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Pharma giants granted coronavirus approvals but doubts remain on manufacturing a global vaccine

Experts warn that vaccine timelines look ambitious and argue more thought is needed on manufacturing.




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Britain's NHS shuns Apple and Google as it rolls out coronavirus contact-tracing app

The NHS app is based on the government's "centralized" framework instead of the tech giant's "decentralized" technology.




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European airlines drop guidance and warn it could take years for demand to bounce back

A number of European airlines have dropped their financial guidance for the year, as the ongoing coronavirus pandemic creates widespread uncertainty about when business will return to normal.




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Coronavirus app U-turn? Britain's NHS pays Swiss firm to investigate Apple and Google model

The NHS's digital innovation arm is paying Zuhlke Engineering £3.8 million to investigate the "decentralized" framework developed by Apple and Google.




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TikTok has quietly made London its main hub in Europe

The Chinese-owned social media app is hiring artificial intelligence and software engineers in the U.K. capital.




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German court ruling on ECB purchases is 'laughable,' Societe Generale chair says

Germany's constitutional court threatened to block fresh purchases of German bonds through the European Central Bank's program.




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Trump will make a deal with Iran if he gets re-elected, DAMAC chairman says

But Hussain Sajwani, chairman of Middle Eastern property development firm DAMAC, says he doesn't expect President Donald Trump to secure a deal in the Middle East this year.




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Stocks making the biggest moves midday: Alphabet, Boeing, Gilead, AMC Entertainment & more

Check out the companies making headlines in midday trading.




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Jobless claims tally could top 30 million if new filers are close to last week's level

About 4 million workers could have filed for unemployment benefits last week, bringing total claims above 30 million in just six weeks.




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Stocks making the biggest moves midday: Disney, American Airlines, Tyson Foods and more

These are the stocks posting the largest moves in midday trading.




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Stocks making the biggest moves in the premarket: Pfizer, DuPont, Wayfair, Shake Shack & more

The stocks making the biggest moves in premarket trading include Pfizer, DuPont, Wayfair, Shake Shack, and more.




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Stocks making the biggest moves after hours: Spirit Airlines, Etsy, Paypal and more

Check out the companies making headlines after the bell.




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April job losses may top 20 million, weekly jobless claims report signals

The number of continuing jobless claims rose to a greater-than-expected 22.6 million last week, signaling April job losses over 20 million.




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April employment report is expected to show more than 20 million lost jobs and depth of pain as US economy shut down

April's jobs report will be horrific, and with the worst job losses ever, it should provide a critical look into the economy's collapse.




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Gold moves into a 'zombie state' as the usual spurs fail to impress

Geopolitical concerns, likely higher interest rates and a weaker dollar are not driving gold price swings as expected.




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A recent jump in the Aussie dollar may point to further gains

The Aussie dollar could see a spurt higher as recent activity shows it testing a long-term resistance level of 81.




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Shanghai stocks are developing a classic pattern

The Shanghai Index is developing a classic test and retest pattern that often precedes a major trend reversal.




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The US-China trade spat has shocked the Shanghai index

The benchmark Shanghai Stock exchange index has halted a march higher. It can be linked to trade friction between the U.S. and China.




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Oil is on a steady and sustainable uptrend

This is not an erratic breakout trend driven by reactions to global risk factors. This is a steady, sustainable uptrend breakout, according to Daryl Guppy.




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Why some traders are seeing promise in Shanghai stocks

Aggressive traders are starting to enter the Shanghai market in anticipation of a trend change, writes Daryl Guppy.




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Oil's uptrend remains intact

Oil's price hasn't rebounded, but many features of the commodity's performance suggest the bear is not in command of this market, Daryl Guppy writes.




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How the 2020 presidential candidates' Q4 fundraising numbers shape up

CNBC's Eamon Javers and political reporter Brian Schwartz join the "Power Lunch" team to break down the latest presidential campaign fundraising numbers.




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Mike Bloomberg takes aim at Trump in Super Bowl ad buy

Mike Bloomberg is taking aim at President Trump with a TV ad buy that could be worth $10 million. Bloomberg's plan to run an ad during the National Football League's most watched game of the season comes as he focuses his attention on the delegate-rich Super Tuesday states. Their primaries are scheduled for March 3.




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Here's how Mike Bloomberg's campaign spending may help him qualify for debates

Mike Bloomberg is outspending his rivals in the race to become the 2020 Democratic Presidential Nominee. His campaign spent $188 million during the fourth quarter of 2019. That's more money than any of his democratic competitors have raised over the entirety of this election cycle. But there's another big difference between those candidates and Bloomberg. Bloomberg didn't compete in the Iowa caucuses. Here's why and how he may still qualify for upcoming debates.




