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Coronavirus flight cancellations top 200,000, sending jet fuel prices to more than 2-year lows


Created: Fri, 21 Feb 2020 20:57:17 GMT

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Airlines have canceled more than 200,000 flights because of the coronavirus, driving down demand for jet fuel.

Read more: Coronavirus flight cancellations top 200,000, sending jet fuel prices to more than 2-year lows


Mattel's remote-controlled Tesla Cybertruck comes with its own 'cracked' window sticker


Created: Fri, 21 Feb 2020 19:27:31 GMT

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While Tesla's actual electric pickup isn't expected to be available until next year, fans of the polarizing, and very angular, truck will only need to wait until December for these miniature versions.

Read more: Mattel's remote-controlled Tesla Cybertruck comes with its own 'cracked' window sticker


CDC prepares for possibility coronavirus becomes a pandemic and businesses, schools need to be closed


Created: Sat, 22 Feb 2020 00:46:35 GMT

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The CDC pointed to China, where schools and businesses have been closed to contain the outbreak, saying the U.S. may need to do the same.

Read more: CDC prepares for possibility coronavirus becomes a pandemic and businesses, schools need to be closed


US prepares for possible coronavirus pandemic, WHO officials say Iran outbreak 'worrisome'


Created: Sat, 22 Feb 2020 01:52:45 GMT

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As of Friday, more than 76,700 cases of coronavirus have been reported, resulting in at least 2,249 deaths.

Read more: US prepares for possible coronavirus pandemic, WHO officials say Iran outbreak 'worrisome'


WHO officials say coronavirus outbreak in Iran is 'very worrisome'


Created: Fri, 21 Feb 2020 17:35:42 GMT

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"This outbreak could still go in any direction," said Tedros Adhanom Ghebreyesus, director-general of the World Health Organization.

Read more: WHO officials say coronavirus outbreak in Iran is 'very worrisome'


Coronavirus fears are battering the $2.5 trillion trade show industry


Created: Fri, 21 Feb 2020 19:14:09 GMT

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The outbreak has caused the cancellation or postponement of more than 24 trade shows and conferences, including the Mobile World Congress, the world's largest trade show for the mobile phone industry.

Read more: Coronavirus fears are battering the $2.5 trillion trade show industry


Only three US states can test for coronavirus, says public lab group


Created: Fri, 21 Feb 2020 18:04:45 GMT

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California, Nebraska and Illinois are the only U.S. states that can currently test for coronavirus, the Association of Public Health Laboratories (APHL) told Reuters on Friday.

Read more: Only three US states can test for coronavirus, says public lab group


Coronavirus outbreak grows in northern Italy, 16 cases reported in one day


Created: Sat, 22 Feb 2020 00:43:17 GMT

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An outbreak of coronavirus in northern Italy worsened on Friday, with officials announcing 14 confirmed cases in the wealthy region of Lombardy, while two cases were reported in the adjacent region of Veneto.

Read more: Coronavirus outbreak grows in northern Italy, 16 cases reported in one day


Sears snags new financial lifeline as losses continue, sources say


Created: Fri, 21 Feb 2020 10:51:18 GMT

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U.S. department store operator Sears has reached a deal for a fresh financial lifeline totaling roughly $100 million from hedge fund Brigade Capital Management, as it tries to stabilize after bankruptcy, people familiar with the matter said.

Read more: Sears snags new financial lifeline as losses continue, sources say


Hasbro extends Disney pact for Star Wars, Marvel toys and games


Created: Fri, 21 Feb 2020 17:09:13 GMT

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Hasbro has long benefited from its relationship with Disney. In the last year, Hasbro's partner brands revenue rose 24% to $1.22 billion.

Read more: Hasbro extends Disney pact for Star Wars, Marvel toys and games


Boeing to expand 737 Max inspections, sources say


Created: Sat, 22 Feb 2020 04:54:11 GMT

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Teams looking in the fuel tanks of brand new Boeing 737 Max planes for foreign object debris will expand their inspections, sources familiar with the checks told CNBC on Friday.

Read more: Boeing to expand 737 Max inspections, sources say


Coronavirus live updates: Cruise ships to house Wuhan medical workers; South Korea cases spike


Created: Sat, 22 Feb 2020 08:41:51 GMT

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South Korea reported that two people have died as the country's total cases rose to 433.

Read more: Coronavirus live updates: Cruise ships to house Wuhan medical workers; South Korea cases spike


Everything Jim Cramer said about the stock market on 'Mad Money,' including looming earnings, social media stocks


Created: Sat, 22 Feb 2020 00:18:04 GMT

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CNBC's Jim Cramer warns that coronavirus outbreak updates will continue to influence on the market. He breaks down the earnings reports behind Facebook, Snap, Twitter and Pinterest.

Read more: Everything Jim Cramer said about the stock market on 'Mad Money,' including looming earnings, social media stocks


Jim Cramer says Facebook, Snap, Twitter and Pinterest earnings were 'about the expectations'


Created: Fri, 21 Feb 2020 23:52:32 GMT

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CNBC's Jim Cramer breaks down the earnings reports in the top four social media stocks.

