Business

A patient recovering from COVID-19 at Marianjoy Rehabilitation Hospital in Wheaton, Illinois, on September 30, 2020. Terrence Antonio James | Tribune News Service | Getty Images The United States reported more than 71,600 new coronavirus cases on Thursday, approaching a record number of daily infections set in late July as the outbreak takes root across

Boston Beer shares soared over 18% to a new all-time high Friday, one day after the maker of Samuel Adams and Truly hard seltzer reported third-quarter earnings and raised guidance. The stock closed Friday’s session at $1,091 apiece, adding to its major run so far in 2020. Shares of Boston Beer are up almost 190%

A customer pulls into a McDonald’s restaurant. Luke Sharrett | Bloomberg | Getty Images McDonald’s on Friday asked a judge to dismiss the racial discrimination lawsuit filed by former franchisees, arguing that it wants every operator in its system to thrive. The company also said that the complaint from 52 Black plaintiffs relies on “vague

(L-R) U.S. President Donald Trump and National Institute of Allergy and Infectious Diseases Director Anthony Fauci arrive for a briefing on the coronavirus pandemic in the press briefing room of the White House on March 26, 2020 in Washington, DC. Drew Angerer | Getty Images President Donald Trump hasn’t attended a coronavirus task force meeting

A Dunkin’ worker hands a coffee out of a drive-thru window wearing gloves and a mask as the Coronavirus continues to spread on March 17, 2020 in Norwell, Massachusetts. MediaNews Group | Boston Herald | Getty Images While the coronavirus pandemic has disrupted daily commutes and morning runs for coffee, Dunkin’ Brands Group says a

Shares of General Motors closed Thursday at their highest price so far this year following the successful debut Tuesday of the new GMC Hummer EV as well as the automaker’s announcement earlier in the week of more than $2 billion in new U.S. investments to support electric vehicles. The stock settled at $37.41 a share,

A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Gap Inc. shares are up more than 11% after the retailer revealed plans Thursday to shrink its store footprint by about 350 stores and switch to a business model that’s driven by e-commerce and off-mall locations. The apparel retailer, made up of chains

A passenger aircraft of American Airlines. Silas Stein | picture alliance via Getty Images American Airlines on Thursday posted another big quarterly loss as the coronavirus pandemic hurt summer travel demand, but the carrier trimmed its cash burn. Revenue dropped 73% in the three months ended Sept. 30 to $3.17 billion from $11.9 billion a

California theme parks are exploring legal action in order to pressure the state into allowing amusement parks to reopen. “All options are open at this point,” Erin Guerrero, executive director of the California Attractions and Parks Association, said during a news conference Wednesday. Parks in the state were dealt devastating news Tuesday that they would

A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly same-store sales growth of more than 8%, but a shift to delivery is boosting costs and resulting in

The new electric Hummer from General Motors will live up to the reputation of its predecessors for being capable and over the top but in different ways than the gas-guzzling vehicles that previously bore the name. The 2022 GMC Hummer EV, which the automaker unveiled Tuesday night, is big, bold and flamboyant – all things someone

Members of the medical personnel move a patient suffering from the coronavirus disease (COVID-19) at the CHR Centre Hospitalier Regional de la Citadelle hospital, in Liege, Belgium October 20, 2020. Yves Herman | Reuters The coronavirus pandemic is accelerating across the globe as U.S. cases climb and at least 10 other countries, half in Europe,

Ford Motor plans to launch its self-driving vehicle businesses in 2022 with vehicles based on its Escape Hybrid crossover. Ford Ford Motor plans to launch its self-driving commercial business in 2022 with vehicles based on the Ford Escape Hybrid crossover, the company said Tuesday. The vehicles are the automaker’s fourth-generation self-driving test vehicles in partnership

Health workers are dressing with protective suits and face maks. The collection of swab samples by medical staff in the drive-in testing center of San Filippo Neri hospital in Roma, Italy on October 19, 2020. NurPhoto | NurPhoto | Getty Images LONDON — Covid-19 is likely to become as “endemic” as the annual flu virus,

Medical workers deliver a patient to the Maimonides Medical Center on September 14, 2020 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Coronavirus hospitalizations are growing in a majority of U.S. states as Dr. Anthony Fauci, the nation’s leading infectious disease expert, warns that the world is not yet “on

A traveler wearing a protective mask waits to board a United Airlines flight at San Francisco International Airport, Oct. 15, 2020. David Paul Morris | Bloomberg | Getty Images Airline stocks jumped Monday after airport screenings over the weekend rose above 1 million for the first time since mid-March, a sign more travelers are getting

Doctors in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images LONDON — The number of reported coronavirus cases around the world has hit 40 million, according to a tally kept by Johns Hopkins University. The grim milestone of 40,050,902 confirmed cases on Monday comes as various parts of Europe and the U.S.

A woman heads towards a departure gate at the Hong Kong International Airport. Christian Keenan | Getty Images SINGAPORE — Leisure travel between Hong Kong and Singapore could resume in the coming weeks as both cities work to set up a bilateral “travel bubble” that will allow travelers to forgo quarantine. The two cities —

U.S. House Speaker Nancy Pelosi speaks during a press conference on Capitol Hill in Washington, D.C., the United States, on Oct. 9, 2020. Ting Shen | Xinhua News Agency | Getty Images House Speaker Nancy Pelosi has called on the Trump administration to reconcile remaining disputes on coronavirus stimulus legislation within 48 hours as lawmakers attempt

Cans of diet cola Tab brand soft drink produced by the Coca-Cola Company are displayed at a supermarket in the Brooklyn borough of New York, July 26, 2011. Ramin Talaie | Corbis Historical | Getty Images Coca-Cola said Friday that Tab, its first diet soda, is among the drinks headed for retirement as it trims