Business

Illinois Gov. J.B. Pritzker Brian Cassella | Chicago Tribune | Tribune News Service via Getty Images) Illinois Governor J.B. Pritzker said states have been forced to compete in a “sick Hunger Games”-like competition for personal protective equipment and other supplies needed to fight the coronavirus pandemic without a strong federal response. Pritzker, a Democrat, told

The denim maker Levi Strauss & Co.‘s sales fell 62% during its fiscal second quarter, the company announced Tuesday, as its online sales weren’t enough to make up for its stores being temporarily shut for roughly 10 weeks during the Covid-19 crisis.  Consumers by and large have shifted away from tight pants and denim, opting

A man gets tested for coronavirus at a COVID19 testing center on July 7, 2020 in Austin, Texas. Sergio Flores | Getty Images Texas reported more than 10,000 additional Covid-19 cases Tuesday, a record-breaking daily surge as the state responds to a growing outbreak and an increase in hospitalizations.  The Texas Health and Human Services

Junior’s Cheesecake owner Alan Rosen told CNBC on Monday that restaurants would be in serious financial trouble if they have to reopen then close back down due to the coronavirus pandemic.  “This opening and closing could be the death knell of restaurants in this country,” Rosen said on “Power Lunch.” ”When people are buying up food, then

The average age of new coronavirus patients has dropped by roughly 15 years compared with only a few months ago as the coronavirus reignites in America’s Sun Belt, White House health advisor Dr. Anthony Fauci said Monday. Fauci, director of the National Institutes of Allergy and Infectious Diseases, said during a Q&A discussion with Dr. Francis

1. Dow to build on last week’s momentum In the week ahead, initial jobless claims Thursday will continue to be a key gauge of how renewed Covid-19 closures and delays in business reopenings in some state hot spots might impact the nascent economic recovery. Continuing claims in last week’s report rose by 59,000 to 19.3 million,

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 Thursday told staff it has more than 20,000 employees it doesn’t need for its reduced fall schedule as the carrier and its competitors face weak demand for air

Las Vegas casino owner Derek Stevens said Thursday that although social distancing protocols are limiting the amount of people inside his casinos, sales in June were higher than a year ago.  “What’s really surprising is actually our slot numbers, our table numbers, are up, and in some areas up dramatically,” Stevens said on CNBC’ “Squawk

Justin Paget | Getty Images Children diagnosed with Covid-19 pediatric multisystem inflammatory syndrome, or PMIS, may develop new neurological problems without any of the respiratory issues commonly associated with the virus, according to a study published Wednesday in the Journal of the American Medical Association.  Researchers examined 27 children with Covid-19 PMIS, who were previously healthy, between

The worst of the U.S. coronavirus outbreak will end by January either with a vaccine or because enough people in the country will have already been infected and have some immunity to it, former Food and Drug Administration Commissioner Dr. Scott Gottlieb told CNBC on Thursday. The restrictions and guidance implemented to curb the spread

2021 Dodge Durango SRT Hellcat Fiat Chrysler Fiat Chrysler is purifying its Dodge performance brand by increasing the offerings of its muscle cars and Durango SUV, while discontinuing a minivan and crossover for the 2021 model year. The automaker unveiled Thursday a new “Hellcat SRT” model of the 2021 Durango SUV, which it is calling

Moderna‘s stock fell by as much as 9.4% in midday trading Thursday after a report said the biotech company’s late-stage trial for a potential coronavirus vaccine will be delayed, possibly by a few weeks. The company, which is working with the National Institutes of Health, was expected to begin a phase 3 trial with 30,000 participants for

People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | Getty Images The list keeps getting longer.  Governors in Michigan, Florida, Texas, California, Colorado and Arizona are closing thousands of bars again ahead of the Fourth of July weekend as Covid-19

A worker cleans the floor in a McDonald’s restaurant in the Chicago Loop on March 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images McDonald’s is pausing its U.S. reopening plans for 21 days as coronavirus cases spike across the country. States like Michigan, Colorado and Florida have been responding to the recent surge

JetBlue plane makes a flyover of New York City as a tribute to health care workers and first responders, as it seen from Weehawken in New Jersey on May 7, 2020. Kena Betancur | AFP | Getty Images JetBlue Airways and the labor union that represents the airline’s pilots have reached an agreement that avoids furloughs

