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Joe Biden unveils $2 trillion green infrastructure and jobs plan

Created: Tue, 14 Jul 2020 17:23:27 GMT

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Biden aims to create jobs that pay at least $15 an hour during an overhaul of American roads, bridges and trains, along with the energy grid.

Watch live: Vice President Mike Pence holds a briefing on U.S. coronavirus response

Created: Tue, 14 Jul 2020 17:09:23 GMT

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U.S. seven-day average of new coronavirus cases surpass 60,000 for the first time

Created: Tue, 14 Jul 2020 17:01:13 GMT

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The U.S. surpassed more than 60,000 new coronavirus cases, based on a seven-day moving average, for the first time on Monday, according to a CNBC analysis of data compiled by Johns Hopkins University.

House Speaker Nancy Pelosi says she would delay August recess to pass coronavirus relief bill

Created: Tue, 14 Jul 2020 17:18:53 GMT

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Congress looks to pass a coronavirus relief bill as millions of Americans are set to lose the $600 per week federal unemployment benefit.

Top infectious disease experts lend support to Fauci after White House attacks

Created: Tue, 14 Jul 2020 16:19:28 GMT

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The Trump administration has increasingly disregarded advice from its top scientific advisors on Covid-19 with Trump himself calling the CDC's guidelines on school reopenings too cumbersome and expensive.

Google says Zero Hedge can run Google ads again after removing 'derogatory' comments

Created: Tue, 14 Jul 2020 15:53:15 GMT

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Google has resumed running ads on financial market website Zero Hedge, saying the website had removed material that caused it to be removed from Google's ad platform last month.

Ghislaine Maxwell pleads not guilty in Jeffrey Epstein sex crimes case

Created: Tue, 14 Jul 2020 17:33:03 GMT

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Lawyers for Maxwell proposed she be released on $5 million bond. Prosecutors want her detained without bail, calling her an extreme flight risk.

Israel took strong early steps against Covid-19, but now the virus is resurging and some say the country reopened too soon

Created: Tue, 14 Jul 2020 15:34:55 GMT

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After early success, Israel has seen a resurgence in infections and is now trying to figure out a plan against the virus.

Moderna will begin late-stage coronavirus vaccine trial on July 27

Created: Tue, 14 Jul 2020 17:47:46 GMT

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Moderna will begin its late-stage trial testing a potential vaccine to prevent Covid-19 on July 27, according to a posting published Tuesday on ClinicalTrials.gov.

Here's a first look at NBC's streaming service Peacock on iPhone

Created: Tue, 14 Jul 2020 16:40:29 GMT

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Peacock's app launches for everyone on Wednesday for iPhone, Android, Apple TV, Xbox, Cox cable boxes and LG and Vizio smart TVs.

A squirrel has tested positive for the bubonic plague in Colorado

Created: Tue, 14 Jul 2020 16:26:35 GMT

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A squirrel in Colorado has tested positive for the bubonic plague, also known as the "Black Death," according to local health authorities.

Amazon launches neighborhood health clinics for warehouse workers

Created: Tue, 14 Jul 2020 15:47:36 GMT

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Amazon expects to open 20 clinics in five cities as part of an initial pilot program.

The two sides of the Chinese market's head-spinning recovery rally

Created: Tue, 14 Jul 2020 13:31:13 GMT

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Investment experts go head to head in breaking down the Chinese market's rapid return to two-year highs.

Jaime Harrison on young voters and his plan to beat Trump ally Lindsey Graham

Created: Tue, 14 Jul 2020 13:14:13 GMT

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Jaime Harrison is running against Lindsey Graham for a U.S. Senate seat in South Carolina. From remote learning to coronavirus relief and marijuana, the 44-year-old Democrat says his state needs a senator in touch with the 21st century.

When it comes to public vs. private schools, some families may choose based on reopening plans

Created: Tue, 14 Jul 2020 12:30:01 GMT

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With parents eager to see their children back in the classroom, choosing the right school may come down to more than just the type of the education offered.

