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cnbc wrote a new post, These stocks are holding up the best during this market correction, on the site US Stock Info 4 years, 9 months ago
Traders work on the floor of the New York Stock Exchange (NYSE) on January 21, 2020 in New York City. (This story is for CNBC Pro subscribers only.) Stocks tumbled for a sixth day, falling into correction territory, as the coronavirus-triggered sell-off intensified. While most stocks in the major averages have been battered, some are holding up better than others.
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cnbc wrote a new post, Wind has become the ‘most-used’ source of renewable electricity generation in the US, on the site US Stock Info 4 years, 9 months ago
Last year saw wind generation in the U.S. overtake hydroelectric generation for the first time, according to data from the U.S. Energy Information Administration (EIA). Released Wednesday, the figures from the EIA’s “Electric Power Monthly” report show that yearly wind generation hit a little over 300 million megawatt hours (MWh) in 2019. Wind now represents the “most-used renewable electricity generation source” in the U.S., the EIA said. Overall, total renewable electricity generation — which
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cnbc wrote a new post, The UK’s largest power plant to stop using coal next year, with up to 230 jobs lost, on the site US Stock Info 4 years, 9 months ago
Coal-fired electricity production at the U.K.’s largest power plant is expected to end in March 2021, energy firm Drax said Thursday, with the move leading to between 200 and 230 job losses. Drax Power Station — which is located near the town of Selby, North Yorkshire — has a capacity of 3,906 megawatts and generates approximately 18 terawatt-hours of power annually, according to the firm. The facility has six units: four which have been converted to generate power using what Drax describes as ”
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cnbc wrote a new post, A psychotherapist shares the 5 best parenting books for raising strong and confident kids, on the site US Stock Info 4 years, 9 months ago
But that’s not exactly true; it’s much easier to be a good therapist than it is to be a good parent. Like all parents, we’re doing the best we can to make sure our son Max grows up to be strong, confident and successful. ‘Peaceful Parent, Happy Kids: How to Stop Yelling and Start Connecting’By Laura Markham Laura Markman is a psychologist and the creator of popular parenting website AhaParenting.com. The “parenting anxiety” epidemic has gotten worse over the years, and it’s not doing our kids an
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cnbc wrote a new post, Elizabeth Warren wants to defund Trump’s border wall and use the money to fight coronavirus, on the site US Stock Info 4 years, 9 months ago
Senator Elizabeth Warren (D-MA) speaks at a campaign Get Out the Vote Event in Charleston, South Carolina, February 26, 2020. Sen. Elizabeth Warren, D-Mass., unveiled a bill Thursday to divert money from President Donald Trump’s border wall to the U.S. coronavirus response. As concerns rise about the outbreak spreading in the U.S., the 2020 Democratic presidential candidate argued the $1.25 billion in emergency funding sought by the president is inadequate. Warren is among the Democratic preside
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cnbc wrote a new post, Nancy Pelosi calls stock market plunge ‘disturbing’ as she pushes for coronavirus funding, on the site US Stock Info 4 years, 9 months ago
Speaker of the House Nancy Pelosi (D-CA) speaks at a press conference to announce the impeachment managers on Capitol Hill January 15, 2020, in Washington, DC. House Speaker Nancy Pelosi on Thursday called the stock market sell-off “disturbing,” and she criticized the Trump administration’s response to the global coronavirus outbreak and outlined conditions for emergency funding. “We want to instill confidence” and work to prevent the coronavirus in the U.S. “without panicking people about this,
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cnbc wrote a new post, Joe Biden is riding high in South Carolina. With Super Tuesday in 5 days, it might not be enough, on the site US Stock Info 4 years, 9 months ago
Joe Biden leaving a campaign event in Georgetown, South Carolina on Feb. 26, 2020. “South Carolina is the trajectory to winning the Democratic nomination!” South Carolina’s Democratic presidential primary on Saturday will be the most important event of the Biden candidacy to date. Black voters especially describe Biden as a known quantity, a candidate they have known and liked since his days with former President Barack Obama, or even earlier. He’s vague about how he’s going to make it happen.
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cnbc wrote a new post, An epidemic-themed game that shot to the top of the charts has been removed from Apple’s App Store in China, on the site US Stock Info 4 years, 9 months ago
IPhone users can no longer download a popular epidemic-themed smartphone game in China as the country is fighting the deadly COVID-19 coronavirus. CNBC has confirmed that it is not available for download on the Chinese App Store. The removal is certain to reignite a debate over whether Apple should remove apps from its App Store on the request of governments around the world. Plague’s creators said in statements that it was the most popular paid game in China for many years and that it was not d
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cnbc wrote a new post, Facebook cancels its annual developer conference amid coronavirus outbreak, on the site US Stock Info 4 years, 9 months ago
Facebook on Thursday announced its decision to cancel its annual F8 software developer conference due to concerns surrounding the COVID-19 coronavirus outbreak. The conference was scheduled to take place on May 5 and 6 in McEnery Convention Center in San Jose, California. In lieu of F8, Facebook said it plans to connect with developers through other means, including “through a combo of locally hosted events, videos and live streamed content.” This is the second conference that Facebook cancels d
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cnbc wrote a new post, Chinese censorship or ‘work elsewhere’: Inside Shutterstock’s free-speech rebellion, on the site US Stock Info 4 years, 9 months ago
Shutterstock employees who disagreed with the blacklist on free speech grounds kept asking about it at every big internal meeting. Shutterstock’s road to China began around 2014, when the company struck a deal with the Chinese social network ZCool Network Technology to exclusively distribute Shutterstock images. Last fall, employees at ZCool gave Shutterstock “feedback” that there was a Chinese government request to block politically sensitive searches, Garfield said. Getty spokesman Matt McKibb
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cnbc wrote a new post, Best Buy CEO says lessons it learned from tariffs are helping as it adapts to coronavirus, on the site US Stock Info 4 years, 9 months ago
Best Buy CEO Corie Barry said the company’s seen a dip in available inventory for some items as the coronavirus disrupts its supply chain, but she said its merchants are well prepared — especially after dealing with uncertainty around tariffs. The electronics retailer on its separate Thursday earnings call fielded numerous questions from analysts about the impact of the coronavirus outbreak. Best Buy factored supply chain disruption into its fiscal first-quarter and full-year guidance. Barry sai
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cnbc wrote a new post, This week’s stock shock is just the start of the economic pain if coronavirus hits American wallets, on the site US Stock Info 4 years, 9 months ago
Jennifer Gauthier | ReutersThe stock market correction shows the virus doesn’t need to be rampant in the U.S. to start wearing down consumers’ psyches. Revising forecastsThe International Monetary Fund is already considering lowering its global growth forecast. And Goldman Sachs issued a note Thursday saying the firm is estimating U.S. companies will generate no earnings growth in 2020. “In that way, it is an economic pandemic that is suppressing global growth. It could even push global growth .
