ot Electric cars take the spotlight in China's post-coronavirus stimulus plans By www.cnbc.com Published On :: Wed, 06 May 2020 02:45:46 GMT Jing Yang, director of corporate research at Fitch Ratings, expects electric vehicles to outperform an overall slump in China's car sales this year given strong policy support. Full Article
ot Ferrari is now worth more than General Motors and Ford By www.cnbc.com Published On :: Tue, 05 May 2020 18:27:43 GMT Ferrari's market value surged to $30 billion Monday morning, more than the value of General Motors or Ford Motor. Full Article
ot 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
ot Mark Cuban says a lottery system is the only fair way to grant small business coronavirus loans By www.cnbc.com Published On :: Fri, 01 May 2020 14:28:17 GMT Cuban, who owns parts of many small businesses through "Shark Tank," also said owners should apply to multiple banks to boost their chances of getting relief. Full Article
ot How this company totally transformed its business model to survive the coronavirus By www.cnbc.com Published On :: Sat, 02 May 2020 15:01:01 GMT Gargiulo Produce opened in 1929 as a vegetable cart going door to door to sell food. Now, the company sells online to survive the coronavirus shutdown. Full Article
ot Small business loans are not going proportionately to the hardest-hit areas, Fed study shows By www.cnbc.com Published On :: Wed, 06 May 2020 15:58:55 GMT States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a Fed study found. Full Article
ot 'Shark Tank' investor Kevin O'Leary: 20% of small businesses that got federal loans will fail By www.cnbc.com Published On :: Thu, 07 May 2020 12:34:19 GMT The "Shark Tank" investor also tried to look at the bright side: "So 80% are going to make it, in my view. That means it was a great investment." Full Article
ot Denver restaurant group owner: We're still unsure of what "reopening" looks like in this new reality By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:51:28 GMT 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. Full Article
ot 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
ot 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 By www.cnbc.com Published On :: Tue, 05 May 2020 10:29:15 GMT 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. Full Article
ot 'Bubble' stocks like Beyond Meat and Peloton were supposed to blow up, but the opposite happened By www.cnbc.com Published On :: Fri, 08 May 2020 11:37:07 GMT Bubble-like tech stocks remain among the biggest winners this year, and their strength pushed the Nasdaq Composite into positive territory on Thursday. Full Article
ot Nucor CEO sticks by dividend, predicts steel price bottom in second quarter By www.cnbc.com Published On :: Wed, 29 Apr 2020 00:21:02 GMT "We are optimistic that we'll see the bottom in Q2 and move out of that as we enter the third and fourth quarters," Nucor CEO Full Article
ot Masimo CEO says its remote oxygen monitors were made to mitigate diseases like coronavirus By www.cnbc.com Published On :: Wed, 06 May 2020 01:36:54 GMT Masimo CEO Joe Kiani discussed how the medical device maker's telehealth systems can be useful in the fight against coronavirus. Full Article
ot Cramer's lightning round: 'I do not like the bank stocks' By www.cnbc.com Published On :: Fri, 08 May 2020 00:24:37 GMT "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Full Article
ot Jim Cramer on Moderna vaccine-sparked rally: 'Let's not get ahead of ourselves' By www.cnbc.com Published On :: Thu, 07 May 2020 23:56:46 GMT "This market does have a tendency to bounce between unbridled optimism and total despair — no middle ground," the "Mad Money" host said. Full Article
ot Powerball players eye $450M jackpot By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Wednesday's lottery prize will be the largest since last February. Full Article
ot All California voters will be able to vote by mail in November, Newsom says By www.cnbc.com Published On :: Fri, 08 May 2020 23:09:10 GMT California Gov. Gavin Newsom signed an executive order Friday allowing all registered voters in the state to receive a mail-in ballot for November's election. Full Article
ot 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
ot Paycheck Protection Program may have left minority business owners behind due to an implementation failure By www.cnbc.com Published On :: Sat, 09 May 2020 13:33:12 GMT The inspector general also found the SBA and Treasury Department issued requirements for loan forgiveness that do not align with law. Full Article
