Business

Mall of America in Bloomington, Minnesota. Ariana Lindquist | Bloomberg | Getty Images Mall of America has modified the terms of its $1.4 billion mortgage and is current on the loan, after missing months of payments during the Covid crisis as stores shut temporarily and tenants failed to pay rent. …

2020 Chevrolet Corvette GM U.S. auto sales for General Motors declined 11.8% in 2020 but showed strong signs of a recovery in the fourth quarter, the company said Tuesday. GM’s domestic sales rose 4.8% during the last three months of last year compared with the same period in 2019. Retail …

Gary Cohn, the former Goldman Sachs president and economic advisor to President Donald Trump, is joining IBM as its vice chairman. Cohn announced the move in a tweet Tuesday morning in which he said he was “honored” to be joining the company’s board. IBM shares traded up about 1.2% following …

An employee of a gas station adjusts gasoline pump prices as they continue to fall with the oil market in turmoil on April 21, 2020, in Arlington, Virginia. Olivier Douliery | AFP | Getty Images U.S. spending on gas this year should see a modest recovery after a nearly $100 …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set for steady open after 2021 started lower 2. Georgia runoffs could flip Senate control Democratic candidates for Senate Jon Ossoff (L) and Raphael Warnock (R) bump elbows on stage during …

Medical personnel is given the Pfizer-Biontech Covid-19 corona virus vaccine at the Favoriten Clinic in Vienna, Austria, on December 27, 2020 on the occasion of the Pfizer-BioNTech Covid-19 corona virus vaccine rollout. Georg Hochmuth | AFP | Getty Images The U.K.’s decision to delay giving people the second dose of …

Some Wall Street analysts are betting that the rollout of 5G iPhones from Apple will result in record sales in 2021, eclipsing the 200 million-plus unit mark set in 2015-2016 when larger screens were introduced. David Paul Morris | Bloomberg | Getty Images Signs of a pricey stock market are …

The U.S. Covid vaccination effort is far behind original estimates. More than 15.4 million doses have been delivered to states, but only 4.5 million Americans have received their first shot according to the Centers for Disease Control and Prevention. Providence Hospital System, however, has defied the country’s slow rollout trend …

VMware has committed to achieving gender parity as part of its list of goals to reach this decade, COO Sanjay Poonen told CNBC’s Jim Cramer Monday. The cloud computing and virtualization software company has laid out 30 goals to meet by 2030, and addressing the makeup of the workforce is …

CNBC’s Jim Cramer on Monday identified a handful of SPAC plays that investors could buy as their stocks decline from a hot run closing out 2020. “The electric-vehicle SPAC plays got incredibly overheated late last year, so when you see them cooling off like they did today … it’s actually …

Wall Street on Monday labored through a tough day to open the new trading year, which prompted CNBC’s Jim Cramer to break down the top investing themes he’ll be watching in 2021. Investors should keep secular trends in mind because they are the best ways to approach a marketwide sell-off, …

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 state confirmed its first case …

British Prime Minister Boris Johnson said England is adopting a national lockdown that he hopes will be tough enough to contain a new, highly contagious variant of Covid-19. People can only leave their homes to shop for essentials, work if they can’t from home, exercise, go to the doctor’s and …

New York state Gov. Andrew Cuomo speaks at a news conference on September 08, 2020 in New York City. Spencer Platt | Getty Images New York Gov. Andrew Cuomo is proposing a law to make it a crime to sell or administer coronavirus vaccine shots to people who are trying …

General view of the Hollywood Sign on November 17, 2020 in Hollywood, California. AaronP/Bauer-Griffin | GC Images | Getty Images After months of rising coronavirus cases, hospitalizations and deaths in California, several Hollywood guilds and labor unions are recommending that in-person production of television shows and independent films be temporarily …

Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Quantumscape — Shares of the battery company slid …

McDonald’s Crispy Chicken Sandwich and Deluxe Crispy Chicken Sandwich Source: McDonald’s McDonald’s will launch three chicken sandwiches in February as it tries to reach new customers with more poultry on its menu. Starting Feb. 24, consumers will be able to buy the Crispy Chicken Sandwich, Spicy Chicken Sandwich and the …

An employee at Fiat Chrysler’s Windsor Assembly Plant works inside the chassis of the Chrysler Pacifica Hybrid in December 2016. Fiat Chrysler Shareholders of Italian-American automaker Fiat Chrysler and France-based PSA Groupe on Monday approved a merger plan to create Stellantis, the world’s fourth-largest automotive group. The voting was one …

The U.S. should expand coronavirus vaccine eligibility in order to ensure more Americans receive shots in the coming weeks, Dr. Scott Gottlieb told CNBC on Monday. “Right now, every shot in an arm is a win,” Gottlieb said on “Squawk Box.” The U.S. fell far short of its year-end 2020 …

People walk through the Brookfield Place Pavilion at the World Trade Center West Concourse pedestrian transit connection in New York City. Getty Images Brookfield Asset Management said Monday it has made an offer to take its commercial real estate arm Brookfield Property Partners private in a $5.9 billion deal. The …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to pick up where 2020 left off Traders work on the floor of the NYSE on Dec. 31st, 2020. NYSE U.S. stock futures rose Monday after the Dow Jones …

Chipotle Mexican Grill’s Cilantro-Lime Cauliflower Rice Source: Chipotle Mexican Grill Chipotle Mexican Grill on Monday began offering a cauliflower rice option to attract consumers trying to comply with their New Year’s resolutions. The rice substitute is made with grilled cauliflower, cilantro, lime and salt and will be available in U.S. …

A patient with the Covid-19 breaths in oxygen in the Covid-19 ward at Khayelitsha Hospital, about 35km from the centre of Cape Town, on December 29, 2020. RODGER BOSCH | AFP | Getty Images A variant of the coronavirus identified in South Africa is more problematic than the strain found …

A security man administers sanitiser to a visitor to a state hospital in Lagos, on February 28, 2020. PIUS UTOMI EKPEI | AFP via Getty Images The coronavirus pandemic has sharpened the lens on a substantial health-care spending gap in Africa’s largest economy, and international investors are seeking to fill …

UK Prime Minister Boris Johnson poses for a photograph with a vial of the AstraZeneca/Oxford University Covid-19 candidate vaccine. WPA Pool | Getty Images News | Getty Images LONDON — The U.K. has started rolling out the coronavirus vaccine developed by AstraZeneca and the University of Oxford, marking another step …

A Nio ES6 electric vehicle is on display at an automotive experience area of Wanda Plaza on Nov. 28, 2020 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — China’s homegrown Tesla rivals are racking up sales in the world’s largest auto market. Electric car start-ups …

