science and technology Dropbox rises after company posts first quarterly profit By www.cnbc.com Published On :: Thu, 07 May 2020 22:11:30 GMT It's the first time Dropbox's bottom line is in the black since the company went public two years ago. Full Article
science and technology Roku reports strong user growth, but sour ad business outlook By www.cnbc.com Published On :: Thu, 07 May 2020 22:05:18 GMT Streaming services have reported huge spikes in subscribers during the crisis as stay-at-home orders have forced more people to stay inside. Full Article
science and technology When will hospitals and doctors' offices be open for normal business again? Here's what health experts think By www.cnbc.com Published On :: Thu, 07 May 2020 17:48:21 GMT Hospitals are looking for ways to re-open their doors to patients in a way that limits their risk of exposure. Full Article
science and technology Facebook will allow most employees to work from home through end of 2020 By www.cnbc.com Published On :: Thu, 07 May 2020 23:02:50 GMT Facebook CEO Mark Zuckerberg will announce Thursday that most of the company's employees will be given the choice to continue to work from home through the end of 2020, a company spokeswoman told CNBC. Full Article
science and technology Uber shares shoot up after CEO says ride volume is increasing again after April bottom By www.cnbc.com Published On :: Thu, 07 May 2020 22:15:45 GMT Uber reported first-quarter earnings on Thursday, and while the company lost $2.9 billion during the quarter, the stock rose after hours on optimistic comments from CEO Dara Khosrowshahi. Full Article
science and technology Elon Musk: 'Too many smart people go into finance and law' By www.cnbc.com Published On :: Thu, 07 May 2020 18:57:42 GMT The CEO also addressed his plans to sell the majority of his physical possessions in an interview with Joe Rogan that aired Thursday. Full Article
science and technology Facebook, YouTube and other platforms are struggling to remove new pandemic conspiracy video By www.cnbc.com Published On :: Thu, 07 May 2020 23:45:29 GMT Platforms including Facebook, Alphabet's YouTube, IAC's Vimeo and Twitter are struggling to stay ahead of the spread of the "Plandemic" conspiracy video, which contains claims that defy the advice of medical experts. Full Article
science and technology Uber CEO says drivers should get health-care benefits based on how much they work, and Uber would pay for it By www.cnbc.com Published On :: Fri, 08 May 2020 15:42:48 GMT The suggestion comes as Uber faces mounting pressure to provide health-care and other protections for its workers during the pandemic. Full Article
science and technology Apple is reportedly starting to build some of its AirPods in Vietnam By www.cnbc.com Published On :: Fri, 08 May 2020 17:13:07 GMT About 30% of the company's classic AirPods will be produced in Vietnam rather than China, the Nikkei Asian Review reported. Full Article
science and technology These small tech companies are soaring after crushing Q1 earnings By www.cnbc.com Published On :: Fri, 08 May 2020 13:32:04 GMT Investors are rewarding the likes of Chegg and Everbridge for impressive growth while other companies struggle. Full Article
science and technology Tesla secures $565 million loan for Shanghai factory By www.cnbc.com Published On :: Fri, 08 May 2020 22:45:23 GMT Electric carmaker Tesla has entered into an agreement for a working capital loan of up to 4 billion yuan ($565.51 million) with a lender from China for its Shanghai car plant, according to a regulatory filing on Friday. Full Article
science and technology Oil and gas companies set to lose $1 trillion in revenues this year By www.cnbc.com Published On :: Thu, 30 Apr 2020 14:23:12 GMT The energy sector is shrinking so dramatically that it's become the second-smallest group in the whole S&P index. Full Article
science and technology The US wind industry installed over 1,800 megawatts in first quarter, but the coronavirus remains a risk By www.cnbc.com Published On :: Thu, 30 Apr 2020 14:05:03 GMT The renewable energy sector is being affected by the coronavirus in a number of ways. Full Article
science and technology Stocks making the biggest moves midday: Tesla, Facebook, Dunkin' Brands, Boeing, Moderna & more By www.cnbc.com Published On :: Thu, 30 Apr 2020 20:04:37 GMT Check out the companies making headlines in midday trading. Full Article
science and technology ConocoPhillips CEO says 'we're on the lookout' for acquisitions as oil prices stay under $20 By www.cnbc.com Published On :: Thu, 30 Apr 2020 20:05:53 GMT ConocoPhillip's Ryan Lance said on "Power Lunch" that his company is looking at potential acquisitions as the energy sector struggles with low oil prices. Full Article
science and technology Feeding strawberries to cows: Farmers forced to throw fruit and flowers as coronavirus disrupts supplies By www.cnbc.com Published On :: Fri, 01 May 2020 05:04:05 GMT Farmers around the world are letting their crops rot in the fields as the coronavirus outbreak disrupts supply and demand for flowers, fruit and milk. Full Article
science and technology Oil jumps 5%, snaps 3-week losing streak By www.cnbc.com Published On :: Fri, 01 May 2020 18:37:39 GMT Oil prices jumped on Friday, extending the previous session's gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid to offset a slump in fuel demand triggered by the coronavirus pandemic. Full Article
