ses Dropbox rises after company posts first quarterly profit By www.cnbc.com Published On :: Thu, 07 May 2020 22:11:30 GMT It's the first time Dropbox's bottom line is in the black since the company went public two years ago. Full Article
ses Oil pares losses and jumps 3% as lockdowns ease By www.cnbc.com Published On :: Mon, 04 May 2020 18:37:33 GMT Oil prices pared losses to turn higher on Monday, despite worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus. Full Article
ses Bioplastics developer raises $133 million in new funding in quest to replace single-use plastics By www.cnbc.com Published On :: Tue, 05 May 2020 10:00:02 GMT RWDC Industries, which makes a sustainable material solution that can be used as a substitute for plastic, raised $133 million in Series B funding. Full Article
ses Oil reverses gains and turns negative as supply glut weighs By www.cnbc.com Published On :: Wed, 06 May 2020 12:20:18 GMT Oil moved between gains and losses on Wednesday amid hopes for a recovery in demand as some countries ease coronavirus lockdowns, while oversupply fears continued to weigh. Full Article
ses Oil drops 2%, snapping five-day winning streak in volatile trading session By www.cnbc.com Published On :: Wed, 06 May 2020 18:37:41 GMT Oil prices moved lower on Wednesday, snapping the longest daily winning streak since July. Full Article
ses NFL players union approves new agreement that includes pay increases and extra regular season game By www.cnbc.com Published On :: Sun, 15 Mar 2020 14:23:13 GMT The National Football League Players Association has approved terms of a new 10-year collective bargaining agreement with NFL team owners. Full Article
ses With Hollywood on hiatus, studios are bracing for fights with insurers over coronavirus losses By www.cnbc.com Published On :: Thu, 09 Apr 2020 13:44:04 GMT Allianz, which is one of the main insurers for entertainment companies, estimates that Hollywood studios paid $400 million in premiums last year to cover "unforeseeable events." Now the bill is coming due. Full Article
ses LinkedIn offers to connect job-seekers with essential businesses for free By www.cnbc.com Published On :: Thu, 09 Apr 2020 21:29:30 GMT In the wake of COVID-19 shutting down broad swaths of the economy, LinkedIn is ditching the core engine of its business model to help people connect with jobs at no cost. Full Article
ses UK TV watchdog 'assessing' popular daytime show over comments on 5G-coronavirus conspiracy theories By www.cnbc.com Published On :: Wed, 15 Apr 2020 07:57:27 GMT Ofcom is looking into a popular morning show after its presenter made comments about baseless conspiracy theories linking Covid-19 to 5G. Full Article
ses Instagram announces new features for small businesses including gift cards, food orders and fundraisers By www.cnbc.com Published On :: Wed, 15 Apr 2020 15:43:52 GMT Starting Wednesday in the U.S. and Canada, Instagram users can tap on a gift card or food order to make a purchase through a company's site. Fundraisers created by a business or its supporter open on Facebook. Full Article
ses Online education company Coursera offers unemployed workers thousands of free courses By www.cnbc.com Published On :: Fri, 24 Apr 2020 13:59:37 GMT Unemployed workers are gaining free access to 3,800 courses created by elite universities and companies such as Amazon to learn skills and gain professional certificates for new job opportunities. Full Article
ses Hollywood's small businesses in crisis as coronavirus shuts everything down By www.cnbc.com Published On :: Sat, 25 Apr 2020 00:58:08 GMT Of the 5,900 businesses in Hollywood, 99.5% have less than 500 employees, and over 90% have fewer than 10 employees. Many are being forced to layoff or furlough employees as the coronavirus pandemic drags on. Full Article
ses Chief Justice John Roberts pauses order requiring Trump administration to turn over Mueller docs to Congress By www.cnbc.com Published On :: Fri, 08 May 2020 22:12:35 GMT The order would have required the Trump administration to turn over to Congress secretive materials produced in connection with Robert Mueller's Russian probe. Full Article
ses This chart shows how coronavirus jobs losses dwarf those in prior recessions By www.cnbc.com Published On :: Fri, 08 May 2020 16:54:02 GMT Jobs losses related to the coronavirus dwarf employment declines seen during prior U.S. recessions. Full Article
ses Landlords are worried increasingly fewer tenants will pay rent as coronavirus job losses mount By www.cnbc.com Published On :: Fri, 01 May 2020 16:32:15 GMT Rent is traditionally due on the first of the month, and with each passing month more tenants are becoming late on their payments. Full Article
ses 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
ses Trump shrugs off the brutal jobs report, focuses more on Michael Flynn case By www.cnbc.com Published On :: Fri, 08 May 2020 19:29:58 GMT Trump said he's not to blame after the Labor Department reported a devastating loss of more than 20 million jobs in the coronavirus crisis last month. Full Article
ses April job losses will be three times those from the GFC: Economist By www.cnbc.com Published On :: Fri, 08 May 2020 01:07:06 GMT Gregory Daco of Oxford Economics says he expects the U.S. unemployment rate to go up to 17% in April, reflecting a loss in income that will weigh on consumer spending and subsequent economic recovery. Full Article
ses 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
ses How Latino small business owners are keeping their businesses running during coronavirus By www.cnbc.com Published On :: Sun, 03 May 2020 14:46:10 GMT Latino entrepreneurs are among the majority of small business owners directly impacted by the economic fallout. Full Article
ses Clock ticking for small businesses squeezed out of government loans, now have a few months or less to survive, survey reveals By www.cnbc.com Published On :: Mon, 04 May 2020 14:19:24 GMT Only 13% of small businesses that applied for relief through the Paycheck Protection Program have received funding, according to the CNBC/SurveyMonkey Small Business Survey released Monday. Full Article