A passenger checks flight information on a board in the departures hall at Madrid Barajas airport. Paul Hanna | Bloomberg | Getty Images SINGAPORE — More than two decades of growth in airline passenger traffic were erased in 2020, a new report found. “The pandemic and its consequences wiped out …

For fans of the popular television series “Outlander,” train travel is one of the easiest ways to soak up the sites of the Scottish Highlands. Since the show’s debut in 2014, the number of visitors to the mostly rural northern part of Scotland has increased so much that the rise …

A member of the New York Army National Guard hands out health forms to travelers at LaGuardia Airport (LGA) in New York, U.S., on Thursday, Dec. 24, 2020. Angus Mordant | Bloomberg | Getty Images U.S. air travel hit its highest level on Saturday since mid-March, raising fears that the …

A photo illustration of pirated music being illegally downloaded with the legal music service iTunes in the background on in London, England. Matthew Lloyd | Getty Images 2021 will be a very different year for the movie theater business. Studios, hoping to find ways of turning a profit on big …

A worker of the New York City Fire Department Bureau of Emergency Medical Services (FDNY EMS) receives a COVID-19 Moderna vaccine, amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., December 23, 2020. Carlo Allegri | Reuters The head of the federal …

U.S. President Donald Trump waves as he boards Air Force One at Joint Base Andrews in Maryland, U.S., December 23, 2020. Tom Brenner | Reuters President Donald Trump on Sunday said he will attend protests in Washington, D.C. on Jan. 6, the day Congress certifies Electoral College votes and declares …

A man receives a nasal swab COVID-19 test at Tom Bradley International Terminal at Los Angeles International Airport (LAX) amid a coronavirus surge in Southern California on December 22, 2020 in Los Angeles, California. Mario Tama | Getty Images Three states across the U.S. have now identified cases of the …

mphillips007 | iStock Unreleased | Getty Images The Mega Millions jackpot has surged higher. After no ticket matched all six numbers drawn on Friday, the top prize is now $432 million for the next drawing on Tuesday night. Powerball’s jackpot is at $384 million for Saturday night’s drawing. While the …

A Regal Cinemas movie theater stands at night on 42nd Street in New York, U.S., on Tuesday, Oct. 6, 2020. Amir Hamja | Bloomberg | Getty Images A lot has changed in the entertainment industry in 2020. With the surge in coronavirus cases has come an increased uneasiness from audiences, …

ESPN Monday Night Football Studio Analysts Louis Riddick during the NFL regular season football game between the Cleveland Browns and the San Francisco 49ers on Monday, Oct. 7, 2019 at Levi’s Stadium in Santa Clara, Calif. Ric Tapia | Icon Sportswire | Getty Images In 2020, the National Football League …

The New York Stock Exchange (NYSE) in lower Manhattan. Spencer Platt | Getty Images The legacy of 2020 will endure in America’s collective memory for many reasons: a deadly pandemic, a vicious presidential election. It also brought the most severe recession in almost a century, which hurtled millions into poverty …

Tech investor Gene Munster told CNBC on Thursday he sees a reasonable path for Apple to reach a $3 trillion market capitalization in the future. The iPhone maker became the first publicly traded U.S. company to reach a $2 trillion market cap in August — a milestone Munster foresaw in …

A nurse prepares to administer the Pfizer-BioNTech COVID-19 vaccine at Guy’s Hospital in London, Britain December 8, 2020. Frank Augstein | Reuters Doctors in the United Kingdom are pushing back on health officials’ decision to change the vaccine schedule on Pfizer’s Covid-19 immunizations, saying it fails to follow the “science.” …

President Donald Trump speaking in a released video on Twitter on Dec. 31st, 2020. The White House | Twitter WASHINGTON — In the final days of 2020, the United States saw coronavirus deaths spike, cases surge to staggering levels, hospitals strained and the rollout of desperately needed vaccines fall short of …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Last trading day of 2020 on Wall Street Ornaments on the New York Stock Exchange (NYSE) holiday tree at Wall Street on December 9, 2020 in New York City. Angela Weiss | …

Check out the companies making headlines before the bell: Exxon Mobil – The energy giant will write down the value of its assets by up to $20 billion for the fourth quarter, mostly related to its natural gas assets. Exxon is, however, seeing a benefit this quarter from higher oil prices …

As 2020 draws to a close, many of us will be thankful to bid farewell to a year like no other, one fraught with fear, sadness and challenges. Yet, despite the hardship of the coronavirus pandemic, this year will also go down as a momentous one for all the rapid …

Sir John Bell, a professor at Oxford University in the U.K., told CNBC on Wednesday he was confident that Covid-19 vaccines could be retooled to provide effective protection against future coronavirus mutations. Bell’s comments on “Closing Bell” come as global attention focuses on a strain of the virus widely circulating …

The United States will not inoculate as many people against the coronavirus by the end of the year as federal officials originally estimated, President Donald Trump’s Covid-19 vaccine czar said Wednesday. According to the Centers for Disease Control and Prevention’s latest count, more than 11.4 million doses of Pfizer’s and Moderna’s …

MARK RALSTON | AFP | Getty Images There’s a chance that at least a couple of people will end 2020 far wealthier than most of us. With no ticket matching all six numbers drawn Tuesday in Mega Millions, the jackpot has jumped to $401 million for Friday night’s drawing. Powerball’s …

[The stream is slated to start at 3 p.m. ET. Please refresh the page if you do not see a player above at that time.] New York Gov. Andrew Cuomo will hold a press briefing on the coronavirus Wednesday as Covid-19 hospitalizations reach levels last reported in early May. There …

Signage is displayed outside a JC Penney Co. store in Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images J.C. Penney CEO Jill Soltau, who was tapped to turn around the struggling department store, will leave the company Thursday. The company’s new owners, Simon Property Group and Brookfield Asset Management, …

People walk outside the newly boarded AMC 34th Street 14 movie theater as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 4, 2020 in New York City. Noam Galai | Getty Images Movie theater chain AMC is hoping to raise …

Wesley Matthews #9 of the Los Angeles Lakers guards Luka Doncic #77 of the Dallas Mavericks at Staples Center on December 25, 2020 in Los Angeles, California. John McCoy | Getty Images After suffering a ratings decline for its championship series, the National Basketball Association is celebrating its most-watched opening …

Russell Okung #76 of the Carolina Panthers Grant Halverson | Getty Images It’s often referred to as a new form of gold, and now Carolina Panthers offensive linemen Russell Okung is making a massive bet on bitcoin. After a nearly two-year battle, Okung finally had his wish granted and will …

