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Treasury yields rise as Wall Street seeks a recovery


Created: Mon, 06 Apr 2020 06:14:40 GMT

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U.S. government debt prices were lower Monday morning as Wall Street looks set to attempt a rebound following another decline last week.

Read more: Treasury yields rise as Wall Street seeks a recovery


Inspector general fired by Trump defends flagging whistleblower complaint


Created: Mon, 06 Apr 2020 05:29:54 GMT

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Michael Atkinson said he acted impartially and urged other government employees to "bravely speak up," NBC News reports.

Read more: Inspector general fired by Trump defends flagging whistleblower complaint


Airlines slash more than 90% of flights to coronavirus hot spot NYC


Created: Mon, 06 Apr 2020 02:39:12 GMT

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Newark and New York's JFK International Airport had been among the busiest airports in the country.

Read more: Airlines slash more than 90% of flights to coronavirus hot spot NYC


Apple will produce 1 million face shields per week for medical workers


Created: Mon, 06 Apr 2020 00:18:04 GMT

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"We've launched a companywide effort, bringing together produce designers, engineering, operations and packaging teams, and our suppliers to design produce and ship face shields for health workers," Cook said.

Read more: Apple will produce 1 million face shields per week for medical workers


Boeing extends Seattle-area production shutdown until further notice amid coronavirus pandemic


Created: Sun, 05 Apr 2020 21:45:22 GMT

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Boeing is making its production pause in the Seattle area indefinite because of the spread of coronavirus.

Read more: Boeing extends Seattle-area production shutdown until further notice amid coronavirus pandemic


Democratic lawmakers urge Mnuchin against 'unreasonable conditions' on airline coronavirus aid


Created: Sun, 05 Apr 2020 21:58:16 GMT

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Leading House and Senate Democrats warned Treasury Secretary Steven Mnuchin that onerous conditions on airline relief could cost workers their jobs.

Read more: Democratic lawmakers urge Mnuchin against 'unreasonable conditions' on airline coronavirus aid


GM offers manufacturing blueprints for face masks to 600 auto parts suppliers amid virus pandemic


Created: Sun, 05 Apr 2020 19:27:27 GMT

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In a note to the companies Saturday, Shilpan Amin, GM's vice president of Global Purchasing and Supply Chain, said it is making the company's step-by-step manufacturing plans for such personal protective equipment available to anyone willing to join in the cause.

Read more: GM offers manufacturing blueprints for face masks to 600 auto parts suppliers amid virus pandemic


Carnival's struggle to survive the coronavirus as outbreak wipes out the cruise industry


Created: Mon, 06 Apr 2020 00:19:55 GMT

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The coronavirus outbreak has laid waste to entire sectors of the global economy, but none faster than the cruise business.

Read more: Carnival's struggle to survive the coronavirus as outbreak wipes out the cruise industry


The jobs numbers have been so bad that even the good news is bad news


Created: Sun, 05 Apr 2020 16:07:52 GMT

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Even the one positive glimmer that came from Friday's nonfarm payrolls report just showed how bad things have gotten.

Read more: The jobs numbers have been so bad that even the good news is bad news


New Yorkers stop and give daily thanks and gratitude for coronavirus frontline workers


Created: Sun, 05 Apr 2020 18:05:51 GMT

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Between the incessant screams of ambulance sirens rushing new patients to hospitals all day, and the non-stop negative news headlines, there is one moment each day in New York City that breaks up the daily monotony that is the new normal.

Read more: New Yorkers stop and give daily thanks and gratitude for coronavirus frontline workers


Rocket startup Astra trims staff to survive pandemic until next year


Created: Sun, 05 Apr 2020 14:24:18 GMT

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San Francisco-area rocket builder Astra recently reduced its staff, a person told CNBC, in order to survive coronavirus delays.

Read more: Rocket startup Astra trims staff to survive pandemic until next year


From Animal Crossing to making sourdough: How we're spending our coronavirus quarantine time


Created: Sun, 05 Apr 2020 14:22:40 GMT

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The CNBC.com tech team, split mostly between the New York region and San Francisco Bay Area, just wrapped up its third full week with reporters sheltered in place.

Read more: From Animal Crossing to making sourdough: How we're spending our coronavirus quarantine time


Boutique fitness studios are going digital during coronavirus pandemic, but they're not making money yet


Created: Sun, 05 Apr 2020 13:46:01 GMT

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Fitness studios across the United States are turning to online platforms to keep their audience connected during the COVID-19 pandemic that's caused many of them to close due to stay-at-home mandates. But so far, the boutique classes are largely offering classes for free, meaning their once-pricey classes are no longer bringing in money for the companies and their instructors.

Read more: Boutique fitness studios are going digital during coronavirus pandemic, but they're not making money yet


Firefighters say coronavirus will obstruct emergency service, evacuations as wildfire season closes in


Created: Sun, 05 Apr 2020 13:16:02 GMT

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In wildfire-prone states like California and Washington, the coronavirus pandemic has already hindered emergency preparation for the upcoming season.

Read more: Firefighters say coronavirus will obstruct emergency service, evacuations as wildfire season closes in


The Streaming Wars may be put on hold during quarantines as free content takes over


Created: Sun, 05 Apr 2020 17:07:46 GMT

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While more Americans stuck at home means more people are watching video, free content may overtake subscription video with job losses soaring and big media making more video available for no charge.

Read more: The Streaming Wars may be put on hold during quarantines as free content takes over


How NYC moved the country's largest school district online during the coronavirus pandemic


Created: Sun, 05 Apr 2020 16:23:46 GMT

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Over the past two weeks, teachers, students and parents in NYC have begun using online tools to cope with a new system for remote learning.

