at San Francisco International Airport (SFO) in San Francisco, California, on Monday, Nov. 24, 2020. David Paul Morris | Bloomberg | Getty Images With Covid-19 deaths rising rapidly and daily new cases and hospitalizations both reaching all-time highs, epidemiologists …

SpaceX prototype rocket Starship SN8 stands on the company’s launchpad in Boca Chica, Texas before an engine test. @LabPadre SpaceX is aiming to launch its latest Starship rocket prototype as early as “next week,” CEO Elon Musk said on Tuesday, in what would be the company’s most ambitious flight test …

For a myriad of reasons, millennials, America’s largest generation, are becoming homeowners later in life and at lower rates than the generations of Americans that preceded them.  The rapid expansion of the middle-class after World War II made owning a home easier and, ultimately, a symbol of the American dream. …

A woman wearing a protective mask passes a homeless person during the coronavirus pandemic on May 12 2020 in New York City. John Lamparski | Getty Images L Brands announced Wednesday a new head of its Victoria’s Secret lingerie business, as it works to revive the brand. Effective immediately, the …

Simon & Schuster display at the London Book Fair at Kensington Olympia on the 12th March 2019 in London. Sam Mellish | In Pictures | Getty Images ViacomCBS announced Wednesday that it would sell publishing company Simon & Schuster to Penguin Random House, a subsidiary of Bertelsmann, in a deal worth …

LeBron James of the Los Angeles Lakers dunks the ball against the LA Clippers during the second quarter of the game at The Arena at ESPN Wide World Of Sports Complex on July 30, 2020 in Lake Buena Vista, Florida. Mike Ehrmann | Getty Images It really will be a …

A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of displayed Pfizer logo in this illustration taken, October 30, 2020. Dado Ruvic | Reuters A Covid-19 vaccine is expected to be made available to the public in the coming weeks, …

‘Tis the season to shore up your savings. In the days leading up to Black Friday, financial experts caution against overspending, particularly amid an economic crisis due to the coronavirus pandemic — and consumers are listening. One campaign, called “In the Black Friday,” spearheaded by the National Financial Educators Council, …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to pause after record session Stocks looked to take a breather on Wednesday following a banner day on Wall Street. Dow Jones Industrial Average futures were down just 32 points, or …

With consumers stuck at home ordering pizza, you might think Pizza Hut’s sales would be soaring. Since the start of the coronavirus pandemic, pizza makers that have their delivery game in place and digital assets in order have seen big gains. Pizza Hut’s U.S. business has benefited from the trend, …

A medical worker wearing personal protective equipment (PPE) inserts a Covid-19 test tube into a box at a drive-thru testing site at the Alemany Farmers Market in San Francisco, California, U.S., on Thursday, Nov. 19, 2020. David Paul Morris | Bloomberg | Getty Images The FDA on Wednesday authorized one …

The creators of BBC-HBO TV show “Industry,” Mickey Down and Konrad Kay. Courtesy of Mickey Down After finding they were pretty terrible as bankers, Konrad Kay and Mickey Down channeled their failures into writing hit TV show “Industry,” which sees five college graduates navigate the cut-throat finance sector. Like the …

People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin. Andy Manis | Getty Images News | Getty Images The use of technology is going to make health care “almost free around the world,” according to venture capitalist Tim Draper. “Health care …

Nikola Motor Company Two truck Source: Nikola Motor Company Shares of embattled electric vehicle start-up Nikola Corp. fell by more than 8% in afterhours trading after CEO Mark Russell failed to reassure investors that the company’s $2 billion deal with General Motors would still go through and that ousted founder …

Eric Cooper, CEO of the San Antonio Food Bank, told CNBC that his Texas food bank now feeds double the amount of people it used to compared to before the coronavirus pandemic gripped the United States.  “Pre-pandemic we fed about 60,00 people a week and now we’re seeing about 120,000 …

Clark Duke, Kailey Crawford and Cloris Leachman voice Thunk, Sandy and Gran in “The Croods: A New Age” Universal Remember “The Croods?” It wouldn’t be surprising if your answer was “no.” The Dreamworks Animation film seemed to blip on the radar in 2013 and disappear despite racking up $600 million …

