President Donald Trump said, without offering any evidence, that he has reason to believe that the coronavirus outbreak originated from a laboratory in China.
"I mean, Congress went out of its way to carve out businesses that have more than 500 employees but are restaurants, chain restaurants," ex-TARP watchdog Neil Barofsky told CNBC.
In a candid phone conversation with CNBC, Macy's CEO Jeff Gennette talks about working from home, the possibly of an industry bailout, shared sacrifice and the department store's chances of survival.
The New York-based retailer had already been struggling under a heavy debt load and a sales slump amid criticism it fell out of touch with its once-loyal customers. The coronavirus pandemic has worsened its woes
Bed Bath & Beyond continues to bolster its leadership team with fresh faces under recently appointed Chief Executive Mark Tritton, who is working to turn the ailing business around.
President Donald Trump is expected to deliver remarks Thursday on how his administration is protecting senior citizens, as the coronavirus pandemic continues to claim lives in the United States.
The harmful plastic debris has been pulled down by powerful deep-sea currents that create microplastic hotspots, a deep-sea equivalent of so-called garbage patches created by currents on the ocean's surface.
Global sea levels have risen 0.55 inches since 2003 due to ice melt in Antarctica and Greenland driven by climate change according to new data measurements from several NASA satellites.
Ford Motor expects to begin calling back salaried employees who have been working remotely due to the coronavirus pandemic beginning in late June, executives said Thursday.
New York City is suspending 24-hour subway service to disinfect subway cars during the coronavirus crisis, Mayor Bill de Blasio and Gov. Andrew Cuomo announced.
The state Department of Health, which regulates all funeral homes in the state, has been notified and an investigation is ongoing, NYPD spokesperson Denise Moroney said.
Macy's is planning to emerge from the coronavirus pandemic as a fraction of its former self, Chief Executive Officer Jeff Gennette told analysts Thursday, as he outlined the department store chain's plans to reopen stores in phases.