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. […]
Tag: Business
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 […]
What critics are saying about Pixar’s newest film
Tom Holland and Chris Pratt voice teenage elf brothers in Pixars’ “Onward.” The pair embark on a quest to spend one last day with their father, who died when they were too young to remember him. Disney Pixar has set a high standard for animated movies over the last 25 years, but its latest title […]
Trump cancels plan to sign coronavirus bill at CDC in Atlanta
U.S. President Donald Trump waves to reporters as he departs for travel to Scranton, Pennsylvania from the South Lawn of the White House in Washington, U.S., March 5, 2020. Carlos Barria | REUTERS WASHINGTON — President Donald Trump is no longer planning to travel to the Centers for Disease Control and Prevention headquarters in Atlanta, an […]
Microsoft says two employees have been diagnosed with coronavirus
Chief Executive Officer of Microsoft, Satya Narayana Nadella speaks during a presentation at the Mobile World Congress (MWC), on the eve of the world’s biggest mobile fair, on February 24, 2019, in Barcelona. GABRIEL BOUYS | AFP | Getty Images Two Microsoft employees in Washington state have contracted the coronavirus. They are among the more […]
Gap names Old Navy chief Sonia Syngal as CEO
Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune’s Most Powerful Women Summit in Washington, D.C., on Tuesday, Oct. 22, 2019. Sarah Silbiger | Bloomberg | Getty Images Gap Inc. has tapped its Old Navy chief Sonia Syngal to be CEO, effective March 23, the company announced Thursday afternoon. Its shares […]
NYC confirms new cases, Southwest slashes revenue forecast
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 95,700, according to data compiled by Johns Hopkins University. Global deaths: At least 3,280, according to data compiled by Johns Hopkins […]
Zoom Video, American Eagle, FireEye, Moderna & more
Check out the companies making headlines before the bell: Zoom Video (ZM) — The video conferencing company reported earnings of 15 cents per share on revenue of $188.3 million. Wall Street was expecting earnings of 7 cents per share on revenue of $176.5 million, according to Refinitiv. American Eagle (AEO) — The retailer’s quarterly earnings beat on […]
Tesla customers in China irate over cars delivered with older hardware
A worker in a face mask walks past gates at the Tesla Gigafactory in Shanghai, China, on Feb. 17, 2020. Qilai Shen | Bloomberg | Getty Images Tesla customers in China are complaining the company delivered new Model 3s with a version of Autopilot hardware that was not as advanced as promised. According to a […]
Zoom (ZM) earnings Q4 2020
Eric Yuan, CEO, Zoom Video Communications Source: CNBC Shares of videoconferencing software company Zoom dropped as much as 10% after-hours on Wednesday, even though the company reported fiscal fourth-quarter earnings and guidance that exceeded analysts’ expectations. Zoom had been on a tear during the coronavirus outbreak, as companies turned to remote work — the stock […]
