CNBC| World Business News Leader profile on KingsChat Web
Stocks making the biggest moves premarket: Marriott, Eastman Kodak, Twitter, FedEx & more
Names on the move ahead of the open.
https://www.cnbc.com/2020/08/10/stocks-making-the-biggest-moves-premarket-marriott-eastman-kodak-twitter-fedex-more.html
Hong Kong media tycoon Jimmy Lai arrested under security law
Hong Kong police arrested media tycoon Jimmy Lai and raided the publisher's headquarters Monday in the highest-profile use yet of the new national security law Beijing imposed on the city in June.
https://www.cnbc.com/2020/08/10/hong-kong-media-tycoon-jimmy-lai-arrested-under-security-law.html
Stock futures slip after Trump signs orders extending coronavirus relief
U.S. stock futures slipped after President Donald Trump signed several executive orders aimed at extending coronavirus relief.
https://www.cnbc.com/2020/08/09/stock-market-futures-open-to-close-news.html
Some office space could get permanently cut during the pandemic. Here's how companies will cope
Working from home has become the norm in this coronavirus pandemic, and Morgan Stanley predicts that office tenants across Asia will permanently give up between 3% and 9% of their existing office space.
https://www.cnbc.com/2020/08/10/work-from-home-during-coronavirus-office-rentals-in-asia-to-decline.html
Amazon reportedly discussing using former J.C. Penney and Sears stores as fulfillment centers
The Sears and J.C. Penney locations could give Amazon more fulfillment center space, closer to customers, where delivery drivers could come unload and pick up packages.
https://www.cnbc.com/2020/08/09/amazon-wants-to-use-jc-penney-stores-as-fulfillment-centers---report.html
U.S. tops 5 million coronavirus cases as outbreak threatens America's Midwest
The United States has surpassed 5 million cases of coronavirus, according to Johns Hopkins University data.
https://www.cnbc.com/2020/08/09/coronavirus-us-tops-5-million-cases-as-outbreak-threatens-americas-heartland.html
Kodak pharma deal held up over reported questions about stock move
The U.S International Development Finance Corporation said it was holding up the deal.
https://www.cnbc.com/2020/08/08/kodak-pharma-deal-held-up-over-reported-questions-about-stock-move.html
Trump signs measure to provide extra $400 in weekly unemployment benefits
Trump made the announcement as protracted negotiations have been unsuccessful in extending the benefits originally offered through the CARES Act.
https://www.cnbc.com/2020/08/08/trump-signs-measure-to-provide-extra-400-in-weekly-unemployment-benefits.html
Trump signs orders aimed at extending some pandemic relief after Congress fails to reach a deal
President Trump's orders extend unemployment benefits, provide a payroll tax holiday, defer student loan payments and extend the federal moratorium on evictions.
https://www.cnbc.com/2020/08/08/trump-signs-executive-order-on-coronavirus-relief.html
TikTok plans to sue Trump administration over ban as soon as Tuesday, report says
TikTok will file the federal lawsuit against the administration as soon as Tuesday, NPR reported, citing a person directly involved in the matter.
https://www.cnbc.com/2020/08/08/tiktok-plans-to-sue-trump-administration-over-ban-as-soon-as-tuesday-reports-say.html
Fed's Kashkari advocates six-week economic lockdown to defeat the coronavirus
"To be effective, the lockdown has to be as comprehensive and strict as possible," Kashkari and Michael Osterholm wrote.
https://www.cnbc.com/2020/08/08/feds-kashkari-advocates-six-week-economic-lockdown-to-defeat-the-coronavirus.html
Outlook for cinemas darkens as coronavirus resurges in the U.S.
American studios have had to make tough decisions about film releases due to resurgences of coronavirus cases in the U.S.
https://www.cnbc.com/2020/08/08/dire-outlook-for-cinemas-as-coronavirus-resurges-in-us.html
Trump's ban of Chinese apps has lots of precedent in other countries, and Apple and Google comply
Overall, Apple removed 851 apps in the year between July 2018 and June 2019, and the vast majority of requests came from China.
https://www.cnbc.com/2020/08/08/trump-tiktok-wechat-ban-echoes-other-countries-including-china.html
How San Francisco succeeded more than other U.S. cities in fighting the coronavirus
San Francisco's response wasn't perfect, given a few recent mini surges, but it still did a decent job overall of controlling the pandemic. Here's why.
https://www.cnbc.com/2020/08/08/how-san-francisco-beat-other-us-cities-in-fighting-the-coronavirus.html
Buffett buys back a record $5.1 billion in Berkshire stock as operating earnings take a big hit
Berkshire announced it bought $5.1 billion of its own shares during the second quarter as the pandemic dented the conglomerate's operations.
https://www.cnbc.com/2020/08/08/berkshire-hathaway-earnings-q2-2020.html
Trump to hold news conference after coronavirus stimulus talks fall apart
President Donald Trump will be holding a press conference from Bedminster, New Jersey Friday evening after another "disappointing" meeting between Democrats and the White House on coronavirus aid yielded little progress.
https://www.cnbc.com/2020/08/07/trump-to-hold-news-conference-after-coronavirus-stimulus-talks-fall-apart.html
Dr. Anthony Fauci says chance of coronavirus vaccine being highly effective is 'not great'
Scientists are hoping for a coronavirus vaccine that is at least 75% effective, but 50% or 60% effective would be acceptable, too, Dr. Anthony Fauci said.
https://www.cnbc.com/2020/08/07/coronavirus-vaccine-dr-fauci-says-chances-of-it-being-highly-effective-is-not-great.html
U.S. intel report on Trump-Biden election meddling reveals who Russia, China and Iran want to win
While many foreign actors have views on who should hold the White House, "We are primarily concerned about the ongoing and potential activity by China, Russia, and Iran," a top intelligence official said.
https://www.cnbc.com/2020/08/07/us-intel-russia-trying-to-hurt-biden-but-china-iran-dont-want-trump.html
Markets could be challenged by Washington stimulus talks and China tensions
The debate over the next round of stimulus and rising tensions between the White House and China could create headwinds for the market.
https://www.cnbc.com/2020/08/07/markets-could-be-challenged-by-washington-stimulus-talks-and-china-tensions.html
Canada to impose tariffs on $2.7 billion in U.S. goods after Trump reignites trade feud
Canada's move came in response to President Donald Trump's decision to reimpose 10% aluminum duties on its trade partner.
https://www.cnbc.com/2020/08/07/canada-to-impose-tariffs-on-2point7-billion-in-us-goods-after-trump-reignites-trade-feud.html