vi Sorrento Therapeutics and Mount Sinai join forces to develop Covid-19 antibody shield By www.cnbc.com Published On :: Fri, 08 May 2020 13:47:37 GMT Sorrento Therapeutics and Mount Sinai Health System in New York City have joined forces to develop an antibody cocktail they hope will shield against Covid-19 infection for up to two months. Full Article
vi US lawmakers urge Mnuchin to crack down on airlines cutting worker hours after taking billions in coronavirus aid By www.cnbc.com Published On :: Fri, 08 May 2020 14:30:42 GMT Three Senate Democrats are urging Treasury Secretary Steven Mnuchin to crack down on airlines that are cutting employee hours, despite billions in federal coronavirus relief. Full Article
vi It's critical we have cheap, rapid at-home testing for Covid-19, but that could take weeks or even months, experts say By www.cnbc.com Published On :: Fri, 08 May 2020 13:59:19 GMT Most experts agree that Covid-19 testing is vital to safely reopen the economy. But getting to scale presents challenges, they say. Full Article
vi New York City partners with Salesforce on coronavirus contact tracing program, mayor says By www.cnbc.com Published On :: Fri, 08 May 2020 17:25:25 GMT Salesforce will deploy a call center as well as a customer relationship and case management system that will help the city track potential cases and isolate people before they become sick, de Blasio said. Full Article
vi Melinda Gates says US coronavirus response is 'chaos,' gives Trump administration a D-minus grade By www.cnbc.com Published On :: Fri, 08 May 2020 16:02:47 GMT Melinda Gates, co-chairman of the Bill & Melinda Gates Foundation, gave President Donald Trump's administration a "D-minus" on its handling of the coronavirus pandemic, criticizing lack of leadership on both national and international levels. Full Article
vi Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak By www.cnbc.com Published On :: Fri, 08 May 2020 15:07:50 GMT On Wednesday, Cuomo said most new Covid-19 hospitalizations in New York state are from people who were staying home and not venturing much outside. Full Article
vi Vice President Mike Pence torched after jokingly asking to carry empty boxes at nursing home 'just for the camera' By www.cnbc.com Published On :: Fri, 08 May 2020 17:18:25 GMT Vice President Mike Pence got roasted after being caught by a live microphone jokingly offering to carry empty boxes "just for the camera" into a health-care facility treating coronavirus cases. Full Article
vi New York investigates coronavirus in children after 5-year-old NYC boy dies from complications, Gov. Cuomo says By www.cnbc.com Published On :: Fri, 08 May 2020 18:11:16 GMT New York is investigating how Covid-19 impacts children after a 5-year-old boy in New York City died due to coronavirus-related complications, Gov. Andrew Cuomo said Friday. Full Article
vi Russia's Victory Day celebrations pared back; Spain's daily coronavirus death tolls falls By www.cnbc.com Published On :: Sat, 09 May 2020 13:13:20 GMT Russia marks the 75th anniversary of Soviet victory over Nazi Germany in World War Two on Saturday, but the coronavirus outbreak means that celebrations have been pared back massively. Full Article
vi Tencent to expand services: Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Ricky Lai, Research Analyst at Guotai Junan International holdings, expects the internet firm to expand services in order to stimulate user growth, as it combats the PBOC's tightening of internet finance. Full Article
vi Stop focusing on geopolitics of coronavirus with China, says Australian CEO By www.cnbc.com Published On :: Tue, 05 May 2020 04:16:52 GMT Australia has "no benefits at all" from focusing on its coronavirus-related geopolitics with China, one of its major trading and business partners. It should focus instead on people's health and economic recovery, says Mark Allison, CEO and managing director of Elders Limited. Full Article
vi US will focus on China trade deal despite tensions over virus, says strategist By www.cnbc.com Published On :: Tue, 05 May 2020 04:25:48 GMT The United States' prevailing goal will be seeing through its "phase one" trade deal with China despite rising geopolitical tensions over the latter's alleged coronavirus involvements, says Alex Wolf, head of investment strategy for Asia at JPMorgan Private Bank. He unpacks what this means for credit risk assets and hedge funds. Full Article
