Business

New York will lift most of its Covid-19 restrictions after the state reached an adult vaccination rate of 70%, Gov. Andrew Cuomo announced. Once a global Covid hotspot, the state now has one of the lowest positivity rates in the U.S. More than 11.1 million of the state’s residents have been vaccinated with at least one shot and about 9.8…

Facebook on Wednesday announced that it will begin testing advertisements that will appear within the company’s Oculus virtual reality headsets.

“I think you should simply stay the course, maybe using this decline to buy some high-quality stocks, especially industrials,” CNBC’s Jim Cramer said Wednesday.

The WHO is also tracking recent reports of a “delta plus” variant that has an additional mutation, said Maria Van Kerkhove, the WHO’s Covid-19 technical lead.

The change reflects the success Nadella has had in the past seven years making Microsoft more prominent in technology and business altogether.

From Wall Street CEOs such as JPMorgan’s Jamie Dimon to home and car buyers and hirers, everyone is worried about inflation, so why are stocks still at records?

Reports of new Covid cases have decreased in every region of the world except Africa, where weekly cases jumped 44% while fatalities rose 20%.

“We haven’t seen the consumer affected yet by that level of inflation,” Albertsons CEO Vivek Sankaran told CNBC’s Jim Cramer.

The late-stage clinical trial found high prevalence of virus variants.

The increased costs include a greater-than-expected impact from the parts shortage as well as rising commodity inflation costs of up to $2 billion.

GM, America’s largest automaker, is racing to catch up to Tesla on EVs and become a leader in the space against other well-established automakers such as VW.

An extreme heat wave gripping the western U.S. will intensify and spread this week, creating dangerous conditions amid the worst drought in modern history.

These are the stocks posting the largest moves in midday trading.

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policy-making meeting on April 28.

A 70-year-old man from Rhode Island on Wednesday was the first to receive an infusion outside of a clinical trial of Biogen’s Alzheimer’s drug, Aduhelm.

“I look at the tech regulation that’s being discussed, I think there are good parts of it. And I think there are parts of it that are not in the best interests of the user,” Cook said.

Tripadvisor announced Wednesday the launch of Tripadvisor Plus, a travel subscription service that provides access to travel savings and other perks.

Keeping the unit within GM will create more value for the company than spinning it off, CEO Mary Barra said.

The private investment firm owns 40% of OneTeam Partners, which leverages pro football and baseball players’ name, image and likeness.

Southwest canceled hundreds of flights because of the second technical glitch in two days.