ac Macy's is the first of what could be a retail and energy purge from the S&P 500 By www.cnbc.com Published On :: Thu, 02 Apr 2020 14:26:57 GMT Macy's won't be the last company kicked out of the S&P 500. Judged solely by market capitalization, many companies in the index appear in danger of being kicked out. Full Article
ac Oil fund's near implosion is the latest market wackiness leaving traders scratching their heads By www.cnbc.com Published On :: Fri, 24 Apr 2020 12:52:48 GMT The United States Oil Fund, which invests in oil futures contracts, was guaranteed to be a losing bet over time, but retail investors piled into the exchange-traded fund, perhaps believing it was a bet on the spot price of oil. Full Article
ac Stock rally continues beneath the surface on investors' hopes for reopenings and testing By www.cnbc.com Published On :: Tue, 28 Apr 2020 21:02:33 GMT Stocks were down slightly on Tuesday, but beneath the surface lies the continuation of a powerful rally. Full Article
ac Market's comeback hinges on the economy reopening without major setbacks By www.cnbc.com Published On :: Fri, 01 May 2020 12:43:45 GMT The old saw, 'sell in May and go away' might not apply this year if the U.S. economy reopens smoothly. Full Article
ac Buffett on why he hasn't made any big investments: 'We don't see anything that attractive' By www.cnbc.com Published On :: Sun, 03 May 2020 20:33:26 GMT Warren Buffett said Berkshire Hathaway is still sitting on its massive cash hoard because the conglomerate hasn't found a company to buy at an attractive price. Full Article
ac Warren Buffett gave airlines another go. Coronavirus was a problem he couldn't stomach By www.cnbc.com Published On :: Mon, 04 May 2020 15:56:04 GMT Warren Buffett has again ditched the airline sector as coronavirus threatens to be a challenge too big for him to stomach. Full Article
ac Crude gets crushed after Saudis signal faster comeback from attacks By www.cnbc.com Published On :: Tue, 17 Sep 2019 18:05:40 GMT The crude crush continues after yesterday's surge. With CNBC's Seema Mody and the Futures Now traders, Brian Stutland from the CME and Anthony Grisanti at the NYMEX. Full Article
ac The Fed and markets are on a collision course over interest rates, Blackstone's Joe Zidle warns By www.cnbc.com Published On :: Tue, 17 Sep 2019 20:45:07 GMT Blackstone chief investment strategist Joseph Zidle predicts the Federal Reserve won't ease as much as Wall Street wants. Full Article
ac Market correction could hit once Wall Street realizes fewer rate cuts are coming, Blackstone warns By www.cnbc.com Published On :: Wed, 18 Sep 2019 14:00:33 GMT Blackstone's Joseph Zidle predicts the Fed will cut rates but says Wall Street won't get what it wants, and stocks could fall as much as 20%. Full Article
ac Trader bets gold about to get its shine back By www.cnbc.com Published On :: Thu, 26 Sep 2019 18:27:37 GMT Bullion bounces back. Can gold shine again? With CNBC's Seema Mody and the Futures Now traders, Jim Iuorio at the CME and Anthony Grisanti at the NYMEX. Full Article
ac BlackRock's Fink: When we exit this crisis, the world will be different By www.cnbc.com Published On :: Mon, 30 Mar 2020 20:16:14 GMT CNBC's Sara Eisen reports breaking news on BlackRock Chairman Larry Fink's annual letter. Full Article
ac Activision levels up By www.cnbc.com Published On :: Fri, 08 May 2020 22:16:55 GMT CNBC's Josh Lipton on Fortnite and the Activision Blizzard story. With CNBC's Melissa Lee and the Options Action traders, Carter Worth, Mike Khouw and Tony Zhang. Full Article
ac Is China spying on US vaccine makers? By www.cnbc.com Published On :: Fri, 08 May 2020 23:28:47 GMT CNBC's Eamon Javers on a report that Chinese and Iranian hackers have tried to hit U.S. vaccine manufacturers and researchers. CNBC contributor and former Principal Deputy Director of National Intelligence Sue Gordon weighs in on the report. Full Article