vi Singapore aims for sustainable measures in 'long fight' against the coronavirus: Minister By www.cnbc.com Published On :: Wed, 06 May 2020 03:08:55 GMT Singapore needs sustainable measures in its "prolonged battle" against the coronavirus, so that the country can ease out of its "circuit breaker" period to resume normal activities safely, says Lawrence Wong, second minister for finance, minister for national development and co-chair of the multi-ministry taskforce on Covid-19. Full Article
vi Singapore minister says safeguards in migrant dormitories 'not sufficient' during coronavirus outbreak By www.cnbc.com Published On :: Wed, 06 May 2020 03:42:58 GMT Singapore learned from the coronavirus pandemic that its migrant workers' dormitories need redesigning to prevent future outbreaks, says Lawrence Wong, second minister for finance, who is also co-chair of the country's Covid-19 task force. Full Article
vi Singapore is not yet halfway through its coronavirus outbreak, says minister By www.cnbc.com Published On :: Wed, 06 May 2020 06:15:02 GMT Migrant workers living dormitories have accounted for around 87.6% of Singapore's total 19,410 confirmed cases as of Tuesday, according to the health ministry. Full Article
vi Remdesivir will not be the main driver of Gilead's revenue: Bernstein By www.cnbc.com Published On :: Thu, 07 May 2020 02:31:26 GMT Ronny Gal of Sanford C. Bernstein says he thinks remdesivir will not be the most significant revenue contributor for Gilead Sciences over time. He also explains his rationale for raising the company's price target to $75 from $72. Full Article
vi Stock markets could still relapse on coronavirus worries: JPMorgan By www.cnbc.com Published On :: Fri, 08 May 2020 02:23:21 GMT Investors should be prepared for a potential stock market relapse and that they are not solely invested in the United States, says David Kelly, chief global strategist for JPMorgan Asset Management. He suggests exploring countries in East Asia, which will likely exit the coronavirus crisis faster than Europe or the U.S. Full Article
vi Medical supplies provided a boost for Chinese exports: Economist By www.cnbc.com Published On :: Fri, 08 May 2020 03:04:45 GMT Jian Chang of Barclays Asia Pacific says medical supplies are a key factor driving the increase in China's export numbers. Jian Chang also explores the worsening U.S.-China relationship in recent weeks amid the coronavirus crisis, with the trade agreement being a key focal point. Full Article
vi US is reopening too soon and may see tepid recovery from virus crisis: Deutsche Bank By www.cnbc.com Published On :: Fri, 08 May 2020 04:05:41 GMT In contrast to the U.S., countries in North Asia and Australia had "very convincing containment" of the coronavirus crisis, making them more likely to achieve a "very sharp" economic rebound post-pandemic, says Deutsche Bank's Michael Spencer, chief economist and head of research for the Asia-Pacific. Full Article
vi I propose 'shelter in place' approach to fight the coronavirus: Vickers Venture Partners Chairman By www.cnbc.com Published On :: Fri, 08 May 2020 04:50:29 GMT Finian Tan, Chairman of Vickers Venture Partners proposes a "shelter in place" approach to combat COVID-19, which involves asking those 50 years and above to stay at home without exception, while allowing the rest of the population to go back to business as usual, including opening of businesses and borders. Full Article
vi Cars could go completely driverless 'very soon,' says CEO of Chinese autonomous driving tech start-up By www.cnbc.com Published On :: Thu, 30 Apr 2020 04:28:59 GMT Currently, most regulations across various cities in China still require the presence of a safety driver in vehicles. Full Article
vi Coronavirus could help Tesla retain EV lead as traditional automakers pare electric investments By www.cnbc.com Published On :: Fri, 01 May 2020 13:54:26 GMT Many of the new EVs that were supposed to enter the U.S. market to challenge the California carmaker this year are being delayed. Full Article
vi Tesla CEO Elon Musk's coronavirus rant highlights just one of many hurdles automakers face in reopening plants By www.cnbc.com Published On :: Sat, 02 May 2020 14:01:01 GMT In reopening plants, automakers face worker safety issues and must abide by local mandates, which Tesla CEO Elon Musk highlighted earlier this week. Then there are more complex problems. Full Article
vi Electric cars take the spotlight in China's post-coronavirus stimulus plans By www.cnbc.com Published On :: Wed, 06 May 2020 02:45:46 GMT Jing Yang, director of corporate research at Fitch Ratings, expects electric vehicles to outperform an overall slump in China's car sales this year given strong policy support. Full Article
