Model 3 vehicles made by Tesla China are on display during a delivery event at its facility in Shanghai, China on Jan. 7, 2020. Aly Song | Reuters BEIJING – A Tesla Model 3 exploded in an underground car park in Shanghai on Tuesday, Chinese media reported. No people were injured in the fire, Tesla…

Joe Biden signed more than a dozen executive orders after taking the president’s oath of office on Wednesday. He reversed some of his predecessor’s actions over the past four years, prompting CNBC’s Jim Cramer to come up with two new market themes for 2021. The new investment ideas cover electric vehicles and residential real estate…

President Joe Biden signs Executive Orders in the Oval Office of the White House in Washington upon his inauguration as the 46th President of the United States on January 20, 2021. Tom Brenner | Reuters President Joe Biden signed an executive order on Wednesday to reintroduce the US to the Paris Agreement. This is his…

Belk department store John Greim | LightRocket | Getty Images KKR, Blackstone and other major Belk lenders are in talks with the North Carolina-based department store chain to avoid bankruptcy, according to a report in the Wall Street Journal. The company, its lenders and private equity firm Sycamore Partners are getting closer to an out-of-court…

President-elect Joe Biden has appointed Dr. Anthony Fauci was selected to lead a U.S. delegation to the World Health Organization’s annual meeting this week, undoing outgoing President Donald Trump’s plan to withdraw from the international aid group. The new government plans to work with WHO on an international Covid Response Plan as one of Biden’s…

Morgan Stanley posted fourth quarter earnings and revenue on Wednesday that exceeded analysts’ expectations for strong trading, investment banking and wealth management results. Earnings rose 51% to $ 3.39 billion, or $ 1.81 per share, compared to the estimate of $ 1.27 by analysts surveyed by Refinitiv. Revenue of $ 13.64 billion was over $…

More than half a year since Covid-19 halted its spread in mainland China, new clusters of cases have appeared in and around the capital Beijing in recent weeks. The number of newly reported cases is nowhere near as high as in many countries outside of China, including the US. Hebei, the worst-hit province, has reported…

Pharmacy students Anne Brandt (l) and Sarah Schulz are preparing six syringes from a vial with the SARS-CoV-2 coronavirus vaccine from Biontech / Pfizer for vaccination of medical staff at the Leipzig University Hospital. There are currently more requests for vaccination appointments than can currently be offered. Image Alliance | Image Alliance | Getty Images…

Former Homeland Security Secretary Janet Napolitano told CNBC’s “The News with Shepard Smith” that the January 6 attack on the Capitol was “instigated” by President Donald Trump and criticized him for telling the “big lie” in the election fueled on November 3rd, it was stolen from him. “He did not say what would be most…

CNBC’s Jim Cramer revisited his “Go” list of 11 returning stocks on Tuesday, recommending that a handful of names in the cart remain open to buy. “Aside from Mastercard and 3M, our Go stocks have had great results since we learned about the vaccine in November. Some of them got a little rich,” he told…