HP CEO Enrique Lores on CNBC on Tuesday forecast a bright future for his company after it decided to increase the amount of earnings it shares with stockholders. The PC maker boosted its quarterly cash dividend by double digits to just over 19 cents per share, which it announced as …

Check out the companies making headlines after hours on Tuesday: HP Inc. — Shares of the computer hardware builder jumped more than 7% in after-hours trading on the back of stronger-than-expected quarterly results. HP Inc. posted earnings of 62 cents per share on revenue of $15.26 billion. Analysts expected a …

When the U.S. can fully open up and get to the other side of the coronavirus crisis, Wall Street will celebrate like its 1933, according to CNBC’s Jim Cramer. In his first reaction to a banner day for the Dow Jones Industrial Average, where the blue-chip index broke through and …

Pedestrians pass in front of a Nordstrom Inc. store in the Midtown neighborhood of New York, on March 20, 2020. Gabby Jones | Bloomberg | Getty Images Nordstrom shares got a lift Tuesday after the department store reported that its third-quarter sales picked up more than analysts had anticipated, suggesting …

A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Gap Inc. shares fell Tuesday after the company reported fiscal third-quarter earnings that fell short of expectations, as higher spending on marketing offset sales gains at Old Navy and Athleta, while the company’s namesake and Banana Republic …

A salesman carries a Best Buy shopping basket in San Francisco, California. Getty Images Check out the companies making headlines in midday trading. American Airlines, United Airlines, Carnival — Airlines and cruise stocks surged on Tuesday as stocks tied to an economic recovery continued to rise after a series of …

A near empty parking lot in front of a Best Buy store in Montebello, California on April 15, 2020 as the electronics nationwide chain store remains closed to customers but open for pickups. Frederic J. Brown | AFP | Getty Images Investors have closely watched retailers who sell home improvement …

A worker passes a line of freezers holding coronavirus disease (COVID-19) vaccine candidate BNT162b2 at a Pfizer facility in Puurs, Belgium in an undated photograph. Pfizer | via Reuters Texas is preparing to start administering the first Covid-19 immunization shots in less than three weeks — as soon as the …

WASHINGTON — Department of Defense officials are slated to address the spike in coronavirus cases within the U.S. military at a press briefing on Tuesday. In the past week, U.S. Defense officials recorded more than 1,300 new confirmed cases of Covid-19 among members of the armed forces. Nearly a quarter of the roughly 300 …

WASHINGTON — President-elect Joe Biden‘s transition team has been briefed on America’s response to the Covid-19 pandemic, Health and Human Services Secretary Alex Azar told reporters Tuesday. Azar said that on Monday evening Rear Adm. Erica Schwartz, the official leading the transition planning effort, briefed the Biden team on Operation Warp Speed, …

Alex Azar speaks at Operation Warp Speed press conference, November 24, 2020. Source: CNBC The U.S. federal government is conducting a practice run this week of its coronavirus vaccine distribution networks with some test shipments as the drugs await emergency approval from the U.S. Food and Drug Administration in “just …

Black Friday — the biggest shopping day of the year — is no longer the day after Thanksgiving. Instead of one-day doorbuster deals, retailers like Walmart and Home Depot have been rolling out discounts in the days, or even weeks, ahead of the official start of the holiday season. And …

Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images The possibility that Abercrombie & Fitch will face additional rounds of temporary store closures due to rising Covid-19 cases sent the retailer’s shares down Tuesday, despite it reporting …

David McInerney, CEO, FreshDirect Source: CNBC FreshDirect customers have nothing to fear after the company was bought by the Dutch owner of Stop & Shop and Food Lion, the grocery delivery service’s CEO said Tuesday. Ahold Delhaize and Centerbridge Partners, a private equity firm, announced Wednesday that they would be …

Patrick Mahomes #15 of the Kansas City Chiefs makes a pass during the game against the Baltimore Ravens at M&T Bank Stadium on September 28, 2020 in Baltimore, Maryland. Todd Olszewski | Getty Images Sports tech company Hyperice said Tuesday it landed its final major partnership of 2020, striking a …

