Business

In this article VOW3-DE Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Car manufacturers including Ford, Volkswagen and Daimler are still struggling to deal with the impact of the global chip shortage, with executives from each of the companies

In this article BNTX MRNA PFE Top infectious disease expert Dr. Anthony Fauci responds to accusations by Sen. Rand Paul (R-KY) as he testifies before the Senate Health, Education, Labor, and Pensions Committee on Capitol hill in Washington, D.C., U.S., July 20, 2021. J. Scott Applewhite | Reuters The U.S. will likely start to widely

Japan’s Naomi Osaka competes against Czech Republic’s Marketa Vondrousova during their Tokyo 2020 women’s singles third round tennis match at the Ariake Tennis Park in Tokyo on July 27, 2021. Tiziania Fabi | AFP | Getty Images Naomi Osaka’s US Open defense ended in tears as she suffered a stunning defeat to Leylah Fernandez, before

Willard Scott Lawrence Lucier | FilmMagic | Getty Images Willard Scott — the legendary TODAY weatherman known for his exuberant personality and launching the tradition of celebrating fans who reached the century mark — died this week, TODAY’s Al Roker has confirmed. He was 87 years old. Scott, who joined TODAY in 1980, may have

Fabiola Gianotti, the director-general of scientific research center CERN, told CNBC that she fears that science could largely be forgotten following the coronavirus pandemic. “Of course there is a danger, the danger that once the crisis [is] over science is put back into its little box or in a drawer to be taken out again

Gary Szatkowski, who was a top federal forecaster in New Jersey during Hurricane Sandy, called out New York politicians for suggesting that forecasters were unable to predict the times and intensity of Ida‘s threats. “The politicians are wrong,” Szatkowski said during a Friday evening interview on CNBC’s “The News with Shepard Smith.”  ”There was a lot

In this article OC Terrell Owens, at Enercare Center in Toronto, Canada. David Fitzgerald | Sportsfile | Getty Images Terrell Owens is joining OnlyFans. The former National Football League star wide receiver will launch a channel on site to host fitness sessions, recap his career and preview his off-the-field business endeavors. Specific terms of Owens’

Alaska Airlines Airbus A320-214 arrives at Los Angeles international Airport on September 15, 2020 in Los Angeles, California. AaronP/Bauer-Griffin | GC Images | Getty Images Alaska Airlines will require unvaccinated employees to be tested regularly for Covid-19 but the Seattle-based carrier stopped short of mandating vaccines, a policy it said it was considering last month.

Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.  John Gress | Reuters DETROIT – General Motors is once again significantly cutting production at its North American plants due to the semiconductor chip shortage, signaling the global parts problem remains a

Cal Fire spokesman Henry Herrera detailed the multitude of conditions that are fanning the flames of the monster Caldor Fire as it continues to burn across the Sierra Nevada mountain range and threaten the resort city of South Lake Tahoe, California. “Everything has lined up, perfect recipe for a major fire like this,” Herrera said

In this article LOW HD The American home is undergoing a makeover during the Covid-19 pandemic, and home improvement giant Lowe’s is reaping the benefits from it. Since the start of the pandemic, Lowe’s has five straight quarters of double-digit revenue growth on a quarter-over-quarter basis. The company’s bottom line has also gotten a boost.

People wearing masks wait to cross a road in the Shibuya district on Feb. 2, 2020 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images SINGAPORE — The world may not be prepared for an impending wave of dementia and the additional cases that Covid-19 could bring, according to a group representing

Allbirds shoes consist of wool, and the laces consist of recycled plastic bottles. The sustainable shoe maker Allbirds said Tuesday that it has lost money since its inception and expects it will continue to be unprofitable for the foreseeable future, as it prepares to debut on Wall Street through an initial public offering. Allbirds said

In this article T DIS CMCSA VIAC Yahya Abdul-Mateen II stars as Anthony McCoy in “Candyman.” Universal Pictures Movie after movie, Hollywood’s recent blockbusters have struggled to bounce back to 2019-level ticket sales. But “Candyman” once again proved what a profit driver the horror genre is. Over the weekend, the Universal Pictures film’s debut tallied

In this article ASTR Rocket LV0006 tilts during liftoff. Astra / NASASpaceflight Rocket builder Astra‘s stock fell sharply Monday after the company’s launch attempt over the weekend failed following a problem at liftoff. The company’s LV0006 rocket tilted and slide sideways a moment after getting off the ground in Alaska, which Astra CEO Chris Kemp

Traffic moves bumper to bumper along I-10 West as residents evacuate towards Texas before the arrival of Hurricane Ida in Vinton, Louisiana. Adrees Latif | REUTERS Hurricane Ida made landfall in Louisiana on Sunday as a Category 4 storm with winds of 150 miles per hour, one of the strongest storms to hit the region since

Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press | Corbis News | Getty Images A jury found Walmart broke the law when it fired a longtime employee with Down syndrome.

