Home / Tag Archives: United States

Tag Archives: United States

U.S. confirms first case in Colorado

U.S. confirms first case in Colorado

A person gestures towards a sign with a public health information message, amid the spread of the coronavirus disease (COVID-19), as new restrictions come into force, in London, Britain, December 20, 2020. Toby Melville | Reuters The first case of a new and potentially more infectious strain of Covid-19 has …

Read More »

Snap, Boeing, Alibaba, Lemonade & more

Snap, Boeing, Alibaba, Lemonade & more

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 …

Read More »

Will the U.S. trust it?

Require Covid-19 vaccine for work return? Here's what Americans say

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 …

Read More »

‘This is already in the U.S.,’ says Dr. Gottlieb

'This is already in the U.S.,’ says Dr. Gottlieb

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 …

Read More »

Covid relief bill includes about $8 billion for vaccine distribution

Covid relief bill includes about $8 billion for vaccine distribution

Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. December 20, 2020. Paul Sancya | Reuters The $900 billion coronavirus relief package agreed to by lawmakers allocates $8 billion to $9 billion to fund vaccine distribution, at least …

Read More »

How the US defense business makes billions off missile sales

How the US defense business makes billions off missile sales

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 …

Read More »

Pelosi and McConnell will receive Covid vaccine soon

Pelosi and McConnell will receive Covid vaccine soon

Senate Majority Leader Mitch McConnell (R) (R-KY) with House Minority Leader Rep. Nancy Pelosi (L) (D-CA). Getty Images Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi will receive Covid vaccinations in coming days, after the attending physician in Congress urged lawmakers to sign up. The physician, Dr. Brian …

Read More »

Can you travel to Europe without quarantining? A new program allows it

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 second program is scheduled to start on Saturday for Delta …

Read More »

Pent-up demand will boost airline stocks in 2021 and beyond: Trader

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 firm maintained its overweight ratings on Delta, Alaska Airlines and …

Read More »

Prisoners have been excluded from Covid vaccine plans

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 the conditions faced by inmates during the Covid-19 pandemic. The …

Read More »

Auto industry wants more government support for electric vehicles

Auto industry wants more government support for electric vehicles

The leading lobbying group for the U.S. auto industry is calling on policymakers to help support the adoption of electric vehicles through incentives, infrastructure investment and other regulatory means. Without suggesting a cost for such EV stimulus programs, the Alliance for Automotive Innovation said now is the time for “substantial, …

Read More »

‘Lockdown is where we’re headed’

'Lockdown is where we're headed'

The stay-at-home trade has returned to Wall Street despite the U.S. launching its Covid-19 vaccination campaign, revealing some insight into how investors gauge the economic bounce back in the near term, CNBC’s Jim Cramer said Monday. “The recovery stocks are handing the baton back to the lockdown winners because lockdown …

Read More »

Buy now, pay later plans are booming in the Covid economy

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 payments without interest or fees, even using a debit card, …

Read More »

This is the time to speculate

This is the time to speculate

With a Covid-19 vaccine use authorization from U.S. drug regulators imminent, CNBC’s Jim Cramer said Friday the time is ripe to take on some risk in the market. “If you want to speculate, this is the time to do it, just speculate wisely,” the “Mad Money” host said. “You’ve got …

Read More »

China may be using its vaccines to expand its soft power

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 Agency | Getty Images SINGAPORE – As the vaccine race …

Read More »

Airbnb sells shares at $68 in IPO, pricing above range

Airbnb sells shares at $68 in IPO, pricing above range

Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg | Getty Images Airbnb, the company that allows users to book …

Read More »

Next week may be difficult without stimulus deal

Start of a 'seasonally strong period' for stocks

The stock market’s next move hinges on the state of coronavirus stimulus talks in Washington, CNBC’s Jim Cramer said Friday. “If the Democrats and Republicans in Congress can make a stimulus deal over the weekend, this market can indeed keep running,” the “Mad Money” host said. “Without some progress in …

Read More »

Artist Badiucao targets Apple, Nike, Coca-Cola, Muji

Artist Badiucao targets Apple, Nike, Coca-Cola, Muji

A protester outside the White House urges the United States to take action to stop the oppression of the Uyghur and other Turkic peoples, on August 14, 2020 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images A Chinese dissident has targeted three American corporations after a …

Read More »

U.S. reports record 2,800 Covid deaths in a single day

U.S. reports record 2,800 Covid deaths in a single day

El Paso County Medical Examiner’s Office staff lock-up the mobile morgues before moving bodies that are in bags labeled “Covid” from refrigerated trailers into the morgue office amid the coronavirus disease (COVID-19) outbreak, in El Paso, Texas, U.S. November 23, 2020. Ivan Pierre Aguirre | Reuters The United States reported …

Read More »

‘Taking a hard line gets results’

'Taking a hard line gets results'

CNBC’s Jim Cramer on Wednesday made a plea for Joe Biden to stay tough on China once the Democrat moves into the White House in the new year. “I hope the incoming Biden administration can look at Trump’s trade war objectively, because in many ways, really, it worked,” the “Mad …

Read More »

UK approves Pfizer coronavirus vaccine: Who could be next?

