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March 28, 2020
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Microsoft acquires Affirmed Networks ahead of 5G deployments

CNBC
CNBC – For more and to sign up click here Microsoft CEO Satya Nadella at the Fast Company Innovation Festival in New York on November 7, 2019. Brad Barket | Getty Images for Fast Company Microsoft said Thursday it has agreed to buy Affirmed Networks, a company that specializes in......
CNBC Business

IPG withdraws guidance for 2020 as economic impact hits clients

CNBC
CNBC – For more and to sign up click here Michael Roth, IPG CEO. Michael Newberg | CNBC One of the largest advertising holding companies, Interpublic Group of Cos., withdrew its financial performance targets for full-year 2020 on Thursday amid the increasing spread of COVID-19. Shares of the company, which has......
CNBC Business

Futures flat as investors wait on Congress to pass stimulus bill

CNBC
CNBC – For more and to sign up click here U.S. stock futures were flat in early trading Wednesday night as markets tried to build on recent strength in the Dow Jones Industrial Average and S&P 500. The two indexes have just posted their first back-to-back gains since February. Fueling......
CNBC Business

State AGs call on Amazon and others to prevent coronavirus price gouging

CNBC
CNBC – For more and to sign up click here Amazon CEO Jeff Bezos on October 02, 2019. Elif Ozturk | Anadolu Agency | Getty Images A group of 33 attorneys general from U.S. states and territories called on Amazon, Ebay, Facebook, Walmart and Craigslist to prevent price gouging on coronavirus-related......
CNBC Business

US stimulus package fails again to pass

CNBC
CNBC – For more and to sign up click here This is a live blog. Please check back for updates. Global cases: At least 334,981, according to the latest figures from the World Health Organization Global deaths: At least 14,652, according to the latest figures from the WHO All times below are......
CNBC Business

Coronavirus-tracking site built by Amazon, Apple, Google volunteers

CNBC
CNBC – For more and to sign up click here In the last week, a group of thirty volunteers from tech companies like Apple, Amazon and Alphabet put together a website called “covidnearyou” that aims to track the coronavirus as it spreads.  The idea started when Prem Ramaswami, the head of product at......
CNBC Business

David Tepper says he’s buying some tech stocks, but market may have 10% to 15% more to fall

CNBC
CNBC – For more and to sign up click here Billionaire investor David Tepper said he is cautiously buying some stocks, particularly in the tech sector, as the broader market tumbles amid the coronavirus outbreak. However, he noted the relentless selling may have further to go.  “I’m nibbling right now, for what......
CNBC Business

Jeff Bezos memo about coronavirus safety at Amazon warehouses

CNBC
CNBC – For more and to sign up click here Amazon CEO Jeff Bezos sent a memo to employees Saturday addressing concerns about warehouse worker safety amid the coronavirus outbreak. In the memo, posted to Amazon’s website, Bezos writes, “There is no instruction manual for how to feel at a......
CNBC Business

Amazon doubles overtime pay for warehouse workers

CNBC
CNBC – For more and to sign up click here A worker loads customer orders into a waiting tractor-trailer inside the million-square foot Amazon distribution warehouse that opened last fall in Fall River, MA on Mar. 23, 2017. John Tlumacki | Boston Globe | Getty Images Amazon said its doubling hourly......
CNBC Business

Facebook coronavirus moves could help restore its reputation

CNBC
CNBC – For more and to sign up click here Facebook CEO Mark Zuckerberg at the F8 Developer Conference in 2017. David Paul Morris | Bloomberg via Getty Images Over the past few weeks, Facebook has been quick to launch a number of efforts to help combat the spread of......
CNBC Business

Give Amazon warehouse workers sick leave, hazard pay

CNBC
CNBC – For more and to sign up click here Jeff Bezos, founder and CEO of Amazon, pictured on Oct. 2, 2019. Elif Ozturk | Anadolu Agency | Getty Images Four senators sent a letter to Amazon urging the company to better protect warehouse workers during the coronavirus outbreak.  In a......
CNBC Business

Walmart to pay special cash bonuses, hire 150,000 workers

CNBC
CNBC – For more and to sign up click here A customer pays for her groceries after shopping at a Walmart store ahead of the Thanksgiving holiday in Chicago. Kamil Krzaczynski | Reuters Walmart said Thursday that it would spend $365 million to pay cash bonuses to its hourly employees......
CNBC Business

In Iran a person dies every 10 minutes, US unemployment spikes

CNBC
CNBC – For more and to sign up click here This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 219,400 Global deaths:......
CNBC Business

Amazon warehouse worker in New York tests positive for the coronavirus

CNBC
CNBC – For more and to sign up click here Amazon fulfillment center warehouse. Getty Images An Amazon warehouse worker at a facility in New York has tested positive for the COVID-19 coronavirus, the company confirmed to CNBC. The employee works out of Amazon’s Queens, New York delivery station, known......
CNBC Business

Tips for successful remote job interviews amid coronavirus

CNBC
CNBC – For more and to sign up click here As the coronavirus pandemic continues to grip economies across the globe, few industries have been left untouched by the fallout, and that’s having huge implications not only for the workforce but also the recruitment process.  Some companies have moved to......
CNBC Business

Amazon to hire 100,000 warehouse and delivery workers

CNBC
CNBC – For more and to sign up click here An Amazon warehouse Getty Images Amazon is hiring an additional 100,000 employees in the U.S. to meet the surge in demand from online shopping amid the coronavirus outbreak, the company said Monday.   The company is looking to add extra full-time......
CNBC Business

5 Amazon warehouse workers in Europe test positive for the coronavirus

CNBC
CNBC – For more and to sign up click here Amazon fulfillment center warehouse. Getty Images At least five workers at Amazon warehouses in Europe have tested positive for the coronavirus, the company confirmed to CNBC.  The cases are at warehouses in Spain and Italy, two areas that have been hit......
CBS US News

Amazon to hire 100,000 people to handle coronavirus-induced online shopping

CBS News
CBS News – For more and to sign up click here Amazon is looking to hire 100,000 people across the U.S. to keep up with a crush of online orders as the coronavirus spreads and keeps more people at home, shopping online. The online retailer said it will also temporarily......
CNBC Business

Amazon says items out of stock, deliveries delayed

CNBC
CNBC – For more and to sign up click here Peter Endig | AFP | Getty Images Amazon warned it’s experiencing Prime delivery days and running out of stock of popular household items amid the coronavirus outbreak. The issues are a result of a “dramatic increase in the rate that people......
CNBC Business

Second Amazon employee in Seattle tests positive for the coronavirus

CNBC
CNBC – For more and to sign up click here Nikol Szymul staffs a reception desk at Amazon offices discretely tucked into a building called Fiona in downtown Seattle, Washington on May 11, 2017. Getty Images An Amazon employee has tested positive for the COVID-19 coronavirus at an office in......

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