WHO warns of rise in Covid cases across Europe for third consecutive week as restrictions are eased

A Covid patient breathes oxygen through a mask at the sub-intensive care unit of the Casalpalocco hospital, south of Rome, on October 13, 2021. Alberto Pizzoli | AFP | Getty Images Covid-19 cases in Europe have increased for the third consecutive week, World Health Organization officials said at a briefing Wednesday, urging caution as temperatures … Read more

Supply chain stress is intensifying and showing no signs of fading, Moody’s Analytics says

“Supply-chain headaches show no sign of subsiding just yet,” Moody’s economists led by Matt Colyar wrote in a Tuesday report. About 200,000 shipping containers, holding everything from toys and sneakers to critical parts for factories, remain stuck on ships floating off the coast of Los Angeles. A record 100 cargo vessels, from barges to container … Read more

Stocks making the biggest moves before the bell: Biogen, Novavax, Netflix, Verizon & more

A customer enters a Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Getty Images Check out the companies making headlines before the bell: Anthem (ANTM) — The health insurer reported adjusted quarterly profit of $6.79 per share, beating the $6.37 per share consensus estimate from Refinitiv, with revenue also … Read more

Snap CEO Evan Spiegel says social media companies must take responsibility instead of waiting for laws

CEO of Snap Inc. Evan Spiegel walks to a morning session at the Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snap CEO Evan Spiegel on Tuesday said that regulation is not a substitute for the moral responsibility that social media companies have over … Read more

Ulta Beauty touts plans to invest in faster delivery, but shares dive on disappointing outlook

Florida, Port St Lucie, The Landing at Tradition, outdoor mall, Ulta, beauty cosmetics store. Jeff Greenberg | Universal Images Group | Getty Images Ulta Beauty said Tuesday that it will roll out same-day delivery in select markets and speed up curbside pickup orders, as the company chases consumers who have gotten used to buying lip … Read more

Amazon cloud storage challenger Backblaze files to go public

DeMarcus Cousins #15 of the LA Clippers talks to Assistant Coach, Roy Rogers of the LA Clippers before the game during Game 6 of the Western Conference Finals of the 2021 NBA Playoffs on June 30, 2021, at STAPLES Center in Los Angeles. Adam Pantozzi | National Basketball Association | Getty Images Backblaze, a company … Read more

NBA projects $10 billion in revenue as audiences return after Covid, but TV viewership is a big question

NBA Commissioner Adam Silver speaks to the media prior to the game of the Milwaukee Bucks against the Phoenix Suns in Game One of the 2021 NBA Finals on July 6, 2021 at Phoenix Suns Arena in Phoenix, Arizona. Garrett Ellwood | National Basketball Association | Getty Images Adam Silver was all smiles as he … Read more

Big Oil CEOs have a personal reason to put more focus on less fossil fuels

A Shell employee walks past the company’s new Quest Carbon Capture and Storage (CCS) facility in Fort Saskatchewan, Alberta, Canada, October 7, 2021. Todd Korol | Reuters As energy sector demand roars back and commodities market pundits talk about the return of $100 oil, there are new factors in the energy sector pushing producers to … Read more

Massive strike averted: Hollywood crews reach a new three-year deal with studios

General view of the Hollywood Sign on November 17, 2020 in Hollywood, California. AaronP/Bauer-Griffin | GC Images | Getty Images A deal has been struck between Hollywood’s studios and a union representing its film and television crews that would avert a historic strike that has threatened to shut down production across the industry. On Saturday, … Read more

Apple poised to finish transforming its MacBook lineup on Monday

2020 MacBook Air with M1 chip Todd Haselton | CNBC Apple is holding a launch event on Monday to announce new products, like a redesigned MacBook Pro. Apple has a chance to drive continued momentum to its Macs ahead of the holiday shopping season, especially since it’s expected to announce more computers that run on … Read more