ai Spain reports uptick in daily coronavirus deaths; Australia plans reopening in 3 stages By www.cnbc.com Published On :: Fri, 08 May 2020 11:51:28 GMT Spain saw 229 new deaths related to Covid-19, up from 213 the day before. Full Article
ai Republicans stall on next coronavirus relief bill, United Airlines halts $2.25 billion bond offering By www.cnbc.com Published On :: Sat, 09 May 2020 02:01:59 GMT Covid-19 has infected more than 3.8 million people around the world as of Friday, killing at least 269,881 people. Full Article
ai Sorrento Therapeutics and Mount Sinai join forces to develop Covid-19 antibody shield By www.cnbc.com Published On :: Fri, 08 May 2020 13:47:37 GMT Sorrento Therapeutics and Mount Sinai Health System in New York City have joined forces to develop an antibody cocktail they hope will shield against Covid-19 infection for up to two months. Full Article
ai US lawmakers urge Mnuchin to crack down on airlines cutting worker hours after taking billions in coronavirus aid By www.cnbc.com Published On :: Fri, 08 May 2020 14:30:42 GMT Three Senate Democrats are urging Treasury Secretary Steven Mnuchin to crack down on airlines that are cutting employee hours, despite billions in federal coronavirus relief. Full Article
ai Russia's Victory Day celebrations pared back; Spain's daily coronavirus death tolls falls By www.cnbc.com Published On :: Sat, 09 May 2020 13:13:20 GMT Russia marks the 75th anniversary of Soviet victory over Nazi Germany in World War Two on Saturday, but the coronavirus outbreak means that celebrations have been pared back massively. Full Article
ai Oil prices to trade above 50 dollars again next year: ING By www.cnbc.com Published On :: Wed, 06 May 2020 00:51:42 GMT Warren Patterson of ING explains why he sees a rebound in oil prices next year. Full Article
ai Singapore aims for sustainable measures in 'long fight' against the coronavirus: Minister By www.cnbc.com Published On :: Wed, 06 May 2020 03:08:55 GMT Singapore needs sustainable measures in its "prolonged battle" against the coronavirus, so that the country can ease out of its "circuit breaker" period to resume normal activities safely, says Lawrence Wong, second minister for finance, minister for national development and co-chair of the multi-ministry taskforce on Covid-19. Full Article
ai Trump's tariff threats against China are 'largely bluster': Charles Schwab By www.cnbc.com Published On :: Wed, 06 May 2020 03:33:12 GMT It will be difficult for U.S. President Donald Trump to backtrack on the U.S.-China "phase one" trade deal after previously lauding it as "the best deal ever made", says Jeffrey Kleintop of Charles Schwab, adding that March trade data shows a pickup in U.S. exports to China. Full Article
ai Remdesivir will not be the main driver of Gilead's revenue: Bernstein By www.cnbc.com Published On :: Thu, 07 May 2020 02:31:26 GMT Ronny Gal of Sanford C. Bernstein says he thinks remdesivir will not be the most significant revenue contributor for Gilead Sciences over time. He also explains his rationale for raising the company's price target to $75 from $72. Full Article
ai Didi's core ride hailing business is profitable, says president By www.cnbc.com Published On :: Thu, 07 May 2020 02:32:43 GMT Roughly 60% to 70% of Didi Chuxing's business has bounced back from the coronavirus crisis in China, says Jean Liu, president of the mobile app-based transportation firm. Full Article
ai Why Renaissance Capital is cautious on Kingsoft's 'growth-at-all-costs' model By www.cnbc.com Published On :: Fri, 08 May 2020 02:50:48 GMT While there has been "quite a bit of interest" in Kingsoft Cloud's IPO filing, investors should be cautious about the high-growth tech company operating on negative margins and the generally poor performance of Chinese IPOs, says Kathleen Smith, founding principal of Renaissance Capital. Full Article
ai I propose 'shelter in place' approach to fight the coronavirus: Vickers Venture Partners Chairman By www.cnbc.com Published On :: Fri, 08 May 2020 04:50:29 GMT Finian Tan, Chairman of Vickers Venture Partners proposes a "shelter in place" approach to combat COVID-19, which involves asking those 50 years and above to stay at home without exception, while allowing the rest of the population to go back to business as usual, including opening of businesses and borders. Full Article
