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CNBC Business
May 28, 2020

Coronavirus live updates: Popeyes sales soar more than 40%; Delta Air Lines races to cut costs
The coronavirus has infected more than 5.71 million people around the world as of Thursday, killing at least 356,124 people.

CNBC Business
May 28, 2020

Trump calls 100,000 U.S. coronavirus death toll 'very sad milestone' on Twitter
The United States accounts for more than 28% of Covid-19 deaths worldwide. President Donald Trump in January played down the risk of coronavirus in the country.

CNBC Business
May 28, 2020

Rise of remote working is 'biggest threat to oil demand,' says analyst
With more and more people slated to work from home, there could be big implications for oil demand.

CNBC Business
May 28, 2020

Popeyes U.S. same-store sales soar more than 40%
Restaurant Brands International said Thursday that Popeyes' U.S. same-store sales have soared more than 40%, as of the third full week of May.

CNBC Business
May 28, 2020

GM, Ford turn to fast-payment programs to aid suppliers hit by shutdowns
General Motors and Ford Motor are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the coronavirus pandemic.

CNBC Business
May 28, 2020

Delta offers employees buyouts, early retirement as coronavirus hurts travel demand
Delta Air Lines is offering its staff buyouts and early retirement packages as the coronavirus pandemic sends airlines scrambling to cut costs.

CNBC Business
May 28, 2020

As Las Vegas casinos prepare to reopen, Dr. Scott Gottlieb says they're high risk for coronavirus spread
Las Vegas Mayor Carolyn Goodman made headlines about a month ago when she offered to reopen nonessential businesses like casinos in the city, adding that Las Vegas was caught in "a unique economic crisis."

CNBC Business
May 28, 2020

NBA star Giannis Antetokounmpo lands ownership stake in sports drink start-up Ready Nutrition
The Milwaukee Bucks star joins Los Angeles Rams star, Aaron Donald, as the only investors in the Pennsylvania-based company.

CNBC Business
May 28, 2020

Too soon for data, California reopens more businesses
Gov. Gavin Newsom has crafted himself as a data-driven governor, letting the facts dictate what has been a largely cautious approach to public safety amid the pandemic. Now some California health officials are wondering if that's still the case.

CNBC Business
May 28, 2020

Coronavirus live updates: Global tourism could fall 70%; EU official says more stimulus needed soon
The coronavirus has infected more than 5.71 million people around the world as of Thursday, killing at least 356,124 people.

CNBC Business
May 28, 2020

5 things to know before the stock market opens Thursday
Dow futures rise again Thursday after weekly government data pushed coronavirus-driven jobless claims to over 40 million.

CNBC Business
May 28, 2020

Abercrombie & Fitch sales fall 34%, with stores forced shut during coronavirus pandemic; shares fall
Abercrombie & Fitch said its sales tanked 34% during the first quarter as its stores were forced shut during the coronavirus pandemic.

CNBC Business
May 28, 2020

Sweden's economic sentiment ticks up; SAS airlines looks for more funding
The coronavirus has infected more than 5,710,393 people around the world as of Thursday, killing at least 356,042 people.

CNBC Business
May 28, 2020

Coronavirus live updates: Sweden's economic sentiment ticks up; SAS airlines looks for more funding
The coronavirus has infected more than 5,710,393 people around the world as of Thursday, killing at least 356,042 people.

CNBC Business
May 28, 2020

EasyJet to cut workforce by 30% as coronavirus pandemic weighs
EasyJet, which plans to resume flights on June 15, is the latest in a slew of airlines to announce job cuts amid the Covid-19 crisis.

CNBC Business
May 28, 2020

Beijing approves national security proposal for Hong Kong. Here's what we know so far
The law is aimed at prohibiting secession, subversion of state power, terrorism activities and foreign interference.

CNBC Business
May 27, 2020

American Airlines plans 30% reduction of management, administrative staff
American Airlines is planning to reduce its mangagement and support staff jobs by 30% as it scrambles to cut costs because of the coronavirus.

