Chinese and U.S. flags outside the building of an American company in Beijing, China January 21, 2021. Tingshu Wang | Reuterss BEIJING — Many U.S. companies in China are still finding it harder to operate in the country compared with their Chinese counterparts in the U.S., the American Chamber of Commerce in China said in
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Centers for Disease Control and Prevention Director Dr. Rochelle Walensky defended the agency’s Covid-19 mask guidance policies amid widespread criticism from lawmakers and health officials. “These issues are complex, the science is evolving, the science is moving, and we are following the science each and every day and our guidance is evolving as the science
In this article DPZ Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge fund manager Bill Ackman said his Pershing Square built a 6% stake in Domino’s Pizza, swapping out its Starbucks bet. Ackman revealed his hedge fund sold Starbucks after the coffee chain’s swift rebound from the
France’s the Cote d’Azur. Frédéric Soltan | Corbis News | Getty Images LONDON — The European economy looks like it will shine a little brighter this year. The European Commission presented Wednesday a more upbeat assessment of how the 27 economies will perform this year, citing an improved vaccination campaign and the expectation that EU-wide
U.S. stock futures were little changed in overnight trading on Tuesday after the Dow’s worst day since February. Dow futures fell 30 points. S&P 500 futures dropped 0.12% and Nasdaq 100 futures slipped 0.14%. On Tuesday, technology stocks fell but eventually recovered, spurring selling in the broader market. The Dow Jones Industrial Average lost 473
In this article MRNA PFE Dr. Rochelle Walensky, U.S. President-elect Joe Biden’s appointee to run the U.S. Centers for Disease Control and Prevention (CDC), listens as Biden announces nominees and appointees to serve on his health and coronavirus response teams during a news conference at his transition headquarters in Wilmington, Delaware, December 8, 2020. Kevin
Joggers run along the Bund across from the Lujiazui Financial District in Shanghai, China, on Saturday, April 10, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s once-a-decade census showed that the national population of the mainland was 1.41 billion people as of Nov. 1, 2020. The average annual growth rate was 0.53%
In this article PFE 22UA-DE National Institutes of Health Director Dr. Francis Collins described the Food and Drug Administration’s emergency use authorization of Pfizer and BioNTech‘s Covid vaccine for kids aged 12 to 15 as “a big deal” in America’s push to reopen. “This is exciting news,” said Collins. “We know that a million-and-a-half adolescents
Check out the companies making headlines before the bell: Marriott (MAR) – Marriott earned an adjusted 10 cents per share for the first quarter, beating the 3 cent consensus estimate, with the hotel operator’s revenue very slightly below forecasts. Marriott said it was seeing a rebound in demand as more people receive Covid-19 vaccinations. Shares fell 1.2%
In this article 22UA-DE Vials of the Pfizer-BioNTech Covid-19 vaccine at the Sun City Anthem Community Center vaccination site in Henderson, Nevada, U.S., on Thursday, Feb. 11, 2021. Roger Kisby | Bloomberg | Getty Images SINGAPORE — BioNTech announced Monday it will set up its Southeast Asia headquarters in Singapore, and will build a manufacturing
Michael Nagle | Bloomberg | Getty Images Futures contracts held steady at the start of the overnight session Sunday evening, suggesting that the major U.S. equity indexes could trade at or near records when regular trading opens in New York. Dow futures gained 35 points, while those linked to the S&P 500 rose 0.1%. Nasdaq
A new charity venture is bringing music to the ears of underprivileged children in Bali. We spoke to founders Rhonda Swan and Ryan Whitewolf about Heart Strings Project. Hi Ryan and Rhonda. Can you tell us about your initiative, how it came about and what it hopes to achieve? Rhonda: The Heart Strings Project is a vision created
A woman wearing a protective face mask buys a bunch of flowers from a stall in Columbia Road flower market in east London on Mother’s Day, March 22, 2020. Daniel LEAL-OLIVAS | AFP | Getty Images This Mother’s Day, it’s more likely to be breakfast in bed, not an opulent buffet. Even though consumers are
Packages containing a Green Dot Corp. prepaid Mastercard Inc. debit card and Visa Inc. debit card, left, are arranged for a photograph in Washington, D.C., U.S., on Thursday, Feb. 15, 2018. Andrew Harrer | Bloomberg | Getty Images Another corporation is leaving California. Green Dot, a fintech firm and biggest U.S. provider of prepaid debit
Jason Wallace (C), director of the District of Columbia’s Commission on Fathers, Men, and Boys, gets a little emotional support from DC Office of Nightlife and Culture Director Shawn Townsend (L) and Deputy Mayor John Falcicchio (R) as he gets a shot of the Johnson & Johnson coronavirus vaccine from DC Health Nurse Kendria Brown
Samuel Corum/Bloomberg via Getty Images At least 7 million people likely qualify for tax refunds on unemployment benefits received last year, a new report suggests. The American Rescue Plan, which President Joe Biden signed in March, waived federal tax on up to $10,200 of jobless benefits, per person, collected in 2020. Taxpayers qualify if their
In this article NUE CNC PENN DKNG The latest round of corporate earnings reports has demonstrated the importance of staying true to comprehensive stock analysis while not overreacting to the initial move in share price, CNBC’s Jim Cramer said Friday. “You can’t presume something’s wrong just because a stock sells off in response to earnings,
In this article ARKK Cathie Wood, CEO and founder of ARK Invest. CNBC Cathie Wood, founder of Ark Invest, said Friday that the pullback in technology stocks is not a cause for concern, and that her long-term bets will continue to move higher. “I love this set up,” she said Friday on CNBC’s “Closing Bell.”