la Tom Brady and the Bucs: Pundits expect clashes in playing style and a test of team culture By www.cnbc.com Published On :: Thu, 19 Mar 2020 22:18:35 GMT The Tom Brady to Tampa Bay Buccaneers deal has yet to be compete, but some NFL pundits see both pros and cons to the partnership. Full Article
la UK TV watchdog 'assessing' popular daytime show over comments on 5G-coronavirus conspiracy theories By www.cnbc.com Published On :: Wed, 15 Apr 2020 07:57:27 GMT Ofcom is looking into a popular morning show after its presenter made comments about baseless conspiracy theories linking Covid-19 to 5G. Full Article
la NBCUniversal's Peacock has a buffer against ad slowdown with launch partners — here's why they signed up By www.cnbc.com Published On :: Tue, 21 Apr 2020 17:57:05 GMT Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend. Full Article
la Gap plans to reopen 800 stores by the end of May By www.cnbc.com Published On :: Wed, 06 May 2020 19:02:38 GMT Gap Inc. is preparing to reopen 800 of its apparel shops by the end of May, as states such as Texas and South Carolina slowly begin to lift lockdown restrictions that were put into place due to the coronavirus pandemic. Full Article
la The meat supply chain is broken. Here's why shortages are likely to last during the coronavirus pandemic By www.cnbc.com Published On :: Thu, 07 May 2020 19:39:57 GMT Challenges with the country's meat supply chain will likely linger as long as the coronavirus pandemic does causing periodic shortages. Full Article
la Federal watchdog finds top vaccine doctor should be reinstated, lawyers say By www.cnbc.com Published On :: Fri, 08 May 2020 20:15:39 GMT A government watchdog has found that there is evidence that federal scientist Rick Bright was ousted as head of a health agency for his pushback to a controversial coronavirus drug treatment embraced by President Donald Trump, Bright's lawyers said. Full Article
la She fled coronavirus-stricken Brooklyn to live in Oklahoma: 'You're just in this survival mode' By www.cnbc.com Published On :: Thu, 30 Apr 2020 16:28:37 GMT Lindsey Marvel, 38, moved to New York because, she said, "I'm literally going big or going home." Now she's going home to Tulsa, Oklahoma. The effect that Covid-19 has had not just on her personal life, but on the city she loves, was simply too much. Full Article
la Fleeing NYC for Oklahoma: 'You're just in this survival mode' By www.cnbc.com Published On :: Thu, 30 Apr 2020 18:19:04 GMT CNBC's Diana Olick reports on a woman's tough decision to flee Brooklyn, New York for Oklahoma. Full Article
la Coronavirus mortgage bailout program grows again as more homeowners delay payments By www.cnbc.com Published On :: Fri, 01 May 2020 14:33:57 GMT Applications to the government's mortgage bailout program have been swelling at a rate of about half a million a week. Full Article
la Landlords are worried increasingly fewer tenants will pay rent as coronavirus job losses mount By www.cnbc.com Published On :: Fri, 01 May 2020 16:32:15 GMT Rent is traditionally due on the first of the month, and with each passing month more tenants are becoming late on their payments. Full Article
la Covid-19 is forcing mortgage and rent delays By www.cnbc.com Published On :: Fri, 01 May 2020 19:18:58 GMT 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. Full Article
la WeWork's Adam Neumann once said he had a 'beautiful relationship' with SoftBank's Masa Son; now he calls out 'abuse of power' in lawsuit filing By www.cnbc.com Published On :: Wed, 06 May 2020 06:56:01 GMT In the lawsuit, Neumann accuses Softbank of backing out of a key provision of its nearly $10 billion bailout agreed to in October. Neumann was the biggest beneficiary of the deal that would have seen him cash out $970 million worth of his stake in the coworking startup. Full Article
la Stocks making the biggest moves midday: Tesla, Uber, MGM Resorts & more By www.cnbc.com Published On :: Fri, 08 May 2020 17:16:30 GMT Check out the companies making headlines in midday trading on Friday. Full Article
la Shanghai Disneyland tickets sellout for opening day, signaling pent up demand for theme parks By www.cnbc.com Published On :: Fri, 08 May 2020 15:14:27 GMT It seems Chinese consumers aren't afraid to return to theme parks. Tickets for Monday's reopening of Shanghai Disney sold out within minutes. Full Article
