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How the Fed's fighting to keep Covid-19 from causing an extended financial crisis

The U.S. Federal Reserve is trying to keep the coronavirus crisis from becoming an extended financial crisis. And the Fed's measures go beyond anything the central bank did during the Great Recession of 2009.




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Why ordering from Amazon has been so unpredictable during the coronavirus crisis

Amazon has been combating coronavirus-related issues on multiple fronts for the past several months.




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AT&T will likely be broken up and will move on from WarnerMedia, analyst Craig Moffett predicts

Craig Moffett said on CNBC's "Squawk Box" that AT&T will eventually separate its telecom business from its media business.




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Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.




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Wall Street traders adapt to working from home as business booms

Trading firms had two main concerns about traders working from home: Would the technology work and would traders be able to effectively interact with each other and their clients. So far, traders are adapting.




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Macy's is the first of what could be a retail and energy purge from the S&P 500

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.




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'Frozen' companies are not calling Berkshire Hathaway for rescue investments, Charlie Munger says

Berkshire's phone has not been ringing with executives asking for rescue capital amid the coronavirus outbreak, Charlie Munger told The Wall Street Journal.




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Here's what to expect from Warren Buffett during Berkshire Hathaway's first virtual annual meeting

Berkshire's cash pile has left investors wondering whether Warren Buffett has found some attractive investments after the market's record plunge.




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The S&P 500 ekes out a small gain to start the week, supported by strength from big tech

Stocks rose slightly on Monday to start the week, as the advance in the biggest U.S. technology shares lifted the market higher.




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Buffett on coronavirus, airlines and more: Watch the 5 best moments from the Berkshire meeting

Berkshire Hathaway's 2020 annual shareholder meeting, the "Woodstock for Capitalists," was hosted virtually for the first time ever.




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Buffett cautions on 'extreme consequences' from the Fed's recent moves

Buffett praised the Fed for its actions to blunt the effects of the coronavirus but said he worries about the repercussions.




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Crude gets crushed after Saudis signal faster comeback from attacks

The crude crush continues after yesterday's surge. With CNBC's Seema Mody and the Futures Now traders, Brian Stutland from the CME and Anthony Grisanti at the NYMEX.




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Apple now has $192.8 billion in cash on hand, down from last quarter

Apple has continuously hosted one of the largest cash piles among U.S. companies, but is facing pressure from the Covid-19 pandemic.




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The businesses that made Disney a juggernaut are suddenly hurting, distracting from its streaming success

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.




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Disney reports 58% drop in operating income from parks and cruises, its worst-hit segment

This is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman.




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General Motors ekes out $294 million profit in the first quarter despite crippling production and sales from coronavirus

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.




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Working to ensure we emerge stronger from coronavirus crisis, Solvay CEO says

Ilham Kadri, CEO of Solvay, discusses the chemicals company's first-quarter earnings.




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Expecting recovery from coronavirus to be L-shaped, strategist says

Stephen Isaacs, chairman of the investment committee at Alvine Capital Management, discusses the market recovery from the coronavirus crisis.




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Long-term economic scarring should justify further easing from Bank of England, economist says

Fabrice Montagne, chief U.K. economist at Barclays, discusses the U.K. economy.




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'Buyer beware' at this point — it's going to be a grind from here, strategist warns

Hani Redha, multi-asset portfolio manager at PineBridge Investments, discusses investing amid the coronavirus crisis.




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New tech expected from Apple

CNBC's Morgan Brennan and Piper Jaffray Senior Research Analyst Gene Munster discuss Apple's next possible moves following expectations of an online television service from tech giant.




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US oil needs more explicit support from policymakers: Standard Chartered

Eric Robertsen from Standard Chartered says it is hard to imagine oil and energy demand improving, so the U.S. shale industry needs explicit policy support to get back on track.




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HSBC results were unsurprising given economic fallout from coronavirus, says analyst

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.




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Earnings will get a massive hit this year from the coronavirus hit: Portfolio Manager

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.




