it LinkedIn offers to connect job-seekers with essential businesses for free By www.cnbc.com Published On :: Thu, 09 Apr 2020 21:29:30 GMT 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. Full Article
it 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
it Nordstrom is preparing to reopen its stores. Here's what the retailer is changing By www.cnbc.com Published On :: Tue, 05 May 2020 17:55:40 GMT Nordstrom is preparing to reopen some of its department stores, following the lead of Macy's, offering a glimpse at how shopping will be different coming out of the coronavirus pandemic. Full Article
it 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
it '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
it Luxury retailer Neiman Marcus files for bankruptcy as it struggles with debt and coronavirus fallout By www.cnbc.com Published On :: Thu, 07 May 2020 17:49:40 GMT The luxury department store chain had been struggling with competition from online rivals and dwindling cash before the pandemic. Full Article
it 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
it 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
it I just refinanced my mortgage, despite coronavirus. Here's what I learned By www.cnbc.com Published On :: Wed, 06 May 2020 13:28:29 GMT 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. Full Article
it 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
it Hilton is in a good position to withstand the coronavirus: Macquarie By www.cnbc.com Published On :: Fri, 08 May 2020 13:56:27 GMT 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. Full Article
it NFL teams seeing high early ticket demand despite Covid-19, agency SeatGeek says By www.cnbc.com Published On :: Fri, 08 May 2020 17:42:17 GMT 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. Full Article
it Top ad firm outlines business sectors hit the most by the pandemic, and the ones that are faring better... for now By www.cnbc.com Published On :: Tue, 28 Apr 2020 20:01:48 GMT 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. Full Article
it 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
it Federal Reserve seeks banks' advice as it gets into direct lending with coronavirus relief By www.cnbc.com Published On :: Tue, 28 Apr 2020 22:24:37 GMT 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. Full Article
it The Fed may provide more details on the policy 'bazooka' it fired to help markets By www.cnbc.com Published On :: Tue, 28 Apr 2020 23:17:37 GMT 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. Full Article
it 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
it 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
it US services sector posts biggest contraction since 2009 as coronavirus halts economic activity By www.cnbc.com Published On :: Tue, 05 May 2020 20:32:38 GMT The U.S. services sector contracted for the first time in about a decade last month as the coronavirus pandemic brought economic activity in the country to a near-screeching halt. Full Article
it 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
it Hydroxychloroquine fails to help hospitalized coronavirus patients in US funded study By www.cnbc.com Published On :: Fri, 08 May 2020 00:34:28 GMT 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. Full Article
it California identifies nail salons as source of coronavirus community spread, Gov. Newsom says By www.cnbc.com Published On :: Fri, 08 May 2020 15:21:23 GMT Unlike some other states that have announced reopenings, California nail salons won't be allowed to reopen until the state's phase 3. Full Article
it Republicans stall on next coronavirus relief bill, United Airlines halts $2.25 billion bond offering By www.cnbc.com Published On :: Sat, 09 May 2020 02:01:59 GMT Covid-19 has infected more than 3.8 million people around the world as of Friday, killing at least 269,881 people. Full Article
it Moderna CEO says supply of coronavirus vaccine will be limited, US will help decide who gets it first By www.cnbc.com Published On :: Fri, 08 May 2020 16:52:15 GMT "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." Full Article
it 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
it New York City partners with Salesforce on coronavirus contact tracing program, mayor says By www.cnbc.com Published On :: Fri, 08 May 2020 17:25:25 GMT Salesforce will deploy a call center as well as a customer relationship and case management system that will help the city track potential cases and isolate people before they become sick, de Blasio said. Full Article
it San Diego mayor: Compliance with new beach rules bodes well for state business reopening By www.cnbc.com Published On :: Fri, 08 May 2020 20:07:48 GMT "San Diegans, just like others in California, do not want to give back the tremendous gains that we've made, the sacrifices that we've made over these last six weeks," Mayor Kevin Faulconer said. Full Article
it Buying property with bitcoins By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Mary Thompson reports on bitcoin's biggest transaction thus far: a luxury villa in Bali. Full Article
it Why Australia REITs may outperform: Morgan Stanley By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Julia Wood reports on the chances of a resurgence in Australian real estate trusts. Full Article
it Stop focusing on geopolitics of coronavirus with China, says Australian CEO By www.cnbc.com Published On :: Tue, 05 May 2020 04:16:52 GMT Australia has "no benefits at all" from focusing on its coronavirus-related geopolitics with China, one of its major trading and business partners. It should focus instead on people's health and economic recovery, says Mark Allison, CEO and managing director of Elders Limited. Full Article