ot 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
ot Can stocks and bonds both be right? Making sense of rising equities and ultra-low Treasury yields By www.cnbc.com Published On :: Sat, 09 May 2020 12:17:09 GMT Both markets are responding, each in its own way, to the same accommodative Fed. Full Article
ot Crude bear market: History says oil prices can fall another 10% By www.cnbc.com Published On :: Tue, 04 Feb 2020 19:37:54 GMT WTI crude and Brent crude are both near bear markets in 2020, with declines of roughly 17%. Trading history in the past decade suggests oil prices can fall by as much as 10% more. Full Article
ot Strategist Jim Paulsen: The stock market 'oozes panic' and appears near a bottom By www.cnbc.com Published On :: Wed, 11 Mar 2020 17:37:49 GMT "I would start to nip away at it on these kind of down days that we have," the Leuthold chief investment strategist said Wednesday. Full Article
ot Ted Cruz, other senators, warn Saudis to stop using oil in 'economic warfare' against the US By www.cnbc.com Published On :: Tue, 31 Mar 2020 18:43:28 GMT Sen. Ted Cruz said a group of nine senators recently ripped into the Saudi ambassador to the United States in a conference call over its oil price war with Russia. Full Article
ot 'We need to start saving individual people,' not just stockholders, says pension fund CIO By www.cnbc.com Published On :: Wed, 15 Apr 2020 17:28:04 GMT The chief investment officer of one of the country's biggest public pension funds said the government response to the coronavirus should be focused on supporting unemployed workers. Full Article
ot Traders grapple to find the bottom as Dow enters bear market territory with S&P 500 not far behind By www.cnbc.com Published On :: Wed, 11 Mar 2020 21:58:23 GMT The S&P 500 is in bear market territory but it's difficult to predict a market bottom. Typical metrics do not apply in this very unusual situation. Full Article
ot Investors are betting two of the hardest hit groups — energy and airlines — have bottomed By www.cnbc.com Published On :: Thu, 07 May 2020 11:28:25 GMT The last few weeks have seen many unusual flows into exchange-traded funds that offer an insight into the market recovery. Full Article
ot Warren Buffett's daughter reportedly self-quarantines after potential coronavirus exposure By www.cnbc.com Published On :: Mon, 16 Mar 2020 06:08:58 GMT Susie Buffett sat next to someone who had just returned from a trip to Spain and subsequently rested positive for COVID-19, the Omaha World-Herald reported. Full Article
ot 'Frozen' companies are not calling Berkshire Hathaway for rescue investments, Charlie Munger says By www.cnbc.com Published On :: Fri, 17 Apr 2020 17:08:00 GMT Berkshire's phone has not been ringing with executives asking for rescue capital amid the coronavirus outbreak, Charlie Munger told The Wall Street Journal. Full Article
ot Charlie Munger will not take questions at Berkshire Hathaway's annual meeting this year By www.cnbc.com Published On :: Mon, 27 Apr 2020 19:12:39 GMT Instead, it will be Greg Abel, Berkshire's vice chairman of non-insurance operations, taking previously submitted questions with Warren Buffett. Full Article
ot Warren Buffett says the economy will overcome coronavirus: 'Nothing can basically stop America' By www.cnbc.com Published On :: Sat, 02 May 2020 23:37:01 GMT Warren Buffett said he is optimistic that the U.S. economy will re-emerge even after being dealt a body blow by the coronavirus pandemic. Full Article
ot Warren Buffett gave airlines another go. Coronavirus was a problem he couldn't stomach By www.cnbc.com Published On :: Mon, 04 May 2020 15:56:04 GMT Warren Buffett has again ditched the airline sector as coronavirus threatens to be a challenge too big for him to stomach. Full Article
ot Buyers appear to be 'calling the bottom' in the JETS airline ETF, market analyst says By www.cnbc.com Published On :: Mon, 04 May 2020 21:30:39 GMT As airline stocks tumble, investors in the U.S. Global Jets ETF (JETS) seem to betting on a further bailout for the group, says market researcher Dave Nadig. Full Article
ot Warren Buffett unloads airline stocks, but trader sees opportunity in three other travel names By www.cnbc.com Published On :: Tue, 05 May 2020 12:31:00 GMT Warren Buffett has exited the airlines, but one trader says there could be pockets of opportunity elsewhere in the travel space. Full Article