Public and private markets raced through the pandemic, and many of the breakout IPOs and newly enriched start-ups also raced above it — in the cloud. The software boom of 2020 found an unlikely and gruesome tailwind in Covid-19, and it has been the talk of Wall Street and Silicon …

A bus drives past a sign displaying the measures imposed by the government against the outbreak of the coronavirus disease (COVID-19), on the first day of a newly imposed lockdown, in London, Britain, November 5, 2020. John Sibley | Reuters LONDON — The U.K. government has introduced stricter coronavirus restrictions …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. McConnell blocks $2,000 stimulus checks Senate Majority Leader Mitch McConnell (R-KY) speaks at a news conference with other Senate Republicans at the U.S. Capitol on December 15, 2020 in Washington, DC. Tom …

Check out the companies making headlines before the bell: AstraZeneca – Britain became the first country to approve the drug maker’s Covid-19 vaccine, setting the stage for a rollout of millions of doses. The vaccine is not yet approved in the U.S., with the FDA still to review large-scale trials. The …

People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The move toward a $15 minimum wage gained more ground in …

A Brazilian doctor voluntarily receives an injection as part of phase 3 trials of a vaccine developed by the University of Oxford and British pharmaceutical company AstraZeneca, in July 2020. Nelson Almeida | AFP | Getty Images LONDON — The coronavirus vaccine being developed by the University of Oxford and …

Dr. Carlos del Rio warned “The News with Shepard Smith” that the effort to vaccinate Americans needs to “change dramatically,” as the United States missed its vaccination goals two weeks after Americans started receiving shots.  “If we’re going to get to have every single American who needs a vaccine and …

Clinicians work in the former lobby of Providence St. Mary Medical Center, which has been converted into a care space to treat suspected COVID patients, amid a surge in COVID-19 cases in Southern California on December 23, 2020 in Apple Valley, California. Mario Tama | Getty Images California will extend …

President-elect Joe Biden on Tuesday criticized the Trump administration’s effort to distribute and administer Covid vaccine shots, saying that the administration has failed to meet its own goals. “The Trump administration’s plan to distribute vaccines is falling behind, far behind,” he said at a news briefing. “As I long feared …

A Cinemark employee serves popcorn to a customer at a concession stand at Cinemark’s Century 16 at the South Point Hotel & Casino on August 14, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images News | Getty Images With just a few days before the end of the …

Ty Wright | Bloomberg | Getty Images For car buyers, the end of the year typically marks the best time to get a great deal. Things look a bit different this time around. While there are still discounts and special financing on certain makes and models, those incentives generally are …

American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, takes off from Miami, Florida, December 29, 2020. Marco Bello | Reuters American Airlines expects the impact of the coronavirus pandemic to continue to weigh on demand and schedules into …

Check out the companies making headlines in midday trading.  Ormat Technologies — Shares of the alternative energy company advanced more than 4% after Bank of America initiated coverage on the stock with a buy rating and $96 target, according to FactSet. The stock rose to an all-time high on the …

A shopper reaches toward a display of McCormick spices and flavorings in an Associated Supermarket in 2005. Bloomberg | Bloomberg | Getty Images Stuck-at-home Americans cooked gourmet sauces, tried new recipes and cleared spice racks during the pandemic. Those trends may permanently influence what people buy, crave and eat in …

When you think of free breadsticks, unlimited salad and pounds of pasta, one name comes to mind — Olive Garden. But the Italian eatery, known for its $5 take-home meal, has fallen on hard times as the coronavirus pandemic has wreaked havoc on the restaurant industry. In December, Darden Restaurants …

Check out the companies making headlines before the bell: SAP – The German business software company’s stock is moving higher after it announced its Qualtrics unit has filed to go public. Qualtrics – which specializes in customer relationship software – is expected to be valued at $12 billion or more, compared …

Designer Pierre Cardin poses during the Pierre Cardin Paris Haute Couture New Collection launch at Maxim’s on November 26, 2013 in Paris. Richard Bord | Getty Images Pierre Cardin, who during his more than seven decades in fashion brought geometric shapes to haute couture and put his name on everything …

An American Airlines Boeing 737 MAX airplane takes off on a test flight from Dallas-Fort Worth International Airport in Dallas, Texas, on December 2, 2020. Cooper Neill | AFP | Getty Images MIAMI — American Airlines on Tuesday is set to operate the first U.S. commercial flight of Boeing’s 737 …

Despite the number of productions delayed this year by the coronavirus pandemic, Imax CEO Richard Gelfond on CNBC Monday said the new year could prove to be lucrative for his company. While studios paused tapings, film releases were also delayed as movie theaters closed across the country in response to …

The number of shipments coming through the nation’s busiest container port complex in Los Angeles is up substantially from the first half of the year, reflecting a rebound in business and shift in consumer habits. Port of Los Angeles Executive Director Gene Seroka in an appearance Monday on CNBC said …

JPMorgan Chase has agreed to purchase one of the biggest third-party credit-card loyalty operators in a bet that pleasure travel will rebound sharply after the coronavirus pandemic subsides, CNBC has learned. The bank agreed Monday to acquire the technology platforms, travel agency, gift card and points businesses of cxLoyalty Group, a …

Nikola Corporation rang the Nasdaq Closing Bell remotely from across the world. Source: The Nasdaq Check out the companies making headlines midday on Monday: Nikola — Shares of the electric-vehicle maker rose nearly 6% after a JPMorgan analyst said he sees a “less drama-filled” news flow for the company in …

When an announcement came in late November that Lauren Hobart would take the reins as chief executive at Dick’s Sporting Goods in early 2021, corporate America hit another major milestone for inclusivity that has been driven, in large part, by the retail industry. A record 41 female CEOs are soon …

President-elect Joe Biden plans to invoke the Defense Production Act after he takes office next month to boost production of coronavirus vaccines, a member of his Covid-19 advisory team said Monday. “You will see him invoking the Defense Production Act,” Dr. Celine Gounder, a member of Biden’s Covid-19 advisory board, …

krisanapong detraphiphat | Moment | Getty Images Bottom-scraping interest rates in 2020 were a major factor fueling a stock market that, after plummeting in March from the pandemic, rallied to post a banner year. Low interest rates also vexed investors seeking yield from bonds purchased to diversify portfolios and reduce …

These are the stocks posting the largest moves before the bell.

