por

Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet

Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival.




por

Powell says the economy will likely need more support from the Fed for the recovery to be 'robust'

Federal Reserve Chairman Jerome Powell said more stimulus is needed to ensure a robust economic recovery from the coronavirus crisis.




por

April's jobs report showing millions out of work looms large in the week ahead

In the week ahead, the April jobs report is expected to show the highest unemployment since 1939.




por

Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter

"More policy support will be needed from the Fed and possibly also fiscal policy. It just depends on how this evolves," Clarida told CNBC.




por

US private payrolls drop by 20.2 million in April, the worst job loss in the history of ADP report

Private payrolls hemorrhaged more than 20 million jobs in April as companies sliced workers amid a shutdown that took most of the U.S. economy offline, according to a report Wednesday from ADP.




por

Spain reports uptick in daily coronavirus deaths; Australia plans reopening in 3 stages

Spain saw 229 new deaths related to Covid-19, up from 213 the day before.




por

Trump shrugs off the brutal jobs report, focuses more on Michael Flynn case

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.




por

Could US LNG exports actually scare Russia?

Myron Brilliant, Executive VP & Head of International Affairs at the U.S. Chamber of Commerce, explains how increased U.S. LNG exports could impact Russia's standoff with Ukraine.




por

World risks famines of 'biblical proportions' from pandemic, says UN

As many as 260 million people risk being on the brink of starvation as economies deteriorate and supply chains break down worldwide due to the coronavirus pandemic, says David Beasley, the United Nations World Food Programme's executive director.




por

Singapore aims for sustainable measures in 'long fight' against the coronavirus: Minister

Singapore needs sustainable measures in its "prolonged battle" against the coronavirus, so that the country can ease out of its "circuit breaker" period to resume normal activities safely, says Lawrence Wong, second minister for finance, minister for national development and co-chair of the multi-ministry taskforce on Covid-19.




por

Singapore minister says safeguards in migrant dormitories 'not sufficient' during coronavirus outbreak

Singapore learned from the coronavirus pandemic that its migrant workers' dormitories need redesigning to prevent future outbreaks, says Lawrence Wong, second minister for finance, who is also co-chair of the country's Covid-19 task force.




por

Singapore is not yet halfway through its coronavirus outbreak, says minister

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.




por

Medical supplies provided a boost for Chinese exports: Economist

Jian Chang of Barclays Asia Pacific says medical supplies are a key factor driving the increase in China's export numbers. Jian Chang also explores the worsening U.S.-China relationship in recent weeks amid the coronavirus crisis, with the trade agreement being a key focal point.




por

Tesla reportedly halts car production at Chinese factory

It's unclear why Tesla halted its operations at the plant that's normally operated six days a week. But the move means that Tesla isn't making any cars worldwide.




por

Small business loans are not going proportionately to the hardest-hit areas, Fed study shows

States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a Fed study found.




por

Liu: For everyday investors, it's important to focus on the light at the end of the tunnel

James Liu of Clearnomics discusses whether the markets are pricing in a quicker economic recovery than some of the most-dire estimates, and jumping on any positive news it can get.




por

Campbell: Odds of some type of government support for oil industry are rising

Chris Campbell of Duff & Phelps discusses the likelihood of a bipartisan deal to support the U.S. oil and gas industry, which has been battered by the demand destruction caused by the coronavirus.




por

Fed's James Bullard says the jobs report on Friday will be one of the worst ever

Bullard's comments came minutes before ADP reported that private payrolls shed more than 20 million jobs in April amid coronavirus shutdowns.




por

Jim Cramer reacts to AMD, Starbucks, Boeing, GE and Alphabet earnings reports

The "Mad Money" host offered his thoughts on each companies' latest quarterly results and recommended multiple stocks for buys.




por

Porsche unveils 2017 911 Turbo

Detlev Von Platen, Porsche Cars North America talks to CNBC's Phil LeBeau about the luxury automaker's newest sports model.




por

Penn National's investment in Barstool Sports is 'going to be worth a ton,' Ron Baron says

Billionaire investor Ron Baron told CNBC's "Squawk Box" why he thinks Penn National's investment in Barstool Sports will be a success.




por

Fed surprises market with program to support corporate bonds amid coronavirus pandemic

Under a program called the Secondary Market Corporate Credit Facility, the Federal Reserve will buy corporate bond and exchange traded funds.




por

Warren Buffett's daughter reportedly self-quarantines after potential coronavirus exposure

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.




por

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.




por

Mohamed El-Erian warns the Fed's pledge to support junk bonds could create 'zombie companies'

"My own sense is the Fed went too far in going into the high-yield market," the Allianz economic advisor told CNBC on Monday. "You get people who shouldn't be borrowing raising money."




por

Warren Buffett unloads airline stocks, but trader sees opportunity in three other travel names

Warren Buffett has exited the airlines, but one trader says there could be pockets of opportunity elsewhere in the travel space.




por

Could sports help us heal post-pandemic?

