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March 28, 2020

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US retail store closures to drag into April, likely longer

CNBC
by CNBC03
CNBC – For more and to sign up click here March 27.  This Friday was the day that many retailers set roughly two weeks ago as the marker for how long they planned to temporarily keep their shops closed. But as the number of COVID-19 cases continues to rise, nothing is......
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CNBC Business

Apple announces COVID-19 screening app with CDC and White House

CNBC
by CNBC03
CNBC – For more and to sign up click here Tim Cook, chief executive officer of Apple, at the 2019 DreamForce conference in San Francisco, California, U.S., on Nov. 19, 2019. David Paul Morris | Bloomberg | Getty Images Apple has developed a new website and app that will provide......
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CNBC Business

Apple drops after report says iPhone launch could be delayed

CNBC
by CNBC04
CNBC – For more and to sign up click here A man uses his mobile phone as he walks past advertising for the new iPhones outside the Apple store in Hong Kong on October 10, 2019. Philip Fong | AFP | Getty Images Apple shares dropped late during the trading day......
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CNBC Business

Futures flat as investors wait on Congress to pass stimulus bill

CNBC
by CNBC07
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......
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CNBC Business

US stimulus package fails again to pass

CNBC
by CNBC07
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......
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CNBC Business

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

CNBC
by CNBC04
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......
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CNBC Business

Twitter pulls first quarter guidance due to coronavirus

CNBC
by CNBC04
CNBC – For more and to sign up click here Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Twitter on Monday pulled its first quarter guidance......
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CNBC Business

Coronavirus live updates: Deaths in Spain surge

CNBC
by CNBC09
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 343,421 Global deaths:......
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CNBC Business

Apple CEO Tim Cook, Tesla’s Elon Musk pledge donations

CNBC
by CNBC06
CNBC – For more and to sign up click here Tim Cook, chief executive officer of Apple Inc., left, speaks as Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., listens during a keynote at the 2019 DreamForce conference in San Francisco, California, U.S., on Tuesday, Nov. 19, 2019.......
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CNBC Business

Cisco commits $225 million in fight against coronavirus

CNBC
by CNBC03
CNBC – For more and to sign up click here Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020. Adam Galica | CNBC A technology giant is committing $225 million to assist in efforts aimed at combating the coronavirus while the rest of......
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CNBC Business

GOP Sen. Hoeven bought up to $250,000 in health fund after briefing

CNBC
by CNBC07
CNBC – For more and to sign up click here GOP Sen. John Hoeven, R-N.D., purchased between $100,000 and $250,000 of stock in a fund invested in health sciences companies in late January, just days after attending a briefing on the federal government’s response to the coronavirus. The Jan. 29 purchase......
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CNBC Business

California issues stay home order

CNBC
by CNBC017
CNBC – For more and to sign up click here This is a live blog. Please check back for updates. Global cases: At least 207,855, according to the latest figures from the World Health Organization Global deaths: At least 8,648, according to the latest figures from the WHO All times below are in......
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CNBC Business

Inside Macy’s Herald Square store before coronavirus closed it temporarily

CNBC
by CNBC015
CNBC – For more and to sign up click here A few people pass by Macy’s Herald Square location on March 17, before it shut to the public because of COVID-19. Source: Lauren Thomas, CNBC Macy’s was the last major department store chain in America to lay out a plan for......
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CNBC Business

Apple announces new iPad Pro and MacBook Air

CNBC
by CNBC011
CNBC – For more and to sign up click here Apple’s new iPad Pro 2020. Apple Apple announced a new iPad Pro and MacBook Air on Wednesday. 2020 iPad Pro The iPad Pro will ship in two sizes, including an 11-inch model and a 12.9-inch model, beginning next week. The 11-inch......
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CNBC Business

Eric Schmidt group to hold meeting with VCs about fighting coronavirus

CNBC
by CNBC013
CNBC – For more and to sign up click here Eric Schmidt at Village Global VC in San Francisco. Village Global VC A group founded by the former CEO and executive chairman of Google is huddling with venture capitalists to discuss how they can quickly use their resources to help......
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CNBC Business

Nordstrom is closing all US stores due to coronavirus

CNBC
by CNBC09
CNBC – For more and to sign up click here The outside of Nordstrom’s men’s store in New York, which opened in April 2018. Source: Nordstrom Nordstrom is closing its more than 360 stores temporarily to try to curb the spread of COVID-19.  The department store retailer has also withdrawn......
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CNBC Business

Stocks to rebound, Regeneron speeds up drug, crazy futures trading

CNBC
by CNBC014
CNBC – For more and to sign up click here Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images 7:37 am: Tech titans erase more than $1 trillion......
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CNBC Business

Business returns in China as coronavirus outbreak eases

CNBC
by CNBC09
CNBC – For more and to sign up click here Dow Inc. CEO Jim Fitterling expressed optimism Monday about the U.S. economy’s ability to recover from the coronavirus, pointing to positive signs coming from Chinese market.  “Our demand is good right now,” Fitterling told CNBC’s Jim Cramer. “In fact, the......
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CNBC Business

Apple fined $1.2 billion by French competition authorities

CNBC
by CNBC012
CNBC – For more and to sign up click here Pedestrians walk past an american multinational technology company Apple retail store. Alex Tai | SOPA Images | LightRocket via Getty Images Apple was fined 1.1 billion euros ($1.23 billion) for anti-competitive behavior Monday by the French antitrust authorities. The French......
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CNBC Business

Retail store closures in the US could explode because of coronavirus

CNBC
by CNBC012
CNBC – For more and to sign up click here 2019 brought with it record store closures in the retail industry in the U.S. 2020 looks like it is about to be a lot worse. With a coronavirus pandemic hitting many consumers across America, spurring them to stock up at......
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