The number of confirmed coronavirus cases continues to rise in U.S. states that were among the first and most aggressive to reopen, leading some local officials to reconsider reopening plans. In Oregon, Gov. Kate Brown announced a 7-day statewide pause on further reopening as health officials study the data and […]
CNBC News
After big sell-off, stock market will be wary of virus and Fed testimony in week ahead
Wall Street and New York Stock Exchange in New York. Alexander Spatari Stocks could be caught in a tug-of-war in the week ahead, as investors weigh the potential positives of a reopening economy against worry that the coronavirus continues to spread. In the past week, the S&P 500’s sharp gains […]
On Main Street, business owners push for greater protection from coronavirus-related lawsuits
At Chris Purcell’s Firehouse Subs location in Elizabeth City, North Carolina, things aren’t quite business as usual. After suffering sales drops of as much as 60% during the height of the coronavirus pandemic, customers are starting to return. Now it’s all about making them comfortable and keeping employees and patrons […]
KKR co-CEO Henry Kravis says 80% of the companies it controls have at least two directors with diverse backgrounds
Private equity firm KKR’s co-chief executive officer and co-founder, Henry Kravis, said 80% of companies that it controls now have at least two board directors with diverse backgrounds. The firm set out to reach that threshold a few years ago and accomplished that in the first quarter of 2020, Kravis told CNBC’s […]
Tesla safety boss tries to calm factory workers, some are concerned about lax coronavirus precautions
Tesla’s safety leader Laurie Shelby sent an e-mail to employees who work at its Fremont, California, vehicle assembly plant on Thursday to assuage their concerns about new infections among employees. However, some employees say that despite Shelby’s email, they remain worried about infections and lax safety precautions in Fremont. In […]
Trump administration revokes transgender health protection
LGBTQ activists and supporters hold a rally outside the U.S. Supreme Court as it hears arguments in a major LGBT rights case on whether a federal anti-discrimination law that prohibits workplace discrimination on the basis of sex covers gay and transgender employees in Washington, October 8, 2019. Jonathan Ernst | […]
MLB gives players’ union Sunday deadline to accept new economic proposal before season restart on July 14
A general view during a spring training game between the Atlanta Braves and the New York Mets at Champion stadium on March 23, 2019 in Lake Buena Vista, Florida. Julio Aguilar | Getty Images Major League Baseball officially presented another economic plan to players’ union, as it hopes to resume […]
Bankrupt Hertz granted approval to sell up to $1 billion in shares
Signage for Hertz Global Holdings Inc. stands at a rental location in Berkeley, California, U.S., on Tuesday, May 5, 2020. David Paul Morris | Bloomberg | Getty Images Hertz was granted approval Friday by the U.S. Bankruptcy Court for the District of Delaware to sell up to $1 billion in […]
Coronavirus live updates: Public health officials leave roles amid threats; hospitalization rise in some states
The number of confirmed coronavirus cases continues to rise in U.S. states that were among the first and most aggressive to reopen, leading some local officials to reconsider reopening plans. In Oregon, Gov. Kate Brown announced a 7-day statewide pause on further reopening as health officials study the data and […]
Democrats push for simpler loan-forgiveness process in small business coronavirus bailout
U.S. Secretary of the Treasury Steven Mnuchin testifies with Jovita Carranza, Administrator U.S. Small Business Administration during the Senate Small Business and Entrepreneurship Hearings to examine implementation of Title I of the CARES Act on Capitol Hill on June 10, 2020 in Washington, DC. Kevin Dietsch | Getty Images Senate […]