f

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.




f

World's largest ethanol producer forced to find a new market — hand sanitizer

POET, based in Sioux Falls, South Dakota, has re-engineered systems to make pharmaceutical grade hand sanitizer.




f

Oil jumps 5%, posts second straight week of gains

Oil prices gained on Friday as more countries began relaxing restrictions put in place to halt the coronavirus pandemic, raising hopes that demand for crude and its products will start to pick up.




f

The Masters and other major golf tournaments are postponed due to coronavirus

The 2020 Masters event has been postponed due to fears of coronavirus outbreak, Augusta National Golf Club chairman Fred Ridley announced on Friday.




f

NFL prohibits in-person interviews with players before draft due to coronavirus

Teams will be allowed to interview eligible draft candidates over the phone for no more than an hour.




f

Sports teams can hang onto sky-high valuations by taking care of employees now during coronavirus outbreak

As coronavirus suspends sporting events, experts say team owners will need to show leadership and financially assist workforces to preserve valuations.




f

NFL players union approves new agreement that includes pay increases and extra regular season game

The National Football League Players Association has approved terms of a new 10-year collective bargaining agreement with NFL team owners.




f

NFL cancels 2020 draft event in Las Vegas due to coronavirus

The NFL draft will still be televised, even though the public, in-person event in Las Vegas has been canceled.




f

NBA and NHL say players can still travel after seasons suspended due to coronavirus

The NHL joined the NBA in allowing its players to travel outside of club cities as the coronavirus continues to halt the sports injdusty.




f

Coronavirus could be the tipping point for movie theaters, gyms and other industries already suffering from disruption

Movie theaters, fitness centers, commercial real estate and pay TV could be among the industries that are vulnerable in prolonged quarantines.




f

NFL free agent deals at risk as team doctors can't evaluate players due to coronavirus

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.




f

MLB to offer compensation to minor league players affected by coronavirus work stoppage

Major League Baseball said it will offer financial assistance to minor league players affected by the work stoppage due to the coronavirus pandemic.




f

Doctors and patients wonder if the NBA is getting special treatment with coronavirus tests

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.




f

Tom Brady and the Bucs: Pundits expect clashes in playing style and a test of team culture

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.




f

Ad giant WPP pulls dividend, CEO 'very cautious' about the impact of virus on marketing budgets

The world's largest advertising group pulled its dividend and share buyback and withdrew guidance for 2020 on Tuesday, after clients cancelled marketing booked with the company due to the coronavirus crisis.




f

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.




f

AT&T president says consumer behavior will be fundamentally changed from coronavirus

"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.




f

With Hollywood on hiatus, studios are bracing for fights with insurers over coronavirus losses

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.




f

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.




f

Instagram announces new features for small businesses including gift cards, food orders and fundraisers

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.




f

Why Disney is furloughing workers and the other media giants aren't

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




f

NBCUniversal's Peacock has a buffer against ad slowdown with launch partners — here's why they signed up

Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend.




f

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.




f

Nearly a fifth of Wendy's US restaurants are out of beef, analyst says

Stephens Inc. said its estimate is based on an analysis of online menus for every Wendy's location nationwide.




f

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.




f

Men's shirt retailer Untuckit taps real estate restructuring firm to renegotiate deals during coronavirus

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.




f

Kroger CEO: Customers will have meat during the coronavirus pandemic, so long as they are 'flexible'

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.




f

Gap plans to reopen 800 stores by the end of May

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.




f

Luxury retailer Neiman Marcus files for bankruptcy as it struggles with debt and coronavirus fallout

The luxury department store chain had been struggling with competition from online rivals and dwindling cash before the pandemic.




f

Kohl's CEO: Our real estate is an asset emerging from the coronavirus pandemic

Kohl's announced Thursday morning that it plans to have 25% of its stores reopened by next week.




f

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.




f

Trade groups representing PepsiCo, Procter & Gamble and others want guidance on factories from Pence

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.




f

Stocks making the biggest moves midday: Lyft, Peloton, PayPal, Grubhub, T-Mobile & more

Check out the companies making headlines in midday trading.




f

Amazon and Microsoft trade barbs over JEDI contract appeal

The JEDI, or Joint Enterprise Defense Infrastructure, deal worth up to $10 billion has become one of the most tangled contracts for the Department of Defense.




f

Chief Justice John Roberts pauses order requiring Trump administration to turn over Mueller docs to Congress

The order would have required the Trump administration to turn over to Congress secretive materials produced in connection with Robert Mueller's Russian probe.




f

This chart shows how coronavirus jobs losses dwarf those in prior recessions

Jobs losses related to the coronavirus dwarf employment declines seen during prior U.S. recessions.




f

Federal watchdog finds top vaccine doctor should be reinstated, lawyers say

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.




f

Wealthy New Yorkers are fleeing to the suburbs, driving up prices

CNBC's Robert Frank takes a look at how the luxury real estate market is changing during the coronavirus pandemic.




f

Fed holds rates near zero — here's what that means for you

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.




f

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.




f

Coronavirus: Wealthy New Yorkers flee Manhattan for suburbs and beyond

Brokers say buyers and renters coming from the city are asking for the same thing: more space and more distance from neighbors and crowds.




f

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.




f

Fleeing NYC for Oklahoma: 'You're just in this survival mode'

CNBC's Diana Olick reports on a woman's tough decision to flee Brooklyn, New York for Oklahoma.




f

Landlords are worried increasingly fewer tenants will pay rent as coronavirus job losses mount

Rent is traditionally due on the first of the month, and with each passing month more tenants are becoming late on their payments.




f

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.




f

Covid-19 is forcing mortgage and rent delays

Mortgage and rent payments for the month of May are now due. CNBC's Diana Olick reports on how many Americans are unable to pay as the coronavirus crisis continues.




f

I just refinanced my mortgage, despite coronavirus. Here's what I learned

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.




f

Coronavirus will shrink US home prices by 2-3% nationally, Zillow forecasts, but deeper dive could be in store

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.




f

Ousted WeWork CEO Adam Neumann is suing SoftBank — Here's why

Founder and former CEO of WeWork Adam Neumann is suing SoftBank, the company's biggest investor. CNBC's Deidre Bosa reports.




f

Here's what homeowners need to know about forbearances

CNBC's Diana Olick breaks down what homeowners need to know about mortgage forbearances.