ac Tyson Foods shares fall 8% as production disruptions take a toll on profits, company secures $1.5 billion loan facility By www.cnbc.com Published On :: Mon, 04 May 2020 14:49:17 GMT Tyson Foods on Monday reported that its fiscal second-quarter net income fell 15% from a year earlier, as production disruptions weighed on its results. Full Article
ac Tenet Healthcare warns of significant Covid-19 impact in the second quarter By www.cnbc.com Published On :: Tue, 05 May 2020 10:37:06 GMT Tenet Healthcare warned of a significant hit from the Covid-19 pandemic in the current quarter, even as the hospital operator's quarterly profit beat estimates due to a tax benefit from the coronavirus stimulus bill. Full Article
ac Cheesecake Factory swings to a loss as coronavirus weighs on earnings By www.cnbc.com Published On :: Wed, 06 May 2020 15:44:17 GMT The Cheesecake Factory swung to a loss in its first quarter as the coronavirus pandemic forced the company to close its dining rooms and furlough thousands of its workers. Full Article
ac The businesses that made Disney a juggernaut are suddenly hurting, distracting from its streaming success By www.cnbc.com Published On :: Tue, 05 May 2020 23:16:21 GMT Disney wants Wall Street to focus on its growing streaming business, but its media networks, theme parks and film studio have grown too large to be ignored. That's become a big problem during coronavirus shutdowns. Full Article
ac No exact playbook on how to reopen economies, doctor says By www.cnbc.com Published On :: Tue, 05 May 2020 10:05:28 GMT Peter Drobac, director of the University of Oxford's Skoll Centre for Social Entrepreneurship, discusses Europe's handling of the coronavirus crisis. Full Article
ac Google Wallet and Apple Pay race for second place By www.cnbc.com Published On :: Tue, 24 Feb 2015 19:34:37 GMT Apple has ventured into the market for mobile payments with Apple Pay, but Google's latest deal with wireless carriers could give it more of an edge. Full Article
ac A higher deficit will need to be factored in to new EU budget, says economist By www.cnbc.com Published On :: Fri, 24 Apr 2020 09:05:19 GMT Radhika Rao from DBS Bank discusses the European Union's economic response in combating the coronavirus pandemic. Full Article
ac The coronavirus crisis is 'accelerating' the need for economic transformation: Citi By www.cnbc.com Published On :: Tue, 28 Apr 2020 09:46:46 GMT Miguel Azevedo of Citi discusses the coronavirus pandemic's impact on Middle Eastern nations, mergers and acquisitions, and economic activity in the Muslim holy month of Ramadan. Full Article
ac North Asian tech stocks are attractive despite coronavirus crisis: State Street By www.cnbc.com Published On :: Tue, 05 May 2020 07:19:26 GMT The coronavirus has been a massive blow for markets across the globe. But Daniel Gerard of State Street says tech stocks in North Asia still offer plenty of opportunities for investors. Full Article
ac Humanitarian spaces for refugees may shrink amid virus crisis: ICRC president By www.cnbc.com Published On :: Thu, 07 May 2020 08:14:23 GMT We are "worried" that humanitarian spaces for refugees may shrink if coronavirus infections within refugee camps rise, says Peter Maurer, president of the International Committee of the Red Cross. He says he also expects ICRC's funding to become "very problematic" with donor countries increasing spending on their own economies. Full Article
ac Op-ed: Don't ruin the Fed's great work by rushing economy back before it's safe By www.cnbc.com Published On :: Thu, 09 Apr 2020 18:55:06 GMT A rush to open the economy could cause a second wave of infections, even as the Corona curve is flattening and possibly rolling over. Full Article
ac Stock buybacks: We need a new litmus test after the bailouts By www.cnbc.com Published On :: Mon, 13 Apr 2020 16:57:48 GMT A government bailout of companies due to the coronavirus has led to criticism after a record decade of stock buybacks. Companies that can't manage cash flow deserve the attacks. Full Article
