Business

Brian Niccol, CEO of Chipotle Mexican Grill Adam Jeffery | CNBC Chipotle Mexican Grill said Thursday that executive compensation will now be linked to hitting targets tied to the company’s environmental and diversity goals. The burrito chain is following in the footsteps of Starbucks and McDonald’s, both of which recently announced that performance for racial

General Motors employees work on the assembly line at the Fairfax Assembly & Stamping Plant in Kansas City, Kansas. Jim Barcus for General Motors DETROIT — General Motors is extending temporary shutdowns at three of its North American plants due to a global semiconductor chip shortage, which is expected to shed billions off automakers’ earnings

LONDON — British luxury carmaker Aston Martin on Wednesday launched a new Formula One car ahead of its return to the most famous motor racing event in the world. The Aston Martin Cognizant F1 team revealed the “AMR21” car at a virtual event that was broadcast from London. The AMR21 will compete in the 2021

A Nordstrom store in Irvine, California. Scott Mlyn | CNBC Nordstrom on Tuesday reported fourth-quarter sales and earnings that topped analysts’ estimates, thanks to stronger shopper demand online and growth at its off-price Nordstrom Rack business. But the company cautioned that it has been recently impacted by shipping delays, which held up some of its

Greg Abbott, governor of Texas, speaks during an Operation Warp Speed vaccine summit at the White House in Washington, D.C., on Tuesday, Dec. 8, 2020. Al Drago | Bloomberg | Getty Images The governors of Texas and Mississippi both announced Tuesday that they are lifting statewide mask mandates and allowing businesses to reopen at full

Disney has done it again. On Monday, reviews for the studio’s latest animated feature “Raya and the Last Dragon” began to trickle in, signaling that the House of Mouse has yet another hit on its hands. So far, the film, which is due to hit theaters and Disney+ premiere access on Friday, holds a 96%

States are easing social distancing rules but it’s “too soon” to roll back Covid restrictions, Dr. Atul Gawande warned on CNBC’s “The News with Shepard Smith.” “We are currently at levels of cases that are still above the highest level of our last surge, so we haven’t even come down below the surge last summer,”

Gary Collis of Bunker Hill, West Virginia, receives his boost dose at a coronavirus disease (COVID-19) community vaccination event, as the vaccination rate in West Virginia ranks among highest in world, in Martinsburg, February 25, 2021. Kevin Lamarque | Reuters Johnson & Johnson‘s Covid-19 vaccine can be used as a substitute for a second jab

Tina Fey and Amy Poehler speak via livestream during the 78th Annual Golden Globe® Awards at The Rainbow Room on February 28, 2021 in New York City. Kevin Mazur | Getty Images Entertainment | Getty Images “Could this whole night have been an email?” co-host Tina Fey asked a small, socially distanced audience of first

Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, speaks during a White House press briefing, at the James Brady Press Briefing Room of the White House January 21, 2021 in Washington, DC. Alex Wong | Getty Images White House Chief Medical Advisor Dr. Anthony Fauci said on Sunday he would take

Source: NBA Top Shot A LeBron James highlight sold for $200,000. A Zion Williamson edition went for a little less than that. The National Basketball Association has officially aligned itself for the future of the trading card marketplace, and currently, this game is sold out. The NBA partnered with Canadian-based Dapper Labs, makers of the

Johnson & Johnson Coronavirus vaccine illustration Dado Ruvic | Reuters An advisory panel to the Centers for Disease Control and Prevention voted unanimously Sunday to recommend the use of Johnson & Johnson‘s one-shot Covid-19 vaccine as the federal government prepares to ship out millions of doses this week. Once CDC Director Dr. Rochelle Walensky accepts

The Food and Drug Administration has approved Johnson & Johnson‘s Covid-19 vaccine for emergency use, giving the United States a third tool to fight the pandemic as highly contagious variants start to take root across the country. The FDA’s emergency use authorization Saturday kickstarts the federal government’s plan to distribute nearly 4 million doses of

Renee Montgomery of the Atlanta Dream. Adam Pantozzi | National Basketball Association | Getty Images Kelly Loeffler, the former U.S. senator who lost her seat in the Georgia runoff elections last month, is no longer a WNBA team owner. The Women’s National Basketball Association announced Friday that it and the NBA board of governors have

Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images Retailers and their landlords are engaged in a high-stakes game of risk right now. And it will be a few years until we find out which party is on the winning side. As thousands of

Empty vials that contained a dose of the Johnson & Johnson vaccine against the COVID-19 coronavirus lie on a table as South Africa proceeds with its inoculation campaign at the Klerksdorp Hospital on February 18, 2021. Phill Magakoe | AFP | Getty Images Two people suffered severe allergic reactions shortly after getting Johnson & Johnson‘s

A key Food and Drug Administration advisory panel on Friday unanimously backed Johnson & Johnson‘s single-shot coronavirus vaccine for emergency use, a critical step paving the way to distribute a third preventative treatment in the U.S. next week. The nonbinding decision, which was adopted 22-0, by the FDA’s Vaccines and Related Biological Products Advisory Committee

Dr. Rochelle Walensky, who has been selected to serve as director of the Centers for Disease Control and Prevention speaks during an event at The Queen theater in Wilmington, Del., Tuesday, Dec. 8, 2020. Susan Walsh | AP The decline in Covid-19 cases reported in the U.S. since early January may be flattening, a concerning

An employee gives a thumbs up to a customer after loading a television for a curbside pickup order into a customer’s vehicle at a Best Buy Co. retail store on Black Friday in Hawthorne, California, November 27, 2020. Patrick T. Fallon | AFP | Getty Images Best Buy CEO Corie Barry said the pandemic has

Workers assemble a Boeing 787 Dreamliner airplane at the Boeing Everett Factory in Everett, Washington. Patrick T. Fallon | Bloomberg | Getty Images The Federal Aviation Administration on Thursday said it fined Boeing $5.4 million after the manufacturer failed to meet the terms of a 2015 settlement and another $1.21 million to settle two other