Category: Business

  • Dr. Fauci says Covid vaccine trials on pregnant girls and younger youngsters may start in January

    Dr.  Fauci says Covid vaccine trials on pregnant girls and younger youngsters may start in January

    Drug makers and U.S. regulators plan to start clinical trials in January testing the safety of Covid-19 vaccines in pregnant women and young children, said Dr. Anthony Fauci, director of the National Institute for Allergies and Infectious Diseases. These two groups were excluded from the initial clinical trials of Covid-19 vaccines until researchers were able…

  • The monetary outlook for the Hispanic small enterprise group in 2021

    The monetary outlook for the Hispanic small enterprise group in 2021

    Latino entrepreneurs operate in sectors hit hard by Covid-19 and are less likely to receive PPP loans than white entrepreneurs. However, Hispanic business startups and revenues grew before the pandemic and can rebound with the right public policy and financial support. Getty Images The Latino community was often celebrated for above-average entrepreneurship and business start-ups…

  • Disney Investor Day 2020 bulletins

    Disney Investor Day 2020 bulletins

    Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the 2019 D23 Expo in Anaheim, California on August 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney is doing everything possible to use its streaming services. On Thursday, the…

  • NYC road distributors obtain $ 2 million from Morgan Stanley, Robin Hood

    NYC road distributors obtain $ 2 million from Morgan Stanley, Robin Hood

    The pandemic has ravaged small businesses in New York City, and among the fighters are nearly 20,000 street vendors who have lost 70% to 90% of their income, according to a survey conducted in June and September. With these small businesses that are such an important part of New York City barely surviving, Morgan Stanley…

  • Lululemon (LULU) Stories Third Quarter 2020 Outcomes, Income Exceeds Estimates

    Lululemon (LULU) Stories Third Quarter 2020 Outcomes, Income Exceeds Estimates

    Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon reported sales of $ 1.1 billion on Thursday, up 22% year over year, beating analysts’ estimates as shoppers visited the retailer’s stores and website to purchase workout clothes during the reporting period. In North America, net sales increased 19% driven…

  • The bipartisan Covid measure will add small enterprise PPP and tax breaks

    The bipartisan Covid measure will add small enterprise PPP and tax breaks

    Charday Penn | E + | Getty Images Small business owners with troubled finances could receive additional funding from the paycheck protection program. On Wednesday, lawmakers from both sides of the aisle handed out a summary of their $ 908 billion emergency aid package from Covid. The proposal allocates $ 300 billion to the Small…

  • United Airways depends on CO2 removing expertise to offset emissions

    United Airways depends on CO2 removing expertise to offset emissions

    United Airlines Boeing 767-400 ER Extended Range with aircraft powered by 2 CF6-80 engines landing at Amsterdam Schiphol International Airport AMS EHAM in the Netherlands, the capital of the Netherlands. Economou | NurPhoto | Getty Images United Airlines is turning to technology to capture carbon dioxide from the air and store it underground to fully…

  • Failure to go the Covid incentive has “doomed so many corporations to failure”.

    Failure to go the Covid incentive has “doomed so many corporations to failure”.

    CNBC’s Jim Cramer on Wednesday angered Congress and President Donald Trump’s administration for their inability to reach an agreement on additional coronavirus relief this fall. He claimed the lack of financial support had caused permanent damage to small and medium-sized businesses in the US “I really hate to say that, but I think that Congress…

  • Jayne Hrdlicka, CEO of Virgin Australia: Flying will likely be irresistible

    Jayne Hrdlicka, CEO of Virgin Australia: Flying will likely be irresistible

    Virgin Australia’s newly appointed CEO said it was “irresistible” to fly again as the airline seeks to regain market share under new owners. Jayne Hrdlicka told CNBC on Wednesday that the company was well positioned to capture a third of the domestic market and would bring it back to pre-Covid levels when intra-country travel resumes.…

  • Brex co-founder says the start-up world is booming once more

    Brex co-founder says the start-up world is booming once more

    Henrique Dubugras, founder and managing director of Brex Inc., speaks during the Bridge Forum conference in San Francisco, California, the United States, on Wednesday, April 17, 2019. David Paul Morris | Bloomberg | Getty Images The coronavirus pandemic should have been a disaster for Brex, the soaring Silicon Valley startup that lends thousands of other…