ses Klobuchar, Warren urge FTC to take more steps to help small businesses avoid coronavirus scams By www.cnbc.com Published On :: Wed, 06 May 2020 20:16:19 GMT Amy Klobuchar and Elizabeth Warren raise concerns about scammers taking advantage of business owners seeking aid during the coronavirus. Full Article
ses '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
ses Tannebaum: Businesses are treading cautiously to stay within the confines of the conditions of the PPP By www.cnbc.com Published On :: Tue, 05 May 2020 10:31:42 GMT Daniel Tannebaum of Oliver Wyman discusses the liability issues companies who participate in the Paycheck Protection Program face, and how the government should continue to refine the legislation. Full Article
ses 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
ses 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
ses 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
ses 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
ses 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
ses 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
ses 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
ses Restaurant Brands' Popeyes sales surge, while Tim Hortons misses estimates By www.cnbc.com Published On :: Fri, 01 May 2020 16:05:40 GMT Restaurant Brands said on Friday comparable sales at its Popeyes fast-food chain surged 26.2%, surpassing Wall Street expectations, powered by demand for its popular chicken sandwiches. Full Article
ses Clorox says sales jump 15% on strong demand for cleaning products, raises forecast By www.cnbc.com Published On :: Fri, 01 May 2020 12:47:49 GMT Clorox cleaning segment, which includes its namesake bleach and Pine-Sol, saw sales growth of 32%. Full Article
ses 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
ses DuPont doubles cost-savings target, slashes capital expenses By www.cnbc.com Published On :: Tue, 05 May 2020 12:03:38 GMT Industrial materials maker DuPont on Tuesday slashed its capital expenditure by about $500 million and raised its annual cost-savings target to counter global trade uncertainties brought on by the coronavirus outbreak. Full Article
ses 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
ses 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
ses 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
ses Who wins—and who loses—on net neutrality rules By www.cnbc.com Published On :: Thu, 26 Feb 2015 18:11:43 GMT The FCC is widely expected to pass new rules Thursday that classify the Internet as a public utility, and there's a clear list of winners and losers. Full Article
ses Expat job losses in the UAE will add to troubles in the GCC: Economist By www.cnbc.com Published On :: Wed, 06 May 2020 13:17:23 GMT Chris Payne of Peninsula Real Estate Management says the real problem in the GCC is not unemployment, but population shrinkage, as expats will be the first to be furloughed in an economic downturn. Full Article
ses Op-Ed: SBA chief pledges 'every available resource' to aid small businesses By www.cnbc.com Published On :: Thu, 09 Apr 2020 18:43:38 GMT All small businesses are eligible, including non-profits, self-employed individuals, sole proprietorships, and independent contractors, writes SBA Administrator Jovita Carranza. Full Article
ses Op-ed: To help Main Street businesses, look to Main Street banks By www.cnbc.com Published On :: Thu, 16 Apr 2020 13:07:57 GMT Local community banks were among the most prepared and willing to step up during these unprecedented times, releasing loans far earlier than many of their Wall Street counterparts. Full Article
ses Dow rises more than 400 points despite record job losses, posts first weekly gain in three By www.cnbc.com Published On :: Fri, 08 May 2020 20:22:43 GMT Stocks rose even after the ugliest monthly jobs report ever as investors bet the worst of the coronavirus and its economic impact has passed. Full Article
ses WHO says 'delayed epidemic' takes hold in Eastern Europe as coronavirus cases in Russia rise By www.cnbc.com Published On :: Fri, 08 May 2020 20:31:57 GMT Russia is now the world's fifth-most infected country with more than 187,800 cases, surpassing Germany and France, according to data from Johns Hopkins University. Full Article
ses Why the stock market is up even with historic job losses By www.cnbc.com Published On :: Fri, 08 May 2020 19:57:00 GMT The most Americans in history lost their job in April, but markets are moving higher. Here's why. Full Article
ses This stock group just made two golden crosses, and options traders are pouring in By www.cnbc.com Published On :: Fri, 10 Jan 2020 18:04:43 GMT Chinese internet stocks are the targets of outsize bullish bets in the options market, and now is a good time to buy in, says Christian Fromhertz, founder and CEO of Tribeca Trade Group. Full Article
ses Apple's big run loses steam on earnings By www.cnbc.com Published On :: Fri, 01 May 2020 22:16:50 GMT Earnings take away from Apple's momentum. With CNBC's Melissa Lee and the Options Action Traders, Carter Worth, Mike Khouw and Tony Zhang. Full Article
ses Chinese TV star Jin Xing discusses gender reassignment By www.cnbc.com Published On :: Thu, 07 May 2020 09:54:48 GMT Dancer and TV star Jin Xing talks to CNBC's Tania Bryer after she was presented with a Crystal Award at the 2020 World Economic Forum. Full Article
ses Sweden, UK and three other European nations are not seeing a drop in coronavirus cases, EU agency says By www.cnbc.com Published On :: Tue, 05 May 2020 16:19:15 GMT The European Union's agency for disease control has said that the U.K. is among five countries in the region that are still not seeing a decline in new coronavirus cases. Full Article
ses German court ruling on ECB purchases is 'laughable,' Societe Generale chair says By www.cnbc.com Published On :: Fri, 08 May 2020 10:27:08 GMT Germany's constitutional court threatened to block fresh purchases of German bonds through the European Central Bank's program. Full Article