[The stream is slated to start at 11:15 a.m. ET. Please refresh the page if you do not see a player above at that time.] The departments of Health and Human Services and Defense are holding a joint briefing Tuesday on the Trump administration’s coronavirus vaccine program Operation Warp Speed …

Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday that some of the stock gains in the market are “insane,” with investors recently buying certain names from Tesla to Royal Caribbean seemingly without regard for fundamentals or the state of the coronavirus pandemic and holding onto them. “Where …

Best Buy’s third-quarter earnings soared past Wall Street’s expectations but shares dropped more than 5% in premarket trading Tuesday, as the retailer warned of tailwinds from higher shipping costs, inventory challenges and lower-margin holiday sales. The retailer declined to provide an outlook for the fourth quarter — a significant period …

A worker wearing personal protective equipment holds a tray containing unlabeled ampoules of the ‘Gam-COVID-Vac’ COVID-19 vaccine, developed by the Gamaleya National Research Center for Epidemiology and Microbiology and the Russian Direct Investment Fund (RDIF). Bloomberg | Bloomberg | Getty Images Hot on the heels of positive coronavirus vaccine news …

Dick’s Sporting Goods on Tuesday announced its current president, Lauren Hobart, is set to succeed Ed Stack as chief executive on Feb. 1. Stack, 65, will transition to executive chairman and remain chief merchant, the company said in a news release. He took over the business from his dad in …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to continue Monday’s robust rally Dow futures pointed to an over 250 point gain at Tuesday’s open, with the Trump administration approving Joe Biden‘s transition and the president-elect set to pick …

After wrapping up a more than year-long investigation into Amazon, Apple, Facebook and Google, a top Democrat on the House Judiciary subcommittee on antitrust has his sights set on a new industry: Big Pharma. Rep. Joe Neguse, D-Colo., vice chairman of the subcommittee, is calling for a hearing to probe …

Daniil Medvedev of Russia lifts the trophy after winning his singles final match against Dominic Thiem of Austria during day eight of the Nitto ATP World Tour Finals at The O2 Arena on November 22, 2020 in London, England. Clive Brunskill/Getty Images Newly-crowned Nitto ATP Finals tennis champion Daniil Medvedev …

Passengers arrive at Gatwick Airport, U.K. Dominic Lipinski – PA Images | PA Images | Getty Images LONDON — Travellers arriving in the U.K. will be able to cut their self-isolation period from 14 to five days starting next month if they test negative for the coronavirus, the British transport …

A sign on the entrance to a pharmacy reads “Covid-19 Vaccine Not Yet Available” in Burbank, California on Nov. 23, 2020. Robyn Beck | AFP | Getty Images SINGAPORE — With several Covid-19 vaccine candidates showing promising trial outcomes, investors and analysts have turned increasingly optimistic that the pandemic could …

SINGAPORE – Travel is recovering more quickly in Asia than in the West — but its the domestic market that’s driving that recovery, an online travel agency told CNBC this week. “Asia is generally leading the way,” said John Brown, chief executive of Agoda, a subsidiary of American online travel …

A syringe is seen by the logo of Pfizer’s headquarter in Manhattan, New York City, United States on November 19, 2020. Tayfun Coskun | Anadolu Agency | Getty Images CNBC’s Jim Cramer on Monday gave a forecast of how he projects that the complex coronavirus vaccine distribution process will turn …

The Cleveland Clinic’s Chief Caregiver Officer Kelly Hancock urged her community to follow social distancing and mask guidelines as Covid-19 grips hundreds of those working inside of one of America’s best hospitals.  “We had a record today, we saw nearly 12,000 new cases in the state of Ohio of Covid-positive …

After Wall Street digested more positive coronavirus vaccine news and investors grew more optimistic on the reopening trade, CNBC’s Jim Cramer on Monday unveiled a list of “return to normalcy” stocks. “I think you have to buy a couple of these vaccine winners on any weakness, although when it comes …

