People look at BMW’s iX Flow prototype at the BMW booth during the CES tech show, Wednesday, Jan. 5, 2022, in Las Vegas. The iX Flow is a system that replaces regular car paint with with E Ink t...
Tag: Breaking News: Business
GameStop shares surge 16% after news it plans to launch an NFT marketplace
A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images GameStop shares are set for d...
Moderna CEO says fourth Covid shot may be needed, citing efficacy issue
A nurse prepares a syringe with a dose of the Moderna coronavirus disease (COVID-19) vaccine at Enfermera Isabel Zendal hospital in Madrid, Spain, July 23, 2021. Juan Medina | Reuters Moderna CEO Step...
Hedge funds are selling tech shares at their fastest pace in a decade as rates spike
Surging bond yields have triggered hedge funds to sell growth-focused technology shares at a speed not seen in the past decade. The hedge fund community dumped tech stocks in the four sessions between...
Stock futures inch higher ahead of key jobs report
U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday’s key jobs report. Futures contracts tied to the Dow Jones Industrial Average gained 65 points....
Starlink internet service has more than 145,000 users so far
A Starlink user terminal, also known as an antenna or satellite dish, on the roof of a building. SpaceX Elon Musk’s SpaceX on Thursday gave an update on its Starlink internet service, as the com...
Coca-Cola and Constellation Brands team up to create alcoholic Fresca cocktails
Bottles of Coca-Cola Co. Fresca brand soda move along a conveyor belt at the Swire Coca-Cola bottling plant in West Valley City, Utah, U.S., on Friday, April 19, 2019. George Frey | Bloomberg | Getty ...
It’s ‘a killer of people and jobs’
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus speaks during a press conference on December 20, 2021 at the WHO headquarters in Geneva. Fabrice Coffrini | AFP | Getty Imag...
Virgin Galactic stock falls below SPAC debut price two years later
Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or C...
Taco Bell launches taco-a-day subscription program nationwide to drive visits
A Taco Bell restaurant stands along a Queens street on July 21, 2021 in New York City. Spencer Platt | Getty Images Taco Bell is launching a taco-a-day subscription program nationwide Thursday to driv...
Bentley reports a second consecutive year of record sales in 2021
A Bentley PHEV Mulliner car is displayed during the 19th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2021, at National Exhibition and Convention Center (Shanghai...
Bed Bath & Beyond (BBBY) reports Q3 2021 earnings miss
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond shares tumbled nearly 10% in pr...
Walgreens Boots Alliance (WBA) Q1 2022 earnings
A person enters a Walgreens store in San Francisco, California, U.S., on Tuesday, April 13, 2021. David Paul Morris | Bloomberg | Getty Images Walgreens Boots Alliance on Thursday exceeded analysts...
Grammy Awards postponed indefinitely amid omicron-fueled Covid surge
Kurt Krieger – Corbis | Corbis Entertainment | Getty Images The 64th annual Grammy Awards show has been postponed indefinitely amid a resurgence of Covid cases, fueled by the omicron variant. &#...
CDC panel recommends Pfizer boosters for 12- to 15-year-olds amid omicron surge
A nurse gives Sherri Trimble, 15, a shot of the vaccine at a vaccination clinic at Health First Medical Centre in Melbourne, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images The Cente...
Hasbro taps Chris Cocks as new CEO
Hasbro Toy company logo seen displayed on smart phone. (Photo by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Igor Golovniov | SOPA Images | Getty Images Three months after the sudden pass...
Walmart cuts paid leave in half, as CDC guidance changes
An employee scans grocery items for pickup order at a Walmart Inc. store in Burbank, California, U.S., on Tuesday, Nov. 26, 2019. Patrick T. Fallon | Bloomberg | Getty Images Walmart is cutting pandem...
Omicron variant likely to fuel inflation, as Americans keep shopping, economist says
damircudic | E+ | Getty Images The spread of the highly infectious omicron variant is likely to fuel more inflation, as Americans keep shopping instead of spending more outside of the home, according ...
Fauci says multiple preliminary studies find omicron is less severe than delta
NIH National Institute of Allergy and Infectious Diseases Director Anthony Fauci addresses the daily press briefing at the White House in Washington, January 21, 2021. Jonathan Ernst | Reuters White H...
GM unveils new Chevrolet Silverado EV topping $100,000
2024 Chevrolet Silverado EV RST GM General Motors plans to build a work truck version of its new electric Chevrolet Silverado for commercial customers and a fully loaded luxury model that will retail ...
Ford’s 2021 sales down 6.8% but finishes year with strong fourth quarter
Ford vehicles are seen on the sales lot at the Helfman Ford dealership on October 28, 2021 in Houston, Texas. Brandon Bell | Getty Images DETROIT – Ford Motor’s sales last year declined 6.8% com...
Chrysler kicks off plans to go all-electric by 2028 with Airflow concept
Chrysler Airflow concept Chrysler Once-prominent Chrysler plans to reinvent itself as an all-electric auto brand by 2028, the company announced Wednesday. Those plans begin with a new crossover concep...
CDC adds testing guidance to shortened Covid isolation recommendation after facing criticism
People wait in line for COVID-19 testing at Kedren Community Health Center on Wednesday, Dec. 29, 2021 in Los Angeles, CA. Gary Coronado | Los Angeles Times | Getty Images The U.S. Centers for Disease...
KFC to launch plant-based fried chicken made with Beyond Meat nationwide
KFC’s new Beyond Fried Chicken KFC KFC restaurants nationwide will add Beyond Meat’s plant-based chicken to its menus, starting Monday for a limited time. The national launch comes after y...
Omicron makes up 95% of sequenced Covid cases in U.S. as infections hit pandemic record
At the Covid testing site on Broadway in Santa Monica, the wait was at least 45 minutes long even with an appointment on Monday, Jan. 3, 2021. Carolyn Cole | Los Angeles Times | Getty Images The omicr...
Toyota dethrones GM to become America’s top-selling automaker in 2021
Toyota vehicles are offered for sale at a dealership on November 04, 2021 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Toyota Motor has dethroned General Motors as America’s top-se...
Airlines cancel another 1,300 flights as omicron, severe weather continue to snarl travel
Travelers wait in line to check-in for flights at Newark Liberty International Airport (EWR) in Newark, New Jersey, U.S., on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images Airl...
Warren Buffett makes over $120 billion on Apple’s rise to $3 trillion, among his best bets ever
Billionaire investor Warren Buffett, chairman of Berkshire Hathaway, speaks on a mobile phone during an interview in New York, U.S., on Wednesday, June 25, 2008. Bloomberg | Getty Images Warren Buffet...
Biden doubles U.S. order of Pfizer Covid treatment pills, speeds delivery as omicron rages
A Pfizer employee checks the boxes containing Paxlovid, COVID-19 treatment pills, at a distribution facility in Memphis, Tennessee, in this undated handout picture. Pfizer | Reuters President Joe Bide...