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 — The …

Two men paint graffiti of frontline workers on a wall during the coronavirus pandemic in Mumbai, India. Imtiyaz Shaikh | Anadolu Agency | Getty Images SINGAPORE — The Covid-19 pandemic has sent the global economy into one of its worst recessions ever, and it isn’t yet clear when a full …

Gal Gadot stars as Wonder Woman in “Wonder Woman 1984.” Warner Bros. “Wonder Woman 1984” soared into theaters on Christmas day and secured the highest box office opening of any film released domestically since the coronavirus pandemic crippled the entertainment industry in mid-March. On Sunday, Warner Bros. revealed that the …

Pfizer’s Covid-19 vaccine is pictured at Rady Children’s Hospital before it’s placed back in the refrigerator in San Diego, California on December 15, 2020. Adriana Drehsler | AFP | Getty Images Doses of the coronavirus vaccine may have been wrongfully obtained and distributed throughout parts of New York, the state’s …

The chart shows U.S. restaurants’ weekly Source: UBS Evidence Lab U.S. restaurant revenue is falling as takeout and delivery orders fail to make up for lost dine-in sales. UBS Evidence Lab found that dine-in restaurant sales plunged 69% in the week ended Nov. 29. In that same week, takeout and …

Frederic J. Brown | AFP | Getty Images Mega Millions players can let the daydreaming continue. With no one hitting all six numbers drawn Friday, the jackpot has jumped to an estimated $376 million. And Powerball, with the next drawing set for Saturday night, is at $341 million. Of course, …

Robert Barnes | Getty Images More than three dozen retailers, including the nation’s oldest department store chain, filed for bankruptcy this year, marking an 11-year high. Pre-pandemic, several of these retailers were already teetering on the brink of survival. But the Covid health crisis pummeled the industry. Lockdown orders put …

An Air Canada Boeing 737 MAX 8 aircraft is being towed in as another Air Canada Boeing 737 MAX 8 aircraft is seen on the ground at Toronto Pearson International Airport in Toronto, Ontario, Canada, March 13, 2019. Chris Helgren | Reuters A Montreal-bound Air Canada Boeing 737 Max ferry …

Jamie Foxx voices Joe Gardner in Disney Pixar’s “Soul.” Disney The entertainment industry has been rocked by the coronavirus pandemic. Big blockbusters that were slated to arrive in theaters in 2020 have, for the most part, been pushed to 2021 and those that haven’t have been used to pad major …

A view of signage leading to one of the testing centers at Heathrow Airport on December 22, 2020 in London, England. Joseph Okpako | Getty Images News | Getty Images The United States will begin requiring people flying in from the U.K. to test negative for Covid-19 no more than …

Snow falls as people wearing face masks walk through the Asakusa district on March 29, 2020 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images SINGAPORE — As 2020 draws to a close, many investors consider Asia as the region with one of the best economic prospects next year thanks to …

After a bruising year for the airline industry, Hawaiian Airlines CEO Peter Ingram told CNBC he believes it’s only up from here. Airlines spent much of 2020 cutting routes and reducing flights due to the decline in travel demand from the coronavirus pandemic, but companies including Delta and United Airlines …

There may be increased spending on gift cards this holiday season, and that may help boost retail sales next year, former Walmart U.S. President and CEO Bill Simon told CNBC on Thursday. Payment service Blackhawk Network found in a survey that shoppers anticipated spending, on average, about $313 on gift cards around …

Check out the companies making headlines in midday trading.  Nikola — Shares of the electric vehicle company shed more than 3% as the stock continued its slide after the announcement of the end of a garbage truck development deal with Republic Services. The stock lost 10.7% on Wednesday. Wedbush Securities …

Gal Gadot stars as Wonder Woman in “Wonder Woman 1984.” Warner Bros. Can a nostalgia-packed superhero flick convince people to leave their couches and head to the cinemas? “Wonder Woman 1984” seeks to answer that question. Movie theater owners are hopeful that the “Wonder Woman” sequel, which arrives Christmas Day, …

The $900 billion coronavirus relief package includes a long sought measure to send aid to struggling independent theaters and music venues. But now those cultural centers and small businesses are left waiting for help yet again. The measure was set to become law this week, but President Donald Trump on …

A medical personnel administers a free Covid-19 tests at a state run drive-through testing site in the parking lot of the University of Texas El Paso campus amid the coronavirus disease (COVID-19) outbreak, in El Paso, Texas, November 23, 2020. Ivan Pierre Aguirre | Reuters Al Weiss, 74, walked into …

Academy Sports & Outdoors store in Orlando, Florida. Google Earth Academy Sports & Outdoors’ more than 250 stores shuttered for weeks in the early days of the Covid pandemic. But as lockdown orders eased and these stores reopened, many customers still didn’t feel comfortable coming inside to buy camping gear …

For people staying safely at home this holiday season, new virtual tours let anyone with an internet connection tour famous Christmas destinations around the world.    Homebound travelers can book live interactive tours with local guides to learn about everything from the religious sites of Jerusalem to the department store …

Michael Girard recieves the Covid-19 vaccine with the first batch of Moderna’s vaccine at Hartford hospital in Hartford, Connecticut on December 21, 2020. arrival of the vaccine. Joseph Prezioso | AFP | Getty Images Just over 1 million people in the U.S. have received their first dose of the coronavirus …

For many Americans, the classic carol “I’ll be Home for Christmas” will literally describe their plans this holiday weekend, as most opt to celebrate in place amid the ongoing pandemic. Only about a quarter of people nationwide will travel for Christmas and New Year’s, down from about one-third or so …

Nikola Corporation rang the Nasdaq Closing Bell remotely from across the world. Source: The Nasdaq Nikola shares slid 9% Wednesday after the company announced that it has terminated its partnership with Republic Services to jointly develop electric garbage trucks. Nikola said the decision was made after both companies “determined that …

A traveler passes through immigration control by walking through a “smart tunnel ” at Dubai International Airport. GIUSEPPE CACACE/AFP The United Arab Emirates’ commercial capital Dubai is making the Pfizer-BioNTech coronavirus vaccine available to its residents for free as of Wednesday, its government has announced. The news comes after the …

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 …

MIAMI — Move over, Texas. The Lone Star state has grabbed headlines as tech companies like Oracle, Hewlett-Packard Enterprise and billionaire Elon Musk are planning to move major operations from California for its greener pastures and — lower taxes.  But now, Miami is becoming a magnet for companies trying to …

Michael Rubin, executive chairman of online sports apparel giant Fanatics, told CNBC on Wednesday that retail sales this holiday season have been negatively impacted by shipping challenges. “There’s been so much pressure on the different shipping networks to deliver, I think there was even more demand that could have been …