With Thanksgiving nigh, CNBC’s Jim Cramer on Monday revealed a seasonal pattern that investors can consider playing leading into the Christmas holiday. The closing months of each year are defined by the holiday shopping rush, and Cramer expects the close of 2020 will be no different, despite the coronavirus pandemic. …

A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, September 24, 2020. Marco Bello | Reuters Public health officials and drugmakers must be transparent about the side effects people may experience after getting …

An employee bags a customer’s purchases at a Kroger store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images For some grocery workers who stock shelves and check out customers, the past few weeks have felt like deja vu. Hand sanitizer and masks are in short supply. Some customers …

Angelina Lawton Source: John Wagner Sportsdigita, an all-in-one cloud-based presentation software company owned by former National Hockey League executive Angelina Lawton, sees opportunity amid the pandemic as sports teams conduct business online instead of in person. The company, which counts the Chicago Bears, Los Angeles Lakers, Boston Red Sox, Pittsburgh …

President Donald Trump delivers remarks at American Center for Mobility in Ypsilanti, Michigan with General Motors CEO Mary Barra and other auto industry executives on March 15, 2017.  Nicolas Kamm | AFP | Getty Images General Motors is withdrawing from litigation led by the Trump administration against California over the …

The prehistoric family the Croods are challenged by a rival family the Bettermans, who claim to be better and more evolved. Universal “The Croods: A New Age,” arriving in movie theaters on Thanksgiving, is a rare bright spot for operators who have been forced to show older films at discounted …

New York Governor Andrew Cuomo wears a protective face mask as he arrives to speak during a daily briefing following the outbreak of the coronavirus disease (COVID-19) in Manhattan in New York City, New York, U.S., July 13, 2020. Mike Segar | Reuters New York will reopen a temporary field …

Consumers begin their Black Friday specials shopping as Macys opens their doors at 5pm on Thanksgiving Day on November 28, 2019 in New York. Bryan R. Smith | AFP | Getty Images Retailers could end up having a strong finish to 2020, despite all of the challenges that the coronavirus …

A car dealer shows a vehicle to customers at a dealership in Jersey City, New Jersey. Angus Mordant | Bloomberg | Getty Images The coronavirus pandemic is ending yet another annual holiday tradition for shoppers in 2020: Black Friday deals on new cars. Instead of offering the steep discounts to …

The sharp uptick in coronavirus cases across the Midwest is increasing health-care workers’ risk of getting infected, jeopardizing staffing levels needed to care for other Covid-19 patients, according to the CEO of a Minnesota hospital system. Dr. Penny Wheeler, who leads Minneapolis-based Allina Health, told CNBC on Monday that the …

Check out the companies making headlines midday Monday: AstraZeneca — Shares of British pharmaceutical giant AstraZeneca fell more than 3% after the company said clinical trials showed its coronavirus vaccine has an average efficacy of 70% in preventing the virus. Its competitors Pfizer and Moderna previously said their Covid-19 vaccine …

Citron founder Andrew Left, known for some big short calls, recommended Nio shares, now worth $45 each, at $7 two years ago. Now he is short the name and says of the recent gains in multiple EV makers, “The fact is that retail investors take everything to be the next …

[The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] New York Gov. Andrew Cuomo is scheduled to hold a press briefing on the coronavirus Monday as the state prepares to fend off an increase …

AstraZeneca’s building in Luton, Britain. Tim Ireland | Xinhua News Agency | Getty Images LONDON — The coronavirus vaccine being developed by AstraZeneca and the University of Oxford was found to be “highly” protective, potentially paving the way for a vaccine that is more affordable and easier to distribute than …

During the mortgage bubble in the early 2000s, when investors were feverishly trading faulty subprime bonds, a few savvy skeptics recognized the bonds were doomed, so they bet against them. They shorted the bonds and made billions. Now one of those players is doing the same thing, but not on subprime. …

Regeneron will provide the U.S. with 300,000 doses of its newly authorized Covid-19 antibody treatment by early January, the company’s CEO, Dr. Leonard Schleifer, said Monday. The Food and Drug Administration on Saturday granted an emergency use authorization for the company’s antibody treatment, called REGN-COV2. The experimental therapy was given to President Donald Trump when he contracted …