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Democrats cannot count on swing votes against Trump: Professor

Brendon O'Connor from the U.S. Studies Centre tells "Street Signs" that Democratic presidential hopefuls like Joe Biden and Bernie Sanders are unlikely to sway Trump's supporters, and the idea of swing votes is overrated.




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Hostess Brands CEO on coronavirus impact and the food supply chain

Andy Callahan, Hostess Brands CEO, joins "Closing Bell" to discuss the company's earnings.




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Individual investors pulled $20 million from Fisher Investments following billionaire's sexist comments

While institutional investors have pulled more than $3 billion from the Camas, Washington-based firm in the wake of Ken Fisher's comments, retail clients have had a more muted reaction. Here's why individual investors may be slow to divest.




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New client best interest rule raises standards but 'muddies the water' on advisor, broker differences

Regulation Best Interest (Reg BI), the new rules passed by the SEC in September, may have raised the standard of care required of brokers making investment recommendations to their clients, but it didn't clear up the confusion about the differences between registered investment advisors and brokers.




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It may get harder for consumers to tell how some financial advisors get paid

The CFP Board, which oversees standards for 86,000 certified financial planners in the U.S., removed the ability for consumers to search for an advisor based on how they're paid.




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Op-Ed: Financial advisors help clients navigate through uncertainty

The best financial advisors will choose to stay connected with their clients throughout the coronavirus crisis and be creative in evolving their services on a human level. Keep adding to your market volatility playbook — this isn't the first time we've encountered turbulence in the markets, and it won't be the last.




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Op-Ed: Don't let coronavirus market swings hijack your brain

The barrage of bad economic news surrounding the coronavirus pandemic can trigger an emotional response, or "amygdala hijack," in investors' brains that can cloud judgment. Here's how to combat the panic and ensure sound financial decision-making.




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Norwegian Cruise Line CEO talks cruise bookings, raising $2 billion to avoid bankruptcy

Norwegian Cruise Line CEO Frank Del Rio said the troubled company has raised enough liquidity to get through potential 18 months of zero revenues.




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Etsy e-retail sales jump 79%, sold 12 million face masks in April, CEO says

Etsy CEO Josh Silverman discussed the e-retailer's sales swings from March to April and how the company has responded to the coronavirus pandemic.




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Moderna CEO: Covid-19 vaccine will be 'supply constrained for quite some time'

Moderna CEO Stephan Bancel tells "Squawk Box" that he anticipates the supply of Covid-19 vaccines will be 'constrained' at first and that the company will work closely with the U.S. government to distribute the first batches of the vaccine to areas that have the most need.




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'People still hurt': the forgotten survivors of Cyclone Idai

A year after eastern Zimbabwe was devastated by one of the worst storms on record, many people remain amid the wreckage living in makeshift shelters

The sound of the rising wind and the heavy rain trigger fear at Garikai camp in Ngangu, Chimanimani, eastern Zimbabwe.

Villagers here are haunted by traumatic memories of the aftermath of the cyclone that swept over this region last March, when they were forced to bury the dead in makeshift coffins. Some people have never found their loved ones.

Related: Why were the people worst affected by Cyclone Idai so badly prepared? | Antonio Matimbe

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Businesses continue to apply for a PPP loan. Forgiveness remains uncertain

Companies that were able to make the cut and qualify for the Paycheck Protection Program have another fight on the horizon: having their loan forgiven. Here's why it's so hard to figure that out.




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This tax break is up in the air for employers who furloughed workers

Employers who furlough their employees but cover the cost of health insurance may not be able to claim the employee retention tax credit. Lawmakers are now asking Treasury to change course.




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Unemployment just hit 14.7% yet the market is way up. Please explain!

How to understand what's going on when the jobless rate is surging and so are stock prices. Unemployment's up and so is the stock market. Why?







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As markets rally, technician says the charts suggest more gains ahead

Strategas' Chris Verrone on where the markets are headed from here. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.




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Brawl erupts between Hong Kong politicians in fight for chair - video

The legislative council descended into chaos for more than an hour on Friday as opposing lawmakers threw placards and scrambling over each other to take control of a house committee. Politicians rushed to take the seat left empty after the house was unable to elect a new chairperson. The incumbent, Starry Lee, reached the seat first as pro-Beijing and pro-democracy members crowded in

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Britain was led by Churchill then – it’s led by a Churchill tribute act now

With coronavirus lockdown subduing VE Day, contrasts with 75 years ago were many and varied

Somehow the quiet made it louder. By rights, marking the 75th anniversary of VE Day in the midst of a pandemic that has confined us to our homes – forcing us to keep our distance from one another, denying us the right to gather in crowds – should have muffled this commemoration. A celebration in private would surely feel like no celebration at all. Katherine Jenkins singing to an empty Albert Hall, streets with no street parties and the pubs all shut: how could that add up to anything other than a damp squib?

