As a first step in the biggest vaccination campaign in Argentina’s history, first line health workers are receiving the Russian Sputnik V vaccine against the coronavirus. Patricio Murphy | SOPA Images | LightRocket | Getty Images LONDON — The largest…
Read MoreTag: COVID-19
Boris Johnson imposes national lockdown on England
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…
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EU covid vaccine rollout ‘slow’; Germany, France tighten restrictions
A nurse prepares a syringe of Covid-19 vaccine during a vaccination campaign in a nursing house in Athens. LOUISA GOULIAMAKI | AFP | Getty Images The European Union has been criticised for the speed of its deployment of Covid vaccines,…
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UK decision to delay second Covid vaccine shot endorsed by advisers
A pharmacist dilutes the Pfizer COVID-19 vaccine while preparing it to administer to staff and residents at the Goodwin House Bailey’s Crossroads, a senior living community in Falls Church, Virginia, on December 30, 2020. Brendan Smialowski | AFP | Getty…
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21 years of airline passenger traffic growth erased in 2020: travel report
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…
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U.S. air travel hits pandemic high over New Year’s
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…
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Fauci warns of post-Christmas surge in Covid infections
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks with Alex Azar, secretary of Health and Human Services (HHS), not pictured, before they receive the Moderna Inc. Covid-19 vaccine during an event at the NIH Clinical…
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The 10 biggest retail bankruptcies of 2020
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…
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Covid resurgence in Japan, South Korea could hit Asia’s economic recovery
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…
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Covid changed shopping forever. What it means for your favorite stores
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…
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How to travel this Christmas through live virtual tours
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…
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Biden advisor Dr. Atul Gawande was in Moderna trial
Dr. Atul Gawande, a coronavirus advisor to President-elect Joe Biden, told CNBC on Wednesday he participated in Moderna‘s Covid-19 vaccine trial. “My mother, at 84, said, ‘I want to give back,’ so she signed up for the trial. I said if…
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Sorrento Therapeutics’ antibodies injection, nose drops to fight Covid
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…
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Covid crisis made low-wage workers essential, but gains appear fleeting
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…
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Will the U.S. trust it?
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…
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Some level of herd immunity may be reached by end-2021
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….
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Trump threatens to derail US stimulus
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…
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Adam Silver positions NBA for breakthrough after Covid
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….
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Take first one available to you, says Mayo Clinic CEO
Dr. Gianrico Farrugia, CEO of the Mayo Clinic, is urging Americans to take the first Covid-19 vaccine available to them. “My message is very simple: Don’t wait for a particular vaccine,” he told CNBC’s “Squawk Box” on Tuesday. “Get the…
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Covid recovery plans can help battle climate change
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…
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White House Covid task force kept airport health screeners in place despite risk
In a nearly 17-year career with U.S. Customs and Border Protection, Officer Omar E. Palmer had encountered plenty of precarious situations, from suitcases filled with weapons and drugs to disorderly passengers in John F. Kennedy Airport’s international terminal. “I would…
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European Medicines Agency authorizes Pfizer vaccine for use in the EU
A healthcare worker holds a coronavirus disease (COVID-19) vaccine vial at Dignity Health Glendale Memorial Hospital and Health Center in Glendale, California, U.S., December 17, 2020. Lucy Nicholson | Reuters Europe’s medicines regulator on Monday authorized Pfizer and BioNTech’s coronavirus…
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‘Investor alpha’ is the most important financial strategy for 2021
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…
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Covid vaccines will protect against new strains of the virus: Doctor
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…
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California’s Covid surge forces trial delay of Theranos Elizabeth Holmes
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images…
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Dr. Scott Gottlieb expects shortages to last through next week
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…
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LG to launch robot that disinfects surfaces amid coronavirus pandemic
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…
Read More Require Covid-19 vaccine for work return? Here’s what Americans say
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,…
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Can you travel to Europe without quarantining? A new program allows it
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…
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Pent-up demand will boost airline stocks in 2021 and beyond: Trader
It’s no secret airlines have had an unprecedently bad year. JPMorgan expects the pain to continue for some companies, with analysts double downgrading shares of JetBlue, Spirit and United Airlines to underweight from overweight on Wednesday on overvaluation concerns. The…
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French President Emmanuel Macron tests positive for Covid
French President Emmanuel Macron wearing a protective face mask looks on as he makes a statement next to Estonian Prime Minister Juri Ratas following their meeting at the Elysee Palace on October 28, 2020 in Paris, France. Chesnot | Getty…
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Singapore foreign minister on Covid vaccines, global outlook for 2021
SINGAPORE — The rollout of Covid-19 vaccines in Singapore will help the economy to recover — but will not take it back to what it was before the pandemic, the country’s Minister for Foreign Affairs Vivian Balakrishnan said on Thursday….