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cnbc wrote a new post, JPMorgan says buy the dip, bank on Fed ‘insurance’ cuts, on the site US Stock Info 4 years, 9 months ago
Traders work at the New York Stock Exchange in New York, the United States, on Jan. 8, 2020. For investors struggling to see an end to this market mayhem, JPMorgan said it’s time to buy the dip as the bank believes the coronavirus impact is “likely temporary” and the Federal Reserve will come to the rescue. JPMorgan is sticking with its bullish market forecast, with a year-end S&P 500 target of 3,400, betting on “potential Fed insurance cuts” to lift stocks. Amid the market rout, traders are inc
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cnbc wrote a new post, CDC oversight ironically limits coronavirus testing in US: Harvard prof, on the site US Stock Info 4 years, 9 months ago
CDC oversight ironically limits coronavirus testing in US: Harvard profMichael Mina, assistant professor of epidemiology at Harvard School of Public Health, joins ‘Closing Bell’ to discuss coronavirus.
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cnbc wrote a new post, The Fed will ease monetary policy sooner than later: Evercore’s Guha, on the site US Stock Info 4 years, 9 months ago
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cnbc wrote a new post, Speculative stocks Virgin Galactic, Tesla and Plug Power are cratering, on the site US Stock Info 4 years, 9 months ago
Virgin Galactic slid 23.5%, while Tesla and Plug Power fell 12.8% and 14.9%, respectively. Earlier in the session Virgin Galactic and Tesla had been down further, before paring some of their losses. In the last week, Virgin Galactic is down 41%, while Tesla and Plug Power have lost 24.5% and 26.6%, respectively. Before this week’s slide, Virgin Galactic posted weekly gains of 18.10%, 51.51% and 10.38% in the last three weeks. Plug power makes environmentally friendly hydrogen fuel cell systems t
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cnbc wrote a new post, XPRIZE founder says that he looks for two qualities in every entrepreneur, on the site US Stock Info 4 years, 9 months ago
Diamandis, founder and executive chairman of the XPRIZE Foundation, has launched a slew of companies based on futuristic concepts like asteroid mining, human longevity and zero-gravity flights. The nonprofit foundation “has designed and operated seventeen competitions in the domain areas of Space, Oceans, Learning, Health, Energy, Environment, Transportation, Safety and Robotics,” according to its website. But he says no matter where technology goes, there are two timeless traits that every entr
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cnbc wrote a new post, These ‘stay at home’ stocks like Peloton and Netflix could provide a refuge from coronavirus plunge, says MKM, on the site US Stock Info 4 years, 9 months ago
Shares of technology companies that serve consumers at home could come out as a winner amid fears of a coronavirus outbreak in the United States. Netflix, Facebook, Amazon, Peloton, Slack and Zoom are among a handful of companies that MKM Partners identified could rise despite the broader market sell-off. What would people do if stuck inside all day?,” JC O’Hara of MKM Partners said in a note. U.S. stocks have been plunging this week on renewed fears that the coronavirus, COVID-19, will slow glo
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cnbc wrote a new post, 82% of college grads believe their bachelor’s degree was a good investment—but most would make this one change, on the site US Stock Info 4 years, 9 months ago
Over the past several decades, the cost of college has steadily climbed, causing a student debt crisis and creating a climate of skepticism about the true value of a college degree. But according to a new survey from college planning website BestColleges of 817 American adults who have actually earned a bachelor’s degree, 82% say their degree was a “good financial investment.” In 2018, college graduates earned weekly wages that were 80% higher than those of high school graduates, according to th
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cnbc wrote a new post, Corona will continue controversial promotion for hard seltzer amid coronavirus outbreak, on the site US Stock Info 4 years, 9 months ago
A worker stacks cases of Constellation Brands’ Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Daniel Acker | Bloomberg | Getty ImagesConstellation Brands will continue a marketing push for its new Corona Hard Seltzer after receiving backlash for a post it made on Twitter promising that new Corona hard seltzer flavors were “coming ashore soon.” Constellation stock was down nearly 6% Thursday afternoon amid a broader stock slump. Corona’s ad ‘Coming Ashore Soon.’
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