ac Op-ed: Why financial literacy matters in an economic crisis By www.cnbc.com Published On :: Thu, 16 Apr 2020 15:01:10 GMT A new survey finds nearly 9 in 10 Americans say the COVID-19 crisis is causing stress on their personal finances, highlighting the importance of financial literacy. Full Article
ac Op-Ed: The smart way to get US employees back to work By www.cnbc.com Published On :: Fri, 17 Apr 2020 18:59:31 GMT Missing in the planning to return to work is a response to a very fundamental challenge: How do we ensure that the return to economic activity better positions American workers for success, writes Zoe Baird and David Marsh. Full Article
ac Op-ed: How the US can win the post-coronavirus race for global dominance By www.cnbc.com Published On :: Tue, 21 Apr 2020 18:37:52 GMT Beijing could still leverage its first-mover advantage – alongside a faster economic recovery across Asian markets – accelerating the trend toward a Chinese-centric globalization, writes Fred Kempe. Full Article
ac Op-ed: The contraction isn't over and it may take time to get used to a different world By www.cnbc.com Published On :: Fri, 24 Apr 2020 13:22:54 GMT It could take years for the world to recover from a significant economic contraction, and it will look different than the world we knew in January. Full Article
ac Op-ed: Pandemic moves Modern Monetary Theory from the fringes to actual US policy By www.cnbc.com Published On :: Wed, 29 Apr 2020 11:31:16 GMT The total amount of government economic aid in response to the coronavirus downturn is expected to exceed $10 trillion. Full Article
ac Op-ed: The market comeback seems callous, but investors are betting on a bright post-crisis future By www.cnbc.com Published On :: Thu, 30 Apr 2020 18:01:20 GMT Stocks have risen swiftly as investors look beyond the coronavirus pandemic, but millions of Americans continue to suffer unemployment and sickness. Full Article
ac Op-Ed: Local bars and restaurants face extinction because of coronavirus – and government needs to step up By www.cnbc.com Published On :: Mon, 04 May 2020 21:10:39 GMT Independent bars and restaurants found some relief in the Paycheck Protection Program, which offers low interest, short-term loans with the potential of forgiveness. That is not nearly enough, writes author and bar owner Derek Brown. Full Article
ac This is how many furloughed Main Street employees will get jobs back By www.cnbc.com Published On :: Tue, 05 May 2020 16:49:01 GMT As the economy reopens from the coronavirus shock, not all small business jobs held on Main Street will be coming back, not even by a long shot, according to the Q2 2020 CNBC|SurveyMonkey Small Business Survey. Full Article
ac Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges By www.cnbc.com Published On :: Fri, 08 May 2020 07:43:51 GMT Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter. Full Article
ac Repurposing existing drugs to treat coronavirus will likely be quicker than a vaccine, scientists claim By www.cnbc.com Published On :: Thu, 07 May 2020 13:33:44 GMT A team of international experts said that while there was no "magic bullet" for treating Covid-19, successfully identifying a drug that could treat the virus was likely to take less time than rolling out a vaccine. Full Article
ac Facebook just launched its brand new site — here's how to check it out if you don't see it yet By www.cnbc.com Published On :: Fri, 08 May 2020 22:24:35 GMT Facebook's new homepage is live now. Here's how to switch to it. Full Article
ac Tesla is not cleared to reopen US factory, local officials say By www.cnbc.com Published On :: Fri, 08 May 2020 21:43:54 GMT Interim Health Officer for Alameda County Public Health Department, Erica Pan, said on an online town hall meeting that even though California had relaxed Covid-19 restrictions at the state level, that legally, "If there are local orders, whichever is stricter prevails." Full Article
ac One options trader bets big money on Tesla's stock cracking $800 By www.cnbc.com Published On :: Wed, 29 Jan 2020 16:20:37 GMT One options trader is betting around $2 million that Tesla's wild ride is far from over. Full Article
