sa Millions of 'easy-to-use' coronavirus tests will be available by end of summer, top US health official says By www.cnbc.com Published On :: Thu, 07 May 2020 18:16:18 GMT Americans need coronavirus tests "that do not require hours or days to determine results," the head of the NIH tells Congress. Full Article
sa Before the pandemic, Americans prioritized paying down debt—now experts say you may want to hold off By www.cnbc.com Published On :: Thu, 07 May 2020 16:30:04 GMT Before the coronavirus pandemic shut down many parts of the U.S. and put millions out of work, Americans held an average of $26,621 in personal debt, excluding mortgages. Many prioritized paying that off. But now, those feeling the impacts of the coronavirus may need to think twice about their priorities, financial planners say. Full Article
sa Why Kevin O'Leary would have said no to Tesla on 'Shark Tank' By www.cnbc.com Published On :: Thu, 07 May 2020 19:13:15 GMT Here's why investor Kevin O'Leary would have passed on Elon Musk in the early days. Full Article
sa Facebook's Sheryl Sandberg: Preventing burnout 'needs to be a priority' By www.cnbc.com Published On :: Fri, 08 May 2020 14:05:13 GMT A new survey suggests that women are experiencing physical symptoms of severe anxiety and burnout at up to twice the rate of men amid the Covid-19 pandemic. Here's what Sheryl Sandberg, COO of Facebook and Rachel Thomas, co-founder and CEO of LeanIn.Org, suggest companies do to provide support. Full Article
sa Here's how unemployment benefits are calculated on a $40,000 salary By www.cnbc.com Published On :: Fri, 08 May 2020 16:40:48 GMT Over 30 million Americans lost their jobs in March and April of 2020. And with the economy on hold, securing another steady paycheck may take some time. That's where unemployment insurance benefits can help. The amount of money you get will largely be influenced by your home state. Check with your local labor board for exact details. Watch this video to see a case study of how unemployment benefits are calculated on a $40,000 salary. Full Article
sa Melinda Gates on US response to pandemic caregiving crisis: 'I'm disappointed in what I've been seeing' By www.cnbc.com Published On :: Fri, 08 May 2020 16:59:46 GMT Billionaire philanthropist Melinda Gates shares her thoughts about the U.S. response to coronavirus and why solving the current caregiving crisis is crucial. Full Article
sa Walt Disney's former Palm Springs 'technicolor dream house' on sale for $1 million – take a look inside By www.cnbc.com Published On :: Sat, 09 May 2020 14:00:02 GMT Located in Palm Springs, California, the "technicolor" property was built for Walt Disney and his wife, Lillian, in 1962, according to the listing. Full Article
sa Elon Musk says coronavirus pandemic is 'practice run' for future viruses By www.cnbc.com Published On :: Thu, 07 May 2020 18:04:20 GMT Musk has been a vocal critic of how government and health officials are reacting to the coronavirus pandemic that's killed at least 73,431 people in the United States. Full Article
sa Uber shares shoot up after CEO says ride volume is increasing again after April bottom By www.cnbc.com Published On :: Thu, 07 May 2020 22:15:45 GMT Uber reported first-quarter earnings on Thursday, and while the company lost $2.9 billion during the quarter, the stock rose after hours on optimistic comments from CEO Dara Khosrowshahi. Full Article
sa Uber CEO says drivers should get health-care benefits based on how much they work, and Uber would pay for it By www.cnbc.com Published On :: Fri, 08 May 2020 15:42:48 GMT The suggestion comes as Uber faces mounting pressure to provide health-care and other protections for its workers during the pandemic. Full Article
sa ConocoPhillips CEO says 'we're on the lookout' for acquisitions as oil prices stay under $20 By www.cnbc.com Published On :: Thu, 30 Apr 2020 20:05:53 GMT ConocoPhillip's Ryan Lance said on "Power Lunch" that his company is looking at potential acquisitions as the energy sector struggles with low oil prices. Full Article
sa Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm By www.cnbc.com Published On :: Mon, 04 May 2020 16:25:57 GMT "We must reduce budget expenditures sharply," the Saudi finance minister said over the weekend. "Saudi finances need more discipline and the road ahead is long." Full Article
sa World's largest ethanol producer forced to find a new market — hand sanitizer By www.cnbc.com Published On :: Thu, 07 May 2020 20:11:24 GMT POET, based in Sioux Falls, South Dakota, has re-engineered systems to make pharmaceutical grade hand sanitizer. Full Article
sa NBA and NHL say players can still travel after seasons suspended due to coronavirus By www.cnbc.com Published On :: Mon, 16 Mar 2020 17:31:24 GMT The NHL joined the NBA in allowing its players to travel outside of club cities as the coronavirus continues to halt the sports injdusty. Full Article
sa MLB to offer compensation to minor league players affected by coronavirus work stoppage By www.cnbc.com Published On :: Thu, 19 Mar 2020 21:18:30 GMT Major League Baseball said it will offer financial assistance to minor league players affected by the work stoppage due to the coronavirus pandemic. Full Article