Read more: How NYC moved the country's largest school district online during the coronavirus pandemic


Trump says Navy captain letter asking for help on coronavirus-stricken ship 'was terrible'


Created: Sun, 05 Apr 2020 15:58:37 GMT

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"We are not at war. Sailors do not need to die. If we do not act now, we are failing to properly take care of our most trusted asset — our Sailors," Crozier wrote in the letter.

Read more: Trump says Navy captain letter asking for help on coronavirus-stricken ship 'was terrible'


Trump says he will immediately ask for more small business money if relief fund runs out


Created: Sat, 04 Apr 2020 22:11:34 GMT

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President Donald Trump on Saturday said that he will "immediately" seek more funding from Congress if the employee retention programs included in the $2 trillion coronavirus relief bill run out of money.

Read more: Trump says he will immediately ask for more small business money if relief fund runs out


Coronavirus patients spend night on Navy hospital ship meant for non-infected New York patients


Created: Sat, 04 Apr 2020 20:23:57 GMT

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The 1,000-bed hospital ship had treated a total of three patients as of Thursday, the ship's captain Patrick Amersbach said.

Read more: Coronavirus patients spend night on Navy hospital ship meant for non-infected New York patients


Coronavirus effect: Bankruptcies won't save retail this time


Created: Sun, 05 Apr 2020 18:10:02 GMT

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For retailers, facing an apocalypse isn't anything new. What's new is the fact that everyone else is too. With everyone in duress, those with the ability to pull the trigger that could put a retailer into bankruptcy have become more gun shy.

Read more: Coronavirus effect: Bankruptcies won't save retail this time


Cuomo says New York could hit coronavirus peak in 7 days: 'We're not yet ready'


Created: Sat, 04 Apr 2020 18:15:20 GMT

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Gov. Andrew Cuomo said on Saturday that New York had about seven days to prepare for coronavirus apex in the state, warning that "we're not yet ready for the high point."

Read more: Cuomo says New York could hit coronavirus peak in 7 days: 'We're not yet ready'


MLM sellers are asking for cash to donate products to health workers, but experts say it's a marketing ploy


Created: Sun, 05 Apr 2020 01:36:54 GMT

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Experts warn consumers' donation money is better spent directly donating to hospitals or other charitable organizations.

Read more: MLM sellers are asking for cash to donate products to health workers, but experts say it's a marketing ploy


An interview with the CDC director on coronavirus, masks, and an agency gone quiet


Created: Sat, 04 Apr 2020 14:26:20 GMT

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Robert Redfield, director of the Centers for Disease Control and Prevention, describes the coronavirus pandemic as the greatest public health crisis in a century.

Read more: An interview with the CDC director on coronavirus, masks, and an agency gone quiet


Silicon Valley businesses who made their living from tech industry events are suddenly staring at blank calendars and layoffs


Created: Sat, 04 Apr 2020 18:41:04 GMT

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Food caterers, event planners, venue owners, DJs and others that rely on the tech industry's parties and conferences have struggled to find work due to the coronavirus pandemic.

Read more: Silicon Valley businesses who made their living from tech industry events are suddenly staring at blank calendars and layoffs


Telehealth visits are booming as doctors and patients embrace distancing amid the coronavirus crisis


Created: Sat, 04 Apr 2020 13:16:01 GMT

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The Trump administration has strongly urged doctors and patients to avoid in-person visits and instead use telehealth visits to help prevent the spread of the virus.

Read more: Telehealth visits are booming as doctors and patients embrace distancing amid the coronavirus crisis


Investors searching for yield should opt for this part of the bond market, market analyst says


Created: Sat, 04 Apr 2020 13:01:01 GMT

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Investment-grade bond funds are a more secure investment in this market than high-yielding funds thanks to the Federal Reserve's "backstop," DataTrek co-founder Nick Colas says.

Read more: Investors searching for yield should opt for this part of the bond market, market analyst says


These 'disease hunters' developed a novel technique for tracking pandemics after 9/11, but lost funding right before COVID-19


Created: Sun, 05 Apr 2020 02:12:24 GMT

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Nearly two decades ago, when 9/11 spurred governments to invest in fighting bioterrorism, a group of disease experts figured out how to track pandemics using data from emergency rooms with a technique called 'syndromic surveillance.' Now, as the COVID-19 coronavirus pandemic spreads, they're calling on the private sector for help.

Read more: These 'disease hunters' developed a novel technique for tracking pandemics after 9/11, but lost funding right before COVID-19


Tesla is dismissing contractors from its California and Nevada factories, sources say


Created: Sat, 04 Apr 2020 02:22:22 GMT

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Tesla is letting go of contract workers from its U.S. car and battery plants after health orders to curb the COVID-19 pandemic forced it to wind down new vehicle production.

Read more: Tesla is dismissing contractors from its California and Nevada factories, sources say


White House advisor says another coronavirus epidemic like NYC could change US mortality rate


Created: Sat, 04 Apr 2020 18:16:28 GMT

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The virus has spread rapidly throughout New York City which has more than 57,159 confirmed cases, accounting for more than 20% of all cases in the U.S.

Read more: White House advisor says another coronavirus epidemic like NYC could change US mortality rate


Trump bans export of coronavirus protection gear, says he's 'not happy with 3M'


Created: Sat, 04 Apr 2020 01:54:18 GMT

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In a CNBC interview Friday morning, 3M CEO Mike Roman said it was "absurd" to suggest his company wasn't doing all it could to help the U.S. fight the coronavirus.

Read more: Trump bans export of coronavirus protection gear, says he's 'not happy with 3M'

 
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