all Markets are getting too excited about the oil price rally too soon, analysts warn By www.cnbc.com Published On :: Thu, 07 May 2020 13:19:53 GMT Lack of storage space for crude globally remains a massive problem, and will keep a ceiling on oil prices for the near future. Full Article
all AT&T president says consumer behavior will be fundamentally changed from coronavirus By www.cnbc.com Published On :: Wed, 01 Apr 2020 20:53:12 GMT "We're going to return to a different economic environment. We're going to return to different business models," AT&T President and COO John Stankey told CNBC. Full Article
all 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
all 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
all Luxury retailer Neiman Marcus files for bankruptcy as it struggles with debt and coronavirus fallout By www.cnbc.com Published On :: Thu, 07 May 2020 17:49:40 GMT The luxury department store chain had been struggling with competition from online rivals and dwindling cash before the pandemic. Full Article
all Coronavirus will shrink US home prices by 2-3% nationally, Zillow forecasts, but deeper dive could be in store By www.cnbc.com Published On :: Tue, 05 May 2020 18:00:31 GMT Home prices have only fallen nationally once since the Great Depression, and that was after the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according to Zillow. Full Article
all WeWork's Adam Neumann once said he had a 'beautiful relationship' with SoftBank's Masa Son; now he calls out 'abuse of power' in lawsuit filing By www.cnbc.com Published On :: Wed, 06 May 2020 06:56:01 GMT In the lawsuit, Neumann accuses Softbank of backing out of a key provision of its nearly $10 billion bailout agreed to in October. Neumann was the biggest beneficiary of the deal that would have seen him cash out $970 million worth of his stake in the coworking startup. Full Article
all Consumer confidence in housing falls to lowest level since the subprime crash By www.cnbc.com Published On :: Thu, 07 May 2020 16:17:26 GMT The economic free fall from Covid-19 is taking its toll on what had been strong housing demand just a few months ago. Full Article
all Mall owner Brookfield will spend $5 billion to save retailers By www.cnbc.com Published On :: Thu, 07 May 2020 17:06:25 GMT Property and mall owner Brookfield Asset Management is targeting spending $5 billion to help struggling retailers, as the retail industry reels from the coronavirus pandemic, the company announced Thursday. Full Article
all Over 50% of department stores in malls predicted to close by 2021, real estate services firm says By www.cnbc.com Published On :: Wed, 29 Apr 2020 21:04:05 GMT Department stores still represent about 60% of the anchor space within malls across the U.S. today, according to Green Street Advisors. Full Article
all Republicans stall on next coronavirus relief bill, United Airlines halts $2.25 billion bond offering By www.cnbc.com Published On :: Sat, 09 May 2020 02:01:59 GMT Covid-19 has infected more than 3.8 million people around the world as of Friday, killing at least 269,881 people. Full Article
all Russia's Victory Day celebrations pared back; Spain's daily coronavirus death tolls falls By www.cnbc.com Published On :: Sat, 09 May 2020 13:13:20 GMT Russia marks the 75th anniversary of Soviet victory over Nazi Germany in World War Two on Saturday, but the coronavirus outbreak means that celebrations have been pared back massively. Full Article
all All eyes on Moscow following Crimea vote: Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Angela Stent, author of 'The Limits of Partnership: US-Russian Relations in the Twenty-First Century,' warns that attention will fall on Vladimir Putin as to whether Crimea will join Russia officially. Full Article
all Could US LNG exports actually scare Russia? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT 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. Full Article
all This is the key challenge for China carmakers By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Chinese automakers face the greatest competition from their international rivals, says Janet Lewis, Head of Industrial Research, Asia at Macquarie. Full Article
all World Bank: China's rebalancing act is challenging By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Sri Mulyani Indrawati, COO & Managing Director at the World Bank, says China's attempt to shift its economic model will require many policy adjustments. Full Article
all Wall Street in a 'strange dynamic': Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Robert Pavlik, Chief Market Strategist at Banyan Partners, says recent losses on Wall Street was caused by a myriad of factors, which include more than Chinese weak data and Ukraine tensions. Full Article
