Business

Robert Redfield, director of the Centers for Disease Control and Prevention (CDC), speaks during a House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., July 31, 2020. Erin Scott | POOL | Reuters The Centers for Disease Control and Prevention on Friday reversed controversial coronavirus testing guidance, which previously said that people who
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Global cases of the coronavirus have now crossed 30 million, as new infection rates remain stubbornly high in some countries and show early signs of resurgence in others. The U.S., India and Brazil hold the highest national case tallies — together the three countries account for over half of all reported global infections. The dramatic benchmark
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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
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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
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2020 will chronically be marked as one of the weirdest times in fashion history. Suddenly, all Fashion weeks and fashion shows were canceled. Clothing stores were locked up tight. There wasn’t a glimmer of sparkle to be found anywhere, yet the fashion industry continues to thrive in the minds and hearts of everyone thanks to
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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
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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
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