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GM raises $4 billion in bond offering, expects to establish new $2 billion credit line

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.




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Michigan governor to allow state's auto manufacturing plants to reopen next week

Michigan Gov. Gretchen Whitmer will allow the state's auto manufacturing plants, most of which have been shuttered since March due to the coronavirus pandemic, to reopen beginning Monday.




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Tesla's Fremont plant will resume 'limited operations' on Friday

The plant will bring back around 30% of employees normally working on a shift.




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These experts think Tesla's in a better position than other US automakers to survive the recession

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.




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Ex-TARP watchdog says Washington is to blame for large companies receiving small business loans

"I mean, Congress went out of its way to carve out businesses that have more than 500 employees but are restaurants, chain restaurants," ex-TARP watchdog Neil Barofsky told CNBC.




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Mark Cuban: Texas reopening 'more show than go,' small business needs more help to do it safely

"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.




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A 'discouraged' Terrell Davis almost ditched his first NFL season: 'The only way you really fail is to quit'

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.'




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This skincare company saw record sales in April even as coronavirus pandemic ravaged retail

The rise of virtual hangouts and work meetings hasn't been enough to stop the battering of the beauty industry as the COVID-19 outbreak has largely put in-person activities on hold. But the clean beauty market has been a bright spot.




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How Latino small business owners are keeping their businesses running during coronavirus

Latino entrepreneurs are among the majority of small business owners directly impacted by the economic fallout.




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Small business confidence crashes, revealing more Main Street carnage may lie ahead

Main Street confidence hit a record low in the Q2 2020 CNBC Small Business Survey, with the coronavirus causing a majority of entrepreneurs to fear permanent changes, including bankruptcy.




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Clock ticking for small businesses squeezed out of government loans, now have a few months or less to survive, survey reveals

Only 13% of small businesses that applied for relief through the Paycheck Protection Program have received funding, according to the CNBC/SurveyMonkey Small Business Survey released Monday.




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Answers to your biggest questions about US stimulus programs for Covid-19 relief

The $2.2 trillion CARES Act has provided several programs to help combat the widespread economic fallout of the coronavirus pandemic, but Americans are still confused. Senior Personal Finance Correspondent Sharon Epperson provides the answers.




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Coronavirus fraud: Two New England men are first to be charged with scamming small business loan program

The men are charged with fraudulently applying for more than $500,000 in assistance from the new CARES Act Payroll Protection Program, which is designed to help businesses affected by the coronavirus outbreak.




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Small business loans are not going proportionately to the hardest-hit areas, Fed study shows

States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a Fed study found.




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Klobuchar, Warren urge FTC to take more steps to help small businesses avoid coronavirus scams

Amy Klobuchar and Elizabeth Warren raise concerns about scammers taking advantage of business owners seeking aid during the coronavirus.




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This realtor became a trucker after the housing crisis and now pulls in six figures during the coronavirus pandemic

April Coolidge used to work in real estate but now she makes more money driving a truck than she ever did selling houses.




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Here's why restaurants reopening could be good news for summer jobs

Prior to the pandemic, a historically tight labor market was pushing employers to get creative to find and keep talent. Now, it's enhanced unemployment benefits that are causing a challenge.




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Wells Fargo will no longer accept applications for home equity lines of credit

Banks have been retreating from loans tied to housing as the coronavirus pandemic impacts home values and the creditworthiness of borrowers.




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Stocks just posted their best month in decades, yet most of Wall Street hates this rally

"History tells us that the odds of another deep decline are very, very high," one strategist said.




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This pregnant Goldman Sachs trader says Wall Street will never be the same after the coronavirus

After the coronavirus pandemic forced traders to work from home, Wall Street has gone virtual, leaning on tech platforms like Symphony and Zoom.




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Putting the economy back together again: What the future holds for Americans

After the coronavirus pandemic passes, life will continue in many regards, but nothing will be the same and the economy won't return to the way it was, not for a long time.




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Retail investors bought airline stocks even as travel slowed to a trickle, TD Ameritrade says

"I don't think you're buying these thinking that that business is coming back immediately," TD Ameritrade chief market strategist JJ Kinahan told CNBC.




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'Togetherness kills' — Cramer looks at stocks that will continue to suffer as social distancing remains

"Social distancing is going to be the answer why you have to sell certain stocks," CNBC's Jim Cramer said Tuesday.




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Cargo carriers reap rewards of coronavirus chaos

Cargo carriers have become a hot corner of the airline industry as airlines idle planes to face the coronavirus pandemic




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Cryptocurrency market jumps by over $13 billion driven by bitcoin as major technical event approaches

A rally in bitcoin led the cryptocurrency market higher ahead of a major technical event for the digital coin and as industry participants report an increased interest from institutional investors.




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Longtime bull Jeremy Siegel: March coronavirus swoon in stocks 'definitely going to be the low'

"I think 2021 could be a boom year. With the liquidity that the Fed is adding, unprecedented. It could be a really good year," the Wharton School professor told CNBC on Friday.




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Tesla shares are up more than 7% since Elon Musk said the stock was 'too high'

Shares of Tesla closed down 10.3% last Friday on CEO Elon Musk's tweet, but have quickly recovered those losses and added much more.




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BCG: 65% of investors more bearish on the economy than just a month ago

Hady Farag of Boston Consulting Group discusses the firm's latest investor pulse check survey, including how many believe we'll need at least $1-$2 trillion of additional fiscal stimulus to support the economy through the coronavirus pandemic.