Nanoracks’s Bishop airlock installed on the International Space Station. NASA Voyager Space Holdings’ fourth acquisition in a little over a year since it was established is a majority stake in the parent company of Nanoracks, a space services and hardware specialist that has sent more than 1,000 missions to the …

A man bangs a spatula against a pot to show gratitude to medical workers from Lenox Hill Hospital as part of the nightly #ClapBecauseWeCare during the coronavirus pandemic on May 07, 2020 in New York City. Cindy Ord | Getty Images In the spring, cheers, claps and clanging pots and …

The U.S. began vaccinating the population against the coronavirus last week, but mass adoption is not a guarantee.  Nearly 4 in 10 Americans say they would “definitely” or “probably” not get a vaccine, according to a Pew Research Center survey of 12,648 U.S. adults from Nov. 18 to 29. While …

A car dealer shows a vehicle to customers at a dealership in Jersey City, New Jersey. Angus Mordant | Bloomberg | Getty Images Sales of new vehicles in the U.S. are expected to close this year down at least 15%, which would mark one of the industry’s worst annual declines …

U.S. government debt prices were lower on Wednesday after President Donald Trump suggested he may not sign a long-delayed coronavirus relief package.  The yield on the benchmark 10-year Treasury note climbed to 0.921%, while the yield on the 30-year Treasury bond was slightly higher at 1.655%. Bond yields move inversely to prices. Trump on …

SINGAPORE – The world must remain vigilant for the next six months, while the coronavirus vaccine is rolled out as it will take time before most of the population receive their vaccinations, the World Health Organization’s chief scientist told CNBC. “We are going to approach the beginning of the end, …

LONDON — European markets are set to open mostly lower on Wednesday, as investors react to President Donald Trump’s disapproval of a long-delayed U.S. coronavirus stimulus package. Britain’s FTSE 100 is seen falling 25 points to 6,432, Germany’s DAX off by 47 points at 13,375 and France’s CAC down 16 …

National Institutes of Health Director Dr. Francis Collins told CNBC that “it was very likely” that the U.S. government is close to a deal with Pfizer for up to an additional 100 million Covid vaccine doses.  “It is good news it sounds like it’s very likely,” said Collins. “We’ll have …

The Container Store has named a replacement for outgoing CEO Melissa Reiff, who told CNBC’s Jim Cramer Tuesday that she is optimistic about the transition. Satish Malhotra, a veteran executive of personal care retailer Sephora, is set to begin leading the storage and organization products retailer, come February. “There’s never …

When the coronavirus pandemic limited face-to-face interactions earlier this year, companies, governments and other organizations adapted to the new normal by transitioning many activities online. The transition, a part of the digital transformation that has played out over the years, was a boon for companies like cloud messaging provider Twilio, …

CNBC’s Jim Cramer on Tuesday reacted to rumors that Apple could be laying day a path to get into the car business, saying Apple stock should be owned simply for its existing catalog of technology products. “An electric vehicle merely gives you one more reason to own Apple, not trade …

Walgreens Pharmacist Jessica Sahni holds the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine at The New Jewish Home in New York, December 21, 2020. Yuki Iwamura | Reuters The U.S. government is close to a deal with Pfizer for an additional 100 million doses of its coronavirus vaccine, a source told CNBC’s …

President-Elect Joe Biden delivers remarks before the holiday at The Queen in Wilmington, Delaware on December 22, 2020. Alex Edelman | AFP | Getty Images President-elect Joe Biden on Tuesday urged Americans to remain “vigilant” over the holidays, adding that Pfizer’s and Moderna’s coronavirus vaccines likely won’t stop the deaths …

A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton — The exercise equipment stock …

Chipotle Mexican Grill CEO Brian Niccol said Tuesday that the company will “strongly encourage” employees to receive the coronavirus vaccine. The Centers for Disease Control and Prevention recommended that foodservice workers are placed next in line to receive the inoculation during phase 1c of vaccine distribution. They fall behind the …

US President-Elect Joe Biden delivers remarks before the holiday at The Queen in Wilmington, Delaware on December 22, 2020. Alex Edelman | AFP | Getty Images President-elect Joe Biden will push for a third round of stimulus checks in the next Covid-19 relief bill, he said on Tuesday. The former …

A notice informing people of ‘Tier 4’ coronavirus restrictions lights up a digital advertising screen on Oxford Street in London, England, on December 21, 2020. David Cliff | NurPhoto | Getty Images The U.K. has identified a new variant of the coronavirus that appears to spread more quickly, sparking new …

Adam Silver, NBA Commissioner. Getty Images On the eve of a new season, National Basketball Association Commissioner Adam Silver made clear his league would not jump the line to receive Covid-19 vaccines as the NBA attempts to normalize its business. The NBA returns for its 2020-21 campaign on Tuesday. The …

Punch Bowl Social on Broadway in Denver, November 01, 2016. Andy Cross | Denver Post | Getty Images Punch Bowl Social filed for Chapter 11 bankruptcy on Monday after the coronavirus pandemic devastated its business. As recently as February, the once-buzzy “eatertainment” chain looked to be the future of the …

Jamie Foxx voices Joe Gardner in Disney Pixar’s “Soul.” Disney Pixar has done it again. Disney’s Academy Award-winning studio is set to release its latest triumph on the company’s streaming service on Christmas Day. “Soul,” the 23rd feature from Pixar, focuses on Joe Gardner (Jamie Foxx), a music teacher with …

Medical staff member Christina Mathers attends to a patient, who is unconscious, as she holds the patient’s hand in the COVID-19 intensive care unit (ICU) at the United Memorial Medical Center on December 21, 2020 in Houston, Texas. Go Nakamura | Getty Images The new coronavirus strain that was first …

Alaska Airlines has agreed to buy nearly two dozen additional Boeing 737 Max planes, the first order from a U.S. carrier since regulators cleared the planes to fly again last month after two deadly crashes. Alaska said Tuesday it will buy 68 of the 737 Max 9 planes, up from …

The GM Defense Infantry Squad Vehicle was uniquely engineered to meet U.S. military specifications. It is based on the automaker’s off-road Chevrolet Colorado ZR2 midsize truck architecture. GM Defense DETROIT – General Motors is targeting significant growth for its resurrected military defense unit, which quietly re-launched three years ago and …

Senator Elizabeth Warren (D-MA) departs after a vote on Capitol Hill in Washington, U.S., September 22, 2020. Joshua Roberts | Reuters Sen. Elizabeth Warren is pushing legislation that would provide free Covid testing for teachers, students, essential workers and others who have high exposure to the coronavirus, expanding federally funded …