CNBC Business
May 27, 2020

HP CEO commits to company's buyback program, says stock is 'undervalued'
"[W]e are going to stay committed to the principles that we shared in the value plan," HP CEO

CNBC Business
May 27, 2020

More than 80% of coronavirus patients on a cruise ship did not have any symptoms, new study says
The researchers' findings come from observations aboard a 21-day expedition cruise to the Antarctic.

CNBC Business
May 27, 2020

Cramer's lightning round: Waste Management is a buy
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

CNBC Business
May 27, 2020

'I think they're confused' — Jim Cramer says bull investors have one thing wrong about the economy
"I'm betting the field will be spread out by the time we get to the homestretch, and many of the current winners will fall behind," the "Mad Money" host said.

CNBC Business
May 27, 2020

Boeing resumes production of beleaguered 737 Max planes
Boeing has resumed production of its beleaguered 737 Max, which remains grounded since March 2019 after two deadly crashes.

CNBC Business
May 27, 2020

Coronavirus live updates: California says guidelines for reopening gyms coming soon, Bezos defends safety record
The coronavirus has infected more than 5,609,079 people around the world as of Wednesday, killing at least 350,876 people.

CNBC Business
May 27, 2020

U.S. coronavirus death toll rises above 100,000 in world's deadliest outbreak
Around 5.5 million people have contracted the coronavirus across the globe, with the U.S. accounting for roughly 30% of total cases.

CNBC Business
May 27, 2020

As U.S. coronavirus deaths cross 100,000, black Americans bear disproportionate share of fatalities
Black Americans continue to make up a disproportionate share of Covid-19 fatalities as the number of deaths from the coronavirus pandemic exceeds 100,000 in the U.S., according to an analysis of data from the CDC.

CNBC Business
May 27, 2020

Gun owners want new hearing in Remington rifle settlement after new reports of malfunctions
Lewis Frost, a deputy sheriff in Louisiana who owns three Model 700s, and Richard Denney, an Oklahoma attorney who also owns three 700s, are asking the federal judge to consider reopening the case in light of CNBC's reporting.

CNBC Business
May 27, 2020

Quest Diagnostics hopes to nearly double daily coronavirus testing capacity by end of June, CEO says
Quest Diagnostics also announced a set of new testing and screening services for employers as more U.S. workers return to the job.

CNBC Business
May 27, 2020

SpaceX crew launch Wednesday: Launch is postponed, NASA to try again Saturday
SpaceX decided to postpone its Demo-2 launch as unfavorable weather conditions in the region posed risks to the equipment and crew.

CNBC Business
May 27, 2020

SpaceX and NASA postpone historic astronaut launch due to bad weather
With about 17 minutes to go, SpaceX delayed its historic Demo-2 launch of NASA astronauts due to severe weather.

CNBC Business
May 27, 2020

Watch Healthy Returns: The path forward with IAVI CEO Dr. Mark Feinberg
Can Ebola vaccine technology be used to combat Covid-19? Meg Tirrell interviews Dr. Mark Feinberg about IAVI's research and partnership with Merck.

CNBC Business
May 27, 2020

SpaceX crew launch live updates: Launch is postponed, NASA to try again Saturday
SpaceX decided to postpone its Demo-2 launch as unfavorable weather conditions in the region posed risks to the equipment and crew.

CNBC Business
May 27, 2020

Millionaires bet that stocks will take at least another year to recover
A majority of millionaires surveyed by CNBC and Spectrem said the S&P 500 will end the year down, according to the survey,

CNBC Business
May 27, 2020

Watch live: Scene from the launchpad as SpaceX mission with NASA astronauts is scrubbed
Watch the livestream of SpaceX launching NASA astronauts for the first time on Wednesday.

CNBC Business
May 27, 2020

American Airlines to allow travelers to switch from crowded flights as coronavirus fears linger
American Airlines is starting to alert travelers about crowded planes and allow them to switch to other flights in an effort to calm nervous travelers.

