Chinese men wear protective masks as they walk in a nearly empty shopping street on February 2, 2020 in Beijing, China. Kevin Frayer | Getty Images This is a live blog. Check back for updates. 8:41 am: Sanders nomination would raise Trump reelection odds: Raymond James Though conventional wisdom in the 2020 election cycle thus
Despite the dangers of high-interest debt, more consumers are testing the limits of plastic. To that point, more than 1 in 3 Americans — or 91 million people— said they’re afraid they’ll max out their credit card when making a large purchase, according to a new WalletHub credit cards survey. (Most of those polled considered
A woman sits outside wearing a protective mask on February 9, 2020 in Wuhan, China. Flights, trains and public transport including buses, subway and ferry services have been closed for eighteenth days. The number of those who have died from the Wuhan coronavirus, known as 2019-nCoV, in China has climbed to 813. Stringer | Getty
A Chinese man wears a protective mask as he walks during a snowfall in an empty and shuttered commercial street on February 5, 2020 in Beijing, China. Kevin Frayer | Getty Images This is a live blog. Please check back for updates. All times below are in Eastern Standard Time. Total confirmed cases: 37,592 Total
Mike Lynch, former chief executive officer of Autonomy Corp departs the Rolls Building on June 27, 2019 in London, England. Dan Kitwood | Getty Images Mike Lynch was once described in U.K. media as “Britain’s Bill Gates.” Now the entrepreneur faces potential extradition to the United States. Lynch, the founder of U.K. tech firm Autonomy,
Tesla CEO Elon Musk presented the first batch of made-in-China cars to ordinary buyers on January 7, 2020 in a milestone for the company’s new Shanghai “giga-factory”, but which comes as sales decelerate in the world’s largest electric-vehicle market. STR Young retail investors rushed into Tesla stock as it surged to new highs this week.
Minor and recurring floods — also known as nuisance flooding — may be more frequent than official figures would suggest, according to a new study published by Nature Communications. The study focusing on flood levels along the U.S. East and Gulf Coasts found that 22 counties experience nuisance flooding at water levels much lower than
A worker inspects an order at a JD.com delivery station in Yizhuang, Beijing, amid the coronavirus outbreak. Hilary Pan | CNBC BEIJING — More people are stuck at home in China as they wait out the coronavirus outbreak, giving some delivery and e-commerce companies an opportunity, even as they try to manage the risks of
Kathrin Ziegler | Getty Images There is a lot you can get done in a half-hour. Binge your favorite sitcom, take a nap or finish a chapter of a book. You can also take the first step to financial independence in under 30 minutes. Do you know your net worth? You don’t have to be
A new client recently told us that he didn’t want to own Boeing. He did not cite the two planes that crashed or Boeing’s enormous consumption of fossil fuels. His primary concern was the integrity of its management. We mentioned that a new management has taken over the company, but he responded that that there
Ryan Reed became a technical support specialist at IBM after graduating last year from the tech firm’s apprenticeship program. Photo credit: IBM. Ryan Reed was having a tough time. The 38-year-old, a resident of Raleigh, North Carolina, had been trying for months to land a job in technology, a passion dating to his days as
A citizen wearing a mask cycling across a deserted road in Wuhan, China on February 7, 2020. The 2019 new coronavirus was discovered in Wuhan in late 2019, and has spread to more than two dozen countries since. Stringer | Anadolu Agency | Getty Images This is a live blog. Please check back for updates.
Pedestrians walk in front of the Zynga headquarters in San Francisco. David Paul Morris | Bloomberg | Getty Images Mobile game developer Zynga topped Wall Street estimates for quarterly bookings on Wednesday, riding on the success of its new titles “Merge Magic!” and “Game of Thrones Slots Casino.” The company reported bookings of $433 million
Pinterest screen on a mobile phone Source: Pinterest Check out the companies making headlines after the bell: Pinterest — The online scrapbook company’s stock rose more than 17% in extended trading after it beat analysts’ estimates for fourth-quarter revenue and monthly active users. Pinterest reported fourth-quarter earnings of 12 cents per share excluding some items
A Tesla Model S is displayed during the London Motor and Tech Show at ExCel on May 16, 2019 in London, England. John Keeble | Getty Images News | Getty Images Tesla’s valuation has soared well past other automakers, even those which produce millions more cars each year, causing Morgan Stanley to take a look
A staff member takes body temperature of a girl at Singapore Changi Airport in Singapore, Feb. 5, 2020. Then Chih Wey | Xinhua | Getty Images The global death toll from the new coronavirus is now at 805, higher than that of SARS. Hubei province reported early Sunday morning local time that there were 81
A 2020 Toyota Highlander goes down the line at the automaker’s plant in southern Indiana. Toyota Toyota Motor nudged up its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected sales, but added the impact of the new coronavirus was hard to gauge and had not yet been factored in. Automakers have
Canada Goose (GOOS) – The outerwear maker reported better-than-expected profit and revenue for its fiscal third quarter, but also said the coronavirus outbreak is having a “material negative impact” during the current quarter. The company did add that no supply chain interruptions have occurred as a result of the virus. Hanesbrands (HBI) – The underwear
Wall Street analysts are the most bearish they’ve ever been on Tesla following the stock’s steep surge, which has seen shares nearly double this year. Many are saying the valuation looks stretched and is not supported by the underlying fundamentals. Some 45% of analysts currently have a sell rating on the stock, while just 19%
Queen Elizabeth II, Meghan, Duchess of Sussex and Prince Harry, Duke of Sussex watch a flypast to mark the centenary of the Royal Air Force from the balcony of Buckingham Palace on July 10, 2018 in London, England. Max Mumby | Indigo | Getty Images Royals aren’t the only ones leaning on family. As Prince