A health care worker holds an injection syringe of the phase 3 vaccine trial, developed against the novel coronavirus (COVID-19) pandemic by the U.S. Pfizer and German BioNTech company, at the Ankara University Ibni Sina Hospital in Ankara, Turkey on October 27, 2020. Dogukan Keskinkilic | Anadolu Agency | Getty Images The announcement earlier this
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Beyond Meat CEO Ethan Brown on Tuesday sought to clear the air on his company’s relationship with McDonald’s after shares tanked the day prior on news of the restaurant chain’s forthcoming plant-based line. Beyond Meat investors reacted negatively when the meatless food maker was not named as a supplier for McDonald’s “McPlant” burgers, sending the
Ethan Brown, founder, president and CEO of Beyond Meat. Adam Jeffery | CNBC Shares of Beyond Meat cratered as much as 28% Monday in after-hours trading following the release of disappointing third-quarter results, capping off a frenzied day of trading for the volatile stock. McDonald’s announcement of a plant-based line called “McPlant” sparked confusion among
Former FDA chief Dr. Scott Gottlieb warned that the coronavirus pandemic is “about to explode” across the United States as the country confirmed more than 10 million coronavirus cases on Monday, a bleak milestone just 10 days after reaching the 9 million mark amid a record surge in daily infections. On Sunday, the country added
Florida, Port of Miami, Row of cruise ships docked, non-essential business due to Coronavirus. Jeff Greenberg | Universal Images Group | Getty Images Throughout the coronavirus pandemic, travel executives have been pinning their hopes on a Covid-19 vaccine saving their industry, which has suffered from the fallout of the health crisis. Following news Monday of
General Motors unveiled the 2022 GMC Hummer EV sport utility truck, or SUT, online and during national television broadcasts on Oct. 20, 2020. GM General Motors developed the 2022 GMC Hummer EV in rapid time with help of virtual reality, an increasing trend for the automotive industry before and during the coronavirus pandemic. GM CEO
The United States reported a record one-day spike of 126,400 new cases of the coronavirus as medical experts warn that the outbreak is worsening across the country and could lead to a devastating winter. The U.S. has now reported a new record one-day spike in cases everyday over the past three days, according to data
Ocean Spray Sometimes a twist of fate can change a company’s trajectory or provide the rocket fuel it needs to shift to a new paradigm. Just ask Tom Hayes, the new CEO of Ocean Spray, a 90-year-old agricultural cooperative of some 700 small family farmers throughout North and South America. He found out firsthand how
Democratic U.S. presidential nominee Joe Biden smiles as he takes off his mask to speak about the voting results of the 2020 U.S. presidential election during an appearance in Wilmington, Delaware, U.S., November 4, 2020. Kevin Lemarque | Reuters President-elect Joe Biden is expected on Monday to announce the members of his coronavirus task force,
In the spring, U.S. medical workers were heralded as heroes. But by the fall, the rhetoric had started to shift, with the public growing increasingly fatigued by the coronavirus pandemic and President Donald Trump accusing doctors of inflating Covid-19 death counts for money. With the death toll from the coronavirus continuing to tick up, many
Bottles of Constellation Brands Kim Crawford Sauvignon Blanc wine sit on display for sale inside a BevMo Holdings store in Walnut Creek, California. David Paul Morris | Bloomberg | Getty Images Softbank-backed delivery startup goPuff on Thursday said it will acquire alcoholic beverage chain BevMo! for $350 million, paving the way for the company to
Dr. Scott Gottlieb, former FDA chief under President Donald Trump, on Friday urged the White House to step up its response to the coronavirus pandemic, regardless of the outcome of the election. While the U.S. awaits a projected winner in Tuesday’s election between Trump and Democrat Joe Biden, the nation’s latest resurgence of Covid-19 cases has
Mo Farah after crossing the finish line in the Antrim Coast Half Marathon. The four-time Olympic gold medalist joined an elite line-up in Larne, County Antrim. (Photo by ) Justin Kernoghan | PA Images via Getty Images Sporting legend Mo Farah has told CNBC that racism in sport “shouldn’t be tolerated” and educating the next
CNBC’s Jim Cramer on Thursday rewrote the rules about the risk behind stocks and bonds. The bond market, considered the safest place to park large sums of money, has ceded its position to some of the most recognizable names on the stock market, according to the former hedge-fund manager. “This year we’re witnessing the passing
Medical staff members treat a patient suffering from the coronavirus disease in the Covid-19 intensive care unit (ICU) at the United Memorial Medical Center (UMMC) on October 31, 2020. Go Nakamura | Getty Images News | Getty Images The number of new daily coronavirus cases recorded in the U.S. surpassed 100,000 for the time Wednesday,
A medical professional applies a nasal swab during testing at the Orange County Health Services Covid-19 drive-thru site at Barnett Park in Orlando, Fla., Thursday, October 29, 2020. Joe Burbank | Tribune News Service | Getty Images Cellular, or “T-cell,” immunity against Covid-19 is likely to be present within most adults six months after primary
Dr. Saulo Castellano labels a nasal swab sample inside a drive-thru COVID-19 testing site at the Alliant Energy Center complex, as the coronavirus disease outbreak continues in Madison, Wisconsin, October 31, 2020. Bing Guan | Reuters The United States reported 91,530 new coronavirus cases on Tuesday, the nation’s second-highest daily total as millions of voters
RealClearPolitics associate editor and columnist A.B. Stoddard broke down why the Biden campaign “has Sun Belt confidence” in an election night interview on CNBC’s “The News with Shepard Smith.” “The Biden camp has confidence in Georgia because of what Stacey Abrams managed to achieve when she ran for governor in 2018, just losing by 55,000
Cars sit in a dealership lot on the first day that dealerships are allowed to open to the public on May 20, 2020 in Linden, New Jersey. Spencer Platt | Getty Images The outcome of Tuesday’s presidential election between President Donald Trump and former Vice President Joe Biden is expected to have widespread impact on
A passenger wearing a facemask exiting the arrival hall at the Hong Kong International Airport terminal. Miguel Candela | SOPA Images | LightRocket | Getty Images SINGAPORE — The travel bubble between Hong Kong and Singapore could take effect within this month —and discussions are ongoing with other countries including Thailand and Japan, according to