The new electric Hummer from General Motors will live up to the reputation of its predecessors for being capable and over the top but in different ways than the gas-guzzling vehicles that previously bore the name. The 2022 GMC Hummer EV, which the automaker unveiled Tuesday night, is big, bold and unapologetic – all things

The JCPenney store in the Queens Center Mall in the borough of Queens in New York. Richard Levine | Corbis | Getty Images J.C. Penney Chief Executive Jill Soltau said Tuesday that the bankrupt retailer expects to exit Chapter 11 ahead of the holiday season. The department store chain said in a news release that

A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, U.S., September 24, 2020. Marco Bello | Reuters Healthy, young people in the U.K. may soon be asked to volunteer to get deliberately exposed to Covid-19 as part of

President Donald Trump on Monday said the government’s top pandemic fighter Dr. Anthony Fauci is a “disaster” — and possibly an idiot — as he claimed that Americans are “tired of” Covid-19, even as the number of coronavirus cases continued spiking in much of the United States. “People are tired of Covid,” Trump said in

High earners in New York and California could face combined federal and state tax rates of 62% under Democratic presidential nominee Joe Biden’s tax plan, according to tax experts. While Americans earning less than $400,000 would, on average, receive tax cuts under Biden’s plan, the highest earners would face double-digit increases in their official tax

Like many large businesses, dairy company Arla Foods has grand plans to reduce its greenhouse gas emissions and the firm aims to be carbon net zero by 2050. Around 85% of Arla’s total emissions come from the co-operative of 10,000 farms it has across Europe, a combination of the methane and nitrous oxide from the

Bangladeshi worker works at a garment factory in Gazipur outskirts of Dhaka, Bangladesh, on March 6, 2020. Mehedi Hasan| NurPhoto | Getty Images SINGAPORE — The coronavirus outbreak has left the garment sector in Bangladesh reeling — and thousands of factory workers bore the brunt of it as their livelihoods were abruptly taken from them.

U.S. House Speaker Nancy Pelosi speaks during a press conference on Capitol Hill in Washington, D.C., the United States, on Oct. 9, 2020. Ting Shen | Xinhua News Agency | Getty Images House Speaker Nancy Pelosi has called on the Trump administration to reconcile remaining disputes on coronavirus stimulus legislation within 48 hours as lawmakers attempt

Senate Majority Leader Mitch McConnell (R-KY) walks to his office on Capitol Hill in Washington, September 10, 2020. Joshua Roberts | Reuters The Senate will vote on a $500 billion coronavirus stimulus bill on Wednesday, Senate Majority Leader Mitch McConnell said Saturday, as a larger bipartisan deal remains elusive despite continued talks between top Democrats

A patient arrives at the Emergency entrance to Maimonides Medical Center, as the spread of the coronavirus disease (COVID-19) continues, in the Borough Park neighborhood of Brooklyn, New York, U.S., October 14, 2020. Brendan McDermid | Reuters Colder temperatures are arriving in the Northern Hemisphere, and an insidious rise in new coronavirus cases in the

Melissa Leaston Director of nursing at Whittier Street Health Center swabs Steve Rose of Boston at a COVID testing site in Nubian Square on October 15, 2020 in Roxbury, Massachusetts. Matt Stone | MediaNews Group | Boston Herald via Getty Images The United States reported more than 69,000 new coronavirus cases on Friday, the highest

A member of the medical staff treats a patient suffering from the coronavirus disease (COVID-19) at the Intensive Care Unit (ICU) of the Slany Hospital in Slany, Czech Republic, October 13, 2020. David W. Cerny | Reuters The World Health Organization said Friday that Europe‘s coronavirus outbreak is “concerning” as the number of available intensive

The CEO of Kansas City Southern told CNBC on Friday he sees the company’s recovery from coronavirus business lows continuing for the rest of 2020, an optimistic sign for the broader U.S. economy. The railroad operator reported third-quarter earnings earlier in the day, posting revenues of $660 million that missed Wall Street estimates of $663

Armed protesters take part in an “American Patriot Rally,” organized on April 30, 2020, by Michigan United for Liberty on the steps of the Michigan State Capitol in Lansing, demanding the reopening of businesses. Jeff Kowalsky | AFP | Getty Images Michigan’s secretary of state on Friday banned the open carry of guns at polling

From birds that can fly for months on end to giant redwoods stretching hundreds of feet into the air, the natural world inspires awe and wonder. For thousands of years, humanity’s appreciation of nature has led to countless works of literature, art, and even innovations in design and engineering. Examples of the latter include the

