Business

Cadillac Lyriq show car GM General Motors unveiled the Cadillac Lyriq crossover Thursday night as the “next chapter” for the American luxury brand and a “technology spearhead” for the automaker. The Lyriq is the first to debut with the automaker’s next-generation batteries and EV architecture. GM executives believe the technologies will rival, if not outperform,

Coronavirus relief bill discussions continue Thursday as Congressional Democrats and the White House negotiate legislation that would assist Americans amid the pandemic. After Wednesday’s negotiations yielded no agreement, the White House threatened to act on its own to provide coronavirus relief. The following data was compiled by Johns Hopkins University: Global cases: More than 18.8

A worker cleans cars at a Ford dealership in Beijing on July 6, 2018. GREG BAKER | AFP | Getty Images China’s economic growth indicators are lopsided, pointing to possible downside risks for the country in the second half of 2020 as it tries to recover from the coronavirus pandemic, an analyst said Thursday. “On

U.S. President Donald Trump speaks during a coronavirus disease (COVID-19) task force news briefing at the White House in Washington, July 30, 2020. Carlos Barria | Reuters President Donald Trump reiterated Wednesday that the coronavirus will “go away,” and he continued to push for schools to reopen since the virus “doesn’t have much of an

The global death toll from the coronavirus pandemic has now surpassed 700,000, with the U.S., Brazil and Mexico leading the world in total deaths, according to data from Johns Hopkins University. On Wall Street, Moderna reported a fivefold increase in its second-quarter revenue related to its work on a potential coronavirus vaccine. The company said it has

B&G Foods CEO Ken Romanzi told CNBC’s Jim Cramer Tuesday that he expects the company’s vast range of brands to retain a significant number of customers who were introduced to their food products during the pandemic. B&G, the holding company of Cream of Wheat, Ortega, Polaner, B&G Pickles, Green Giant and other brands, has been one of

Coronavirus relief talks are set to resume Tuesday after “productive” efforts to strike a deal left Democrats and Republicans with with outstanding sticking points. On Monday, President Donald Trump urged Americans to stay “vigilant” against the coronavirus as U.S. officials begin to see new “flare-ups,” including in states like Georgia, Mississippi, Tennessee, Oklahoma and Missouri. Trump also presented a

Ford CEO James Hackett reveals the company’s first mass-market electric car the Mustang Mach-E, which is an all-electric vehicle that bears the name of the companys iconic muscle car at a ceremony in Hawthorne, California on November 17, 2019. Mark Ralston | AFP | Getty Images Ford Motor CEO and President Jim Hackett will unexpectedly

Mika Manninen has been on the road for approximately 75% of 2020. As the CEO and co-founder of dairy-free yogurt brand Hälsa Foods, the Finnish native who now resides in Palm Beach, Florida, has taken 33 flights (including four abroad) and spent 160 nights in hotels in cities such as Los Angeles, Chicago, New York,

US President Donald Trump listens to Response coordinator for White House Coronavirus Task Force Deborah Birx (R) as she speaks during the daily briefing on the novel coronavirus, COVID-19, in the Rose Garden of the White House in Washington, DC, on March 30, 2020. Mandel Ngan | AFP | Getty Images President Donald Trump targeted Dr.

Russian President Vladimir Putin chairs a meeting on the situation with the spread of the COVID-19 coronavirus, including the development of vaccines, via a teleconference call at the Novo-Ogaryovo state residence outside Moscow on April 7, 2020. Alexey Druzhinin | Sputnik | AFP via Getty Images Russia is preparing to start a mass vaccination campaign

Lord & Taylor in New York. Richard Levine | Corbis | Getty Images Venerable U.S. retailer Lord & Taylor filed for Chapter 11 bankruptcy on Sunday, becoming the latest in a growing list of storied names to do so amid the ongoing coronavirus outbreak that has crippled the retail sector.  The company estimated both assets and liabilities

SpaceX’s Crew Dragon Endeavour spacecraft splashes down in the Gulf of Mexico with NASA astronauts Bob Behnken and Doug Hurley onboard on August 2, 2020. NASA TV SpaceX safely returned NASA astronauts Bob Behnken and Doug Hurley to Earth on Sunday afternoon, concluding a two month test that was historic for both the company and

Fifth Avenue is empty of traffic as people remain at home to stop the spread of the Coronavirus pandemic on March 31, 2020 in New York City. Noam Galai | Getty Images High-end handbag maker Valentino is suing to get out of its lease on Fifth Avenue in Manhattan, a vacated Barneys New York still

Rep. Raul Grijalva, D-Ariz. Bill Clark | CQ Roll Call | Getty Images Arizona Congressman Raul Grijalva tested positive for Covid-19, his office announced on Saturday. Grijalva, a Democrat whose district includes parts of the Phoenix and Tucson areas, as well as much of the state’s border region with Mexico, is self-isolating in the Washington,

A Starlink user terminal, which would connect consumers to the company’s satellite internet service. SpaceX SpaceX said Starlink, its nascent satellite internet service, has already seen “extraordinary demand” from potential customers, with “nearly 700,000 individuals” across the United States indicating they are interested in the company’s coming service. Due to the greater-than-expected interest, SpaceX filed

Students move out of their dorm at the University of Michigan on March 17, 2020 in Ann Arbor, Michigan. Gregory Shamus | Getty Images Hotels near college campuses are looking to students to fill vacant rooms as the coronavirus pandemic casts uncertainty over the fall semester and demand from travelers remains depressed. From Syracuse, New

Two games that came down to the last possession, and a telecast filled innovation, helped the National Basketball Association record an average 2.9 million viewers on its opening night on Thursday. The season was delayed due to the Covid 19 outbreak. Turner Sports’ broadcast of the Los Angeles Lakers’ 103-101 victory over the Clippers averaged

Adm. Brett Giroir, director of the U.S. coronavirus diagnostic testing, testifies during a Senate Health, Education, Labor and Pensions (HELP) Committee hearing on Capitol Hill in Washington, U.S., June 30, 2020. Kevin Dietsch | Reuters A report claiming the Trump administration scrapped plans for a national coronavirus testing strategy to make Democratic governors in some of

A coronavirus relief agreement in Congress remained in doubt early Friday, just as extended unemployment benefits are set to end and new economic data showed a U.S. economy buckling under the pandemic’s weight. The Commerce Department said gross domestic product from April to June plunged 32.9% on an annualized basis, the biggest quarterly plunge in activity