its Nordstrom is preparing to reopen its stores. Here's what the retailer is changing By www.cnbc.com Published On :: Tue, 05 May 2020 17:55:40 GMT Nordstrom is preparing to reopen some of its department stores, following the lead of Macy's, offering a glimpse at how shopping will be different coming out of the coronavirus pandemic. Full Article
its 'Today's norm to tomorrow's everyday routines,' CVS CEO says the pandemic will change customers' shopping, health-care habits By www.cnbc.com Published On :: Wed, 06 May 2020 22:22:22 GMT The health-care company's chief executive, Larry Merlo, said trends that emerged during the pandemic, such as use of telemedicine and prescription delivery to the home, may continue to be popular. Full Article
its Target in talks to boost its same-day delivery ambitions by buying pieces of startup Deliv By www.cnbc.com Published On :: Thu, 07 May 2020 16:23:35 GMT The aspect of the technology that interests Target is its ability to pool multiple orders and route them to a similar place, NBC News reports. Full Article
its Millions can't access unemployment benefits so actual job losses are likely greater than data shows By www.cnbc.com Published On :: Tue, 28 Apr 2020 20:49:41 GMT The number of Americans who have lost their jobs during the coronavirus pandemic could be even bleaker than official government data suggests. Full Article
its Consumer debt hits new record of $14.3 trillion By www.cnbc.com Published On :: Tue, 05 May 2020 19:07:12 GMT Household debt balances through March totaled $14.3 trillion, a 1.1% increase from the previous quarter and now $1.6 trillion clear of the previous nominal high of $12.7 trillion in the third quarter of 2008 during the financial crisis, Full Article
its Why Australia REITs may outperform: Morgan Stanley By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Julia Wood reports on the chances of a resurgence in Australian real estate trusts. Full Article
its Singapore is not yet halfway through its coronavirus outbreak, says minister By www.cnbc.com Published On :: Wed, 06 May 2020 06:15:02 GMT Migrant workers living dormitories have accounted for around 87.6% of Singapore's total 19,410 confirmed cases as of Tuesday, according to the health ministry. Full Article
its China needs a growth target to guide its stimulus measures: Citi By www.cnbc.com Published On :: Thu, 07 May 2020 06:09:38 GMT China should still set a growth target this year for the authorities to design a "sensible" stimulus package, says Liu Li-gang, Citigroup's chief economist for China, who adds that the country's unemployment rate risks exceeding 10% without aggressive fiscal stimulus. Full Article
its Australian economy is starting its recovery phase, fiscal policy will influence it the most: NAB By www.cnbc.com Published On :: Fri, 08 May 2020 01:11:04 GMT Australia has started plans on re-opening its economy after a period of social distancing. Ivan Colhoun of the National Australian Bank suggests looking to fiscal stimulus to cushion the hit to their economy, and to keep an eye on how lower immigration may slow the economy in the long term. Full Article
its 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
its Estee Lauder CEO: 'Consumer finds a way to get the product they want,' as online sales grow double digits By www.cnbc.com Published On :: Fri, 01 May 2020 23:01:41 GMT "The consumer finds a way to get the product they want" and "found a way to buy our product online more than usual," Estee Lauder CEO Fabrizio Freda said. Full Article
its 'She had the vision' — Marc Benioff credits Rhode Island governor for inspiring Salesforce's contact tracing tools By www.cnbc.com Published On :: Tue, 05 May 2020 00:28:01 GMT Salesforce CEO Marc Benioff said it was Rhode Island Gov. Gina Raimondo's idea to couple contact tracing with coronavirus testing as the software maker sought to launch Work.com. Full Article
its 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
its 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
its 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
its 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
its 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
its Trader bets gold about to get its shine back By www.cnbc.com Published On :: Thu, 26 Sep 2019 18:27:37 GMT Bullion bounces back. Can gold shine again? With CNBC's Seema Mody and the Futures Now traders, Jim Iuorio at the CME and Anthony Grisanti at the NYMEX. Full Article
its If a second wave hits, economist Mark Zandi warns a depression will hit By www.cnbc.com Published On :: Fri, 08 May 2020 22:08:28 GMT Moody's Analytics' Mark Zandi worries businesses may reopen too soon. Full Article
its '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
its 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
its 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
its 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
its The businesses that made Disney a juggernaut are suddenly hurting, distracting from its streaming success By www.cnbc.com Published On :: Tue, 05 May 2020 23:16:21 GMT Disney wants Wall Street to focus on its growing streaming business, but its media networks, theme parks and film studio have grown too large to be ignored. That's become a big problem during coronavirus shutdowns. Full Article
