Billionaire entrepreneur Mark Cuban joined CNBC’s “Fast Money” on Monday. Cuban, owner of the NBA’s Dallas Mavericks, has been vocal during the coronavirus pandemic, arguing for government relief measures that prioritize workers and puts restrictions on stock buybacks. Cuban last week criticized how some banks were handling the newly created small business loan program, telling CNBC 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 2,416,100 Global deaths: At least 165,939 US cases: More than 759,700 US deaths: At least 40,683 The data
A United Airlines Holdings Inc. employee waits for a traveler at San Francisco International Airport in San Francisco, California, U.S., on Thursday, April 2, 2020. David Paul Morris | Bloomberg | Getty Images United Airlines on Monday reported a $2.1 billion loss for first quarter as the coronavirus pandemic drove travel demand down to the lowest
8:40 am: Energy stocks down big following oil’s collapse Shares of oil producers and services companies are dropping in premarket trading on Monday after oil prices tumbled to their lowest level in more than 21 years. The May contract of U.S. West Texas Intermediate (WTI) futures fell to $11.04 a barrel on Monday, down almost 40%, to register
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 13 of 30. If your heart raced the last
Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp. Kiyoshi Ota | Bloomberg | Getty Images When casino company Las Vegas Sands announced that it was suspending its dividend, CEO Sheldon Adelson acknowledged that he was going against his own motto. “I am known for the phrase, ‘yay dividends!’, and I assure
Adam Hester America is a resilient nation. Americans are optimistic, innovative, forward-looking and compassionate. And when a crisis occurs, America’s best qualities shine through and burn brightly. We are in the midst of an unprecedented health crisis that has caused a momentous disruption to our nation’s and the world’s economy as businesses have been ordered
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 2.3 million Global deaths: At least 161,262 US cases: More than 735,200 US deaths: At least 39,090 The
Paul Meeks is reworking his investment strategy due to coronavirus risks. The long-time tech investor recently parted ways with two of his top picks: Mastercard and Visa. “They do require to get a lot of swipe fees, a lot of face-to-face transactions in places like hotels, bars and restaurants and I just don’t see that happening,” the
During the late 1990s, Jesse Itzler was just like any other newbie entrepreneur — he had little cash but big dreams. Then he made a risky deal that paid off, and it taught him to invest in himself. At 24, Itzler got an offer that he couldn’t refuse: the opportunity to buy four front-row season