A tourist wearing a protective mask takes a selfie outside the Sagrada Familia in Barcelona on March 11, 2020 after Spain banned all air traffic from Italy, closed schools and blocked fans from football matches after being caught off-guard by a near tripling of coronavirus infections in less than 48 hours. Lluis Gene | AFP […]
Tag: Business
Everbridge up 38% this year by helping clients manage coronavirus
David Meredith, CEO, Everbridge Scott Mlyn | CNBC With tech stocks plunging alongside the broader market, software-maker Everbridge has emerged a rare profitable bet for investors. Everbridge, whose technology helps companies manage public safety emergencies like the coronavirus reached an intraday record of $116.21 as the S&P 500 sank 4.9%. Over the past three-plus weeks, […]
The Masters is postponed, Buffett moves shareholder meeting online
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 135,000, according to data compiled by Johns Hopkins University. Global deaths: At least 4,977, according to data compiled by Johns […]
Trump will hold press conference
U.S. President Donald Trump talks to journalists while hosting Prime Minister of Ireland Leo Varadkar in the Oval Office at the White House March 12, 2020 in Washington, DC. Chip Somodevilla | Getty Images President Donald Trump said he will hold a press conference at 3 p.m. ET Friday to discuss the coronavirus pandemic. The […]
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 […]
Trump wants big tax cut, NYC case count can’t keep up
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 118,101, according to data compiled by Johns Hopkins University. Global deaths: At least 4,262, according to data compiled by […]
Stitch Fix shares are tanking, biz could be near ‘saturation point’
Katrina Lake, founder and chief executive officer of Stitch Fix Inc. Patrick T. Fallon | Bloomberg | Getty Images Stitch Fix shares are cratering as Wall Street questions the longevity of a business that ships customers clothes on a fixed basis, using data science to curate outfits they might like. Its stock was last down […]
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 […]
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 […]
