Coca-Cola on Friday announced it will be pausing paid advertising on all social media platforms globally for at least 30 days. The company clarified it was not joining the official boycott, but said “we are pausing” advertising. In the week since a group of organizations have called on Facebook advertisers to pause their ad spending during the
US News
Zachariah Reitano Courtesy of Roman While stuck at home during the pandemic, consumers are buying more Viagra, birth control, hair-loss treatments and many other medications over the internet. Ro is looking like one of the big winners. Ro, a start-up that says its product suite spans “diagnosis to delivery,” has reached record revenue for four
U.S. government debt yields fell on Thursday amid concerns of a resurgence in Covid-19 infections in the United States with California, Texas and Florida seeing record numbers of new cases. On the data front, there will be personal income, consumer spending and core PCE (personal consumption expenditure) prices at 8.30 a.m. ET, and consumer sentiment
Life Time Fitness CEO Bahram Akradi on Thursday said that the gym industry could see a “small degradation” as more people opt for at-home workouts, although gymgoers will still return to their clubs once Covid-19 restrictions are lifted. “I think that a small degradation is possible,” Akradi told CNBC’s “Squawk on the Street.” “While the workout
At around 2:25 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6741% and the yield on the 30-year bond was down at 1.4258%. Yields move inversely to prices. Hopes of a quick economic recovery from the coronavirus pandemic have been dampened by a surge in new cases across a number
A person walks by a closed Banana Republic store on June 11, 2020 in San Francisco, California. Economic worries due to the coronavirus COVID-19 pandemic continue as an additional 1.5 million people filed for first-time unemployment benefits in the past week. Justin Sullivan | Getty Images The California Department of Public Health reported its second
Ben & Jerry’s co-founders Ben Cohen (L) and Jerry Greenfield (R) serve ice cream following a press conference announcing a new flavor, Justice Remix’d, September 03, 2019 in Washington, DC. Win McNamee | Getty Images Ben & Jerry’s said on Tuesday that it will pause all paid advertising on Facebook and Instagram in the U.S.
US President Donald Trump boards Air Force One prior to departure from Joint Base Andrews in Maryland, June 23, 2020, as he travels to Arizona to view the border wall and speak at a Republican student event. Saul Loeb | AFP | Getty Images The Arizona Department of Health reported nearly 3,600 additional Covid-19 cases
U.S. government debt prices were slightly lower on Tuesday morning as investors monitored the prospects of imminent economic recovery. At around 2:10 a.m. ET, the yield on the benchmark 10-year Treasury note was fractionally higher at 0.7053% and the yield on the 30-year bond was up slightly at 1.4662%. Yields move inversely to prices. Risk markets
WatchOS 7 will have a timer that helps you wash your hands long enough. Apple It’s not as easy as it sounds to correctly wash your hands. Most people don’t scrub for long enough or wash them as frequently as they need to. Even health care professionals don’t sufficiently wash their hands, despite being aware
U.S. government debt prices were lower Monday morning as investors monitored a rise in new coronavirus cases across the U.S., jeopardizing hopes of a quick economic recovery. At around 2:20 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6921% and the yield on the 30-year bond fell to to 1.4569%. Yields
The Supreme Court delivered surprising wins to liberals this week in a pair of blockbuster decisions that forbade businesses from firing workers base on their sexual orientation or gender identity and halted the Trump administration’s efforts to end the Obama-era DACA program, which shields the young migrants known as “Dreamers.” But those on the left
A worker administers a test to a passenger at a drive-through site to collect samples for coronavirus disease (COVID-19) pandemic testing in Leesburg, Virginia, May 20, 2020. Kevin Lamarque | Reuters One of the components of contact tracing programs public health experts deem critical to controlling the Covid-19 outbreak includes finding and testing close contacts
The drug hydroxychloroquine, pushed by U.S. President Donald Trump and others in recent months as a possible treatment to people infected with the coronavirus disease (COVID-19), is displayed at the Rock Canyon Pharmacy in Provo, Utah, May 27, 2020. George Frey | Reuters The National Institutes of Health has halted its clinical trial of the anti-malaria drug hydroxychloroquine
Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images Tesla CEO Elon Musk tweeted late Friday that the company will have to postpone its annual shareholder meeting which was scheduled for July 7 due to the coronavirus outbreak. “We will have to postpone annual shareholder meeting, as
Arianespace’s rocket Vega lifts off from French Guiana on March 21, 2019. Arianespace A host of small satellites manufactured in the United States are set to launch on a rocket from South America on Saturday, in a mission that represents the foreign competition to U.S. rocket builders like SpaceX and Rocket Lab. The Vega rocket,
American Airlines Boeing 737-800 aircraft Nicolas Economou | NurPhoto via Getty Images American Airlines is temporarily banning a customer who was kicked off a flight in New York this week for refusing to wear a face mask on board, a requirement on major U.S. airlines that aims to curb the spread of Covid-19. American said crew asked traveler
A customer shops at Cliff’s Variety on June 16, 2020 in San Francisco, California. Justin Sullivan | Getty Images The U.S. economy has shown signs lately that it could be snapping back to life more quickly than many anticipated, but there’s still a long way to go. May’s burst of spending from consumers who had