Business

The golf industry is seeing a surge in demand during the pandemic, with PGA Tour Superstore reporting a 55% increase in overall year-to-date sales compared with 2019. Demand is so high that suppliers are struggling to keep up, Dick Sullivan, CEO of PGA Tour Superstore, said on CNBC’s “The Exchange” on Friday. “We are hearing that

Covid vaccinator, Petra Moinar, prepares syringes with the AstraZeneca vaccine before it is administered at Battersea Arts Centre on March 8, 2021 in London, England. Chris J Ratcliffe | Getty Images News | Getty Images LONDON — England’s top medical officer has warned that the coming winter will continue to be difficult for the country’s

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

In this article LB Ming Xi, Grace Elizabeth, Cindy Bruna, Gigi Hadid, Kendall Jenner, and Alexina Graham walk the runway during the 2018 Victoria’s Secret Fashion Show at Pier 94 on November 8, 2018 in New York City. Dimitrios Kambouris | Getty Images Entertainment | Getty Images Ahead of Victoria’s Secret splitting away from Bath

Dutch airline KLM said it intends to reinstate almost all of its international routes this year as vaccine rollouts offer hopes of revival for the travel industry. KLM’s president and CEO Pieter Elbers told CNBC the carrier will also add a new route to Saudi Arabia’s capital Riyadh, even as the capacity and frequency of

CNBC’s Jim Cramer said Wednesday that investors do not need to make major changes to their strategy as a result of Federal Reserve Chairman Jerome Powell‘s closely watched news conference. “Arguably, you don’t need to do a thing,” the “Mad Money” host said after parsing through Powell’s comments earlier in the day and the updated

People view the sun set as a child drinks from a water bottle on June 15, 2021 in Los Angeles, California as temperatures soar in an early-season heatwave. Frederic J. Brown | AFP | Getty Images An extreme heat wave gripping the western United States will intensify and spread this week, creating dangerous conditions amid

In this article F An electrified logo from Ford’s luxury Lincoln brand, which is accelerating its EV plans through 2030. Ford DETROIT – Ford Motor’s luxury Lincoln brand expects about half of its sales to be all-electric models by 2026, as it plans to offer new EVs across its portfolio of vehicles within the next

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

A woman looks at the “Naming the Lost Memorials,” as the U.S. deaths from the coronavirus disease (COVID-19) are expected to surpass 600,000, at The Green-Wood Cemetery in Brooklyn, New York, U.S., June 10, 2021. Brendan McDermid | Reuters The U.S. hit another grim milestone in the pandemic, reaching more than 600,000 Covid fatalities, according

In this article UAL AIR-FR A commercial plane takes off after sunset from Geneva Airport, Switzerland. FABRICE COFFRINI | AFP | Getty Images From the Wright brothers’ historic flight in 1903 to the development of supersonic aircraft, the history of aviation has been driven by technology and ambition. Now, as the 21st century progresses, the

In this article AXP Americans are increasingly tapping their credit lines as Covid-19 health restrictions ease and travel demand ramps back up, American Express CEO Steve Squeri told CNBC on Monday. The payments company, known for its namesake credit card, reports seeing a near-full recovery in domestic travel bookings after the industry was hamstrung by

General Electric‘s aviation unit and its joint-venture partner Safran of France on Monday said they are developing new airplane engines that aim to cut emissions by more than a fifth of today’s levels. GE Aviation and France’s Safran together produce some of the most commonly used aircraft engines under their CFM joint venture. Together they

World No. 1 Novak Djokovic. Christophe Archambault | AFP | Getty Images Novak Djokovic staged another trademark comeback as he claimed his second French Open title and 19th Grand Slam overall with a five-set victory over Stefanos Tsitsipas. The world No 1 once again showed his exceptional powers of recovery to defeat Greek star Tsitsipas

In this article LLY BIIB Aduhelm by Biogen Source: Biogen The FDA’s approval of Biogen‘s Alzheimer’s drug Aduhelm was a landmark moment in the life of Dr. Paul Aisen. The director of the Alzheimer’s Therapeutic Research Institute at USC has spent the past three decades focused on treating the neurodegenerative disease, and in recent years

In this article LOW TGT WMT HD A Home Depot location in Encinitas, California. Mike Blake | Reuters Home Depot is one of the largest importers in the country. Yet with congested ports, container shortages and Covid-19 outbreaks slowing shipments, the company made a decision: It was time to get its own boat. “We have

A New Shepard rocket launches on a test flight. Blue Origin Jeff Bezos‘ space venture Blue Origin auctioned off a seat on its upcoming first crewed spaceflight on Saturday for $28 million. The winning bidder, whose name wasn’t released, will fly to the edge of space with the Amazon founder and his brother Mark on

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

In this article FB Matteo Colombo | DigitalVision | Getty Images After stocks muscled their way slightly higher on Friday, CNBC’s Jim Cramer advised investors not to underestimate a market that’s putting up small gains. The S&P 500 crawled 0.19% higher to 4,247.44, a record close. “Some would say it’s the calm before the storm

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