A member of United Auto Worker leaves the Fiat Chrysler Automobiles Warren truck plant after the first shift on May 18, 2020 in Warren, Michigan. Gregory Shamus | Getty Images A global shortage of semiconductor chips is forcing Stellantis to temporarily close five North American plants starting next week, the company confirmed on Friday afternoon.…

Scottish full-back Stuart Hogg plays the ball during the Six Nations rugby union tournament match between France and Scotland on March 26, 2021 at the Stade de France in Saint-Denis near Paris. (Photo by Anne-Christine POUJOULAT / AFP) (Photo by ANNE-CHRISTINE POUJOULAT / AFP via Getty Images) ANNE-CHRISTINE POUJOULAT | AFP | Getty Images Wales…

The intensive care unit and the pulmonologist Dr. Vin Gupta have beaten up Republican governors of Arizona, Florida, and Texas for reopening prematurely, particularly as new variants are taking hold across the country. “What the governors of Arizona, Florida, and Texas are doing is not good public policy,” Gupta said. “From a scientific point of…

The CEO of auto parts supplier BorgWarner told CNBC on Friday that the company hopes almost 50% of its sales will be related to electric vehicles within the next decade. Electric vehicles currently account for less than 3% of the Michigan-based company’s sales. “We assume that 30% of the vehicle will be battery-electric in 2030.…

CNBC’s Jim Cramer says investors are optimistic about the introduction of Covid vaccines. This caused US stocks to rally on Friday. The Dow Jones Industrial Average gained 453.40 points, or 1.4%, while the broad S&P 500 rose 1.7% to hit a record high. Tech-heavy Nasdaq ended the day after falling 0.8% at a point 1.2%…

A small business owner in Chinatown, San Francisco Source: CNBC The Senate on Thursday passed the 2021 PPP Extension Act with overwhelming support, extending the paycheck protection program deadline from March 31 to May 31. The PPP extension was passed about a week after the House approved the bill, which will next go to President…

James Reinhart, co-founder and CEO of thredUP, speaks on stage during the TechCrunch Disrupt San Francisco 2019 at the Moscone Convention Center on October 2, 2019 in San Francisco, California. Kimberly White | Getty Images Entertainment | Getty Images Used clothing sales are booming online, ThredUp CEO James Reinhart told CNBC’s Squawk Alley on Friday…

Pedestrians wearing protective masks carry shopping bags from Victoria’s Secret Stores LLC in San Francisco, California, United States on Wednesday, February 17, 2021. David Paul Morris | Bloomberg | Getty Images Victoria’s secret owner L Brands increased its earnings outlook for the first quarter on Friday, citing a boost from government incentives and eased Covid…

President of the European Commission Ursula von der Leyen. Thierry Monasse | Getty Images News | Getty Images LONDON – The European Union has tightened strict rules on the export of Covid vaccines while putting pressure on AstraZeneca to deliver more shots to the area. It is because the sluggish introduction of vaccines in the…

Chancellor Angela Merkel takes part in a press conference after discussing the vaccination strategy in the Federal Chancellery with the heads of government by video on March 23, 2021 in Berlin. Pool | Getty Images News | Getty Images LONDON – A third wave of the coronavirus pandemic has created more political problems for Chancellor…