Month: April 2020

Employers can find it a little easier to assist their workforce in paying back student loans, thanks to the CARES Act, Goodly CEO Greg Poulin told CNBC’s Jim Cramer Monday. Goodly, a San Francisco-based startup that supplies companies up with student loan benefits programs similar to retirement savings accounts, could also find itself benefiting from
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This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Beijing time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 2 million Global deaths: At least 119,483 Most cases reported: United States (682,619), Spain (170,099), Italy (159,516), France (137,875),
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CNBC’s Jim Cramer on Monday criticized the launch of the small business loan program passed by Congress last month, arguing delays are heaping more burden on business owners. “How many weeks do I have to front everybody?” Cramer said on “Squawk on the Street.”  Cramer owns Bar San Miguel and co-owns The Longshoreman. Both restaurants
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Jim Hackett of Ford Motor speaks at an event during the 2018 North American International Auto Show (NAIAS) in Detroit, Michigan, U.S., on Jan. 14, 2018. Andrew Harrer | Bloomberg | Getty Images Ford Motor shares dropped about 5% after the automaker warned that the coronavirus has significantly impacted its first-quarter performance, including a 15.7% drop
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Republican billionaire Ken Langone praised the health-care industry, public service workers and drug companies in the fight against the coronavirus but bashed the news media. In an interview Monday on CNBC’s “Squawk Box,” Langone said the media’s coverage of the Trump administration’s efforts against the outbreak is too aggressive because the country needs to be united.  ”Don’t
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JPMorgan kicks off earnings season on Tuesday. The bad news: Short-term guidance will be very ugly.   But there’s some good news:  1) The Securities and Exchange Commission has told corporations that this earnings season is not routine and has encouraged companies to provide forward-looking guidance, and not be concerned that the information may change rapidly.
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This is a live blog. Please check back for updates. Global cases: At least 1,846,680.  Global deaths: At least 114,090. Most cases reported: United States (555,313), Spain (166,831), Italy (156,363), France (133,670), Germany (127,854).  The data above was compiled by Johns Hopkins University as of 8:05 a.m. Beijing time.  All times below are in Beijing time. 8:45
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