ir Coronavirus fallout: Here are the 16 department stores Nordstrom is closing permanently By www.cnbc.com Published On :: Fri, 08 May 2020 20:30:46 GMT Nordstrom announced earlier this week it will be permanently closing 16 of its department stores, after assessing each state that it operates in and the hit it is taking because of the coronavirus pandemic. Full Article
ir Virus hits Trump's inner circle, unemployment rivals Great Depression: This week's recap and our best reads By www.cnbc.com Published On :: Sat, 09 May 2020 14:37:36 GMT The U.S. shed a record number of jobs in April, Trump's personal valet tests positive for virus: This weeks news recap and our best reads. Full Article
ir 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
ir FDA gives emergency authorization for new antigen test to help detect coronavirus quicker and cheaper By www.cnbc.com Published On :: Sat, 09 May 2020 15:00:39 GMT There is a higher chance of false negatives with an antigen test and a negative result may need to be confirmed with an additional PCR test prior to further treatments. Full Article
ir Coronavirus has taken millions of jobs, but here's where they're coming back By www.cnbc.com Published On :: Sat, 09 May 2020 12:04:30 GMT While some jobs won't be coming back after the lockdown, most, at least for now, will. Full Article
ir Why ordering from Amazon has been so unpredictable during the coronavirus crisis By www.cnbc.com Published On :: Sat, 09 May 2020 12:19:07 GMT Amazon has been combating coronavirus-related issues on multiple fronts for the past several months. Full Article
ir Cramer says Virgin Galactic rally will end badly: 'No one is going to Mars that I know of' By www.cnbc.com Published On :: Wed, 19 Feb 2020 21:04:03 GMT Cramer said he did not understand the market's enthusiasm for Virgin Galactic, which has more than tripled in the past three months. Full Article
ir How the coronavirus changed life in China: CNBC Beijing Bureau Chief Eunice Yoon By www.cnbc.com Published On :: Tue, 31 Mar 2020 15:04:29 GMT CNBC Beijing Bureau Chief Eunice Yoon reflects, as both a reporter and a Beijing resident, on what daily life has been like during the COVID-19 outbreak in China. Full Article
ir Since 1990, here's how Dow, S&P 500 trade in the year after their worst, sudden crashes By www.cnbc.com Published On :: Thu, 26 Mar 2020 13:33:58 GMT The stock market just experienced one of its worst five-day drops ever, but the Dow is back up thousands of points in two days. History says that shouldn't be a surprise to investors. Full Article
ir Since 1990, this is how Dow, S&P perform in quarters that follow their worst drops By www.cnbc.com Published On :: Fri, 03 Apr 2020 01:01:19 GMT Since 1990, the Dow Jones Industrial Average and S&P 500 Index have bounced back in quarters that directly follow quarters when the S&P declined by 10% or more, according to market history. Full Article
ir Mark Cuban, Leonardo DiCaprio, and ARod go 'all in' to fight hunger caused by coronavirus By www.cnbc.com Published On :: Wed, 15 Apr 2020 19:46:45 GMT The #AllInChallenge from Fanatics founder Michael Rubin has enlisted celebrities and sports stars including Leonardo DiCaprio, ARod and Mark Cuban to fight COVID-19 food insecurity. Full Article
ir 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
ir Leon Cooperman says the coronavirus crisis will change capitalism forever and taxes have to go up By www.cnbc.com Published On :: Thu, 23 Apr 2020 14:55:40 GMT The Omega Family Office chairman and CEO said on CNBC's "Squawk Box" that taxes will need to go up regardless of who wins the upcoming presidential election. Full Article
ir Coronavirus 'is a true black-swan event,' sparking corrections across global markets By www.cnbc.com Published On :: Thu, 27 Feb 2020 19:15:02 GMT International investors believe coronavirus is truly a global phenomenon, and the entire global stock market has been taken down. Full Article
ir Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like By www.cnbc.com Published On :: Thu, 05 Mar 2020 23:25:06 GMT Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets. Full Article
ir Circuit breakers, triggered for the first time in 20 years, pass a crucial test By www.cnbc.com Published On :: Mon, 09 Mar 2020 22:59:10 GMT Monday marked the first time that a modern circuit breaker kicked in, and it did its job — to pause the market and create liquidity. Full Article
ir Here's what would happen if coronavirus forces the NYSE to close its trading floor By www.cnbc.com Published On :: Fri, 13 Mar 2020 15:47:56 GMT The New York Stock Exchange is prepared for the possibility that someone working on its trading floor may contract coronavirus. Full Article
ir NYSE readies itself for first ever all-electronic trading day By www.cnbc.com Published On :: Mon, 23 Mar 2020 17:34:42 GMT With the floor of the New York Stock Exchange closed as of Monday, trading will resume electronically. Full Article
ir Fed surprises market with program to support corporate bonds amid coronavirus pandemic By www.cnbc.com Published On :: Mon, 23 Mar 2020 21:43:27 GMT Under a program called the Secondary Market Corporate Credit Facility, the Federal Reserve will buy corporate bond and exchange traded funds. Full Article
ir Father of Wall Street's 'fear gauge' sees wild volatility continuing until coronavirus cases peak By www.cnbc.com Published On :: Sun, 29 Mar 2020 15:19:41 GMT Robert Whaley, who created the original VIX in 1992, says the most important thing for markets is to reduce the uncertainty around the coronavirus crisis. Full Article