CNBC Business
May 27, 2020

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CNBC Business
May 27, 2020

Cuomo tells Republicans to 'stop abusing' states like New York and New Jersey hit hardest by coronavirus
New York Gov. Andrew Cuomo told Republican lawmakers on Wednesday to "stop abusing" states like New York, New Jersey and California that are in need of federal aid because of Covid-19.

CNBC Business
May 27, 2020

SpaceX crew launch live updates: President Trump flies by launchpad, weather a concern for liftoff
SpaceX is moving ahead with its Demo-2 crewed launch on Wednesday, even as stormy weather threatens to postpone the mission

CNBC Business
May 27, 2020

WHO says there's 'no empirical evidence' Trump-touted hydroxychloroquine helps treat or prevent coronavirus
"There is no empirical evidence at this point that these drugs work in this case either for treatment or for prophylaxis," said Mike Ryan, executive director of the WHO's emergencies program.

CNBC Business
May 27, 2020

Op-Ed: Our city can show the rest of America how to bounce back from Covid-19
Newark's recent rise can provide lessons on how cities can rebuild from the devastation of the coronavirus pandemic: Lata N. Reddy, Mayor Ras J. Baraka and Michael B. Jordan.

CNBC Business
May 27, 2020

Coronavirus live updates: Fauci warns of 'leapfrogging' reopening guidelines, WHO says re-infection risk still unclear
The coronavirus has infected more than 5,609,079 people around the world as of Wednesday, killing at least 350,876 people.

CNBC Business
May 27, 2020

Coronavirus pandemic forces the funeral industry online
New research by The Foresight Companies reveals that online price transparency and live-streaming of funeral services may be the norm going forward, even as the country begins to open up.

CNBC Business
May 27, 2020

Restaurant bookings data show U.S. economy is starting to revive after Covid closures
New data on the pace of restaurant reservations show that the national decline in bookings is starting to slow.

CNBC Business
May 27, 2020

WHO says 'jury is still very much out' on whether coronavirus antibodies provide immunity
It remains unclear whether people who have been infected with the coronavirus are at risk of becoming infected again, WHO says.

CNBC Business
May 27, 2020

SpaceX crew launch live updates: Astronauts suiting up, weather may delay liftoff
SpaceX is moving ahead with its Demo-2 crewed launch on Wednesday, even as stormy weather threatens to postpone the mission

CNBC Business
May 27, 2020

Meet the two NASA astronauts launching in SpaceX's first crewed mission
NASA astronauts Bob Behnken and Doug Hurley are about to strap into SpaceX's Crew Dragon capsule.

CNBC Business
May 27, 2020

Coronavirus live updates: Fauci warns of 'leapfrogging' reopening guidelines, Gottlieb says vaccine is a '2021 event'
The coronavirus has infected more than 5,609,079 people around the world as of Wednesday, killing at least 350,876 people.

CNBC Business
May 27, 2020

Tuesday Morning is about to close 130 stores. Here's a map of where they are
The Dallas-headquartered company is seeking court approval to shut at least 132 stores, which it says are either underperforming or are located in areas where another store is closeby.

CNBC Business
May 27, 2020

Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 363,800 people across the state as of Wednesday.

CNBC Business
May 27, 2020

Disney to start reopening its Florida theme parks with Magic Kingdom, Animal Kingdom on July 11
Disney on Wednesday proposed a phased reopening of Walt Disney World's Magic Kingdom and Animal Kingdom on July 11 and Epcot and Hollywood Studios on July 15.

CNBC Business
May 27, 2020

New York City is working on how to reopen bars and restaurants, Mayor de Blasio says
New York City is in the process of figuring out when and how to reopen restaurants and bars safely with public health measures, Mayor Bill de Blasio said Wednesday.

CNBC Business
May 27, 2020

Boeing is laying off more than 6,000 employees this week as coronavirus pandemic hurts demand
Boeing is laying off more than 6,000 employees this week in a bid to cut costs as the coronavirus roils demand for air travel. The company aims to reduce its head count, which numbered more than 160,000 in 2019, by 10%.