its Disney reports 58% drop in operating income from parks and cruises, its worst-hit segment By www.cnbc.com Published On :: Tue, 05 May 2020 21:54:21 GMT This is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman. Full Article
its New York Times expects ad revenue to plummet 50% in Q2, but broke its record for net new subscriptions in a quarter By www.cnbc.com Published On :: Wed, 06 May 2020 18:25:08 GMT The New York Times Company said it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for advertisers. But the media company, which gets two-thirds of its revenue from subscriptions, said it added more than half a million net new digital subscriptions. Full Article
its Carvana shares tumble double digits on first-quarter losses By www.cnbc.com Published On :: Wed, 06 May 2020 23:24:39 GMT Shares of Carvana tumbled double digits during after-market trading following the auto retailer reporting a net loss of $183.6 million during the first quarter. Full Article
its Croatia brings new coronavirus infections down to single digits By www.cnbc.com Published On :: Wed, 06 May 2020 13:16:11 GMT Croatian Prime Minister Andrej Plenkovic discusses the EU's response to the Covid-19 pandemic and how the country has handled the crisis. Full Article
its Pebble Watch funding hits milestone By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Morgan Brennan and Tom's Guide Editor-in-Chief Mark Spoonauer talk about Pebble's place in the smart watch market. Full Article
its How beer benefits the US economy By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Beer is the most popular alcoholic drink in the U.S. But did you know the beer industry employs over 2 million Americans? Full Article
its 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
its Facebook just launched its brand new site — here's how to check it out if you don't see it yet By www.cnbc.com Published On :: Fri, 08 May 2020 22:24:35 GMT Facebook's new homepage is live now. Here's how to switch to it. Full Article
its Nintendo profits surge as 'Animal Crossing' game becomes fastest-selling title on the Switch By www.cnbc.com Published On :: Thu, 07 May 2020 13:20:30 GMT Nintendo said "Animal Crossing: New Horizons" sold over 13 million copies in the first six weeks, making it the fast-selling Switch game. Full Article
its Sweden's chief scientist admits lessons have been learned over no-lockdown policy By www.cnbc.com Published On :: Thu, 07 May 2020 13:51:49 GMT Sweden's decision to avoid a strict lockdown like its European neighbors drew global attention and was not without controversy, but its chief epidemiologist says there are few things he would have done differently. Full Article
its Trump 'torn' over US-China trade deal as officials push to fulfill its terms By www.cnbc.com Published On :: Sat, 09 May 2020 02:43:12 GMT Asked if he was "breaking up" the Phase 1 trade deal, Trump said: "I'm very — I'm very torn as to — I have not decided yet, if you want to know the truth." Full Article
its British start-up Culture Trip confirms layoffs as coronavirus hits travel By www.cnbc.com Published On :: Mon, 04 May 2020 12:19:44 GMT The London-based company has raised over $100 million from investors but it hasn't been an easy ride. Full Article
its German court says the European Central Bank now needs to prove its bond buying is needed By www.cnbc.com Published On :: Tue, 05 May 2020 10:26:24 GMT The German court said the decision does not concern any financial assistance measures taken by the European Union or the ECB in the context of the current coronavirus crisis. Full Article
its TikTok has quietly made London its main hub in Europe By www.cnbc.com Published On :: Fri, 08 May 2020 08:29:04 GMT The Chinese-owned social media app is hiring artificial intelligence and software engineers in the U.K. capital. Full Article
its The Dow has lost its momentum By www.cnbc.com Published On :: Tue, 03 Jul 2018 05:07:58 GMT The Dow does not like what it sees as trade tensions rise, according to Daryl Guppy. Full Article
its Google cut its lobbying spending nearly in half in 2019, while Facebook took the lead By www.cnbc.com Published On :: Wed, 22 Jan 2020 17:56:27 GMT Amazon, Apple and Facebook all increased their lobbying spending in 2019 from the previous year. Full Article
its Unemployment benefits for gig and self-employed workers stalled by confusion, delays By www.cnbc.com Published On :: Thu, 02 Apr 2020 21:20:07 GMT The new coronavirus relief law extends unemployment benefits to gig, self-employed and other previously ineligible workers, but they may have to wait to file and receive benefits. Full Article
its Here's how Gap plans to reopen its stores By www.cnbc.com Published On :: Wed, 06 May 2020 19:42:26 GMT Your shopping experience at Gap could temporarily change. CNBC's Courtney Reagan reports the details on how Gap will reopen its stores across the country. Full Article
its Hilton CEO on navigating coronavirus pandemic as crisis hits hotel industry By www.cnbc.com Published On :: Thu, 07 May 2020 13:14:11 GMT Chris Nassetta, president and CEO of Hilton, joins "Squawk Box" to discuss company earnings, navigating the coronavirus crisis and more. Full Article
