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 353,000 Global deaths: At least 15,000 US cases: At least 35,000 US deaths: At least 470 The data […]
Tag: Starbucks Corp
How Wendy’s used its past mistakes to craft a better breakfast menu
DUBLIN, OHIO — As Wendy’s readies itself to launch breakfast nationwide March 2, the chain is preparing to go head-to-head against rivals like McDonald’s with a menu touting its quality. Three prior attempts to serve breakfast nationally over the last three decades failed to take hold. This time around, Wendy’s worked with franchisees to construct […]
Microsoft senior leadership team under Satya Nadella
Microsoft President and Chief Legal Officer Brad Smith, CEO Satya Nadella, Executive Vice President and Chief Financial Officer Amy Hood and Chairman John Thompson pictured at the Microsoft annual meeting of shareholders in Bellevue, Washington, on November 30, 2016. Jason Redmond | AFP | Getty Images) Satya Nadella has almost completely changed the group of […]
S&P all-time high, Tesla comeback, Microsoft turns negative
Elon Musk Mike Blake | Reuters This is a live blog. Check back for updates. 3:22 pm: Wayfair drops 13% as company announces job cuts Shares of the online retailer tanked 13% after the company said it was cutting roughly 3% of its workforce, which translates to around 500 jobs. The company said that around […]
Apple, Starbucks, AMD and more
Customers look at Apple’s new iPhone 11 series smartphones at an Apple retail store at the IFC Mall in Pudong New Area, Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Take a look at the companies making headlines after the bell. Apple – Apple stock rose 2.5% after it reported strong fourth-quarter […]
J&J ‘pretty confident’ it can create China coronavirus vaccine
Johnson & Johnson’s chief scientific officer, Dr. Paul Stoffels, told CNBC on Monday that he believes the drugmaker can create a vaccine in the coming months to fight against the fast-spreading coronavirus. But he said it could take up to a year to bring it to market. “We have dozens of scientists working on this […]
CNBC’s Jim Cramer praises Elon Musk for making Teslas exciting
CNBC’s Jim Cramer extended high praise to Elon Musk on Monday, calling the Tesla CEO “the new face of an auto executive” and extolling the enjoyment of riding in one of the company’s electric vehicles. “Your car becomes an exciting, an exciting place to be,” Cramer said on “Squawk on the Street,” just after Monday’s […]
