Jide Zeitlin has resigned as the CEO of Tapestry, whose products include Coach handbags, as the company has opened a probe into his personal behavior, CNBC has learned.
Coca-Cola CEO James Quincey said that the company's business will likely not recover completely from the coronavirus pandemic until a vaccine or another comprehensive solution is available.
The tax, part of a new "Make Billionaires Pay" campaign by progressives, would impose a new form of capital gains tax on New Yorkers with $1 billion or more in assets.
Ford plans to use the prototype vehicle, which it's calling the Mustang Mach-E 1400, as a proof of concept for the performance of all-electric vehicles as the crossover begins arriving in dealerships later this year.
E-commerce stocks have roared higher off the March lows — none more so than Overstock, which has rallied more than 2,050% in four months. Danielle Shay of Simpler Trading is ready for more upside.
The companies — AstraZeneca, Johnson & Johnson, Merck, Moderna and Pfizer — will speak with members of Congress on efforts to create a vaccine to prevent Covid-19.
"Jeopardy!" host Alex Trebek says if his current treatment for Stage 4 pancreatic cancer doesn't work, he'll probably stop pursuing medical intervention.
The health-care trade can continue to work as biotechnology and pharmaceutical companies get closer to finding treatments and a possible vaccine for Covid-19, says Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA.
Since March, when schools moved into the home and after-school programs vanished, parents have fueled a massive spike in toy sales as they seek to keep their kids occupied and entertained.
Chinese Starbucks customers can order the coffee chain's drinks on Alibaba's Taobao marketplace and mobile map app Amap, the companies said on Tuesday, expanding a partnership signed in 2018.
Just three weeks after opening its borders, the Bahamas is no longer allowing American travelers because of a surge of coronavirus cases within the island nation.