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Analyst expects low demand for soft commodities to continue from virus outbreak

Global demand on soft commodities has taken a huge hit with the pandemic shutting down food industries across countries, in addition to rising trade tensions between the U.S. and China. Oscar Tjakra from Rabobank gives his market outlook on the back of these issues.




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These are the three big things to focus on from OPEC and the G-20 meetings over the next 48 hours

These are the three things to focus on from OPEC and the G-20 meetings over the next 48 hours to discuss global energy markets.




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Op-ed: Recovering from this unprecedented oil crash could take years and may not benefit Saudi or Russian producers

Saudi Arabia and Russia aim to inflict pain on American producers, forcing them to shutter wells and give up the market share.




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Op-ed: Pandemic moves Modern Monetary Theory from the fringes to actual US policy

The total amount of government economic aid in response to the coronavirus downturn is expected to exceed $10 trillion.




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Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.




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Roy Horn of Vegas duo Siegfried & Roy dead at 75 from coronavirus

Roy Horn met Siegfried Fischbacher on a cruise ship.




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Coronavirus live updates: New jobs emerge from the pandemic; Amazon and sellers struggle to adapt

Covid-19 has infected more than 3.8 million people around the world as of Friday, killing at least 269,881 people.




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ETF Spotlight: Energy rebounds from April lows

CNBC's Brian Sullivan reports on changes in the energy sector as demand for gas slowly ticks up.




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Roche CEO says it is 'very likely' people develop immunity after recovering from coronavirus

Roche CEO Severin Schwan said more research is needed to prove people gain immunity from Covid-19 infections.




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BNP Paribas' net profit slides as it warns of three 'major negative impacts' from the coronavirus

BNP Paribas reported a fall in net income for the first quarter on Tuesday, as it warned the coronavirus has had three "major negative impacts" on its balance sheet.




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UK could start lifting coronavirus lockdown measures from Monday, PM says

"We will want, if we possibly can, to get going with some of these measures on Monday," U.K. Prime Minister Johnson told Parliament.




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Green shoots: Wednesday was one of the most positive days for the stock market on many fronts

Stocks are looking past terrible economic news and finding hope in a reopening economy and the idea that drugs may help fight coronavirus.




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Google tells employees they cannot expense food, other perks from home

CNBC's Deirdre Bosa reports that Google has put the brakes on perks for employees working from home.




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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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What financial advisors, investors could expect from a Charles Schwab-TD Ameritrade merger

The custody arena for registered investment advisors is about to get a lot smaller if Charles Schwab acquires TD Ameritrade. Here's what that might mean for services for financial advisors and their clients.




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Clients' health-care spending gets closer look from advisors as costs squeeze budgets

With the average couple shelling out an estimated $285,000 for medical expenses after age 65, some advisors are looking closely at how their clients should best spend their health-care dollars.




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Bernstein's Alexia Howard on what to expect from Beyond Meat's earnings

Alexia Howard, Bernstein analyst, with a Beyond Meat earnings preview. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman.




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From rubbish to rice: the cafe that gives food in exchange for plastic

The Garbage Cafe in Ambikapur, India, is helping to tackle the country’s plastic waste problem – and their novel idea is catching on

On bad days, when his employer made some excuse for not paying him his paltry daily wage, Ram Yadav’s main meal used to be dry chapatis, with salt and raw onion for flavour. Sometimes he just went hungry. For a ragpicker like him, one of the thousands of Indians who make a living bringing in plastic waste for recycling, eating in a cafe or restaurant was the stuff of fairytales.

But last week, Yadav was sitting at a table at the Garbage Cafe in Ambikapur, in the state of Chhattisgarh, over a piping hot meal of dal, aloo gobi, poppadoms and rice. He earned the food in exchange for bringing in 1kg of plastic waste. “The hot meal I get here lasts me all day. And it feels good to sit at a table like everyone else,” he said.

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The US recovery from the pandemic lags way behind Europe – even as states reopen

While countries such as Spain and Italy that are lifting restrictions have forced the trend of infections down, in the US cases are rising

The US may be moving to loosen social distancing restrictions around the same time as several European countries but it remains in a far different, and worse, stage of the coronavirus pandemic.

