Business

Aston Martin has come a long way since it was featured as James Bond’s weapon-laden sports car in the movie “Goldfinger.” It makes some of the world’s most envied and admired vehicles, but that isn’t helping it financially. Mounting losses, falling sales and the devastating impacts of the coronavirus, which has rocked the global economy
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Coronavirus clinical trials from drug giants Johnson & Johnson and Eli Lilly hit a snag this week after safety monitors halted them over bad reactions from participants. J&J said Monday it paused the late-stage trial of its coronavirus vaccine candidate after a participant reported an “adverse event.” Less than 24 hours later, Eli Lilly said its
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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 Democrats in the House and Republicans in the Senate expressed opposition Saturday to President Donald Trump’s $1.8 trillion coronavirus stimulus offer, further
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Luke Hutchison said he signed up to a coronavirus vaccine trial because he’s “pro science” Luke Hutchison Luke Hutchison woke up in the middle of the night with chills and a fever after taking the Covid-19 booster shot in Moderna’s vaccine trial. Another coronavirus vaccine trial participant, testing Pfizer’s candidate, similarly woke up with chills, shaking so
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House Speaker Nancy Pelosi speaks during a press conference on Capitol Hill on Sept. 10, 2020. Ting Shen/Xinhua via Getty Images House Speaker Nancy Pelosi on Sunday said another coronavirus stimulus plan is possible as House Democrats try to forge ahead on a smaller aid package costing about $2.4 trillion, roughly $1 trillion less than their initial
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AstraZeneca‘s late-stage coronavirus vaccine trial in the U.S. remains on hold as federal investigators seek “answers to important questions” over its safety for patients, Health and Human Services Secretary Alex Azar told CNBC on Wednesday.   Global clinical trials for AstraZeneca’s Covid-19 vaccine, called AZD1222, were placed on hold Sept. 6 after one of the participants in the
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This back-to-school season is like no other for many reasons. And that makes preparing for it especially challenging. As of a recent tally, a little more than half of U.S. elementary and high school students will attend school only virtually this fall, although changes are announced daily. As a result, families have delayed many traditional back-to-school purchases.
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Scott Gottlieb, former Commissioner of the FDA Adam Jeffery | CNBC Dr. Scott Gottlieb, former FDA chief under President Donald Trump, said on Sunday that the new guidance from the Centers for Disease Control and Prevention to not test asymptomatic people for Covid-19 was  “unfortunate” because those people could be at high risk of contracting the infection.  “We should
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Customers wearing face masks shop at a Walmart on July 15, 2020 in Washington, D.C. Sha Hanting | China News Service via Getty Images Walmart said Tuesday second-quarter earnings got a boost as shoppers rushed in to spend their stimulus checks, while its online business continued to surge during the pandemic. Walmart’s e-commerce sales in
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The Trump administration on Thursday weakened Obama-era regulations designed to reduce climate-warming methane gas emissions from oil and gas fields.  The Environmental Protection Agency’s new rule, which has been in progress for over a year, would eliminate federal requirements for oil and gas companies to monitor and repair methane leaks from pipelines, storage facilities and
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States are taking differing approaches to reopening and closing during the pandemic, and the economy has been feeling the impact. More than half of the states have instituted statewide mask mandates to slow the spread of the coronavirus. Some state and local jurisdictions have capped bar hours to limit large groups gathering. Schools are in the limelight
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A Southwest Airlines Boeing 737-700 (LN2318) on final-approach after a pre-delivery test flight at dusk. aviation-images.com | Universal Images Group via Getty Images The Federal Aviation Administration on Friday instructed airlines to inspect some stored Boeing 737 planes for corrosion that could lead to engine shutdowns as hundreds of aircraft remain idled because of a drop
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An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines on Wednesday warned about 25,000 front-line employees — roughly 29% of its U.S. mainline workforce — that they could be furloughed this fall, the latest carrier to prepare staff
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Prostitutes in Germany are demanding the right to get back to work as the country’s brothels remain closed due to the coronavirus pandemic. Approximately 400 prostitutes and brothel operators from across Germany demonstrated in the red light district of Hamburg on Saturday, Germany news agency Deutsche Welle reported Sunday.  Prostitution is legal and regulated in Germany
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