A member of the medical staff treats a patient suffering from the coronavirus disease (COVID-19) at the Intensive Care Unit (ICU) of the Slany Hospital in Slany, Czech Republic, October 13, 2020. David W. Cerny | Reuters The World Health Organization said Friday that Europe‘s coronavirus outbreak is “concerning” as the number of available intensive
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The CEO of Kansas City Southern told CNBC on Friday he sees the company’s recovery from coronavirus business lows continuing for the rest of 2020, an optimistic sign for the broader U.S. economy. The railroad operator reported third-quarter earnings earlier in the day, posting revenues of $660 million that missed Wall Street estimates of $663
Armed protesters take part in an “American Patriot Rally,” organized on April 30, 2020, by Michigan United for Liberty on the steps of the Michigan State Capitol in Lansing, demanding the reopening of businesses. Jeff Kowalsky | AFP | Getty Images Michigan’s secretary of state on Friday banned the open carry of guns at polling
Used car sales are soaring all over the U.S., and companies from Autonation to CarMax, Carvana and Buffalo, New York-based used car start-up ACV Auctions are benefitting. Patrick T. Fallon | Bloomberg | Getty Images For at least a few weeks during the worst of the Covid-19 shutdowns, ACV Auctions faced a challenge no start-up
U.S. Democratic presidential candidate Joe Biden speaks during a campaign event at United Association (UA) Plumbers Local 27 in Erie, PA, October 10, 2020. Kevin Lamarque | Reuters Democratic presidential nominee Joe Biden warned campaign donors on Thursday that President Donald Trump is “going to throw everything but the kitchen sink at me” during the
A nurse gets ready to enter a room to take care of a patient infected with Covid-19 at the intensive care unit of the Lariboisiere Hospital of the AP-HP (Assistance Publique – Hopitaux de Paris) in Paris, on October 14, 2020. LUCAS BARIOULET | AFP | Getty Images European leaders are scrambling to put a
FDA Senior Advisor Dr. Janet Woodcock joins Meg Tirrell to talk monoclonal antibody treatments, Operation Warp Speed, and how to run better clinical trials. For more exclusive insights from our reporters and speakers, sign up for our Healthy Returns newsletter to get the latest delivered straight to your inbox weekly. And for a front row seat at CNBC Events,
Ron Baron, founder of Baron Capital, is a Tesla shareholder and a big believer in Elon Musk’s vision of the future. Baron believes Tesla can grow sales to $1 trillion in 12 years. Anjali Sundaram | CNBC Billionaire investor Ron Baron believes Tesla will be a $2 trillion company following shares of the Silicon Valley
CNBC’s Jim Cramer advised investors Tuesday to hold off on buying shares of cruise line operators, citing the continued uncertainty during the coronavirus pandemic. “It’s still too soon to speculate in the cruise stocks. Their domestic ships won’t start sailing again until December at the earliest, and I think there’s a good chance that gets
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C. Erin Scot | Pool | Reuters Health officials have struggled to convey the seriousness of Covid-19 to many Americans. President Trump’s rapid recovery from the disease, while welcome by
Peter Cade | Stone | Getty Images The world’s response to Covid-19 can “reshape the future of energy” for years to come, the International Energy Agency said Tuesday in its annual World Energy Outlook report. The IEA report underscored that most important of all is how the crisis will ultimately affect the transition to clean
An Amazon Prime package. Andrew Harrer | Bloomberg | Contributor A late Amazon Prime Day means an early start to the holiday shopping season this week. The annual shopping event has become a holiday in its own right, with July 15 — one of last year’s Prime Days — trailing behind only Cyber Monday and
Even as consumer spending slowed amid the coronavirus crisis, e-commerce sales have soared — and are about to go even higher, thanks to Amazon. Prime Day, which was originally slated for July but postponed due to the pandemic, starts at midnight PT (3 a.m. ET) on Tuesday, Oct. 13 and runs through Wednesday, Oct. 14. Over the course of
A pedestrian outside the New York Stock Exchange in New York, July 29, 2020. Wang Ying | Xinhua News Agency | Getty Images U.S. stock futures fell slightly on Sunday evening as investors prepared for a busy week of corporate earnings and monitored stimulus negotiations in Washington. Futures for the Dow Jones Industrial Average fell
Busch Gardens With caps on attendance and new coronavirus safety guidelines, including mandatory mask wearing and social distancing, theme parks have had to reimagine their Halloween festivities this year. The fall holiday has morphed into the single most important event for theme parks, Dennis Speigel, president of International Theme Parks Services, said. “A down Halloween
New Jersey Gov. Chris Christie fields questions at a wide-ranging news conference, March 3, 2016 at the Statehouse in Trenton, New Jersey. Jeff Zelevansky | Getty Images Former New Jersey Gov. Chris Christie was released from Morristown Medical Center on Saturday after testing positive for the coronavirus one week ago. “I am happy to let you
US Speaker of the House, Nancy Pelosi, Democrat of California, leaves after her weekly press briefing on Capitol Hill in Washington, DC, on October 8, 2020. Andrew Caballero-Reynolds | AFP | Getty Images House Speaker Nancy Pelosi on Saturday dismissed the Trump administration’s latest coronavirus stimulus offer, continuing complicated negotiations between Democrats and Republicans that have stretched out
CNBC’s Jim Cramer on Friday said it’s time to start taking hydrogen energy seriously as the technology emerges as a reliable alternative energy source. “If you want to speculate on a sexy long-term story, I’m bullish on hydrogen,” the “Mad Money” host said. Cramer has been skeptical of bullish trading activity in red-hot speculative stocks,
As lawmakers continue to negotiate another stimulus spending measure in Washington, CNBC’s Jim Cramer on Friday continued to recommend that investors put money into stocks of companies that can grow without additional fiscal help. Earlier Friday, the Trump administration, three days after President Donald Trump moved to punt the issue until after the election next
Ryan Tannehill #17 of the Tennessee Titans passes the ball in the first quarter against the Minnesota Vikings at U.S. Bank Stadium on September 27, 2020 in Minneapolis, Minnesota. Stephen Maturen | Getty Images This was expected. The National Football League is now experiencing a pandemic crisis sparked by Covid-19 outbreaks that started with the