Business

Residents wait in line to be vaccinated at a mass COVID-19 vaccination center set up in a parking lot outside of the United Center, home to the Chicago Bulls and Blackhawks, on March 10, 2021 in Chicago, Illinois. Scott Olson | Getty Images The United States on Friday topped 100 million Covid-19 vaccine doses administered,

A closed sign hangs on the door with a view of the empty restaurant during the coronavirus pandemic on April 14, 2020 in New York City. Rob Kim | Getty Images Last March, restaurant sales sharply fell after governors banned in-person dining and consumers began working through their glut of stockpiled groceries. But after several

If Hollywood were to address racial inequities in the film and TV industry, annual revenue could rise by 7%, or about $10 billlion, according to the findings of a new study from McKinsey. The consulting firm’s research found that Black-led stories are underfunded and undervalued. “A complex, interdependent value chain filled with dozens of hidden

The Nike logo is seen on the Nike store on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike has laid out a five-year roadmap to creating a more diverse and inclusive workforce, the company announced Thursday, as corporate America is increasingly being held accountable for their values

US President Joe Biden speaks on the production of the Covid-19 vaccine in the South Court Auditorium, next to the White House, in Washington, DC, on March 10, 2021. Mandel Ngan | AFP | Getty Images President Joe Biden said he will announce the “next phase” of the U.S. Covid-19 response during his primetime address

Cure Hydration founder and CEO Lauren Picasso had to come up creative ways to get the company’s fruit-flavored products into shoppers’ baskets because of the pandemic. Cure Hydration Cure Hydration’s lucky break came at a strange time. Walmart, CVS and Amazon-owned Whole Foods began carrying the start-up’s fruit-flavored hydration powder during the pandemic. Yet boxes

Boeing sold 82 aircraft in February and logged 51 cancellations, marking the first time since November 2019 that monthly sales outpaced scrapped orders. The Covid-19 pandemic continues to weigh on sales of new planes as airlines largely try to conserve cash wherever they can. Some carriers, however, are starting to prepare for a recovery in

Elizabeth Olsen and Paul Bettany star as Wanda Maximoff and Vision in Marvel’s “WandaVision.” Disney Disney+ has topped 100 million global subscribers. On Tuesday Disney CEO Bob Chapek revealed the streaming service surpassed the benchmark in just 16 months since its launch. “The enormous success of Disney+, which has now surpassed 100 million subscribers, has

The world needs to ramp up efforts to combat Covid-19 — and countries must not let their guard down, the World Health Organization’s chief scientist warned Monday as coronavirus cases around the world surge. “We’re at a very risky period,” said Dr. Soumya Swaminathan of the World Health Organization. “We need to double down, this is

Things are looking up for the domestic box office. In recent months, ticket sales have been accelerating, a sign that moviegoers are ready to return to theaters. Encouraged by the trend, some studios have moved up release dates. Over the weekend, ticket sales reached an estimated $25 million, which would be the best showing since

A customer lights a joint at Lowell Farms, America’s first official Cannabis Cafe offering farm-to-table dining and smoking of cannabis in West Hollywood, California, October 1, 2019. Mike Blake | Reuters Virginia is close to becoming the first Southern state to get a tax revenue high as it moves to legalize recreational weed. A bill

Volkswagen’s ID Buzz vehicle. Aeva Volkswagen is accelerating its plans for all-electric vehicles in a bid to become “the world’s most desirable brand for sustainable mobility,” a title arguably already owned by Tesla. The German automaker Friday morning said more than 70% of its Volkswagen brand’s European sales will be EVs by 2030, up from

Detroit Mayor Mike Duggan rejected an initial allotment of the single-shot Johnson & Johnson Covid-19 vaccine this week, according to the Michigan state health department. At a press briefing Thursday, Duggan confirmed he declined this week’s allocation of J&J vaccines from the state, citing sufficient supply of Pfizer and Moderna vaccines to cover demand from

Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing CEO Dave Calhoun was awarded $21 million in total compensation for his work last year, but he gave up $3.6 million in salary and bonuses after the coronavirus pandemic hit and devastated the industry. He took just $269,231 of his $1.4 million salary for the

Patrons Sari and Peter Melendez enjoy lunch at Katz’s Delicatessen, the famous deli founded in 1888, on the first day of the return to indoor dining for New York City, during the coronavirus disease (COVID-19) pandemic, in New York, February 12, 2021. Brendan McDermid | Reuters Easing mask mandates and reopening restaurants have led to

An employee at Anthropologie at Fashion Island greets customers at the store in Newport Beach, CA on Tuesday, May 26, 2020. Paul Bersebach | MediaNews Group | Orange County Register via Getty Images Some of us are saying “so long” to sweat pants. In the final week of February, seven of the top 10 selling

Louis Conforti, CEO of the Washington Prime Group, on CNBC’s Mad Money. Source: CNBC The U.S. shopping mall owner Washington Prime Group is preparing to potentially file for Chapter 11 bankruptcy protection, with time running thin before the company defaults after it skipped an interest payment on its debt, Bloomberg reported Thursday. Last month, Washington