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 […]
Tag: Health care industry
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 […]
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 […]
Trump floats payroll tax cut, other financial relief amid coronavirus outbreak
President Donald Trump on Monday said he will be meeting with Senate and House Republicans on Tuesday to discuss “a possible tax relief measure” that would provide “a timely and effective response to the coronavirus.” “We are to be meeting with House Republicans, Mitch McConnell, and discussing a possible payroll tax cut or relief, substantial […]
Apple China stores all open apart from four
Apple staff and customers, wearing facemasks to protect against the COVID-19 coronavirus, are seen on the shop premises in Beijing on February 22, 2020. Nicolas Asfouri | AFP | Getty Images All of Apple’s retail stores in mainland China apart from four are now open after the coronavirus outbreak forced the iPhone maker to close […]
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 […]
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 […]
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. […]
‘I don’t want to panic on policy measures’ related to coronavirus slowdown
Larry Kudlow, President Donald Trump’s chief economic advisor, told CNBC on Friday that he doesn’t want to “panic on policy measures” designed to combat the new coronavirus and said that U.S. growth remains strong. “We would prefer a targeted approach, a rather micro approach,” Kudlow said. “Let’s think about individuals who might lose paychecks because […]
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 […]