Stocks making the biggest moves in the premarket: JPMorgan, Delta, Alphabet, Ford, Tesla & more

Created: Tue, 14 Jul 2020 12:39:15 GMT

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The stocks making the biggest moves in premarket trading include JPMorgan, Delta, Alphabet, Ford, Tesla, and more.

Wells Fargo shares tumble 5% after posting $2.4 billion loss, dividend slashed to 10 cents

Created: Tue, 14 Jul 2020 16:33:27 GMT

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Wells Fargo posted its first quarterly loss since the financial crisis on rising provisions for defaults tied to the coronavirus pandemic.

3M partners with MIT researchers to develop U.S.-backed rapid coronavirus antigen test

Created: Tue, 14 Jul 2020 12:35:43 GMT

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The device, which is in the early stages of development, would function much like a pregnancy test, said Cathy Tarnowski, senior technical manager at 3M.

Delta cuts summer flying as demand stalls due to coronavirus, posts $5.7 billion quarterly loss

Created: Tue, 14 Jul 2020 16:03:47 GMT

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Delta deepened its losses because of the coronavirus pandemic.

Cashing in on coronavirus: Small biopharma company NanoViricides sees stock soar on treatment claims

Created: Tue, 14 Jul 2020 15:32:39 GMT

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As the coronavirus was spreading in China, a small biopharma company, NanoViricides, claimed it was close to clinical trials for a treatment. A CNBC investigation found the 15-year-old company has never tested a product in humans or made any revenue.

JPMorgan shares jump after record trading revenue drives stronger-than-expected second quarter profit

Created: Tue, 14 Jul 2020 14:03:46 GMT

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"Despite some recent positive macroeconomic data and significant, decisive government action, we still face much uncertainty regarding the future path of the economy," CEO Jamie Dimon said.

Burger King is selling a burger made from cows on low-methane diet

Created: Tue, 14 Jul 2020 10:00:02 GMT

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Burger King is selling a Whopper patty made from cows on the low-methane diet at selection locations.

Amazon is rolling out grocery carts that let shoppers skip checkout lines, bag their groceries and walk out

Created: Tue, 14 Jul 2020 16:49:29 GMT

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The smart shopping carts, called Dash Carts, are launching at Amazon's Los Angeles-area grocery store in 2020.

Treasury yields decline for a second day on rising concerns about the economy

Created: Tue, 14 Jul 2020 13:10:26 GMT

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Treasury yields retreated for a second day on Tuesday as a continued surge of coronavirus cases stateside tempered hopes of a smooth economic recovery.

Tesla cuts Model Y price and cancels standard range version

Created: Tue, 14 Jul 2020 13:49:32 GMT

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The Model Y moves indicate demand for Tesla's electric vehicles is flagging in the U.S., said Vicki Bryan, CEO of investment research firm Bond Angle.

Seattle Children's Hospital plans to close its daycare center, highlighting a growing problem for health care workers

Created: Tue, 14 Jul 2020 17:32:17 GMT

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Hospitals across the country have taken major hits to their bottom line during the Covid-19 pandemic, while healthcare workers face an especially grave challenge finding childcare because of their long shifts and essential-worker status.

Don't stop the presses: Judge gives green light to Mary Trump book

Created: Tue, 14 Jul 2020 00:58:43 GMT

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Mary Trump's tell-all book goes on sale on Tuesday.

Ford unveils new Bronco as off-road, open-air Jeep rival for under $30,000

Created: Tue, 14 Jul 2020 15:10:04 GMT

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Ford is squarely positioning the new Bronco SUV against the Jeep Wrangler, which dominates off-road vehicle sales and supports a profitable accessory business for Fiat Chrysler.

SoftBank hires Goldman Sachs to explore sale options for chip designer Arm after getting inbound interest, sources say

Created: Mon, 13 Jul 2020 23:08:01 GMT

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SoftBank has been working toward an initial public offering of Arm Holdings more than a year from now but has received inbound interest in a potential acquisition, sources say.

Tech companies are ending leases and consolidating offices as remote work is here to stay

Created: Mon, 13 Jul 2020 23:23:41 GMT

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Start-ups are letting leases expire, and bigger companies are downsizing in favor of smaller, satellite offices as employers prepare for a future of distributed work.