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Emons: The stock rally appears to be driven by three types of economies

Ben Emons of Medley Global Advisors discusses the opportunities investors can find among companies operating in the "new economy", such as tech and healthcare, and those in a "return to normal" environment, such as entertainment, leisure and hospitality.




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Bankrate: Americans are still grappling with the enormity of the economic crisis related to the virus pandemic

Bankrate's Mark Hamrick discusses the findings of a new survey on how Americans are feeling about their financial health, more than a month into coronavirus stay-at-home measures.




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NYT: EU bows to pressure to soften criticism of how the Chinese government pushed disinformation about the coronavirus

New York Times reporter Matt Apuzzo discusses his piece on how Beijing moved to tamp down criticism from the West over its response to the coronavirus pandemic.




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Wieting: There is some visibility that six months from now economic activity will be higher than it is now

Steven Wieting of Citi Private Bank discusses whether the equity markets may be running ahead of themselves, given the many still-unknowns surrounding the COVID-19 pandemic.




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Denver restaurant group owner: We're still unsure of what "reopening" looks like in this new reality

Frank Bonanno, the owner of the Bonanno Concepts restaurant group in Denver, discusses how the industry will attempt to reopen gradually Colorado lifts some lockdown measures, including transforming the dining experience.




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Georgia small business owner: We won't be reopening yet, as it's too early and unsafe

Vince Villavalzo, owner of the Mystic Owl tattoo parlor in the Atlanta metro area, discusses his decision not to reopen his business, even as the state of Georgia attempts to reopen some of its economy.




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Stutland: Would rather buy the oil producers themselves than trust the commodity futures contract or ETF

Brian Stutland of Equity Armor Investments discusses the complexities of trading directly in the commodities market, especially with ETFs that track oil futures contracts.




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Jablonski: There's a big difference between the economic outlook and what the markets are doing

Sylvia Jablonski of Direxion discusses the disconnect between real economic conditions on the ground and how the markets are reacting amid the COVID-19 pandemic.




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Jefferies: Boeing may have to shore up about another $15 billion in capital at some point

Sheila Kahyaoglu of Jefferies discusses the biggest issues facing Boeing right now, with much of production still halted due to the coronavirus pandemic.




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Stew Leonard: There is going to be a meat shortage in the U.S.

Stew Leonard Jr., the CEO of the Northeast supermarket chain Stew Leonard's, discusses President Trump's order for meat processing plants to stay open, even despite concerns about coronavirus cases in some of those facilities.




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Rystad Energy: Global crude storage capacity may reach the top in about 3-4 weeks

Bjørnar Tonhaugen of Rystad Energy discusses what could potentially happen to oil prices when the U.S. and the world is projected to run out of viable physical storage capacity, potentially sometime in May.




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Campbell: Odds of some type of government support for oil industry are rising

Chris Campbell of Duff & Phelps discusses the likelihood of a bipartisan deal to support the U.S. oil and gas industry, which has been battered by the demand destruction caused by the coronavirus.




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Why one of the nation's largest car dealers says sales have been improving in recent weeks

Bryan DeBoer, CEO of car dealer Lithia Motors, discusses how auto sales have trended during the COVID-10 pandemic, and how the company has adapted to accommodate potential car buyers, including home delivery and pickup.




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Realtor.com: Sharp drop in new listings in April, increase in time it takes to sell a home

Realtor.com chief economist Danielle Hale discusses the firm's latest housing trends report, including whether demand for home buying will return this summer if the U.S. can effectively contain the coronavirus pandemic.




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Dwek: It's great we're restarting, but the level of growth we're going to get is nothing close to what he had pre-crisis

Esty Dwek of Natixis Investment Managers discusses market reaction to plans by U.S. states and some countries to reopen their economies, and whether stocks may be pricing in too much optimism.




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Tannebaum: Businesses are treading cautiously to stay within the confines of the conditions of the PPP

Daniel Tannebaum of Oliver Wyman discusses the liability issues companies who participate in the Paycheck Protection Program face, and how the government should continue to refine the legislation.




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Horsburgh: Markets could still have a setback, while still maintaining a relatively optimistic outlook

Tim Horsburgh of Invesco discusses why there seems to be such a disconnect between the weak economic data and the market's positive moves.




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Top-ranked Barron's advisor on investment strategies amid the coronavirus outbreak and market volatility

Greg Sarian, CEO of Sarian Strategic Partners and one of Barron's Top 100 Advisors, says investors should prepare for more volatility, and discusses some tax strategies to employ as stock prices are still lower.




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Serhant: Buyers are starting to come back to the New York City real estate market

Ryan Serhant of The Serhant Team and Nest Seekers International, and cast member on Bravo's "Million Dollar Listing NY," discusses the state of the New York City real estate market, and how residents are waiting out the pause caused by the coronavirus pandemic.




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Hali: Shoppers will be hesitant to go back to large stores unless they make some changes

Jane Hali, retail analyst and CEO of Jane Hali & Associates, discusses how the industry has to adapt to changes in consumer buying habits brought on by the coronavirus pandemic, and which chains may emerge stronger, and which could go away.




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Verrone: The leaders are still the leaders in this market

Chris Verrone of Strategas says the market fundamentals are stronger than many people suspect, even as it's still difficult to reconcile stock performance with the dismal economic picture.




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Why one host is striking back at Airbnb by building her own direct booking website

Polina Raygorodskaya, the co-founder and CEO of direct booking site Wanderu, discusses her and other hosts' frustration with Airbnb policies, and why she decided to build her own site in an effort to diversify her business.