Shannon Stapleton | Reuters Peloton shares rose to a record Tuesday after the company announced plans to buy exercise equipment manufacturer Precor for $420 million. In early trading Tuesday, the stock was at an intraday record of $160.56, up 11.2% from Monday’s close of $144.39. Telsey Advisory Group analyst Dana …

Employees of the company Goldbecksolar are testing a module in a solar park under construction in a former gravel opencast mine. Jens Buttner | picture alliance | Getty Images During the coronavirus pandemic, the worst public health crisis in a century, some people pointed to what appears to be a …

Travel stocks are in turmoil, again. Airlines, hotel and cruise stocks sold off Monday as a new Covid strain broke out in the U.K. and Europe tightened travel restrictions. It does not make sense to jump into these names yet, even with the pullback, Joule Financial President Quint Tatro told …

U.S. government debt prices rose on Tuesday as investor sentiment was shaken by a fast-spreading new coronavirus strain in the U.K. The yield on the benchmark 10-year Treasury note sank to around 0.918%, while the yield on the 30-year Tresury bond fell to 1.656%. Bond yields move inversely to prices. …

The boss of German firm &ever has said that his company’s new indoor vertical farm in Singapore will produce 1.5 tons of “leafy green” produce every day when it is up and running in the fourth quarter of next year. Henner Schwarz, Chief Executive Officer at &ever, told CNBC on …

This is not the year for big Christmas parties, but that doesn’t mean that holidaymakers can’t create their own festivities at home with the help of seasonal cocktail recipes from around the globe. From sweet treats to serious spiced drinks, here are CNBC Global Traveler’s picks for simple yet chic …

Former FDA chief Dr. Scott Gottlieb warned that the highly contagious, new mutation of Covid-19 found in the United Kingdom “is already in the U.S.” as more than 40 countries ban travel to and from the U.K. for 48 hours or more.  “I don’t think a travel ban, at this …

Thor Industries CEO Bob Martin on Monday told CNBC that the company is looking to develop new products and expand its business after purchasing Tiffin Motorhomes in a $300 million deal. The acquisition gives Thor, a recreational vehicle maker based in Indiana, a manufacturer of high-end motorhomes based in Alabama …

CNBC’s Jim Cramer on Monday broke down his long-trusted playbook to game the market on volatile days for stock trading. Equities on Wall Street spent the early part of the trading day in the red, coming under pressure as investors worried over new revelations about the coronavirus outbreak in the …

Robinhood CEO Vlad Tenev on Monday responded to claims that the stock trading company deceived customers about its money making tactics, which led it to a $65 million settlement with the Securities and Exchange Commission last week. In an appearance on CNBC’s “Mad Money,” Tenev said Robinhood, which is privately …

Former Macy’s CEO Terry Lundgren told CNBC on Monday he expects coronavirus pandemic-related disruption for the retail industry to persist well into next year, leading potentially to more store closures. “We’re not done yet. … We’re going to learn even more when we get through the holiday season,” Lundgren said …

Peloton shares soared Monday after the company announced it plans to acquire the exercise equipment manufacturer Precor for $420 million, in a bid to speed up production of its cycles and treadmills and meet its promised delivery windows. Its stock jumped more than 8% in after-hours trading. Demand for Peloton’s …

The U.S. is looking at why a handful of people have suffered from severe allergic reactions shortly after receiving Pfizer’s coronavirus vaccine shots, a National Institute of Allergy and Infectious Diseases official told CNBC on Monday. The study – which is still in the early planning phases – is expected …

The four RS-25 engines slated to fly on the maiden flight of NASA’s SLS rocket, at the company’s facility at NASA’s Stennis Space Center. Aerojet Rocketdyne Lockheed Martin intends to buy Aerojet Rocketdyne at a $4.6 billion equity value, a deal that adds rocket engine and spacecraft propulsion assets to …

Chevy Chase and Beverly D’Angelo reprise their National Lampoon’s Christmas Vacation roles as Clark and Ellen Griswold for a new ad for the Ford Mustang Mach-E. Ford Comedian Chevy Chase is reprising his role as Clark Griswold from the film “National Lampoon’s Christmas Vacation” in a new holiday ad for …

A woman wearing a mask carries shopping bags through the snow near Bryant Park on December 17, 2020 in New York City. New York City received 6 to 8 inches of snow in an overnight storm that resulted in local power outages and transportation delays during the first North Eastern …

Alan Bergman (L) and Alan Horn attend the 77th Annual Golden Globe Awards at The Beverly Hilton Hotel on January 05, 2020 in Beverly Hills, California. Alberto E. Rodriguez | Getty Images Entertainment | Getty Images Entertainment legend Alan Horn is scaling back his duties with Disney company. The 77-year-old …

British Airways Boeing 747-400 with nickname Queen of the Skies commercial aircraft as seen on final approach with landing gear down landing at New York JFK John F. Kennedy International Airport in USA on 23 January 2020. Nicolas Economou | NurPhoto | Getty Images British Airways will require travelers to …

World Health Organization (WHO) Chief scientist Soumya Swaminathan on January 12, 2020 in Geneva. FABRICE COFFRINI | AFP via Getty Images World Health Organization officials said Monday that the coronavirus is mutating “at a much slower rate” than seasonal influenza, even as officials in the U.K. announced this weekend that …

America’s millionaires are betting on a strong stock market next year, with many expecting double-digit gains, according to the CNBC Millionaire Survey. Fully 70% of millionaires expect the S&P 500 will be up at least 5% next year, according to the survey of households with investible assets of at least …

John Abbamondi, CEO of the Brooklyn Nets. Dave Reginek | Getty Images The National Basketball Association will commence its 2020-21 regular season on Tuesday, returning to in-market games for the first time since March 11. But executives are already predicting disruptions due to Covid-19. Brooklyn Nets CEO John Abbamondi joined …

Dr. Scott Gottlieb told CNBC on Monday that existing Covid-19 vaccines will likely provide protection against the new strain of the coronavirus circulating in the U.K. British Prime Minister Boris Johnson on Saturday implemented strict lockdowns in London and large parts of southern England in response to rising coronavirus infections. He said …

Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Nike shares jumped …

Temuera Morrison stars as Boba Fett in “The Mandalorian.” Source: Disney Boba Fett is officially getting his own Disney+ series. On Friday, a post credit scene during the finale of season two of “The Mandalorian” teased that Temuera Morrison and Ming-Na Wen would return as Boba Fett and Fennec Shand …

