Business

A patient who died lays in a body bag inside a coronavirus disease (COVID-19) unit at United Memorial Medical Center as the United States nears 300,000 COVID-19 deaths, in Houston, Texas, U.S., December 12, 2020. Callaghan O’Hare | Reuters The coronavirus has killed more than 300,000 people across the country as U.S. officials ship out

Sandra Lindsay, a nurse at Long Island Jewish Medical Center, is inoculated with the coronavirus disease (COVID-19) vaccine by Dr. Michelle Chester from Northwell Health at Long Island Jewish Medical Center in New Hyde Park, New York, U.S., December 14, 2020. Mark Lennihan | Reuters The United States on Monday administered the first shots of

Costco CEO Craig Jelinek told CNBC on Monday that the company’s physical stores will remain critical going forward, even though the wholesale retailer saw a surge in e-commerce sales during the coronavirus pandemic. “Our overall online business will continue to grow. Will we get tricky? No, we won’t,” Jelinek said on “Closing Bell.” “We’ll just

The stay-at-home trade has returned to Wall Street despite the U.S. launching its Covid-19 vaccination campaign, revealing some insight into how investors gauge the economic bounce back in the near term, CNBC’s Jim Cramer said Monday. “The recovery stocks are handing the baton back to the lockdown winners because lockdown is where we’re headed,” the

Health-care workers across the U.S. received Covid-19 vaccinations Monday, the first Americans to do so outside of a clinical trial.  It will still be several months, however, before the average person can walk into their local drugstore or grocery store and receive the vaccine. In interviews with CNBC, Walgreens and CVS Health officials said they

“More of the same, and a lot of it,” says CFRA Research energy analyst Stewart Glickman of a newly unveiled plan from Exxon Mobil to reduce its greenhouse gas emissions. But Glickman, and others analysts even more critical of Exxon, say there is a logic and consistency to the oil giant’s position that was reiterated

Casino stocks are rallying as investors anticipate a rebound in travel and less rocky trade relations between the U.S. and China in the upcoming year, CNBC’s Jim Cramer said. The U.S. earlier Monday began inoculating citizens with a Covid-19 vaccine authorized by federal regulators for emergency use, which officials hope will help the country reopen

The Food and Drug Administration has approved Pfizer and BioNTech‘s coronavirus vaccine for emergency use, a monumental turning point in the once-in-a-century pandemic that has taken nearly 300,000 American lives in less than a year and wreaked havoc on the U.S. economy. FDA Chief Scientist Denise Hinton told Pfizer in a letter Friday that she

The Food and Drug Administration vaccine advisory panel signed off on Pfizer’s Covid vaccine with a 17 to 4 vote, with one abstention on Thursday night. Dr. Archana Chatterjee, dean of the Chicago Medical School, was one of the four “no” votes. Chatterjee explained her decision during a Friday evening interview on “The News with

A laboratory technician supervises filling and packaging tests for the large-scale production and supply of the University of Oxfords COVID-19 vaccine candidate, AZD1222, conducted on a high-performance aseptic vial filling line on September 11, 2020 at Catalent in Anagni, Italy. Vincenzo Pinto | AFP | Getty Images LONDON — British pharmaceutical giant AstraZeneca said Friday

Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images SDisney‘s streaming service Disney+ continues to gain subscribers. On Thursday, the company revealed that

Side effects from Covid-19 vaccines are indications that the shots are helping build protection against the disease, former FDA Chief Dr. Margaret Hamburg told CNBC on Thursday. “The data does tell us that this vaccination causes some reaction at the time of administration that is fairly routine, but notable if you’re receiving the vaccine,” she said

Royal Caribbean’s Quantum of the Seas cruise ship docked at Singapore’s Marina Bay Cruise Centre on Dec. 9, 2020. Rosanna Lockwood | CNBC SINGAPORE — The Singaporean passenger who tested positive for Covid-19 onboard a cruise ship has subsequently tested negative for the disease, according to Singapore’s health ministry. The passenger, an 83-year-old man, was

Delta Air Lines Airbus A330 aircraft as seen on final approach in Amsterdam Schiphol International Airport in the Netherlands. NurPhoto | NurPhoto | Getty Images Delta Air Lines is getting rid of $200 international ticket change fees, joining American Airlines in the measure that aims to spur travel demand that has been decimated in the

A test tube labelled vaccine is seen in front of AstraZeneca logo in this illustration taken, September 9, 2020. Dado Ruvic | Reuters LONDON — The coronavirus vaccine developed by British pharmaceuticals giant AstraZeneca, in collaboration with the University of Oxford, is the first to have its late-stage trial results independently reviewed and published in

Anthony Fauci, MD, Director, National Institute of Allergy and Infectious Diseases, National Institutes of Health, testifies during a U.S. Senate Senate Health, Education, Labor, and Pensions Committee Hearing to examine COVID-19, focusing on an update on the federal response at the U.S. Capitol in Washington, D.C., U.S., September 23, 2020. Graeme Jennings | Reuters The

Nurses at the Royal Free Hospital, London, simulate the administration of the Pfizer vaccine to support staff training ahead of the rollout, on December 5, 2020 in London, England. WPA Pool | Getty Images News | Getty Images The U.K. is preparing to administer the first Covid-19 vaccines to the public on Tuesday, making it

The hot housing market during the coronavirus pandemic could heat up further if more homes are put up for sale, the CEO of real estate brokerage Redfin told CNBC on Monday. “If we see people get more comfortable letting others into their home, we’re going to see more inventory on the market, and that’s what will

Jovina Young, marketing manager of the Ford Bronco Sport, stands by the vehicle she drove in the 2020 Rebelle Rally, an all-female off-road event that travels through Nevada and California. Michael Wayland / CNBC HOLLY, Mich. – Jovina Young smiles as she reminisces about driving across 1,250 miles of Nevada and California desert this fall

U.S. Department of Homeland Security Under Secretary Chris Krebs speaks to reporters at the DHS Election Operations Center and National Cybersecurity and Communications Integration Center (NCCIC) in Arlington, Virginia, U.S. November 6, 2018. Jonathan Ernst | Reuters WASHINGTON — The former head of the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency said Sunday