Business

The coronavirus pandemic could provide boost to newer modes of transportation in China, such as making autonomous driving more mainstream, a panel of industry leaders told CNBC. The Covid-19 outbreak accelerated the commercialization of autonomous aerial vehicles — or driverless drones — which were used to transport goods, medical supplies and even passengers to and

In this article QSR-CA Burger King’s new chicken sandwich “Ch’King” is seen on display in New York, NY, May 19, 2021. Aleksandra Michalska | Reuters When Burger King launched the Ch’King nationwide earlier in June, it wasn’t just releasing a new chicken sandwich. It was also marking a shift in the burger chain’s menu strategy,

In this article STZ Aaron Paul and Bryan Cranston attend 2020 Big Game Big Give at Star Island on February 01, 2020 in Miami, Florida. Bobby Metelus | Getty Images Corona brewer Constellation Brands announced Thursday that it has taken a minority stake in Dos Hombres, the mezcal brand started by Breaking Bad stars Bryan

Dutch airline KLM said it intends to reinstate almost all of its international routes this year as vaccine rollouts offer hopes of revival for the travel industry. KLM’s president and CEO Pieter Elbers told CNBC the carrier will also add a new route to Saudi Arabia’s capital Riyadh, even as the capacity and frequency of

In this article GM Brand new Chevrolet cars are displayed on the sales lot at Stewart Chevrolet on May 14, 2021 in Colma, California. Justin Sullivan | Getty Images General Motors expects the ongoing semiconductor chip shortage and rising inflation to increase its expenses during the second half of the year by up to $3

JPMorgan CEO Jamie Dimon is so worried about inflation he won’t invest the Wall Street bank’s cash. Homebuyers are backing out of the market amid a pricing frenzy and used car sticker shock is now a bigger deal than new car pricing on the dealership lot. It is not news that inflation is running hot.

Oil prices rose on Tuesday, setting up a challenging situation for the head of the Federal Reserve before Wednesday’s meeting, CNBC’s Jim Cramer said. “The surging price of crude … makes life difficult for Fed Chief Jay Powell,” Cramer said on “Mad Money.” “Even as many other commodities have actually now fallen, and some falling

In this article SBUX John Culver, Starbucks Source: Starbucks Starbucks on Tuesday tapped company veteran John Culver as its newest chief operating officer. Culver succeeds Roz Brewer, who exited Starbucks in February to become chief executive of Walgreens Boots Alliance. In addition to being named COO, he has also been promoted to North American group

In this article HAS In turbulent times, parents turn to toys to keep their kids happy. That has helped propel sales at some of the biggest toymakers in the U.S., including Hasbro, the largest producer of board games. Hasbro has more than 1,500 brands, including Monopoly, Play-Doh, Jenga and Transformers and designs and distributes toys

Shipping containers from China and other Asian countries are unloaded at the Port of Los Angeles as the trade war continues between China and the US, in Long Beach, California on September 14, 2019. – Mark Ralston | AFP | Getty Images First, it was a critical shortage of shipping containers due to the pandemic.

SpaceX President and COO Gwynne Shotwell Jay Westcott / NASA SpaceX president Gwynne Shotwell returned to her alma mater on Monday and delivered Northwestern University’s commencement address to the class of 2021. Speaking virtually, Shotwell gave Northwestern’s students an overview of her career, especially focusing on the nearly two decades that she’s worked for Elon

Check out the companies making headlines before the bell: Novavax (NVAX) – The drugmaker said its Covid-19 vaccine proved 90% effective overall in a late-stage trial, and 93% effective against the most predominant variants of the virus. It also provided 100% protection against moderate and severe disease. Novavax shares surged 10.4% in premarket trading. Lordstown

In this article BTC.CM= CNBC’s Jim Cramer is advising that investors who are searching for entry and exit points keep a close eye on both stock and cryptocurrency trades in the coming weeks. The “Mad Money” host on Friday reviewed chart analysis from Tom DeMark, the founder and head of DeMark Analytics. “The charts, as

In this article LLY BIIB Aduhelm by Biogen Source: Biogen The FDA’s approval of Biogen‘s Alzheimer’s drug Aduhelm was a landmark moment in the life of Dr. Paul Aisen. The director of the Alzheimer’s Therapeutic Research Institute at USC has spent the past three decades focused on treating the neurodegenerative disease, and in recent years

In this article LOW TGT WMT HD A Home Depot location in Encinitas, California. Mike Blake | Reuters Home Depot is one of the largest importers in the country. Yet with congested ports, container shortages and Covid-19 outbreaks slowing shipments, the company made a decision: It was time to get its own boat. “We have

A New Shepard rocket launches on a test flight. Blue Origin Jeff Bezos‘ space venture Blue Origin auctioned off a seat on its upcoming first crewed spaceflight on Saturday for $28 million. The winning bidder, whose name wasn’t released, will fly to the edge of space with the Amazon founder and his brother Mark on

In this article NGCA SPCE Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake | Reuters Virgin Orbit, the satellite-launching spinoff of Sir Richard Branson’s Virgin

In this article FB Matteo Colombo | DigitalVision | Getty Images After stocks muscled their way slightly higher on Friday, CNBC’s Jim Cramer advised investors not to underestimate a market that’s putting up small gains. The S&P 500 crawled 0.19% higher to 4,247.44, a record close. “Some would say it’s the calm before the storm

Dr. Peter Hotez warned that Southern U.S. states could feel the impact of the highly transmissible Delta Covid variant as early as this summer, due in part to low vaccination rates.  “I’m really holding my breath about the South and what happens over the summer,” said Hotez, co-director of the Center for Vaccine Development at

chameleonseye | iStock | Getty Images Suicide attempts surged among 12- to 17-year-olds, especially adolescent girls, during the Covid-19 pandemic and got worse the longer social distancing orders and government lockdowns persisted, according to new data from the Centers for Disease Control and Prevention. Emergency department visits at hospitals among adolescents were already increasing in