Business

Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters Tesla has reportedly started delivering locally-produced Model Y crossovers in China, marking another milestone for the electric carmaker in the world’s largest vehicle market. Deliveries of the China-produced crossover began Monday,

Employees working on a dry-type transformer production line at an electrical production factory in Haian, in eastern China’s Jiangsu province on Jan. 4, 2021. Stringer | AFP | Getty Images BEIJING — China is set on Monday to release official GDP figures for 2020, a year in which the world struggled to contain the coronavirus

Will Smith and Martin Lawrence star in “Bad Boys For Life.” Sony The studio with the highest box office haul in 2020 was one that delayed most of its film slate to 2021. After combing data from Comscore, Sony emerged as the top earner in a year marred by a global pandemic. The studio represented

Jen Van Santvoord rides her Peloton exercise bike at her home on April 07, 2020 in San Anselmo, California. Ezra Shaw | Getty Images When Joe Biden moves into the White House, he may have to leave part of his workout routine behind. The president-elect’s Peloton could be seen by the Secret Service as a

Justin Timberlake speaks during the Pepsi Super Bowl LII Halftime Show press conference February 1, 2018 in Minneapolis, Minnesota. Timothy A. Clary | AFP | Getty Images Coca-Cola and PepsiCo will not be promoting their namesake sodas with Super Bowl commercials this year. The decadeslong rivalry between the two cola brands is often put front

President-elect Joe Biden plans to use FEMA and the National Guard to build coronavirus vaccine clinics across the United States, according to new details of his Covid-19 vaccination plan released by his transition team on Friday. The Biden administration will also “quickly jumpstart” efforts to make the vaccines available at local pharmacies across the U.S.,

Employees store coffins, some marked with “infection risk” as others have “corona” scrawled in chalk, in the mourning hall of the crematorium in Meissen, eastern Germany, on January 13, 2021, amid the new coronavirus COVID-19 pandemic. cremation. Jens Schlueter | AFP | Getty Images The World Health Organization said Friday that coronavirus vaccines aren’t “silver

Elizabeth Olsen and Paul Bettany star as Wanda Maximoff and Vision in Marvel’s “WandaVision.” Disney “WandaVision,” Marvel’s first scripted series for Disney+, arrives on Friday, kicking off a stacked slate of interconnected superhero content. This new show centers around Wanda Maximoff (Elizabeth Olsen) and Vision (Paul Bettany), characters from the Marvel Cinematic Universe, who fell

Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. December 20, 2020. Paul Sancya | Reuters The Biden administration’s plan to release nearly every available dose of Pfizer and Moderna’s coronavirus vaccines to states shouldn’t cause any supply issues down the road, a

Moderna CEO Stephane Bancel Steven Ferdman | Getty Images The CEO of Covid-19 vaccine maker Moderna warned Wednesday that the coronavirus that has brought world economies to a standstill and overwhelmed hospitals will be around “forever.” Public health officials and infectious disease experts have said there is a high likelihood that Covid-19 will become an

Shoppers make their way through Grand Coastal Mall on Black Friday, as the coronavirus disease (COVID-19) pandemic continues, in Myrtle Beach, South Carolina, U.S., November 27, 2020. Micah Green | Reuters Procrastinating shoppers found they couldn’t avoid the mall during the holidays. A data analysis released this week by Placer.ai shows how shopper visits to

Shoppers with their Urban Outfitters shopping bags in Soho in New York Richard Levine | Corbis | Getty Images Urban Outfitters shares tumbled Tuesday after the apparel retailer reported disappointing holiday sales and announced its current chief executive is set to depart at the end of the month. Its stock dropped about 11% in after-hours

Renderings from GM of the “Cadillac halo portfolio” that includes concepts of an autonomous shuttle (right) and an electric vertical take-off and landing (eVTOL) aircraft, also known as a flying vehicle. Screenshot via GM Shares of General Motors hit a record high in intraday trading Tuesday after the automaker unveiled a new electric van and

A nurse prepares a syringe with the COVID-19 Moderna vaccine for a worker of the New York City Fire Department Bureau of Emergency Medical Services (FDNY EMS), amid the coronavirus disease (COVID-19) pandemic in New York, December 23, 2020. Carlo Allegri | Reuters Moderna doesn’t expect to have clinical trial data on its coronavirus vaccine

Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus attends a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland. Denis Balibouse | Reuters New, more contagious mutated variants of the coronavirus are “highly problematic” and could cause more cases and hospitalizations if the virus’ spread isn’t immediately suppressed, the

Moviegoers wear face masks in a screening hall at a cinema almost six months after its closure due to the coronavirus pandemic on July 24, 2020 in Beijing, China. China News Service | China News Service | Getty Images In a year marred by a deadly global pandemic, Japan’s box office set a new record.

Store signs from CVS, Rite Aid and Walgreens stores. Getty Images CVS Health, Walgreens and Rite Aid are getting ready to administer Covid vaccinations in the months ahead, and this effort will give the three largest drugstore chains a chance to show off the work that’s been underway to revamp their businesses and respond to

The new logo for General Motors is only its fifth major redesign since the autoamker was founded more than 110 years ago. Source: GM General Motors is changing its corporate logo as it launches a new marketing strategy focused on all-electric vehicles. It is only the fifth time the Detroit automaker has conducted a major