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September 28, 2020
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Eco-Smart Company Keeps Landfills Free of Old Textile Fibers – Business

@BreaknNews
(NewsUSA) – You probably don’t think much about the fate of old, worn-out uniforms from restaurants, stores, healthcare facilities, sports teams, and other industries. But the fact is that many end up in landfills. However, one company is doing its part to lessen this carbon footprint by repurposing these old......
CNBC Business

Carvana shares surge 29% after company projects record quarter

CNBC
CNBC – For more and to sign up click here Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Shares of Carvana jumped after the online used car marketplace said it expects to set records in several categories during its third quarter, including total revenue and retail units sold. Shares were......
CNBC Business

TikTok deal puts U.S. owners in charge, but Chinese parent company still has some say

CNBC
CNBC – For more and to sign up click here Bytedance CEO and founder poses for a photograph in Beijing, China. Gilles Sabrie | Bloomberg | Getty Images Following the weekend’s announcement that Oracle will take a 12.5% stake in TikTok and run cloud services and security for the app,......
CNBC Business

Mark Cuban and Brooklyn Nets’ Wilson Chandler invest in skincare company co-founded by Kobe Bryant

CNBC
CNBC – For more and to sign up click here Former NBA basketball player Kobe Bryant attends a promotional event organized by the sports brand Nike, for the inauguration of the infrastructure improvements of a local basketball playground at the Jean-Jaures sports hall “Le Quartier”, in Paris on October 21,......
TMZ.com

Claudia Jordan Claims Wine Company Fired Her for Supporting Black Lives Matter

TMZ
Exclusive Claudia Jordan turned Just Peachy wine into a booming brand, then got left high and dry because she supports the Black Lives Matter movement … or so she claims in a new suit. The former ‘Real Housewives of Atlanta’ star is going after Biagio Cru and Estate Wines, because......
CNBC Business

Nikola shares open at lowest price since IPO after company founder Trevor Milton resigns

CNBC
CNBC – For more and to sign up click here Founder of Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy December 2, 2019. Massimo Pinca | Reuters Shares of Nikola  opened Monday......
CNBC Business

Unity prices IPO above range at $52, initially valuing game software company at $13.7 billion

CNBC
CNBC – For more and to sign up click here Unity CEO John Riccitiello speaks onstage during Day 1 of TechCrunch Disrupt SF 2018 at Moscone Center on September 5, 2018 in San Francisco, California. Steve Jennings | TechCrunch | Getty Images Video game software developer Unity priced its IPO......
Technology

The Search for Life on Venus Could Start With This Private Company

New York Times
Elon Musk wants to settle humans on Mars with his rocket company SpaceX. Amazon’s founder, Jeff Bezos, wants a trillion people living in space. But the chief executive of one private space company is approaching space exploration differently, and now aims to play a part in the search for life......
CBS US News

Pfizer CEO says company will know if vaccine works by end of October

CBS News
CBS News – For more and to sign up click here Washington — Albert Bourla, the head of pharmaceutical giant Pfizer, which is among the companies developing a coronavirus vaccine, said Sunday there is a “good chance” the company will know whether its vaccine works by the end of October.......
CNBC Business

Oracle’s stock jumps as company returns to growth

CNBC
CNBC – For more and to sign up click here Oracle CEO Safra Catz delivers a keynote address during the Oracle OpenWorld conference on September 17, 2019 in San Francisco. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. Justin Sullivan |......
CNBC Business

China’s Baidu is in talks to raise up to $2 billion to launch a stand-alone biotech company

CNBC
CNBC – For more and to sign up click here Robin Li, chief executive officer of Baidu. Nelson Ching | Bloomberg | Getty Images GUANGZHOU, China — Chinese internet search giant Baidu is in discussions with investors to raise up to $2 billion over three years for a new biotech......
CNBC Business

AstraZeneca shares drop 6% after company announces ‘routine’ safety pause in coronavirus vaccine trial

CNBC
CNBC – For more and to sign up click here AstraZeneca shares fell more than 6% in after-hours trading Tuesday after the company said its late-stage trial for a potential coronavirus vaccine had been put on hold due to safety concerns.  “This is a routine action which has to happen whenever......
CNBC Business

Airbnb spurns approach to go public through Bill Ackman’s blank-check company

CNBC
CNBC – For more and to sign up click here Bill Ackman Scott Mlyn | CNBC Billionaire investor William Ackman has approached short-term home rental company Airbnb about going public through a reverse merger with his blank-check company, according to people familiar with the matter. The discussions are currently not......
CNBC Business

DraftKings shares surge 16% after Michael Jordan joins betting company as board advisor

CNBC
CNBC – For more and to sign up click here Charlotte Hornets owner Michael Jordan responds to a question during a 2014 news conference at Time Warner Cable Arena in Charlotte, N.C. Jeff Siner | Charlotte Observer | Tribune News Service via Getty Images This is a developing story. Check......
CNBC Business

Kodak jumps 50% after D.E. Shaw discloses stake in the company

CNBC
CNBC – For more and to sign up click here LAS VEGAS, NEVADA – JANUARY 08: An attendee walks by the Kodak booth at CES 2019 at the Las Vegas Convention Center on January 8, 2019 in Las Vegas, Nevada. CES, the world’s largest annual consumer technology trade show, runs......
CNBC Business

Canada to purchase 76 million doses of Novavax coronavirus vaccine, company says

CNBC
CNBC – For more and to sign up click here Dr. Nita Patel, Director of Antibody discovery and Vaccine development, lifts a vial with a potential coronavirus, COVID-19, vaccine at Novavax labs in Gaithersburg, Maryland on March 20, 2020, one of the labs developing a vaccine for the coronavirus, COVID-19.......
Food Business News

Nestle to acquire food allergy prevention company

FoodBusinessNews
VEVEY, SWITZERLAND – Nestle SA has entered into an agreement to acquire Aimmune Therapeutics, Inc., Brisbane, Calif., for $2.6 billion. Aimmune Therapeutics develops and commercializes treatments to prevent food allergies. “This transaction brings together Nestle’s nutritional science leadership with one of the most innovative companies in food allergy treatment,” said......
CNBC Business

Activist sets sights on another health-care company with break-up potential

CNBC
CNBC – For more and to sign up click here A man wearing a protective mask sits on top of the Charging Bull sculpture near Wall St. amid the coronavirus pandemic on April 19, 2020 in New York City, United States. Alexi Rosenfeld | Getty Images Company: Evolent Health Inc.......

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