bi So much money, so little oversight: Coronavirus bailout cash is a big target for fraud By www.cnbc.com Published On :: Thu, 07 May 2020 14:19:45 GMT With so much money being issued so quickly, the potential for scams and misuse runs rampant. Full Article
bi NASA's billions of investment in SpaceX have been 'very beneficial,' agency chief says By www.cnbc.com Published On :: Fri, 01 May 2020 18:13:22 GMT NASA Administrator Jim Bridenstine believes the billions his agency has invested in Elon Musk's SpaceX have been well worth it. Full Article
bi Cryptocurrency market jumps by over $13 billion driven by bitcoin as major technical event approaches By www.cnbc.com Published On :: Fri, 08 May 2020 05:45:03 GMT 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. Full Article
bi Wieting: There is some visibility that six months from now economic activity will be higher than it is now By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:47:00 GMT 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. Full Article
bi Jablonski: There's a big difference between the economic outlook and what the markets are doing By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:33:12 GMT 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. Full Article
bi Jefferies: Boeing may have to shore up about another $15 billion in capital at some point By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:33:35 GMT Sheila Kahyaoglu of Jefferies discusses the biggest issues facing Boeing right now, with much of production still halted due to the coronavirus pandemic. Full Article
bi Wedbush's Kulina: The key for big tech earnings has been signs of stabilization in April By www.cnbc.com Published On :: Thu, 30 Apr 2020 10:44:05 GMT Joel Kulina of Wedbush Securities discusses the key takeaways from Facebook, Microsoft and Tesla's earnings reports, and whether big tech companies may largely get a pass for a downturn in business in the latter part of Q1. Full Article
bi Norwegian Cruise Line raises over $2 billion to withstand 'well over' a year without revenue By www.cnbc.com Published On :: Wed, 06 May 2020 14:30:14 GMT "When the transactions are completed, the additional liquidity alleviates management's concern about the Company's ability to continue as a going concern for the next 12 months," Norwegian said in a statement Wednesday. Full Article
bi Virgin Media and O2 agree on $39 billion merger to create a new UK telecom giant By www.cnbc.com Published On :: Thu, 07 May 2020 10:33:36 GMT The combined group could put pressure on rival telecommunications firms BT, Vodafone and Sky. Full Article
bi Lloyd Blankfein says big companies should be 'very reluctant' to tap small business relief program By www.cnbc.com Published On :: Thu, 07 May 2020 19:26:39 GMT Blankfein may be speaking from experience: Goldman took $10 billion from the Treasury's Troubled Asset Relief Program in October 2008. Full Article
bi Payroll processor ADP CEO says hiring data indicate the jobs market has begun to 'stabilize' By www.cnbc.com Published On :: Thu, 30 Apr 2020 01:24:12 GMT After weeks of record unemployment claims across the country, "we have seen a couple of indicators of some bottoming," ADP CEO Carlos Rodriguez told CNBC. Full Article
bi Emergent Biosolutions CEO on Trump's wishes to develop a vaccine by year end — 'Nobody can guarantee anything' By www.cnbc.com Published On :: Tue, 05 May 2020 00:52:17 GMT "We're here ... doing everything we can to make sure that a vaccine and treatments are available as soon as possible," CEO Robert Kramer said. Full Article
bi House Democrats hope to vote on coronavirus bill next week as Republicans press pause By www.cnbc.com Published On :: Sat, 09 May 2020 00:14:16 GMT Democrats are pushing to pass their next coronavirus relief bill, but Republicans have less urgency as they grow wary of taxpayer spending. Full Article
bi How the coronavirus could kill the $2 billion US bail bond business By www.cnbc.com Published On :: Sat, 09 May 2020 14:32:25 GMT Crimes and arrests are down nationwide during the pandemic as people obey stay-at-home orders and police departments reduce operations. This has led many bail bond companies to lay off entire staff. Full Article
bi Bill Ackman looks to find another winner in restaurants, where his track record is perfect By www.cnbc.com Published On :: Sat, 09 May 2020 12:02:05 GMT Pershing Square made six previous investments in this industry and has never lost money on any of them. Full Article
bi Wildlife habitat destruction and deforestation will cause more deadly pandemics like coronavirus, scientists warn By www.cnbc.com Published On :: Sat, 09 May 2020 14:00:02 GMT Habitat destruction like deforestation and agricultural development on wildland are increasingly forcing disease-carrying wild animals closer to humans, allowing new strains of infectious diseases to thrive. Full Article
bi Tesla's biggest bull says Wall Street skepticism is 'a wonderful wall of worry' By www.cnbc.com Published On :: Tue, 18 Feb 2020 21:03:04 GMT Ark Invest's Cathie Wood said on "Squawk Box" that demand in China and falling battery costs will continue to boost Tesla's stock. Full Article
