Business

Kasper Rorsted, CEO of Adidas, told CNBC that the German sportswear company will continue to invest in brick and mortar stores despite the boom in e-commerce sales during the coronavirus pandemic."There is no doubt that online business has…

Here’s what you need to know:VideotranscriptBacktranscriptStimulus Negotiations Have Made ‘Major Headway,’ McConnell SaysSenator Mitch McConnell, the majority leader, said congressional leaders are approaching agreement on a roughly $900…

Andrew Cuomo, Governor of New York State, speaks at a press conference in New York City on September 8, 2020.Spencer Platt | Getty ImagesNew York's non-essential stores could be forced to close again in January if the state doesn't tackle…

In the office, Mr. Toobin sat down in the hallway of Mr. Remnick, who won a Pulitzer Prize for his book "Lenin's Tomb" in 1994, and the two men got closer. Mr. Remnick, who succeeded Mrs. Brown four years later, ran the magazine out of a…

For the world's largest cinema chain, bankruptcy could be the best option to survive the coronavirus pandemic.The coronavirus pandemic has hit cinemas since March, cracking their bottom line, but no one has been hit harder than AMC. The…

The coronavirus pandemic has brutally affected the US economy. The loss of jobs as a result of the health crisis wiped out years of profits and hit women, people of color, and poorly paid workers who are already vulnerable to economic…

Potholes can be a dangerous hazard for road users around the world.georgeclerk | E + | Getty ImagesFrom street lights and crossroads to trash cans and sidewalks, the cities we live in require constant maintenance and upkeep to ensure they…

SEOUL, South Korea - At a logistics depot the size of an airplane hangar in southern Seoul, couriers recently held a ritual at the start of another busy day: they stood for a moment in silence to remember more than a dozen fellow couriers…

Robin Hayes, CEO of JetBlue, told CNBC on Tuesday that he was optimistic that coronavirus vaccine use would help boost demand for air travel around the world, drawing on his experience with his own family."Just before I came to this show, I…

In her brief career as one of the world's foremost philanthropists, MacKenzie Scott has made a name for herself for the sheer volume and speed of her donations, donating nearly $ 6 billion in her fortune this year alone.Ms. Scott, a writer…