science and technology In Milan, tall buildings covered in trees offer a glimpse of what urban living could look like in the future By www.cnbc.com Published On :: Fri, 01 May 2020 08:14:08 GMT Milan is home to the Bosco Verticale, or Vertical Forest, a striking development of residential buildings. Full Article
science and technology In Sweden, hydrogen has been used to heat steel in a bid to boost sustainability By www.cnbc.com Published On :: Fri, 01 May 2020 08:53:46 GMT Hydrogen was used instead of liquefied petroleum gas. Full Article
science and technology Oil pares losses and jumps 3% as lockdowns ease By www.cnbc.com Published On :: Mon, 04 May 2020 18:37:33 GMT Oil prices pared losses to turn higher on Monday, despite worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus. Full Article
science and technology A massive renewable energy scheme in Australia has been recommended for environmental approval By www.cnbc.com Published On :: Mon, 04 May 2020 14:37:56 GMT Several big firms, including Danish wind turbine manufacturer Vestas, are involved in the project. Full Article
science and technology Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm By www.cnbc.com Published On :: Mon, 04 May 2020 16:25:57 GMT "We must reduce budget expenditures sharply," the Saudi finance minister said over the weekend. "Saudi finances need more discipline and the road ahead is long." Full Article
science and technology Oil prices rise on demand prospects as lockdowns start to ease By www.cnbc.com Published On :: Tue, 05 May 2020 02:32:44 GMT Oil prices climbed in early trade on Tuesday, adding to gains in the previous session, on expectations that fuel demand will begin to pick up as some U.S. states and nations in Europe and Asia start to ease coronavirus lockdown measures. Full Article
science and technology Bioplastics developer raises $133 million in new funding in quest to replace single-use plastics By www.cnbc.com Published On :: Tue, 05 May 2020 10:00:02 GMT RWDC Industries, which makes a sustainable material solution that can be used as a substitute for plastic, raised $133 million in Series B funding. Full Article
science and technology Oil surges 20%, posts fifth straight day of gains for first time since July By www.cnbc.com Published On :: Tue, 05 May 2020 18:41:50 GMT Oil prices jumped on Tuesday in their fifth straight day of gains as traders eyed demand recovery as economies reopen. Full Article
science and technology Oil reverses gains and turns negative as supply glut weighs By www.cnbc.com Published On :: Wed, 06 May 2020 12:20:18 GMT Oil moved between gains and losses on Wednesday amid hopes for a recovery in demand as some countries ease coronavirus lockdowns, while oversupply fears continued to weigh. Full Article
science and technology Oil drops 2%, snapping five-day winning streak in volatile trading session By www.cnbc.com Published On :: Wed, 06 May 2020 18:37:41 GMT Oil prices moved lower on Wednesday, snapping the longest daily winning streak since July. Full Article
science and technology Coronavirus continues to impact the wind energy sector as Germany's Nordex withdraws guidance By www.cnbc.com Published On :: Wed, 06 May 2020 14:42:51 GMT Company says Covid-19 pandemic will affect results from second quarter of 2020. Full Article
science and technology Social-distancing measures look set to transform London's roads and sidewalks By www.cnbc.com Published On :: Wed, 06 May 2020 15:16:45 GMT More specific measures relating to the program will be published in next few weeks. Full Article
science and technology Oil jumps on China export bounce but long-term outlook remains weak By www.cnbc.com Published On :: Thu, 07 May 2020 11:28:17 GMT Oil prices jumped on Thursday on news that China's exports unexpectedly rose last month, and on the back of U.S. output cuts and the slow return of some activity in Europe. Full Article
science and technology Markets are getting too excited about the oil price rally too soon, analysts warn By www.cnbc.com Published On :: Thu, 07 May 2020 13:19:53 GMT Lack of storage space for crude globally remains a massive problem, and will keep a ceiling on oil prices for the near future. Full Article
science and technology Oil drops nearly 2%, erasing earlier gain of more than 11% By www.cnbc.com Published On :: Thu, 07 May 2020 18:51:18 GMT Oil prices reversed gains to settle lower on Thursday, despite optimism surrounding producers scaling back production as well as demand improving. Full Article
science and technology World's largest ethanol producer forced to find a new market — hand sanitizer By www.cnbc.com Published On :: Thu, 07 May 2020 20:11:24 GMT POET, based in Sioux Falls, South Dakota, has re-engineered systems to make pharmaceutical grade hand sanitizer. Full Article
science and technology Oil jumps 5%, posts second straight week of gains By www.cnbc.com Published On :: Fri, 08 May 2020 19:00:14 GMT Oil prices gained on Friday as more countries began relaxing restrictions put in place to halt the coronavirus pandemic, raising hopes that demand for crude and its products will start to pick up. Full Article
science and technology All California voters will be able to vote by mail in November, Newsom says By www.cnbc.com Published On :: Fri, 08 May 2020 23:09:10 GMT California Gov. Gavin Newsom signed an executive order Friday allowing all registered voters in the state to receive a mail-in ballot for November's election. Full Article