bi Billionaire Barry Diller says bail out everyone and 'worry about paying the bills later' By www.cnbc.com Published On :: Thu, 16 Apr 2020 13:15:55 GMT "The damage that is being done every day is enormous," Expedia and IAC Chairman Barry Diller told CNBC on Thursday. Full Article
bi Bill Gates: Coronavirus may be 'once-in-a-century pathogen we've been worried about' By www.cnbc.com Published On :: Fri, 28 Feb 2020 20:47:43 GMT "I hope it's not that bad, but we should assume it will be until we know otherwise," Gates wrote in an article published Friday in The New England Journal of Medicine. Full Article
bi Bezos loses $7 billion overnight, $18 billion in a month, as market sells off on coronavirus fears By www.cnbc.com Published On :: Mon, 09 Mar 2020 19:17:55 GMT Concerns over coronavirus have roiled markets and torched hundreds of billions in paper wealth from the world's billionaires over the past month. But last night's declines could be the largest overnight wealth loss in nearly a decade. Full Article
bi Buffett on why he hasn't made any big investments: 'We don't see anything that attractive' By www.cnbc.com Published On :: Sun, 03 May 2020 20:33:26 GMT Warren Buffett said Berkshire Hathaway is still sitting on its massive cash hoard because the conglomerate hasn't found a company to buy at an attractive price. Full Article
bi The S&P 500 ekes out a small gain to start the week, supported by strength from big tech By www.cnbc.com Published On :: Mon, 04 May 2020 20:20:21 GMT Stocks rose slightly on Monday to start the week, as the advance in the biggest U.S. technology shares lifted the market higher. Full Article
bi Mohamed El-Erian warns the Fed's pledge to support junk bonds could create 'zombie companies' By www.cnbc.com Published On :: Mon, 04 May 2020 16:12:27 GMT "My own sense is the Fed went too far in going into the high-yield market," the Allianz economic advisor told CNBC on Monday. "You get people who shouldn't be borrowing raising money." Full Article
bi Egyptian billionaire Naguib Sawiris sees oil at $100 in 18 months, says he would buy airlines By www.cnbc.com Published On :: Wed, 06 May 2020 09:58:55 GMT Egyptian billionaire Naguib Sawiris said he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all airline stocks at the firm's annual meeting on Saturday. Full Article
bi Here's the 'big unknown' the Fed will have to square as it considers future rate cuts: Top economist By www.cnbc.com Published On :: Thu, 19 Sep 2019 18:40:00 GMT A look at global rates and recession risks with Benn Steil, director of international economics at the Council on Foreign Relations. With CNBC's Seema Mody and the Futures Now traders, Brian Stutland and Jim Iuorio, both at the CME. Full Article
bi Silver losing shine and one trader just bet on bigger breakdown ahead By www.cnbc.com Published On :: Tue, 24 Sep 2019 17:54:58 GMT Silver reverses after a brief surge. With CNBC's Seema Mody and the Futures Now traders, Jim Iuorio and Scott Nations, both at the CME. Full Article
bi Trader lays out the next key catalysts for bitcoin By www.cnbc.com Published On :: Tue, 24 Sep 2019 17:57:38 GMT Key catalysts for bitcoin, with CNBC's Seema Mody and the Futures Now traders, Jim Iuorio and Scott Nations, both at the CME. Full Article
bi United Airlines swings to $1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:27:15 GMT United Airlines had reported a first-quarter pretax loss earlier this month. Full Article
bi Apple now has $192.8 billion in cash on hand, down from last quarter By www.cnbc.com Published On :: Thu, 30 Apr 2020 21:15:08 GMT Apple has continuously hosted one of the largest cash piles among U.S. companies, but is facing pressure from the Covid-19 pandemic. Full Article
bi Warren Buffett's Berkshire swings to massive $50 billion net loss after coronavirus pummels stock investments By www.cnbc.com Published On :: Sat, 02 May 2020 16:57:00 GMT Berkshire's first-quarter net loss totaled $49.75 billion. A year earlier, net earnings totaled $21.66 billion. Full Article
bi Tyson Foods shares fall 8% as production disruptions take a toll on profits, company secures $1.5 billion loan facility By www.cnbc.com Published On :: Mon, 04 May 2020 14:49:17 GMT Tyson Foods on Monday reported that its fiscal second-quarter net income fell 15% from a year earlier, as production disruptions weighed on its results. Full Article
bi Disney's parks were its biggest profit-maker, now they could be its biggest drag on earnings By www.cnbc.com Published On :: Tue, 05 May 2020 18:58:46 GMT Last year, Disney's Parks, Experiences and Consumer Products segment was its fastest-growing profit driver. Now, it could be the company's biggest drag on earnings, thanks to the Covid-19 outbreak. Full Article
bi Homebound parents bought board games, not Barbies, crippling Mattel's sales in the first quarter By www.cnbc.com Published On :: Wed, 06 May 2020 15:56:15 GMT Consumers stocked up on board games, not Barbie dolls, amid the coronavirus pandemic, sending Mattel's sales in the first quarter tumbling. Full Article
