Marco Rubio warned that a new wave of small business layoffs could come if Congress does not re-up funding for the Paycheck Protection Program in its next round of coronavirus relief spending.
Tropical Storm Isaias brought heavy rain and strong winds to the East Coast on Tuesday, downing power lines and leaving destroyed property in its wake.
Moderna said it has begun talks with multiple countries to supply its potential coronavirus vaccine, called mRNA-1273, and has already received about $400 million in deposits as of July 31.
Shares of electric vehicle makers Tesla and Nikola may be outperforming legacy auto stocks year to date, but investors should steer clear of the whole group, two traders say.
BMW said it expected an operating profit for the full year even as coronavirus lockdowns pushed the carmaker to a second-quarter operating loss as deliveries of luxury cars fell 25% during the period.
"I think post-Covid, people will be working more at home, which means people will be eating more breakfast" and other meals at home, B&G CEO Ken Romanzi said.
On Tuesday, Disney said the Covid-19 outbreak cost its Parks, Experiences and Products segment around $3.5 billion in lost revenue in its fiscal third quarter.
"The bull market in Tesla is real and it's spectacular. The bull market in the rest of the electric vehicle plays feels way less substantial," the "Mad Money" host said.
Novavax's potential vaccine to prevent Covid-19 generated a promising immune response in an early stage clinical trial, the U.S.-based biotech firm announced Tuesday.
Disney announced Tuesday that its blockbuster feature "Mulan," which has been delayed from its theatrical release, will hit Disney+ on Sept. 4, for $29.99.
Wall Street analysts expect Farley, who's known as a passionate "car guy," to speed up the automaker's transformation efforts and potentially bring a new sense of interest in the company.
Public health officials are making an even bigger push for flu vaccination this year to try to reduce hospitalizations from the disease amid the Covid-19 pandemic. Flu shot makers plan to supply record numbers of vaccine doses.