Disney is preparing to reopen one of its biggest cash generators – its Orlando, Florida, theme parks. Two traders still see trouble in store for the stock.
Nevada Gov. Steve Sisolak gave casinos the green light to reopen on June 4, and several, including Caesars Palace, Bellagio, MGM Grand and Wynn Resorts, have announced plans to resume operations then.
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 364,900 people across the state as of Thursday.
General Motors and Ford Motor are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the coronavirus pandemic.
Gov. Gavin Newsom has crafted himself as a data-driven governor, letting the facts dictate what has been a largely cautious approach to public safety amid the pandemic. Now some California health officials are wondering if that's still the case.
"I'm betting the field will be spread out by the time we get to the homestretch, and many of the current winners will fall behind," the "Mad Money" host said.