Business

Shoppers stand in line to enter a Foot Locker Inc. store at the Queens Center shopping mall in the Queens borough of New York, U.S., on Wednesday, Sept. 9, 2020. Peter Foley | Bloomberg | Getty Images Dividends and buyback programs are slowly returning, but for some companies, the reinstatement of capital return plans follows

Executive Director of the World Health Organization’s (WHO) emergencies program Mike Ryan speaks at a news conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Denis Balibouse | Reuters As the global death toll from the coronavirus approaches 1 million people, it’s “not impossible” to consider that number doubling if countries don’t uniformly work to

Gabriela Esparza and Zach Wu, wastewater control inspectors with EBMUD, cap 24 separate bottles while retrieving collection equipment and the samples in Oakland, Calif. on Tuesday, July 14, 2020. Paul Chinn | San Francisco Chronicle | Getty Images The Department of Health and Human Services is seeking bids from contractors that can carry out a

Trevor Milton CEO of Nikola Massimo Pinca | Reuters Nikola shares tumbled Thursday to a record low since the company’s public debut in early June after Wedbush downgraded the electric truck maker’s stock to underperform from neutral. Shares sank to as low as $16.15 before recovering and trading above $20 at midday. Recently, the stock was down

U.S. President Donald Trump speaks while hosting an event commemorating the repatriation of Native American remains and artifacts from Finland in the Oval Office of the White House in Washington, September 17, 2020. Kevin Lamarque | Reuters President Donald Trump will sign a series of executive orders aimed at protecting people with preexisting conditions and

A target store advertises for workers near its entrance in Encinitas, California, May 24, 2019. Mike Blake | Reuters Target said Thursday that holiday hiring will be in line with last year, but it is rethinking its approach to roles for those workers to adapt to  customers’ new shopping habits during the coronavirus pandemic. Twice as

Moncef Slaoui, the former head of GlaxoSmithKlines vaccines division, listens as U.S. President Donald Trump delivers remarks about coronavirus vaccine development in the Rose Garden of the White House on May 15, 2020 in Washington, DC. Dubbed “Operation Warp Speed,” the Trump administration is announcing plans for an all-out effort to produce and distribute a

Health workers treating patients with the coronavirus may be at the top of the line to get a vaccine once one is approved. But that’s not necessarily the obvious move.  The National Vaccine Advisory Committee met Wednesday for the first of a two-day public meeting on the Covid-19 pandemic, vaccine developments and a distribution plan

Dr. Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases, testifies before the Senate Health, Education, Labor and Pensions (HELP) Committee hearing on Capitol Hill in Washington DC on June 30, 2020 in Washington, DC. Kevin Dietsch | AFP via Getty Images White House coronavirus advisor Dr. Anthony Fauci told Congress on

Stitch Fix shares dropped by more than 14% in after-hours trading Tuesday as the company reported steep losses for the fiscal fourth quarter. Here’s how the company did during its fiscal fourth quarter ended Aug. 1 compared with Refinitiv estimates: Loss per share: 44 cents vs. 16 cents per share, expected Revenue: $443.4 million vs. $414.9

Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Nike‘s quarterly earnings and revenue trounced analysts’ estimates,

Erroneous and reversed coronavirus guidance from the nation’s top health agency amid reports of tampering from Trump administration officials is “deeply concerning” and could “ruin the credibility” of the agency, Dr. Scott Gottlieb told CNBC on Tuesday.  On Monday, the U.S. Centers for Disease Control and Prevention said it erroneously posted draft guidance on airborne transmission of

Nikola founder Trevor Milton agreed to forfeit up to roughly $166 million of equity as well as a two-year, $20 million consulting contract as part of his abrupt departure from the company he started. However, the EV executive gets to walk away with more than $3.1 billion in stock as part of a separation agreement reached over the weekend. Milton, who’s

TikTok logo displayed on a phone screen is seen with Walmart logo in the background in this illustration photo taken on September 21, 2020. Jakub Porzycki | NurPhoto | Getty Images Brick-and-mortar giant Walmart may seem like an odd match for TikTok, an algorithm-driven social platform known for hosting memes and viral dance challenges. But a

As trust in federal health agencies has withered over the last few months, a group of Black physicians has been working on an antidote: creating their own expert task force to independently vet regulators’ decisions about Covid-19 drugs and vaccines as well as government recommendations for curbing the pandemic. Organized by the National Medical Association — founded

Emmy Trophies Greg Doherty/Getty Images The 72nd Emmy Awards Sunday night promise to be an awards show like no other. The event, hosted by Jimmy Kimmel, won’t have an audience or a red carpet. Instead, nominees have been sent their own camera kit to broadcast live from their living rooms as Hollywood doles out trophies

Bill Gates CNBC Microsoft co-founder and global health philanthropist Bill Gates criticized the current state of the United States’ response to the Covid-19 pandemic on Sunday, including slow turnaround times for tests. Gates told “Fox News Sunday” that the access to fast testing is still inadequate more than six months into the pandemic and that

Harrison Barnes #40 of the Sacramento Kings drives to the basket during the game against the New Orleans Pelicans on August 6, 2020 at The HP Field House at ESPN Wide World Of Sports Complex in Orlando, Florida. Joe Murphy | National Basketball Association | Getty Images With his season over and some time to

A patient under respiratory assistance is escorted to the Strasbourg University Hospital by members of the medical staff of the SAMU-SMUR emergency services who wear protective suits and facemasks, in Strasbourg, on March 16, 2020 during a COVID-19 outbreak hitting Europe. Patrick Hertzog | AFP | Getty Images Some European countries, including the U.K. and

Always wanted to live abroad? Now may be your best chance. More countries are inviting travelers to trade their home offices for the opportunity to live and work abroad during the pandemic. Stanford University economist Nicholas Bloom estimates 42% of the U.S. labor force is now working from home full time. And workers may not