ai Elon Musk's F-bomb rant against lockdowns reflects 'growing sentiment,' says Dr. Scott Gottlieb By www.cnbc.com Published On :: Thu, 30 Apr 2020 17:10:50 GMT "That's going to tug against what the governors have to do," the former FDA chief told CNBC. "We still face a pretty big epidemic in this country." Full Article
ai Coronavirus could help Tesla retain EV lead as traditional automakers pare electric investments By www.cnbc.com Published On :: Fri, 01 May 2020 13:54:26 GMT Many of the new EVs that were supposed to enter the U.S. market to challenge the California carmaker this year are being delayed. Full Article
ai Elon Musk's lavish LA mansions appear to be listed for sale days after billionaire pledged to 'own no house' By www.cnbc.com Published On :: Thu, 07 May 2020 00:16:37 GMT The homes have a combined value of $39.5 million. Full Article
ai GM raises $4 billion in bond offering, expects to establish new $2 billion credit line By www.cnbc.com Published On :: Thu, 07 May 2020 23:53:36 GMT 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. Full Article
ai 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
ai A 'discouraged' Terrell Davis almost ditched his first NFL season: 'The only way you really fail is to quit' By www.cnbc.com Published On :: Fri, 01 May 2020 18:24:46 GMT 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.' Full Article
ai This skincare company saw record sales in April even as coronavirus pandemic ravaged retail By www.cnbc.com Published On :: Sun, 03 May 2020 14:01:01 GMT 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. Full Article
ai Small business confidence crashes, revealing more Main Street carnage may lie ahead By www.cnbc.com Published On :: Tue, 05 May 2020 03:26:40 GMT 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. Full Article
ai '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
ai 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
ai Putting the economy back together again: What the future holds for Americans By www.cnbc.com Published On :: Sun, 03 May 2020 13:24:21 GMT 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. Full Article
ai Jim Cramer says Buffett's sale of airline stocks makes him 'very concerned about the near term' By www.cnbc.com Published On :: Mon, 04 May 2020 20:21:03 GMT Cramer said that he viewed Buffett bailing on airlines as a sign that there were serious issues in the broader economy. Full Article
ai Cramer says Trump can't raise tariffs on China with 30 million unemployed: 'That is 1932' By www.cnbc.com Published On :: Mon, 04 May 2020 17:01:31 GMT Cramer warned that the U.S. economy may be too weak to handle another trade spat with China and discouraged Trump from imposing new tariffs. Full Article
ai Retail investors bought airline stocks even as travel slowed to a trickle, TD Ameritrade says By www.cnbc.com Published On :: Tue, 05 May 2020 00:55:39 GMT "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. Full Article
ai 'Togetherness kills' — Cramer looks at stocks that will continue to suffer as social distancing remains By www.cnbc.com Published On :: Tue, 05 May 2020 16:13:07 GMT "Social distancing is going to be the answer why you have to sell certain stocks," CNBC's Jim Cramer said Tuesday. Full Article
ai Tesla shares are up more than 7% since Elon Musk said the stock was 'too high' By www.cnbc.com Published On :: Fri, 08 May 2020 20:06:38 GMT 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. Full Article
ai Horsburgh: Markets could still have a setback, while still maintaining a relatively optimistic outlook By www.cnbc.com Published On :: Wed, 06 May 2020 10:04:42 GMT Tim Horsburgh of Invesco discusses why there seems to be such a disconnect between the weak economic data and the market's positive moves. Full Article
ai Why one host is striking back at Airbnb by building her own direct booking website By www.cnbc.com Published On :: Fri, 08 May 2020 10:55:30 GMT 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. Full Article
ai 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
ai Stock market live Friday: Record job losses, investors focused on reopening, Dow gains 450 By www.cnbc.com Published On :: Fri, 08 May 2020 20:37:36 GMT A conversation about the latest market-moving news, including the upcoming jobs report. Full Article
