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Tesla shares extended their rally on Wednesday ahead of a quarterly report from the electric-car maker that might clear the way for it to join the S&P 500 and attract some $40 billion in new demand for the stock. A net profit, under Generally Accepted Accounting Principles, would mark four consecutive profitable quarters, a first …
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The U.S. on Wednesday announced an agreement to pay pharmaceutical giant Pfizer and biotech firm BioNTech nearly $2 billion for 100 million doses of their coronavirus vaccine. The Department of Health and Human Services and the Defense Department will acquire 100 million doses of the experimental vaccine under the $1.95 billion deal with Germany-based BioNTech and New York City-based Pfizer. …
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The U.S. on Tuesday ordered the Chinese Consulate in Houston to close within 72 hours, citing “massive illegal spying and influence operations” conducted by China. Neighboring residents subsequently called Houston firefighters after consulate workers apparently began burning documents in the courtyard of the compound. Firefighters were unable to intervene because the consulate operates under Chinese …
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President Trump on Tuesday signed an order directing the U.S. Census Bureau not to count illegal immigrants when awarding seats in the House of Representatives based on each state’s population. The directive requires Commerce Secretary Wilbur Ross to provide “information permitting the President, to the extent practicable” to exclude immigrants without legal status from the …
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Nike said Wednesday it’s cutting jobs and shuffling its executive ranks as the sports-apparel giant shifts more of its focus to digital sales versus brick-and-mortar retail outlets, which have taken a beating amid the coronavirus pandemic. Nike didn’t specify how many of its 76,700 employees worldwide will get the ax, but disclosed on its website …
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Sick Americans are facing long waits for coronavirus test results with labs overwhelmed by the massive surge in infections across the country, medical testing executives say. Quest Diagnostics and LabCorp, two of the nation’s biggest clinical lab operators, say they can’t add testing capacity fast enough to keep up with the breakneck pace at which …
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“The Great British Bake Off” is now two weeks back into production and will likely return to television later this year, according to producer Love Productions’ parent company Sky Studios. The baking competition series, which is shown by Channel 4 in the UK and Netflix in the U.S. (where it is known as “The Great …
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Reality TV star Phaedra Parks says her business as a mortician is “booming” as a result of the coronavirus pandemic. Parks — the former “Real Housewives of Atlanta” star who’s now on “Marriage Bootcamp” — is also a licensed funeral director and mortician, plus a top Atlanta lawyer, author and activist. She exclusively revealed on …
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EXCLUSIVE: Imelda Staunton will not make her bow as Queen Elizabeth II until 2022 as “The Crown” takes a filming break this year amid its final cast changeover, Deadline can reveal. Left Bank Pictures won’t get cameras rolling on Season 5 of the Netflix franchise until June next year, meaning the streamer will be without …
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Rewind to early March, when life still seemed mostly normal and the countdown was underway to the Mets opening the 2020 season. At the time, the Mets didn’t resemble a team that was an obvious favorite in the NL East, but likewise it was hard to say they shouldn’t compete for first place. The lineup …
Tesla shares extended their rally on Wednesday ahead of a quarterly report from the electric-car maker that might clear the way for it to join the S&P 500 and attract some $40 billion in new demand for the stock. A net profit, under Generally Accepted Accounting Principles, would mark four consecutive profitable quarters, a first …