sa 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
sa NBCUniversal's Peacock has a buffer against ad slowdown with launch partners — here's why they signed up By www.cnbc.com Published On :: Tue, 21 Apr 2020 17:57:05 GMT Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend. Full Article
sa 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
sa Nearly a fifth of Wendy's US restaurants are out of beef, analyst says By www.cnbc.com Published On :: Tue, 05 May 2020 14:12:25 GMT Stephens Inc. said its estimate is based on an analysis of online menus for every Wendy's location nationwide. Full Article
sa 'Today's norm to tomorrow's everyday routines,' CVS CEO says the pandemic will change customers' shopping, health-care habits By www.cnbc.com Published On :: Wed, 06 May 2020 22:22:22 GMT The health-care company's chief executive, Larry Merlo, said trends that emerged during the pandemic, such as use of telemedicine and prescription delivery to the home, may continue to be popular. Full Article
sa Target in talks to boost its same-day delivery ambitions by buying pieces of startup Deliv By www.cnbc.com Published On :: Thu, 07 May 2020 16:23:35 GMT The aspect of the technology that interests Target is its ability to pool multiple orders and route them to a similar place, NBC News reports. Full Article
sa Federal watchdog finds top vaccine doctor should be reinstated, lawyers say By www.cnbc.com Published On :: Fri, 08 May 2020 20:15:39 GMT A government watchdog has found that there is evidence that federal scientist Rick Bright was ousted as head of a health agency for his pushback to a controversial coronavirus drug treatment embraced by President Donald Trump, Bright's lawyers said. Full Article
sa 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
sa 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
sa NYC real estate market under pressure as coronavirus pandemic halts sales By www.cnbc.com Published On :: Fri, 08 May 2020 10:54:30 GMT New York City is the nation's largest real estate market, and the pandemic has caused a number of deals to go bust. CNBC's Robert Frank reports. Full Article
sa NFL teams seeing high early ticket demand despite Covid-19, agency SeatGeek says By www.cnbc.com Published On :: Fri, 08 May 2020 17:42:17 GMT The Las Vegas Raiders, Los Angeles Rams and Tampa Bay Buccaneers are among the most in-demand teams, while demand for Patriots tickets is way down, according to ticket volume data provided by SeatGeek. Full Article
sa Department stores had an insane week. Here's everything that happened By www.cnbc.com Published On :: Fri, 08 May 2020 21:08:06 GMT It was another onslaught of bad news from America's department store chains, including bankruptcy filings and store closures, this week. And that likely will not be letting up anytime soon. Full Article
sa Booking Holdings CEO says a coronavirus vaccine is needed to make travelers feel safe again By www.cnbc.com Published On :: Fri, 08 May 2020 22:35:06 GMT Even as economies start to reopen, Booking Holdings CEO Glenn Fogel said the travel industry will take years to recover to pre-coronavirus levels. Full Article
sa Outback parent company Bloomin' Brands doubles down on takeout business after sales triple By www.cnbc.com Published On :: Fri, 08 May 2020 21:51:12 GMT Investing in delivery in recent years, including a rewards program and digital ordering, has paid off for Bloomin' in the long run and will continue to pay off going forward, Deno said. Full Article
sa Pending home sales tank nearly 21% in March, but Realtors claim prices will hold up By www.cnbc.com Published On :: Wed, 29 Apr 2020 14:58:35 GMT Home sales took a deep dive in March as the coronavirus pandemic shut down much of the economy, and homebuyers and sellers pulled out of the normally busy spring market. Full Article
sa 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
sa Powell says the economy will likely need more support from the Fed for the recovery to be 'robust' By www.cnbc.com Published On :: Wed, 29 Apr 2020 19:40:32 GMT Federal Reserve Chairman Jerome Powell said more stimulus is needed to ensure a robust economic recovery from the coronavirus crisis. Full Article
sa Plunge in health-care spending a big reason US economy sank in first quarter By www.cnbc.com Published On :: Wed, 29 Apr 2020 22:44:52 GMT The coronavirus crisis actually caused consumer health-care spending to plunge 18% in Q1. Full Article
sa Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter By www.cnbc.com Published On :: Tue, 05 May 2020 22:07:16 GMT "More policy support will be needed from the Fed and possibly also fiscal policy. It just depends on how this evolves," Clarida told CNBC. Full Article
sa NY Gov. Cuomo says he won't sacrifice human lives to reopen the economy: The argument is 'absurd' By www.cnbc.com Published On :: Thu, 07 May 2020 19:36:43 GMT "This is not a situation where you can go to the American people and say, 'How many lives are you willing to lose to reopen the economy?' We don't want to lose any lives," Cuomo said. Full Article
