Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. Aly Song | Reuters This could be Elon Musk’s moment, or at least when his vision of mass use of electric cars finally takes hold. A new report by Cairn Energy Research Advisors,
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Reading, PA – May 8: Major Joy Mudge, left, and Kristy Kushner, right the Director of Social Services, helps to organize boxes ready for distribution. During a food distribution at the Salvation Army location on South 5th Street in Reading, PA Friday afternoon May 8, 2020. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)
A pilot walks by United Airlines planes as they sit parked at gates at San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | Getty Images United Airlines on Friday said it’s planning to cut 13 of its 67 officers in an effort to save money as the coronavirus continues to
Wine store employees catalog a new shipment of alcohol on May 28, 2020 in New York City. Government guidelines encourage wearing a mask in public with strong social distancing in effect as all 50 states in the USA have begun a gradual process to slowly reopen after weeks of stay-at-home measures to slow the spread
U.S. President Donald Trump speaks to reporters after he received a 2020 hurricane season briefing during the coronavirus disease (COVID-19) outbreak in Washington, May 28, 2020. Jonathan Ernst | Reuters President Donald Trump announced Friday that the United States will cut ties with the World Health Organization. “China has total control over the World Health
View of New York Stock Exchange, Wall Street on March 23, 2020 in New York City. Angela Weiss | AFP | Getty Images This is a live blog. Please check back for updates. 7:23 am: Stock futures fall as Trump news conference looms Stock futures fell slightly on Friday morning as traders awaited a news
Shoppers walk out with full carts from a Costco store in Washington, DC, on May 5, 2020. Nicholas Kamm | AFP | Getty Images Costco saw sales grow in the fiscal third quarter, as it benefited from customers buying huge packs of toilet paper, cases of bottled water and other bulk items during the coronavirus pandemic
Businesses Team-Up & Donate to Nonprofits in Need The COVID-19 crisis has hit many small businesses in the pocket, and many are scrambling to make it through this unheralded time of recent history. Businesses may be suffering, but it seems that small non-profits, particularly those who assist the less fortunate, are more seriously suffering. Recently,
People walk by a Dollar Tree store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images News | Getty Images Here are the companies making headlines in midday trading: HP Inc. — Shares of the tech company plunged more than 11% after it reported lower-than-expected revenue for
Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Abercrombie & Fitch‘s sales tanked 34% during the first quarter, the company announced Thursday, as its stores were forced shut during the coronavirus pandemic, and people purchased less apparel as they were holed
A major market shift is forming as the economy begins to reopen: Value stocks are gaining popularity over growth names, including technology. But according to Oppenheimer Asset Management’s John Stoltzfus, that doesn’t mean the winners will automatically become losers. The market bull sees technology as a vital part of the economic fight to function amid
Governor of New York Andrew Cuomo shows his masks during a press conference at the New York Stock Exchange (NYSE) on May 26, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images New York Gov. Andrew Cuomo told Republican lawmakers on Wednesday to “stop abusing” states that have born
The EU flags are seen in front of the Berlaymont, the EU Commission headquarter on May 19, 2020, in Brussels, Belgium. Thierry Monasse The European Commission has unveiled plans for a 750 billion euro ($826.5 billion) recovery fund as the region faces the worst economic crisis since the 1930s. The announcement came after France and
An empty road leads into a deserted Disney resort after it was closed due to the COVID-19 pandemic in Kissimmee, Florida on May 5, 2020. Daniel Slim | AFP | Getty Images Check out the companies making headlines after the bell. Tractor Supply Company — The farm supplies retailer’s stock shot up 7% in extended
SUE WONG is a study in contrasts. She appears petite, yet possesses a commanding presence and grand energy that fills an entire room. While there is power and strength in her designs, there is a romantic fantasy and poetic lyricism that informs her work. The elegant economy of her gestures belies the strength and determination
Brazil is on course to become the country with the world’s second-highest number of coronavirus infections later on Friday, as President Jair Bolsonaro faces intensifying pressure for his handling of the epidemic. At present, the U.S. has recorded by far the highest number of Covid-19 infections worldwide, with 1.5 million reported cases and nearly 95,000
The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Markets surged today as promising details of a potential COVID-19 vaccine were released and more European countries gradually re-opened after months of lockdown. Spencer Platt | Getty Images Stocks futures opened higher in overnight trading Monday to
More than 5.2 million people in the world have contracted the coronavirus, which has spread to at least 188 countries and regions world-wide. The global death toll currently stands at 337,572, according to data compiled by Johns Hopkins University. Brazil on Saturday briefly had the second-highest number of reported cases in the world — after the