la Pending home sales tank nearly 21% in March, but Realtors claim prices will hold up By www.cnbc.com Published On :: Wed, 29 Apr 2020 14:58:35 GMT Home sales took a deep dive in March as the coronavirus pandemic shut down much of the economy, and homebuyers and sellers pulled out of the normally busy spring market. Full Article
la 8-month 'structured lockdowns' could halve economic damage from the coronavirus, research claims By www.cnbc.com Published On :: Wed, 29 Apr 2020 14:36:19 GMT Researchers at Cambridge University and the U.S. Federal Reserve Board found that imposing no lockdown measures in the face of Covid-19 was "extremely risky" for developed economies. Full Article
la Fed pledges to keep rates near zero until full employment, inflation come back By www.cnbc.com Published On :: Wed, 29 Apr 2020 21:32:10 GMT The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggressive policy. Full Article
la US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks By www.cnbc.com Published On :: Thu, 30 Apr 2020 19:46:43 GMT Jobless claims for the week ended April 25 came in at the lowest level in a month but bring the rolling six-week total to 30.3 million as part of the worst employment crisis in U.S. history Full Article
la April's jobs report showing millions out of work looms large in the week ahead By www.cnbc.com Published On :: Fri, 01 May 2020 21:26:14 GMT In the week ahead, the April jobs report is expected to show the highest unemployment since 1939. Full Article
la Test, trace, isolate: Governments need to do these three things before reopening economies, expert warns By www.cnbc.com Published On :: Tue, 05 May 2020 12:44:07 GMT A global health expert and physician told CNBC that easing lockdowns without taking certain action would risk a second surge in coronavirus infections. Full Article
la Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter By www.cnbc.com Published On :: Tue, 05 May 2020 22:07:16 GMT "More policy support will be needed from the Fed and possibly also fiscal policy. It just depends on how this evolves," Clarida told CNBC. Full Article
la Treasury launches 20-year bond to help fund the record borrowing needed this quarter By www.cnbc.com Published On :: Wed, 06 May 2020 14:26:37 GMT An auction May 20 will feature a sale of $20 billion worth as part of an effort to push the record-setting debt levels further out in terms of duration. Full Article
la Spain reports uptick in daily coronavirus deaths; Australia plans reopening in 3 stages By www.cnbc.com Published On :: Fri, 08 May 2020 11:51:28 GMT Spain saw 229 new deaths related to Covid-19, up from 213 the day before. Full Article
la 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
la Relax, yuan won't depreciate further: BofA By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Lu Ting, Greater China Economist at Bank of America Merrill Lynch, dismisses the possibility of the yuan falling to 6.4 against the greenback. Full Article
la Impressed by PetroChina's earnings: Barclays By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Somshankar Sinha, Director, Asia ex-Japan Oil & Gas Research at Barclays, highlights the firm's lower capex spending as a key area to look out for in the year ahead. Full Article
la World Bank: China's rebalancing act is challenging By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Sri Mulyani Indrawati, COO & Managing Director at the World Bank, says China's attempt to shift its economic model will require many policy adjustments. Full Article
la HSBC flash PMI confirms China slowdown: Moody's By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Alaistair Chan, Economist at Moody's Analytics, attributes the weak data to monetary tightening last year. Full Article
la MH370 was not hijacked: Ribbeck Law Chartered By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Monica Kelly, Partner at Ribbeck Law Chartered, explains the firm's filing of a court petition against Malaysia Airlines and Boeing for the disappearance of the former's flight 370. Full Article
la Oil prices to trade above 50 dollars again next year: ING By www.cnbc.com Published On :: Wed, 06 May 2020 00:51:42 GMT Warren Patterson of ING explains why he sees a rebound in oil prices next year. Full Article