ir Macy's is the first of what could be a retail and energy purge from the S&P 500 By www.cnbc.com Published On :: Thu, 02 Apr 2020 14:26:57 GMT Macy's won't be the last company kicked out of the S&P 500. Judged solely by market capitalization, many companies in the index appear in danger of being kicked out. Full Article
ir NYSE-legend Art Cashin gives his first comments on the coronavirus sell-off and when we recover By www.cnbc.com Published On :: Mon, 06 Apr 2020 11:06:10 GMT Cashin was in a car accident in early February (he was not driving) and has been recuperating. We spoke to him by phone from his home. Full Article
ir Oil fund's near implosion is the latest market wackiness leaving traders scratching their heads By www.cnbc.com Published On :: Fri, 24 Apr 2020 12:52:48 GMT The United States Oil Fund, which invests in oil futures contracts, was guaranteed to be a losing bet over time, but retail investors piled into the exchange-traded fund, perhaps believing it was a bet on the spot price of oil. Full Article
ir 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
ir 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
ir 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
ir 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
ir Coronavirus: CEO behind Buffett, Bezos health venture says US 'death toll curve' worse than China By www.cnbc.com Published On :: Fri, 27 Mar 2020 12:30:51 GMT "Our death toll curve is now worse than when China was at the same stage," Haven CEO Dr. Atul Gawande tells CNBC. Full Article
ir '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
ir 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
ir Here's what to expect from Warren Buffett during Berkshire Hathaway's first virtual annual meeting By www.cnbc.com Published On :: Sat, 02 May 2020 13:57:58 GMT Berkshire's cash pile has left investors wondering whether Warren Buffett has found some attractive investments after the market's record plunge. Full Article
ir Here's a full recap of Warren Buffett's newsmaking comments at Berkshire Hathaway's annual meeting By www.cnbc.com Published On :: Mon, 04 May 2020 11:42:34 GMT Buffett made a lot of news at Berkshire's first virtual annual meeting on Saturday, including revealing that he sold all his airline stocks. Full Article
ir 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
ir Warren Buffett says Berkshire sold all its airline stocks because of the coronavirus By www.cnbc.com Published On :: Mon, 04 May 2020 16:18:19 GMT Buffett said Berkshire sold its entire stake in United, American, Southwest and Delta Airlines, worth more than $4 billion on December 31. Full Article
ir 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
ir Buffett on coronavirus, airlines and more: Watch the 5 best moments from the Berkshire meeting By www.cnbc.com Published On :: Mon, 04 May 2020 18:49:02 GMT Berkshire Hathaway's 2020 annual shareholder meeting, the "Woodstock for Capitalists," was hosted virtually for the first time ever. Full Article
ir US airline stocks tumble after Buffett sells stakes By www.cnbc.com Published On :: Mon, 04 May 2020 21:33:39 GMT Airline shares were headed for another day of sharp declines, this time after Warren Buffett said Berkshire Hathaway's cashed out of its stakes in the four largest carriers. Full Article
ir 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
ir 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
ir 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
ir These five stocks are well below their average price targets, but two could catch up By www.cnbc.com Published On :: Tue, 26 Nov 2019 19:46:09 GMT Matt Maley, chief market strategist at Miller Tabak, and Quint Tatro, chief investment officer at Joule Financial, talk top Thanksgiving trades with CNBC's Mike Santoli. Full Article
ir Global growth will benefit after coronavirus: Bokeh Capital Partners CIO By www.cnbc.com Published On :: Wed, 19 Feb 2020 19:40:17 GMT Kim Forrest, founder and chief investment officer at Bokeh Capital Partners, and David Ellison, portfolio manager at Hennessy Funds, join 'The Exchange' to discuss markets. Full Article
ir 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
ir Dealing with the mental health fallout of the coronavirus By www.cnbc.com Published On :: Sat, 09 May 2020 00:08:55 GMT Dr. Simon Rego, Montefiore Health System in New York, on the mental health crisis spurred by the coronavirus pandemic. Full Article
ir 'If you're a shareowner in Amazon, you may want to take a seat' — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response By www.cnbc.com Published On :: Tue, 05 May 2020 18:43:02 GMT Amazon will invest heavily in Covid-19 testing for its employees. Full Article
ir 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
ir 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
ir Exxon loses $610 million in the first quarter on write-downs tied to plunging oil By www.cnbc.com Published On :: Fri, 01 May 2020 20:30:18 GMT Exxon Mobil reported a loss in the first quarter as oil prices dropped to historic lows. Full Article
ir 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
ir Wayfair shares rocket higher as coronavirus-related store closures shift more demand its way By www.cnbc.com Published On :: Tue, 05 May 2020 15:58:13 GMT Online furniture retailer Wayfair's net loss widened during the first quarter, as its sales surged nearly 20% from a year ago. Full Article