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March 29, 2020

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CNBC Business

Mall owner Taubman is telling tenants they must pay rent

CNBC
by CNBC01
CNBC – For more and to sign up click here U.S. mall owner Taubman is telling its tenants that they must pay rent amid the coronavirus pandemic. In a memo dated March 25, which was obtained by CNBC, the real estate investment trust said it still has its own obligations to......
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CNBC Business

Coronavirus live updates: Global cases near 700,000

CNBC
by CNBC02
CNBC – For more and to sign up click here This is CNBC’s 24-hour blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This live blog will be updated throughout the day as the news breaks. Global cases: More than 679,000 Global......
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New York Post

Why the travel industry will be stronger and better after coronavirus

NYPost
by NYPost07
New York Post – For more and to sign up click here The travel industry has been decimated by the coronavirus — with estimates of over $24 billion lost as 825,000 jobs have been wiped out and more than 8.2 million visitors stay away from the United States alone. But......
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CNBC Business

2020 Detroit auto show canceled due to coronavirus

CNBC
by CNBC06
CNBC – For more and to sign up click here The Ford Motor Co. Mustang Shelby GT500 vehicle is displayed during the 2019 North American International Auto Show (NAIAS) in Detroit, Michigan,. Daniel Acker | Bloomberg | Getty Images The 2020 Detroit auto show has been canceled as its venue......
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New York Post

Brooklyn eatery turns into soup kitchen for laid off workers

NYPost
by NYPost02
New York Post – For more and to sign up click here Down on their luck hospitality workers are getting the VIP treatment in Brooklyn, thanks to a pair of generous restaurateurs who are serving up gourmet meals and handing out free groceries and other essentials amid the Big Apple’s......
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CNBC Business

Blind speed video-dating app for NYC

CNBC
by CNBC04
CNBC – For more and to sign up click here Some New York millennials have turned to video speed dating as a way to maintain their social lives amid the stay-at-home order put in place due to the coronavirus.  The dates are coordinated through a project called “NYC Virtual Dating:......
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CNBC Business

The US economy has come to a standstill, satellite imagery shows

CNBC
by CNBC06
CNBC – For more and to sign up click here American Airlines planes parked in Tulsa, Oklahoma. American Airlines The coronavirus crisis is bringing the United States economy to a screeching halt, with every sector feeling the effects of most of the country’s workforce staying home. Satellite imagery combined with......
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CNBC Business

Trump pushes back against congressional oversight for $500 billion bailout fund

CNBC
by CNBC06
CNBC – For more and to sign up click here Treasury Secretary Steven Mnuchin and President Donald Trump attend briefing about the coronavirus outbreak in the press briefing room at the White House on March 17, 2020 in Washington, DC. The Trump administration is considering an $850 billion stimulus package......
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CNBC Business

Regulations slow hiring of doctors and nurses, staffing firms say

CNBC
by CNBC00
CNBC – For more and to sign up click here A person wearing protective clothing and a respirator mask donates protective equipment to the Elmhurst Hospital Center in the Queens borough of New York, U.S., on Thursday, March 26, 2020. Angus Mordant | Bloomberg | Getty Images Medical staffing firms......
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CNBC Business

BMW M850i is a competent choice but fails to commit to one personality

CNBC
by CNBC00
CNBC – For more and to sign up click here 2020 BMW M850i Gran Coupe Source: BMW With an ever-expanding series of products that fill every niche, BMW should have one of the most well-rounded lineups in the automotive world. The company offers family SUVs, stripped out sports cars, and......
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CNBC Business

Checkbook inventor is potential stimulus check distributor

CNBC
by CNBC00
CNBC – For more and to sign up click here Shoreview, Minnesota-based Deluxe invented the checkbook a century ago. Now it may play a key role in distributing government stimulus checks, as well as help its small business clients get through the coronavirus crisis. Deluxe Corp. Chances are that your......
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CNBC Business

Philippines sees largest daily rise in deaths, India turns to idled trains

CNBC
by CNBC05
CNBC – For more and to sign up click here This is CNBC’s 24-hour blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This live blog will be updated throughout the day as the news breaks.  All times below are in Eastern......
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CNBC Business

Coronavirus hits already struggling US farmers with drop in prices

CNBC
by CNBC00
CNBC – For more and to sign up click here In this photo taken March 20, 2020, cattle rancher Joe Whitesell rides his horse in a field near Dufur, Oregon, as he helps a friend herd cattle. Gillian Flaccus | AP U.S. farmers have endured a slew of financial hardships......
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CNBC Business

Hospital supplier Owens & Minor expanding capacity to meet PPE demands

CNBC
by CNBC03
CNBC – For more and to sign up click here Hospital supplier Owens & Minor added shifts and expanded factory production time to meet global demand for personal protective equipment in the fight against the coronavirus pandemic. As demand continues to grow exponentially, the Virginia-based company is ramping up production......
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CNBC Business

Abbott receives approval for test that can detect coronavirus in as little as 5 minutes

CNBC
by CNBC03
CNBC – For more and to sign up click here Abbott on Friday announced it received approval for a test that is capable of delivering positive results of the coronavirus in as little as five minutes, and it will begin making those tests available to health care providers next week.......
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CNBC Business

Sports franchises could qualify for loans with coronavirus relief bill

CNBC
by CNBC01
CNBC – For more and to sign up click here Sports franchises across the country could be getting some help from the federal government to keep hourly and low-salaried workers employed.  As part of the $2 trillion coronavirus relief bill, President Donald Trump signed on Friday, $350 billion is set aside for......
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CNBC Business

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

Airbnb freezes hiring and suspends marketing due to coronavirus

CNBC
by CNBC00
CNBC – For more and to sign up click here Brian Chesky, CEO of Airbnb Getty Images Airbnb will institute a hiring freeze and suspend its marketing as the company braces adjusts to the impact of the coronavirus pandemic on its business, a person familiar with the matter told CNBC. ......
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CNBC Business

Fiorina says big companies haven’t ‘earned’ coronavirus relief

CNBC
by CNBC01
CNBC – For more and to sign up click here Former Hewlett Packard CEO Carly Fiorina criticized the coronavirus relief package passed by Congress and signed by President Donald Trump on Friday, saying that the bill was too generous to large companies.  “It’s the $500 billion of corporate bailout that......
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