rona Pfizer to outsource some drug production, focus on coronavirus vaccine By www.cnbc.com Published On :: Sat, 09 May 2020 00:52:59 GMT Pfizer said on Friday it is in talks to shift more of its medicine production to outside contractors as it prepares for large-scale production of an experimental vaccine to prevent Covid-19, should it prove safe and effective. Full Article
rona State Department quietly begins reopening amid coronavirus pandemic By www.cnbc.com Published On :: Sat, 09 May 2020 01:35:42 GMT The plan, entitled "Diplomacy Strong," includes policies on travel, telework, face coverings, as well as social distancing requirements for common spaces such as cafeterias. Full Article
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona 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
rona '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
rona 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
rona 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
rona 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
rona 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
rona Cheesecake Factory swings to a loss as coronavirus weighs on earnings By www.cnbc.com Published On :: Wed, 06 May 2020 15:44:17 GMT The Cheesecake Factory swung to a loss in its first quarter as the coronavirus pandemic forced the company to close its dining rooms and furlough thousands of its workers. Full Article
rona Beyond Meat shares rise as first-quarter revenue soars 141%, but it withdraws 2020 forecast due to coronavirus By www.cnbc.com Published On :: Tue, 05 May 2020 23:23:06 GMT Citing uncertainty due to the coronavirus pandemic that's shuttered much of the dine-in restaurant industry around the world, the company suspended its full-year forecast. Full Article
rona 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
rona Lyft shares jump 15% as company reports more riders than last year despite coronavirus By www.cnbc.com Published On :: Wed, 06 May 2020 21:30:46 GMT Lyft reports its first-quarter results on Wednesday after the bell. Full Article
rona 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
rona Valuations only part of the picture in coronavirus crisis, strategist says By www.cnbc.com Published On :: Tue, 05 May 2020 10:41:32 GMT John Bilton, global head of multi-asset strategy at J.P. Morgan Asset Management, discusses the impact of the Covid-19 pandemic on stock valuations. Full Article
rona Working to ensure we emerge stronger from coronavirus crisis, Solvay CEO says By www.cnbc.com Published On :: Wed, 06 May 2020 09:50:02 GMT Ilham Kadri, CEO of Solvay, discusses the chemicals company's first-quarter earnings. Full Article
rona 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
rona Economic scars will remain for EU after coronavirus, official says By www.cnbc.com Published On :: Wed, 06 May 2020 13:16:45 GMT EU Economic Commissioner Paolo Gentiloni discusses the economic impact of the coronavirus pandemic across the euro zone. Full Article
rona Coronavirus an 'unbelievable' challenge for hospitality sector, IHG CEO says By www.cnbc.com Published On :: Thu, 07 May 2020 09:04:59 GMT Keith Barr, CEO of InterContinental Hotels Group, discusses the impact of the coronavirus pandemic on the company. Full Article
rona Expecting recovery from coronavirus to be L-shaped, strategist says By www.cnbc.com Published On :: Thu, 07 May 2020 09:43:19 GMT Stephen Isaacs, chairman of the investment committee at Alvine Capital Management, discusses the market recovery from the coronavirus crisis. Full Article
rona HSBC results were unsurprising given economic fallout from coronavirus, says analyst By www.cnbc.com Published On :: Wed, 29 Apr 2020 08:26:18 GMT HSBC's first-quarter earnings were not surprising given the global economic fallout of the coronavirus pandemic, says Filippo Alloatti, senior credit analyst at Federated Hermes. He also discusses the bank's decision to suspend share buybacks and dividend payouts for now. Full Article
rona The coronavirus crisis is 'accelerating' the need for economic transformation: Citi By www.cnbc.com Published On :: Tue, 28 Apr 2020 09:46:46 GMT Miguel Azevedo of Citi discusses the coronavirus pandemic's impact on Middle Eastern nations, mergers and acquisitions, and economic activity in the Muslim holy month of Ramadan. Full Article
rona Andrew Forrest on using business power to fight Australia's coronavirus crisis By www.cnbc.com Published On :: Wed, 29 Apr 2020 06:59:40 GMT With ten million test kits now secured by the Mindaroo Foundation and its business partners, Australia will have the "abundant capacity" to test widely for infections to "end the virus, not the economy," says Andrew Forrest, the foundation's co-founder and chairman, and former CEO of Fortescue Metals Group. Full Article
rona Earnings will get a massive hit this year from the coronavirus hit: Portfolio Manager By www.cnbc.com Published On :: Wed, 29 Apr 2020 07:21:36 GMT Steven Glass of Pengana International Fund says there is a wide disconnect between fundamentals and market moves and we are currently witnessing a bear-market rally. Full Article
rona North Asian tech stocks are attractive despite coronavirus crisis: State Street By www.cnbc.com Published On :: Tue, 05 May 2020 07:19:26 GMT The coronavirus has been a massive blow for markets across the globe. But Daniel Gerard of State Street says tech stocks in North Asia still offer plenty of opportunities for investors. Full Article
rona The coronavirus pandemic is a 'crisis of trust' for consumers: Majid Al Futtaim CEO By www.cnbc.com Published On :: Tue, 05 May 2020 09:25:02 GMT It's going to be a "very difficult" period for the Middle East given coronavirus pandemic, but this could be a "golden opportunity" for economies to implement reforms and become more resilient, says Alain Bejjani, CEO of Majid Al Futtaim. Full Article