la Trump's tariff threats against China are 'largely bluster': Charles Schwab By www.cnbc.com Published On :: Wed, 06 May 2020 03:33:12 GMT It will be difficult for U.S. President Donald Trump to backtrack on the U.S.-China "phase one" trade deal after previously lauding it as "the best deal ever made", says Jeffrey Kleintop of Charles Schwab, adding that March trade data shows a pickup in U.S. exports to China. Full Article
la Latest round of US China trade tensions is 'more posturing than reality': Strategist By www.cnbc.com Published On :: Thu, 07 May 2020 02:22:40 GMT Phil Blancato, CEO of Ladenburg Thalmann Asset Management, says "no one wants more economic pain" in this current environment, adding that he would be surprised if the current US China trade tensions escalate. Full Article
la Even if China sells US treasuries, demand from other sources will keep the dollar elevated: TD Securities By www.cnbc.com Published On :: Thu, 07 May 2020 02:50:50 GMT 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. Full Article
la 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
la 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
la Elon Musk says orders to stay home are 'fascist' in expletive-laced rant during Tesla earnings call By www.cnbc.com Published On :: Thu, 30 Apr 2020 17:11:40 GMT Tesla CEO Elon Musk lashed out at government stay at home orders as "fascist" in an expletive-laced rant on Tesla's Q1 earnings call. Full Article
la Mercedes-Benz reopened an Alabama auto plant. Here's how it happened By www.cnbc.com Published On :: Thu, 30 Apr 2020 15:05:56 GMT Daimler, which owns Mercedes-Benz, says it took "robust and best practice safety measures" to ensure that the reopening of the plant was safe for its 4,200 workers. Full Article
la Ford plans health screenings, temperature checks to bring office workers back beginning in June By www.cnbc.com Published On :: Thu, 30 Apr 2020 19:16:16 GMT Ford Motor expects to begin calling back salaried employees who have been working remotely due to the coronavirus pandemic beginning in late June, executives said Thursday. Full Article
la 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
la Tesla tells furloughed workers to expect a week or more of unemployment By www.cnbc.com Published On :: Sat, 02 May 2020 02:23:46 GMT On Friday, Tesla braced its furloughed U.S. employees for at least another week of unemployment, wrapping up a wild week that included expletives and wild tweets from CEO Elon Musk. Full Article
la 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
la 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
la 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
la This wartime law gives Trump exceptional power over US economy By www.cnbc.com Published On :: Tue, 05 May 2020 15:12:10 GMT President Trump has invoked a Korean War-era law to fight the coronavirus pandemic. The Defense Production Act gives the president extraordinary powers over the U.S. economy, which supporters of the move say is necessary to contain the disease. Full Article
la Michigan lawmakers lead congressional push to include auto industry in next stimulus bill By www.cnbc.com Published On :: Wed, 06 May 2020 22:24:51 GMT "The projected economic fallout for the (auto) industry is grave," reads the bipartisan letter signed by nine lawmakers from Michigan, Ohio, Tennessee, Texas and Alabama, all states with big auto manufacturing plants. Full Article
la Tesla reportedly halts car production at Chinese factory By www.cnbc.com Published On :: Thu, 07 May 2020 15:54:42 GMT It's unclear why Tesla halted its operations at the plant that's normally operated six days a week. But the move means that Tesla isn't making any cars worldwide. Full Article
la Michigan governor to allow state's auto manufacturing plants to reopen next week By www.cnbc.com Published On :: Thu, 07 May 2020 22:32:34 GMT Michigan Gov. Gretchen Whitmer will allow the state's auto manufacturing plants, most of which have been shuttered since March due to the coronavirus pandemic, to reopen beginning Monday. Full Article
la Tesla's Fremont plant will resume 'limited operations' on Friday By www.cnbc.com Published On :: Fri, 08 May 2020 12:25:46 GMT The plant will bring back around 30% of employees normally working on a shift. Full Article
la 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
la 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