Wall Street analysts could not have predicted that a new strain of the coronavirus detected in the U.K. and South Africa would lead to the S&P 500 tanking in pre-market future trading on Monday, even as the U.S. government reached a long-awaited second Covid-19 stimulus deal. It’s tough to see …

jayk7 | Moment | Getty Images This has been the year of unpredictability. The pandemic, including self-quarantining for months, is top of mind for people around the globe. The many other surprises this year include the fastest bear market in history, civil unrest, quite a unique U.S. presidential election, the …

SINGAPORE — Existing vaccines for Covid-19 will be effective in fighting off infection from new strains of the coronavirus, a U.S. doctor told CNBC this week. His comments came after the U.K. on Saturday said it identified a new mutation of the virus that can spread more quickly than previous …

Lorries queue on the A20 to enter the port of Dover in Kent. Gareth Fuller | PA Images via Getty Images LONDON — A highly contagious new variant of the coronavirus is causing countries in Europe and elsewhere to block travel from Britain. The U.K. last week warned of a …

A Centers for Disease Control and Prevention panel voted 13-1 Sunday to put “frontline essential workers” and people 75 years of age and older next in line to be eligible to receive a vaccine against Covid-19. That so-called phase 1b group is estimated to include about 49 million people, or …

Workers move boxes containing the Pfizer-BioNTech Covid-19 vaccine as they are prepared to be shipped at the Pfizer Global Supply Kalamazoo manufacturing plant in Kalamazoo, Michigan on December 13, 2020. Morry Gash | AFP | Getty Images Officials with Operation Warp Speed, the U.S. government program to distribute Covid-19 vaccines …

A person walks at Reagan National Airport ahead of the Thanksgiving holiday in Arlington, November 25, 2020. Hannah McKay | Reuters U.S. airlines are on track to get $15 billion in federal aid to pay workers under the latest bipartisan coronavirus stimulus package, according to people familiar with the matter. …

The Kansas City Chiefs celebrate with the Vince Lombardi Trophy after defeating the San Francisco 49ers 31-20 in Super Bowl LIV at Hard Rock Stadium on February 02, 2020 in Miami, Florida. Ronald Martinez | Getty Images There’s no better advertising spot on television than the National Football League’s Super …

The Child, popularly known as “Baby Yoda,” is a character in the new Disney+ series, “The Mandalorian” Episodic Photos, Disney *This post contains spoilers for “The Mandalorian” season two.*  When the final credits rolled on “Star Wars: The Rise of Skywalker,” fans who had eagerly awaited the final chapter in the Skywalker …

G2 Esports fans during Quarter Finals League of Legends World Championship match between G2 Esports and Damwon Gaming on October 27, 2019 in Madrid, Spain. Borja B. Hojas | Getty Images For the uninitiated, think of esports like you would any other sport. Instead of baseball, hockey, chess or curling, …

Missile sales have become the No. 2 defense export in the U.S., according to the Stockholm International Peace Research Institute. And a handful of U.S. companies dominate production. Like with aircraft, missile sales are based on international alliances and treaties. And these sales can become hot-button issues, like a recent …

Jay Leno said he thinks the genius of Tesla’s CEO Elon Musk is that “he was building the infrastructure as he was building the vehicle.” “Even today, a lot of the major manufacturers build an electric car, but, oh, where do you charge it?” Leno told the “The News with …

Rick Gates, senior vice president of pharmacy and healthcare at Walgreens, told CNBC that getting vaccines to the general public “won’t be chaos” as the FDA authorized Moderna’s Covid-19 vaccine for emergency use and set plans in motion to get states nearly 6 million doses by early next week.    “What you’re going to see, is we’re going …

The pandemic took a backseat to Tesla on the stock market Friday as traders exchanged shares ahead of its upcoming debut on the market benchmark index, CNBC’s Jim Cramer said Friday. Trade in Tesla, the poster child of high-flying tech stocks in 2020, put pressure on the rest of the …

CNBC’s Jim Cramer on Friday gave his assessment on XL Fleet, the commercial and municipal fleet electrification supplier that’s expected to go public next week via blank-check merger. XL Fleet, founded in 2009 to tap into the emerging electric vehicle economy, is being targeted by a special purpose acquisition company …

Cloudflare CEO Matthew Prince on Friday commented on the cyberattack on the federal government that was revealed earlier this week. In an appearance on CNBC’s “Mad Money,” the chief executive of the cloud cybersecurity provider said it’s one reason his company is shifting towards what he called a “zero-trust architecture” …

Winnebago CEO Michael Happe told CNBC on Friday he expects the coronavirus pandemic-inspired surge in recreational vehicle sales to last into next year. The comments came after the Forest City, Iowa-based company reported strong quarterly results that exceeded Wall Street expectations. Investors cheered the quarter Friday, with shares of Winnebago …

People wearing face masks are seen inside a Tesla showroom at a shopping mall in Wuhan, Hubei province, the epicentre of China’s coronavirus disease (COVID-19) outbreak, March 30, 2020. Aly Song | Reuters Shares of Tesla traded more than four times their 30-day average volume on Friday as passive funds …

A woman carries Nike shopping bags at the Citadel Outlet mall, as the global outbreak of the coronavirus disease (COVID-19) continues, in Commerce, California, U.S., December 3, 2020. Lucy Nicholson | Reuters Nike on Friday reported quarterly sales and earnings that topped analysts’ estimates, driven by triple-digit growth online in …

Ford started resuming vehicle production in the U.S. on May 18, 2020 with new coronavirus safety protocols such as health assessments, personal protective equipment and facility modifications to increase social distancing. Ford General Motors will not require employees to receive Covid-19 vaccinations to return to physical office locations or continue …

General Electric’s renewable energy division has been chosen as the preferred turbine supplier for the third and final phase of an offshore wind farm that’s set to be the largest on the planet. According to an announcement from SSE Renewables on Friday, a 14 megawatt (MW) version of GE’s huge …

Gal Gadot stars as Wonder Woman in “Wonder Woman 1984.” Warner Bros. “‘Wonder Woman 1984’ isn’t great and it isn’t terrible,” writes Stephanie Zacharek of Time Magazine. That seems to be the general consensus from critics as the sequel film arrives in international cinemas this weekend. The highly anticipated follow-up …

Giannis Antetokounmpo of the Milwaukee Bucks Gregory Shamus | Getty Images The Milwaukee Bucks crediting a boost in merchandise sales to Giannis Antetokounmpo. Just moments after the National Basketball Association’s reigning MVP posted on his Instagram account that he’s staying with the team until at least 2026, the “Giannis effect” …