science and technology Pfizer to outsource some drug production, focus on coronavirus vaccine By www.cnbc.com Published On :: Sat, 09 May 2020 00:52:59 GMT Pfizer said on Friday it is in talks to shift more of its medicine production to outside contractors as it prepares for large-scale production of an experimental vaccine to prevent Covid-19, should it prove safe and effective. Full Article
science and technology Plans to reopen US economy must 'talk about worker safety,' says AFL-CIO president By www.cnbc.com Published On :: Fri, 08 May 2020 23:27:11 GMT "If they don't feel safe, they're not going to go back to work,"AFL-CIO president Richard Trumka told CNBC. Full Article
science and technology When will restaurants and bars reopen? Here's what experts are saying By www.cnbc.com Published On :: Fri, 08 May 2020 21:17:02 GMT The outlook for U.S. restaurants in the near term is bleak, dominated by massive unemployment and closures, but Asia may provide a path forward. Full Article
science and technology State Department quietly begins reopening amid coronavirus pandemic By www.cnbc.com Published On :: Sat, 09 May 2020 01:35:42 GMT The plan, entitled "Diplomacy Strong," includes policies on travel, telework, face coverings, as well as social distancing requirements for common spaces such as cafeterias. Full Article
science and technology House Democrats hope to vote on coronavirus bill next week as Republicans press pause By www.cnbc.com Published On :: Sat, 09 May 2020 00:14:16 GMT Democrats are pushing to pass their next coronavirus relief bill, but Republicans have less urgency as they grow wary of taxpayer spending. Full Article
science and technology Dividend payers are still 'winners in this market,' ETF analyst says. Here's why By www.cnbc.com Published On :: Sat, 09 May 2020 13:15:01 GMT As more and more S&P 500 companies cut or suspend their dividend payments, one issuer speaks to how his dividend-based exchange-traded fund is managing the shift. Full Article
science and technology How the coronavirus could kill the $2 billion US bail bond business By www.cnbc.com Published On :: Sat, 09 May 2020 14:32:25 GMT Crimes and arrests are down nationwide during the pandemic as people obey stay-at-home orders and police departments reduce operations. This has led many bail bond companies to lay off entire staff. Full Article
science and technology How the Fed's fighting to keep Covid-19 from causing an extended financial crisis By www.cnbc.com Published On :: Fri, 08 May 2020 19:24:40 GMT The U.S. Federal Reserve is trying to keep the coronavirus crisis from becoming an extended financial crisis. And the Fed's measures go beyond anything the central bank did during the Great Recession of 2009. Full Article
science and technology Paycheck Protection Program may have left minority business owners behind due to an implementation failure By www.cnbc.com Published On :: Sat, 09 May 2020 13:33:12 GMT The inspector general also found the SBA and Treasury Department issued requirements for loan forgiveness that do not align with law. Full Article
science and technology Unemployment rate reaches 14.7% – here's what to watch By www.cnbc.com Published On :: Fri, 08 May 2020 18:46:04 GMT The April jobs report laid bare the economic impact of the coronavirus pandemic. Five market experts weigh in on what this means for the U.S. economy moving forward. Full Article
science and technology Coronavirus fallout: Here are the 16 department stores Nordstrom is closing permanently By www.cnbc.com Published On :: Fri, 08 May 2020 20:30:46 GMT Nordstrom announced earlier this week it will be permanently closing 16 of its department stores, after assessing each state that it operates in and the hit it is taking because of the coronavirus pandemic. Full Article
science and technology Bill Ackman looks to find another winner in restaurants, where his track record is perfect By www.cnbc.com Published On :: Sat, 09 May 2020 12:02:05 GMT Pershing Square made six previous investments in this industry and has never lost money on any of them. Full Article
science and technology Virus hits Trump's inner circle, unemployment rivals Great Depression: This week's recap and our best reads By www.cnbc.com Published On :: Sat, 09 May 2020 14:37:36 GMT The U.S. shed a record number of jobs in April, Trump's personal valet tests positive for virus: This weeks news recap and our best reads. Full Article
science and technology Wildlife habitat destruction and deforestation will cause more deadly pandemics like coronavirus, scientists warn By www.cnbc.com Published On :: Sat, 09 May 2020 14:00:02 GMT Habitat destruction like deforestation and agricultural development on wildland are increasingly forcing disease-carrying wild animals closer to humans, allowing new strains of infectious diseases to thrive. Full Article
science and technology FDA gives emergency authorization for new antigen test to help detect coronavirus quicker and cheaper By www.cnbc.com Published On :: Sat, 09 May 2020 15:00:39 GMT There is a higher chance of false negatives with an antigen test and a negative result may need to be confirmed with an additional PCR test prior to further treatments. Full Article