Business

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 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 ELY NKE ADS-DE With a record number of new golfers teeing off in 2020, Callaway, the maker of golf balls, clubs, bags and apparel, has been thriving. Callaway announced in May first-quarter net revenue of $652 million, a 47% increase from a year earlier. “Callaway pre-Covid was already the number one brand

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

A detail of Janssen Johnson & Johnson COVID-19 vaccine that is not currently being given out because it has been put on hold. Allen J. Schaben | Los Angeles Times | Getty Images Federal regulators are forcing Johnson & Johnson to scrap about 60 million doses of Covid-19 vaccine produced at a troubled Baltimore plant

A wind turbine photographed in, Camelford, Cornwall, at sunset. Ashley Cooper | Corbis | Getty Images This year’s G-7 summit will be held in the county of Cornwall, a part of southwest England known for its stunning coastline, historic fishing communities and natural beauty. As well as being a popular destination for tourists — the

A sign for the Food and Drug Administration is seen outside of the headquarters on July 20, 2020 in White Oak, Maryland. Sarah Silbiger | Getty Images A third member of a key Food and Drug Administration advisory panel has resigned over the agency’s controversial decision to approve Biogen‘s new Alzheimer’s drug, Aduhelm, CNBC has

A young man in West Virginia receives the vaccine while overlooking the West Virginia Capitol Building in Riggleman Hall. Stephen Zenner | LightRocket | Getty Images The number of cases of a heart inflammation condition in 16-to-24-year-olds was higher than expected after they received their second dose of Pfizer or Moderna’s Covid-19 vaccines, the Centers for

A woman, wearing a face mask as a prevention against Covid-19 walks along the promenade at Marina Bay in Singapore on May 4, 2020. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s government on Thursday said it will start easing Covid-related restrictions as the number of daily infections has declined. The Southeast Asian

U.S. President Joe Biden waves as he and First Lady Jill Biden walk on the ellipse to board Marine One on June 09, 2021 in Washington, DC. President Joe Biden and the First Lady are traveling to the United Kingdom for the G7 Summit and will later travel to Belgium and Switzerland, as part of

In this article MS Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images Morgan Stanley said its sports division has positioned itself in the college sports compensation space with a new partnership with Altius Sports Partners. Altius is an advisory

A patient suffering from COVID-19 receives treatment at the coronavirus disease (COVID-19) Intensive Care Unit (ICU) of the “Klinikum Darmstadt” clinic in Darmstadt, Germany, May 20, 2021. Kai Pfaffenbach | Reuters LONDON — The cheap and widely-available drug aspirin does not improve survival for patients hospitalized with Covid-19, a U.K. study has found. Oxford University

In this article THO Even as Covid restrictions lift, RV-maker Thor Industries is seeing sustained demand for outdoor living — and a growing order backlog, CEO Bob Martin told CNBC Tuesday. Thor’s backlog was worth $14.32 billion as of late April, the company said in its fiscal third-quarter report out Tuesday. That’s up 32.5% from

A person skateboards past Biogen Inc. headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021. Adam Glanzman | Bloomberg | Getty Images Biogen on Tuesday faced tough questions from Wall Street analysts over the $56,000 annual cost of its newly approved Alzheimer’s drug Aduhelm – a price tag executives are calling “fair” and “responsible.” Shares

In this article BIIB Dementia expert Dr. Jason Karlawish told CNBC he’s skeptical of the Food and Drug Administration’s approval of Biogen‘s Alzheimer’s disease drug, Aduhelm, saying “the evidence to approve the drug wasn’t sufficient.” “Another study is needed to establish whether this drug, in fact, is effective. Unfortunately, the FDA approved the drug for

In this article TMUS T-Mobile CEO Mike Sievert on Monday laid out his vision for the next decade, telling CNBC that he believes his company can be the leader in 5G for the next decade. “We’re making the rules for the 5G era because we’re way ahead — and I mean miles ahead — and

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

Indian women wait in a queue for food in New Delhi. SOPA Images | LightRocket | Getty Images The World Bank has warned that critical measures need to be taken during the pandemic recovery to get women back to work and on the path to gender equality. The pandemic has exacerbated existing gender gaps, and