Business

Ford started resuming vehicle production in the U.S. on May 18, 2020 with new coronavirus safety protocols such as health assessments, personal protective equipment and facility modifications to increase social distancing. Ford DETROIT – Ford Motor is significantly cutting production of its highly profitable F-150 pickup trucks due to an ongoing semiconductor chip shortage plaguing
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Chobani brand greek yogurt is displayed inside an Albertsons Vons grocery store in San Diego, California Bing Guan | Bloomberg | Getty Images Yogurt-maker Chobani is considering going public later this year through an initial public offering, the Wall Street Journal reported. According to the newspaper, the company is seeking a valuation of $7 billion
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President-elect Joe Biden has picked Dr. Anthony Fauci to lead a U.S. delegation at the World Health Organization’s annual meetings this week, reversing outgoing President Donald Trump’s plan to withdraw from the international aid group. The new administration plans to work with the WHO on an international Covid response plan as one of Biden’s first
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Former New York City police commissioner Bill Bratton warned CNBC’s “The News with Shepard Smith” that domestic terrorism has superseded the threat of international terrorism in the United States.  “For the last 20 years our biggest concern was international terrorism — ISIS, Al Qaeda,” Bratton said in a Friday evening interview. “Now it’s here and
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Porch Group, an online home services marketplace, hopes to make the relocation process a little less arduous for homebuyers and renters with new acquisitions seeking to expand its offerings. The Seattle-based software maker, which began trading in late December via a blank check shell company, announced Thursday the acquisition of four businesses that it projects
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Several Democratic governors are criticizing the Trump administration for apparently misleading public health officials about holding a stockpile of Covid-19 vaccines in reserve. Health and Human Services Secretary Alex Azar said on Tuesday that the government would begin releasing doses of vaccine that were being held in “physical reserve” to ensure enough supply for second
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SINGAPORE — Online travel agency Trip.com is “more confident than ever” that China’s domestic tourism will recover in the long run, chief executive Jane Sun said on Thursday. That’s despite fresh lockdowns in the country as new coronavirus cases emerge. “In the long run, we are very optimistic about the recovery,” Sun told CNBC’s “Squawk
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