me Facebook will allow most employees to work from home through end of 2020 By www.cnbc.com Published On :: Thu, 07 May 2020 23:02:50 GMT Facebook CEO Mark Zuckerberg will announce Thursday that most of the company's employees will be given the choice to continue to work from home through the end of 2020, a company spokeswoman told CNBC. Full Article
me Uber shares shoot up after CEO says ride volume is increasing again after April bottom By www.cnbc.com Published On :: Thu, 07 May 2020 22:15:45 GMT Uber reported first-quarter earnings on Thursday, and while the company lost $2.9 billion during the quarter, the stock rose after hours on optimistic comments from CEO Dara Khosrowshahi. Full Article
me Apple is reportedly starting to build some of its AirPods in Vietnam By www.cnbc.com Published On :: Fri, 08 May 2020 17:13:07 GMT About 30% of the company's classic AirPods will be produced in Vietnam rather than China, the Nikkei Asian Review reported. Full Article
me The US wind industry installed over 1,800 megawatts in first quarter, but the coronavirus remains a risk By www.cnbc.com Published On :: Thu, 30 Apr 2020 14:05:03 GMT The renewable energy sector is being affected by the coronavirus in a number of ways. Full Article
me Feeding strawberries to cows: Farmers forced to throw fruit and flowers as coronavirus disrupts supplies By www.cnbc.com Published On :: Fri, 01 May 2020 05:04:05 GMT 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. Full Article
me A massive renewable energy scheme in Australia has been recommended for environmental approval By www.cnbc.com Published On :: Mon, 04 May 2020 14:37:56 GMT Several big firms, including Danish wind turbine manufacturer Vestas, are involved in the project. Full Article
me Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm By www.cnbc.com Published On :: Mon, 04 May 2020 16:25:57 GMT "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." Full Article
me Oil surges 20%, posts fifth straight day of gains for first time since July By www.cnbc.com Published On :: Tue, 05 May 2020 18:41:50 GMT Oil prices jumped on Tuesday in their fifth straight day of gains as traders eyed demand recovery as economies reopen. Full Article
me Social-distancing measures look set to transform London's roads and sidewalks By www.cnbc.com Published On :: Wed, 06 May 2020 15:16:45 GMT More specific measures relating to the program will be published in next few weeks. Full Article
me The Masters and other major golf tournaments are postponed due to coronavirus By www.cnbc.com Published On :: Fri, 13 Mar 2020 15:14:26 GMT The 2020 Masters event has been postponed due to fears of coronavirus outbreak, Augusta National Golf Club chairman Fred Ridley announced on Friday. Full Article
me NFL players union approves new agreement that includes pay increases and extra regular season game By www.cnbc.com Published On :: Sun, 15 Mar 2020 14:23:13 GMT The National Football League Players Association has approved terms of a new 10-year collective bargaining agreement with NFL team owners. Full Article
me Doctors and patients wonder if the NBA is getting special treatment with coronavirus tests By www.cnbc.com Published On :: Thu, 19 Mar 2020 23:23:02 GMT Sick patients are being turned away, unable to receive tests because they simply aren't available. In a stark contrast, the NBA said that as of Wednesday, at least eight teams had been tested for the COVID-19 coronavirus. Full Article
me Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet By www.cnbc.com Published On :: Thu, 02 Apr 2020 19:01:15 GMT 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. Full Article
me AT&T president says consumer behavior will be fundamentally changed from coronavirus By www.cnbc.com Published On :: Wed, 01 Apr 2020 20:53:12 GMT "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. Full Article
me 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
me Why Disney is furloughing workers and the other media giants aren't By www.cnbc.com Published On :: Mon, 20 Apr 2020 23:01:03 GMT 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 Full Article
me Men's shirt retailer Untuckit taps real estate restructuring firm to renegotiate deals during coronavirus By www.cnbc.com Published On :: Tue, 05 May 2020 21:59:41 GMT The move by Untuckit comes as a number of retailers are looking to renegotiate deals with their landlords, or shut stores entirely, as the Covid-19 pandemic has forced doors temporarily shut to try to curb the spread of the virus. Full Article
me Kroger CEO: Customers will have meat during the coronavirus pandemic, so long as they are 'flexible' By www.cnbc.com Published On :: Wed, 06 May 2020 16:03:28 GMT The supermarket chain executive said Kroger is working with new meat suppliers and diverting meat that would have gone to restaurants to try to stay in stock. Full Article
me 'Today's norm to tomorrow's everyday routines,' CVS CEO says the pandemic will change customers' shopping, health-care habits By www.cnbc.com Published On :: Wed, 06 May 2020 22:22:22 GMT The health-care company's chief executive, Larry Merlo, said trends that emerged during the pandemic, such as use of telemedicine and prescription delivery to the home, may continue to be popular. Full Article
me Kohl's CEO: Our real estate is an asset emerging from the coronavirus pandemic By www.cnbc.com Published On :: Thu, 07 May 2020 15:19:06 GMT Kohl's announced Thursday morning that it plans to have 25% of its stores reopened by next week. Full Article
me Target in talks to boost its same-day delivery ambitions by buying pieces of startup Deliv By www.cnbc.com Published On :: Thu, 07 May 2020 16:23:35 GMT 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. Full Article
me 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
me Fed holds rates near zero — here's what that means for you By www.cnbc.com Published On :: Wed, 29 Apr 2020 18:26:11 GMT 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. Full Article
me New Jersey homeowners are getting some property tax relief. Here's what that means By www.cnbc.com Published On :: Thu, 30 Apr 2020 17:40:27 GMT 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. Full Article
me 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
