Business

Though the Acropolis has reopened, Greece is currently under lockdown-type restrictions with a nighttime curfew and store and restaurant closures. Matteo Colombo | Moment | Getty Images Major airlines are racing to add new trans-Atlantic service now that tourist-reliant countries like Croatia, Greece, Iceland and Italy have started allowing visitors from the U.S. and other
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The coronavirus pandemic could provide boost to newer modes of transportation in China, such as making autonomous driving more mainstream, a panel of industry leaders told CNBC. The Covid-19 outbreak accelerated the commercialization of autonomous aerial vehicles ’ or driverless drones ’ which were used to transport goods, medical supplies and even passengers to and
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Oil prices rose on Tuesday, setting up a challenging situation for the head of the Federal Reserve before Wednesday’s meeting, CNBC’s Jim Cramer said. “The surging price of crude … makes life difficult for Fed Chief Jay Powell,” Cramer said on “Mad Money.” “Even as many other commodities have actually now fallen, and some falling
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In this article GM WAB Wabtec Corp. says its FLXdrive is the world’s first 100% battery-powered, heavy-haul freight locomotive. Wabtec General Motors and Wabtec Corp. are partnering to develop and commercialize electric locomotives using the automaker’s battery and fuel cell technologies. The companies announced on Tuesday the signing of a nonbinding memorandum of understanding for
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Nepal’s second wave of Covid infections is tapering off ’ but the country needs more vaccines to handle the pandemic, Prime Minister Khadga Prasad Sharma Oli told CNBC. “The wave is under control and it is going down,” he told “Street Signs Asia” on Monday. He said there’s been a 75% decrease in cases. Nepal reported
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Check out the companies making headlines before the bell: Novavax (NVAX) ’ The drugmaker said its Covid-19 vaccine proved 90% effective overall in a late-stage trial, and 93% effective against the most predominant variants of the virus. It also provided 100% protection against moderate and severe disease. Novavax shares surged 10.4% in premarket trading. Lordstown
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In this article NGCA SPCE Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake | Reuters Virgin Orbit, the satellite-launching spinoff of Sir Richard Branson’s Virgin
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Dr. Peter Hotez warned that Southern U.S. states could feel the impact of the highly transmissible Delta Covid variant as early as this summer, due in part to low vaccination rates.  “I’m really holding my breath about the South and what happens over the summer,” said Hotez, co-director of the Center for Vaccine Development at
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In this article WMT AAL LUV Crime’s up. Tempers are up. Across the United States, businesses are grappling with an astonishing rise in what can only be called “people behaving badly.” Retail workers have been subjected to horrifying attacks based on their race, gender identity or disability. Flight attendants have been verbally ’ and occasionally
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