Marriage is not part of the future for Maggie Kirchhoff and her partner of 13 years, Matt. The couple knows this means the automatic rights and protections that legally married spouses get are off the table for them. And this would be especially important if one of them were to become severely ill or pass
Papa John’s shares tumbled more than 10% Wednesday after the company said it has temporarily closed 50 franchised stores in China as a result of the coronavirus and reported a decline in same-store sales for the year. The company has seen a countrywide sales impact year to date, with sales in China down mid- to
Virgin Galactic’s spacecraft Unity flies to its new home in at Spaceport America in New Mexico on Feb. 13, 2020. Virgin Galactic Virgin Galactic reported a larger-than-anticipated loss when it reported fourth-quarter results on Tuesday, although the interest from prospective customers in the company’s future spaceflights continued to climb. CEO George Whitesides told shareholders on
Senator Pat Toomey Cameron Costa | CNBC Sen. Patrick Toomey said he will support the nomination of Judy Shelton to the Federal Reserve, removing a key obstacle to her confirmation. The Pennsylvania Republican said Wednesday he received assurance that Shelton does not favor devaluing the dollar to combat lower currencies in other countries. During a
Scott Minerd, founding managing partner at Guggenheim, at WEF in Davos, Switzerland on Jan. 22, 2019. Adam Galica | CNBC Guggenheim Partners Global CIO Scott Minerd said Wednesday that stocks could have further to fall as the markets came to grips with the economic impact from the coronavirus outbreak. Minerd, appearing on CNBC’s “Closing Bell,”
Democratic presidential candidate, former New York City mayor Mike Bloomberg speaks to supporters at a rally on February 20, 2020 in Salt Lake City, Utah. George Frey | Getty Images Billionaire Mike Bloomberg’s income tax return might not tell us much. It depends on how much of it he releases. If returns are heavily redacted,
This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 81,000Total deaths: At least 2,764 9:54 am: Brazil Health Ministry confirms first coronavirus case in Latin America The Brazilian government confirmed the first case of a fast-spreading new coronavirus in Latin America, officials from
Top management at global companies are clueless on the full extent of the coronavirus impact and how it will affect their companies in the coming months, a portfolio manager told CNBC Wednesday. Many firms have highlighted that their operations will suffer as a result of the virus and some have taken precautionary measures. But Pieter
Jeffrey Gundlach, DoubleLine Capital CEO and Wall Street “bond king,” is pointing the finger at Democratic presidential hopeful Bernie Sanders for the market’s tumultuous rout this week. “If this stock market reversal is due exclusively to the virus, then why is United Healthcare down far more than SPX?” Gundlach wrote in an email to CNBC’s
Chamath Palihapitiya Heidi Gutman | CNBC Billionaires should be grateful for their good fortune and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya said Wednesday. In a heated billionaire-versus-billionaire debate with former hedge fund manager Leon Cooperman, Palihapitiya said that being demonized or labeled “out of touch” is a