re ConocoPhillips CEO says 'we're on the lookout' for acquisitions as oil prices stay under $20 By www.cnbc.com Published On :: Thu, 30 Apr 2020 20:05:53 GMT 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. Full Article
re Oil jumps 5%, snaps 3-week losing streak By www.cnbc.com Published On :: Fri, 01 May 2020 18:37:39 GMT Oil prices jumped on Friday, extending the previous session's gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid to offset a slump in fuel demand triggered by the coronavirus pandemic. Full Article
re In Milan, tall buildings covered in trees offer a glimpse of what urban living could look like in the future By www.cnbc.com Published On :: Fri, 01 May 2020 08:14:08 GMT Milan is home to the Bosco Verticale, or Vertical Forest, a striking development of residential buildings. Full Article
re Oil pares losses and jumps 3% as lockdowns ease By www.cnbc.com Published On :: Mon, 04 May 2020 18:37:33 GMT Oil prices pared losses to turn higher on Monday, despite worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus. Full Article
re 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
re 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
re Bioplastics developer raises $133 million in new funding in quest to replace single-use plastics By www.cnbc.com Published On :: Tue, 05 May 2020 10:00:02 GMT RWDC Industries, which makes a sustainable material solution that can be used as a substitute for plastic, raised $133 million in Series B funding. Full Article
re Oil reverses gains and turns negative as supply glut weighs By www.cnbc.com Published On :: Wed, 06 May 2020 12:20:18 GMT Oil moved between gains and losses on Wednesday amid hopes for a recovery in demand as some countries ease coronavirus lockdowns, while oversupply fears continued to weigh. Full Article
re Oil drops 2%, snapping five-day winning streak in volatile trading session By www.cnbc.com Published On :: Wed, 06 May 2020 18:37:41 GMT Oil prices moved lower on Wednesday, snapping the longest daily winning streak since July. Full Article
re 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
re Oil jumps on China export bounce but long-term outlook remains weak By www.cnbc.com Published On :: Thu, 07 May 2020 11:28:17 GMT Oil prices jumped on Thursday on news that China's exports unexpectedly rose last month, and on the back of U.S. output cuts and the slow return of some activity in Europe. Full Article
re Markets are getting too excited about the oil price rally too soon, analysts warn By www.cnbc.com Published On :: Thu, 07 May 2020 13:19:53 GMT Lack of storage space for crude globally remains a massive problem, and will keep a ceiling on oil prices for the near future. Full Article
re Oil drops nearly 2%, erasing earlier gain of more than 11% By www.cnbc.com Published On :: Thu, 07 May 2020 18:51:18 GMT Oil prices reversed gains to settle lower on Thursday, despite optimism surrounding producers scaling back production as well as demand improving. Full Article
re NHL Commissioner Gary Bettman: No COVID-19 in NHL reported yet By www.cnbc.com Published On :: Fri, 13 Mar 2020 01:37:21 GMT The commissioner says he would like to call this time a "pause" for the league instead of a suspension. Full Article
re 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
re NFL prohibits in-person interviews with players before draft due to coronavirus By www.cnbc.com Published On :: Fri, 13 Mar 2020 19:33:56 GMT Teams will be allowed to interview eligible draft candidates over the phone for no more than an hour. Full Article
re Sports teams can hang onto sky-high valuations by taking care of employees now during coronavirus outbreak By www.cnbc.com Published On :: Sat, 14 Mar 2020 14:01:01 GMT As coronavirus suspends sporting events, experts say team owners will need to show leadership and financially assist workforces to preserve valuations. Full Article
re 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
re Coronavirus could be the tipping point for movie theaters, gyms and other industries already suffering from disruption By www.cnbc.com Published On :: Mon, 16 Mar 2020 21:59:56 GMT Movie theaters, fitness centers, commercial real estate and pay TV could be among the industries that are vulnerable in prolonged quarantines. Full Article
re NFL free agent deals at risk as team doctors can't evaluate players due to coronavirus By www.cnbc.com Published On :: Tue, 17 Mar 2020 21:49:00 GMT With in-person visits with free agents restricted due to the coronavirus outbreak, some NFL agents are wondering how a new deal will become official without team examinations. Full Article
