Business

Texas Governor Greg Abbott announces the US Army Corps of Engineers and the state are putting up a 250-bed field hospital at the Kay Bailey Hutchison Convention Center in downtown Dallas during a press conference at the Texas State Capitol March 29, 2020 in Austin, Texas. Tom Fox | Getty Images Texas is allowing more

Tonal in-home fitness. Source: Tonal Strength training start-up Tonal is attracting more venture-capital cash as investors bet that Americans will continue working out from home after the pandemic.  The San Francisco-based company announced a $110 million funding round on Thursday. Tonal executives did not disclose its new valuation, but people familiar with the deal said

Jets are parked on runway 28 at the Pittsburgh International Airport on March 27, 2020 in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Imageas Airline executives and labor unions on Wednesday again pushed for billions in additional federal aid as a ban on industry job cuts is set to expire in less than two weeks and

Brian Walker, CEO, Herman Miller Scott Mlyn | CNBC Check out the companies making headlines after hours Wednesday: Herman Miller — Shares of the office furniture builder jumped more than 14% on the back of better-than-expected results for the previous quarter. Herman Miller reported adjusted earnings per share of $1.24. Analysts polled by FactSet expected

Hurricane Sally made landfall Wednesday near Gulf Shores, Alabama, as a Category 2 storm, pushing a surge of ocean water onto the coast and dumping torrential rain that forecasters said would cause dangerous flooding from the Florida Panhandle to Mississippi and well inland in the days ahead. Moving at an agonizingly slow 3 mph, Sally

September’s early volatility may be no match for what comes after the presidential election. Wells Fargo Securities’ Michael Schumacher notes volatility is set to jump following the results — not recede. “Normally, you might think that it’s Election Day or Election Day plus one that is super volatile,” the firm’s head of macro strategy told CNBC’s

DJ O’Keefe, 12, and his sister Dallas O’Keefe, 13, both of Rochester, NY, pose for a photo with the Oscar Mayer Weiner Mobile at the annual Berkshire Hathaway shareholder meeting in Omaha, Nebraska, May 4, 2019. Scott Morgan | Reuters As Kraft Heinz tries to make its new customers stick around after the coronavirus pandemic, the company

Check out the companies making headlines before the bell: Nvidia (NVDA) — Shares of the chip stock rose in premarket trading after Needham raised its price target to a Street high of $700 per share from $600 per share. The Wall Street firm — which has a “buy” rating on Nvidia — said the company’s acquisition of Arm

General Motors conducted “appropriate diligence” regarding a $2 billion deal with electric vehicle start-up Nikola, GM CEO Mary Barra said Monday. Barra’s comments are a response to increased scrutiny of Nikola following fraud claims made last week by short-selling firm Hindenburg Research. Nikola on Monday disputed several of the claims but didn’t deny some of

Rhode Island Gov. Gina Raimondo. Barry Chin/The Boston Globe via Getty Images Minimum benefits Most states set a minimum unemployment benefit below $100 a week, which creates the conundrum for some workers. Rhode Island, for example, pays a minimum benefit of $53 per week. Gov. Gina Raimondo, a Democrat, signed an executive order temporarily raising

Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, March 25, 2020. Elijah Nouvelage | Reuters Delta Air Lines said Monday that it will borrow $6.5 billion backed by its frequent-flyer program, the third airline to tap

People walk by the New York Stock Exchange (NYSE) on May 18, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures rose on Sunday night after a sell-off in tech shares led to the market’s first back-to-back weekly declines in months. Dow Jones Industrial Average futures traded 158 points higher, or

Ashley, 3, and Ethan, 2, look at a burned bicycle after wildfires destroyed a neighbourhood in Bear Creek, Phoenix, Oregon, U.S., September 10, 2020. Carlos Barria | Reuters Dozens of major wildfires are burning through the U.S. West Coast, destroying hundreds of homes and wiping out entire neighborhoods in two towns in Oregon.  More than 3

Desiree Pierce cries as she visits her home destroyed by the Almeda Fire, Friday, Sept. 11, 2020, in Talent, Ore. “I just needed to see it, to get some closure,” said Pierce. John Locher | AP Historic wildfires are burning millions of acres and destroying homes in California, Oregon and Washington state, as officials brace for

Climbing Covid-19 cases among university students living in fraternity and sorority houses in the U.S. have threatened to overturn carefully crafted plans for returning students to campus, school officials say.  At the University of Tennessee,  Chancellor Donde Plowman called out fraternities Tuesday for hosting secret parties and giving others tips on how to avoid the

A photographer takes a picture of the thermometer reading 132 degrees Fahrenheit (55.5 Celsius) at the Furance Creek Visitors Station in Death Valley National Park, California, August 17, 2020. David Becker | Reuters The U.S. this summer has experienced stifling hot temperatures that have set all-time records and put millions of people under excessive heat