Business

President Joe Biden delivers remarks on the COVID-19 response and the vaccination program in the East Room at the White House in Washington, DC on May 17, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden warned Monday that coronavirus case numbers could rise once again in U.S. states with low Covid-19 vaccination

Coronavirus has rocked the nation with a year of restrictions, lockdowns, missed gatherings and events, isolation and a staggering loss of more than half a million American lives. As the pandemic stretches into a second year, Americans struggling with increased rates of depression, anxiety, and insomnia are looking for mental health support, and providers are

In this article AZN-GB Ursula von der Leyen, European Commission president. Bloomberg | Bloomberg | Getty Images LONDON — European Commission President Ursula von der Leyen said it herself: “The start was tough.” The European Union has had a bumpy Covid-19 vaccine rollout. The campaign has prompted complaints that regulators were too slow to approve

In this article FB QS U.S. President Joe Biden speaks about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, March 31, 2021. Jonathan Ernst | Reuters The CEOs of three companies in the electric vehicle and semiconductor industries reacted Thursday to President Joe

In this article M AMZN KSS WMT TGT MAC Macerich’s Paradise Valley Mall in Phoenix, AZ. Google Earth The future of the suburban shopping mall could look something like a mini community, with far fewer places to shop. The U.S. mall owner Macerich announced Thursday it’s sold a majority stake in Paradise Valley Mall in Phoenix

In this article GM General Motors employees work on the assembly line at the Fairfax Assembly & Stamping Plant in Kansas City, Kansas. Jim Barcus for General Motors General Motors CFO Paul Jacobson is “increasingly confident” the automaker will hit its earnings targets for the year despite a global shortage of semiconductor chips that’s forced

In this article 6758.T-JP Paul Simon performs onstage during The Nearness Of You Benefit Concert at Frederick P. Rose Hall, Jazz at Lincoln Center on January 20, 2015 in New York City. Ilya S. Savenok | Getty Images Entertainment | Getty Images Sony Music Publishing announced Wednesday that it acquired Paul Simon’s entire song catalog,

In this article PG GIS SJM KMB Huggies on display at an Albertson’s grocery store in Dallas, Texas. Jason Janik | Bloomberg | Getty Images Kimberly-Clark said Wednesday that it would hike prices on staples like Scott toilet paper and Huggies diapers, joining the growing list of consumer products companies that are raising prices. Higher

In this article ZE594-CN Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese electric car company BYD is feeling the hit of rising battery material costs. Backed by U.S. billionaire Warren Buffett, the automaker announced

CNBC’s Jim Cramer said Tuesday he was skeptical about the latest exchange-traded fund launched by Cathie Wood’s Ark Invest. “One look at the newly launched ARK Space Exploration ETF tells you everything you need to know about how managers can’t resist creating new funds, even if there’s no reason for them to exist,” Cramer said

SpaceX The latest SpaceX prototype of its Starship rocket was destroyed during a landing attempt after a clean launch on Tuesday. The company’s livestream of the flight test froze as the rocket came in to land, and thick fog around SpaceX’s facility in Texas made it difficult for witnesses to see what happened. Starship prototype

The double mutation of a Covid-19 variant discovered in India is of grave concern — and could spread to other countries, according to Dr. Kavita Patel, a non-resident fellow at the Brookings Institution. “It is something to watch very closely, and something that will not be limited to India. It is something we will likely

In this article WPF^ BFT^ NDAQ FNF BX London-based online payments company Paysafe is set to begin trading on U.S. public markets after merging with blank-check company Foley Trasimene Acquisition II Corp, billionaire business and sports executive Bill Foley told CNBC Monday. Foley, who set up the special purpose acquisition company, or SPAC, announced in December

In this article HAFAX Ronald Terry, 93, visiting his late-wife’s grave. He’s living with his daughter, Ellen Minor, who is his primary caregiver. Photo: Ellen Minor Over the past year, Ellen Minor has been caring for her 93-year-old father in their Covid bubble. It’s been far from easy. “I can’t tell you how close I

In this article AZN-GB The European Union could open up a “Pandora’s box” if it decides to restrict exports of coronavirus vaccines, a political analyst told CNBC last week. Vaccination drives in the 27-member bloc have been hindered by production issues. Anglo-Swedish firm AstraZeneca earlier this year cut its first-quarter target from 90 million doses

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, testifies during a Senate Health, Education, Labor and Pensions Committee hearing on the federal coronavirus response on Capitol Hill on March 18, 2021 in Washington, DC. Susan Walsh | Pool | Getty Images The latest rise in new Covid-19 infections can’t be

In this article JNJ Intensive-care unit and lung doctor Dr. Vin Gupta slammed the Republican governors of Arizona, Florida and Texas for what he said was premature reopenings, especially as new variants take hold across the country.   “It’s not good public policy what the governors of Arizona, Florida and Texas are doing,” Gupta said. “It

In this article BG .SPIPSA RDSA-GB LNG A dredger attempts to free stranded container ship Ever Given, one of the world’s largest container ships, after it ran aground, in Suez Canal, Egypt March 26, 2021. Suez Canal Authority | Reuters Companies are scrambling to reroute shipping vessels to avoid the logjam at the Suez Canal,

Emergency Medical Technician Lenny Fernandez, Medical Assistant Rodnay Moore and Physician Assistant-Certified Calvin Davis, left to right, prepare doses of the Pfizer COVID vaccine as the city of Vernon Health Department staff used the city’s new mobile health unit clinic to administer COVID-19 vaccinations to nearly 250 essential food processing workers at Rose & Shore,

Scotland’s full-back Stuart Hogg passes the ball during the Six Nations rugby union tournament match between France and Scotland on March 26 2021, at the Stade de France in Saint-Denis, outside Paris. (Photo by Anne-Christine POUJOULAT / AFP) (Photo by ANNE-CHRISTINE POUJOULAT/AFP via Getty Images) ANNE-CHRISTINE POUJOULAT | AFP | Getty Images Wales were crowned