While infections and deaths from Covid-19 quickly raced to terrifying peaks in Italy and Spain, both countries have managed to arrest the increase and are now forcing the key trends downwards.

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Tony Allen, legendary drummer and Afrobeat co-founder, dies aged 79

Gilles Peterson and Flea of Red Hot Chili Peppers pay tribute to the Fela Kuti collaborator, described by Brian Eno as ‘perhaps the greatest drummer who ever lived’

The Nigerian drummer Tony Allen, who is credited with creating Afrobeat along with his old bandmate Fela Kuti, died suddenly at the age of 79 in Paris on Thursday, his manager said. “We don’t know the exact cause of death,” Eric Trosset said, adding it was not linked to the coronavirus pandemic.

“He was in great shape,” said Trosset. “It was quite sudden. I spoke to him at 1pm then two hours later he was sick and taken to Pompidou hospital, where he died.”

Related: Tony Allen: Afrobeat’s master on Hugh Masekela, Damon Albarn and friction with Fela Kuti

The epic Tony Allen, the greatest drummer on earth has left us. What a wildman with a massive, kind and free heart and the deepest one-of-a-kind groove. Fela Kuti did not invent afrobeat, Fela and Tony birthed it… https://t.co/qXqMAP7QzT

RIP TONY ALLEN. THE GOAT AMONGST GOATS. DO YOUR RESEARCH. LEGENDS NEVER DIE. THE INVENTOR OF RHYTHM #Afrobeat

Merci Tony Allen....https://t.co/Oizisc8wWd

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French hospital discovers Covid-19 case from December

Man found to have had virus a month before government confirmed first cases

A French hospital that retested old samples from pneumonia patients has discovered that it treated a man with the coronavirus as early as 27 December, nearly a month before the French government confirmed its first cases.

Dr Yves Cohen, head of resuscitation at the Avicenne and Jean Verdier hospitals in the northern suburbs of Paris, told BFM TV that scientists had retested samples from 24 patients treated in December and January who tested negative for flu.

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Amazon, Microsoft and Facebook advise employees to work from home

Announcements made following coronavirus guidance from Washington state officials instructing workplaces to allow employees to work remotely

As the coronavirus outbreak continues to spread across Washington state, Amazon, Microsoft and Facebook have advised their Seattle-area employees to work from home for the next few weeks.

Related: Coronavirus: Google leads tech charge to work from home

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From Fortnite to Fifa: 100 great video games to play in lockdown

From being a goose on the loose to controlling whole galaxies, here’s a world of experiences for all the family

The cinemas may be shut, the gig venues closed, but there is one place you can still meet your friends and be entertained without leaving your house: the world of gaming. For many of us, it has been years since we could really justify spending all day in our pyjamas slaying virtual dragons – now that way of life, for some at least, is a little less frowned-upon. But if you’re returning to serious gaming after a few years away, where exactly should you be spending your valuable money and time? Here are no less than 100 highly recommended titles, from family favourites to epic sci-fi sagas – all available on current platforms, be it PC, smartphones or consoles. Whether you want to be moved, terrified, relaxed or intellectually challenged, alone or with pals, we’ve got more than enough here to keep you occupied until you’re out and about again …

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From Australia to the US: when will football start again around the world?

As football prepares to start or resume seasons we look at 17 countries to see how close they are to a return

Clubs and the football federation hope for an August restart with a July training phase to step up for a resumption of the A-League, which was postponed indefinitely on 24 March. Five rounds of games, plus the finals, remain. All games are likely to be played in Sydney without spectators, with Wellington Phoenix to be based in NSW for a two-week quarantine before playing. The National Rugby League has the green light to restart on 28 May, which may lead to fixture clashes at cross-code venues such as Kogarah and Bankwest Stadium.

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Aditya Birla Sun Life Frontline Equity Fund-Growth

Category Equity Scheme - Large Cap Fund
NAV 177.72
Repurchase Price
Sale Price
Date 08-May-2020




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Aditya Birla Sun Life Frontline Equity Fund-Dividend

Category Equity Scheme - Large Cap Fund
NAV 19.42
Repurchase Price
Sale Price
Date 08-May-2020