sa Trump says coronavirus tests are 'overrated,' but he will get tested daily By www.cnbc.com Published On :: Thu, 07 May 2020 22:03:27 GMT The new daily testing policy for the president and the people in his circle comes hours after the White House acknowledged that a personal valet for Trump tested positive for Covid-19. Full Article
sa California identifies nail salons as source of coronavirus community spread, Gov. Newsom says By www.cnbc.com Published On :: Fri, 08 May 2020 15:21:23 GMT Unlike some other states that have announced reopenings, California nail salons won't be allowed to reopen until the state's phase 3. Full Article
sa Moderna CEO says supply of coronavirus vaccine will be limited, US will help decide who gets it first By www.cnbc.com Published On :: Fri, 08 May 2020 16:52:15 GMT "We will all be supply constrained for quite some time, meaning we won't be able to make as many product as will be required to vaccinate everyone on the planet," CEO Stephane Bancel said on CNBC's "Squawk Box." Full Article
sa It's critical we have cheap, rapid at-home testing for Covid-19, but that could take weeks or even months, experts say By www.cnbc.com Published On :: Fri, 08 May 2020 13:59:19 GMT Most experts agree that Covid-19 testing is vital to safely reopen the economy. But getting to scale presents challenges, they say. Full Article
sa New York City partners with Salesforce on coronavirus contact tracing program, mayor says By www.cnbc.com Published On :: Fri, 08 May 2020 17:25:25 GMT Salesforce will deploy a call center as well as a customer relationship and case management system that will help the city track potential cases and isolate people before they become sick, de Blasio said. Full Article
sa Melinda Gates says US coronavirus response is 'chaos,' gives Trump administration a D-minus grade By www.cnbc.com Published On :: Fri, 08 May 2020 16:02:47 GMT Melinda Gates, co-chairman of the Bill & Melinda Gates Foundation, gave President Donald Trump's administration a "D-minus" on its handling of the coronavirus pandemic, criticizing lack of leadership on both national and international levels. Full Article
sa New York investigates coronavirus in children after 5-year-old NYC boy dies from complications, Gov. Cuomo says By www.cnbc.com Published On :: Fri, 08 May 2020 18:11:16 GMT New York is investigating how Covid-19 impacts children after a 5-year-old boy in New York City died due to coronavirus-related complications, Gov. Andrew Cuomo said Friday. Full Article
sa San Diego mayor: Compliance with new beach rules bodes well for state business reopening By www.cnbc.com Published On :: Fri, 08 May 2020 20:07:48 GMT "San Diegans, just like others in California, do not want to give back the tremendous gains that we've made, the sacrifices that we've made over these last six weeks," Mayor Kevin Faulconer said. Full Article
sa Will sanctions be enough to stop Putin? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Adam Ereli, Vice Chairman, Washington D.C. at Mercury, explains why he isn't very optimistic about diplomatic solutions in the Russia-Ukraine standoff. Full Article
sa Sanctions send soft signals to Russia: Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Stephen Yates, CEO at DC International Advisory, says the sanctions that have slapped on Russia have not been hard-hitting at all. Full Article
sa Major sanctions on Russia are 'unlikely': INSEAD By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Antonio Fatas, Professor of Economics at INSEAD, says it is unlikely that the West will impose hard-hitting economic sanctions upon Russia. Full Article
sa Stop focusing on geopolitics of coronavirus with China, says Australian CEO By www.cnbc.com Published On :: Tue, 05 May 2020 04:16:52 GMT Australia has "no benefits at all" from focusing on its coronavirus-related geopolitics with China, one of its major trading and business partners. It should focus instead on people's health and economic recovery, says Mark Allison, CEO and managing director of Elders Limited. Full Article
sa US will focus on China trade deal despite tensions over virus, says strategist By www.cnbc.com Published On :: Tue, 05 May 2020 04:25:48 GMT The United States' prevailing goal will be seeing through its "phase one" trade deal with China despite rising geopolitical tensions over the latter's alleged coronavirus involvements, says Alex Wolf, head of investment strategy for Asia at JPMorgan Private Bank. He unpacks what this means for credit risk assets and hedge funds. Full Article
sa A new 'Cold War' has begun as US-China tensions rise, says former White House official By www.cnbc.com Published On :: Tue, 05 May 2020 05:02:29 GMT A new Cold War is emerging from the ongoing U.S.-China geopolitical tensions, says Clete Willems, an Akin Gump partner and former White House official. He cites the "growing frustration" with China's economic policies and resistance to investigations for its alleged coronavirus involvements. Full Article
sa World risks famines of 'biblical proportions' from pandemic, says UN By www.cnbc.com Published On :: Tue, 05 May 2020 05:20:33 GMT 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. Full Article