It comes as drugmakers and research centers scramble to deliver a safe and effective vaccine to help bring an end to the coronavirus pandemic.
“We believe that this product will never be licensed in the U.S.,” one group of critical U.S.-based analysts wrote this week.
The majority of these layoffs will be from its parks, experiences and products division and include the 28,000 workers that the company previously announced.
Operation Warp Speed's Chief Science Advisor Moncef Slaoui said, “We hope that we'd have vaccinated 70% to 80% of the U.S. population by May or June...
With Janet Yellen in line for Treasury secretary, Biden must now round out a team tasked with nursing the U.S. economy back to health.
Officials at the meeting voted to keep benchmark short-term borrowing rates anchored near zero.
The coronavirus pandemic means consumers will be celebrating Thanksgiving differently this year.
"Right now, we are out of everything," Dan Hensler of So-Low Environmental Equipment told CNBC.
Jewelers will try to drive holiday sales by encouraging purchases as a romantic gesture, a Zoom accessory or a way to brighten a very challenging year.
Check out the companies making headlines in midday trading.