ai Suze Call: Gail, Arkansas By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Gail wants to know whether a 529 or whole life insurance policy is the best way to save money for her grandson's college education. Full Article
ai Cramer's lightning round: Wait for Raytheon to go lower and then buy By www.cnbc.com Published On :: Thu, 30 Apr 2020 23:12:04 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
ai Warren Buffett's exit from airline stocks is a wake-up call for index investors, Jim Cramer says By www.cnbc.com Published On :: Mon, 04 May 2020 22:40:41 GMT "I recommend selling" some position in the S&P 500 index fund "if the [upward] streak continues," the "Mad Money" host said. Full Article
ai Norwegian Cruise Line CEO: 'We expect to sail sometime in 2020' By www.cnbc.com Published On :: Fri, 08 May 2020 01:01:44 GMT Norwegian Cruise is working "shoulder-to-shoulder" with health officials to "develop an enhanced protocol" to relaunch cruise trips, CEO Frank Del Rio said. Full Article
ai North Korea claims H-bomb test successful By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT NBC's Bill Neely reports analyst in South Korea confirmed there was a test but it could take weeks or months to determine what exactly happened underground. Full Article
ai 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
ai 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
ai 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
ai CES will propel gains for tech investors, historical data shows By www.cnbc.com Published On :: Fri, 10 Jan 2020 19:06:57 GMT The Consumer Electronics Show, which kicked off Tuesday, could produce more gains for the tech sector, according to hedge fund trading tool Kensho. Historical data shows the VanEck Vectors Semiconductors ETF logs an average gain of nearly 1% during the four-day span of CES. Full Article
ai Alphabet's trillion-dollar mark won't be the end of the near-term gains in stock, according to history By www.cnbc.com Published On :: Thu, 23 Jan 2020 15:23:49 GMT Alphabet hit a $1 trillion market valuation, an elite status only Apple, Microsoft and Amazon previously touched. Gains for the Google parent are not about to stop, history says. Full Article
ai This defensive sector is market's best right now, and history suggests more gains are coming By www.cnbc.com Published On :: Tue, 28 Jan 2020 19:33:19 GMT Utilities is now the stock market's best-performing sector this year, as the coronavirus sends investors into a defensive position. History says gains can continue. Full Article
ai Cramer praises Elon Musk for a 'magnificent' quarter, compares Tesla stock to Netflix and Amazon By www.cnbc.com Published On :: Thu, 30 Jan 2020 21:05:35 GMT CNBC's Jim Cramer said the rapid rise in Tesla shares reminds him of the stock trajectories of some of the most successful tech companies. Full Article
ai AT&T will likely be broken up and will move on from WarnerMedia, analyst Craig Moffett predicts By www.cnbc.com Published On :: Thu, 30 Jan 2020 22:05:27 GMT Craig Moffett said on CNBC's "Squawk Box" that AT&T will eventually separate its telecom business from its media business. Full Article
ai El-Erian lifts his don't-buy-the-dip warning for pros, but says most investors should still wait By www.cnbc.com Published On :: Mon, 02 Mar 2020 16:35:09 GMT "If you are a long-term investor, I would wait," economist Mohamed El-Erian said. "If you're a short-term tactical investor, there's a lot of opportunities out there." Full Article
ai 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
ai Afraid to buy into this market? A key 2008 financial-crisis moment isn't reassuring By www.cnbc.com Published On :: Thu, 09 Apr 2020 20:11:54 GMT It takes the market time to digest shocks. How investors reacted in months after the Lehman Brothers bankruptcy in 2008 offers a window onto why some remain reluctant to buy stocks. Full Article
ai 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
ai Fiscal stimulus talk is the main mover of the market By www.cnbc.com Published On :: Tue, 10 Mar 2020 21:26:42 GMT Stocks moved higher on Tuesday as investors bet on fiscal stimulus to ease the coronavirus crisis. Full Article