Relativity Space wants to use enormous 3D-printers to revolutionize the way rockets are built – and CEO Tim Ellis told CNBC that the company now has a “war chest” of capital to do so. “We’re excited to announce a $500 million Series D funding round at a valuation above $2 …

Peter Thiel Adam Jeffery | CNBC LONDON — Billionaire tech investor Peter Thiel has backed a Berlin start-up aiming to make psychedelic drugs to treat mental health disorders in a $125 million funding round. ATAI Life Sciences, which describes itself as a drug development platform, was set up to acquire, …

People shop at Macy’s Herald Square during early opening for the Black Friday sales in New York City, November 28, 2019. Andrew Kelly | Reuters On Thanksgiving Day, eager bargain hunters usually head to the store and shoulder their way through crowded aisles to get a jumpstart on their holiday …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise after positive news on Covid vaccine, treatments 2. AstraZeneca Covid vaccine shows up to 90% efficacy A test tube labelled vaccine is seen in front of AstraZeneca logo in this …

The travel trade is in trouble. Airline, hotel and cruise line stocks slid on Friday ahead of Thanksgiving week after the CDC issued a warning on traveling for the holiday amid climbing Covid case counts. Expedia data released before the CDC’s announcement showed 60% of U.S. consumers said they would …

A man shops at a store on the High Street in East Ham on November 14, 2020 in London, England. Hollie Adams | Getty Images News | Getty Images LONDON — U.K. Prime Minister Boris Johnson is expected to announce Monday that a nationwide lockdown in England will be lifted …

Retail earnings are ramping up this week. Urban Outfitters reports on Monday, a day before Best Buy, Dick’s Sporting Goods, Abercrombie and Fitch, Dollar Tree, Nordstrom, Gap and American Eagle Outfitters. All of their stocks are in the green year to date except for Nordstrom, which is down almost 48%. …

Pharmaceutical giant Merck said it plans to acquire privately-held OncoImmune for $425 million in cash, gaining rights to an under-the-radar drug that’s shown striking results in hospitalized patients with Covid-19. The medicine, referred to as CD24Fc, was shown in a late-stage clinical study in September to reduce the risk of …

The Champs-Elysees Avenue and the Arc de Triomphe are seen after the Christmas illuminations were switched on in Paris, France, Nov. 22, 2020. Xinhua News Agency | Xinhua News Agency | Getty Images LONDON — Economic activity in the euro zone sank once again in November after governments introduced new …

People with face masks walk in the city center of Cologne, Germany, on November 21, 2020. NurPhoto | NurPhoto | Getty Images Germany could be preparing to extend its current lockdown into December as the number of coronavirus infections remains high across the country. Yet Berlin is hopeful a coronavirus …

A test tube labelled vaccine is seen in front of AstraZeneca logo in this illustration taken, September 9, 2020. Dado Ruvic | Reuters LONDON — British pharmaceutical giant AstraZeneca on Monday said an interim analysis of clinical trials showed its coronavirus vaccine has an average efficacy of 70% in protecting …

Promising developments on the vaccine front have sparked optimism that the pandemic’s end may be in sight. But if the market trends that immediately followed positive vaccine news are any indication, some sectors will benefit a lot more than others. Massachusetts-based biotech company Moderna said last week that its coronavirus …

A shopper uses his phone while wearing a face mask due to the coronavirus disease (COVID-19) pandemic outside the Christiana Mall in Newark, Delaware U.S. November 19, 2020. Mark Makela | Reuters Black Friday is almost here. And consumers’ anxiety about shopping in stores and enclosed malls is only escalating, …

Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Some retailers are betting that lip glosses, eye shadow palettes and facial scrubs will be the next big thing …

Operation Warp Speed chief advisor Dr. Moncef Slaoui has had “no contact” with the Biden administration regarding the transition process and the vaccine distribution process. Since President-elect Joe Biden won the election, President Donald Trump has refused to concede and his campaign has challenged the results of the election in court. Despite his …