Read more: Jim Cramer says Facebook, Snap, Twitter and Pinterest earnings were 'about the expectations'


Cramer's lightning round: 'Roku is a great way to play cord-cut'


Created: Fri, 21 Feb 2020 23:50:00 GMT

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"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Read more: Cramer's lightning round: 'Roku is a great way to play cord-cut'


Cramer's week ahead: February could 'end with a nasty whimper'


Created: Fri, 21 Feb 2020 23:44:01 GMT

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"If [coronavirus news] remains as fluid ... or if it remains dynamic, get ready for February to end with a nasty whimper and a bear full of bang," CNBC's Jim Cramer says.

Read more: Cramer's week ahead: February could 'end with a nasty whimper'


DuPont ramps up safety suit production as coronavirus causes shortages in China


Created: Fri, 21 Feb 2020 23:07:31 GMT

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At DuPont's largest manufacturing facility in Richmond, Virginia, CNBC got an inside look at how the company is making changes to its operations to accommodate the rise in demand for protective suits.

Read more: DuPont ramps up safety suit production as coronavirus causes shortages in China


SEC reportedly probing Altria's Juul investment


Created: Fri, 21 Feb 2020 21:43:18 GMT

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The Securities and Exchange Commission has launched an investigation into Altria's investment in e-cigarette start-up Juul Labs, the Wall Street Journal reported on Friday.

Read more: SEC reportedly probing Altria's Juul investment


Harry and Meghan forced to drop their 'Sussex Royal' brand name


Created: Fri, 21 Feb 2020 20:41:17 GMT

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The pair had intended to use it for their charity foundation, but will now be forced to change their brand name.

Read more: Harry and Meghan forced to drop their 'Sussex Royal' brand name


Harvey Weinstein rape trial judge tells jurors to keep working after note suggests they are hung on most serious charges


Created: Fri, 21 Feb 2020 21:17:23 GMT

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The judge in Harvey Weinstein's rape trial told jurors to continue deliberations after they suggested they might have reached a unanimous verdict on the less serious charges, but are hung on the most serious ones.

Read more: Harvey Weinstein rape trial judge tells jurors to keep working after note suggests they are hung on most serious charges


Coca-Cola expects coronavirus to lower first-quarter earnings but holds firm to its 2020 forecast


Created: Fri, 21 Feb 2020 18:18:42 GMT

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Coca-Cola is forecasting that the virus will hit its quarterly earnings by 1 cent to 2 cents, unit case volume by 2% to 3% and organic revenue by 1% to 2%.

Read more: Coca-Cola expects coronavirus to lower first-quarter earnings but holds firm to its 2020 forecast


Coronavirus outbreak in Chinese prisons, South Korea cases exceed 200


Created: Sat, 22 Feb 2020 00:42:25 GMT

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South Korea has confirmed an additional 48 cases of the coronavirus, bringing the total number of infections nationwide to 204.

Read more: Coronavirus outbreak in Chinese prisons, South Korea cases exceed 200


NFL's proposal for players includes 17-game season, pay increases, limited THC testing


Created: Fri, 21 Feb 2020 02:46:16 GMT

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NFL owners approved a new collective bargaining agreement proposal with increases to pay and limited THC testing, according to terms released on the league's website.

Read more: NFL's proposal for players includes 17-game season, pay increases, limited THC testing


China says more than 500 cases of the new coronavirus stemmed from prisons


Created: Fri, 21 Feb 2020 08:41:44 GMT

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Four prisons in China have reported more than 500 cases of COVID-19 cases, with both inmates and prison guards getting infected.

Read more: China says more than 500 cases of the new coronavirus stemmed from prisons


China's passenger car sales tumble 92% in first half of February due to virus outbreak


Created: Fri, 21 Feb 2020 04:42:06 GMT

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"Very few dealerships opened in the first weeks of February and they have had very little customer traffic," the China Passenger Car Association said.

Read more: China's passenger car sales tumble 92% in first half of February due to virus outbreak


Deere reports an unexpected rise in first-quarter profits


Created: Fri, 21 Feb 2020 13:24:07 GMT

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Deere on Friday reported an unexpected rise in profits in the first quarter, helped by early signs of stabilization in the U.S. farm sector.

Read more: Deere reports an unexpected rise in first-quarter profits


SpaceX is looking to raise about $250 million, valuing Elon Musk's space company at $36 billion


Created: Fri, 21 Feb 2020 21:11:08 GMT

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SpaceX is seeking about a quarter billion dollars in new funds, people familiar told CNBC, raising the valuation of Elon Musk's company.

Read more: SpaceX is looking to raise about $250 million, valuing Elon Musk's space company at $36 billion


Stocks making the biggest moves midday: Deere, Chewy, Dropbox & more


Created: Fri, 21 Feb 2020 17:31:11 GMT

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Check out the companies making headlines in midday trading on Friday.

Read more: Stocks making the biggest moves midday: Deere, Chewy, Dropbox & more


Watch: World Health Organization holds press conference on the coronavirus outbreak


Created: Fri, 21 Feb 2020 14:48:37 GMT

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WHO officials will hold a press briefing on the outbreak, which has infected more than 73,400 and killed at least 1,874 people so far.

Read more: Watch: World Health Organization holds press conference on the coronavirus outbreak


Boston Beer founder Jim Koch defends hard seltzer investment after disappointing earnings report


Created: Thu, 20 Feb 2020 23:02:58 GMT

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"We really don't know how far is up" for hard seltzer, Boston Beer Company founder Jim Koch told CNBC.

Read more: Boston Beer founder Jim Koch defends hard seltzer investment after disappointing earnings report

 
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