li

United Airlines makes some worker schedule cuts voluntary after outcry, lawsuit from union

United is walking back some worker schedule cuts, making them voluntary, after a lawsuit from the employees' union




li

Airlines want relief from flying near-empty planes as passenger numbers hit lowest since the 1950s amid virus

Airlines want the government to loosen the amount of air service they're required to provide as the number of passengers on board hits the lowest since the 1950s.




li

Finally seeing some light at the end of the tunnel: European Travel Commission

Eduardo Santander, executive general of the European Travel Commission, shares his outlook for the European tourism industry amid the coronavirus crisis.




li

Frontier Airlines becomes first US airline to institute temperature checks

The travel landscape continues to evolve during the coronavirus pandemic. CNBC's Phil LeBeau reports the details about temperature checks for airline passengers.




li

Cuomo says it's 'shocking' most new coronavirus hospitalizations are people who had been staying home

Early look at data from 100 New York hospitals shows that 66% of new admissions related to the virus are people who were at home, Cuomo said.




li

California's recovery from the coronavirus will take 'longer than people think,' Gov. Gavin Newsom says

"It's going to take a lot longer than people are saying. This is serious, we've never experienced anything like this in our lifetime," Newsom said regarding California's recovery from Covid-19.




li

Asia stocks little changed as data shows China's exports unexpectedly rose in April

Data showed China's exports rose 3.5% from a year ago, versus a 15.7% decline in a Reuters poll.




li

San Francisco targets May 18 for some businesses to resume as California unveils reopening guidelines

Covid-19 has infected 3.7 million people globally, and killed at least 264,111 as of Thursday.




li

Millions of 'easy-to-use' coronavirus tests will be available by end of summer, top US health official says

Americans need coronavirus tests "that do not require hours or days to determine results," the head of the NIH tells Congress.




li

How Tim Ferriss uses techniques from this ancient philosophy to handle Covid-19 stock market volatility, emotions

Investor and author Tim Ferriss said that he's struggled amid the Covid-19 pandemic. But there's a Stoic practice called "premeditation malorum" that has helped him sit with decisions in difficult times. Here's how to use it.




li

How Warren Buffett's son spent the $90,000 of Berkshire stock he got at 19—worth $200 million now: 'I don't regret it'

Rather than spending his Berkshire Hathaway stock inheritance on extravagant things (or allowing it to accrue in value), Warren Buffett's son says he used it to buy something "infinitely more valuable than money." And he has no regrets.




li

Shut out of PPP loans, struggling with no child care: How Covid-19 is impacting women-owned small businesses

CNBC Make It spoke to female entrepreneurs about the impact today's pandemic is having on their companies as they fight for federal funding, pivot business operations and manage child-care.




li

Online AP Exams start on Monday—here's what students and parents need to know

This year, some 3.4 million students are registered to take AP Exams online between May 11 and May 22.




li

Fashion designer Rebecca Minkoff has advice for small businesses struggling through the pandemic

As co-founder and creative director of her own fashion line, Rebecca Minkoff understands the current struggles small-business owners are now facing — especially women. Here's her advice on how to survive.




li

Kids can't be an 'afterthought': Some states are reopening without lifting child-care restrictions

As states start to rescind their coronavirus-related stay-at-home orders, some are not lifting child care restrictions just yet, leaving many parents worried about how they'll be able to return to work.




li

Melinda Gates on US response to pandemic caregiving crisis: 'I'm disappointed in what I've been seeing'

Billionaire philanthropist Melinda Gates shares her thoughts about the U.S. response to coronavirus and why solving the current caregiving crisis is crucial.




li

'Like a kid whose parents are withholding critical information': How workers feel about virtual layoffs

Companies large and small are handling layoffs over minutes-long, scripted video calls, but workers say there's a better way to handle them.




li

Walt Disney's former Palm Springs 'technicolor dream house' on sale for $1 million – take a look inside

Located in Palm Springs, California, the "technicolor" property was built for Walt Disney and his wife, Lillian, in 1962, according to the listing.




li

Facebook, YouTube and other platforms are struggling to remove new pandemic conspiracy video

