General Motors Co. Chevrolet pickup trucks sit on display for sale at a car dealership in Louisville, Kentucky, U.S., on Wednesday, Jan. 31, 2018. General Motors Co. is scheduled to release earnings figures on February 6. Luke Sharrett| Bloomberg | Getty Images Angelo Salvadore is one of the luckier ones when it comes to his
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Health-care businesses are the source of some of the biggest demand for the small business loan program in the coronavirus relief package from the federal government, a regional bank CEO told CNBC on Wednesday. “The second-highest request for these PPP loans in our case is health-care businesses. So doctors, radiology labs, things like that. That
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 1,446,500 Global deaths: At least 82,992 US cases: More than 399,900 US deaths: At least 12,911 The data above
A “Temporarily Closed” sign hangs in the window of Nordstrom Inc. store in the Midtown neighborhood of New York, U.S., on Friday, March 20, 2020. Gabby Jones | Bloomberg | Getty Images Nordstrom said its financial situation could become distressed if its stores stay dark for much longer because of COVID-19. The retailer’s assessment of this
Levi Strauss & Co. CEO Chip Bergh speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC Levi Strauss CEO Chip Bergh said the coronavirus pandemic “will further separate the winners and losers” in the retail industry today. “The brands that are gong to win are going to be the
Coronavirus deaths in New York surged by 731 on Monday, the biggest single-day jump in COVID-19 fatalities since the outbreak began a few months ago, Gov. Andrew Cuomo said Tuesday. The jump in fatalities comes even as the number of intensive care admissions starts to decline, giving the state some needed breathing room to ramp
U.S. President Donald Trump responds to a question about the Department of Health and Human Services Inspector General’s report on the shortage of novel coronavirus tests for hospitals during the daily coronavirus task force briefing at the White House in Washington, U.S., April 6, 2020. Kevin Lemarque | Reuters President Donald Trump blamed the World Health
New Jersey Governor Phil Murphy speaks after taking the oath of office in Trenton, New Jersey, January 16, 2018. Lucas Jackson | Reuters New Jersey is extending its public health emergency and closing all state and county parks as coronavirus deaths hit the highest single-day increase in COVID-19 deaths yet, Gov. Phil Murphy announced Tuesday.
The entrance to a Macy’s department store. Jeffrey Greenberg | Universal Images Group | Getty Images Macy’s said Tuesday that Chief Financial Officer Paula Price will be leaving the company, effective May 31. The company said an external search is underway for Price’s replacement. It also said Price will remain an advisor to Macy’s until November.
Health workers wear protective masks as they observe a minute’s silence at the entrance of the Hospital Doctor Peset in remembrance of nursing staff who have died due to coronavirus (COVID-19) on April 06, 2020 in Valencia, Spain. Rober Solsona | Europa Press News | Getty Images The World Health Organization is urging countries to