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July 13, 2020
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Lacking passengers, regional airline Mesa Air to start flying DHL cargo

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CNBC – For more and to sign up click here A pilot steps down from a newly launched DHL Boeing 737-200 freighter din Kuala Lumpur. Jimin Lai | AFP | Getty Images Airlines are increasingly turning to air cargo as many passengers opt to forgo flights because of the coronavirus......
CNBC Business

Hong Kong Disneyland to close July 15 as coronavirus cases spike

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CNBC – For more and to sign up click here A locked gate is seen after the Hong Kong Disneyland theme park has been closed, following the coronavirus outbreak in Hong Kong, China January 26, 2020. Tyrone Siu | REUTERS Hong Kong Disneyland will once again shutter its gates after......
CNBC Business

Goldman Sachs announces its first sports endorsement with PGA Tour golfer Patrick Cantlay

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CNBC – For more and to sign up click here Patrick Cantlay of the United States plays his shot from the 18th tee during the final round of the Workday Charity Open on July 12, 2020 at Muirfield Village Golf Club in Dublin, Ohio. Sam Greenwood | Getty Images In......
CNBC Business

EV start-up Fisker to go public through merger with Apollo-backed firm at combined value of $2.9 billion

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CNBC – For more and to sign up click here Fisker Inc. officially revealed the Fisker Ocean all-electric luxury crossover at CES 2020 in Las Vegas. Electric vehicle start-up Fisker is expected to go public through a merger with a company backed by private equity firm Apollo Global Management with......
CNBC Business

Chipotle will test cauliflower rice as consumers cut grains out of their diets

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CNBC – For more and to sign up click here Chipotle Mexican Grill’s Cilantro-Lime Cauliflower Rice Source: Chipotle Mexican Grill Chipotle Mexican Grill will test cauliflower rice as more consumers cut grains out of their diet. Consumers will be able substitute cauliflower rice in place of white or brown rice at......
CNBC Business

Coronavirus updates: Pfizer, BioNTech vaccine candidates get ‘fast track’; Germany aims to avoid second wave

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CNBC – For more and to sign up click here Pfizer, BioNTech’s vaccine candidates get FDA ‘fast track’ German biotech firm BioNTech and U.S. pharmaceutical company Pfizer announced that two of their vaccine candidates were granted “fast track” status by the U.S. Food and Drug Administration. The companies said in a......
CNBC Business

Pfizer, BioNTech’s coronavirus vaccines get FDA’s ‘fast track’ status

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CNBC – For more and to sign up click here Albert Bourla, Pfizer Gian Ehrenzeller | Keystone | AP Two experimental coronavirus vaccines by German biotech firm BioNTech and U.S. pharmaceutical giant Pfizer have received the U.S. Food and Drug Administration’s ‘fast track’ designation, the companies said on Monday. The vaccines, BNT162b1......
CNBC Business

PepsiCo revenue falls 3% as pandemic hits beverage sales

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CNBC – For more and to sign up click here Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Monday reported that its quarterly revenue fell as fewer consumers bought its drinks at restaurants or convenience stores amid the coronavirus......
CNBC Business

Chipmaker Analog Devices to buy Maxim Integrated in an all-stock deal worth $21 billion

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CNBC – For more and to sign up click here U.S. semiconductor maker Analog Devices said on Monday it offered to buy Maxim Integrated Products, an industry peer, for $20.91 billion in an all-stock deal. Under the terms, Maxim stockholders will receive 0.630 of a share of Analog Devices stock......
CNBC Business

Chipmaker Analog Devices is in advanced talks to buy Maxim Integrated, sources say

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CNBC – For more and to sign up click here U.S. semiconductor maker Analog Devices is in advanced talks to acquire Maxim Integrated Products, an industry peer that has a market capitalization of $17.1 billion, people familiar with the matter said on Sunday. The acquisition would expand Analog Devices’ offerings......
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China is stepping into global leadership vacuum as U.S. struggles with coronavirus, says Kevin Rudd

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CNBC – For more and to sign up click here The global leadership vacuum during the coronavirus crisis is an “open door” for China to walk through, said Kevin Rudd, president of the Asia Society Policy Institute. The former Australian prime minister said the U.S. has presented an opportunity for Beijing......
New York Post

Chef Daniel Boulud’s ‘terrance’ thrives despite limited outdoor seating

NYPost
Daniel Boulud reopened his five-star eatery on the Upper East Side last week — and nobody could complain that the atmosphere was stuffy. The legendary chef was busy tending to 10 tables, generously spaced apart on the sidewalk in front of his Michelin-starred restaurant Daniel at 60 E. 65th St.......
New York Post

Bump stock maker seeks compensation from Las Vegas massacre victim fund

NYPost
The maker of the now-banned gun accessory that worsened the Las Vegas massacre has filed a little-noticed court motion that threatens to wipe out a $1.1 million fund set aside for the victims’ families, The Post has learned. Slide Fire Solutions — the defunct manufacturer of the controversial “bump stock”......
CNBC Business

Here are five charts illustrating the U.S. economic amid the coronavirus pandemic

CNBC
CNBC – For more and to sign up click here As states take differing approaches to re-opening and closing, some parts of the economy continue to see improvement from the start of the pandemic while others continue to struggle. Some states have instituted mask mandates and other measures, such as......
CNBC Business

Florida reports more than 15,000 new coronavirus cases, shattering record

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CNBC – For more and to sign up click here Healthcare workers wait for patients at the COVID-19 drive-thru testing site at the Duke Energy for the Arts Mahaffey Theater on July 8, 2020 in St. Petersburg, Florida. Octavio Jones Florida reported 15,299 confirmed coronavirus cases in a single day......
CNBC Business

Mueller speaks out on Stone clemency: ‘He remains a convicted felon, and rightly so’

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CNBC – For more and to sign up click here Former Special Counsel Robert Mueller testifies before the House Permanent Select Committee on Intelligence on Capitol Hill on Wednesday July 24, 2019 in Washington, DC. Melina Mara | The Washington Post | Getty Images Former special counsel Robert Mueller sharply......
CBS US News

Shortage of coins in circulation causes concerns for small businesses and consumers

CBS News
CBS News – For more and to sign up click here There is a shortage of coins in circulation as many businesses are no longer accepting cash as payment. But some experts warn that the emerging trend can be harmful for smaller businesses and low-income consumers who rely on coin......
CNBC Business

Bill Gates warns against coronavirus vaccine going to highest bidder — ‘We’ll have a deadlier pandemic’

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CNBC – For more and to sign up click here Bill Gates delivers a speech at the fundraising day at the Sixth World Fund Conference in Lyon, France, on October 10, 2019. Nicolas Liponne | NurPhoto | Getty Images Microsoft founder Bill Gates on Saturday said that COVID-19 medication and......
CNBC Business

Attorney General Barr told Trump he shouldn’t grant Roger Stone clemency

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CNBC – For more and to sign up click here Attorney General William Barr listens as United States President Donald J. Trump, unseen, speaks in the Rose Garden of the White House in Washington, D.C., U.S., on Tuesday, June 16, 2020. Stefani Reynolds | Bloomberg | Getty Images Attorney General......

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