Platforms including Facebook, Alphabet's YouTube, IAC's Vimeo and Twitter are struggling to stay ahead of the spread of the "Plandemic" conspiracy video, which contains claims that defy the advice of medical experts.




li

Tesla secures $565 million loan for Shanghai factory

Electric carmaker Tesla has entered into an agreement for a working capital loan of up to 4 billion yuan ($565.51 million) with a lender from China for its Shanghai car plant, according to a regulatory filing on Friday.




li

Oil and gas companies set to lose $1 trillion in revenues this year

The energy sector is shrinking so dramatically that it's become the second-smallest group in the whole S&P index.




li

ConocoPhillips CEO says 'we're on the lookout' for acquisitions as oil prices stay under $20

ConocoPhillip's Ryan Lance said on "Power Lunch" that his company is looking at potential acquisitions as the energy sector struggles with low oil prices.




li

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.




li

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.




li

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

Hydrogen was used instead of liquefied petroleum gas.




li

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.




li

Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm

"We must reduce budget expenditures sharply," the Saudi finance minister said over the weekend. "Saudi finances need more discipline and the road ahead is long."




li

Bioplastics developer raises $133 million in new funding in quest to replace single-use plastics

RWDC Industries, which makes a sustainable material solution that can be used as a substitute for plastic, raised $133 million in Series B funding.




li

Oil drops nearly 2%, erasing earlier gain of more than 11%

Oil prices reversed gains to settle lower on Thursday, despite optimism surrounding producers scaling back production as well as demand improving.




li

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.




li

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.




li

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.




li

Pop radio in decline, streaming on the rise: How the coronavirus is changing what we listen to

Instead of car radio, people calling on digital assistants like Amazon's Alexa and Apple's Siri to fire up some music while they cook.




li

Designers are now making fashion face masks and people can even buy a Billie Eilish one

A raft of fashion labels are now making non-medical masks to sell to consumers, including band t-shirt maker Bravado, which has made Rolling Stones, Queen and Ariana Grande versions.




li

Target in talks to boost its same-day delivery ambitions by buying pieces of startup Deliv

The aspect of the technology that interests Target is its ability to pool multiple orders and route them to a similar place, NBC News reports.




li

The meat supply chain is broken. Here's why shortages are likely to last during the coronavirus pandemic

Challenges with the country's meat supply chain will likely linger as long as the coronavirus pandemic does causing periodic shortages.




li

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.




li

New Jersey homeowners are getting some property tax relief. Here's what that means

Garden State homeowners may get a little more time to pay property taxes to their municipalities. An executive order gives cash-strapped residents a break but puts stress on localities' budgets.




li

Homeowners should grab this emergency lifeline before it dries up

Wells Fargo and JPMorgan Chase are temporarily halting applications for home equity lines of credit. If other lenders follow suit, it could mean that homeowners will miss out on an emergency source of funding. What you should know.




li

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

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.




li

Weekly mortgage applications show real recovery in homebuying, as interest rates set another record low

Homebuyers appear to be heading slowly back into the market, as the coronavirus-stricken economy begins to reopen.




li

Struggling to pay your mortgage? Here's how to get help

If you have been financially impacted by Covid-19 and are worried about paying your mortgage, you could consider applying for forbearance. Under the Cares Act, struggling homeowners can either reduce or pause payments on a federally backed mortgage loan. Many private lenders are also offering relief.




li

Mall owner Brookfield will spend $5 billion to save retailers

Property and mall owner Brookfield Asset Management is targeting spending $5 billion to help struggling retailers, as the retail industry reels from the coronavirus pandemic, the company announced Thursday.




li

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.




li

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.




li

JC Penney in talks to fund potential bankruptcy filing next week

If J.C. Penney files for bankruptcy without financing in hand, it could doom the department store chain's restructuring process.




li

Consumer confidence plunges in April as millions lose jobs

The Conference Board said Tuesday that its confidence index tumbled to a reading of 86.9, the lowest level in nearly six years and down from 118.8 in March.




li

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.




li

Millions can't access unemployment benefits so actual job losses are likely greater than data shows

The number of Americans who have lost their jobs during the coronavirus pandemic could be even bleaker than official government data suggests.




li

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.