U.S. President-elect Joe Biden removes his face mask as he meets with Speaker of the House Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) at his transition headquarters in the Queen theater in Wilmington, Delaware, U.S., November 20, 2020. Tom Brenner | Reuters President-elect Joe Biden will announce …

View of Corporate and Research and Development Headquarters of Regeneron Pharmaceuticals on Old Saw Mill River Road in Tarrytown, New York. Lev Radin | LightRocket | Getty Images The Food and Drug Administration on Saturday granted an emergency use authorization for Regeneron‘s Covid-19 antibody treatment, the experimental therapy given to …

President Donald Trump waves as he plays golf at Trump National Golf Club in Sterling, Va., Saturday, Nov. 21, 2020. Manuel Balce Ceneta | AP Photo President Donald Trump on Saturday did not participate in a virtual G-20 session on global response efforts to the coronavirus and improved pandemic preparedness, …

Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images She was a billionaire CEO whose luxurious lifestyle rivaled that …

A patient arrives outside Maimonides Medical Center, as the spread of the coronavirus disease (COVID-19) continues, in Brooklyn, New York, U.S., November 17, 2020. Brendan McDermid | Reuters The United States reported more than 195,500 new cases of the coronavirus on Friday, a record-high spike less than a week before …

As ride-hailing companies Uber and Lyft rose to popularity and e-scooters popped up across major U.S. cities earlier this decade, industry analysts predicted the beginning of the end of car ownership. That meant “traditional” automakers such as General Motors would have to evolve or die. In an effort to spur …

Fender Musical Instruments’ CEO Andy Mooney says a boom in guitar sales is happening during the coronavirus pandemic. Henry Diltz Business was looking pretty grim for Fender Musical Instruments Corp., the legendary guitar maker, when the coronavirus pandemic reached U.S. shores last March. Suddenly, 90% of its worldwide dealers’ physical …

The Arctic is not a barren, frozen wasteland. It’s home to some of the most unique ecosystems in the world. More than this: it’s home to people. Those people are at the center of the controversy over drilling for oil in the Arctic. The Trump administration is now starting the …

Game Stop store in New York City. Michael Brochstein | LightRocket | Getty Images The shift away from brick-and-mortar retailers in favor of online shopping has hurt GameStop over the past decade, pushing the company’s stock down nearly 40% in that time period. But Ryan Cohen, the former CEO of …

Singapore Airlines crew members at Changi International Airport in Singapore on Oct. 24, 2020. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore and Hong Kong will go ahead with their air travel arrangements on Sunday as planned, but there will be additional precautionary measures imposed as new coronavirus …

The Dean of Brown University’s School of Public Health Dr. Ashish Jha warned that the United States could “see another 100,000 deaths by Inauguration Day” as the coronavirus death rate climbs and public health professionals raise the alarm.  “Once we get into the spring we easily could be at 450,000 …

Zebra Technologies has played a role in coronavirus testing to fight off the pandemic, and now the barcode company has a new role to play in preventing the deadly virus from spreading further, CEO Anders Gustaffson told CNBC’s Jim Cramer Friday. While Zebra’s products have been used for tracking samples …

California Gov. Gavin Newsom’s seven-month-old Task Force on Business and Jobs Recovery is disbanding as the coronavirus pandemic reaches a second peak, but his co-chairs predict the state will have a strong economic turnaround once the pandemic is past. Billionaire businessman Tom Steyer, one of the co-chairs, said in a …

The sequel to the box office smash “Black Panther” could begin shooting in Atlanta, Georgia in July 2021, according to a report from The Hollywood Reporter late Friday. The film has been sidelined due to the sudden and unexpected death of star Chadwick Boseman, who held the titular role. Initially, …

While Wall Street is preparing for a shortened week with Thanksgiving on the calendar, CNBC’s Jim Cramer is keeping his eye on key corporate earnings reports set to release before the holiday. The stock market will be closed on Thursday and open for a half-day of trading Friday to close …

The 2020 election. Unrest in the streets. A crippling pandemic. This trifecta of events made people worry about the future of America. And when people are worried in America, they buy guns. Gun sales in 2020 have surged, and the market for gun parts and ammunition has gone up with …

