Tag: business news

Apple CEO Tim Cook, Tesla’s Elon Musk pledge donations

Apple CEO Tim Cook, Tesla’s Elon Musk pledge donations

Tim Cook, chief executive officer of Apple Inc., left, speaks as Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., listens during a keynote at the 2019 DreamForce conference in San Francisco, California, U.S., on Tuesday, Nov. 19, 2019. David Paul Morris | Bloomberg | Getty Images U.S. technology CEOs including Facebook’s Mark Zuckerberg […]

Italy death toll crosses 5,000

Italy death toll crosses 5,000

Medical personnel transport the first patient affected by COVID-19 to an ICU tent a Samaritan’s Purse Emergency Field Hospital on March 20, 2020 in Cremona, near Milan, Italy. Emanuele Cremaschi | Getty Images This is a live blog. Please check back for updates. All times below are in Beijing time. 8:40 am: Luxury group Kering […]

NY, Illinois governors warn states compete for supplies

NY, Illinois governors warn states compete for supplies

Closed Chicago Theatre is seen in Chicago, Illinois, on March 21, 2020. KAMIL KRZACZYNSKI 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 311,000 Global deaths: […]

Pence tests negative for coronavirus

Pence tests negative for coronavirus

US Vice President Mike Pence speaks during the daily briefing on the novel coronavirus, COVID-19, at the White House on March 21, 2020, in Washington, DC. Jim Watson | AFP | Getty Imags Vice President Mike Pence has tested negative for the coronavirus, his press secretary said. Second Lady Karen Pence also tested negative.  The vice president […]

Hospitals turn to crowdsourcing, 3D printing amid equipment shortages

Hospitals turn to crowdsourcing, 3D printing amid equipment shortages

Earlier this month, the CEO of an Italian 3D-printing startup learned that a hospital near the center of the coronavirus outbreak in Italy was running short on a small but crucial component: the valves that connect respirators to oxygen masks. The company that makes the valves couldn’t keep up with the demand, and doctors were […]

US, Mexico restrict non-essential cross-border travel

US, Mexico restrict non-essential cross-border travel

The U.S. and Mexico have agreed to restrict all non-essential travel across their border, the Trump administration announced Friday. Members of the White House coronavirus task force also said that people who enter the country from Mexico and Canada without proper documentation will be immediately turned away from the United States’ borders. The announcement came two […]

US hospitals seek $100 billion in aid

US hospitals seek $100 billion in aid

Medical workers and other officials gather outside of the Brooklyn Hospital Center where testing for the coronavirus has started on March 19, 2020 in the Brooklyn borough of New York City. Spencer Platt | Getty Images This is CNBC’s 24-hour blog covering all the latest news on the coronavirus outbreak. All times below are in […]

Coronavirus scams on the rise, mimic fraud in 2008 financial crisis

Coronavirus scams on the rise, mimic fraud in 2008 financial crisis

Coronavirus scams are emerging, and many look remarkably similar to frauds from the 2008 financial crisis. Government agencies like the Federal Trade Commission and Federal Deposit Insurance Corp. issued warnings this week for Americans to be vigilant as con artists attempt to steal from consumers spooked by an onslaught of bad news related to COVID-19. […]

Stocks can return to records early next year if the US can curb coronavirus spread, says JPMorgan

Stocks can return to records early next year if the US can curb coronavirus spread, says JPMorgan

Meric Greenbaum, Designated Market Maker IMC financial looks up at the board before the opening bell right before trading halted on the New York Stock Exchange on March 9, 2020 in New York. Timothy A. Clary | AFP | Getty Imgaes The S&P 500 could return to record highs by early next year if U.S. […]

Give Amazon warehouse workers sick leave, hazard pay

Give Amazon warehouse workers sick leave, hazard pay

Jeff Bezos, founder and CEO of Amazon, pictured on Oct. 2, 2019. Elif Ozturk | Anadolu Agency | Getty Images Four senators sent a letter to Amazon urging the company to better protect warehouse workers during the coronavirus outbreak.  In a letter sent to Amazon CEO Jeff Bezos on Friday, Sens. Cory Booker, D-New Jersey, Bob […]