Gargiulo Produce opened in 1929 as a vegetable cart going door to door to sell food. Now, the company sells online to survive the coronavirus shutdown.
States reopen, jobless claims top 30 million, death toll tops Vietnam War and tech earnings take a hit. Here is the week in brief and CNBC's best deep dives.
Business owners who successfully got loans during the second round of the Paycheck Protection Program describe the emotional roller coaster of the process.
In reopening plants, automakers face worker safety issues and must abide by local mandates, which Tesla CEO Elon Musk highlighted earlier this week. Then there are more complex problems.
After weeks of intense speculation about the health of Kim Jong Un, state news agency KCNA said on Saturday the North Korean leader attended the completion of a fertilizers plant.
Russia raised oil and gas condensate output in April to 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfax reported on Saturday, before it makes cuts this month under a global supply pact.
French bank Societe Generale expects to have to provision around $3.88 billion-$5.55 billion this year because of losses due to the coronavirus crisis, its CEO said Saturday.
The U.S. government last month sped $30 billion in stimulus payments to most healthcare providers that billed Medicare last year, but that speed resulted in taxpayers' money flowing to some companies and people facing civil or criminal fraud investigations, Reuters reports.
British aero-engine maker Rolls-Royce Holdings is considering cutting up to 15% of its workforce, a source told Reuters, as customers cut production and airlines park planes due to the coronavirus pandemic.
On Friday, Tesla braced its furloughed U.S. employees for at least another week of unemployment, wrapping up a wild week that included expletives and wild tweets from CEO Elon Musk.
"'Sell in May and go away' is suboptimal advice, people, but this May, it just so happens that the market's run too much versus the fundamentals," the "Mad Money" host said.