UK approves Pfizer coronavirus vaccine: Who could be next?

A health worker wearing a protective mask works in a lab during clinical trials for a Covid-19 vaccine at Research Centers of America in Hollywood, Florida, U.S. Eva Marie Uzcategui | Bloomberg | Getty Images LONDON — The U.K.’s decision to grant emergency approval to Pfizer and BioNTech’s coronavirus vaccine …

Read More »

Pfizer, BioNTech apply for coronavirus vaccine approval in Europe

Pfizer, BioNTech apply for coronavirus vaccine approval in Europe

A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, U.S., September 24, 2020. Marco Bello | Reuters U.S. pharmaceutical giant Pfizer and its German partner BioNTech said they have applied to the European …

Read More »

Goldman predicts how quickly Covid-19 vaccines will be rolled out

Trump administration officials speak on Covid vaccine distribution

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

Read More »

Russia to charge less for Covid vaccine and to produce 1 billion doses

Russia to charge less for Covid vaccine and to produce 1 billion doses

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

Read More »

Pfizer will apply for FDA emergency use authorization

Pfizer will apply for FDA emergency use authorization

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

Read More »

What to watch amid uptick in coronavirus cases

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 in the session. Market analysts were looking longer term at …

Read More »

GM to accelerate EV plans, plans to spend up to $27 billion

GM to accelerate EV plans, plans to spend up to $27 billion

2022 GMC Hummer EV sport utility truck GM General Motors is increasing and accelerating its rollout of all-electric vehicles as the automaker attempts to compete against industry leader Tesla as well as an influx of new competitors in the emerging market. The Detroit automaker said Thursday it will spend $27 …

Read More »

How much they cost, who’s bought them and how they’re stored

Coronavirus vaccine doesn't mean a quick economic recovery: UBS' Weber

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 October 27, 2020. Dogukan Keskinkilic | Anadolu Agency | Getty …

Read More »

Health expert says vaccine race akin to law of the jungle

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 jungle” when it comes to securing supplies of prospective coronavirus …

Read More »

Why Americans are wasting money on premium gasoline

Why Americans are wasting money on premium gasoline

The word “premium” suggests high quality, the best of the best. But what is commonly called “premium gasoline” is a waste of money for countless drivers. Thanks in part to the coronavirus, gas prices have been relatively low compared with the soaring ones seen roughly a decade ago. At the same …

Read More »

5 things to know before the stock market opens November 12, 2020

5 things to know before the stock market opens November 12, 2020

1. Stocks set to drop as the Covid-19 vaccine-inspired rally pauses Dow futures pointed to an over 250 point decline at Thursday’s open as Wall Street worried about record spikes in new U.S. daily coronavirus cases. On Wednesday, the Dow Jones Industrial Average closed slightly lower after soaring nearly 1,100 …

Read More »

Moscow will work with winner of U.S. elections

Moscow will work with winner of U.S. elections

A woman and her dog leave Red Square in downtown Moscow on September 24, 2020. YURI KADOBNOV | AFP | Getty Images U.S.-Russia relations are at a low point, according to the head of Russia’s sovereign wealth fund, who told CNBC that Moscow was willing to work with the next …

Read More »

Supreme Court appears willing to keep Affordable Care Act

Supreme Court appears willing to keep Affordable Care Act

The Affordable Care Act seems likely to withstand its third challenge at the Supreme Court. During arguments in a case seeking to eliminate Obamacare, two of the court’s conservatives on Tuesday signaled they would not strike down the landmark legislation. Chief Justice John Roberts, who cast the key vote in …

Read More »

How Joe Biden plans to fight the coronavirus pandemic

How Joe Biden plans to fight the coronavirus pandemic

The U.S. can expect increased Covid-19 testing, a national mask policy and the possibility of nationwide lockdowns once President-elect Joe Biden takes office Jan. 20. The Biden-Harris campaign laid out a step-by-step plan for addressing the coronavirus pandemic that includes more testing, increasing use of the Defense Production Act to …

Read More »

Obamacare to face another Supreme Court test

Obamacare to face another Supreme Court test

A protestor holds a sign outside the U.S. Supreme Court building, as the court justices engage in arguments over the fate of Obamacare laws, in Washington, U.S. November 10, 2020. Hannah McKay | Reuters The landmark health-care legislation known as Obamacare will face its third test at the Supreme Court …

Read More »

Good news on the vaccine, but rough months ahead

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 be available in time to stop the flood of cases …

Read More »