it US will focus on China trade deal despite tensions over virus, says strategist By www.cnbc.com Published On :: Tue, 05 May 2020 04:25:48 GMT The United States' prevailing goal will be seeing through its "phase one" trade deal with China despite rising geopolitical tensions over the latter's alleged coronavirus involvements, says Alex Wolf, head of investment strategy for Asia at JPMorgan Private Bank. He unpacks what this means for credit risk assets and hedge funds. Full Article
it A new 'Cold War' has begun as US-China tensions rise, says former White House official By www.cnbc.com Published On :: Tue, 05 May 2020 05:02:29 GMT A new Cold War is emerging from the ongoing U.S.-China geopolitical tensions, says Clete Willems, an Akin Gump partner and former White House official. He cites the "growing frustration" with China's economic policies and resistance to investigations for its alleged coronavirus involvements. Full Article
it Gold is one of the few industries without a demand issue: Evolution Mining By www.cnbc.com Published On :: Wed, 06 May 2020 01:26:09 GMT 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. Full Article
it Many potential pitfalls for UK-US trade deal: Brookings Institution By www.cnbc.com Published On :: Wed, 06 May 2020 02:27:07 GMT The potential trade deal with the U.S. is very important for the U.K, but the negations will probably be challenging and drawn-out due to issues such as agricultural, data flows, and intellectual property, says Joshua Meltzer of the Brookings Institution. Full Article
it Singapore minister says safeguards in migrant dormitories 'not sufficient' during coronavirus outbreak By www.cnbc.com Published On :: Wed, 06 May 2020 03:42:58 GMT Singapore learned from the coronavirus pandemic that its migrant workers' dormitories need redesigning to prevent future outbreaks, says Lawrence Wong, second minister for finance, who is also co-chair of the country's Covid-19 task force. Full Article
it Singapore is not yet halfway through its coronavirus outbreak, says minister By www.cnbc.com Published On :: Wed, 06 May 2020 06:15:02 GMT Migrant workers living dormitories have accounted for around 87.6% of Singapore's total 19,410 confirmed cases as of Tuesday, according to the health ministry. Full Article
it 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
it Didi's core ride hailing business is profitable, says president By www.cnbc.com Published On :: Thu, 07 May 2020 02:32:43 GMT Roughly 60% to 70% of Didi Chuxing's business has bounced back from the coronavirus crisis in China, says Jean Liu, president of the mobile app-based transportation firm. Full Article
it 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
it China needs a growth target to guide its stimulus measures: Citi By www.cnbc.com Published On :: Thu, 07 May 2020 06:09:38 GMT China should still set a growth target this year for the authorities to design a "sensible" stimulus package, says Liu Li-gang, Citigroup's chief economist for China, who adds that the country's unemployment rate risks exceeding 10% without aggressive fiscal stimulus. Full Article
it Australian economy is starting its recovery phase, fiscal policy will influence it the most: NAB By www.cnbc.com Published On :: Fri, 08 May 2020 01:11:04 GMT Australia has started plans on re-opening its economy after a period of social distancing. Ivan Colhoun of the National Australian Bank suggests looking to fiscal stimulus to cushion the hit to their economy, and to keep an eye on how lower immigration may slow the economy in the long term. Full Article
it Why Renaissance Capital is cautious on Kingsoft's 'growth-at-all-costs' model By www.cnbc.com Published On :: Fri, 08 May 2020 02:50:48 GMT While there has been "quite a bit of interest" in Kingsoft Cloud's IPO filing, investors should be cautious about the high-growth tech company operating on negative margins and the generally poor performance of Chinese IPOs, says Kathleen Smith, founding principal of Renaissance Capital. Full Article
it 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
it 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
it USAA chief: Coronavirus 'cabin fever' may be behind car crash uptick after initial steep decline By www.cnbc.com Published On :: Mon, 04 May 2020 18:24:36 GMT "The last couple of weeks we've seen a slight uptick in those rates, certainly not because stores are reopening," USAA CEO Wayne Peacock told CNBC. Full Article
it GM raises $4 billion in bond offering, expects to establish new $2 billion credit line By www.cnbc.com Published On :: Thu, 07 May 2020 23:53:36 GMT General Motors plans to further strengthen its cash position during the coronavirus pandemic through an offering of senior unsecured fixed rate notes, the company announced Thursday. Full Article
it 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
it 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
it Mark Cuban: Texas reopening 'more show than go,' small business needs more help to do it safely By www.cnbc.com Published On :: Fri, 01 May 2020 19:41:31 GMT "There's all these downstream issues that really haven't been addressed yet," the Dallas Mavericks owner and "Shark Tank" investor told CNBC on Friday. Full Article
it A 'discouraged' Terrell Davis almost ditched his first NFL season: 'The only way you really fail is to quit' By www.cnbc.com Published On :: Fri, 01 May 2020 18:24:46 GMT At the start of his Hall of Fame NFL career, Terrell Davis was an unheralded running back competing for a spot with the Denver Broncos. After a discouraging start, Davis considered calling it quits before one play in a preseason game changed the 'entire trajectory of my career.' Full Article