Dr. Scott Gottlieb told CNBC on Monday that fully vaccinated Americans should feel well-protected against the coronavirus throughout the summer. However, Gottlieb, who serves on the board of vaccine maker Pfizer, said an additional dose might to boost immunity could still be needed later this year. “I think you could feel safe through the summer,” the former
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The Amazon Pharmacy home screen on a smartphone arranged in the Brooklyn Borough of New York, U.S., on Tuesday, Nov. 17, 2020. Gabby Jones | Bloomberg | Getty Images Ask a sports star before a game whether their team is going to win and they’re likely to say yes with confidence. And then cue the
When the market was crashing in March 2020, financial advisor Ivory Johnson, founder of Delancey Wealth Management, decided it was time to introduce cryptocurrencies to his clients. “I did it because I saw how active the Federal Reserve was and how much they were diluting the dollar,” which would be incredibly inflationary, Johnson said. A
In this article DAL UAL A United Airlines Boeing 777-200ER plane is towed as an American Airlines Boeing 737 plane departs from O’Hare International Airport in Chicago, Illinois. Kamil Krzaczynski | Reuters United Airlines this month will start requiring new hires to show proof that they have been vaccinated against Covid-19, following a similar move
Medical researchers say within a few years major breakthroughs in blood testing technology that use immune system response and genetic analysis to identify disease quickly and cost-effectively will be on the market. picture alliance | picture alliance | Getty Images One morning last May, Tayah Fernandes’s mother Shannon realized her four-year-old daughter was seriously unwell,
Dr. Scott Gottlieb pointed on Friday to the highly transmissible Covid-19 variants as a potential cause behind an increase in adolescents being hospitalized with the virus in March and April. “It’s concerning, the trends on hospitalizations” among teenagers, said Gottlieb, the former Food and Drug Administration chief during the Trump administration. “I think it’s a
In this article AMC Closed signs are seen on an AMC Theatre during the outbreak of the coronavirus disease (COVID-19), in New York City, April 29, 2020. Brendan McDermid | Reuters Investment firm Mudrick Capital has exited both its debt and equity positions in AMC Entertainment, sources tell CNBC’s David Faber, as the theater chain’s
In this article LULU Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon on Thursday reported fiscal first-quarter revenue that soared 88%, topping analysts’ estimates, as shopper traffic steadily rebounded to its stores. The leggings maker also
Here are the most important news, trends and analysis that investors need to start their trading day: AMC mania captivates Wall Street, company to sell more shares Short sellers of AMC shares lost $2.8 billion in one day Bond yields inch higher ahead of two jobs reports Largest meat producer getting back online after cyberattack
In this article TSLA BEVER-NL Elon Musk brought electric vehicles into the mainstream with Tesla. Now the EV company is grappling with the consequences of its own innovation, former Ford Motor CEO Mark Fields told CNBC on Wednesday. “One of the many things he did is he pushed the industry toward taking EV seriously,” Fields
In this article TXRH SHAK TAST CBRL DRI TSN A worker walks past a mural outside the JBS SA pork processing plant in Louisville, Kentucky, U.S., on Friday, June 5, 2020. Luke Sharrett | Bloomberg | Getty Images The cyberattack on JBS, the world’s largest meatpacking company, could cause pain for restaurants if the situation
In this article .CRBQX HPE Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell
Here are the most important news, trends and analysis that investors need to start their trading day: Dow set to jump on the first day of June AMC shares to add to last week’s strong rally Biden to announce new efforts to narrow racial wealth gap Elon Musk reveals reason for Tesla vehicle price hikes
Covid-19 vaccination drive at a Government health centre during Covid-19 emergency in Kolkata, India, 03 May, 2021. Pfizer in talks with India over expedited approval for Covid-19 vaccine according to an Indian media report. Indranil Aditya | NurPhoto | Getty Images India’s economy is expected to have improved in the three months that ended in
Lee Hsien Loong, Singapore’s prime minister. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong said Monday that the country’s Covid restrictions may be relaxed after June 13 if the situation improves. “Barring another super-spreader or big cluster, we should be on track to bring this outbreak under control,”
