Tag: business news

Microsoft Build in-person events canceled

Microsoft Build in-person events canceled

Satya Nadella, chief executive officer of Microsoft Corp., pauses during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. Simon Dawson | Bloomberg | Getty Images Microsoft said Thursday that its annual Build developer conference in Seattle, set to run from May 19-21 will […]

Italy’s death toll tops 1,000

Italy’s death toll tops 1,000

Volunteers from the Italian Red Cross purchase medicines for those who cannot leave their homes in Castiglione della Pescaia, while Italy is fighting a coronavirus outbreak in Castiglione della Pescaia, Italy March 12, 2020. Jennifer Lorenzini | REUTERS This is a live blog. Please check back for updates. All times below are in Beijing time. […]

Amazon tells all employees to work from home if they can

Amazon tells all employees to work from home if they can

The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people. John Moore | Getty Images Amazon is telling all of its employees globally to stay […]

Make the best of being home due to coronavirus closures

Make the best of being home due to coronavirus closures

From quarantines to working remotely, precautions are being taken across the U.S. in response to the spread of coronavirus. If you find yourself stuck at home, there are ways to make the best of a bad situation, according to “Shark Tank” investor Daymond John. “You have to make sure that you take that time to […]

Cramer slams government on coronavirus, evoking his epic 2007 Fed rant

Cramer slams government on coronavirus, evoking his epic 2007 Fed rant

CNBC’s Jim Cramer blasted the U.S. government’s response to the coronavirus on Thursday, arguing “this is the time for radical action.”  “They know nothing. They know nothing. We know more than they do, and that’s not acceptable either,” Cramer said, hearkening back to his famous 2007 rant about the Federal Reserve before the financial crisis. “I want […]

House Republicans come out against Dem bill ahead of vote

House Republicans come out against Dem bill ahead of vote

House Majority Leader Nancy Pelosi (D-CA) speaks before signing the Coronavirus Emergency Response Package which passed the House with only three votes against it on Capitol Hill on March 5, 2020 in Washington, DC. Samuel Corum | Getty Images House Republicans made clear Thursday that they won’t support the new emergency coronavirus aid bill unveiled […]

JPMorgan Chase orders up to half NY metro employees to work from home

JPMorgan Chase orders up to half NY metro employees to work from home

People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images JPMorgan Chase on Thursday told managers to implement a plan to have employees based in offices in Manhattan, Brooklyn and Jersey City to start working from home beginning on Friday. “We are asking our managers […]

Meituan launches paper ‘shield’ to protect diners in China

Meituan launches paper ‘shield’ to protect diners in China

A Chinese office worker eats their meal surrounded by one of Meituan’s fold out protective “shields”. The company says that this free cover can help protect people from catching coronavirus in densely populated areas like offices and canteens. Meituan Meituan, one of China’s biggest food delivery firms, is delivering a paper “shield” to diners ordering […]

Citi’s Corbat says ‘this is not a financial crisis’ in Trump meeting

Citi’s Corbat says ‘this is not a financial crisis’ in Trump meeting

Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup CEO Michael Corbat said Wednesday that the current turmoil caused by the coronavirus isn’t stemming from the financial system.  “This is not a financial crisis,” Corbat said during a White House meeting. “The banks […]

Harvey Weinstein sentenced to 23 years in prison for rape, sex assault

Harvey Weinstein sentenced to 23 years in prison for rape, sex assault

Harvey Weinstein enters a Manhattan court house as a jury continues with deliberations in his trial on February 24, 2020 in New York City. prison. Spencer Platt | Getty Images Film producer Harvey Weinstein was sentenced Wednesday to 23 years in prison for a rape and sex assault case that ignited the #MeToo movement in […]