And yet Friday’s marking of the end of the second world war struck a deeper chord than it might, had it been just another sunny bank holiday. Yes, the usual rituals had to be suspended. There could be no wreath-laying at local memorials; instead, Prince Charles and Camilla laid two small wreaths on their own, in a crowdless corner of Balmoral, watched by a lone piper. There could be no veterans’ parades, no reunions for those who had served, no grateful handshakes from the politicians: 102-year-old former staff sergeant Ernie Horsfall had to make do with a Zoom call from Boris Johnson. And there were limited opportunities for silliness: the Winston Churchill impersonators were all dressed up with nowhere to go, forced to perform their cigar-and-V-sign shtick online.

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Bangladeshi journalist is jailed after mysterious 53-day disappearance

Campaigners warn Shafiqul Islam Kajol faces a lengthy sentence as his family worries about his exposure to Covid-19 in prison

Fifty-three days after he disappeared, Bangladeshi journalist Shafiqul Islam Kajol turned up on Sunday in police custody at a border town 150 miles from where he had last been seen.

“I am alive,” he told his son by phone, the first time the family had heard his voice since his disappearance in early March, a day after a case was filed against him and 31 others under the country’s controversial new Digital Security Act.

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'It happened all at once': Tara Reade details assault claim against Joe Biden in Megyn Kelly interview

Former staffer discusses allegation in in-depth interview with the former Fox News and NBC host

Tara Reade repeated her allegations of sexual assault against Joe Biden in an in-depth interview with Megyn Kelly released on Friday, answering questions on who she shared her story with and why she supported the former vice president publicly in the past.

Reade has accused Biden of sexually assaulting her in 1993, when she worked as an aide in his Senate office. She told Kelly, a former Fox News and NBC host who memorably sparred with Trump during the 2016 campaign over his treatment of women, that Biden pushed her against the wall in a Senate hallway and digitally penetrated her against her will.

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Spain and Italy ease Covid-19 lockdown but Russia hits daily high

Two of Europe’s worst affected countries begin careful process of opening up societies again

Spain and Italy, two of the European countries hardest hit by coronavirus, are beginning to emerge from lengthy and strict lockdowns as Russia and Afghanistan reported their biggest one-day rises in new infections.

In Spain, where 217,466 cases of Covid-19 and 25,264 deaths have been confirmed, adults were allowed back on to the street to exercise for the first time in seven weeks this weekend.

Epidemics of infectious diseases behave in different ways but the 1918 influenza pandemic that killed more than 50 million people is regarded as a key example of a pandemic that occurred in multiple waves, with the latter more severe than the first. It has been replicated – albeit more mildly – in subsequent flu pandemics.

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Eurostar backtracks over coronavirus refunds after complaints

Customers say they were denied cancellation repayments and pushed to accept unusable vouchers

Eurostar is to offer more generous cancellation terms and has promised cash refunds after facing a backlash from customers furious at its previous refunds stance.

With French borders still closed to all tourist traffic, Eurostar has been forced to cancel all but two trains a day out of London, leaving thousands of passengers with unusable tickets.

Related: Confusion over French quarantine rules for overseas visitors

Related: UK watchdog flooded with complaints over holiday refunds

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Ex-French president Valéry Giscard d’Estaing accused of sexual harassment

German journalist alleges VGE repeatedly touched her bottom during interview

The former French president Valéry Giscard d’Estaing has been accused of sexual harassment in a legal complaint lodged by a German journalist.

Ann-Kathrin Stracke claims VGE, as he is known, repeatedly touched her bottom during an interview at his office on Boulevard Saint-Germain, in Paris, at the end of 2018. She lodged a complaint on 10 March with the Paris public prosecutor’s office.

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America's billionaires are giving to charity – but much of it is self-serving rubbish | Robert Reich

Well-publicized philanthropy shows how afraid the super-rich are of a larger social safety net – and higher taxes

As millions of jobless Americans line up for food or risk their lives delivering essential services, the nation’s billionaires are making conspicuous donations – $100m from Amazon’s Jeff Bezos for food banks, billions from Microsoft co-founder Bill Gates for a coronavirus vaccine, thousands of ventilators and N95 masks from Elon Musk, $25m from the Walton family and its Walmart foundation. The list goes on.

Related: Call for super-rich to donate more to tackle coronavirus pandemic

Why should we believe that Gates or any other billionaire’s 'boldness' necessarily reflects society’s values and needs?

Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a columnist for Guardian US

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