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Dr. Fauci and Operation Warp Speed’s Dr. Slaoui in livestream
[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] NIAID’s Dr. Anthony Fauci and Operation Warp Speed’s Dr. Moncef Slaoui speak with CNBC’s Senior Health and Science Reporter Meg…
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Prisoners have been excluded from Covid vaccine plans
A protester waves a “Black Lives Matter” flag across the street during the demonstration. Representatives from various organizations including Free the People Roc and HALT (Humane Alternatives to Long-term) travelled to Elmira Correctional Facility from across the state to protest…
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HHS Secretary Azar says the public will get Covid vaccine ‘by the end of February into March’
Health and Human Services Secretary Alex Azar told “The News with Shepard Smith” that most Americans can expect to get the coronavirus vaccine as soon as late February. “I believe by the end of February, the end of March, of…
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1 in 4 Americans will be working remotely in 2021, survey reveals
Parents work from home with their two sons due to the coronavirus outbreak in Paris in 2020. Xavier Laine | Getty Images News | Getty Images By 2025, 36.2 million Americans will be working remotely, an 87% increase from pre-pandemic…
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Here are some money moves to make before the year ends
Nitat Termmee | Moment | Getty Images At the end of every year, there’s an opportunity to make smart financial moves to reduce taxes, increase net investment income and decrease portfolio risk. Some of these financial moves are especially timely….
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Covid vaccine may be available at CVS, Walgreens stores in early spring
Health-care workers across the U.S. received Covid-19 vaccinations Monday, the first Americans to do so outside of a clinical trial. It will still be several months, however, before the average person can walk into their local drugstore or grocery store…
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Distribution money at stake in Covid relief talks
Congressional efforts to fund state and local distribution of the Covid-19 vaccine continued to hang in the balance on Monday even as the first doses of Pfizer’s pioneering inoculation were being administered. Lawmakers have yet to agree to a funding…
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Buy now, pay later plans are booming in the Covid economy
New sneakers, a MacBook, a Peloton — you can pay for almost anything in installments these days. Like the layaway plans of old, but now called point-of-sale loans, “buy now, pay later” lets shoppers break their purchases into equal installment…
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London to enter Tier 3 as UK government announces tougher Covid rules
Commuters walk along the Thames Path in view of Tower Bridge in London, U.K., on Monday, Dec. 14, 2020. Hollie Adams | Bloomberg via Getty Images LONDON — London will be placed into England’s toughest tier of coronavirus restrictions from…
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AstraZeneca to work on vaccine with Russia’s Gamaleya
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….
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Merck CEO optimistic, sees 6 more months of masks
Merck CEO Kenneth Frazier told CNBC on Thursday he was hopeful about continued progress on coronavirus vaccines but suggested that strict adherence to public-health protocols would remain necessary for months ahead. “I think there’s a lot of reason to be…
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Walmart prepares to administer Covid-19 vaccines at stores across the U.S.