ac Trader lays out how to play Activision Blizzard ahead of earnings By www.cnbc.com Published On :: Fri, 01 May 2020 22:09:08 GMT Tony Zhang on a bearish Activision trade. With CNBC's Melissa Lee and the Options Action Traders, Carter Worth and Mike Khouw. Full Article
ac Uber cuts 3,700 jobs, CEO foregoes salary due to uncertain pandemic impact By www.cnbc.com Published On :: Wed, 06 May 2020 13:27:00 GMT Uber will lay off 3,700 employees, the company announced in a filing with the Securities and Exchange Commission Wednesday. The cuts to its customer support and recruiting teams represent about 14% of its 26,900 employees, based on Uber's most recent headcount. CEO Dara Khosrowshahi will also forgo his base salary for the rest of the year, which was $1 million in 2019. Full Article
ac Cramer: I wasn't hopeful about Covid vaccine but Fauci's optimism could change my mind By www.cnbc.com Published On :: Thu, 07 May 2020 14:09:56 GMT CNBC's Jim Cramer said Thursday that he has gained confidence in Moderna's potential coronavirus vaccine due to recent comments from Dr. Anthony Fauci. Full Article
ac Moderna's vaccine candidate could potentially get regulatory approval in 2021 By www.cnbc.com Published On :: Thu, 07 May 2020 14:12:03 GMT Moderna has received FDA approval for the company's Covid-19 vaccine to continue into the second phase. CNBC's Meg Tirrell reports. Full Article
ac Cramer: Coronavirus could propel plant-based Beyond Meat into a giant like Amazon or Facebook By www.cnbc.com Published On :: Thu, 07 May 2020 15:10:26 GMT Plant-based protein is not a passing fad, CNBC's Jim Cramer said. Full Article
ac Raytheon Technologies CEO on earnings, outlook, Covid-19 impact and more By www.cnbc.com Published On :: Thu, 07 May 2020 18:56:24 GMT Raytheon Technologies reported quarterly profit of $1.78 per share, beating the consensus estimate of $1.22 a share. Revenue also beat forecasts and Raytheon said it would not provide a financial outlook at this time due to pandemic-related uncertainty. Raytheon Technologies CEO Greg Hayes joins "Squawk on the Street" to discuss the earnings results as well as how coronavirus has impacted business. Full Article
ac Retailers face new task of keeping customers safe as stores reopen By www.cnbc.com Published On :: Fri, 08 May 2020 16:04:08 GMT CNBC's Courtney Reagan reports on the task many retailers now face: keeping customers safe once stores are open. Full Article
ac Pharma giants granted coronavirus approvals but doubts remain on manufacturing a global vaccine By www.cnbc.com Published On :: Mon, 04 May 2020 11:23:14 GMT Experts warn that vaccine timelines look ambitious and argue more thought is needed on manufacturing. Full Article
ac BNP Paribas' net profit slides as it warns of three 'major negative impacts' from the coronavirus By www.cnbc.com Published On :: Tue, 05 May 2020 07:44:21 GMT BNP Paribas reported a fall in net income for the first quarter on Tuesday, as it warned the coronavirus has had three "major negative impacts" on its balance sheet. Full Article
ac Britain's NHS shuns Apple and Google as it rolls out coronavirus contact-tracing app By www.cnbc.com Published On :: Tue, 05 May 2020 11:01:34 GMT The NHS app is based on the government's "centralized" framework instead of the tech giant's "decentralized" technology. Full Article
ac Virgin Atlantic cuts more than 3,000 jobs to mitigate 'devastating' coronavirus impact By www.cnbc.com Published On :: Tue, 05 May 2020 13:41:53 GMT Virgin Atlantic announced it will cut 3,150 jobs, becoming the airline to announce a reduction in headcount because of the coronavirus crisis. Full Article
ac EU predicts region will contract 7.4% this year in worst economic shock since 1930s By www.cnbc.com Published On :: Wed, 06 May 2020 10:50:41 GMT In February, the European Commission estimated a 1.4% rise in GDP for the EU this year. Full Article