me Homeowners should grab this emergency lifeline before it dries up By www.cnbc.com Published On :: Fri, 01 May 2020 19:52:49 GMT 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. Full Article
me Coronavirus will shrink US home prices by 2-3% nationally, Zillow forecasts, but deeper dive could be in store By www.cnbc.com Published On :: Tue, 05 May 2020 18:00:31 GMT Home prices have only fallen nationally once since the Great Depression, and that was after the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according to Zillow. Full Article
me Here's what homeowners need to know about forbearances By www.cnbc.com Published On :: Tue, 05 May 2020 17:58:33 GMT CNBC's Diana Olick breaks down what homeowners need to know about mortgage forbearances. Full Article
me Weekly mortgage applications show real recovery in homebuying, as interest rates set another record low By www.cnbc.com Published On :: Thu, 07 May 2020 00:12:50 GMT Homebuyers appear to be heading slowly back into the market, as the coronavirus-stricken economy begins to reopen. Full Article
me Consumer confidence in housing falls to lowest level since the subprime crash By www.cnbc.com Published On :: Thu, 07 May 2020 16:17:26 GMT The economic free fall from Covid-19 is taking its toll on what had been strong housing demand just a few months ago. Full Article
me 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
me Rural retail chain owner Stage Stores prepares for bankruptcy that could come as soon as next week By www.cnbc.com Published On :: Fri, 08 May 2020 20:45:19 GMT Stage Stores has about 700 department stores predominately in small towns and rural communities. It employed roughly 13,600 full-time and part-time employees as of February. Full Article
me Department stores had an insane week. Here's everything that happened By www.cnbc.com Published On :: Fri, 08 May 2020 21:08:06 GMT 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. Full Article
me Consumer confidence plunges in April as millions lose jobs By www.cnbc.com Published On :: Tue, 28 Apr 2020 15:24:58 GMT 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. Full Article
me Millions can't access unemployment benefits so actual job losses are likely greater than data shows By www.cnbc.com Published On :: Tue, 28 Apr 2020 20:49:41 GMT The number of Americans who have lost their jobs during the coronavirus pandemic could be even bleaker than official government data suggests. Full Article
me 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
me Over 50% of department stores in malls predicted to close by 2021, real estate services firm says By www.cnbc.com Published On :: Wed, 29 Apr 2020 21:04:05 GMT Department stores still represent about 60% of the anchor space within malls across the U.S. today, according to Green Street Advisors. Full Article
me Trump to meet with executives from Waffle House, Wynn, Toyota, others to discuss reopening economy By www.cnbc.com Published On :: Wed, 29 Apr 2020 21:18:19 GMT Trump has been soliciting feedback from a wide range of executives on when and how to reopen businesses that have shuttered their doors amid the coronavirus pandemic. Full Article
me 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
me US consumer spending plunges 7.5% in March, reflecting virus By www.cnbc.com Published On :: Thu, 30 Apr 2020 14:25:56 GMT U.S. consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home orders. Full Article
me 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
me Consumer debt hits new record of $14.3 trillion By www.cnbc.com Published On :: Tue, 05 May 2020 19:07:12 GMT Household debt balances through March totaled $14.3 trillion, a 1.1% increase from the previous quarter and now $1.6 trillion clear of the previous nominal high of $12.7 trillion in the third quarter of 2008 during the financial crisis, Full Article
me Most 2020 swing state voters want more direct payments during coronavirus, CNBC/Change Research poll finds By www.cnbc.com Published On :: Wed, 06 May 2020 17:56:33 GMT Democrats are pushing for at least one more round of direct payments during the coronavirus crisis after many voters got $1,200 stimulus checks. Full Article
me NY Gov. Cuomo says he won't sacrifice human lives to reopen the economy: The argument is 'absurd' By www.cnbc.com Published On :: Thu, 07 May 2020 19:36:43 GMT "This is not a situation where you can go to the American people and say, 'How many lives are you willing to lose to reopen the economy?' We don't want to lose any lives," Cuomo said. Full Article
me It's critical we have cheap, rapid at-home testing for Covid-19, but that could take weeks or even months, experts say By www.cnbc.com Published On :: Fri, 08 May 2020 13:59:19 GMT Most experts agree that Covid-19 testing is vital to safely reopen the economy. But getting to scale presents challenges, they say. Full Article
me Melinda Gates says US coronavirus response is 'chaos,' gives Trump administration a D-minus grade By www.cnbc.com Published On :: Fri, 08 May 2020 16:02:47 GMT Melinda Gates, co-chairman of the Bill & Melinda Gates Foundation, gave President Donald Trump's administration a "D-minus" on its handling of the coronavirus pandemic, criticizing lack of leadership on both national and international levels. Full Article
me Vice President Mike Pence torched after jokingly asking to carry empty boxes at nursing home 'just for the camera' By www.cnbc.com Published On :: Fri, 08 May 2020 17:18:25 GMT 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. Full Article
me All eyes on Moscow following Crimea vote: Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Angela Stent, author of 'The Limits of Partnership: US-Russian Relations in the Twenty-First Century,' warns that attention will fall on Vladimir Putin as to whether Crimea will join Russia officially. Full Article
me Time to go risk-off on stocks? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Scott Nations, Chief Investment Officer & President at NationsShares, says recent declines on Wall Street "may be more than a dip" and investors should avoid taking risks. Full Article
me Microsoft's shift is a 'welcome change': Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Norman Young, Senior Equity Analyst at Morningstar, says Microsoft's release of the Office for iPad app reflects a strategy shift in the software company under its new chief executive officer, Satya Nadella. Full Article