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April 3, 2020
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CNBC - Real Estate

Where your coronavirus stimulus check will go furthest based on rents

CNBC Real Estate
Many Americans should be encouraged that the government is likely to pay them $1,200 apiece amid the coronavirus economic downturn. There’s one problem, however: The money may not stretch very far — because the rent is too darn high. Last week, Congress ushered in a $2 trillion stimulus bill aimed......
CNBC Business

Chef Boyardee sales uptick is a ‘flashback’ to childhood

CNBC
CNBC – For more and to sign up click here Chef Boyardee sales are up, and the growth momentum may continue forward, given the impact of the coronavirus pandemic, Conagra Brands CEO Sean Connolly told CNBC’s Jim Cramer Tuesday. The classic line of canned pasta products saw a 4.5% gain......
CNBC Business

Palo Alto CEO forgoes salary, commits to ‘no COVID-19 layoffs’

CNBC
CNBC – For more and to sign up click here Palo Alto Networks CEO Nikesh Arora said Tuesday on CNBC that he will forfeit his salary and maintain staff as part of the network security provider’s coronavirus response plan. “We have committed to no COVID-19 layoffs in our company because......
CNBC Business

answers to your most pressing questions

CNBC
CNBC – For more and to sign up click here NoDerog | E+ | Getty Images Those government stimulus checks should be on their way soon to millions of Americans. Many people have still have a lot of questions about them. Last week, Washington lawmakers approved a $2 trillion relief......
CNBC - Real Estate

Homebuilder ETF has worst month ever

CNBC Real Estate
Homebuilding stocks had a rough March. The iShares U.S. Home Construction ETF (ITB), which tracks the group, closed out its worst month ever on Tuesday with a more than 33% loss since Mar. 1, adding to a cacophony of gloomy statistics that included the Dow Jones Industrial Average rounding out......
CNBC Business

Hospital supplier Owens & Minor expanding capacity to meet PPE demands

CNBC
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......
CNBC Business

Veeva Systems CRM usage increased tenfold amid race to find COVID-19 cure

CNBC
CNBC – For more and to sign up click here Veeva Systems can be found at many stages in the fight to quell the coronavirus epidemic, according to founder and CEO Peter Gassner. In a world limited by social distancing and travel limitations, the cloud-computing company is assisting life sciences......
CNBC Business

Congress to send taxpayers $1,200 checks in the wake of coronavirus

CNBC
CNBC – For more and to sign up click here NoDerog | iStock | Getty Images As Congress pushes through a $2 trillion stimulus bill, some Americans can expect checks from the government to help them cope with the economic devastation stemming from the coronavirus crisis. Those payments are expected......
CNBC Business

Tesla, Ford top auto stock picks with traders

CNBC
CNBC – For more and to sign up click here Auto stocks are surging. The group saw double-digit moves Tuesday on the back of the broader stock market’s one-day recovery rally, fueled by hopes that Congress would pass its pending coronavirus stimulus plan. The Dow Jones Industrial Average closed more......
CNBC - Real Estate

These banks are offering coronavirus financial aid

CNBC Real Estate
In the face of the coronavirus pandemic, the financial stability of millions of Americans is in jeopardy. In a statement, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency encouraged banks to work with their customers affected by COVID-19. A growing number......
CNBC Business

Coronavirus rescue checks may shortchange Americans on Social Security

CNBC
CNBC – For more and to sign up click here Tara Moore | Getty Images A  bill proposed by Senate Majority Leader Mitch McConnell, R-Ky., calls for sending checks of $1,200 to $2,400 to most Americans as a result of the economic damage stemming from the coronavirus outbreak. Based on the......
CNBC Business

Here’s how your rescue check from the government could be taxed

CNBC
CNBC – For more and to sign up click here cmannphoto | Getty Images Many Americans may soon get checks in their hands from the government. But Uncle Sam could also claw back some of that money. Information about how much those checks will be – and whether or not......
CNBC Business

Bank stocks ‘very cheap’ after sell-off

CNBC
CNBC – For more and to sign up click here The S&P financial sector is having its worst month in 30 years. The group has fallen about 27% this month, taking a harder hit than the broader S&P 500, which has shed nearly 18%. Year to date, S&P financials are......
CNBC Business

Web traffic up 20% in one week amid coronavirus shutdown

CNBC
CNBC – For more and to sign up click here As Wall Street players and companies remain uncertain about the coronavirus outbreak’s economic impact, Verizon Communications is reporting early results of society’s virtual shutdown affect on business. CEO Hans Vestberg on Thursday told CNBC’s Jim Cramer that data usage has surged......
CNBC Business

‘Return to normalcy’ in China shows coronavirus rebound

CNBC
CNBC – For more and to sign up click here Hormel Food CEO Jim Snee on Wednesday noted there is a silver lining behind the coronavirus outbreak that has brought the global economy on the brink of recession. In a message of hope, Snee told CNBC’s Jim Cramer that business in China,......
CNBC Business

‘Sit tight and stay away’ from options

CNBC
CNBC – For more and to sign up click here Sit tight and steer clear of options. That is one options strategist’s advice to individual investors as U.S. stocks see unprecedented levels of volatility, with the Cboe Volatility Index, also known as the VIX or the market’s fear gauge, sitting......
CNBC Business

Thermo Fisher ships coronavirus tests, aims to make 5 million per week

CNBC
CNBC – For more and to sign up click here The first batch of government-authorized coronavirus tests from Thermo Fisher Scientific have shipped off and the “dramatic ramp up” in production has begun, CEO Marc Casper told CNBC Monday. “We have already about 1.5 million tests in stock. We began shipping......
CNBC Business

Business returns in China as coronavirus outbreak eases

CNBC
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......
CNBC Business

Coronavirus stocks: Domino’s, Activision, Walmart, Netflix

CNBC
CNBC – For more and to sign up click here “It’s always darkest before the DAWN.” That might just be Strategic Wealth Partners chief Mark Tepper’s new mantra as he looks for stocks that could weather the market’s volatile swings amid rapidly rising fears of the coronavirus pandemic. It’s also......
CNBC Business

Eli Lilly CEO aims to start testing coronavirus cure ‘this summer’

CNBC
CNBC – For more and to sign up click here Eli Lilly CEO David Ricks told CNBC on Friday that his company aims to start testing a treatment for the globally spreading coronavirus in the coming months. The pharmaceutical giant on Thursday announced that it has teamed up with the......

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