A worker collects shopping carts at a Walmart store on May 19, 2020 in Chicago, Illinois. Walmart reported a 74% increase in U.S. online sales for the quarter that ended April 30, and a 10% increase in same store sales…
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Side effects are signs shot is building protection, says ex-FDA chief
Side effects from Covid-19 vaccines are indications that the shots are helping build protection against the disease, former FDA chief Dr. Margaret Hamburg told CNBC on Thursday. “The data does tell us that this vaccination causes some reaction at the time…
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Google search panels tackle misinformation about Covid vaccines
American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images LONDON — Google on Thursday rolled out new information…
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China may be using its vaccines to expand its soft power
Chinese President Xi Jinping learns about the progress on scientific research on a coronavirus vaccine and antibody during his visit to the Academy of Military Medical Sciences in Beijing, capital of China, March 2, 2020. Ju Peng | Xinhua News…
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Dry ice sales skyrocket as hospitals prepare to deliver shots
The ultra-cold temperatures required for storing the Covid-19 vaccine developed by U.S. pharmaceutical giant Pfizer and Germany-based BioNTech has driven a buying frenzy for freezers and dry ice. However, large-scale freezers units are expensive — and with hospital budgets already…
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New vaccine billionaires gain wealth as Moderna, Pfizer shares soar
The soaring shares of vaccine makers has created a new wave of billionaires, raising questions about pandemic profits amidst an increasingly unequal recovery. The surge in shares of BioNTech, the German biotech firm that’s partnering with Pfizer on its vaccine,…
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Covid vaccine offers exhausted nurses hope, but not immediate relief
A medical staff member Gabriel Cervera Rodriguez closes his eyes while taking a. short brake in the COVID-19 intensive care unit (ICU) at the United Memorial Medical Center on December 2, 2020 in Houston, Texas. Go Nakamura | Getty Images…
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Covid ‘long haulers’ may take more than a year to recover, says Mayo Clinic doctor
Coronavirus patients who develop “post-Covid syndrome” brain fog and fatigue — often referred to as “long haulers” — may feel the effects for more than a year, according to a Mayo Clinic doctor studying the phenomenon. Dr. Greg Vanichkachorn, an…
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Rich nations accused of hoarding doses
Nurse Paula McMahon (R) prepares a dose of the Pfizer-BioNTech Covid-19 vaccine for Grace Thomson (L) at the Louisa Jordan Hospital in Glasgow on December 8, 2020 as Britain starts is biggest ever vaccination program. Jeff J. Mitchell | AFP…
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Oxford-AstraZeneca vaccine to immunize the planet ‘more effectively,’ Lancet editor says
Staff at CSL are working in the lab on November 08, 2020 in Melbourne, Australia, where they will begin manufacturing AstraZeneca-Oxford University COVID-19 vaccine. Darrian Traynor | Getty Images LONDON — The Oxford-AstraZeneca coronavirus vaccine has a “distinct comparative advantage”…
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A Covid-19 infection is found on a Singapore ‘cruise to nowhere’
Unlike airlines and hotels, cruise ships are having a hard time getting business restarted this year. Now even one so-called “cruise to nowhere” has found itself curtailed. Royal Caribbean’s Quantum of the Seas passenger cruise ship cut short its four-day…
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What it’s like in Pfizer, Moderna trials
The Pfizer–BioNTech coronavirus vaccine is both safe and effective, according to the U.S. Food and Drug Administration. In a report released Tuesday morning, the FDA indicated that it could greenlight the country’s first Covid-19 inoculation within days. If Pfizer’s shot…
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U.S. declined Pfizer offer for more doses, says Scott Gottlieb
Dr. Scott Gottlieb, a member of Pfizer’s board, told CNBC on Tuesday the company’s offers to provide the U.S. additional doses of its coronavirus vaccine in 2021 was declined by the Trump administration. The government in July agreed to a deal with…
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Cuomo says New York could cut indoor dining if trends continue
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 said Monday the state could close indoor dining in New York…
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Can you be fired if you refuse the Covid vaccine?
