Business

Jim Cramer on “Mad Money.” Scott Mlyn | CNBC CNBC’s Jim Cramer on Tuesday said the stock market won’t reach a bottom until sentiment finds a low point, akin to how stocks rebounded from the historic coronavirus-fueled plunge last year.  ”A year ago, we caught a weird bottom as the market experienced a changing of

An employee draws up a syringe and a container with the BioNTech/Pfizer vaccine, in Schwaz, Austria. JOHANN GRODER | AFP | Getty Images LONDON — The European Union is “facing a serious situation” in rolling out Covid-19 shots, but it is “highly unfair” to accuse the bloc of vaccine nationalism, the region’s trade chief told

In this article RBLX SNAP U CNBC’s Jim Cramer on Monday endorsed buying shares of Roblox, the online gaming company that began trading publicly earlier this month. “You’ve got my blessing to put on a position in Roblox right now, right here, although I’d like it of course at a much lower level, but this

Peloton introduces a treadmill to their product line. Emily Gaffney | CNBC A child was killed in an accident involving a Peloton treadmill, the fitness company’s CEO said in a letter posted on its website. In the letter, CEO John Foley said he “recently learned about a tragic accident involving a child and the Tread+,

The highly contagious variant first identified in the U.K. likely accounts for up to 30% of Covid-19 infections in the United States, White House Chief Medical Advisor Dr. Anthony Fauci said Friday. The variant, called B.1.1.7, has also been reported in at least 94 countries and detected in 50 jurisdictions in the U.S., Fauci said

Giani Clarke,18, a senior at Wilson High School, takes a test in her AP Statistics class. The desks are doubled as a way to provide more social distancing. Ben Hasty | MediaNews Group | Getty Images The Centers for Disease Control and Prevention on Friday revised its guidance on social distancing in schools, saying most

NFL executive Brian Rolapp told CNBC on Friday the league’s new blockbuster media deal offers a chance to enhance the viewing experience for fans through digital streaming. The broadcast pact features Amazon Prime Video as the exclusive provider of Thursday Night Football games beginning in 2023, the first all-digital package in the league’s history. Four

Traffic passes along the Champs Elysee avenue near the Arc de Triomph in Paris, France, on Friday, March 19, 2021. French President Emmanuel Macron is locking down several regions including the Paris area, slowing down the countrys economic recovery as it struggles to contain a third wave of the coronavirus epidemic. Photographer: Cyril Marcilhacy/Bloomberg via Getty

A student raises her hand in her virtual classroom at the Roxbury YMCA in Boston on Sept. 21, 2020. Suzanne Kreiter | Boston Globe | Getty Images Parents with kids stuck home during the pandemic will tell you how stressed they are, but now the CDC has proof that virtual schooling is taking a real

Patrick Mahomes #15 of the Kansas City Chiefs looks to pass over Shaquil Barrett #58 of the Tampa Bay Buccaneers during the second quarter against the Tampa Bay Buccaneers in Super Bowl LV at Raymond James Stadium on February 07, 2021 in Tampa, Florida. Patrick Smith | Getty Images The National Football League has finalized

Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. December 20, 2020. Paul Sancya | Reuters FedEx reported better-than-expected profits and revenues in its most recent quarter after an “unprecedented” peak holiday shipping season, despite severe weather in February that “significantly impaired” operations

A Giant Eagle Inc. Market District supermarket stands in Pittsburgh, Pennsylvania, U.S., on Tuesday, Oct. 29, 2019. Allison Ferrand | Bloomberg | Getty Images At the start of 2020, Giant Eagle kicked off a company-wide mission to phase out all single-use plastic bags. The Pittsburgh-based grocery chain stopped offering thin, throwaway bags at the checkout

A photo illustration of the AstraZeneca COVID-19 vaccine at Copes pharmacy in Streatham on February 04, 2021 in London, England. Dan Kitwood | Getty Images Medical experts in the United States are trying to assuage fears that Covid-19 vaccines may be unsafe after several European countries suspended AstraZeneca‘s shot following reports of blood clots among

A handheld ultrasound (Vscan Air) to go beyond highly specialized branches of medicine such as obstetrics and cardiology to primary care physicians. Source: G.E. General Electric on Tuesday announced the launch of its new wireless, hand-held ultrasound device, Vscan Air, as the company seeks to capture a leading position in the growing market. It’s the

