The White House declined to comment to CNBC. There is no need for Trump to self-quarantine because of his contact with Gaetz and Collins, according to Dr. Ali Khan, a professor in the Department of Epidemiology at the College of Public Health of the University of Nebraska Medical Center. Khan told CNBC that people need […]
Tag: business news
Coke, Clorox, other brands urge attorney general Barr to fight price gouging
William Barr, U.S. attorney general, listens during a roundtable discussion with law enforcement in Wichita, Kansas, U.S., on Wednesday, Oct. 2, 2019. Nick Oxford | Bloomberg | Getty Images A lobbying group representing some of America’s largest consumer brands wants the Justice Department to stop retailers from jacking up prices on hand sanitizer, masks and […]
Trump downplays oil plunge and coronavirus as markets drop
U.S. President Donald Trump speaks during a briefing at the National Institutes of Health Vaccine Research Center in Bethesda, Maryland, U.S., on Tuesday, March 3, 2020. Yuri Gripas | Bloomberg | Getty Images President Donald Trump sought to downplay the plunging price of oil and the global spread of the new coronavirus as markets fell […]
Dow craters 1,400 points and S&P 500 down 5% amid oil price war
Stocks cratered Monday as investors grappled with the sinking price of oil and the spread of the coronavirus. The Dow Jones Industrial Average tanked 1,438 points, on pace for its worst day since Dec. 2008, while the S&P 500 plunged 5.3%. The massive sell-off triggered a key market circuit breaker minutes into the opening bell. Trading was halted for […]
Amazon won’t dock warehouse workers for missing shifts during coronavirus crisis
A worker handles a package at the Amazon fulfillment center in Baltimore, Maryland, April 30, 2019. Clodagh Kilcoyne | Reuters Amazon is relaxing its attendance policy for warehouse workers and other employees due to the continued spread of the coronavirus. The company informed employees Sunday that it will not count any unpaid time (UPT) off […]
Oil a ‘bigger problem for markets than the coronavirus’ after OPEC deal collapse
A derek pumps in an oil field in Kuwait near the Saudi Arabian border. Joe Raedle | Getty Images Oil prices plunged last week as OPEC and its allies failed to reach an agreement on production cuts, and as prices look set to continue cratering, some are warning about the impact on the broader economy. “Crude […]
Washington state weighs mandatory measures
In this image from video, provided by the California National Guard, a helicopter carrying airmen with the 129th Rescue Wing flies over the Grand Princess cruise ship off the coast of California Thursday, March 5, 2020. California National Guard | AP This is CNBC’s 24-hour live blog covering all the latest news on the coronavirus […]
Salesforce asks California employees to work remotely amid coronavirus
A Salesforce corporate logo sign hangs outside their office building in New York City. Gary Hershorn | Corbis News | Getty Images Salesforce is now encouraging all its employees across California to work remotely during the month of March as concerns grow over the spread of coronavirus. “We’ve made this decision out of an abundance of […]
New York declares emergency; Italy to close Milan
A traveler wears a medical mask at Grand Central station on March 5, 2020 in New York City. David Dee Delgado This is CNBC’s 24-hour live blog covering all the latest news on the coronavirus outbreak. All times below are in U.S. eastern time. This will be updated throughout the day as the news breaks. […]
Climate change could upend New York’s maple syrup industry
Farmer Dana Putnam tries to tap a maple tree for sap, but is unsuccessful. His trees are producing less sap as the climate changes. Emma Newburger | CNBC ORANGE COUNTY, NY — Dana Putnam drilled into a maple tree, added a plastic tube and waited for the sap to flow. Nothing happened. It’s the end […]
