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Bill Ackman looks to find another winner in restaurants, where his track record is perfect

Pershing Square made six previous investments in this industry and has never lost money on any of them.




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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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Alphabet's trillion-dollar mark won't be the end of the near-term gains in stock, according to history

Alphabet hit a $1 trillion market valuation, an elite status only Apple, Microsoft and Amazon previously touched. Gains for the Google parent are not about to stop, history says.




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Here's why recent surge in S&P 500 couldn't last, according to market history

The S&P 500 surged 12% last week, but the market has been up and down since. That is not a surprise based on recent crisis-era trading history for both the S&P and Dow Jones Industrial Average.




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Mark Cuban, Leonardo DiCaprio, and ARod go 'all in' to fight hunger caused by coronavirus

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.




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Investors are betting two of the hardest hit groups — energy and airlines — have bottomed

The last few weeks have seen many unusual flows into exchange-traded funds that offer an insight into the market recovery.




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Cramer explains why GE's board really booted former CEO John Flannery

Jim Cramer argues that the former General Electric CEO wasn't removed because of the speed of his turnaround.




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The Path Forward: CNBC helps small business and investors

Guiding small businesses through reopening after they've been shuttered for weeks by the coronavirus pandemic. Pantegrion Capital's Alicia Syrett, which invests in dozens of businesses, offers small business owners advice. Josh Brown, Ritholtz Wealth Management, and Nina O'Neil of Archer Investment Management offer advice for investors looking to hold on to recent gains. With CNBC's Sharon Epperson.




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New York Times expects ad revenue to plummet 50% in Q2, but broke its record for net new subscriptions in a quarter

The New York Times Company said it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for advertisers. But the media company, which gets two-thirds of its revenue from subscriptions, said it added more than half a million net new digital subscriptions.




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Homebound parents bought board games, not Barbies, crippling Mattel's sales in the first quarter

Consumers stocked up on board games, not Barbie dolls, amid the coronavirus pandemic, sending Mattel's sales in the first quarter tumbling.




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Expecting to see earnings trough in the third quarter, Siemens CEO says

Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the company's earnings.




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Picking the best credit card for you

CNBC's Landon Dowdy highlights four guidelines to help you pick the best credit card.




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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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Egypt has been 'pushing forward' structural reforms amid virus crisis, says minister

Egypt has been implementing structural reforms in an "expedited fashion" and widening social safety nets to people who are vulnerable in light of the coronavirus outbreak, says Rania Al-Mashat, Egypt's minister of international cooperation.




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Op-ed: Investors will reward companies that take care of others in the coronavirus pandemic

Acts of charity, compassion, and creative generosity may resonate with investors increasingly drawn to socially responsible investing.




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Dow rises more than 400 points despite record job losses, posts first weekly gain in three

Stocks rose even after the ugliest monthly jobs report ever as investors bet the worst of the coronavirus and its economic impact has passed.




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Trader lays out how to play Activision Blizzard ahead of earnings

Tony Zhang on a bearish Activision trade. With CNBC's Melissa Lee and the Options Action Traders, Carter Worth and Mike Khouw.




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The 'Chinese Oprah' on her rise to TV stardom

At its height, Jin Xing's talk show was attractbring audiences of 100 million people a week. Here she reveals the secret behind her phenomenal success.




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EU still working on coronavirus stimulus as economy shrinks at record rate

Market players want to know how much the European Union will provide in additional coronavirus stimulus, but the institution in charge of developing it says it's still under negotiation.




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Trump's hostility toward a digital tax could unite Europe to implement one, lawmaker says

Disagreements with U.S. President Donald Trump could drive Europe to step up levies on companies like Google and Facebook, a lawmaker told CNBC.




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Virtual banking will help banks like Standard Chartered cut costs: Fund manager

Virtual banks may compete with traditional banks, but they also help lenders like Standard Chartered cut costs, says Paul Pong of Pegasus Fund Managers.




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'It's a new planet overnight': New York City businesses hit hard by coronavirus pandemic

New York City businesses are struggling to make money and retain workers as the coronavirus continues to inflict economic pain.