its This Mournable Body by Tsitsi Dangarembga review – life on the precipice By www.theguardian.com Published On :: 2020-01-12T13:00:35Z A woman’s descent into poverty provides a powerful finale to the Zimbabwean author’s trilogy“You want nothing more than to break away from the implacable terror of every day you spend in your country – where you can no longer afford the odd dab of peanut butter to liven up the vegetables from Mai Manyanga’s garden.” This is the voice of Tambu, first encountered in the Zimbabwean writer Tsitsi Dangarembga’s much-praised 1988 book Nervous Conditions, a passionate, first-person account of a 1960s Rhodesian childhood scarred by the war of independence.Now, in the final instalment in the trilogy, Tambu is middle aged and writing in an appropriately distanced second person. Dangarembga sets herself the challenge of writing about how alienated personhood becomes when life stories lose hope and in a country where effort is no longer followed by reward. Continue reading... Full Article Fiction Zimbabwe Poverty Books Culture
its People receiving SSI or VA benefits have until tomorrow to meet this stimulus check deadline By www.cnbc.com Published On :: Wed, 06 May 2020 13:21:57 GMT Time is running out if you're receiving SSI or VA benefits and want to make sure your children under 17 are included in your stimulus payments. You have just until tomorrow to report your information to the IRS. But beware: Some people have already complained that their checks fall short. Full Article
its Why unemployment benefits for the self-employed may be less than expected By www.cnbc.com Published On :: Thu, 07 May 2020 19:37:45 GMT Self-employed workers applying for unemployment benefits may get less than they think because of how they report income. Full Article
its ‘We are living in a catastrophe’: Peru's jungle capital choking for breath as Covid-19 hits By www.theguardian.com Published On :: 2020-05-07T10:45:01Z Iquitos, still reeling from a dengue fever outbreak and plagued by poverty, relies on air deliveries for medicine, equipment and oxygenIn the final hours before Covid-19 claimed her life, Cecilio Sangama watched helplessly as his eldest sister Edith gasped for breath.Hospitals across Peru’s largest Amazon city had run out of oxygen, and the shortage had pushed the black market price of a cylinder well above $1,000 (£810). Continue reading... Full Article Global development Coronavirus outbreak Peru Infectious diseases Americas World news Health
its Trouble brewing for tea producers as coronavirus lockdown hits harvests By www.theguardian.com Published On :: 2020-05-08T02:26:27Z India’s ‘champagne of teas’ among those affected as country’s tea board estimates output could drop 9%, amid strain in China and Sri LankaCoronavirus – latest updatesSee all our coronavirus coverageTrouble is brewing for the world’s tea producers as the coronavirus lockdown shut down the harvest in several important regions, including the picking of India’s “champagne of teas”.Despite forecasts of increased demand from drinkers stuck at home across the world, producers have become frustrated by the enforced quarantining of their workforce, with India’s output expected to drop by 9% in 2020. Continue reading... Full Article Global development Tea India Sri Lanka Coronavirus outbreak Environment Infectious diseases
its India primed: what Amazon's vast new Hyderabad campus reveals about its plans By www.theguardian.com Published On :: 2019-12-31T07:00:29Z Amazon have arrived in force in rapidly expanding Hyderabad, with designs on the currently almost non-existent Indian e-commence marketThe futuristic lobby of the new Amazon building in Hyderabad feels as though it should have a permanent orchestra blasting out Also Sprach Zarathustra. The scale is intended to awe. A large slogan on a wall suggests the company is “Delivering smiles”. The only sound that rises above the hush is a synthesised beep, coming from a giant screen playing a video of the campus at various stages of its construction.Built on nine acres in this Indian city’s financial district, it is Amazon’s single largest building globally and the only Amazon-owned campus outside the US. It can house over 15,000 employees, but its size is its main architectural feature: it resembles the same cube of glass steel and chrome seen in corporate offices across Hyderabad, though a flash of magenta reflected in one of the top floor windows, from a billowing sari across the road, is a nice Indian touch. Continue reading... Full Article Cities India Amazon E-commerce Internet South and Central Asia Technology World news
its Spain and Italy ease Covid-19 lockdown but Russia hits daily high By www.theguardian.com Published On :: 2020-05-03T15:12:27Z Two of Europe’s worst affected countries begin careful process of opening up societies againCoronavirus – latest updatesSee all our coronavirus coverageSpain 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. Continue reading... Full Article Coronavirus outbreak Spain Italy Russia France Afghanistan Europe World news