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Disney to lay off 28,000 employees as coronavirus slams its theme park business

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CNBC – For more and to sign up click here Prolonged closures at Disney’s California-based theme parks and limited attendance at its open parks has forced the company to lay off 28,000 employees across its parks, experiences and consumer products division. In a letter sent to employees on Tuesday, Josh D’Amaro,......
CNBC Business

Amazon downplayed rising injury rates at its warehouses, investigation finds

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CNBC – For more and to sign up click here Amazon fulfillment center warehouse. Getty Images Injuries inside Amazon‘s warehouses continue to be on the rise, despite the company’s claims that it has invested tens of millions of dollars to improve safety measures, according to a wide-ranging investigation published Tuesday......
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Pandemic forces a reckoning for restaurants coping with capacity limits and new consumer habits

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CNBC – For more and to sign up click here Coronavirus pandemic forces a reckoning for restaurants with capacity limits SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Ad exec Martin Sorrell says Facebook and Google shouldn’t be broken up, boycotts pointless

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CNBC – For more and to sign up click here Martin Sorrell at the 2018 WEF in Davos, Switzerland. Adam Galica | CNBC Legendary advertising executive Martin Sorrell says we don’t need to break up Google or Facebook. The S4 Capital CEO and WPP founder told CNBC’s “A View from......
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Trump met with Michael Flynn’s lawyer, who asked him not to pardon former advisor, attorney reveals

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CNBC – For more and to sign up click here The defense lawyer for Michael Flynn told a judge on Tuesday that she talked about his criminal case in a meeting with President Donald Trump, who has been highly critical of the prosecution of his former national security advisor for......
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Joe Biden releases 2019 tax returns ahead of presidential debate

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CNBC – For more and to sign up click here Democratic presidential candidate Joe Biden and his wife, Jill, wave to the crowd during his 2020 campaign kickoff rally at the Eakins Oval in Philadelphia, Pa., on Saturday, May 18, 2019. Tom Williams | CQ-Roll Call Group | Getty Images......
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Manhattan district attorney won’t try to enforce Trump tax return subpoena during appeals

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CNBC – For more and to sign up click here U.S. President Donald Trump arrives to speak about the administration’s coronavirus disease (COVID-19) testing plan in the Rose Garden at the White House in Washington, September 28, 2020. Carlos Barria | Reuters The Manhattan District Attorney’s Office said Tuesday it......
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Pelosi, Mnuchin renew talks as Democrats release $2.2 trillion coronavirus stimulus bill

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CNBC – For more and to sign up click here U.S. House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak to reporters after their coronavirus relief negotiations with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows at the U.S. Capitol in Washington,......
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Most small businesses say they’re ready for a coronavirus spike, survey shows

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CNBC – For more and to sign up click here People wearing facemasks wait to buy vegetables at a market vegetable stall as essential retailers reopen from the coronavirus (Covid-19) shutdown. SOPA Images | LightRocket | Getty Images Smaller-sized businesses have been battered during the six months of the coronavirus......
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JPMorgan Chase to pay $920 million to resolve U.S. investigations into trading practices

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CNBC – For more and to sign up click here JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, April 9, 2019. Jeenah Moon | Reuters JPMorgan Chase is set to pay a record $920 million to resolve probes from three......
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New York bankruptcies reportedly surge 40% during pandemic

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CNBC – For more and to sign up click here People wearing protective masks walk by a going out of business sign displayed outside Century 21 on the Upper West Side as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September......
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Cramer blasts DC for failing to pass more stimulus: ‘They hated each other and they blew it’

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CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday took aim at the federal government’s failure to pass another coronavirus stimulus relief bill to aid ailing small businesses. “They blew it. They can talk all they want, they blew it,” said Cramer, an owner in......
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Retail trade group tells consumers this holiday season to shop ‘safe and early’

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CNBC – For more and to sign up click here Consumers begin their Black Friday specials shopping as Macys opens their doors at 5pm on Thanksgiving Day on November 28, 2019 in New York. BRYAN R. SMITH The retail industry’s leading trade group has a message to customers ahead of......
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Spotify CEO backs Tesla rival after pledging to invest over $1 billion in European ‘moonshots’

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CNBC – For more and to sign up click here Drew Angerer / Getty Images  LONDON — Daniel Ek, the founder and chief executive of Spotify, has invested in Swedish battery firm Northvolt, which is building a Gigafactory in Sweden’s Lapland region. Stockholm-headquartered Northvolt announced Tuesday that it has raised......
CNBC - Real Estate

Home prices rose 4.8% in July, according to Case-Shiller index 

CNBC Real Estate
People wait to visit a house for sale in Garden City, Nassau County, New York, the United States, on Sept. 6, 2020. Xinhua News Agency | Getty Images Strong demand from homebuyers in July, coupled with rock-bottom mortgage interest rates, caused home prices to accelerate in major markets across the......
CNBC Business

Earnings season kicks off soon and results could be better than feared

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CNBC – For more and to sign up click here Earnings season kicks off in a couple weeks, and here’s why it may be better than expected. The S&P 500 is down 4% for the month, the first down month since March, but investors are expecting big things from corporate......
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Here’s what President Trump has to do in the first debate against Joe Biden

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CNBC – For more and to sign up click here U.S. President Donald Trump stands in front of a U.S. flag as he participates in a roundtable on donating plasma during a visit to the American Red Cross National Headquarters in Washington, U.S., July 30, 2020. Carlos Barria | Reuters......
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Cambridge tech scene questions Nvidia’s commitment to an A.I. lab after $40 billion Arm deal

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CNBC – For more and to sign up click here Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles, California, U.S., on Monday, Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images LONDON –......

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