Fashion has a polyester problem. It’s the most widely-used clothing fiber in the world, but as a synthetic material made from plastic, polyester needs a lot of energy to produce and is highly water and air polluting, according to the Council of Fashion Designers of America. The fashion industry is trying to tackle the issue,
Americans are expected to spend roughly $4.7 billion on gas during the Friday through Monday of Memorial Day weekend, according to GasBuddy, an app and website focused on finding real-time fuel prices. That breaks down to about $1.18 billion spent on gas each day, give or take $1 million, Patrick De Haan, head of petroleum
A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Southwest Airlines said it is delaying plans to resume serving alcoholic beverages, after one of its flight attendants was assaulted and
kali9 | E+ | Getty Images The Centers for Disease Control and Prevention eased its public health guidance for summer camps Friday, saying fully vaccinated teens don’t need to wear face masks or stay 6 feet away from others. Fully vaccinated teens should still wear masks where required, including at local businesses and workplaces, according
In this article AMC Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | Bloomberg | Getty Images Investors shorting the meme stock AMC Entertainment are estimated to have lost $1.23 billion over the last
Zoom In IconArrows pointing outwards To-go cocktails won’t be a pandemic fad. Nebraska joined 14 states and the District of Columbia on Wednesday in approving measures allowing restaurants to sell cocktails to go permanently after the success of the program during the health crisis. Six other states have approved extending the temporary measure until at
In this article MDLZ Mondelez CEO Dirk Van de Put on Thursday called its latest acquisition a “win win” for both companies involved in the deal. The Oreo-maker announced Wednesday its acquisition of Chipita, a Greek company whose croissants and baked snacks helped it generate $580 million in sales last year. The purchase sets Mondelez
Russian President Vladimir Putin looks at military aircrafts flying over the Kremlin and Red Square to mark the 75th anniversary of the victory over Nazi Germany in World War Two, Moscow, May 9, 2020. Alexey Druzhinin | AFP | Getty Images Russia will not make Covid vaccines compulsory for its citizens, President Vladimir Putin said
In this article AMC GME CNBC’s Jim Cramer said Wednesday he’s not sure why any investors are still betting against GameStop and AMC Entertainment, two of the so-called meme stocks popular on Reddit’s WallStreetBets forum. The “Mad Money” host made his comments following a session in which GameStop shares rose almost 16% Wednesday and AMC
With two major cultural events held last weekend, the international arts scene signaled it has no intention of letting yet another year get canceled by Covid. Art Basel Hong Kong, which took place from May 19-23, marked the return of one of the world’s most venerated art fairs. The show came on the heels
Investors should take advantage of market pullbacks in the near-term, CNBC’s Jim Cramer said Tuesday, suggesting there’s a range of positive catalysts that will propel stocks higher. “The stock market runs on cycles. When you have this many running at once, the averages tend to be pretty darn resilient,” the “Mad Money” host said, shortly
Persephone Kavallines The mission of the Disruptor 50 list has always been to identify fast-growing, innovative start-ups on the path to becoming the next generation of great public companies. But in 2020, things got ridiculous. Twelve of the 50 companies named to the 2020 Disruptor 50 are now public companies. Four more have announced deals
Lordstown Motors Corp Chief Executive Steve Burns poses with a prototype of the electric vehicle start-up’s Endurance pickup truck, which it will begin building in the second half of 2021, at the company’s plant in Lordstown, Ohio, U.S. June 25, 2020. Lordstown Motors | Reuters Shares of Lordstown Motors tumbled more than 9% during after-hours
A computer generated aerial view of Greater Springfield near Brisbane, Australia. Springfield City Group Travel up the sunny shores of Australia’s Gold Coast, 25 kilometers outside of Brisbane, and you’ll find Greater Springfield, a city that’s different by design. You may never have heard of it. Unsurprising; the city is not yet 30 years old.
Brian and Quentin at Ranch Rider Spirits. Source: Ranch Rider Spirits Ranch Rider Spirits’ cocktail line is about as Texan as you can get. Built and bred in the vibrant heart of Austin, Texas, the canned cocktails are the tradecraft of co-founders Quentin Cantu and Brian Murphy. Ranch Rider Spirits offers four distinctly Texan craft
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