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Richard Trumka: If people don't feel safe, they won't return to work

Richard Trumka, President of the AFL-CIO, joins "Closing Bell" to discuss reopening the economy.




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New client best interest rule raises standards but 'muddies the water' on advisor, broker differences

Regulation Best Interest (Reg BI), the new rules passed by the SEC in September, may have raised the standard of care required of brokers making investment recommendations to their clients, but it didn't clear up the confusion about the differences between registered investment advisors and brokers.




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How financial advisors can strive for a higher standard when recommending life insurance

Insurance is an essential part of a comprehensive financial plan, but fee-only advisors have blanched at using commission-based products to solve a problem. Here's how to curtail those conflicts of interest.




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It may get harder for consumers to tell how some financial advisors get paid

The CFP Board, which oversees standards for 86,000 certified financial planners in the U.S., removed the ability for consumers to search for an advisor based on how they're paid.




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Co-CEO of footwear company Allbirds on decision to return PPP loan

Footwear company Allbirds announced this week it has returned its Paycheck Protection Program small business loan. Joey Zwillinger, Allbirds co-founder and co-CEO, joins "Squawk Box" to discuss.




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Harare's heroine: how Esther Zinyoro made her home a maternity ward

As a doctors’ and nurses’ strike paralyses Zimbabwe’s health system, one woman has delivered 100 babies in her flat

•Photographs by Cynthia R Matonhodze

Six expectant mothers groan through their labour pains in the lounge of a tiny two-roomed apartment in Mbare, Zimbabwe’s oldest township.

Sweating and visibly in pain, a heavily pregnant woman peeps through the window to catch a breath while others lie on the floor.

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I’m home for Christmas – but hardship has sucked the spirit out of Zimbabwe

After years in exile, my hopes for a joyous family reunion were dashed by the country’s miserable economic situation

My brothers and I leapt out of bed at the first glimmer of dawn on Christmas morning – and there they were. Every Christmas of my childhood that I can remember, the shiny black school shoes were neatly lined up by the door. A new pair for all of us. Then came the new clothes proudly presented by my parents – the fruit of long hours of labour. And then, in our new finery, off we went to church. The long sunny hours of Christmas Day, usually with a brief but refreshing afternoon thunderstorm, were spent at huge family gatherings, feasting on chicken and rice, washed down with an array of brightly-coloured soft drinks – cherry plum, cream soda and Fanta orange.

As the years went by and independence came to Zimbabwe, many things changed. But Christmas traditions remained much the same, with big gatherings to which people travelled many miles, new clothes, lots to eat and drink.

When I arrived in mid-December, the tales of hardship were heart-breaking. There’d be no gifts for children this year.

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Zimbabwe urged to prioritise children as record poverty causes food shortages

Researchers sound the alarm after statistics reveal almost half of impoverished children in rural areas do not have enough to eat

Poverty has reached unprecedented levels in Zimbabwe, with more than 70% of Zimbabwean children in rural areas living in poverty, a UN study has found.

The report, compiled by Unicef and the Zimbabwe National Statistics Agency, shows high levels of privation in rural areas, where 76.3% of children live in abject poverty. Statistics seen by the Guardian suggest that almost half of these children do not have enough of the right food to eat.

Related: Zimbabwe on verge of 'manmade starvation', warns UN envoy

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Coronavirus border closures strand tens of thousands of people across Africa

Migrants trapped in dangerous conditions at frontiers, ports and transit camps

Tens of thousands of migrants are trapped in dangerous conditions at frontiers, mines, ports and in transit camps across Africa after states shut their borders in an attempt to stem the spread of Covid-19.

Some have been abandoned by smugglers unable to take them further on their journeys to Europe or elsewhere. Others were returning home or moving across the continent in search of work when frontiers were closed in March.

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Support small businesses with gift cards – but know the risks

Purchasing gift cards are a way to support struggling small businesses. But if they don't make it out of the pandemic, you will be out of pocket.




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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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'There is no future': the refugees who became pawns in Erdoğan’s game

First the asylum seekers were used to further Turkey’s regional ambitions, now they are made to suffer in quarantine camps

At the beginning of March, thousands of refugees gathered in the shadow of the Pazarkule border gate in Turkey after President Recep Tayyip Erdoğan said he would “open the gate” to Europe.