all Asian shares up on China's NPC but China stocks fall By www.cnbc.com Published On :: Thu, 24 Apr 2014 00:08:40 GMT Asian stocks were mostly higher Wednesday, boosted by overnight gains on Wall Street and unveiling of China's official 2014 GDP growth target. Full Article
all Many potential pitfalls for UK-US trade deal: Brookings Institution By www.cnbc.com Published On :: Wed, 06 May 2020 02:27:07 GMT The potential trade deal with the U.S. is very important for the U.K, but the negations will probably be challenging and drawn-out due to issues such as agricultural, data flows, and intellectual property, says Joshua Meltzer of the Brookings Institution. Full Article
all We call this decade 'the age of delivery': Domino's CEO By www.cnbc.com Published On :: Wed, 06 May 2020 02:30:49 GMT Don Meij , CEO Of Domino's Pizza Enterprises gives an update on the pizza business during the international pandemic, and how Domino's is keeping up with demand. Full Article
all Why Renaissance Capital is cautious on Kingsoft's 'growth-at-all-costs' model By www.cnbc.com Published On :: Fri, 08 May 2020 02:50:48 GMT While there has been "quite a bit of interest" in Kingsoft Cloud's IPO filing, investors should be cautious about the high-growth tech company operating on negative margins and the generally poor performance of Chinese IPOs, says Kathleen Smith, founding principal of Renaissance Capital. Full Article
all Elon Musk says orders to stay home are 'fascist' in expletive-laced rant during Tesla earnings call By www.cnbc.com Published On :: Thu, 30 Apr 2020 17:11:40 GMT Tesla CEO Elon Musk lashed out at government stay at home orders as "fascist" in an expletive-laced rant on Tesla's Q1 earnings call. Full Article
all Michigan governor to allow state's auto manufacturing plants to reopen next week By www.cnbc.com Published On :: Thu, 07 May 2020 22:32:34 GMT Michigan Gov. Gretchen Whitmer will allow the state's auto manufacturing plants, most of which have been shuttered since March due to the coronavirus pandemic, to reopen beginning Monday. Full Article
all Subway CEO defends franchise owners who applied for coronavirus small business loans By www.cnbc.com Published On :: Wed, 29 Apr 2020 19:10:43 GMT "We literally have 10,700 franchisees in the U.S., and on average they own two restaurants apiece," Subway CEO John Chidsey told CNBC. Full Article
all Ex-TARP watchdog says Washington is to blame for large companies receiving small business loans By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:27:05 GMT "I mean, Congress went out of its way to carve out businesses that have more than 500 employees but are restaurants, chain restaurants," ex-TARP watchdog Neil Barofsky told CNBC. Full Article
all Mark Cuban says a lottery system is the only fair way to grant small business coronavirus loans By www.cnbc.com Published On :: Fri, 01 May 2020 14:28:17 GMT Cuban, who owns parts of many small businesses through "Shark Tank," also said owners should apply to multiple banks to boost their chances of getting relief. Full Article
all Mark Cuban: Texas reopening 'more show than go,' small business needs more help to do it safely By www.cnbc.com Published On :: Fri, 01 May 2020 19:41:31 GMT "There's all these downstream issues that really haven't been addressed yet," the Dallas Mavericks owner and "Shark Tank" investor told CNBC on Friday. Full Article
all A 'discouraged' Terrell Davis almost ditched his first NFL season: 'The only way you really fail is to quit' By www.cnbc.com Published On :: Fri, 01 May 2020 18:24:46 GMT At the start of his Hall of Fame NFL career, Terrell Davis was an unheralded running back competing for a spot with the Denver Broncos. After a discouraging start, Davis considered calling it quits before one play in a preseason game changed the 'entire trajectory of my career.' Full Article
all 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
all Kudlow says third round of PPP small business loans might be needed as demand soars By www.cnbc.com Published On :: Sun, 03 May 2020 14:25:39 GMT The second round of the Paycheck Protection Program launched last Monday and has so far provided over 2 million loans worth over $175 billion out of the total $310 billion Congress authorized in the latest relief package. Full Article
all 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
all Small business confidence crashes, revealing more Main Street carnage may lie ahead By www.cnbc.com Published On :: Tue, 05 May 2020 03:26:40 GMT Main Street confidence hit a record low in the Q2 2020 CNBC Small Business Survey, with the coronavirus causing a majority of entrepreneurs to fear permanent changes, including bankruptcy. Full Article
