Business

Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Some retailers are betting that lip glosses, eye shadow palettes and facial scrubs will be the next big thing to drive customers, especially younger

The 2020 election. Unrest in the streets. A crippling pandemic. This trifecta of events made people worry about the future of America. And when people are worried in America, they buy guns. Gun sales in 2020 have surged, and the market for gun parts and ammunition has gone up with it. Federal background checks have

Medical workers wearing personal protective equipment (PPE) administer Covid-19 tests at a drive-thru testing site at the Alemany Farmers Market in San Francisco, California, U.S., on Thursday, Nov. 19, 2020. David Paul Morris | Bloomberg | Getty Images The United States reported 187,833 new Covid-19 cases on Thursday, yet another record-breaking daily total as U.S.

When the coronavirus pandemic hit, many Americans not only switched to working remotely and cooking more meals. They began checking off tasks on the “to do list,” from painting walls to replacing old appliances. Home Depot and Lowe’s reported that appetite for home improvement continued in the third quarter, as consumers invested in one of

WILMINGTON, DE – NOVEMBER 19: President-elect Joe Biden answers a reporter question after he delivered remarks at the Queen in Wilmington, Delaware on Thursday, Nov. 19, 2020. (Photo by Salwan Georges/The Washington Post via Getty Images) The Washington Post | The Washington Post | Getty Images President-elect Joe Biden will reenter the U.S. into the

The Department of Health and Human Services has launched a pilot program with five states to introduce the rapid, point-of-care Covid-19 test, using the same diagnostics the National Basketball Association employed to finish its season, the agency announced Thursday. The pilot program — adopted by Florida, Louisiana, New Jersey, Texas and Alaska — is expected

General Motors has no plans at this time to spin off its electric vehicle business despite pressure from Wall Street to do so, GM President Mark Reuss told CNBC. Reuss said the Detroit automaker analyzed the potential of a spinoff and determined it would not be the right thing for its business, citing costs as

A worker stands inside Starbucks in midtown during the coronavirus pandemic on May 20, 2020 in New York City. Noam Galai | Getty Images Starbucks is raising hourly wages for its baristas as the restaurant industry braces for a higher minimum wage when President-elect Joe Biden takes office. Starting Dec. 14, baristas, shift supervisors and

Ten years ago, General Motors made its second debut on the New York Stock Exchange in what was then the largest initial public offering in U.S. history — ushering in a new era of renewed optimism for the company and U.S. economy after emerging from bankruptcy in the Great Recession. Then-CEO Dan Akerson rang the

Pfizer and BioNTech said Wednesday that a final data analysis found their coronavirus vaccine was 95% effective in preventing Covid-19 and, in addition, appeared to fend off severe disease. The vaccine, called BNT162b2, was highly effective against the virus 28 days after the first dose, and its effectiveness was consistent across all ages, races and

Exterior view of Villa Firenze in Beverly Hills, California Concierge Auctions A $160 million mansion in Beverly Hills, California, is headed to the auction block, making it the most expensive listing ever to auction. The nine-acre estate, called Villa Firenze, will be sold to the highest bidder, with no reserve, by Concierge Auction next month.

A customer wears a protective mask while unloading purchases off a cart outside a Home Depot Inc. store in Reston, Virginia, on Thursday, May 21, 2020. Andew Harrer | Bloomberg | Getty Images Home Depot is set to report third-quarter earnings on Tuesday before the market opens as the retailer rides a wave of increased

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 like candles, bath salts and caramels with a personalized note. She ships the gift boxes

Two of President-elect Joe Biden’s coronavirus advisors pushed back Friday on the idea of a national lockdown to suppress the coronavirus pandemic. “As a group, really the consensus is that we need a more nuanced approach,” said Dr. Celine Gounder, who sits on the panel and is an infectious disease specialist at the NYU Grossman

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 contributing to the record high number of new cases in the U.S. The 7-day average

The Chevrolet Bolt EV is displayed during the Los Angeles Auto Show at the Los Angeles Convention Center on November 20, 2016 in Los Angeles, California. Josh Lefkowitz | Getty Images General Motors is recalling tens of thousands of all-electric Chevrolet Bolt EVs due to risk of fire. The Detroit automaker said Friday it is

