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Merck CEO optimistic, sees 6 more months of masks

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 optimistic about the vaccines that are coming out. The Pfizer …

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Microsoft sees gain on C3.ai investment concurrent with IPO

Microsoft sees gain on C3.ai investment concurrent with IPO

Satya Nadella, chief executive officer of Microsoft Corp., speaks during the Viva Technology conference in Paris, France, on Thursday, May 24, 2018. Viva Tech, a three-year-old event for startups, gathers global technology leaders and entrepreneurs as the French establishment unites behind a push for more tech investment in Paris. Marlene …

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Cramer sees strong 2021 after Airbnb IPO

Cramer sees strong 2021 after Airbnb IPO

Airbnb has a chance to post substantial growth next year and the stock is worth buying when the company makes its long-awaited debut to the market Thursday, CNBC’s Jim Cramer said Tuesday. Investors can afford to be patient, however, as the vacation home rental company continues to face pandemic headwinds, …

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Pentagon sees uptick in coronavirus cases in military

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 a U.S. Navy destroyer, a new record of 1,300 coronavirus …

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Ultra-cold freezer maker sees surge in demand

Ultra-cold freezer maker sees surge in demand

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

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