all 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
all Coronavirus fraud: Two New England men are first to be charged with scamming small business loan program By www.cnbc.com Published On :: Tue, 05 May 2020 21:39:53 GMT The men are charged with fraudulently applying for more than $500,000 in assistance from the new CARES Act Payroll Protection Program, which is designed to help businesses affected by the coronavirus outbreak. Full Article
all Small business loans are not going proportionately to the hardest-hit areas, Fed study shows By www.cnbc.com Published On :: Wed, 06 May 2020 15:58:55 GMT States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a Fed study found. Full Article
all 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
all '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
all Elon Musk interrupts NASA-SpaceX call during question about his coronavirus views: 'Move on' By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:17:27 GMT SpaceX CEO Elon Musk unexpectedly spoke up during a NASA conference call on Thursday Full Article
all Stocks just posted their best month in decades, yet most of Wall Street hates this rally By www.cnbc.com Published On :: Thu, 30 Apr 2020 20:07:18 GMT "History tells us that the odds of another deep decline are very, very high," one strategist said. Full Article
all This pregnant Goldman Sachs trader says Wall Street will never be the same after the coronavirus By www.cnbc.com Published On :: Fri, 01 May 2020 15:18:54 GMT After the coronavirus pandemic forced traders to work from home, Wall Street has gone virtual, leaning on tech platforms like Symphony and Zoom. Full Article
all Emons: The stock rally appears to be driven by three types of economies By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:24:12 GMT Ben Emons of Medley Global Advisors discusses the opportunities investors can find among companies operating in the "new economy", such as tech and healthcare, and those in a "return to normal" environment, such as entertainment, leisure and hospitality. Full Article
all Georgia small business owner: We won't be reopening yet, as it's too early and unsafe By www.cnbc.com Published On :: Mon, 27 Apr 2020 11:01:03 GMT Vince Villavalzo, owner of the Mystic Owl tattoo parlor in the Atlanta metro area, discusses his decision not to reopen his business, even as the state of Georgia attempts to reopen some of its economy. Full Article
all Lesko: The COVID-19 pandemic has basically been a gift to Amazon By www.cnbc.com Published On :: Fri, 01 May 2020 10:27:08 GMT Tim Lesko of Granite Investment Advisors says it's hard to imagine a better backdrop for Amazon, with the surge in online sales during the virus outbreak, and as for Apple, expectations weren't very high for iPhone sales this year, even before the pandemic. Full Article
all UBS' Hodulik: Disney's next quarter is going to be dramatically worse than Q1 By www.cnbc.com Published On :: Wed, 06 May 2020 10:24:16 GMT John Hodulik, telecom analyst at UBS, talks Disney's first-quarter results. Full Article
all Maley: It's going to be tough for the markets to rally much further By www.cnbc.com Published On :: Thu, 07 May 2020 10:10:27 GMT Matt Maley of Miller Tabak discusses how the markets appear to be driven by a small number of stocks, and says narrow markets are usually followed by further declines. Full Article
all Dow falls for the first time in 3 days, drops more than 200 points By www.cnbc.com Published On :: Wed, 06 May 2020 20:11:33 GMT The Dow fell as investors weighed the prospects of reopening the economy along with a dismal payrolls report. Full Article
all Stock market live Wednesday: Tech stocks rise, Dow falls 200, GDP -18%? By www.cnbc.com Published On :: Wed, 06 May 2020 20:36:52 GMT A converstation about the latest market-moving news, including oil's six-day rally and expectations of reopening the economy. Full Article
all Wall Street is too optimistic as economies start reopening, Stephen Roach warns By www.cnbc.com Published On :: Thu, 07 May 2020 09:51:20 GMT One of the world's leading authorities on Asia is worried Wall Street is miscalculating China's efforts to reopen its economy. Full Article
all Lloyd Blankfein says big companies should be 'very reluctant' to tap small business relief program By www.cnbc.com Published On :: Thu, 07 May 2020 19:26:39 GMT Blankfein may be speaking from experience: Goldman took $10 billion from the Treasury's Troubled Asset Relief Program in October 2008. Full Article
all Suze Call: Sarah By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Sarah in California asks Suze if she should sell stock to buy a home now that interest rates are so low. Full Article