In this article AMZN SBUX Starbucks Pickup with Amazon Go store in midtown Manhattan Source: Starbucks Starbucks is opening a pick-up cafe in midtown Manhattan with Amazon that uses the retail giant’s cashierless technology to attract busy consumers who want to buy coffee or snack quickly. The partnership with Amazon is the latest step in
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A monoclonal antibody Covid treatment from Vir Biotechnology and GlaxoSmithKline “stands up well” to all variants of the virus, Vir President and CEO George Scangos told CNBC’s “Power Lunch” on Wednesday. Scangos’ comments came after the two companies announced contracts to sell $1 billion worth of their antibody, sotrovimab, to the U.S. government. The Food
U.S. Treasury yields dipped on Wednesday morning, following strong economic data reports in the previous session. The yield on the benchmark 10-year Treasury note fell by less than a basis point to 1.625% at 4 a.m. ET. The yield on the 30-year Treasury bond edged slightly lower to 2.0157%. Yields move inversely to prices and
People shout slogans against the government as they arrive to the City Hall in protest of COVID-19 vaccine mandate in New York City, October 25, 2021. Eduardo Munoz | Reuters A federal appeals court with a GOP-appointed majority will decide the fate of President Joe Biden’s vaccine and testing requirements for private businesses, casting further
In this article LOW HD A customer partially wearing a mask at a store in Reston, Virginia, on Thursday, May 21, 2020. Andrew Harrer | Bloomberg via Getty Images Home Depot on Tuesday reported quarterly earnings and revenue that beat analysts’ revenue as customers spent more on home improvement projects. Shares of the company rose
US President Joe Biden reacts during a meeting on “the Build Back Better World (B3W)”, as part of the World Leaders’ Summit of the COP26 UN Climate Change Conference in Glasgow, Scotland, on November 2, 2021. Brendan Smialowski | AFP | Getty Images President Joe Biden on Monday signed a $1 trillion bipartisan infrastructure bill that
A man demonstrates the uSens Inc. Impression Pi virtual reality and augmented reality interactive device at CES Unveiled, a media preview event for CES International, Monday, Jan. 4, 2016, in Las Vegas. John Locher | AP The so-called metaverse has a “big time” investment case, according to Puerto Rican billionaire businessman Orlando Bravo. Bravo, co-founder
White House Chief of Staff Mark Meadows gestures as he walks back to the West Wing following an interview with FOX News outside the White House on October 25, 2020 in Washington, DC. Olivier Douliery | AFP | Getty Images Two days after failing to appear for a scheduled deposition in front of the select House
In this article AAPL Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference (WWDC) in San Jose, California, U.S., on Monday, June 4, 2018. David Paul Morris | Bloomberg | Getty Images The impact of Apple’s privacy change in April is beginning to show up on the balance sheets
In this article LUV A baggage handler pushes a bag near a Southwest Airlines airplane at Hollywood Burbank Airport in Burbank, California, October 10, 2021. Robyn Beck | AFP | Getty Images Southwest Airlines on Saturday offered its flight attendants new incentives aimed at avoiding more flight cancellations, particularly over the peak holiday period, amid
Gleb Budman, co-founder and CEO of Backblaze, center, appears in New York for the company’s Nasdaq debut on Nov. 11, 2021. Source: Backblaze Electric-vehicle maker Rivian Automotive, which has almost no revenue, dominated the headlines this week after raising close to $12 billion in its IPO and then watching its market cap swell past $105
In this article TSLA SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Shares of Tesla declined 15.4% for the week after CEO Elon Musk commenced with his plans to sell a huge block of his holdings this
The 10-year U.S. Treasury yield held above 1.57% on Friday morning, as investors continued to digest hotter inflation data. The yield on the benchmark 10-year Treasury note rose by less than a basis point to 1.5716% at 4:40 a.m. ET. The yield on the 30-year Treasury bond fell by less than a basis point to
The Lordstown Motors Corp. Endurance electric pickup truck sits on stage during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Commercial production and deliveries of Lordstown Motors‘ first product, an all-electric pickup called the Endurance, are once again being pushed back, the company said
Former President Donald Trump Yuri Gripas | Reuters A federal judge on Wednesday rejected former President Donald Trump’s emergency request to keep a slew of White House records out of the hands of lawmakers investigating the deadly Jan. 6 Capitol invasion. Trump’s legal team will now look to an appeals court to stop the National Archives
[The webcast is scheduled to begin at 4:45 p.m. ET. Please refresh the page if you do not see the player above.] Elon Musk’s SpaceX is planning to launch four astronauts to the International Space Station from Florida on Wednesday, as the company keeps up a steady pace of crewed missions. Known as Crew-3, the
Former U.S. President Donald Trump prepares to speak during the Conservative Political Action Conference CPAC held at the Hilton Anatole on July 11, 2021 in Dallas, Texas. Brandon Bell | Getty Images A federal judge on Tuesday rejected former President Donald Trump‘s attempt to block a bipartisan House select committee from obtaining White House records
In this article DNUT Doughnuts are sold at a Krispy Kreme store on May 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images Krispy Kreme‘s third-quarter revenue climbed 18%, boosted by higher prices on its fresh doughnuts, helping the chain offset rising commodity and labor costs. Shares rose more than 4% in extended trading