Senate Minority Leader Chuck Schumer (D-NY) speaks during a press conference on the coronavirus outbreak at the U.S. Capitol March 11, 2020 in Washington, DC. Schumer and other members of the Democratic caucus called for corporations and employers to offer paid sick leave to all employees following recommended health procedures. […]
CNBC
Photos show space company Firefly’s first rocket explode during launch above California
Firefly Aerospace’s Alpha rocket accelerates away from SLC-2 at Vandenberg Space Force Base on September 2, 2021. Andrew Evers | CNBC Space company Firefly launched its inaugural Alpha rocket on a cloudless Thursday evening over the California coast. The Alpha rocket took off from Vandenberg Space Force Base’s SLC-2 complex, […]
Black unemployment rises in August jobs report despite more job seekers
People walk wearing protective face masks by a closing store, as the global outbreak of the coronavirus disease (COVID-19) continues, in the Queens borough of New York, November 16, 2020. Shannan Stapleton | Reuters The miss on the headline jobs numbers was disappointing enough, but the August 2021 jobs report […]
Biden blames delta variant, unvaccinated people for weaker-than-expected jobs report
U.S. President Joe Biden delivers remarks on the end of the war in Afghanistan in the State Dining Room at the White House on August 31, 2021 in Washington, DC. Chip Somodevilla | Getty Images President Joe Biden on Friday blamed the coronavirus pandemic for a surprisingly weak jobs report, […]
Ford Chair Bill Ford’s vision of a greener auto industry, led by EVs, is finally on the horizon
Ford Chairman Bill Ford speaks May 19, 2021 during the unveiling of the electric F-150 Lightning pickup truck outside the automaker’s world headquarters in Dearborn, Mich. Ford DETROIT – A decade ago, Ford Motor was positioning itself to be a leader in electrified vehicles with new global models such as […]
Engine No. 1 takes climate fight to other big oil companies after underdog win at Exxon
A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Activist firm Engine No. 1 after winning three board seats at Exxon is meeting with other oil companies in its climate change fight, a source familiar told CNBC’s David Faber. The […]
U.S. stocks dip after big jobs report disappointment, Dow loses 100 points
Stocks fell slightly on Friday after the August jobs report came in short of expectations, showing the impact of the delta-fueled Covid resurgence. The Dow Jones Industrial Average fell about 100 points, or 0.3%. The S&P 500 was slightly negative, while the tech-heavy Nasdaq Composite rose about 0.1%. Nonfarm payrolls […]
Dr. Gottlieb says Northeast has yet to see ‘true delta wave,’ expects another Covid case spike
Dr. Scott Gottlieb on Friday predicted Northeastern states, including New York and Connecticut, will experience another jump in Covid cases tied to the highly transmissible delta variant. “I think there’s sort of a perception that we’re sort of through this delta wave here in the Northeast because we’ve seen delta […]
Apple delays its criticized plan to scan iPhones for child exploitation images
Silhouette of a mobile user seen next to a screen projection of the Apple logo in this picture illustration taken March 28, 2018. Dado Ruvic | Reuters After objections about privacy rights, Apple said Friday it will delay its plan to scan users’ photo libraries for images of child exploitation. […]
Didi jumps 14% this week amid report of Chinese government taking it over
Budrul Chukrut | LightRocket | Getty Images Shares of Didi are poised for double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take the troubled ride-hailing giant under state control by acquiring a stake through government-run firms. State-owned Beijing Tourism Group and other […]