ot Bear David Rosenberg believes Wall Street underestimating odds of another rate cut this year By www.cnbc.com Published On :: Thu, 19 Sep 2019 17:58:25 GMT Stocks flirt with record highs. Gluskin Sheff's David Rosenberg on the odds for another rate cut this year. With CNBC's Seema Mody and the Futures Now traders, Brian Stutland and Jim Iuorio, both at the CME. Full Article
ot Cramer explains why GE's board really booted former CEO John Flannery By www.cnbc.com Published On :: Tue, 02 Oct 2018 22:40:10 GMT Jim Cramer argues that the former General Electric CEO wasn't removed because of the speed of his turnaround. Full Article
ot Chartmaster says this is why bottom could be in for energy as crude rebounds By www.cnbc.com Published On :: Fri, 08 May 2020 22:06:02 GMT A look at energy's rebound. With CNBC's Melissa Lee and the Options Action traders, Carter Worth, Mike Khouw and Tony Zhang. Full Article
ot United Airlines not proceeding with $2.25B bond offering By www.cnbc.com Published On :: Fri, 08 May 2020 22:11:15 GMT CNBC's Phil LeBeau reports on United Airlines bond offering. With CNBC's Melissa Lee and the Options Action traders, Carter Worth, Mike Khouw and Tony Zhang. Full Article
ot Arizona State management school holds graduation ceremony via robot By www.cnbc.com Published On :: Sat, 09 May 2020 00:05:51 GMT Arizona State plans to use robots during the graduation ceremony for its Thunderbird School of Global Management. The school's dean, Dr. Sanjeev Khagram, and Juili Kale, one of its soon-to-be graduates discuss. Full Article
ot Why some experts believe Tesla is better positioned to survive this recession than other US carmakers By www.cnbc.com Published On :: Sat, 09 May 2020 13:29:01 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
ot Apple reports flat revenue and does not offer guidance because of coronavirus uncertainty By www.cnbc.com Published On :: Thu, 30 Apr 2020 21:52:54 GMT Apple did not issue guidance for the quarter ending in June, as it usually does. The company withdrew guidance for its second-quarter in February as the Covid-19 coronavirus spread in China. Full Article
ot Chevron says results will be 'depressed' as long as oil stays low, takes steps to protect dividend By www.cnbc.com Published On :: Fri, 01 May 2020 20:06:44 GMT The company reiterated that its dividend is a priority, and that it's taking action to sustain it over the long term. Full Article
ot General Motors ekes out $294 million profit in the first quarter despite crippling production and sales from coronavirus By www.cnbc.com Published On :: Wed, 06 May 2020 13:51:37 GMT The Covid-19 outbreak cut deeply into GM's performance, costing the largest U.S. automaker $1.4 billion before taxes during the first three months. Full Article
ot 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
ot 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
ot EU cannot leave any European citizen behind in this crisis, Spanish foreign minister says By www.cnbc.com Published On :: Wed, 06 May 2020 09:34:55 GMT Spanish Minister of Foreign Affairs, the European Union and Cooperation Arancha Gonzalez discusses the EU's response to the coronavirus crisis. Full Article
ot Protecting health and safety of citizens must come first, Spanish minister says By www.cnbc.com Published On :: Wed, 06 May 2020 09:37:27 GMT Spanish Minister of Foreign Affairs, the European Union and Cooperation Arancha Gonzalez discusses Spain's current state of emergency. Full Article
ot Croatia PM: Will not hesitate to speak of enlargement at EU-Western Balkans summit By www.cnbc.com Published On :: Wed, 06 May 2020 16:58:07 GMT Croatian Prime Minister Andrej Plenkovic speaks ahead of the EU-Western Balkans summit on Wednesday. Full Article
ot There is potential for negative interest rates in the US, strategist says By www.cnbc.com Published On :: Fri, 08 May 2020 07:34:12 GMT Greg Williamson, head of strategy at Pluribus Labs, discusses the U.S. economy. Full Article
ot You've got to travel here in 2015 By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT TripAdvisor has released its seventh annual Travelers' Choice awards, which ranks the world's top rated travel destinations. Heading the list this year? Marrakech, Morocco. Full Article