A customer shops at Cliff’s Variety on June 16, 2020 in San Francisco, California. Justin Sullivan | Getty Images The U.S. economy has shown signs lately that it could be snapping back to life more quickly than many anticipated, but there’s still a long way to go. May’s burst of spending from consumers who had
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Crosschq CEO Mike Fitzsimmons Crosschq At a virtual board meeting in early March, Crosschq CEO Mike Fitzsimmons told directors of his online recruiting company that he was about to make an unexpected call to Slack. With fears of the coronavirus roiling capital markets and the economy on the verge of shutting down, Fitzsimmons wanted to
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook on Wednesday announced that it will now allow the public to track exactly how much U.S. senatorial and congressional candidates are spending on political ads on the company’s social networks. The company
Facebook CEO Mark Zuckerberg delivers the opening keynote introducing new Facebook, Messenger, WhatsApp, and Instagram privacy features at the Facebook F8 Conference at McEnery Convention Center in San Jose, California on April 30, 2019. Amy Osborne | AFP | Getty Images Facebook CEO Mark Zuckerberg on Tuesday announced the social network will allow its users
Customers use the digital screen to place an order at a McDonald’s restaurant. Joe Raedle | Getty Images The coronavirus pandemic led McDonald’s to scale back its menu and shelve any menu additions. Now, as the fast-food chain slowly reopens U.S. dining rooms, it’s looking to bring back some menu items, according to CEO Chris Kempczinski. “We will
Proteus Digital Health CEO Andrew Thompson Qin Chen | CNBC Proteus Digital Health has filed for Chapter 11 bankruptcy protection, according to a filing late Monday. The Silicon Valley company develops ingestible sensors that communicate when medicines are taken, plus a wearable patch that monitors the response. At one point, the “smart pill” maker was
[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants at the
Sen. Tim Scott (R-SC), the only African-American Republican senator, talks to reporters following the weekly Senate Republican policy luncheon in the Hart Senate Office Building on Capitol Hill June 09, 2020 in Washington, DC. Chip Somodevilla | Getty Images South Carolina Sen. Tim Scott, the Republican leading a group of GOP senators on police reform amid
An Orange County Convention Center employee replaces a sanitizer station ahead of the center’s reopening in July 2020. Source: Orange County Convention Center Today it might be hard to imagine a mass, indoor gathering with thousands of attendees. Yet that is the bread and butter of the convention and events industry, which was brought a
Protestors gather on University Ave near a Wendy’s restaurant, Saturday, June 13, 2020 in Atlanta. Steve Schaefer | Atlanta Journal-Constitution via AP The death of a 27-year-old man who died following a police shooting Friday night in the parking lot of a Wendy’s restaurant in Atlanta has sparked an investigation and protests. The shooting occurred
Demonstrators gather at the Lincoln Memorial during a protest against police brutality and racism on June 6, 2020 in Washington, DC. Win McNamee The public outcry over the death of George Floyd was sparked by cellphone footage of his brutal treatment by a white police officer who kneeled on his neck for nearly nine minutes.
A stack of 60 SpaceX Starlink satellites float in orbit above the Earth. SpaceX SpaceX updated the website for its Starlink satellite internet project on Friday, as the company continues to move closer to its goal of offering direct-to-consumer broadband from space later this year. “Get updates on Starlink news and service availability in your
Amazon workers at Amazon’s Staten Island warehouse strike in demand that the facility be shut down and cleaned after one staffer tested positive for the coronavirus on March 30, 2020 in New York. Angela Weiss | AFP | Getty Images The New York attorney general’s office has interviewed Amazon workers from a handful of facilities
An exterior view of Hertz Car Rental during the coronavirus pandemic on May 23, 2020 in New York City. COVID-19 has spread to most countries around the world, claiming over 343,000 lives with over 5.4 million infections reported. Cindy Ord | Getty Images Shares of Hertz surged Friday morning on unusual plans for the bankrupt
A bus driver in Detroit, March 24, 2020. Seth Herald | AFP | Getty Images Black Americans are disproportionately getting sick and dying from the coronavirus. It’s a plague that has laid bare, not just vulnerabilities in the U.S. hospital system, but gaping disparities in access to quality health care across minority communities. Black people
Longtime hedge fund manager Paul Tudor Jones on Wednesday critiqued the long-held belief that companies should exist for the sole purpose of generating profits. Jones, whose remarks came during a JUST Capital event with CNBC’s Andrew Ross Sorkin, said it’s that philosophy that allows corporate boards to neglect issues of equity in the workplace and ultimately
Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus attends a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland, February 28, 2020. Denis Balibouse | Reuters The World Health Organization’s top official said Wednesday the agency “could always do better” following confusing comments made Monday about asymptomatic transmission of
Charles Lieber, the chair of Harvard University’s chemistry and chemical biology department, is released from John Joseph Moakley United States Courthouse in Boston on Jan. 30, 2020. Jonathan Wiggs | The Boston Globe via Getty Images WASHINGTON — The Justice Department announced the indictment of a Harvard professor after he allegedly made false statements to federal