Pandemic winners such as Zoom Video and Peloton will continue to be standouts until there is safe and effective coronavirus vaccine, CNBC’s Jim Cramer contended Thursday. The “Mad Money” host said that even though the pandemic is now in its seventh month, the stocks continue to have reasons to move to the upside. Other beneficiaries

A worker loads customer orders into a waiting tractor-trailer inside the million-square foot Amazon distribution warehouse that opened last fall in Fall River, MA on Mar. 23, 2017. John Tlumacki | Boston Globe | Getty Images Amazon said third-party sellers on its marketplace earned more than $3.5 billion during this year’s Prime Day shopping event,

SINGAPORE — Shares of Big Hit Entertainment, the music label of K-pop superstars BTS, soared as they made their market debut in South Korea on Thursday. Big Hit Entertainment’s stock opened at opened at 270,000 Korean won (approx. $236) per share on Thursday, according to Refinitiv Eikon. That was double the stock’s issue price of

A United Airlines airplane takes off at San Francisco International Airport. Gary Hershorn | Corbis News | Getty Images United Airlines on Wednesday posted a wider-than-expected third quarter loss as the coronavirus pandemic continued to hammer air travel demand, but the carrier trimmed its cash burn. Here’s how United performed compared with what Wall Street

Bill Gates worries about the implications of the baseless anti-vaxxer conspiracy theories targeting him and Dr. Anthony Fauci that have emerged during the coronavirus pandemic, telling CNBC they can erode confidence in public health strategies. In an interview that aired Wednesday on “Squawk Box,” Gates said the false claims about him and Fauci, the nation’s

Can preflight testing get people flying again? The International Air Transport Association (IATA) thinks so. Last month, the trade association, which represents some 290 airlines around the world, called for the “development and deployment of rapid, accurate, affordable, easy-to-operate, scalable and systematic” Covid-19 testing for all passengers as a way to restore passenger confidence, bypass

Source: Cue Health The U.S. is investing $481 million in California-based start-up Cue Health to boost manufacturing of its coronavirus test that produces results in about 20 minutes and without needing to be processed at a lab, U.S. agencies announced Tuesday. Cue, which is backed by Johnson and Johnson among other investors, will increase production

Mateusz Slodkowski | SOPA Images | LightRocket via Getty Images You’ve probably heard a lot about the best deals on Amazon Prime Day, which started at midnight PT (3 a.m. ET) on Tuesday and runs through Wednesday. But there are also certain items you likely want to hold off on purchasing during the sale period,

Southeast Asia, home to some of the most tourism-reliant countries in the world, is reeling from the coronavirus-induced global lockdowns — and many of the region’s travel industries are struggling to survive. Even though other regions like Europe have seen travel-related activities lifted, Southeast Asia’s borders have remained largely closed. The World Tourism Organization, a

An Amazon Prime package. Andrew Harrer | Bloomberg | Contributor A late Amazon Prime Day means an early start to the holiday shopping season this week.  The annual shopping event has become a holiday in its own right, with July 15 — one of last year’s Prime Days — trailing behind only Cyber Monday and

Prime Minister Jacinda Ardern speaks to media at a press conference ahead of a nationwide lockdown at Parliament on March 25, 2020 in Wellington, New Zealand. Hagen Hopkins | Getty Images Dr. Judy Melinek knew it was time to make a change when she started fear for her health and safety. While working as acting

SINGAPORE — Singapore has no domestic air travel market and “can’t wait around for a vaccine” before allowing more visitors to enter through international flights, the country’s transport minister said on Monday. The coronavirus pandemic has hit the global aviation industry hard, as many countries shut their borders and restricted travel to slow the virus

A pedestrian outside the New York Stock Exchange in New York, July 29, 2020. Wang Ying | Xinhua News Agency | Getty Images U.S. stock futures fell slightly on Sunday evening as investors prepared for a busy week of corporate earnings and monitored stimulus negotiations in Washington. Futures for the Dow Jones Industrial Average fell

A Wal-Mart Pickup-Grocery employee helps a customer at a test store in Bentonville, Arkansas. Rick Wilking | Reuters As big-box retailers throw their own sales events during Amazon Prime Day, expect to see them tout an asset that the e-commerce giant doesn’t have: numerous stores across the country where customers can quickly retrieve their online purchases.

US Speaker of the House, Nancy Pelosi, Democrat of California, leaves after her weekly press briefing on Capitol Hill in Washington, DC, on October 8, 2020. Andrew Caballero-Reynolds | AFP | Getty Images House Speaker Nancy Pelosi on Saturday dismissed the Trump administration’s latest coronavirus stimulus offer, continuing complicated negotiations between Democrats and Republicans that have stretched out