CNBC Business
May 27, 2020

Dr. Anthony Fauci says a second wave of coronavirus is 'not inevitable'
"Don't start leapfrogging over the recommendations of some of the guidelines because that's really tempting fate and asking for trouble," Fauci says.

CNBC Business
May 27, 2020

This disaster could wipe out your finances - and few people are preparing for it
Americans' finances have been battered by the coronavirus pandemic, and now a new threat is emerging: hurricane season. Only 15% of people polled by the American Institute of CPAs have drafted a disaster plan to deal with it.

CNBC Business
May 27, 2020

Dr. Scott Gottlieb warns that widespread vaccinations for coronavirus by year-end look unlikely
"I think we'll have to have one more cycle of this virus in the fall, heading into the winter, before we get to a vaccine," the former FDA chief told CNBC on Wednesday.

CNBC Business
May 27, 2020

Top MLB players would lose 80% of their salaries under new coronavirus plan
Major League Baseball says the plan is consistent with economic realities facing league due to the Covid-19 pandemic.

CNBC Business
May 27, 2020

Cramer says the stock market is too optimistic about an economic recovery — 'it's just not going to work like that'
CNBC's Jim Cramer said on "Squawk on the Street" that he saw "quicksand" under recent rallies by some stocks, saying high unemployment and the overall economy do not support the moves.

CNBC Business
May 27, 2020

Coronavirus live updates: Vaccine is a '2021 event,' former FDA chief says, new cases surge in Latin America
The coronavirus has infected more than 5,609,079 people around the world as of Wednesday, killing at least 350,876 people.

CNBC Business
May 27, 2020

New York City is Papa John's fastest-growing market, CEO says
Papa John's CEO Rob Lynch said that New York City is the chain's fastest-growing market.

CNBC Business
May 27, 2020

Discount retailer Tuesday Morning files for bankruptcy protection, to shut 230 stores
Home goods retailer Tuesday Morning filed for Chapter 11 bankruptcy protection and plans to shut a third of its nearly 700 stores.

CNBC Business
May 27, 2020

Coronavirus pandemic leaves Richard Branson fighting for his Virgin empire
Sir Richard Branson has built a global empire and a widely recognized brand through charisma, brains, and sheet guts. But Virgin Group has invested in cruise lines, hotels, and airlines such as Virgin Atlantic, which are all threatened by the coronavirus pandemic.

CNBC Business
May 27, 2020

Coronavirus live updates: Brazil outbreak threatens Bolsonaro; vaccine a '2021 event,' former FDA chief says
The coronavirus has infected more than 5,609,079 people around the world as of Wednesday, killing at least 350,876 people.

CNBC Business
May 27, 2020

5 things to know before the stock market opens Wednesday
Dow futures soar Wednesday as optimism about the reopening of the economy builds.

CNBC Business
May 27, 2020

EU unveils plan to borrow 750 billion euros to aid economic recovery
The European Commission has unveiled plans for a 750 billion euro ($826.5 billion) recovery fund as the region faces the worst economic crisis since the 1930s.

CNBC Business
May 27, 2020

Papa John's sales soared 33.5% in May — a record for 'second straight month,' CEO says
"In May, for the second straight month, Papa John's team members and franchisees delivered the best sales period in the company's history," CEO Rob Lynch said Wednesday.

CNBC Business
May 27, 2020

Brazil's Bolsonaro could soon be toppled, analysts say, as coronavirus cases surge
Brazil has reported more cases over the last week than any other seven-day period since the outbreak began.

CNBC Business
May 27, 2020

No-lockdown Sweden balks at the possibility it could be excluded as Nordics reopen borders
Sweden's Foreign Minister Ann Linde said that the EU had cautioned against discriminating when opening borders.

CNBC Business
May 27, 2020

La dolce vita? Italians embrace their freedom but crowded beaches and nightlife worry officials
The green light to socialize was a breath of fresh air for Italians who have endured more than two months of strict lockdown, but officials are worried about a potential second wave of coronavirus infections.

CNBC Business
May 27, 2020

Five ways the pandemic may change airports for the better
While air travel will be plagued by long lines and passenger frustrations in the near future, airports are scrambling to adopt technology in the longer term that will mean less waiting, walk-through checkpoints and "touchless" experiences.

