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The US wind industry installed over 1,800 megawatts in first quarter, but the coronavirus remains a risk

The renewable energy sector is being affected by the coronavirus in a number of ways.




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Feeding strawberries to cows: Farmers forced to throw fruit and flowers as coronavirus disrupts supplies

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.




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In Milan, tall buildings covered in trees offer a glimpse of what urban living could look like in the future

Milan is home to the Bosco Verticale, or Vertical Forest, a striking development of residential buildings.




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In Sweden, hydrogen has been used to heat steel in a bid to boost sustainability

Hydrogen was used instead of liquefied petroleum gas.




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A massive renewable energy scheme in Australia has been recommended for environmental approval

Several big firms, including Danish wind turbine manufacturer Vestas, are involved in the project.




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Markets are getting too excited about the oil price rally too soon, analysts warn

Lack of storage space for crude globally remains a massive problem, and will keep a ceiling on oil prices for the near future.




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World's largest ethanol producer forced to find a new market — hand sanitizer

POET, based in Sioux Falls, South Dakota, has re-engineered systems to make pharmaceutical grade hand sanitizer.




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NHL Commissioner Gary Bettman: No COVID-19 in NHL reported yet

The commissioner says he would like to call this time a "pause" for the league instead of a suspension.




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The Masters and other major golf tournaments are postponed due to coronavirus

The 2020 Masters event has been postponed due to fears of coronavirus outbreak, Augusta National Golf Club chairman Fred Ridley announced on Friday.




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Boston Marathon delayed until September due to coronavirus

The Boston Marathon has been postponed until September because of the coronavirus, according to an official statement from the Boston Athletic Association.




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NBA and NHL say players can still travel after seasons suspended due to coronavirus

The NHL joined the NBA in allowing its players to travel outside of club cities as the coronavirus continues to halt the sports injdusty.




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MLB to offer compensation to minor league players affected by coronavirus work stoppage

Major League Baseball said it will offer financial assistance to minor league players affected by the work stoppage due to the coronavirus pandemic.




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Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet

Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival.




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AT&T president says consumer behavior will be fundamentally changed from coronavirus

"We're going to return to a different economic environment. We're going to return to different business models," AT&T President and COO John Stankey told CNBC.




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LinkedIn offers to connect job-seekers with essential businesses for free

In the wake of COVID-19 shutting down broad swaths of the economy, LinkedIn is ditching the core engine of its business model to help people connect with jobs at no cost.




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Why Disney is furloughing workers and the other media giants aren't

Parks and Resorts is Disney's largest division, responsible for 35% of its revenue in 2019. That reliance on gathering large groups of people in public lies at the heart of Disney's challenges right now.Dis




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NBCUniversal's Peacock has a buffer against ad slowdown with launch partners — here's why they signed up

Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend.




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Online education company Coursera offers unemployed workers thousands of free courses

Unemployed workers are gaining free access to 3,800 courses created by elite universities and companies such as Amazon to learn skills and gain professional certificates for new job opportunities.




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Amazon and Microsoft trade barbs over JEDI contract appeal

The JEDI, or Joint Enterprise Defense Infrastructure, deal worth up to $10 billion has become one of the most tangled contracts for the Department of Defense.




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Federal watchdog finds top vaccine doctor should be reinstated, lawyers say

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.




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Fed holds rates near zero — here's what that means for you

For everyday Americans with good credit, historically low interest rates on mortgages and credit cards can be a lifesaver. Riskier borrowers will have to look elsewhere for relief.




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She fled coronavirus-stricken Brooklyn to live in Oklahoma: 'You're just in this survival mode'

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.




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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.




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I just refinanced my mortgage, despite coronavirus. Here's what I learned

Two months after applying for a new loan, I closed on April 27. The process was painless, but some things were worth noting for those exploring an online mortgage or refinance during coronavirus.




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Ousted WeWork CEO Adam Neumann is suing SoftBank — Here's why

Founder and former CEO of WeWork Adam Neumann is suing SoftBank, the company's biggest investor. CNBC's Deidre Bosa reports.