Vials with Covid-19 Vaccine stickers attached and medical syringe with the US pharmaceutical company Pfizer and BioNTech German biotechnology company logos. Vincent Kalut | Photonews | Getty Images The country’s first Covid vaccine could be authorized for emergency use as…
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Dr. Scott Gottlieb won’t eat indoors in a restaurant due to Covid risk
Dr. Scott Gottlieb told CNBC on Monday he has avoided indoor dining during the coronavirus pandemic over safety concerns. “On a personal level, I’ve gone to many big-box stores properly masked, and I wear a high-quality mask when I go out. I…
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Winter Covid surge the ‘worst event that this country will face’
Dr. Deborah Birx warned on Sunday that the escalating coronavirus surge is likely to be the most trying event in U.S. history, as hospital systems around the country strain to combat its mounting daily death toll. “This is not just…
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Stay-at-home order issued for San Francisco Bay Area
California Street, usually filled with iconic cable cars, is seen mostly empty in San Francisco, California on March 17, 2020. Josh Edelson | AFP | Getty Images San Francisco Bay Area health officials announced on Friday that they would implement…
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Revised CDC data shows higher relative Black, Hispanic Covid death rate
Family and friends place Humberto Rosales casket, who passed away from Covid-19 complications, at his gravesite at Memorial Pines Cemetery in Santa Teresa, New Mexico, on December 3, 2020. Paul Ratje | AFP | Getty Images The Centers for Disease…
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Brent to drop to $45 in 2021 despite good news on Covid vaccine
SINGAPORE — Fitch Ratings expects Brent prices to drop to $45 per barrel in 2021 — even though there’s good news on the vaccine front, the credit rating agency said this week. That’s close to 9% lower than what a…
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Christmas tree sales are telling a holly, jolly economic story
John Williams, left, and his dad Terry, right, both of Salem, carry a large Christmas Tree out of the field together at Tucker Tree Farm in Salem, Oregon, November 29, 2020. Alisha Jucevic | Reuters Tree retailers are having a…
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You don’t have to be Elon Musk to think like a futurist—here’s how to do it
While 2020 is coming to an end, questions prompted by uncertainty aren’t going away anytime soon: What changes are coming tomorrow? Will they be good or bad? What will the world look like 10 years from now? So it makes…
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Anthony Fauci to meet with Joe Biden’s Covid transition team for first time
Director of the National Institute of Allergy and Infectious Diseases Anthony Fauci speaks with Vice President Mike Pence as they participate in a news briefing with member of the White House Coronavirus Task Force in the James S. Brady Press…
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Walmart gives bonuses to employees, extends emergency leave
A line forms outside of the Walmart in Quincy, MA on April 4, 2020 as the store implements new restrictions on capacity during the coronavirus pandemic. People wait outside wearing masks and distanced apart. Boston Globe | Boston Globe |…
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U.S. Covid hospitalizations top 100,000, an ‘unfathomable’ milestone
Medical staff members prepare to perform a percutaneous tracheostomy procedure on a patient in the COVID-19 intensive care unit (ICU) during Thanksgiving at the United Memorial Medical Center on November 26, 2020 in Houston, Texas. Go Nakamura | Getty Images…
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Some Rhode Island Covid patients are being moved to field hospital
Some coronavirus patients in Rhode Island have been moved to a field hospital due to standard facilities reaching bed capacity, according to the CEO of the state’s largest health network. The field hospital, located at the Rhode Island Convention Center,…
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WHO says Covid vaccine approval is a first step, demand must be created
Executive Director of the World Health Organization’s (WHO) emergencies program Mike Ryan speaks at a news conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Denis Balibouse | Reuters Approving a coronavirus vaccine is only the first step toward suppressing…
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Dr. Scott Gottlieb sees Covid vaccine in ‘rationing’ mode into the spring
Dr. Scott Gottlieb told CNBC on Wednesday the availability of coronavirus vaccine doses is likely to be limited in the next few months should U.S. regulators grant emergency approval later this month. “We’re going to be in this sort of rationing…
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Norwegian extends suspension of most cruises through March
Workers near a cruise ship of the Norwegian Cruise Line which is in dry dock receiving hull maintenance and interior modernization work. Gerald Julien | AFP | Getty Images Norwegian Cruise Line Holdings announced Wednesday that it is again extending…
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Amid coronavirus, donations set to spike on Giving Tuesday
Many charities have seen a surge in donations since the coronavirus crisis began. Now, on Giving Tuesday, pandemic-related nonprofits could get an unprecedented extra bump. Charitable donations generally get a big boost on “Giving Tuesday,” a single day specifically focused…
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Biden Covid advisor ‘relieved’ about Dr. Scott Atlas resignation
President-elect Joe Biden’s Covid advisory board member Dr. Celine Gounder told CNBC that she is “relieved” upon hearing news that President Donald Trump’s special advisor on the coronavirus pandemic, Dr. Scott Atlas, formally resigned from his post. “I am relieved…
Read More Goldman predicts how quickly Covid-19 vaccines will be rolled out
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…
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Cyber Monday shopping tips to help prevent fraud, identity theft
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…
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Covid-19 vaccine from Pfizer, BioNTech, Moderna, AstraZeneca promising
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….
