and

Coronavirus: Wealthy New Yorkers flee Manhattan for suburbs and beyond

Brokers say buyers and renters coming from the city are asking for the same thing: more space and more distance from neighbors and crowds.




and

Landlords are worried increasingly fewer tenants will pay rent as coronavirus job losses mount

Rent is traditionally due on the first of the month, and with each passing month more tenants are becoming late on their payments.




and

Covid-19 is forcing mortgage and rent delays

Mortgage and rent payments for the month of May are now due. CNBC's Diana Olick reports on how many Americans are unable to pay as the coronavirus crisis continues.




and

NYC real estate market under pressure as coronavirus pandemic halts sales

New York City is the nation's largest real estate market, and the pandemic has caused a number of deals to go bust. CNBC's Robert Frank reports.




and

Hilton is in a good position to withstand the coronavirus: Macquarie

As the travel and tourism industry struggles with the fallout from the coronavirus, Chad Beynon of Macquarie explains why Hilton's franchise business model makes it resilient in this challenging environment.




and

Mortgage bailout swells to 4.1 million borrowers, but demand is slowing

In the past week, 225,000 more borrowers took advantage of government and bank mortgage forbearance programs, according to data firm Black Knight.




and

NFL teams seeing high early ticket demand despite Covid-19, agency SeatGeek says

The Las Vegas Raiders, Los Angeles Rams and Tampa Bay Buccaneers are among the most in-demand teams, while demand for Patriots tickets is way down, according to ticket volume data provided by SeatGeek.




and

Shanghai Disneyland tickets sellout for opening day, signaling pent up demand for theme parks

It seems Chinese consumers aren't afraid to return to theme parks. Tickets for Monday's reopening of Shanghai Disney sold out within minutes.




and

Outback parent company Bloomin' Brands doubles down on takeout business after sales triple

Investing in delivery in recent years, including a rewards program and digital ordering, has paid off for Bloomin' in the long run and will continue to pay off going forward, Deno said.




and

Top ad firm outlines business sectors hit the most by the pandemic, and the ones that are faring better... for now

Sectors like health care or financial services have been less impacted by the pandemic so far, but Omnicom foresees demand for marketing services to decline as advertisers cut costs in the short term.




and

California Gov. Gavin Newsom unveils health guidelines for retailers and manufacturers to reopen starting Friday

California Gov. Gavin Newsom announced on Thursday a list of health guidelines that retailers, manufacturers and warehouses must adopt to begin offering curbside pick-up as early as Friday.




and

Sorrento Therapeutics and Mount Sinai join forces to develop Covid-19 antibody shield

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.




and

Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak

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.




and

Tencent to expand services: Pro

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.




and

World risks famines of 'biblical proportions' from pandemic, says UN

As many as 260 million people risk being on the brink of starvation as economies deteriorate and supply chains break down worldwide due to the coronavirus pandemic, says David Beasley, the United Nations World Food Programme's executive director.




and

Gold is one of the few industries without a demand issue: Evolution Mining

Jake Klein of Evolution Mining explains why gold companies are faring better than most sectors during this time of extended uncertainty due to the coronavirus pandemic.




and

Even if China sells US treasuries, demand from other sources will keep the dollar elevated: TD Securities

According to Mark Mccormick of TD Securities, there lacks a realistic alternative in the currencies markets, so even if China sells U.S. treasuries, demand from other sources will come in and keep the U.S. dollar elevated for the next couple of months.




and

Uber and Lyft unlikely to see recovery anytime soon, says analyst

Angelo Zino of Equity Research tells CNBC's Squawk Box Asia that Uber and Lyft will not likely see significant recovery until a vaccine is found amid the uncertainty of the coronavirus pandemic.




and

US is reopening too soon and may see tepid recovery from virus crisis: Deutsche Bank

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.




and

Ferrari is now worth more than General Motors and Ford

Ferrari's market value surged to $30 billion Monday morning, more than the value of General Motors or Ford Motor.




and

Ford and 3M begin shipping respirators to front-line health workers fighting coronavirus pandemic

About 90 United Auto Workers union members have assembled more than 10,000 respirators at a Ford plant near Flat Rock, Michigan.




and

This skincare company saw record sales in April even as coronavirus pandemic ravaged retail

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.




and

Kudlow says third round of PPP small business loans might be needed as demand soars

The second round of the Paycheck Protection Program launched last Monday and has so far provided over 2 million loans worth over $175 billion out of the total $310 billion Congress authorized in the latest relief package.




and

Coronavirus fraud: Two New England men are first to be charged with scamming small business loan program

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.




and

This realtor became a trucker after the housing crisis and now pulls in six figures during the coronavirus pandemic

April Coolidge used to work in real estate but now she makes more money driving a truck than she ever did selling houses.