The move was a reaction to the killing of 33 Turkish soldiers in Idlib province on 28 February and designed to exert pressure on the EU and Nato to support its military operation in northern Syria.

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As eurozone records 3.8% slump ECB chief warns of worse to come

Christine Lagarde says there could be a 15% collapse after record first quarter output fall

The head of the European Central Bank has warned that the eurozone could be on course for a 15% collapse in output in the second quarter as evidence of the economic toll caused by Covid-19 pandemic started to emerge, with France and Italy falling into recession.

After news that the 19-nation monetary union area had contracted a record 3.8% in the first three months of 2020, Christine Lagarde said much worse was possible in the April to June period, when the impact of lockdown restrictions would be most severe.

Related: Eurozone shrinking as Covid-19 lockdowns push Italy and France into recession - business live

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Ex-French president Valéry Giscard d’Estaing accused of sexual harassment

German journalist alleges VGE repeatedly touched her bottom during interview

The former French president Valéry Giscard d’Estaing has been accused of sexual harassment in a legal complaint lodged by a German journalist.

Ann-Kathrin Stracke claims VGE, as he is known, repeatedly touched her bottom during an interview at his office on Boulevard Saint-Germain, in Paris, at the end of 2018. She lodged a complaint on 10 March with the Paris public prosecutor’s office.

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Pentagon ordered to halt work on $10bn 'war cloud' project after Amazon protest

Amazon requested the injunction after alleging that bias from Donald Trump caused the contract to be awarded to Microsoft

A federal court has ordered a temporary halt in Microsoft’s work on a $10bn military cloud contract that Amazon was initially expected to win. Amazon sued in December to revisit that decision, alleging that Donald Trump’s bias against the company hurt its chances to win the project.

Amazon requested the court injunction last month. The documents requesting the block and the judge’s decision to issue the temporary injunction are sealed by the court.

Related: From books to bullets: inside Amazon's push to 'defend' America

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For all the brave words, Jupiter's move is essentially defensive | Patrick Collinson

The UK’s fund management industry is losing the war against index tracking

What’s gone wrong with Britain’s fund management industry? Over the past year share prices have soared globally, which usually translates into boom times for asset managers, whose income is based on a percentage cut from the total amount of money under management. Yet the UK’s industry is beset with scandals and sliding fortunes among some of the once most-revered names.

Jupiter is attempting to arrest its decline with a £370m takeover of Merian (once Old Mutual’s investment arm), creating a £65bn group that boss and serial deal maker Andrew Formica promises investors will be “highly earnings accretive”.

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Covid-19 could cause permanent shift towards home working

Tech firms will benefit, but some companies could find employees don’t want to return to the office

Covid-19 could permanently shift working patterns as companies forced to embrace remote working by the pandemic find that their employees do not want to return to the office once the closures are lifted.

The sudden increase in working from home is presenting problems as well as opportunities: on the one hand, startups such as Slack and Zoom and established giants including Google and Microsoft are offering their tools for free, in the hope that people who start using them in a crisis may carry on once normality returns.

Related: The art of Skype set-dressing: how to video-call the office when in quarantine | Imogen West-Knights

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How to build a gaming PC for 2020, part two: choosing a mouse, keyboard and monitor

You’ve bought the perfect PC – now you need to complete your setup to get the best from your games. Here are our suggestions

When you’re buying a new gaming PC from scratch, the machine itself is only part of the picture. To get the very best out of the most demanding modern games, you’ll need the rest of your setup to be working hard too – especially if you ever want to win at Call of Duty: Warzone.

Here then, are our picks for the best gaming monitors, keyboards and mice. Helping me to make the selection are Alan Dexter, senior hardware editor at PC Gamer, Chris Wilson, design director at Cardboard Sword, Al Bickham, communications manager at Creative Assembly, and Nic Claassen, head of product business at Acer UK.

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It will take five years for the US to return to the economy of 2019: Harvard's Ken Rogoff

Ken Rogoff, Harvard University professor of public policy and economy, joins 'Power Lunch' to discuss the possibility of negative interest rates.