Republican Sen. Steve Daines of Montana on Friday urged Americans to have confidence in the coronavirus vaccine from Pfizer and BioNTech, relying on his experience as a participant in the companies’ phase three clinical trial. The U.S. pharmaceutical giant and German biotech firm said earlier Friday they intended to apply …

President-elect Joe Biden’s Covid-19 advisory board member Michael Osterholm joins Meg Tirrell for a special edition of the Healthy Returns: The Path Forward livestream series. Osterholm is an epidemiologist and Director of the Center for Infectious Disease Research and Policy. They tackle some of our biggest Covid questions heading into the …

When the coronavirus pandemic hit, many Americans not only switched to working remotely and cooking more meals. They began checking off tasks on the “to do list,” from painting walls to replacing old appliances. Home Depot and Lowe’s reported that appetite for home improvement continued in the third quarter, as …

President Donald Trump‘s administration is ready to help distribute coronavirus vaccines across the United States should regulators grant emergency approvals, Operation Warp Speed advisor Dr. Moncef Slaoui told CNBC on Friday. “As soon as the EUA is approved, within 24 hours, the vaccines will be in the immunization sites and …

Serge Ibaka #9 of the Toronto Raptors grabs the rebound during the game against the Boston Celtics during Game Seven of the Eastern Conference SemiFinals of the NBA Playoffs on September 11, 2020 at AdventHealth Arena in Orlando, Florida. Andrew D. Bernstein | National Basketball Association | Getty Images The …

Medical workers wearing personal protective equipment (PPE) administer Covid-19 tests at a drive-thru testing site at the Alemany Farmers Market in San Francisco, California, U.S., on Thursday, Nov. 19, 2020. David Paul Morris | Bloomberg | Getty Images The United States reported 187,833 new Covid-19 cases on Thursday, yet another …

CNBC’s “College Voices 2020” is a series written by CNBC fall interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. Colette Ngo is a senior at Chapman University double majoring in broadcast journalism and business administration. The …

Vials of coronavirus disease (COVID-19) vaccine candidate BNT162b2 are sorted at a Pfizer facility in Puurs, Belgium in an undated still image from video. Pfizer | Reuters Five federal agencies have started telling employees they could receive Pfizer or Moderna’s Covid-19 vaccine in as little as eight weeks as the …

WILMINGTON, DE – NOVEMBER 19: President-elect Joe Biden answers a reporter question after he delivered remarks at the Queen in Wilmington, Delaware on Thursday, Nov. 19, 2020. (Photo by Salwan Georges/The Washington Post via Getty Images) The Washington Post | The Washington Post | Getty Images President-elect Joe Biden will …

Check out the companies making headlines in midday trading.  Zoom Video — Shares of the video-conferencing company jumped more than 6% amid a rise in Covid-19 cases. Zoom has been one of the key “stay-at-home” trades, and shares are up 550% this year. Nikola — The electric vehicle maker declined …

[The stream is slated to start at 12:10 p.m. ET. Please refresh the page if you do not see a player below at that time.] President-elect Joe Biden’s Covid-19 advisory board member Michael Osterholm joins Meg Tirrell for a special edition of the Healthy Returns: The Path Forward livestream series. Osterholm …

An Electron rocket gets ready to launch. Rocket Lab Rocket Lab, the leading company building and launching small rockets, on Thursday took what CEO Peter Beck described as a “huge milestone” in its work to reuse rockets. The company recovered the booster of its Electron rocket after it splashed down …

COVID-19 Coronavirus molecule, March 24, 2020. CDC | API | Gamma-Rapho via Getty Images A team of CRISPR scientists at the New York Genome Center, New York University and Icahn School of Medicine at Mount Sinai say they have identified the genes that can protect human cells against Covid-19, a …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Investors assess vaccine news against Covid-19 case spikes Pfizer and BioNTech said they’ll apply with the FDA on Friday for emergency use authorization for their vaccine, the first to go through the regulatory …