and

Rocket Lab CEO: The space industry is entering at least 'a year and a half slog' due to coronavirus

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.




and

Cramer says the plant-based meat 'movement is happening' and investors better 'get on the bus'

"This is not blockbuster drug, but watch this trend. I think it's very exciting for investors," CNBC's Jim Cramer said Wednesday.




and

Bankrate: Americans are still grappling with the enormity of the economic crisis related to the virus pandemic

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.




and

Georgia small business owner: We won't be reopening yet, as it's too early and unsafe

Vince Villavalzo, owner of the Mystic Owl tattoo parlor in the Atlanta metro area, discusses his decision not to reopen his business, even as the state of Georgia attempts to reopen some of its economy.




and

Stutland: Would rather buy the oil producers themselves than trust the commodity futures contract or ETF

Brian Stutland of Equity Armor Investments discusses the complexities of trading directly in the commodities market, especially with ETFs that track oil futures contracts.




and

Jablonski: There's a big difference between the economic outlook and what the markets are doing

Sylvia Jablonski of Direxion discusses the disconnect between real economic conditions on the ground and how the markets are reacting amid the COVID-19 pandemic.




and

Lesko: The COVID-19 pandemic has basically been a gift to Amazon

Tim Lesko of Granite Investment Advisors says it's hard to imagine a better backdrop for Amazon, with the surge in online sales during the virus outbreak, and as for Apple, expectations weren't very high for iPhone sales this year, even before the pandemic.




and

Morganlander: Would be a buyer in the markets right now of higher quality companies

Chad Morganlander of Washington Crossing Advisors discusses the factors behind the market's snap-back in April, and which stocks could continue to lead during the uncertainty from the virus pandemic.




and

Top-ranked Barron's advisor on investment strategies amid the coronavirus outbreak and market volatility

Greg Sarian, CEO of Sarian Strategic Partners and one of Barron's Top 100 Advisors, says investors should prepare for more volatility, and discusses some tax strategies to employ as stock prices are still lower.




and

Norwegian Cruise Line raises over $2 billion to withstand 'well over' a year without revenue

"When the transactions are completed, the additional liquidity alleviates management's concern about the Company's ability to continue as a going concern for the next 12 months," Norwegian said in a statement Wednesday.




and

Virgin Media and O2 agree on $39 billion merger to create a new UK telecom giant

The combined group could put pressure on rival telecommunications firms BT, Vodafone and Sky.




and

'Bubble' stocks like Beyond Meat and Peloton were supposed to blow up, but the opposite happened

Bubble-like tech stocks remain among the biggest winners this year, and their strength pushed the Nasdaq Composite into positive territory on Thursday.




and

Jim Cramer reacts to AMD, Starbucks, Boeing, GE and Alphabet earnings reports

The "Mad Money" host offered his thoughts on each companies' latest quarterly results and recommended multiple stocks for buys.




and

Cramer's lightning round: Wait for Raytheon to go lower and then buy

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.




and

Clorox CEO boosts ad spend by $50 million as disinfectant demand surges amid coronaviurs pandemic

"We're investing in future capacities so that we're better equipped to meet the demand in future surges," Clorox CEO Benno Dorer said.




and

'She had the vision' — Marc Benioff credits Rhode Island governor for inspiring Salesforce's contact tracing tools

Salesforce CEO Marc Benioff said it was Rhode Island Gov. Gina Raimondo's idea to couple contact tracing with coronavirus testing as the software maker sought to launch Work.com.




and

Facebook, Alphabet and Amazon are in a 'three-horse race' in advertising, Jim Cramer says

"With this latest quarter, they've pretty much become the only game in town," the "Mad Money" host said.




and

When will restaurants and bars reopen? Here's what experts are saying

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.




and

State Department quietly begins reopening amid coronavirus pandemic

The plan, entitled "Diplomacy Strong," includes policies on travel, telework, face coverings, as well as social distancing requirements for common spaces such as cafeterias.




and

Virus hits Trump's inner circle, unemployment rivals Great Depression: This week's recap and our best reads

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.




and

Wildlife habitat destruction and deforestation will cause more deadly pandemics like coronavirus, scientists warn

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.




and

FDA gives emergency authorization for new antigen test to help detect coronavirus quicker and cheaper

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.




and

Can stocks and bonds both be right? Making sense of rising equities and ultra-low Treasury yields

Both markets are responding, each in its own way, to the same accommodative Fed.




and

This defensive sector is market's best right now, and history suggests more gains are coming

Utilities is now the stock market's best-performing sector this year, as the coronavirus sends investors into a defensive position. History says gains can continue.




and

Cramer praises Elon Musk for a 'magnificent' quarter, compares Tesla stock to Netflix and Amazon

CNBC's Jim Cramer said the rapid rise in Tesla shares reminds him of the stock trajectories of some of the most successful tech companies.