World Business News | CNBC

Coronavirus live updates: Eli Lilly starts world's first human trial of potential antibody treatment

The coronavirus has infected more than 6.19 million people around the world as of Monday, killing at least 372,479 people.

Source: Business News | 2 Jun 2020 | 1:09 am(NZT)

Protests across the U.S. prompt concerns over exacerbating the world's worst coronavirus outbreak

Black Americans already make up a disproportionate share of the deaths in the U.S. caused by the coronavirus as underlying conditions, income inequality and disparity in access to health care have exacerbated the outbreak in the black community.

Source: Business News | 2 Jun 2020 | 1:02 am(NZT)

Merck CEO Kenneth Frazier: George Floyd 'could be me'

Merck CEO Ken Frazier said that leaders in the business community can be a "unifying force."

Source: Business News | 2 Jun 2020 | 1:00 am(NZT)

Eli Lilly starts human study of a potential coronavirus treatment

Eli Lilly said on Monday patients have been dosed to test its potential antibody treatment designed to fight COVID-19, caused by the new coronavirus.

Source: Business News | 2 Jun 2020 | 12:58 am(NZT)

5 things to know before the stock market opens Monday

Dow futures were up and down Monday even as violent protests in major cities over racial inequality and police brutality added to coronavirus uncertainty.

Source: Business News | 2 Jun 2020 | 12:47 am(NZT)

BET founder Robert Johnson calls for $14 trillion of reparations for slavery

"Now is the time to go big" to keep America from dividing into two separate and unequal societies, Robert Johnson said in a CNBC interview.

Source: Business News | 2 Jun 2020 | 12:40 am(NZT)

Anthony Fauci on Covid-19 reopenings, vaccines, and moving at 'warp speed'

Source: Business News | 2 Jun 2020 | 12:34 am(NZT)

China reportedly says Trump's plan to sever ties with WHO shows U.S. has become 'addicted to quitting'

Since his inauguration, Trump has espoused the need for his administration to take an "America First" approach to foreign policy.

Source: Business News | 2 Jun 2020 | 12:32 am(NZT)

Winter is coming: Health experts are worried about an uptick of coronavirus cases in the Southern Hemisphere

In winter, people tend to spend more time indoors clustered together, with less ventilation and less personal space than in summer.

Source: Business News | 2 Jun 2020 | 12:29 am(NZT)

Russians claim to have an effective treatment for the coronavirus, which hospitals will start using this month

Preliminary trials are said to have shown that it could shorten recovery times for patients with Covid-19.

Source: Business News | 2 Jun 2020 | 12:18 am(NZT)

Global CFOs more negative on economy and expect big coronavirus hit to their company in 2020: Survey

Companies are not issuing financial guidance, but CFOs of major corporations are increasingly certain of a coronavirus negative impact in 2020, according to the Q2 CNBC CFO Council Survey.

Source: Business News | 1 Jun 2020 | 11:53 pm(NZT)

Global cases top 6.1 million; China says U.S. 'addicted to quitting' after WHO withdrawal

The coronavirus has infected more than 6.1 million people around the world as of Monday, killing at least 372,116 people.

Source: Business News | 1 Jun 2020 | 11:51 pm(NZT)

Here's what happens to your frequent flyer miles if an airline goes bankrupt

Airline loyalty programs began in the early 1980s as a promotional gimmick but now they are a big moneymaker for U.S. carriers. While frequent flyer members can earn points based on the type of ticket purchased, most miles today are earned by doing things other than traveling.

Source: Business News | 1 Jun 2020 | 11:30 pm(NZT)

As retail ETF paces for best quarter ever, traders say some of its best-performing stocks can keep rallying

With the SPDR S&P Retail ETF (XRT) tracking for its best quarter on record, two traders share their bull cases for retail despite a slowdown in consumer spending.

Source: Business News | 1 Jun 2020 | 10:52 pm(NZT)

Jaws returns, as Universal Studios Japan to reopen this month

Universal Studios Japan said on Monday its theme park in Osaka would open later this month for the first time since closing in March due to the coronavirus.

Source: Business News | 1 Jun 2020 | 9:51 pm(NZT)

Delta, union working to avoid furloughs of 2,300 pilots

Delta Air Lines and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying.

Source: Business News | 1 Jun 2020 | 9:50 pm(NZT)

U.S. withdrawal decision is 'disappointing' and 'inexplicable,' WHO special envoy says

"We've now got the biggest communicable disease challenge that I've ever known, and we really need every single nation working together on it, including the U.S.," said the World Health Organization's special envoy for the coronavirus.

Source: Business News | 1 Jun 2020 | 9:09 pm(NZT)

A private survey shows China's manufacturing activity unexpectedly expanded in May

A private survey showed manufacturing activity in China expanded for the month of May with the Caixin/Markit Manufacturing Purchasing Manager's Index coming in at 50.7.

Source: Business News | 1 Jun 2020 | 8:27 pm(NZT)

Protests could accelerate spread of coronavirus, experts say

The large gatherings protesting the death of George Floyd could cause a catastrophic setback for controlling COVID-19 in the U.S. as cities and states try to reopen, NBC News reports.

Source: Business News | 1 Jun 2020 | 2:49 pm(NZT)

What wealthy independents, a key swing vote, think about Trump, Covid-19 and the economy

Independents are a key voting bloc in the 2020 election. Here is what millionaires among these swing voters think about President Trump, the coronavirus, and the economy.

Source: Business News | 1 Jun 2020 | 5:33 am(NZT)











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