vi Elon Musk's lavish LA mansions appear to be listed for sale days after billionaire pledged to 'own no house' By www.cnbc.com Published On :: Thu, 07 May 2020 00:16:37 GMT The homes have a combined value of $39.5 million. Full Article
vi USAA chief: Coronavirus 'cabin fever' may be behind car crash uptick after initial steep decline By www.cnbc.com Published On :: Mon, 04 May 2020 18:24:36 GMT "The last couple of weeks we've seen a slight uptick in those rates, certainly not because stores are reopening," USAA CEO Wayne Peacock told CNBC. Full Article
vi Fiat Chrysler to restart US production in two weeks after coronavirus shutdowns lead to $1.8 billion quarterly loss By www.cnbc.com Published On :: Tue, 05 May 2020 14:59:36 GMT Despite the "unexpected and unprecedented times" due to Covid-19, the company, said Tuesday that it and French automaker PSA Group "remain committed" to a previously announced merger of equals. Full Article
vi Ford and 3M begin shipping respirators to front-line health workers fighting coronavirus pandemic By www.cnbc.com Published On :: Wed, 06 May 2020 16:29:03 GMT About 90 United Auto Workers union members have assembled more than 10,000 respirators at a Ford plant near Flat Rock, Michigan. Full Article
vi These experts think Tesla's in a better position than other US automakers to survive the recession By www.cnbc.com Published On :: Sat, 09 May 2020 13:30:01 GMT The coronavirus pandemic has crushed the global economy, and a recession is inevitable in the U.S. as the Federal Reserve warns the second quarter will be much worse than Q1. The auto industry has been hit particularly hard as car sales tank. But here is why some experts say that Tesla is better off than other U.S. automakers to get through this downturn. Full Article
vi Subway CEO defends franchise owners who applied for coronavirus small business loans By www.cnbc.com Published On :: Wed, 29 Apr 2020 19:10:43 GMT "We literally have 10,700 franchisees in the U.S., and on average they own two restaurants apiece," Subway CEO John Chidsey told CNBC. Full Article
vi Ex-TARP watchdog says Washington is to blame for large companies receiving small business loans By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:27:05 GMT "I mean, Congress went out of its way to carve out businesses that have more than 500 employees but are restaurants, chain restaurants," ex-TARP watchdog Neil Barofsky told CNBC. Full Article
vi Mark Cuban says a lottery system is the only fair way to grant small business coronavirus loans By www.cnbc.com Published On :: Fri, 01 May 2020 14:28:17 GMT Cuban, who owns parts of many small businesses through "Shark Tank," also said owners should apply to multiple banks to boost their chances of getting relief. Full Article
vi A 'discouraged' Terrell Davis almost ditched his first NFL season: 'The only way you really fail is to quit' By www.cnbc.com Published On :: Fri, 01 May 2020 18:24:46 GMT At the start of his Hall of Fame NFL career, Terrell Davis was an unheralded running back competing for a spot with the Denver Broncos. After a discouraging start, Davis considered calling it quits before one play in a preseason game changed the 'entire trajectory of my career.' Full Article
vi How this company totally transformed its business model to survive the coronavirus By www.cnbc.com Published On :: Sat, 02 May 2020 15:01:01 GMT Gargiulo Produce opened in 1929 as a vegetable cart going door to door to sell food. Now, the company sells online to survive the coronavirus shutdown. Full Article
vi This skincare company saw record sales in April even as coronavirus pandemic ravaged retail By www.cnbc.com Published On :: Sun, 03 May 2020 14:01:01 GMT The rise of virtual hangouts and work meetings hasn't been enough to stop the battering of the beauty industry as the COVID-19 outbreak has largely put in-person activities on hold. But the clean beauty market has been a bright spot. Full Article
vi How Latino small business owners are keeping their businesses running during coronavirus By www.cnbc.com Published On :: Sun, 03 May 2020 14:46:10 GMT Latino entrepreneurs are among the majority of small business owners directly impacted by the economic fallout. Full Article