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China vaccines have an ‘appeal’ in developing countries
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 |…
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What four retail analysts are watching
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…
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Black Friday 2020 traffic looks bleak at stores, malls
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…
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Unexpected state tax could be around the corner for remote workers
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…
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Big S&P 500 loser this month Hanesbrands could see a comeback: Traders
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…
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Main St pins hopes on Small Business Saturday sales to stay afloat
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…
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Singapore-Arcturus coronavirus vaccine candidate on track for 2021 delivery
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…
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Covid mutations do not appear to be helping the virus spread more rapidly, study says
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…
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AstraZeneca, Oxford defend vaccine trials after questions raised in US
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…
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Top Glove becomes the epicenter of Malaysia’s Covid resurgence
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…
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Resorts set up social distancing for tourists
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…
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Pentagon sees uptick in coronavirus cases in military
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…
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Challenges Pfizer faces distributing Covid 19 vaccine to the masses
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…
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Tech investor Tim Draper says digital health care will be ‘almost free’
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…
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Here are the best deals (and what not to buy)
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,…
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UK cuts its quarantine policy to five days and a negative covid-19 test
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…
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Asia is leading the way in travel recovery: Booking Holdings’ Agoda
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,…
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‘Close to 1,000’ Cleveland Clinic caregivers infected with Covid-19
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…
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Grocery workers face new challenges as Covid worsens, fatigue sets in
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….
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Rise in Covid spread puts hospital workers at risk: Allina Health CEO
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…
Read More Oxford-AstraZeneca Covid vaccine has some advantages over its peers
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…
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Euro zone economic activity November coronavirus
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…
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Black Friday is almost here. And shoppers are anxious.
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…
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Trump coronavirus vaccine chief has had ‘no contact’ with Biden transition team
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…
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Fender sales boom as guitar playing surges during the pandemic
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….
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Tom Steyer, Ann O’Leary reflect on California business recovery
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…
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CRISPR scientists claim identified genes that protect against Covid
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…
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Schools need to be ‘the last thing’ shut down
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…
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EU’s von der Leyen urges gradual lifting of coronavirus lockdowns
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…
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Best new hotels in Bangkok, Bali, Bhutan and Japan
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…
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What to watch amid uptick in coronavirus cases
Covid-19 crackdowns are cutting into U.S. equity returns. Recent upticks in U.S. coronavirus case counts weighed on the major averages Thursday, with the Dow, S&P 500 and Nasdaq Composite eking out modest gains in afternoon trading after sustaining losses earlier…
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Oxford trial chief says Covid vaccine could be ready at a similar time to others