CNBC Business
May 27, 2020

Walmart strikes deal with secondhand apparel site to ramp up online fashion sales
It's the latest retailer to partner with ThredUp, an e-commerce platform that sells secondhand clothing, shoes and other accessories.

CNBC Business
May 26, 2020

Tech, health care and energy: Investing experts share where they're placing their bets
The economic fallout of the coronavirus pandemic has got many of us looking for new ways to make the most of our money. Here's where investment experts are seeing opportunities.

CNBC Business
May 26, 2020

DOJ still investigating coronavirus stock sales by Sen. Burr, but drops probes of Loeffler, Inhofe, Feinstein
Federal prosecutors are still investigating stock sales by Sen. Richard Burr in advance of a coronavirus-fueled share price plunge, but are dropping investigations of sales connected to Sens. Kelly Loeffler, Jim Inhofe and Dianne Feinstein.

CNBC Business
May 26, 2020

Corteva Agriscience expects mid-Michigan floods to have a 'minimal impact' on revenue
"Only 1% of our second half revenue is dependent on any of the products that come out of Midland," CEO Jim Collins said.

CNBC Business
May 26, 2020

Jim Cramer reveals what stocks to own if betting on a V-shaped recovery
"If we don't have a giant outbreak in the states that are aggressively reopening — a big if — then a V-shaped recovery is actually on the table," the "Mad Money" host said.

CNBC Business
May 26, 2020

SpaceX raises $346 million in most recent funding round
The news came just a day before the most important launch in SpaceX history.

CNBC Business
May 26, 2020

Cramer's lightning round: Canopy is 'most legit' of the cannabis stocks
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

CNBC Business
May 26, 2020

Op-ed: Unleashing the Dragon - the NASA bargain behind this week's SpaceX launch
On the eve of SpaceX launching astronauts, a preview of a forthcoming book from Lori Garver, former NASA deputy administrator, and Michael Sheetz, CNBC space reporter.

CNBC Business
May 26, 2020

Democrats want Mnuchin to explain why bailed-out airlines are cutting workers' hours
Airlines, including Delta, JetBlue and United, accepted government aid as part of the $2.2 trillion CARES Act, on the condition they withhold from laying off or cutting worker pay rates through Sept. 30.

CNBC Business
May 26, 2020

Mount Sinai Health System co-chair worries about coronavirus coinciding with flu and cold season
"We're all going to learn, but Mount Sinai will be ready for this," Mount Sinai Health System co-chair Richard Friedman told CNBC.

CNBC Business
May 26, 2020

Jim Cramer shakes up his Cramer Covid-19 Index: Wall Street is 'more confident' about a recovery
"The market's gotten more confident that we'll have a speedy, V-shaped recovery ... and that makes the recession stocks less attractive," the "Mad Money" host said.

CNBC Business
May 26, 2020

Merck CEO issues warning on coronavirus: 'Until all of us are safe, none of us are safe'
The coronavirus has shown "that it does not respect borders," spreading to both high- and low-income countries, Merck CEO Kenneth Frazier tells CNBC.

CNBC Business
May 26, 2020

NHL says it will hold a 24-team playoff tournament if season resumes
NHL commissioner Gary Bettman said the league will announce two hub cities where it will conclude the season.

CNBC Business
May 26, 2020

Domino's U.S. same-store sales rose 14% in first two months of the quarter
Domino's Pizza said Tuesday that its U.S. same-store sales climbed 14% during the first two months of its second quarter.

CNBC Business
May 26, 2020

Stimulus will add to high debt levels but alternative is 'much worse,' ECB vice president says
The vice president of the European Central Bank (ECB) has backed the unprecedented stimulus packages launched in the region, saying there were no alternatives for lawmakers.

CNBC Business
May 26, 2020

DOJ still investigating coronavirus stock sales by Sen. Burr, but drops probes of Loeffler, Inhofe, Feinstein, report says
Federal prosecutors are still investigating stock sales by Sen. Richard Burr in advance of a coronavirus-fueled share price plunge, but are dropping investigations of sales connected to Sens. Kelly Loeffler, Jim Inhofe and Dianne Feinstein.

