Secretary of Health and Human Services Xavier Becerra answers questions during a Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus dis...
Tag: Breaking News: Business
Omicron BQ variants resistant to antibody treatments are becoming dominant in U.S.
Omicron subvariants resistant to key antibody treatments will soon make up a majority of new Covid infections in the U.S., according to the Centers for Disease Control and Prevention. Omicron subvaria...
SpaceX shakes up Starbase leadership in Starship push
An aerial view of a Starship prototype stacked on a Super Heavy booster at the company’s Starbase facility outside of Brownsville, Texas. SpaceX While Elon Musk earns daily headlines over change...
‘Black Panther: Wakanda Forever’ reviews: What critics are saying
Danai Gurira and Letitia Wright star as Okoye and Shuri in Marvel Studio’s “Black Panther: Wakanda Forever.” Disney It’s impossible to replace the irreplaceable, but that was R...
United Airlines gives pilots 5% raises early
A United Airlines Boeing 777-200 lands at San Francisco International Airport, San Francisco, California. Louis Nastro | Reuters United Airlines on Thursday said it was giving pilots 5% raises that we...
Healthy infants face considerable risk of RSV hospitalization: study
Even healthy infants face a considerable risk of hospitalization from respiratory syncytial virus, according to a large European study published Thursday. Dutch and British scientists, in a study publ...
Carl Icahn says he still thinks we are in a bear market despite Thursday’s rally
Famed investor Carl Icahn said Thursday’s relief rally didn’t change his negative view on the market, and he believes a recession is still on the horizon. “We keep our portfolio hedg...
Keurig Dr Pepper CEO resigns after violating code of conduct
The Keurig Dr Pepper logo is displayed on a smartphone screen. Rafael Henrique | Lightrocket | Getty Images Keurig Dr Pepper announced Thursday that CEO Ozan Dokmecioglu agreed to resign after violati...
Carvana shares surge from record lows
People try their luck at winning a car from the Carvana vending machine at SXSW festival in Austin, Texas on March 12, 2016. Michelle Castillo | CNBC Shares of Carvana jumped by as much as 32% Thursda...
Thanksgiving flight bookings down from 2019, but higher fares lift revenue
Chicago O’Hare International Airport. Nov. 9, 2022 Leslie Josephs | CNBC Consumers have booked fewer flights for Thanksgiving week than they did three years ago, before the Covid pandemic, accor...
KFC apologizes after Kristallnacht promotion in Germany
A menu of a drive-in counter of a branch of the fast food chain Kentucky Fried Chicken (KFC). After severe setbacks in the Corona pandemic, Germany’s fast food industry wants to expand its drive...
Nio Q3 2022 earnings revenue loss guidance
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio on Thursday report...
Cathie Wood’s Innovation ETF surges 13%, on track for its best day ever
Catherine Wood, chief executive officer of ARK Investment Management LLC, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. La...
Wakanda Forever’ aims to break box office records
Angela Bassett stars as Queen Ramonda in Marvel’s “Black Panther: Wakanda Forever.” Disney Long live the king. Disney’s latest entrant in the Marvel Cinematic Universe, “...
Beyond Meat (BYND) Q3 2022 earnings
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday...
Record revenue, added contract wins
An Electron rocket launches from the company’s New Zealand facility on Nov. 4, 2022. Rocket Lab Rocket Lab delivered quarterly results on Wednesday that boasted record revenue, with the space co...
Mindfulness meditation reduces anxiety as much as common antidepressant drug: study
Mindfulness meditation is as effective at reducing anxiety as a commonly prescribed antidepressant, according to a study published in a major journal on Wednesday. The study, led by researchers at Geo...
Walmart’s request for new trial denied in firing of employee with Down syndrome
Marlo Spaeth (left) was fired from Walmart in July 2015, after working there for nearly 16 years. Her sister, Amy Jo Stevenson, has been in a legal battle with the retail giant since then. She filed a...
Kentucky rejects anti-abortion constitutional amendment
Counter-protestors hold signs in front of a rally encouraging voters to vote yes on Amendment 2, which would add a permanent abortion ban to Kentuckys state constitution, on the steps of the Kentucky ...
Tropical Storm Nicole: Travel impact in Florida
This GOES-East GoeColor satellite image taken at 2:36 p.m. EST and provided by NOAA shows Tropical Storm Nicole approaching toward the northwestern Bahamas and Florida’s Atlantic coastline on Tu...
Volvo reveals new $80,000 electric SUV with Luminar lidar
Volvo’s plans to exclusively sell all-electric vehicles by 2030 kicked off Wednesday with the reveal of its EX90 – the first in a new lineup of EVs for the Swedish automaker. The carmaker is cal...
Novavax (NVAX) Q3 earnings
In this photo illustration a silhouette of a man holding a medical syringe and a vial seen displayed in front of the Novavax logo on a screen. Cezary Kowalski | Lightrocket | Getty Images Novavax post...
Disney’s weak revenue and profit eclipse streaming subscriber growth
The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images The biggest companies in media and...
Sweetgreen (SG) Q3 2022 earnings miss estimates, stock tumbles
A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen fell 10% in afte...
Space company announces layoffs amid rocket delay
Astra CEO Chris Kemp speaks inside the company’s headquarters during the company’s “Spacetech Day” on May 12, 2022. Brady Kenniston / Astra Astra announced Tuesday it would lay...
AMC Entertainment (AMC) earnings Q3 2022
The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment on Tuesday reported third-quarter revenue that was up ne...
Levi Strauss CEO says company’s search for new leader got help from unlikely source
Levi Strauss & Co. CEO Chip Bergh speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC As Levi Strauss & Co. searched for its next leader, it got help from a s...
Disney (DIS) earnings Q4 2022
View of the Walt Disney statue in front of Cinderella Castle inside the Magic Kingdom Park at Walt Disney World Resort in Lake Buena Vista, Florida. Getty Images All eyes will be on Disney‘s str...
Boeing’s aircraft deliveries slipped in October on 737 fuselage flaw
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Boeing‘s aircraft deliveries in October fe...
Kohl’s CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting
Kohl’s Chief Executive Officer Michelle Gass Source: Kohl’s Kohl’s said Tuesday that CEO Michelle Gass is leaving the company for a new opportunity as its sales continue to fall. In ...
Carvana stock tanks in continued sell-off
A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Carvana plummeted for a second-consecutive trading day as investors unloaded sha...
$25 million raise, revised outlook
Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Virgin Orbit raised $25 million, the com...