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 […]
Tag: United States
Dow plunges 850 points as Wall Street’s wild trading streak continues
Stocks plummeted on Wednesday in another volatile session as Wall Street worried about a possible fiscal stimulus package aimed at curbing slower economic growth due to the coronavirus outbreak. The Dow Jones Industrial Average traded 850 points lower, or more than 3%. The S&P 500 slid 3% while the Nasdaq Composite dropped 2.7%. Those losses […]
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 […]
Huawei reiterates offer to license 5G tech to US firm to create rival
Ren Zhengfei, CEO of Huawei. Justin Solomon | CNBC Huawei has faced pressure from the U.S. government which has accused it of being a national security threat. Washington maintains that Huawei’s equipment could be used by China to carry out espionage, a claim Huawei has denied. Last year, the U.S. added Huawei and its affiliates […]
Google reaches a settlement with state attorneys general
Google CEO Sundar Pichai testifies during a House Judiciary Committee hearing on Capitol Hill in Washington, DC, December 11, 2018. Saul Loeb | AFP | Getty Images Google has reached a settlement with state attorneys general over outside consultants hired to work on the states’ antitrust investigation, CNBC has learned. The settlement means that potential […]
Huawei says US push to create a 5G rival ‘would be a challenge’
Chinese telecom giant Huawei announced on October 16, 2019 that it has passed the 400,000 5G antennas mark, the fifth generation of mobile phones, in the world with 56 operators who have already started to roll out the new mobile network. STEFAN WERMUTH | AFP | Getty Images Plans by the United States to create […]
Huawei says US charges are an attempt to ‘irrevocably damage’ its image
Chinese telecom giant Huawei announced on October 16, 2019 that it has passed the 400,000 5G antennas mark, the fifth generation of mobile phones, in the world with 56 operators who have already started to roll out the new mobile network. STEFAN WERMUTH | AFP | Getty Images Chinese tech giant Huawei said new charges […]
What it is, how it works and why it’s important
Signs for a number of different candidates are staked in the lawn outside of a home in Des Moines, Iowa, on January 25, 2020. Stephen Maturen | AFP | Getty Images An unusually crowded field of Democratic presidential contenders has campaigned for months to take on President Donald Trump in November. But before the hopefuls […]
Chinese firm allowed limited access to UK 5G network
A Huawei logo is pictured at their store at Vina del Mar, Chile July 18, 2019. Rodrigo Garrido | Reuters Britain will allow Chinese telecommunications giant Huawei to play a limited role in its next generation 5G mobile networks. The U.K. government said that Huawei will be restricted from being involved in “sensitive functions” in […]
Yankees, Dolphins fight back as climate change threatens stadiums
Miami’s Hard Rock Stadium will host about 65,000 fans on Super Bowl Sunday. While the biggest battle in football will last just one evening, the fight that stadium faces from the effects of climate change will go on indefinitely. It is not alone. Teams and stadiums across country are dealing with flooding, extreme storms, excessive […]
