A Chinese man wears a protective mask as he walks during a snowfall in an empty and shuttered commercial street on February 5, 2020 in Beijing, China. Kevin Frayer | Getty Images This is a live blog. Please check back for updates. All times below are in Eastern Standard Time. Total confirmed cases: 37,592 Total
CNBC’s Jim Cramer expressed concerns about the fundamentals of Casper Sleep‘s business ahead of the online mattress startup’s Thursday debut as a publicly traded stock. Shares opened at $14.50, an over 20% increase from its offering price. “The losses here are staggering” for the business, Cramer said on “Squawk on the Street.” Casper, which started
Minor and recurring floods — also known as nuisance flooding — may be more frequent than official figures would suggest, according to a new study published by Nature Communications. The study focusing on flood levels along the U.S. East and Gulf Coasts found that 22 counties experience nuisance flooding at water levels much lower than
Lachlan Murdoch Getty Images Fox Corporation said breaking news coverage of the impeachment hearings for president Donald Trump was part of the reason its cable ad revenue fell 5% in its second quarter. Shares in the company, which reported earnings for the quarter ending on Dec. 31 on Tuesday, were up 3% in extended-hours trading
A worker inspects an order at a JD.com delivery station in Yizhuang, Beijing, amid the coronavirus outbreak. Hilary Pan | CNBC BEIJING — More people are stuck at home in China as they wait out the coronavirus outbreak, giving some delivery and e-commerce companies an opportunity, even as they try to manage the risks of
Kathrin Ziegler | Getty Images There is a lot you can get done in a half-hour. Binge your favorite sitcom, take a nap or finish a chapter of a book. You can also take the first step to financial independence in under 30 minutes. Do you know your net worth? You don’t have to be
A new client recently told us that he didn’t want to own Boeing. He did not cite the two planes that crashed or Boeing’s enormous consumption of fossil fuels. His primary concern was the integrity of its management. We mentioned that a new management has taken over the company, but he responded that that there
Ryan Reed became a technical support specialist at IBM after graduating last year from the tech firm’s apprenticeship program. Photo credit: IBM. Ryan Reed was having a tough time. The 38-year-old, a resident of Raleigh, North Carolina, had been trying for months to land a job in technology, a passion dating to his days as
A Chevrolet Equinox SUV is seen on the production line at SAIC-GM Wuhan Manufacturing Plant on April 7, 2017 in Wuhan, China. VCG | Getty Images The coronavirus extending factory shutdowns in China is the latest problem for increasingly “dangerous days” for the Detroit automakers in the world’s largest vehicle market. General Motors last year
A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Peloton shares plummeted as much as 12% in extended trading Wednesday after the fitness company reported mounting losses and slower