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July 6, 2020
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CNBC Business

Patrick Mahomes’ 10-year extension with Kansas City Chiefs is worth more than $400 million

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CNBC – For more and to sign up click here Patrick Mahomes #15 of the Kansas City Chiefs holds up the Lamar Hunt trophy after defeating the Tennessee Titans in the AFC Championship Game at Arrowhead Stadium on January 19, 2020 in Kansas City, Missouri. Tom Pennington The Kansas City......
CNBC Business

NAACP CEO on ‘Stop Hate for Profit’ campaign: Facebook should be useful for targeting ads, not hate

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CNBC – For more and to sign up click here NAACP’s Derrick Johnson, in the midst of leading a corporate boycott against the largest social media company, on Monday told CNBC that Facebook should be a place for targeting ads but not targeting hate. “It is a platform. It is a......
CNBC Business

Under-the-radar trend suggests market’s hot streak is just beginning

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CNBC – For more and to sign up click here A summer rally may be underway. Economic forecaster Lakshman Achuthan cites a bullish, under-the-radar trend in a chart highlighting the firm’s special weekly leading index and S&P 500. “This is a fundamentally optimistic chart,” the Economic Cycle Research Institute co-founder......
CNBC Business

Three reasons why India cannot immediately disengage from China, despite geopolitical tensions

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CNBC – For more and to sign up click here A person holds up a poster calling for the boycott of Chinese mobile apps during a protest on June 30, 2020 in New Delhi, India. Vipin Kumar | Hindustan Times | Getty Images A border clash with China in the......
CNBC Business

Amazon delivery contractors were among recipients of government payroll loans

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CNBC – For more and to sign up click here Dozens of companies that handle last-mile delivery for Amazon received funds from the government’s coronavirus relief program, according to data released Monday.  Peregrine Express, Rapid Logistics, Systemize Logistics, Sheffield Express and Valdivia Logistics each received at least $1 million in loans,......
CNBC Business

Atlanta Mayor Keisha Lance Bottoms says she tested positive for coronavirus

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CNBC – For more and to sign up click here Atlanta Mayor Keisha Lance Bottoms Paras Griffin | Getty Images Atlanta Mayor Keisha Lance Bottoms, who is reportedly in the running to become the running mate to presumptive Democratic presidential nominee Joe Biden, said Monday she has tested positive for......
CNBC Business

Small business coronavirus relief loan database contains some big errors, firms say

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CNBC – For more and to sign up click here Geraldine Brimley Source: Geraldine Brimley They can’t show you the money because they didn’t get it — despite what the government says. Several companies that purportedly received forgivable loans as part of a federal relief program said that they did not......
CNBC Business

Dr. Fauci says coronavirus immunity may be ‘finite,’ duration remains uncertain

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CNBC – For more and to sign up click here Protection from any potential coronavirus vaccine might be short-lived and could require a booster to prolong protection, White House health advisor Dr. Anthony Fauci said Monday.  As several companies move closer to the finish line of a potential vaccine for......
CNBC Business

Stock futures flat following a strong rally on Wall Street

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CNBC – For more and to sign up click here The New York Stock Exchange (NYSE) is pictures on May 26, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images Stock futures held steady in overnight trading on Monday after a solid rally on......
CNBC Business

Stocks making the biggest moves after hours: Tesla, Red Rock Resorts, Fitbit and more

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CNBC – For more and to sign up click here CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines after the bell: Tesla – The automaker’s stock rose......
CNBC Business

Amy Cooper, who called police on Black Central Park bird watcher, to be prosecuted, Manhattan DA says

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CNBC – For more and to sign up click here Amy Cooper making phone call in Central Park Christian Cooper | Facebook A White woman who was filmed in May reporting that “an African American man” was threatening her life in Central Park after he asked her to leash her......
CNBC Business

Uber’s deal for Postmates shouldn’t distract investors from its troubled ride-sharing business

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CNBC – For more and to sign up click here Dara Khosrowshahi, CEO of Uber, speaking at the 2019 DealBook Conference in New York on Nov. 6th, 2019. Photo: Mike Cohen Nothing Uber does in food delivery can conceal a critical quandary facing the company — Covid-19 is wreaking havoc......
CNBC - Real Estate

Commercial mortgage delinquencies surged at record monthly rate in June

CNBC Real Estate
Pedestrians walk past commercial real estate in Manhattan. Michael Nagle | Bloomberg | Getty Images Delinquencies in commercial mortgage-backed securities last month had their largest one-month surge since Fitch Ratings began tracking the metric nearly 16 years ago. The delinquency rate hit 3.59% in June, an increase from 1.46% in......
CNBC Business

Half of Nevada’s businesses failed to follow rules on masks, state investigators say

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CNBC – For more and to sign up click here Nevada is among the states with the fastest rising rates of coronavirus infection, and state investigators have reported less than 50% of the businesses observed on July 2 complied with the governor’s order requiring face masks in public. Nevada Gov. Steve......
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Shoppers across the country are retreating again as coronavirus cases surge

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CNBC – For more and to sign up click here An employee wearing a face mask is pictured inside a shop at Westfield Santa Anita mall during the outbreak of the coronavirus disease (COVID-19), in Arcadia, California June 25, 2020. Mario Anzuoni | Reuters Just as shoppers were beginning to......
CNBC Business

Here’s what happened to the stock market on Monday

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CNBC – For more and to sign up click here A nearly empty trading floor is seen as preparations are made for the return to trading at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020. Brendan McDermid | Reuters Dow Jones Industrial Average jumps 459......
CNBC Business

Dr. Anthony Fauci says the average age of U.S. coronavirus patients has dropped by 15 years as Sun Belt states gets hit

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CNBC – For more and to sign up click here The average age of new coronavirus patients has dropped by roughly 15 years compared with only a few months ago as the coronavirus reignites in America’s Sun Belt, White House health advisor Dr. Anthony Fauci said Monday. Fauci, director of the......
CNBC Business

Harvard will allow some students on campus this fall so long as they take coronavirus tests every 3 days

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CNBC – For more and to sign up click here Harvard University in Cambridge, Massachusetts. Maddie Meyer Harvard University is welcoming freshmen and some other students to campus this fall semester, but students will have to take coronavirus tests every three days, classes will be taught online and it won’t discount......
CNBC Business

Watch live: Q&A with Dr. Fauci and NIH Director Dr. Collins on coronavirus pandemic

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CNBC – For more and to sign up click here [The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a player above at that time.]...

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