Business

Jeff Zients, White House Covid-19 coordinator, speaks during a news conference at the White House on April 13, 2021. Leigh Vogel | Bloomberg | Getty Images The Biden administration has no plans to curb future Covid-19 surges using a nationwide lockdown, White House coronavirus response coordinator Jeff Zients said at a briefing Monday. Zients’ comments
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WATFORD, ENGLAND – NOVEMBER 20: Manchester United manager Ole Gunnar Solskjaer during the Premier League match between Watford and Manchester United at Vicarage Road on November 20, 2021 in Watford, England. Mark Leech/Offside | Offside | Getty Images United have confirmed Solskjaer’s assistant Michael Carrick will be placed in temporary charge, with the club also
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Space company Firefly is preparing for the second orbital launch attempt of its Alpha rocket, as the venture looks to build out the foundation of its business. “Firefly is aiming to be the next SpaceX, a very transformative space transportation company,” Firefly CEO Tom Markusic told CNBC. The company recently gave CNBC an inside look
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Flight attendants wearing protective masks walk through Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images An accidental gun discharge at Hartsfield-Jackson Atlanta International Airport’s security screening area on Saturday afternoon led to all departing flights being briefly halted. The airport said on Twitter there
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In this article RY4C-IE AIR-FR BMW-DE RR.-GB Rolls-Royce’s all-electric Spirit of Innovation takes to the skies for the first time. Courtesy: Rolls-Royce Rolls-Royce said Friday its electric aircraft had reached a maximum speed of 623 kilometers per hour (a little over 387 miles per hour), with the firm claiming this made the airplane the “world’s
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Macy’s CEO Jeff Gennette told CNBC’s Jim Cramer on Thursday the retailer has not reached any predetermined conclusions about spinning out its e-commerce unit into a separate company, a move that activist shareholder Jana Partners hopes to see taken. Gennette’s comments in a “Mad Money” interview came after Macy’s announced earlier Thursday it had brought
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CNBC’s Jim Cramer on Thursday highlighted two characteristics that are prevalent on Wall Street, suggesting investors can find success by owning companies that exhibit them both. “It’s awfully hard to go wrong when you bet on companies with strong sales growth and rising gross margins,” the “Mad Money” host said. Those financial attributes are currently
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In this article WMT CNBC’s Jim Cramer said Wednesday he’s looking to buy additional Walmart shares after the big-box retailer’s stock declined following its third-quarter earnings report. Although Walmart beat Wall Street’s expectations on per-share earnings and quarterly revenue, the “Mad Money” host said institutional investors are likely focusing on the company’s declining margins, leading
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Police officers monitor compliance with the lockdown in Innsbruck during the first day of a nationwide lockdown for people not yet vaccinated against the Covid-19. Jan Hetfleisch | Getty Images Austria has imposed fresh lockdown measures on around 2 million unvaccinated people, with individuals facing fines if they fail to comply with the rules. Those
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People shout slogans against the government as they arrive to the City Hall in protest of COVID-19 vaccine mandate in New York City, October 25, 2021. Eduardo Munoz | Reuters A federal appeals court with a GOP-appointed majority will decide the fate of President Joe Biden’s vaccine and testing requirements for private businesses, casting further
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In this article LCID TSLA People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Lucid Group CEO Peter Rawlinson believes there’s a long runway for the electric vehicle start-up’s stock and market value to surpass traditional
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