Schools should be the “last thing” shut down as governors and local officials around the U.S. weigh further public health restrictions in response to surging coronavirus cases, Dr. Scott Gottlieb told CNBC on Friday. “We should be trying to curtail whatever activities we know are sources of community spread long before we …

The doorway to the head office of Canadian movie theater company Cineplex Entertainment. george socka | iStock Editorial | Getty Images Universal has struck yet another deal with a major theater chain to shorten the theatrical window from three months to as little as 17 days. On Friday, the company …

Hollywood has always captured the fascination of the American public. But, as Covid-19 takes aim at global businesses, it’s been for the wrong reasons. Even in spite of the encouraging news on vaccines from Pfizer and Moderna that have people finally believing that there may be an end in sight …

Residents undergo a free rapid antigen nasopharyngeal swab test for Covid-19 at a testing facility set up in a school sports hall, on November 20, 2020 in Bolzano, South Tyrol, Northern Italy. PIERRE TEYSSOT | AFP | Getty Images LONDON — People who have contracted the coronavirus are “highly unlikely” …

Pfizer and BioNTech will apply Friday for an emergency use authorization from the Food and Drug Administration for their coronavirus vaccine. If Pfizer’s application is approved, the vaccine will likely be limited and rolled out in phases, with health-care workers, the elderly and people with underlying health conditions getting the …

European Commission President Ursula Von Der Leyen. Anadolu Agency | Anadolu Agency | Getty Images LONDON — European governments should lift coronavirus lockdowns and other social restrictions gradually to prevent a third wave of infections, according to the president of the European Commission. Europe has been grappling with a second …

SINGAPORE — Hong Kong is hopeful its next “air travel bubble” could be with mainland China, the executive director of the city’s tourism board has said. Dane Cheng told CNBC such plans would hinge on the success of the forthcoming Hong Kong-Singapore travel corridor. But he noted that adding a …

Forests are beautiful, home to a diverse range of wildlife, and play an important role when it comes to looking after the world we live in. Much like their appearance, the benefits of forests are multi-layered. According to a recent report from the Food and Agriculture Organization of the U.N. …

Many hotels named among the “best new hotels of 2020” this year have yet to welcome a single guest. The global pandemic pushed plans to open highly anticipated new hotels near the wineries of California’s Napa Valley to the banks of Paris’s River Seine, with many rescheduling openings well into …

A customer tries out a Samsung Electronics, Galaxy smartwatch at the company’s D’light flagship store in Seoul, South Korea, on Monday, Jan. 28, 2019. Bloomberg | Bloomberg | Getty Images Samsung Electronics‘ wearable device sales are up by more than 30% this year, a senior executive at the world’s largest …

Larry Culp, CEO, General Electric Scott Mlyn | CNBC GE Healthcare announced Friday it is acquiring Swedish start-up Prismatic Sensors AB, bolstering its key medical imaging business. Prismatic Sensors AB was founded in 2012 as a spin-off from KTH Royal Institute of Technology in Stockholm, Sweden. It makes detectors for …

New Jersey Governor Phil Murphy (D) echoed the sentiments of governors across the nation and told CNBC that, “we’re just pleading with people to do the right thing” as the coronavirus pandemic infects, hospitalizes and kills more people than ever before.  “We’ve got the holidays before us, and we are …

In recent months, young retail investors have caught a lot of flak from Wall Street professionals and the investment community. Calling into question their stock acumen, money managers have blamed amateurs, who are taking advantage of commission-free trades with the tap of the finger, for driving some U.S. stocks to …

A lab technicians shows the coronavirus disease (COVID-19) treatment drug “Remdesivir”. Amr Abdallah Dalsh | Reuters A World Health Organization panel advised doctors Thursday against using Gilead Sciences‘ antiviral drug remdesivir as a treatment for patients hospitalized with Covid-19, saying there is currently “no evidence” that it improves survival or …

CNBC’s Jim Cramer on Thursday presented a year-end list of what he calls “up stocks” that investors can buy to bet on a market rally through the end of the year. “We call them up stocks, the ones that go up all the time and barely ever go down,” the …