Bikes have been a hot ticket item during the Covid pandemic. In early 2020, bike stores struggled to keep up with the demand. Bicycle sales reached $1 billion in April, an increase of 75 percent from the previous year, according to market research company NPD Group. Major U.S. cities even adjusted to the demand. They
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The hot housing market during the coronavirus pandemic could heat up further if more homes are put up for sale, the CEO of real estate brokerage Redfin told CNBC on Monday. “If we see people get more comfortable letting others into their home, we’re going to see more inventory on the market, and that’s what will
Michael Newberg | CNBC Google has hesitated to take action against marketing practices by media conglomerate IAC that it deemed to be deceptive because of fears it would exacerbate its own antitrust scrutiny, The Wall Street Journal reported Sunday. Investigators inside Google found that IAC-made extensions for Google’s Chrome web browser offered some functions they
U.S. Department of Homeland Security Under Secretary Chris Krebs speaks to reporters at the DHS Election Operations Center and National Cybersecurity and Communications Integration Center (NCCIC) in Arlington, Virginia, U.S. November 6, 2018. Jonathan Ernst | Reuters WASHINGTON — The former head of the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency said Sunday
U.S. President-elect Joe Biden gestures to reporters as he arrives to announce nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. Leah Millis | Reuters If President-elect Joe Biden follows through on his campaign promise to forgive student loans to many borrowers, he’ll
A waitress serves guests as people dine outdoors in Pasadena, California, the only city in Los Angeles County still allowing that service on December 2, 2020. Frederic J. Brown | AFP | Getty Images Two regions in California, San Joaquin Valley and Southern California, have triggered the state’s new stay-at-home order after capacity in their
The cannabis market is having a bit of a heyday. Cannabis stocks as a whole have been on the rise since the U.S. election, with U.S. names such as Trulieve, TerrAscend and Green Thumb Industries climbing alongside Canadian heavyweights including Canopy Growth, Aphria and Village Farms. But there’s an important distinction to be made between
iPhone 11 Todd Haselton | CNBC Apple said on Friday that it will repair some iPhone 11 devices that don’t respond to touch. The affected devices were manufactured between November 2019 and May 2020, and the issue affects a “small percentage” of display modules, Apple said. The replacement program doesn’t cover other models, like the
Nurses display a ‘Stay Home’ sign on their vehicle during a car caravan of nurses calling for people to remain home amid a surge of COVID-19 cases in El Paso on November 16, 2020 in El Paso, Texas. Mario Tama | Getty Images The Centers for Disease Control and Prevention on Wednesday unveiled new quarantine
Aerial view of the Pentagon building photographed on Sept. 24, 2017. Bill Clark | CQ-Roll Call Group | Getty Images WASHINGTON — China’s largest chipmaker and national offshore oil and gas producer were added Thursday to a blacklist of alleged Chinese military companies, the Pentagon said in an evening statement. The Department of Defense designated a total of
Joachim Kuhn, chief executive officer of Vac-Q-Tec, looks at global distribution screens at the company’s factory in Wurzburg, Germany, on Wednesday, Nov. 18, 2020. Alex Kraus | Bloomberg | Getty Images IBM cyber security analysts on Thursday said they uncovered an email phishing scheme targeting global coronavirus vaccine supply chains, and urged cold-chain companies to
Medical staff members prepare to perform a percutaneous tracheostomy procedure on a patient in the COVID-19 intensive care unit (ICU) during Thanksgiving at the United Memorial Medical Center on November 26, 2020 in Houston, Texas. Go Nakamura | Getty Images More than 100,000 people are currently in hospitals across the U.S. sick with Covid-19, as
LA Private Investigator Lends Services and Financial Pledge to Help Find Sacred White Moose Poachers December 2nd 2020—Los Angeles, CA Poaching is illegal, but when a sacred animal to a local indigenous population is poached it is taken as an especially serious matter. After reading the distressing headlines, Andy Kay, Owner of Kay &
Slack co-founder and CTO Cal Henderson Source: Slack LONDON — Slack co-founder and chief technology officer Cal Henderson said Wednesday that he had his doubts about whether companies could work from home before the coronavirus pandemic. “I was definitely a remote work, like fully distributed work, skeptic prior to this year,” said Henderson, whose
Josh Tetrick, CEO of Eat Just, had at least one thing to be grateful for this Thanksgiving: Regulators in Singapore had issued the company the world’s first approval for its cultured meats. The decision paves the way for Eat Just, which is best known for its plant-based egg substitute, to sell its lab-grown chicken as
CEO and founder of U.S. Nikola, Trevor Milton attends a dinner held to presents its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy, December 2, 2019. Massimo Pinca | Reuters Ousted Nikola Chairman and founder Trevor Milton is the company’s largest shareholder with more than
The founders of GitLab, Dmitriy Zaporozhets and Sid Sijbrandij GitLab GitLab, a site that helps developers share and manage code, is letting some employees sell a portion of their equity in an offering that values the company at over $6 billion, according to people familiar with the matter. That’s more than double GitLab’s $2.7 billion
Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Salesforce’s deal to buy Slack is expected to be announced Tuesday after markets close, sources told CNBC’s David Faber. The deal