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Here's what homeowners need to know about forbearances

CNBC's Diana Olick breaks down what homeowners need to know about mortgage forbearances.




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Department stores had an insane week. Here's everything that happened

It was another onslaught of bad news from America's department store chains, including bankruptcy filings and store closures, this week. And that likely will not be letting up anytime soon.




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Booking Holdings CEO says a coronavirus vaccine is needed to make travelers feel safe again

Even as economies start to reopen, Booking Holdings CEO Glenn Fogel said the travel industry will take years to recover to pre-coronavirus levels.




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Federal Reserve seeks banks' advice as it gets into direct lending with coronavirus relief

The Federal Reserve has reached out to investment and retail banks for feedback on its Main Street lending program ahead of its formal launch, according to people familiar with the matter.




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The US will need to spend trillions more as economy takes until 2022 to fully recover: CNBC survey

A third of respondents in the CNBC Fed survey believe the economy won't be fully restored until the second quarter of 2022.




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The Fed may provide more details on the policy 'bazooka' it fired to help markets

The Fed is not expected to adjust rates but it could provide details on the unprecedented moves it has made to fight the virus impact.




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8-month 'structured lockdowns' could halve economic damage from the coronavirus, research claims

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.




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Over 50% of department stores in malls predicted to close by 2021, real estate services firm says

Department stores still represent about 60% of the anchor space within malls across the U.S. today, according to Green Street Advisors.




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Powell says the economy will likely need more support from the Fed for the recovery to be 'robust'

Federal Reserve Chairman Jerome Powell said more stimulus is needed to ensure a robust economic recovery from the coronavirus crisis.




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Fed pledges to keep rates near zero until full employment, inflation come back

The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggressive policy.




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Test, trace, isolate: Governments need to do these three things before reopening economies, expert warns

A global health expert and physician told CNBC that easing lockdowns without taking certain action would risk a second surge in coronavirus infections.




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Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter

"More policy support will be needed from the Fed and possibly also fiscal policy. It just depends on how this evolves," Clarida told CNBC.




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Treasury launches 20-year bond to help fund the record borrowing needed this quarter

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.




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Hydroxychloroquine fails to help hospitalized coronavirus patients in US funded study

Hydroxychloroquine, a decades-old malaria drug touted by President Donald Trump, didn't appear to help hospitalized patients with Covid-19, according to a new observational study.




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Trump says coronavirus tests are 'overrated,' but he will get tested daily

The new daily testing policy for the president and the people in his circle comes hours after the White House acknowledged that a personal valet for Trump tested positive for Covid-19.




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Republicans stall on next coronavirus relief bill, United Airlines halts $2.25 billion bond offering

Covid-19 has infected more than 3.8 million people around the world as of Friday, killing at least 269,881 people.




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Moderna CEO says supply of coronavirus vaccine will be limited, US will help decide who gets it first

"We will all be supply constrained for quite some time, meaning we won't be able to make as many product as will be required to vaccinate everyone on the planet," CEO Stephane Bancel said on CNBC's "Squawk Box."




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Vice President Mike Pence torched after jokingly asking to carry empty boxes at nursing home 'just for the camera'

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.




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Russia's Victory Day celebrations pared back; Spain's daily coronavirus death tolls falls

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.




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Why the Fed isn't ready for a rate hike yet

Quincy Krosby, Market Strategist at Prudential Financial, explains why the U.S. central bank is still far from initiating a rate hike.




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Impressed by PetroChina's earnings: Barclays

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.




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This may have slowed down MH370 search

Hans Weber, President at Tecop International, says the time-consuming process of analyzing satellite data could have slowed down the flow of information available for the search for MH370.




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MH370 was not hijacked: Ribbeck Law Chartered

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.




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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.




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Markets have priced in bad economic data, but not trade tensions: Strategist

Markets are unlikely to react to bad economic data in the second quarter, says Brian Belski of BMO Capital Markets, adding that any volatility seen near-term will be from a resurgence in U.S.-China trade tensions.