Business

People wearing protective face masks, following an outbreak of the coronavirus, are seen in front of the Giant Olympic rings at the waterfront area at Odaiba Marine Park in Tokyo, Japan, February 27, 2020. Athit Perawongmetha | Reuters Arthur L. Caplan is the founding head of the Division of Medical Ethics at NYU School of

After being the epicenter of a devastating second wave, India’s wealthiest state is already taking steps to prepare for a possible third wave, according to its tourism and environment minister. The western state of Maharashtra, home to India’s financial capital Mumbai, has so far reported more than 5.4 million cases, including over 82,000 deaths from

A Boeing logo sits on the fuselage of a Boeing 787-9 Dreamliner aircraft, produced by Boeing Co., as it stands on display prior to the opening of the Farnborough International Airshow in Farnborough, U.K., on Sunday, July 13, 2014. Simon Dawson / Bloomberg Two key House Democrats are seeking records from Boeing and the Federal

In this article GNRC Generac CEO Aaron Jagdfeld told CNBC Monday that the backup power generator company expects to benefit from the adoption of 5G wireless technology. “We think that that’s a space that is going to grow tremendously over the next five years,” he said in an interview with Jim Cramer on “Mad Money.“

A family waits inside an ambulance with a patient who tested positive for COVID-19 ,for admission at a hospital in Kolkata, India, on 10 May 2021. Debarchan Chatterjee | NurPhoto | Getty Images The world’s attention is now on India, the epicenter of the global pandemic as the country battles a deadly second wave of

Waiving intellectual property protections for Covid-19 vaccines will not help to address the global supply shortage, the co-founder of a Massachusetts-based biopharmaceutical company told CNBC. The push for patent waivers is “political theater” and does not inherently allow others to create safe and effective vaccines, which are already very difficult to make, said Jake Becraft,

A patient and paramedics outside ambulances at the Royal London Hospital in London, during England’s third national lockdown to curb the spread of coronavirus. Picture date: Thursday January 21, 2021. Yui Mok – PA Images | PA Images | Getty Images LONDON — The coronavirus variant that first emerged in India could become the dominant

EXETER, ENGLAND – MARCH 18: A sign is displayed in the window of a high street bookmakers listing the cancelled sports events on March 18, 2020 in Exeter, England. Dan Mullan/Getty Images LONDON — Since the onset of the coronavirus pandemic, gambling companies in Britain have increasingly looked to shore up and expand their online

A health worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at the Senja-Cashew Community Centre Vaccination Centre in Singapore on March 8, 2021. Wei Leng Tay | Bloomberg | Getty Images SINGAPORE — Singapore has approved the use of the Pfizer-BioNTech coronavirus vaccine for children aged 12 to 15, authorities announced on Wednesday. Previously,

The Lamborghini 2020 EVO RWD. Robert Frank | CNBC Italian supercar maker Lamborghini announced Tuesday that it will launch a fully-electric car in the second half of the decade. Presenting a transformation program, Lamborghini, owned by German firm Volkswagen, laid out “a roadmap to the decarbonization of future Lamborghini models and of the Sant’Agata Bolognese site,”

Coronavirus has rocked the nation with a year of restrictions, lockdowns, missed gatherings and events, isolation and a staggering loss of more than half a million American lives. As the pandemic stretches into a second year, Americans struggling with increased rates of depression, anxiety, and insomnia are looking for mental health support, and providers are

In this article AZN-GB Ursula von der Leyen, European Commission president. Bloomberg | Bloomberg | Getty Images LONDON — European Commission President Ursula von der Leyen said it herself: “The start was tough.” The European Union has had a bumpy Covid-19 vaccine rollout. The campaign has prompted complaints that regulators were too slow to approve

In this article FB QS U.S. President Joe Biden speaks about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, March 31, 2021. Jonathan Ernst | Reuters The CEOs of three companies in the electric vehicle and semiconductor industries reacted Thursday to President Joe

In this article M AMZN KSS WMT TGT MAC Macerich’s Paradise Valley Mall in Phoenix, AZ. Google Earth The future of the suburban shopping mall could look something like a mini community, with far fewer places to shop. The U.S. mall owner Macerich announced Thursday it’s sold a majority stake in Paradise Valley Mall in Phoenix

In this article GM General Motors employees work on the assembly line at the Fairfax Assembly & Stamping Plant in Kansas City, Kansas. Jim Barcus for General Motors General Motors CFO Paul Jacobson is “increasingly confident” the automaker will hit its earnings targets for the year despite a global shortage of semiconductor chips that’s forced

In this article 6758.T-JP Paul Simon performs onstage during The Nearness Of You Benefit Concert at Frederick P. Rose Hall, Jazz at Lincoln Center on January 20, 2015 in New York City. Ilya S. Savenok | Getty Images Entertainment | Getty Images Sony Music Publishing announced Wednesday that it acquired Paul Simon’s entire song catalog,

In this article PG GIS SJM KMB Huggies on display at an Albertson’s grocery store in Dallas, Texas. Jason Janik | Bloomberg | Getty Images Kimberly-Clark said Wednesday that it would hike prices on staples like Scott toilet paper and Huggies diapers, joining the growing list of consumer products companies that are raising prices. Higher

In this article ZE594-CN Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese electric car company BYD is feeling the hit of rising battery material costs. Backed by U.S. billionaire Warren Buffett, the automaker announced

CNBC’s Jim Cramer said Tuesday he was skeptical about the latest exchange-traded fund launched by Cathie Wood’s Ark Invest. “One look at the newly launched ARK Space Exploration ETF tells you everything you need to know about how managers can’t resist creating new funds, even if there’s no reason for them to exist,” Cramer said

SpaceX The latest SpaceX prototype of its Starship rocket was destroyed during a landing attempt after a clean launch on Tuesday. The company’s livestream of the flight test froze as the rocket came in to land, and thick fog around SpaceX’s facility in Texas made it difficult for witnesses to see what happened. Starship prototype