Oil firms on Saturday cut nearly 91% of U.S. Gulf of Mexico crude oil production, roughly 1.65 million barrels, as Hurricane Ida makes its way toward major U.S. offshore oilfields, according to the Bureau of Safety and Environmental Enforcement. The regulator also estimated that roughly 84.87% of natural gas production in the Gulf of Mexico has

In this article SPCE Billionaire businessman Jeff Bezos is launched with three crew members aboard a New Shepard rocket on the world’s first unpiloted suborbital flight from Blue Origin’s Launch Site 1 near Van Horn, Texas, July 20, 2021. Joe Skipper | Reuters The space industry is taking off after decades of stagnation. Driven largely

In this article ASTR [The livestream is slated to begin at 4 p.m. EDT. Please refresh the page if you do not see the video player above.] Rocket builder Astra Space is going for its first launch since the company went public, with the company also aiming to reach orbit for the first time. Astra is launching

In this article 22UA-DE PFE MRNA The decision to pivot an entire business to focus on the coronavirus is an obvious one in hindsight, at least for Moderna, BioNTech and Pfizer, which succeeded beyond anyone’s expectations — and will reap billions of dollars in sales of their vaccines this year alone. It wasn’t such a

In this article TSLA Tesla Motors CEO Elon Musk reveals a Tesla Energy battery for businesses and utility companies during an event in Hawthorne, Calif., April 30, 2015. Patrick T. Fallon | Reuters Tesla wants to sell electricity directly to customers in Texas, according to an application filed by the company this month with the

Paul Steel | The Image Bank | Getty Images Cancun and Daytona may draw spring breakers and Waikiki, honeymooners, but which beaches worldwide are millionaire magnets? Hong Kong-based consulting firm Nomad Capitalist released its latest annual index of the top sandy spots that appeal to high-net-worth investors looking to not necessarily vacation but actually put

In this article ULTA Florida, Port St Lucie, The Landing at Tradition, outdoor mall, Ulta, beauty cosmetics store. Jeff Greenberg | Universal Images Group | Getty Images Ulta Beauty shares rose nearly 5% in extended trading on Wednesday after the company reported fiscal second-quarter sales jumped more than 60% as shoppers rushed in to restock

Here are the most important news, trends and analysis that investors need to start their trading day: S&P 500 looks to add to record; J&J touts booster; meme stocks pop House Democrats clear path toward passing budget bill, infrastructure Biden set to host American CEOs for cybersecurity summit Intelligence review on coronavirus origin expected to

Dr. Peter Hotez warned that rapid spread of the delta coronavirus variant has forced the threshold for the amount of Americans requiring vaccination in order to achieve herd immunity much higher.  “We’re now realizing with the variant that’s this transmissible, that we have to get to 85%, maybe, as Tony Fauci said, 90% of the

In this article BOSCHLTD-IN Bloomberg German technology and engineering group Bosch, which is the world’s largest car-parts supplier, believes semiconductor supply chains in the automotive industry are no longer fit for purpose as the global chip shortage rages on. Harald Kroeger, a member of the Bosch management board, told CNBC’s Annette Weisbach in an exclusive

In this article DIS Guests wear masks. as required. to attend the official re-opening day of the Magic Kingdom at Walt Disney World in Lake Buena Vista, Florida, on Saturday, July 11, 2020. Joe Burbank | Orlando Sentinel | Getty Images Disney has reached a deal with its unions to require all of its unionized

In this article NGCA BA The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit, the satellite-launching spinoff off of Sir Richard Branson’s Virgin Galactic, is preparing to go public, announcing Monday that it will merge with a SPAC

In this article DIS Jodie Comer and Ryan Reynolds star in 20th Century Studio’s “Free Guy.” Disney A charismatic Ryan Reynolds and good word-of-mouth helped Walt Disney’s “Free Guy” stay at the top of the box office. The film added another $18.8 million domestically over the weekend, a 34% drop from its opening tally. Known