A traveler wearing a protective mask walks through Ronald Reagan National Airport (DCA) in Arlington, Virginia, U.S., on Tuesday, June 9, 2020. Andrew Harrer | Bloomberg | Getty Images Checking temperatures at airports might not be the best way to weed out travelers with Covid-19, the head of the Transportation Security Administration said Tuesday. TSA

Top federal health officials told lawmakers Tuesday the U.S. needs a more unified national response and funding for public health funding if the country faces another pandemic.  The U.S. is now reporting nearly 40,000 new coronavirus cases every day — almost double from about 22,800 in mid-May — driven largely by outbreaks in a number of states

Lululemon is acquiring the in-home fitness company Mirror for $500 million, the retailer announced Monday, marking its first acquisition with a bet that more people are going to be pivoting to exercise at their homes.  Lululemon shares were up almost 4% in after-hours trading.  Following the closing of the deal, Mirror will run as a standalone

Texas Governor Greg Abbott ordered bars to be closed by noon on June 26 and for restaurants to be reduced to 50% occupancy. Sergio Flores | AFP | Getty Images Governors in Washington, California, Florida and Texas are walking back some of their reopening plans as coronavirus cases rise in more than 30 states across

Co-director of the intensive care unit at CommonSpirit’s Dignity Health California Hospital Medical Center, Dr. Zafia Anklesaria, 35, who is seven months pregnant, attends to a COVID-19 patient in the hospital where she works, during the coronavirus disease (COVID-19) outbreak, in Los Angeles, California, U.S., May 18, 2020. Lucy Nicholson | Reuters Coronavirus cases are

Multiple states are experiencing a spike in Covid-19 cases amid the ongoing coronavirus pandemic, sparking controversy over whether people should be required to wear masks in public to help slow the spread of the virus. States like Florida, Georgia and Texas, which do not have statewide mask mandates, hit record highs in their average number of

There’s just a handful of interventions proven to curb the spread of the coronavirus. One of them is contact tracing, and “it’s not going well,” White House health advisor Dr. Anthony Fauci said Friday.  Contact tracing occurs when trained personnel contact infected people to investigate where they might have been infected and who they might have

A worker wearing a protective mask cleans a table in front of a pizza restaurant in San Francisco, California, U.S., on Monday, June 15, 2020. David Paul Morris | Bloomberg | Getty Images San Francisco Mayor London Breed said in a tweet Friday that the city will temporarily delay its planned reopening for Monday, which included

Dr. David Callender, CEO of Memorial Hermann Health System in Houston, told CNBC on Friday that its hospitals continue to have adequate capacity despite Texas’ growing coronavirus outbreak.  “We actually still think we have plenty of capacity to meet the demand for Covid, as well as non-Covid patients” Callender said on “The Exchange.” “We’re always busy

Mary Barra, chief executive officer of General Motors Co. (GM), left, and Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles NV, center, listen during a news conference outside the White House after a meeting with U.S. President Donald Trump, not pictured, in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images General Motors is

Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Even Nike, often lauded as one of the strongest

Getty Images Movie theater owners may be eager to reopen their screens to the public, but health experts aren’t convinced that it’s time to head back to cinemas. Coronavirus cases in the U.S. have not slowed. In fact, the country reported more new Covid-19 cases on Wednesday than any single day before. Nearly half of

A woman puts on a protective mask as is instructed by Miami-Dade County Social Distancing Ambassadors as beaches are reopened with restrictions to limit the spread of the coronavirus disease (COVID-19), in Miami Beach, Florida, U.S., June 10, 2020. Marco Bello | Reuters As coronavirus outbreaks surge in several states across the country, public officials

Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus speaks during a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland. Denis Balibouse | Reuters Coronavirus outbreaks in the Americas haven’t reached their peak yet as the number of Covid-19 cases globally near 10 million, the World Health Organization warned

States with growing coronavirus outbreaks might not need to shut down again like many did in March, but they might need to consider pausing or rolling back stages of reopening, White House coronavirus advisor Dr. Anthony Fauci said Tuesday. Fauci specifically cited Texas, Arizona, Florida and other states with “a serious problem” as places that