A masked passenger is seen seated on a flight from San Francisco, California to Newark, New Jersey on October 27, 2020. Michael Loccisano | Getty Images The governors of California, Oregon and Washington issued a joint coronavirus travel advisory on Friday urging people arriving to their states to self-quarantine for 14 days and asking residents

President Donald Trump said Friday that the U.S. government would not deliver a coronavirus vaccine to New York if and when one is available. New York Gov. Andrew Cuomo “will have to let us know when he’s ready for it because otherwise, we can’t be delivering it to a state that won’t be giving it

Oregon Gov. Kate Brown speaks Tuesday, Nov. 10, 2020, in Portland, Ore. Cathy Cheney | Portland Business Journal | AP Oregon Gov. Kate Brown on Friday announced a “two-week freeze” on most activities and non-essential business across the state to curb what she described as an “alarming spike” in coronavirus cases and hospitalizations. The new

JetBlue planes at a gate at John F. Kennedy International Airport in New York. Mark Kauzlarich | Bloomberg | Getty Images Get ready to fight over the armrest again. JetBlue Airways on Thursday said it will sell all seats on its flights starting Jan. 8. It is the latest carrier to cite advanced filtration systems

Grocery shoppers are trading canned goods and bags of dried beans for specialty chocolate and gourmet pasta sauce as coronavirus cases rise across the country, new research shows. In the early months of the pandemic, in the spring, Americans filled up their grocery carts with bulk purchases of food and household staples, and grocers raced

Former Aetna CEO Mark Bertolini told CNBC on Wednesday that the flaws in the Affordable Care Act can be fixed without totally getting rid of the law. “To tear … this very important program out now, in the midst of this pandemic and huge unemployment, would be huge mistake,” Bertolini said on “Squawk on the Street.”

Dr. Michael Osterholm, Regents Professor, McKnight Presidential Endowed Chair in Public Health, and director of the Center for Infectious Disease Research and Policy at the University of Minnesota, announced advances for COVID-19 testing in Minnesota, Wednesday, April 22, 2020 in St. Paul, MN. Glen Stubbe | Star Tribune | Getty Images Shutting down businesses and

High-flying automotive executive turned international fugitive Carlos Ghosn believes the coronavirus pandemic will accelerate consolidation of the global automotive industry, including his former employer Nissan Motor. In a rare interview following his daring escape to Lebanon from Japan on Dec. 29, the former Nissan chairman said the industry will continue to struggle even after a

Chloe Fineman and Alec Baldwin as Donald Trump during the “Trump Rally” Cold Open on Saturday, October 26, 2019. NBC | NBCUniversal | Getty Images In the late ’90s if late night comedians wanted to get a quick laugh, all they needed to do was make a quip about President Bill Clinton. Clinton’s womanizing persona

Ethan Brown, founder, president and CEO of Beyond Meat. Adam Jeffery | CNBC Shares of Beyond Meat cratered as much as 28% Monday in after-hours trading following the release of disappointing third-quarter results, capping off a frenzied day of trading for the volatile stock. McDonald’s announcement of a plant-based line called “McPlant” sparked confusion among

Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale on November 15, 2019 in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Monday said it swung to a loss in the third quarter after the coronavirus pandemic weakened restaurant demand for

An upsurge in Covid-19 cases is hampering travel to most of the world’s most popular tourist destinations — but less famous, more remote retreats are enjoying a resurgence. From hiking hidden hillsides to riding remote routes, there are plenty of ways to escape the crowds and have a socially distanced holiday either at home or

General Motors unveiled the 2022 GMC Hummer EV sport utility truck, or SUT, online and during national television broadcasts on Oct. 20, 2020. GM General Motors developed the 2022 GMC Hummer EV in rapid time with help of virtual reality, an increasing trend for the automotive industry before and during the coronavirus pandemic. GM CEO

Democratic U.S. presidential nominee Joe Biden smiles as he takes off his mask to speak about the voting results of the 2020 U.S. presidential election during an appearance in Wilmington, Delaware, U.S., November 4, 2020. Kevin Lemarque | Reuters President-elect Joe Biden is expected on Monday to announce the members of his coronavirus task force,