We all need a vacation after 2020. And with vaccines being shipped out around the country, now might be a good time to start planning your much-needed getaway in 2021. The most important part of any trip you plan during Covid-19 will be flexibility, according to Nisreene Atassi, the global …

Palo Alto Networks CEO Nikesh Arora told CNBC on Friday that every business and federal agency needs to take stock of their network security in the wake of the suspected Russian massive cyberattack. The security executive’s comments follow the revelation that federal agencies, reportedly including the one overseeing the nation’s nuclear …

Gail Miller, Owner and chair of the Larry H. Miller Group of Companies and the Utah Jazz, announced today they have entered into definitive agreements to sell a majority interest in the Utah Jazz and other sports to technology entrepreneur Ryan Smith. Melissa Majchrzak | National Basketball Association | Getty …

Check out the companies making headlines in midday trading.  Tesla — Shares of the electric vehicle company jumped more than 1% to a new all-time high ahead of Tesla’s inclusion in the S&P 500. The stock will be added to the benchmark index before the opening bell on Monday based …

[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 Friday on the Covid vaccine distribution plans as the threat of another economic shutdown looms …

Dr. Scott Gottlieb told CNBC on Friday he expects a shortage of Covid-19 vaccine doses to continue past next week, even if the Food and Drug Administration issues emergency use authorization for Moderna’s vaccine. “I’ve talked to hospitals. They’re vaccinating far fewer health-care providers than what they could be because they …

Mannequins stand next to merchandise displayed for sale at a Dick’s Sporting Goods Inc. store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods is teaming with Instacart to offer same-day delivery from more than 150 stores, in states including Georgia, Maryland, New Jersey, …

Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly revenue that fell short of analysts’ expectations as another wave of pandemic-related dining restrictions weighed on its same-store sales. For next quarter, typically its best of the …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set for a steady open after Dow, S&P 500, Nasdaq closed at records U.S. stock futures were little changed Friday, with Wall Street wondering whether Capitol Hill can deliver a …

LG Electronics is working on an autonomous robot which utilizes ultraviolet light to disinfect what the South Korean tech giant describes as “high-touch, high-traffic areas.”  In an announcement this week, LG said it would look to introduce the technology to U.S.-based retail, education, hospitality and corporate customers from early next …

Sandra Lindsay, a nurse at Long Island Jewish Medical Center, is inoculated with the coronavirus disease (COVID-19) vaccine by Dr. Michelle Chester from Northwell Health at Long Island Jewish Medical Center in New Hyde Park, New York, U.S., December 14, 2020. Mark Lennihan | Reuters A majority of workers (57%) …

­­­­­­­­­­­­­­­­­­­New preflight testing programs are allowing a small number of Americans to have a European Christmas holiday this year after all. On Tuesday, Delta Air Lines launched a Covid-19 testing program for customers flying from Atlanta to Amsterdam, while a second program is scheduled to start on Saturday for Delta …

At Home CEO Lee Bird on Thursday told CNBC’s Jim Cramer that business has grown exponentially during the pandemic and that the company has expansion plans on the horizon. While the home decor superstore invests in building out its digital presence, the company continues to see opportunity in physical stores, …

CNBC’s Jim Cramer, after reviewing quarterly reports from Accenture consulting and Lennar home construction on Thursday, said it’s difficult to be a bearish investor in the current market environment. Both company’s shares rose about 7% during the session after posting solid beats on the revenue and profit lines, but the …

Cans produced for Coca-Cola Co.’s Coke drink move along the production line. Chris Ratcliffe | Bloomberg | Getty Images Coca-Cola will cut about 2,200 jobs in its global workforce as part of a broader restructuring plan that was accelerated by the coronavirus pandemic. In the United States, Coke will use …

Check out the companies making headlines in after hours trading. FedEx — Shares of the shipper slid more than 3% in after hours trading despite FedEx beating top and bottom line estimates during the second quarter. For the period the company earned $4.83 excluding items, on $20.56 billion in revenue. …

A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC. Drew Angerer | Getty Images News FedEx generated better-than-expected profits and revenue during its most recent quarter as the coronavirus pandemic continues to bolster high volume of U.S. and international package deliveries, the company …

Michael Regan listens as North Carolina Gov. Roy Cooper announces that Regan will lead the Department of Environmental Quality in North Carolina, at the Executive Manson in Raleigh, N.C. Jan. 3, 2017. Chuck Liddy | AP President-elect Joe Biden will pick Michael Regan, secretary of the North Carolina Department of …

Canoo’s van – known as a multipurpose delivery vehicle, or MPDV, because of the ways it can be upfitted – is designed for commercial customers. Canoo Electric vehicle start-up Canoo unveiled a new delivery van Thursday ahead of its public debut on the NASDAQ next week. The futuristic-looking van – …

People look at the holiday decorations in the window displays at the Country store on Main Street in Stockbridge, Massachusetts on December 13, 2020. Joseph Prezioso | AFP | Getty Images Procrastinators still abound this holiday season, a new survey finds, despite retailers ranging from Target to Best Buy trying …

It’s the season of giving — and New England Patriots linebacker Brandon Copeland is doing his part. This holiday season, he got together with 19 other current and former NFL players to surprise 200 underserved families each with $800 Amazon gift cards. The total giveaway: $160,000. The players are “guys …

The category of new cars costing less than $20,000 has shrunk in recent years, and it may keep younger buyers out of the market for a car, pushing them further toward ride-sharing and other forms of transportation. Data from J.D. Power shows that sales of cheap cars fell off a …

Young businessman wearing protective face mask in business first class seat. Mongkol Chuewong Everyone has an opinion on the return — or looming extinction — of business travel. Do the predictions match the view from the the top executives across corporate functions, and across all sectors of the global markets, …

Bill Gross, co-founder of Pacific Investment Management Co. (PIMCO), and his girlfriend Amy Schwartz wear protective masks while arriving at state court in Santa Ana, California, U.S., on Monday, Dec. 7, 2020. David Swanson | Bloomberg | Getty Images Billionaire bond investor Bill Gross has a special place in his …

Construction cranes in the center of Berlin, Germany Busà Photography | Moment | Getty Images Whether it’s futuristic skyscrapers that glint in the sunshine to terraced developments built over 200 years ago, buildings come in all different shapes, sizes and styles. The techniques and methods used to develop these structures …

The retail industry, buffeted by the devastating impacts of the Covid pandemic, is being forced to redefine the role of the of the brick-and-mortar store. The fallout felt around the world from the global health crisis has accelerated several trends: People flocked to the web at unprecedented levels to order …