Staff at CSL are seen working in the lab on Nov. 8 in Melbourne, Australia. CSL will begin manufacturing AstraZeneca-Oxford University Covid-19 vaccine from Monday. Darrian Traynor | Getty Images News | Getty Images LONDON — The coronavirus vaccine being…
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Can Americans travel to Europe? Preflight tests may make it possible
Two new Covid-19 testing programs may be the key to unlocking travel between the United States and Europe. Select passengers flying on American Airlines, British Airways and United Airlines flights are eligible to participate in testing programs that are evaluating…
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Oxford Covid vaccine prompts immune response among all adults: Study
Brazilian pediatric doctor Monica Levi, one of the volunteers who received the COVID-19 vaccine, works at the Specialized Clinic in Infectious and Parasitic Diseases and Immunizations (CEDIPI), in Sao Paulo, Brazil, on July 24, 2020. The doctor is one of…
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‘Thanksgiving could be a massive superspreader event,’ RI doctor says
Dr. Laura Forman, chief of emergency medicine at Rhode Island’s Kent Hospital, told CNBC that the coronavirus pandemic has pushed the state “to the brink.” “Our ICU beds are nearly full in the state, our emergency departments are full, our…
Read More Cuomo offers free online skills training for unemployed New Yorkers
New York state Gov. Andrew Cuomo speaks at a news conference on September 08, 2020 in New York City. Spencer Platt | Getty Images Governor Andrew M. Cuomo announced on Wednesday the launch of a new online training platform which…
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Lowe’s (LOW) reports Q3 2020 earnings miss
A shopper visits a Lowe’s hardware store in Philadelphia, Pennsylvania, November 4, 2020. Mark Makela | Reuters Lowe’s shares fell Wednesday after the home improvement retailer reported third-quarter earnings and a profit outlook slightly short of estimates, weighed down by…
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Dr. Scott Gottlieb urges Covid sacrifices and stimulus from Congress
Dr. Scott Gottlieb on Wednesday urged Americans to take steps to prevent coronavirus deaths, suggesting it could be the final time an aggressive pandemic response is needed in the U.S. The former FDA chief in the Trump administration also called on Washington…
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China to become the world’s biggest luxury market by 2025, Bain says
A view of a person wearing mask passing by a Macy’s in Herald Square amid the coronavirus (COVID-19) outbreak on March 24, 2020 in New York City. John Nacion | NurPhoto | Getty Images The stage is set for China…
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‘Masks & wash your hands isn’t enough,’ says Biden’s Covid board member
In a Tuesday evening interview on “The News with Shepard Smith,” President-elect Joe Biden’s coronavirus advisory board member Michael Osterholm emphasized that Americans would receive government support in the case of a shutdown. “If we’re going to ask anyone in…
Read More Walmart sees localized grocery stockpiling as Covid cases rise
Walmart CEO Doug McMillion said Tuesday that customers are loading up on items like toilet paper again as coronavirus cases rise — but he said the retail giant is better prepared to keep up. “It feels to me like we’ll…
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How much they cost, who’s bought them and how they’re stored
A health care worker holds an injection syringe of the phase 3 vaccine trial, developed against the novel coronavirus (COVID-19) pandemic by the U.S. Pfizer and German BioNTech company, at the Ankara University Ibni Sina Hospital in Ankara, Turkey on…
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Other precautions useful as vaccine distribution will take time
SINGAPORE – A coronavirus vaccine won’t be the silver bullet to end the pandemic, the co-chair of Singapore’s Covid-19 task force said this week despite “promising” news from pharmaceutical companies. “We’re certainly encouraged by it, it’s very promising, but I…
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Shoppers seek out more meaningful gifts amid pandemic
Care packages, such as the ones made by Gift Box Love Co., have been a popular gift item on Etsy during the pandemic. Gift Box Love Co. For about two years, Ashley Houck has put together care packages of items…
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Health expert says vaccine race akin to law of the jungle
Small bottles labeled with a “Vaccine COVID-19” sticker and a medical syringe are seen in this illustration taken taken April 10, 2020. Dado Ruvic | Reuters LONDON — High-income countries have adopted an approach akin to the “rule of the…
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Moderna Covid vaccine could help end pandemic
Dr. Scott Gottlieb told CNBC on Monday that the devastating coronavirus pandemic could “effectively” be ended next year, following promising developments around Moderna’s Covid-19 vaccine. The Massachusetts-based biotech company on Monday announced that its coronavirus vaccine was 94.5% effective in preventing Covid-19,…
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BioNTech CEO says life could return to normal next winter
Ugur Sahin, CEO of BioNTech. Andreas Arnold | picture alliance | Getty Images LONDON — Daily life may return to normal by next winter, according to one of the creators of the highly-anticipated prospective coronavirus vaccine by Pfizer and BioNTech….
