Used car sales are soaring all over the U.S., and companies from Autonation to CarMax, Carvana and Buffalo, New York-based used car start-up ACV Auctions are benefitting. Patrick T. Fallon | Bloomberg | Getty Images For at least a few weeks during the worst of the Covid-19 shutdowns, ACV Auctions faced a challenge no start-up
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Golden State Warriors Coach Steve Kerr is one of 40 coaches in the NBA offering virtual coaching services. Source: eCoach As sports of all levels have been disrupted due to the coronavirus pandemic, there is a growing demand by athletes around the world looking for training resources to keep their skills sharp. On Thursday, virtual
An engineer shows an experimental vaccine for the COVID-19 coronavirus that was tested at the Quality Control Laboratory at the Sinovac Biotech facilities in Beijing. Nicolas Asfouri | AFP | Getty Images The Centers for Disease Control and Prevention said coronavirus vaccines may not be recommended for children if and when they are first available.
The coronavirus has sparked a revolution in education, pushing schools and institutions online and driving new demand for e-learning apps. One among them is ELSA, an artificial intelligence (AI)-powered language platform designed to help non-native English learners improve their speech and pronunciation via short, app-based lessons. Under the pandemic, the Google-backed company — which uses
FDA Senior Advisor Dr. Janet Woodcock joins Meg Tirrell to talk monoclonal antibody treatments, Operation Warp Speed, and how to run better clinical trials. For more exclusive insights from our reporters and speakers, sign up for our Healthy Returns newsletter to get the latest delivered straight to your inbox weekly. And for a front row seat at CNBC Events,
Ron Baron, founder of Baron Capital, is a Tesla shareholder and a big believer in Elon Musk’s vision of the future. Baron believes Tesla can grow sales to $1 trillion in 12 years. Anjali Sundaram | CNBC Billionaire investor Ron Baron believes Tesla will be a $2 trillion company following shares of the Silicon Valley
An employee works on a display ahead of Black Friday at a Walmart store in Chicago, November 20, 2018. Kamil Krzaczynski | Reuters For shoppers who can’t part with Black Friday traditions, Walmart said Wednesday that it still plans to have in-store events featuring deep discounts. Yet the holiday sales days will come with pandemic-related
Eli Lilly’s late-stage trial of its leading monoclonal antibody treatment for the coronavirus has been paused by U.S. health regulators over potential safety concerns, the company confirmed to CNBC. “Safety is of the upmost importance to Lilly. We are aware that, out of an abundance of caution, the ACTIV-3 independent data safety monitoring board (DSMB)
Jakub Porzycki | NurPhoto | Getty Images Johnson & Johnson‘s late-stage coronavirus vaccine was paused after one of its participants reported an “adverse event” about 36 hours ago, the company’s chief financial officer said Tuesday. The pause will allow the data and safety monitoring board to thoroughly investigate the unexplained illness, CFO Joseph Wolk said
Peter Cade | Stone | Getty Images The world’s response to Covid-19 can “reshape the future of energy” for years to come, the International Energy Agency said Tuesday in its annual World Energy Outlook report. The IEA report underscored that most important of all is how the crisis will ultimately affect the transition to clean
An Amazon Prime package. Andrew Harrer | Bloomberg | Contributor A late Amazon Prime Day means an early start to the holiday shopping season this week. The annual shopping event has become a holiday in its own right, with July 15 — one of last year’s Prime Days — trailing behind only Cyber Monday and
Prime Minister Jacinda Ardern speaks to media at a press conference ahead of a nationwide lockdown at Parliament on March 25, 2020 in Wellington, New Zealand. Hagen Hopkins | Getty Images Dr. Judy Melinek knew it was time to make a change when she started fear for her health and safety. While working as acting
A pedestrian outside the New York Stock Exchange in New York, July 29, 2020. Wang Ying | Xinhua News Agency | Getty Images U.S. stock futures fell slightly on Sunday evening as investors prepared for a busy week of corporate earnings and monitored stimulus negotiations in Washington. Futures for the Dow Jones Industrial Average fell
Dr. Anthony Fauci, Director of the National Institute for Allergy and Infectious Diseases testifies at a House Subcommittee on the Coronavirus Crisis hearing on Capitol Hill on July 31, 2020 in Washington, DC. Force. Kevin Dietsch | Pool | Getty Images White House coronavirus advisor Dr. Anthony Fauci said Sunday that a new Trump campaign
An empty International Arrivals hall is pictured at Terminal Two of London Heathrow Airport in west London, on May 9, 2020. JUSTIN TALLIS | AFP | Getty Images As the holiday season kicks in, U.S. officials are aiming to shorten the travel quarantine time for trips between New York City and London, The Wall Street
New Jersey Gov. Chris Christie fields questions at a wide-ranging news conference, March 3, 2016 at the Statehouse in Trenton, New Jersey. Jeff Zelevansky | Getty Images Former New Jersey Gov. Chris Christie was released from Morristown Medical Center on Saturday after testing positive for the coronavirus one week ago. “I am happy to let you
US Speaker of the House, Nancy Pelosi, Democrat of California, leaves after her weekly press briefing on Capitol Hill in Washington, DC, on October 8, 2020. Andrew Caballero-Reynolds | AFP | Getty Images House Speaker Nancy Pelosi on Saturday dismissed the Trump administration’s latest coronavirus stimulus offer, continuing complicated negotiations between Democrats and Republicans that have stretched out
CNBC’s Jim Cramer on Friday said it’s time to start taking hydrogen energy seriously as the technology emerges as a reliable alternative energy source. “If you want to speculate on a sexy long-term story, I’m bullish on hydrogen,” the “Mad Money” host said. Cramer has been skeptical of bullish trading activity in red-hot speculative stocks,
As lawmakers continue to negotiate another stimulus spending measure in Washington, CNBC’s Jim Cramer on Friday continued to recommend that investors put money into stocks of companies that can grow without additional fiscal help. Earlier Friday, the Trump administration, three days after President Donald Trump moved to punt the issue until after the election next
U.S. Department of Health and Human Services ADM Brett P. Giroir testifies before the House Committee on Energy and Commerce on the Trump Administration’s Response to the COVID-19 Pandemic, on Capitol Hill in Washington, DC, June 23, 2020. Kevin Dietsch | Pool via Reuters A top official from the Department of Health and Human Services on