Ford touts its 2021 F – 150 Police Responder as “America’s only purpose-built, pursuit-rated pickup truck. Ford The next time you get pulled over, it may be by an officer in a Ford pickup truck instead of a traditional “cop car.” Ford Motor unveiled its new 2021 F-150 Police Responder on Tuesday ahead of spring

Brett Schulman trades a career in finance for food. Source: Cava Guess who’s moving out to the suburbs now? The Covid-19 pandemic set into motion several trends that stand to alter the restaurant space even after vaccines are widely administered and life returns to a new normal. From the migration out of dense cities to

Larry Culp, CEO, General Electric Scott Mlyn | CNBC General Electric stock surged more than 5% Monday as bullish analysts defended the company’s decision last week to sell its jet-leasing business to rival AerCap and new financial guidance. On Wednesday, the Boston-based conglomerate announced of the sale of GE Capital Aviation Services, or Gecas, the largest remaining asset

Singapore Airlines crew members and travelers at the transit hall of Changi Airport in Singapore on Jan. 14, 2021. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore Airlines shares jumped Monday after the city-state confirmed it was in talks with Australia to set up an air travel bubble. Singapore Airlines shares were up

Some drivers may be noticing they are paying more for tires, and it may simply be because the vehicle they are driving comes with bigger wheels. A new set of trade tariffs also threaten to raise prices. The rise of the sport utility vehicle in America has also led to the rise of the SUV

Two trading cards Patrick Mahomes will sell as NFTs. Patrick Mahomes Patrick Mahomes, one of the NFL’s highest profile players, is moving the chains by launching his own NFT art gallery. In an interview with CNBC this week, Mahomes announced the “The Museum of Mahomes,” which will launch March 17 on the digital art market

Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Two great-great grandchildren of Ford Motor founder Henry Ford have been nominated to the company’s board of directors, the automaker announced Friday. Alexandra Ford English, 33, is the

The buyer of the Beeple non-fungible token for $69 million is a crypto investor who goes by the pseudonym of Metakovan. Metakovan’s real identity is not known, but the investor is the co-founder of the NFT collection called Metapurse, which collects NFTs to display in the metaverse through virtual museums. Metakovan already owns the largest

Residents wait in line to be vaccinated at a mass COVID-19 vaccination center set up in a parking lot outside of the United Center, home to the Chicago Bulls and Blackhawks, on March 10, 2021 in Chicago, Illinois. Scott Olson | Getty Images The United States on Friday topped 100 million Covid-19 vaccine doses administered,

If Hollywood were to address racial inequities in the film and TV industry, annual revenue could rise by 7%, or about $10 billlion, according to the findings of a new study from McKinsey. The consulting firm’s research found that Black-led stories are underfunded and undervalued. “A complex, interdependent value chain filled with dozens of hidden

The Nike logo is seen on the Nike store on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike has laid out a five-year roadmap to creating a more diverse and inclusive workforce, the company announced Thursday, as corporate America is increasingly being held accountable for their values

US President Joe Biden speaks on the production of the Covid-19 vaccine in the South Court Auditorium, next to the White House, in Washington, DC, on March 10, 2021. Mandel Ngan | AFP | Getty Images President Joe Biden said he will announce the “next phase” of the U.S. Covid-19 response during his primetime address

Cure Hydration founder and CEO Lauren Picasso had to come up creative ways to get the company’s fruit-flavored products into shoppers’ baskets because of the pandemic. Cure Hydration Cure Hydration’s lucky break came at a strange time. Walmart, CVS and Amazon-owned Whole Foods began carrying the start-up’s fruit-flavored hydration powder during the pandemic. Yet boxes

Boeing sold 82 aircraft in February and logged 51 cancellations, marking the first time since November 2019 that monthly sales outpaced scrapped orders. The Covid-19 pandemic continues to weigh on sales of new planes as airlines largely try to conserve cash wherever they can. Some carriers, however, are starting to prepare for a recovery in

Elizabeth Olsen and Paul Bettany star as Wanda Maximoff and Vision in Marvel’s “WandaVision.” Disney Disney+ has topped 100 million global subscribers. On Tuesday Disney CEO Bob Chapek revealed the streaming service surpassed the benchmark in just 16 months since its launch. “The enormous success of Disney+, which has now surpassed 100 million subscribers, has

The world needs to ramp up efforts to combat Covid-19 — and countries must not let their guard down, the World Health Organization’s chief scientist warned Monday as coronavirus cases around the world surge. “We’re at a very risky period,” said Dr. Soumya Swaminathan of the World Health Organization. “We need to double down, this is