Lee Igel, NYU Tisch Institute for Global Sport, on the role sports could play in helping people get beyond the coronavirus pandemic.




por

'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

Amazon will invest heavily in Covid-19 testing for its employees.




por

Apple reports flat revenue and does not offer guidance because of coronavirus uncertainty

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.




por

Pinterest drops after reporting slowing user growth in first quarter results

Shares of Pinterest fell as much as 9% in after-hours trading on Tuesday after the company reported its first quarter results.




por

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.




por

Wendy's shares jump after company reports US same-store sales picking up as customers return

Wendy's reported that its U.S. same-store sales are rebounding after plunging in March and the first half of April.




por

Lyft shares jump 15% as company reports more riders than last year despite coronavirus

Lyft reports its first-quarter results on Wednesday after the bell.




por

SAS CFO says airline should be granted government support amid pandemic

Torbjorn Wist, CFO of SAS, discusses the airline's position in the coronavirus crisis and its seeking of state aid to support the company through the pandemic.




por

Seeing opportunities in UK-listed companies, strategist says

Dan Kemp, CIO of Morningstar Investment Management EMEA, discusses the U.K. economy.




por

Corporate America takes lead in gay-rights uproar

Gay rights advocates and corporate leaders such as Apple's Tim Cook and Wal-Mart's Doug McMillon lead the charge against Arkansas' and Indiana's religious freedom laws.




por

Reid: Ban this sport before boxing

CNBC's John Harwood asks Harry Reid about his boxing days.




por

Markets have priced in unlimited policy support: Strategist

Mark Jolley of CCB International Securities says the rally in the markets is short-lived as central bank support cannot prevent a decline in first-quarter earnings.




por

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.




por

Analyst looking to build portfolios that will 'last the next decade'

BNP Paribas Asset Management's Paul Sandhu discusses his 2020 equity strategy and finding opportunity amidst the current volatility in markets.




por

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.




por

Lower interest rates are the biggest headwind this year, says CEO of Singapore's largest bank

The Federal Reserve's "big cuts" to its policy rates will eventually lead to lower interest rates in Singapore, says Piyush Gupta, chief executive of DBS Group Holdings.




por

China's May, June exports could be weaker due to lockdowns in other countries: Credit Suisse

China's exports could weaken in May, possibly also in June, as some of its largest export markets in the West have been under lockdown due to the pandemic, says Ray Farris, Credit Suisse's chief investment officer for South Asia.




por

Stock markets are supported by 'liquidity and hope,' says Fitch Solutions

Central banks around the world have injected huge amounts of money in the economy, while investors are hoping that lockdown measures can be eased quickly and smoothly without further outbreaks of the coronavirus, says Cedric Chehab of Fitch Solutions.




por

Op-ed: Corporate leadership means putting lives first

Health experts should be driving the timeline while corporate America and government work together to get the economy through this pandemic.




por

Coronavirus-earnings season: What to expect as companies begin to report Tuesday

Companies in every sector face challenges giving forward-looking guidance in a pandemic that remains unpredictable.




por

Op-ed: Here's how sports can return and help America heal

Even if we can't have the kind of live sports we had before the virus, there are several things teams and leagues can do better prepare to reopen, write Richard Florida, Lee Igel, Art Caplan and Patrick Adler.




por

Media companies expect a tough quarter for TV advertising, with no live sports and spending delayed

In recent days, companies including ABC and ESPN parent Disney, Fox Corp., AMC Networks, NBCUniversal parent Comcast, ViacomCBS and Discovery reported earnings that showed how TV is trending as advertisers are pulling spend or postponing campaigns until later in the year.




por

Chinese tech giant Tencent reportedly surveilled foreign users of WeChat to help censorship at home

Chinese internet giant Tencent has been surveilling content posted by foreign users on its wildly popular messaging service WeChat in order to help it refine censorship on its platform at home, according to a new report.




por

Britain could quarantine incoming travelers for 14 days, report suggests

Britain is to introduce a 14-day quarantine period for almost everyone arriving into the country to avoid a second peak of the coronavirus pandemic, The Times newspaper reported on Saturday.