bi Peloton sales surge 66%, as more people buy bikes during coronavirus pandemic; shares jump By www.cnbc.com Published On :: Thu, 07 May 2020 14:16:16 GMT Peloton's revenue surged 66% during the fiscal third quarter, as more people purchased its fitness equipment and tuned into its live classes, to try to break a sweat while stuck at home during the coronavirus pandemic. Full Article
bi Equinor has reduced 2020 costs by $3 billion and is prepared to do more, CEO says By www.cnbc.com Published On :: Thu, 07 May 2020 09:05:24 GMT Eldar Sætre, CEO of Equinor, discusses the company's first-quarter earnings. Full Article
bi Billions at stake on Apple-Google search deal By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Dominic Chu and PCMag.com Editor-in-Chief Dan Costa talk about the possible impact on Google if its search deal with Apple ends. Full Article
bi Bigger Apple iPad delayed? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Dominic Chu and RBC Capital Markets analyst Amit Daryanani discuss concerns that the production of Apple's 12.9-inch iPad will be delayed. Full Article
bi Lower interest rates are the biggest headwind this year, says CEO of Singapore's largest bank By www.cnbc.com Published On :: Thu, 30 Apr 2020 06:46:08 GMT The Federal Reserve's "big cuts" to its policy rates will eventually lead to lower interest rates in Singapore, says Piyush Gupta, chief executive of DBS Group Holdings. Full Article
bi Oil could hit $100 in next 18 months: Egyptian billionaire Naguib Sawiris By www.cnbc.com Published On :: Wed, 06 May 2020 09:40:45 GMT Oil prices could rise to $100 in the next 18 months, given that the fallout from the Russia-Saudi oil war has effectively killed the shale industry in the United States for the next year or so, says Naguib Sawiris, chairman and CEO at Orascom Investment Holding. Full Article
bi These are the three big things to focus on from OPEC and the G-20 meetings over the next 48 hours By www.cnbc.com Published On :: Thu, 09 Apr 2020 20:01:42 GMT These are the three things to focus on from OPEC and the G-20 meetings over the next 48 hours to discuss global energy markets. Full Article
bi Op-ed: How the US can use the Covid-19 crisis to reimagine the energy world, save jobs and stabilize markets By www.cnbc.com Published On :: Mon, 27 Apr 2020 11:48:18 GMT The U.S. role as the world's leading oil and gas producer doesn't feel as empowering as it recently did, with oil prices heading into negative territory for the first time ever this week. Full Article
bi Op-ed: For Big Oil, this crisis will be different, and it may be irreversible By www.cnbc.com Published On :: Sun, 26 Apr 2020 13:20:02 GMT Oil and gas companies delayed in transitioning from fossil fuels and lost investors. The oil price crash caused by the coronavirus threatens to make this shift permanent. Full Article
bi Op-ed: China has a big but brief chance right now to speed its way to global leadership By www.cnbc.com Published On :: Mon, 04 May 2020 17:39:57 GMT Covid-19 has revealed more clearly than ever before the nature and relentlessness of the ruling Chinese Communist Party's ambition to place itself at the center of global power and influence. Full Article
bi One of Main Street's biggest fears in economic reopening — new regulations By www.cnbc.com Published On :: Tue, 05 May 2020 12:50:57 GMT As small businesses across the country grapple with economic reopening, one of their biggest fears is that new regulations will be a net negative for post-Covid-19 Main Street. Full Article
bi Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges By www.cnbc.com Published On :: Fri, 08 May 2020 07:43:51 GMT Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter. Full Article
bi Options on bitcoin futures just launched. Here's what you need to know By www.cnbc.com Published On :: Mon, 13 Jan 2020 20:52:12 GMT Exchange-traded bitcoin options launched Monday on the Chicago Mercantile Exchange, and they will likely provide a great tool for cryptocurrency speculators. Full Article
bi Options trader makes a big bet on volatility into CSX earnings By www.cnbc.com Published On :: Thu, 16 Jan 2020 16:29:36 GMT CSX is scheduled to report earnings after the bell on Thursday, and one trader is betting that the transport stock could be a big mover. Full Article
bi Apple's earnings report could lead to big gains, options trader bets By www.cnbc.com Published On :: Tue, 28 Jan 2020 16:01:54 GMT The countdown to Apple earnings is on, and one options trader is betting on a big post-earnings bounce for the tech giant. Full Article
bi One options trader bets big money on Tesla's stock cracking $800 By www.cnbc.com Published On :: Wed, 29 Jan 2020 16:20:37 GMT One options trader is betting around $2 million that Tesla's wild ride is far from over. Full Article
bi Options trader wins big on a Super Tuesday health-care bet By www.cnbc.com Published On :: Wed, 04 Mar 2020 17:31:10 GMT One options trader won big on Joe Biden's Super Tuesday performance, cashing in on a sizable bullish bet on one health-care name. Full Article