Follow CNN Business Do Not Sell Pre-markets has a new look. Save a fortune on interest with these credit cards, Don't leave money on the table! These refi rates won't last forever--Act now! CNN News18 is India's most awarded English news channel that provides all breaking news, latest news on current events and more at News18.com. Hilton (HLT) is the latest hotel chain to reveal how crushing the coronavirus crisis is. Read more about retailers that might not survive coronavirus here, demand away from restaurants and cafeterias. "Our work is not done," New York Fed President John Williams told the Economic Club of New York in remarks delivered via a video conference. The increase makes the plant-based grounds available in over 1,000 supermarkets throughout the United States. A few companies thrived, and some may never recover. But the coronavirus pandemic, which has prompted a massive shift in demand away from restaurants and cafeterias to grocery stores, prompted an acceleration in Impossible Food's plans, the company said in a virtual press conference Thursday. We're watching Wall Street open modestly higher on Wednesday amid a mixed bag of economic and political news. It keeps you updated on any breaking news accessible from your smartphone. Its customers include Facebook (FB), Nordstrom (JWN) and Zillow (Z). Sears, once the nation's leading retailer, is now dying a slow, quiet death, Boeing's troubled 737 Max resumes flying passengers after nearly two years, Trump administration appeals court order blocking TikTok restrictions, 2020 was a dark year. Follow CNN Business Do Not Sell After-Hours Data as of Dec 24 Thursday’s Close: Dow +70.04 30,199.87 +0.23% Nasdaq +33.62 12,804.73 +0.26% S&P … Get a cashback card, Spend $500, get $200 fast with this top card, Another Amazon? Read more about retailers that might not survive coronavirus here. Watch the live digital show every Wednesday 12:45 p.m. to 1 p.m. CNN Business gehört zur Sendergruppe CNN. Starbucks warned last week that its upcoming earnings will be slashed in half because of the virus. Market indices are shown in real time, except for the DJIA, which is delayed by two … Follow CNN In total, Hilton expects revenue per room to decline as much as 25%. You can watch CNN News Live Stream 24/7 in Full HD. Just last week, the central bank rolled out a $2.3 trillion loan package. Follow CNN Business Do Not Sell U.S. Stocks See After-Hours Trading Data as of Dec 24 Thursday’s Close: Dow +70.04 30,199.87 +0.23% Nasdaq +33.62 … Acesse a CNN Brasil e acompanhe tudo sobre economia, indicadores do mercado financeiro, negócios, melhores investimentos, carreira e mais. Please enable JavaScript for a better experience. The coronavirus pandemic has forced companies to transition much or all of their workforces to remote working, making video conferencing and other communications tools essential. Impossible had already been planning a big push into retail this year. From CNN Business' Anneken Tappe Stocks are mixed in the early afternoon, with only the tech-heavy Nasdaq Composite clinging to its gains, up 0.5%. Some have shifted to being drive-thru only while other locations are offering to-go ordering with customers' drinks being handed out by employees at entryways. We cover the companies, personalities, and innovations that are driving business forward. All rights reserved. Welcome to CNN Business on YouTube. Occupancy rates in North America are hovering around 17% and 13% in Europe and the Middle East. Get the Latest news and updates on CNN for free. View the latest business news about the world’s top companies, and explore articles on global markets, finance, tech, and the innovations driving us forward. The S&P 500, a broader measure of the stock market, also pared its earlier gains and was flat. All times are ET. Try it now! Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. The Nasdaq Composite was the best performer out of the three this early in the session, up 0.8%. Most of the app's live streaming capabilities have been added to Twitter as features, and streams that were shared on Twitter will continue to be... OneWeb, a UK-based company racing to build a constellation of satell... ites to beam internet service to people back on Earth, completed its first launch since being bought out of bankruptcy earlier this year. Here's why, This vegan restaurant is actually opening locations during the pandemic, Make the Switch from a 30 to 15 Year Mortgage, Put your equity to work for you with a cash-out refi. Marble Ridge is one of Neiman's creditors. Stream CNN TV for free from the UK for breaking news, global headlines and your favorite CNN shows. Such drastic measures aren't confined to the United States. Williams also stressed that the Fed cannot act alone to help the economy back on its feet: "fiscal policy is also playing a critically important role," he said. Most stock quote data provided by BATS. US stocks closed higher on Thursday, clinging to gains despite a row of weak economic reports. Less than half an hour into the trading day, the Dow has pared its initial, modest gains and turned red. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. ET. In a regulatory filing, the company said that "travel restrictions and stay-at-home directives that have resulted in cancellations and significantly reduced travel around the world.". CEO Kevin Johnson told employees in an open letter that the initiative means "every community will continue to monitor the Covid-19 situation" and decide when to fully reopen their cafes depending on local conditions. Verizon (VZ) on Thursday announced the acquisition of video conferencing company BlueJeans, a competitor to Zoom and Cisco's (CSCO) Webex. "The improper actions taken to date by Neiman Marcus, its board of directors and the company's conflicted legal counsel have made the company's failure to meet its financial obligations entirely foreseeable and unavoidable," Marble Ridge said in the letter. Starbucks (SBUX) is adopting a "monitor and adapt" strategy to reopen some cafes in the US following their closures since mid-March. The Federal Reserve has launched a series of programs to support the financial system since the coronavirus pandemic arrived on America's shores and interest rates are now at zero. They are priced between $8.99 and $9.99 per 12-ounce package. Verizon also said the purchase will aid in its transition — and its business customers' transitions — to 5G. Disclaimer. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. And best for those who can’t afford cable expenses. 01:45 Reading between the Fed's 'Dots' 02:19 Janet Yellen: … Up until this week, the Impossible Burger grounds were available in over 200 grocery locations. Auf dieser Seite fassen wir alles zu Live … View business travel tips, trends and lifestyles. 5.2 million Americans filed for unemployment last week. Watch CNN live streaming Directly from United States with High definition video quality. 全世界20億人に伝えている世界最大のニュースブランド！CNNjは世界をリードするグローバルな24時間ニュースネットワークCNNインターナショナルの日本向け放送です。最新の国際ニュースからエンタメまで、CNNjでは英語と日本語の二カ国語放送など様々なサービスとともにご視聴いただけます。 The luxury department store is considering filing for bankruptcy to ease its $4.3 billion debt load, Bloomberg reported last month. Live from CNNMoney By CNNMoney Related Videos 00:44 Is the Fed more bullish than the public? Confira! Plus: Get the latest news on the most important investing stories of the day as they happen. CNN Business created a Coronavirus Markets Dashboard to help you track the stocks, sectors and indicators that are most affected by the pandemic. The index was driven lower by a more than 7% drop in Boeing (BA) shares. Stocks are mixed in the early afternoon, with only the tech-heavy Nasdaq Composite clinging to its gains, up 0.5%. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. … Neiman Marcus didn't pay the interest on its outstanding debt, according to a letter from Marble Ridge Capital obtained by CNN Business. The index was last down 0.6%, or some 150 points. Watch CNN News18 live tv online for breaking news and today's news headlines at News18.com. Around the World The Situation Room Legal View Anderson Cooper 360 State of From CNN Business' Danielle Wiener-Bronner. "We are finding new, innovative ways to serve our communities safely while working hard to exceed public health requirements and adjust to new customer expectations," Johnson said. Neiman failed to pay the coupon on an $81 million 8% unsecured bond and a $57 million 8.75% unsecured note, both due in 2021, according to Marble Ridge. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Can your employer make you get vaccinated? Follow CNN Business Most stock quote data provided by BATS. Factset: FactSet Research Systems Inc.2018. View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com. Central banks around the world have also stepped in to bolster their regional financial systems. This stock may have similar growth, You'll never guess who just put $91B on 1 5G stock, 5 must-have stocks under $49 could be worth $2.2T, This could be the biggest winner of the stock market crash, Want holiday cash? Weekly jobless claims showed another 5.2 million Americans filed for first-time unemployment benefits last week, bringing the total number of initial claims to around 22 million since mid-March. Shares are down 17% this year. cnn.com The Xbox Series S gives you a next-gen experience that doesn't disappoint for $299 After a prolonged period of rumors and teasers, Microsoft's duo of next-generation consoles — the Xbox Series X and the Xbox Series S — are officially official. The Dow , … Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The Dow, meanwhile, slid more than 220 points, or 0.9%. Impossible Foods, which makes the meatless Impossible Burger, is rolling out its flagship product in 777 Albertsons, Jewel-Osco, Pavilions, Safeway and Vons locations in California, Nevada and other states in the Midwest this week. Hilton, which has roughly 6,000 global hotels, has temporarily shut down 16% of its hotels. Getting through it will require "innovative thinking and bold action," he said. Live Updates Dow climbs after devastating jobs report: May 8, 2020 By CNN Business Updated 4:07 PM ET, Fri May 8, 2020 What we're covering here US … BlueJeans is an enterprise video conferencing service founded in 2009. 2. Destinations Food & Drink News Stay Video Search Menu 1 of 5 Business Traveller View business travel tips, trends and … CNN's Christine Romans rounds up a year like no other for business. The logistics behind transporting the vaccine, How the vaccine gets from the lab to your arm, Pharmacies prepare to give out Covid vaccines, 2020: The year the media split into 2 realities, McDonald's is putting cameras in dumpsters. Find real-time LYV - Live Nation Entertainment Inc stock quotes, company profile, news and forecasts from CNN Business. Pre-Market Trading See After-Hours Trading Data as of Dec 24 Thursday’s Close: Dow … The new network technology will provide increased opportunities for use of video tools. However, it's seeing early recovery in Asia: Occupancy levels have grown to 22%, up from 9% in early February. Der TV-Sender zeigt Börsen-News und viele weitere Inhalte rund um die Welt der Wirtschaft. Check out these bank bonus offers, Limited Time Only: Get $100 Bonus Offer (exp 12/31), Check out today's best checking account offers, Protect your money with today's top bank accounts, Avoid these 7 mistakes everyone makes hiring financial advisors, This startup is changing how people retire, 7 secrets everyone needs to know about financial advisors, Avoid these 5 retirement mistakes at all costs. On Tuesday, Marriott (MAR) issued similarly dire numbers. The economy is experiencing distress that nobody has seen in their lifetime. The BlueJeans acquisition will expand the suite of services Verizon offers to its business customers. The terms of the deal were not disclosed. These moments made it a bit brighter, England is finding new ways to crack down on unhealthy foods, New York Post to Donald Trump: Stop the insanity, Refi with no hidden fees/points -- as low as 2.23% APR (15yr), Here's what CNN readers plan to spend their relief payments on, Auto trends of 2020: Online buying, electric trucks and SUVs go off-road again, If you want to travel next year, you may need a vaccine passport, Alarming number of Americans travel for holidays, Airlines welcome back thousands of furloughed workers, United to offer free Covid testing on some routes, Heathrow is no longer Europe's busiest airport, Major CEOs signal Covid vaccine mandates could be on the way. Indices LLC 2018 and/or its affiliates roughly 6,000 global hotels, has temporarily shut down 16 of! In its transition — and its business customers except for the DJIA, has... Last forever -- Act now gains despite a row of weak economic reports accessible from your smartphone um Welt! 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