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Boris Johnson is self-isolating after possible coronavirus exposure
British Prime Minister Boris Johnson NurPhoto | NurPhoto | Getty Images British Prime Minister Boris Johnson is self-isolating after coming into contact with a member of parliament who has tested positive for coronavirus, a government spokesman said in a statement….
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McDonald’s plans Covid safety checks to guard against pandemic fatigue
People wear protective face masks outside a McDonald’s location in New York City. Noam Galai | Getty Images McDonald’s will conduct coronavirus safety reviews of its restaurants in the next six weeks as health experts worry that Covid fatigue is…
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Americans would spend more on holidays with $1,200 stimulus
A shopper is aided by an employee at a Lowe’s hardware store in Philadelphia, Pennsylvania, U.S. November 4, 2020. Mark Makela | Reuters A fresh round of stimulus checks in Americans’ bank accounts before the end of the year could…
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Europe, North America have ‘really clear’ need for Covid vaccine: Expert
With cases of the coronavirus disease still surging in the West, countries in Europe and North America have a “really clear” need for a vaccine, a medical expert said on Friday. Several European countries — including France, Germany and the…
Read More ‘Covid cases in U.S. should peak in January’
Scott Gottlieb, former Commissioner of the FDA Adam Jeffery | CNBC The next two to three months will be difficult for Americans as the coronavirus sweeps the nation and the second surge of the virus picks up steam, says Dr….
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EBay touts sale of rare Air Jordan sneakers
EBay has dropped one of its largest collections of Air Jordans in the e-commerce company’s history, as it looks to broaden its reach in the $2 billion secondary sneaker market, which is seeing rapid growth during the coronavirus pandemic. In…
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Dr. Fauci says he doubts whether Covid can be eradicated
(Photo by Alex Edelman-Pool/Getty Images) Pool | Getty Images News | Getty Images LONDON — White House coronavirus advisor Dr. Anthony Fauci on Thursday said a vaccine to bring an end to the pandemic now appears to be on the…
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People with depression, anxiety want to reveal pain, to a robot
Hundreds of millions of people around the world were suffering from common mental health issues including anxiety and depression before Covid-19, and the scale of the health-care crisis has escalated as a result of the pandemic. But demand for mental…
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No shows, no health care — shutdown crushes actors
Isabelle McCalla, Caitlin Kinnunen, and the cast of “The Prom” perform during the 2019 Tony Awards at Radio City Music Hall on June 9, 2019 in New York City. Theo Wargo | Getty Images Just over a year ago, Caitlin…
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choppy 6 months ahead despite covid vaccine
A United States Postal Service (USPS) worker works in the rain in Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York, April 13, 2020. Andrew Kelly | Reuters LONDON — The next six months will remain turbulent…
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How to travel safely and host travelers over the holidays
Despite rising Covid-19 infections throughout the United States, Europe and beyond, people are preparing to travel in late 2020. According to a survey by travel booking app Hopper, 39% of Americans are expected to travel during the upcoming holiday season….
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Ex-IBM CEO Rometty says remote work is here to stay
Technology trends driven by the coronavirus pandemic — such as the shift to remote working — will continue after a vaccine becomes available, according to the former boss of IBM. Ginni Rometty, who serves as IBM’s executive chairman after stepping…
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100 year-old Dow stock Honeywell is big bet on future
Most companies kicked off the Dow Jones Industrial Average don’t make it back on. But Honeywell, which was on the Dow from 1925 to 2008, was added back in August. “I was literally looking at my phone, and I had…
Read More Coronavirus ‘about to explode’ before therapeutics
Former FDA chief Dr. Scott Gottlieb warned that the coronavirus pandemic is “about to explode” across the United States as the country confirmed more than 10 million coronavirus cases on Monday, a bleak milestone just 10 days after reaching the…
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Good news on the vaccine, but rough months ahead
The next few months will still be difficult as virus cases continue to set new daily records in the U.S., an infectious disease doctor said this week in spite of promising news from vaccine trials. That’s because a vaccine won’t…
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