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Unemployment benefits taxed as ordinary income—How to avoid the tax hit

Even though you may have seen a drop in income this year due to Covid-19, you could face a tax bill next year if you're receiving unemployment benefits. CNBC's Sharon Epperson reports on how to avoid the hit.




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Going to see companies hit cash crunch in third quarter: LaSalle Network CEO

More than 20 million jobs were lost in the month of April. Tom Gimbel, LaSalle Network CEO, and CNBC's Steve Liesman join 'Power Lunch' to discuss the state of U.S. jobs and when a recovery could happen.




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Coronavirus outbreak could put 500K summer restaurants jobs in jeopardy

Restaurants across the U.S. are slated to reopen during the summer season as coronavirus restrictions are lifted. CNBC's Kate Rogers reports on what that could mean for restaurant jobs.




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Large-cap tech and bio-tech companies helping to boost market despite pandemic, says Ed Yardeni

Ed Yardeni, president of Yardeni Research, and David Kelly, J.P. Morgan Asset Management's chief global strategist, join "Squawk on the Street" to discuss the historic April job loss and what it means for markets.




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How this wartime law is giving Trump extraordinary power

Efforts to fight the coronavirus pandemic have been largely bolstered by the usage of a 70-year-old wartime law called the Defense Production Act. Originally signed into law during the Korean War, the DPA affords the President special powers, such as mobilizing companies to produce medical supplies and accelerating the availability of resources to combat the pandemic.




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Harley Willard: ‘Iceland’s a good place just to concentrate on your football’

The winger, who was part of the Guardian’s first Next Generation in 2014, talks about rebuilding his career after being released by Southampton

Harley Willard made one of those sliding-doors decisions that can turn anyone’s life around last December. He had arrived at Heathrow airport, packed and ready for the 14-hour slog back to Phnom Penh, and at that point another season at the Cambodian club Svay Rieng felt like a trade-off he could just about stomach. The football there offered few real prospects but he had enjoyed the lifestyle and, after such an uncertain year and a half since leaving Southampton, surely his happiness was the most important thing.

Related: Next Generation: after five years, how has our first full class of picks fared?

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Zola's wizardry, Giro d'Italia memories and an Ebdon farewell | Classic YouTube

This week’s roundup also features Monica Seles, the Windies and a bust-up between Souness and Dunphy

1) Gianfranco Zola at Chelsea. Zola at Napoli. And more of Zola in Serie A.

Gianfranco Zola making life difficult.

Our #OldSkoolSkillSkool feature on Chelsea TV is not to be missed... https://t.co/LSJmrcH0j2 pic.twitter.com/YbUgB1olE4

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Alan Pardew leaves Den Haag by mutual consent days after relegation reprieve

  • Pardew departs Dutch club after just eight games in charge
  • Assistants Chris Powell and Paul Butler also leave the club

Alan Pardew has left his position as the manager of Eredivisie club Den Haag by mutual consent, days after the Dutch season was cancelled.

Pardew was appointed in December and tasked with saving the club from relegation. The 58-year-old was unable to lead them out of the relegation zone, but the team were reprieved when the season was scrapped because of the coronavirus pandemic.

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Juan Antonio Pizzi: 'Bobby Robson led Barcelona through the hardest era in 20 years'

Former Barcelona player and Chile coach on Camp Nou life, Guardiola and why Sánchez could yet shine for Manchester United

“Most of the time, you fail; there are many more defeats than victories,” Juan Antonio Pizzi says. He is right, even when it comes to his peer group – possibly the most successful coaching class in history – but it is still an unusual reflection for a man who was La Liga’s top scorer and, as a player and manager, won the league in three countries. All the more so when it is a reflection prompted by the time he led Chile to the 2016 Copa América. Minutes after winning the final, Pizzi sat before the press – and started talking about failure.

He laughs now but there was a lesson there. “It’s true: when you take over a team, most of the objectives you set, you fail to meet,” he says. “And however much you try to console yourself with your style, methodology, some improvement, what you want is to win and when you don’t, which is most of the time, disappointment comes. You lose more than you win and your mind is occupied more with defeat than enjoying victory, which is gone very quickly.”

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