CNBC Business
May 26, 2020

Coronavirus live updates: More states reopen bars, CA says hair salons and barbershops can reopen in most counties
The coronavirus has infected more than 5.54 million people around the world as of Tuesday, killing at least 347,836 people.

CNBC Business
May 26, 2020

GM's Cruise self-driving unit beefs up board with executive who ran advanced research for Google, Facebook, DoD
Cruise, a majority-owned self-driving subsidiary of General Motors, has added Regina E. Dugan to its board of directors.

CNBC Business
May 26, 2020

California to allow hair salons and barbershops to reopen in majority of state's counties, Gov. Newsom says
California Gov. Gavin Newsom announced on Tuesday that he would ease the state's restrictions on barbershops and hair salons for some counties in the state that meet certain health criteria.

CNBC Business
May 26, 2020

Coronavirus live updates: Brazil's death toll could jump five-fold by August; Cuomo to press Trump on recovery plan
The coronavirus has infected more than 5.54 million people around the world as of Tuesday, killing at least 347,836 people.

CNBC Business
May 26, 2020

Front-line coronavirus workers could be vaccinated as soon as this year, Novavax CEO says
"Our target for next year is quite ambitious, but we think doable, which is to produce over a billion doses of vaccine," Novavax CEO Stanley Erck said.

CNBC Business
May 26, 2020

Vice President Mike Pence spokeswoman Katie Miller returns to work after bout with coronavirus
Vice President Mike Pence's press secretary, Katie Miller, returned to work weeks after testing positive for the coronavirus.

CNBC Business
May 26, 2020

Coronavirus live updates: New Jersey clears the way for pro sports to return to competition, NYSE trading floor reopens
The coronavirus has infected more than 5.5 million people around the world as of Tuesday, killing at least 346,632 people.

CNBC Business
May 26, 2020

New Yorkers are 'going to see pain in this new economy' as state begins reopening, Gov. Cuomo warns
"We've lost thousands of small businesses that are just not going to reopen their doors," Cuomo says.

CNBC Business
May 26, 2020

Stocks making the biggest moves midday: Southwest, Macy's, JPMorgan, Novavax, Carnival and more
These are the stocks posting the largest moves in midday trading.

CNBC Business
May 26, 2020

SpaceX raised more than the $500 million it was seeking in its most recent funding round
SpaceX raised well over the $500 million it was seeking in its most recent funding round, filings with the Securities and Exchange Commission reveal.

CNBC Business
May 26, 2020

Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak from the NYSE
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak.

CNBC Business
May 26, 2020

As states reopen, U.S. sees 'unmistakable' rise in coronavirus hospitalizations, former FDA chief says
Every state has now reopened nonessential businesses and eased at least some restrictions meant to curb the spread of the virus.

CNBC Business
May 26, 2020

Coronavirus live updates: NYSE trading floor reopens, Gottlieb sees U.S. hospitalizations ticking up
The coronavirus has infected more than 5.5 million people around the world as of Tuesday, killing at least 346,632 people.

CNBC Business
May 26, 2020

Aston Martin shares surge after Mercedes-Benz exec is named new CEO
Shares of Aston Martin surged Tuesday after the famed British car brand announced the head of Mercedes-Benz's performance division as its next CEO.

CNBC Business
May 26, 2020

South Africa downgrades lockdown rules, sending 8 million back to work
South Africa will downgrade its coronavirus lockdown measures to level three on June 1, marking what President Cyril Ramaphosa called a "significant shift" in its approach to the pandemic.

CNBC Business
May 26, 2020

He experienced a severe reaction to Moderna's Covid-19 vaccine candidate. He's still a believer
As the experimental Covid-19 vaccine being developed by Moderna Therapeutics has begun advancing through studies, it has found an advocate: trial volunteer Ian Haydon, a 29-year-old in Seattle, STAT News reports.

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