vi Clock ticking for small businesses squeezed out of government loans, now have a few months or less to survive, survey reveals By www.cnbc.com Published On :: Mon, 04 May 2020 14:19:24 GMT Only 13% of small businesses that applied for relief through the Paycheck Protection Program have received funding, according to the CNBC/SurveyMonkey Small Business Survey released Monday. Full Article
vi Answers to your biggest questions about US stimulus programs for Covid-19 relief By www.cnbc.com Published On :: Tue, 05 May 2020 21:13:34 GMT The $2.2 trillion CARES Act has provided several programs to help combat the widespread economic fallout of the coronavirus pandemic, but Americans are still confused. Senior Personal Finance Correspondent Sharon Epperson provides the answers. Full Article
vi Coronavirus fraud: Two New England men are first to be charged with scamming small business loan program By www.cnbc.com Published On :: Tue, 05 May 2020 21:39:53 GMT The men are charged with fraudulently applying for more than $500,000 in assistance from the new CARES Act Payroll Protection Program, which is designed to help businesses affected by the coronavirus outbreak. Full Article
vi Klobuchar, Warren urge FTC to take more steps to help small businesses avoid coronavirus scams By www.cnbc.com Published On :: Wed, 06 May 2020 20:16:19 GMT Amy Klobuchar and Elizabeth Warren raise concerns about scammers taking advantage of business owners seeking aid during the coronavirus. Full Article
vi 'Shark Tank' investor Kevin O'Leary: 20% of small businesses that got federal loans will fail By www.cnbc.com Published On :: Thu, 07 May 2020 12:34:19 GMT The "Shark Tank" investor also tried to look at the bright side: "So 80% are going to make it, in my view. That means it was a great investment." Full Article
vi So much money, so little oversight: Coronavirus bailout cash is a big target for fraud By www.cnbc.com Published On :: Thu, 07 May 2020 14:19:45 GMT With so much money being issued so quickly, the potential for scams and misuse runs rampant. Full Article
vi This realtor became a trucker after the housing crisis and now pulls in six figures during the coronavirus pandemic By www.cnbc.com Published On :: Thu, 07 May 2020 17:26:03 GMT April Coolidge used to work in real estate but now she makes more money driving a truck than she ever did selling houses. Full Article
vi Elon Musk interrupts NASA-SpaceX call during question about his coronavirus views: 'Move on' By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:17:27 GMT SpaceX CEO Elon Musk unexpectedly spoke up during a NASA conference call on Thursday Full Article
vi This pregnant Goldman Sachs trader says Wall Street will never be the same after the coronavirus By www.cnbc.com Published On :: Fri, 01 May 2020 15:18:54 GMT After the coronavirus pandemic forced traders to work from home, Wall Street has gone virtual, leaning on tech platforms like Symphony and Zoom. Full Article
vi Rocket Lab CEO: The space industry is entering at least 'a year and a half slog' due to coronavirus By www.cnbc.com Published On :: Sun, 03 May 2020 15:18:42 GMT Rocket Lab CEO Peter Beck told CNBC that the impact of the coronavirus crisis on the space industry is in "early days," as he expects a tough environment for at least 18 more months. Full Article
vi Cargo carriers reap rewards of coronavirus chaos By www.cnbc.com Published On :: Thu, 07 May 2020 21:01:11 GMT Cargo carriers have become a hot corner of the airline industry as airlines idle planes to face the coronavirus pandemic Full Article
vi Longtime bull Jeremy Siegel: March coronavirus swoon in stocks 'definitely going to be the low' By www.cnbc.com Published On :: Fri, 08 May 2020 17:47:26 GMT "I think 2021 could be a boom year. With the liquidity that the Fed is adding, unprecedented. It could be a really good year," the Wharton School professor told CNBC on Friday. Full Article
vi Bankrate: Americans are still grappling with the enormity of the economic crisis related to the virus pandemic By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:25:35 GMT Bankrate's Mark Hamrick discusses the findings of a new survey on how Americans are feeling about their financial health, more than a month into coronavirus stay-at-home measures. Full Article
vi NYT: EU bows to pressure to soften criticism of how the Chinese government pushed disinformation about the coronavirus By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:32:59 GMT New York Times reporter Matt Apuzzo discusses his piece on how Beijing moved to tamp down criticism from the West over its response to the coronavirus pandemic. Full Article