re 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
re 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
re Pressure is rising to postpone the Olympics By www.cnbc.com Published On :: Tue, 24 Mar 2020 03:11:19 GMT Billions of dollars are at stake. Japan has pumped at least $12 billion of investment into the 2020 Tokyo Olympic games, not to mention the losses that would be incurred by sponsors, broadcasters and others. Full Article
re 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
re 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
re With Hollywood on hiatus, studios are bracing for fights with insurers over coronavirus losses By www.cnbc.com Published On :: Thu, 09 Apr 2020 13:44:04 GMT Allianz, which is one of the main insurers for entertainment companies, estimates that Hollywood studios paid $400 million in premiums last year to cover "unforeseeable events." Now the bill is coming due. Full Article
re 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
re Instagram announces new features for small businesses including gift cards, food orders and fundraisers By www.cnbc.com Published On :: Wed, 15 Apr 2020 15:43:52 GMT Starting Wednesday in the U.S. and Canada, Instagram users can tap on a gift card or food order to make a purchase through a company's site. Fundraisers created by a business or its supporter open on Facebook. Full Article
re 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
re 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
re Online education company Coursera offers unemployed workers thousands of free courses By www.cnbc.com Published On :: Fri, 24 Apr 2020 13:59:37 GMT 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. Full Article
re Pop radio in decline, streaming on the rise: How the coronavirus is changing what we listen to By www.cnbc.com Published On :: Wed, 29 Apr 2020 17:39:12 GMT 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. Full Article
re Nearly a fifth of Wendy's US restaurants are out of beef, analyst says By www.cnbc.com Published On :: Tue, 05 May 2020 14:12:25 GMT Stephens Inc. said its estimate is based on an analysis of online menus for every Wendy's location nationwide. Full Article
re Designers are now making fashion face masks and people can even buy a Billie Eilish one By www.cnbc.com Published On :: Tue, 05 May 2020 15:32:16 GMT 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. Full Article
re 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
re 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
re 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
re 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
re '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
re 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
re 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
re Trade groups representing PepsiCo, Procter & Gamble and others want guidance on factories from Pence By www.cnbc.com Published On :: Thu, 07 May 2020 16:30:09 GMT Trade groups representing the country's biggest consumer companies, including PepsiCo, Procter & Gamble and Clorox, wrote a letter to Vice President Mike Pence on Thursday urging federal guidance on how to safely manage their factory workers as states begin to reopen for business. Full Article
re Stocks making the biggest moves midday: Lyft, Peloton, PayPal, Grubhub, T-Mobile & more By www.cnbc.com Published On :: Thu, 07 May 2020 20:11:27 GMT Check out the companies making headlines in midday trading. Full Article
re 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
re Chief Justice John Roberts pauses order requiring Trump administration to turn over Mueller docs to Congress By www.cnbc.com Published On :: Fri, 08 May 2020 22:12:35 GMT The order would have required the Trump administration to turn over to Congress secretive materials produced in connection with Robert Mueller's Russian probe. Full Article
re This chart shows how coronavirus jobs losses dwarf those in prior recessions By www.cnbc.com Published On :: Fri, 08 May 2020 16:54:02 GMT Jobs losses related to the coronavirus dwarf employment declines seen during prior U.S. recessions. Full Article
re 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
re Wealthy New Yorkers are fleeing to the suburbs, driving up prices By www.cnbc.com Published On :: Wed, 29 Apr 2020 16:48:51 GMT CNBC's Robert Frank takes a look at how the luxury real estate market is changing during the coronavirus pandemic. Full Article
re 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
re 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