Business

Walmart‘s hopes of owning a stake of TikTok may be dashed, but don’t expect the company’s interest in the viral video app to fade away. The company’s plan to buy the social media app’s U.S. operations with Oracle has been indefinitely shelved as the Biden administration reviews security concerns with Chinese tech companies, according to

GM CEO and chairman Mary Barra speaks during an “EV Day” on March 4, 2020 at the company’s tech and design campus in Warren, Mich., a suburb of Detroit GM General Motors is set to report its fourth-quarter earnings before the bell on Wednesday. Here’s what Wall Street is expecting, based on average analysts’ estimates

Alex Gorsky, Chairman and CEO of Johnson & Johnson, celebrates the 75th anniversary of his company’s listing on the floor at the New York Stock Exchange, September 17, 2019. Brendan McDermid | Reuters People may need to get vaccinated against Covid-19 annually, just like seasonal flu shots, over the next several years, Johnson & Johnson

Peter Ben Embarek and Marion Koopmans (R) arrive at a press conference to wrap up a visit by an international team of experts from the World Health Organization (WHO) in the city of Wuhan in China’s Hefei province on February 9, 2021. HECTOR RETAMAL | AFP | Getty Images An international team of scientists led

Jeff Bezos would owe about $2 billion a year in state income taxes under Washington’s proposed wealth tax, according to legislators. As part of an effort to reduce inequality and offset the state’s lack of an income tax, Washington state legislators are proposing a 1% levy on wealth over $1 billion. Lawmakers say the tax

Dose of the Oxford University/AstraZeneca COVID-19 vaccine is displayed from its box at the Princess Royal Hospital in Haywards Heath, West Sussex, Britain January 2, 2021. Gareth Fuller | Reuters Drugmaker AstraZeneca is racing to adapt its Covid-19 vaccine in the face of new variants of the virus, with the process becoming more urgent after

Prince, Beyonce and Lady Gaga performing in past Super Bowl Halftime shows. Getty Images This year’s Super Bowl may kickoff at 6:30 p.m. ET on Sunday, but for some the true entertainment starts at halftime. Since the very first Super Bowl in 1967, the championship football game has always included a halftime show. However, for

A woman receives a Pfizer COVID-19 vaccine at a vaccination center established at the Triton College in River Grove, Illinois, on February 3, 2021. Kamil Krzaczynski | AFP | Getty Images Dozens of states and cities are clawing back thousands of extra doses of Covid-19 vaccine that were meant to be used by CVS and

With more than 100 million viewers tuning in, some of the largest U.S. brands shell out millions of dollars every year for airtime during the Super Bowl. In years past, the likes of Doritos and T-Mobile have paid for multiple ads to run during the NFL championship game in the hopes of creating a splash

Director Woody Allen starts filming a new movie in San Sebastián on July 09, 2019. Europa Press News | Getty Images The story of Woody Allen’s notorious relationship with Mia Farrow and their family is set to be explored in a four-part documentary on HBO. Directed by Kirby Dick and Amy Ziering, Oscar-nominated documentarians, the

Florida, Fort Myers, Publix, supermarket Entrance. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) Jeff Greenberg | Universal Images Group | Getty Images In Florida, hundreds of neighborhood grocery stores have become a cornerstone of the state’s Covid-19 vaccination program. Publix was tapped by the governor’s office in early January to administer shots to

Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton‘s CEO is promising anxious customers who are still waiting on their cycles and treadmills that the company is working fast to offer clearer answers on when those might arrive. “We are

Artur Widak | NurPhoto | Getty Images Johnson & Johnson applied for an emergency use authorization from the Food and Drug Administration for its coronavirus vaccine after releasing data last week showing it was about 66% effective in protecting against the virus. If J&J’s application is approved, it would be the third Covid-19 vaccine authorized

Ken Frazier, Chairman and CEO, Merck & Co., speaks during a meeting of the Economic Club of New York, October 3, 2018. Brendan McDermid | Reuters The outspoken CEO of Merck, Ken Frazier, is retiring from the company effective June 30 after almost 30 years with the company, Merck announced on Thursday. A former attorney,

Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci speaks during a White House press briefing, conducted by White House Press Secretary Jen Psaki, at the James Brady Press Briefing Room of the White House January 21, 2021 in Washington, DC. Alex Wong | Getty Images There have been “no red

A man waits for pharmacist Joe Borge in Danvers, MA on Feb. 1, 2021. On the first day of Phase 2 of the COVID-19 rollout, seniors, 75 and over, get vaccinated in the Walgreens Pharmacy, at 107 High Street, in Danvers. Pat Greenhouse | Boston Globe | Getty Images The U.S. will increase its weekly

A woman wearing a facemas exits a Chipotle Mexican Grill restaurant with her takeout order on January 14, 2021 in Monterey Park, California. Frederic J. Brown | AFP | Getty Images Chipotle Mexican Grill is expected to report its fourth-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are

The first major snowstorm of 2021 is underway, with power outages hitting New Jersey, a state of emergency declared across 44 counties in New York state, and the largest recorded snowfall at Chicago O’Hare Airport since 2015. As of midday Monday, about 1,500 customers in New Jersey were without power, Gov. Phil Murphy said on

Close-up of Moderna vaccine at the Park County Health Department COVID-19 vaccination clinic for seniors 80 years and older on January 28, 2021 in Livingston, Montana. William Campbell | Getty Images Some health-care providers have been regularly holding back Covid-19 vaccine doses to ensure there will be supply when people come back to get their