Elon Musk, CEO of Tesla and SpaceX. Peter Parks | AFP | Getty Images Elon Musk is having issues with conference calls lately. Thursday afternoon, the SpaceX CEO unexpectedly spoke up during a NASA conference call on Thursday, after the agency’s Administrator Jim Bridenstine was asked about Musk’s recent comments on the coronavirus pandemic. On Wednesday
Empty streets in downtown Portland, Oregon, on April 22, 2020. Moriah Ratner/Bloomberg via Getty Images This is not going away anytime soon. From grocery shopping to working remotely to homeschooling kids, nearly everything in life is different. Almost all Americans are anxious about money, according to a survey from National Endowment for Financial Education. “We
Coronavirus safety actions for Ford include required face masks for everyone entering a Ford facility. Every Ford team member will be provided a care kit including a face mask and other items to help keep them healthy. Ford U.S. auto plants weren’t supposed to be closed this long due to the coronavirus pandemic. When the
Andrew Jassy, chief executive officer of web services for Amazon.com Inc., speaks during the 2019 CERAWeek by IHS Markit conference in Houston on March 11, 2019. F. Carter Smith | Bloomberg | Getty Images Amazon’s market-leading cloud business crossed $10 billion in revenue for the first time in the first quarter. At $10.22 billion, Amazon
Warren Buffett Gerry Miller | CNBC Warren Buffett said Saturday he is optimistic that the U.S. economy will re-emerge even after being dealt a body blow by the coronavirus pandemic. “Nothing can basically stop America,” said Buffett, chairman and CEO of Berkshire Hathaway, from the conglomerate’s first virtual shareholder’s meeting from Omaha, Nebraska. “The American
CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 25 of 30. Just a few months ago, millions
Warren Buffett Gerard Miller | CNBC (Follow live updates of Berkshire’s annual meeting here.) Warren Buffett said Saturday that Berkshire Hathaway is still sitting on its massive cash hoard because the conglomerate hasn’t found a company to buy at an attractive price. “We have not done anything, because we don’t see anything that attractive to
If daydreaming about scoring a windfall would help you escape the coronavirus doldrums, you might want to buy a Mega Millions ticket. The lottery game’s jackpot has reached the $200 million mark for the first time in almost three months amid slowing sales. And if all six numbers are matched in Friday night’s drawing, it
A farmer checks on young female pigs at a hog farm in Smithville, Ohio, U.S., on Thursday, April 30, 2020. Dane Rhys | Bloomberg | Getty Images As the coronavirus pandemic disrupts supply chains across the country, farmers are being forced to destroy their crops, dump milk and throw out perishable items that can’t be
Amazon reported its first-quarter earnings after the bell on Thursday, revealing the pandemic’s impact on the business that has been a rare bright spot on the stock market. The stock fell about 5% after hours after missing estimates on earnings while beating revenue expectations. Here’s what Amazon reported: Earnings per share (EPS): $5.01 Revenue: $75.45 billion