State and local government pensions had their worst quarter since the credit crisis more than a decade ago as the sudden shutdown of the global economy because of the coronavirus hit almost every asset class.
While Volkswagen Group is still the world's best-selling automaker, the electric car market easily belongs to Tesla. In 2019, Elon Musk's company was responsible for 78% of all EVs sold in the U.S. However, behind a staggering investment of $37 billion into its EV program, Volkswagen has plans set in place for taking Tesla's crown.
Tesla CEO Elon Musk has called stay-at-home orders "fascist" and spread misinformation about Covid-19 on Twitter. Now, he says he's reopening a factory despite government orders.
Boeing CEO on aviation amid coronavirus
Losing your job is never easy and always stressful. On top of making sure unemployment payments roll in, you’ve gotta figure out how you’re going to cover any medical expenses that may arise. If there’s any time you don’t want to be without healthcare, it’s during a global pandemic. Here are some options for health insurance if you find yourself without a job during Covid-19.
More than four million homeowners are now delaying their monthly mortgage payments as part of both government and private lender relief programs, but some are in them by mistake and are having a hard time getting out.
Twitter's acceptance of a mostly remote workforce predates the coronavirus pandemic.
The developments underscore the high stakes for communities nationwide as they gradually loosen restrictions on business.
Residents of lower-income states that voted for President Donald Trump got bigger stimulus checks in general than those in wealthier coastal enclaves that tend to back Democrats, according to data from the Internal Revenue Service.
Both companies are in negotiations and could close a deal before the end of the month, sources familiar with the matter told Bloomberg.
A new report released Tuesday by Harvard University's Safra Center lays out specific guidelines for states to reopen safely.
U.S. reports record $738 billion budget deficit in April
U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and services including airline travel as people stayed home during the coronavirus crisis.
House Democrats proposed a $3 trillion virus relief bill Tuesday, combining aid to state and local governments with direct cash payments, expanded unemployment insurance and food stamp spending as well as a list of progressive priorities like funds for voting by mail and the troubled U.S. Postal Service.
With some states preparing to reopen movie theaters but few new releases on the books for months, Hollywood studios are offering exhibitors popular films including “Jaws” and “Harry Potter and the Sorcerer’s Stone” to entice wary audiences back to cinemas.
The U.S.-based pharmaceutical giant, which is working alongside German drugmaker BioNTech, last week dosed its first participants in the United States with a potential Covid-19 vaccine.
CNBC's Jim Cramer told CNBC on Tuesday he sides with Elon Musk in the Tesla CEO's fight with county officials over reopening the company's auto plant in Fremont, California.
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, says the food-service industry needs to change “for the foreseeable future and possibly forever” after Covid-19.
Exclusive: U.S. airlines tell crews not to force passengers to wear masks
‘Withholding checks now does not take into account the unprecedented circumstances in which we’re living.’
Facebook
Become a fan
Twitter
Follow us
RSS
Subscribe