Thousands of Royal Caribbean crew members remain at sea during the pandemic. Why is it taking so long to get them home? Frankly, it’s a difficult thing to do. It’s very complicated. It’s also very expensive.” CEO Richard Fain told seemacnbc earlier.
Facebook CEO Mark Zuckerberg at the F8 Facebook Developers conference on April 30, 2019 in San Jose, California.2:28 p.m. ET — Facebook will ramp up its hiring of remote workers and allow certain existing employees to continue working remotely moving forward after coronavirus restrictions ease, CEO Mark Zuckerberg said.
The company expectsas a result of this decision, Zuckerberg said. Moving forward, employees who meet specific criteria and are interested in permanently working remotely will be able to request that approval. Employees who move to permanent remote work and relocate may have their salaries adjusted based on their new locations, Zuckerberg said.Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai, China, January 7, 2020.2:22 p.m. ET — While the pandemic has introduced greater economic uncertainty for many Americans, some of the country's richest individuals have only added to their wealth. U.S. billionaires grew their fortunes by $434 billion between mid-March and mid-May, with CEOs like Tesla's Elon Musk and Facebook's Mark Zuckerberg nearly doubling their individual net worth, Amazon's Jeff Bezos also saw his wealth surge by 31% to $147 billion, illustrating how the pandemic has favored large, tech-focused companies. —2:12 p.m. ET — Economists were hoping the number of Americans continuing to receive unemployment benefits would flatten out or even dip in the latest government weekly report. But the fact it rose by 2.5 million to 25 million, for the week ending May 9, suggests state reopenings or government aid to small business wereThe continuing unemployment data trails by one week data on new claim filings, which totaled 2.4 million in the week ending May 16, down slightly from 2.7 million the week earlier. Jefferies economists said the claims data suggests that the employment picture in May was worse than expected, and their model shows job losses of 10.3 million for the month. That number is not their official forecast, as they await more data. They expect a hiring rebound in June. —Will Smith and Kevin Hart pose backstage at the 2016 MTV Movie Awards at Warner Bros. Studios on April 9, 2016 in Burbank, California.1:59 p.m. ET — Run The World, a platform for hosting online events, hasCo-founded by former Facebook employee Xiaoyin Qu, the company has seen a hundredfold climb in users in the last three months alone. The firm's headcount also doubled over the last two months. The start-up's Series A round was co-led by Andreessen Horowitz and Peter Thiel's Founders Fund, while Smith and Hart also participated through their venture funds. The celebrities "are passionate about the mission of using online events to connect people and build communities," Qu told CNBC. "We believe their guidance can be very critical for Run The World to create this new category of engaging online events that the world is seeing for the first time."Tesla HR tells employees they are returning to 'normal operations' at car and battery factories this weekreturning to "normal operations," and resuming its regular attendance policy this weekElon Musk's electric vehicle company will be giving employees the option to take unpaid leave until May 31, with HR approval, if they are worried about exposing a household member to Covid-19. Tesla wound down operations at its U.S. car plant in Fremont as of March 24, under local health orders. But at Musk's behest, Tesla resumed vehicle manufacturing at the factory the weekend of May 9 in defiance of the health orders.NY Gov. Cuomo: Schools should plan as if they are reopening in September, but it's too early to decide Governor Cuomo makes an announcement and holds briefing on COVID-19 response at Feinstein Institute for Medical Research.public schools should begin preparing to reopen this fallThe state plans on issuing guidelines to schools in early June on what they will need to do in order to reopen. "The state will approve those plans in July, all in preparation for an opening in September," Cuomo said at a news briefing. As the number of cases of a new Covid-19 complication in kids continues to rise, reopening schools remains an uncertainty. The governor said further research into the disease is needed before a decision can be made about summer camps and schools in the fall. —1:28 p.m. ET — The National Hurricane Center is predicting an above-normal Atlantic season, with up to 19 named storms, three to six of which could become major hurricanes. The forecast is further complicating the job for the country's disaster response officials, who are already dealing with the coronavirus outbreak. Agencies across the country are being forced to adjust how they would typically respond to future catastrophes"How do we care for what could be tens of thousands of people in need of a major evacuation in a major hurricane?" said Trevor Riggen, senior vice president for disaster cycle services for the American Red Cross. "We know we're going to have to open a shelter at some point, and so we've been working to adjust our protocol to make sure we can open safe shelters." The Red Cross, FEMA and state agencies are stockpiling personal protective equipment and creating new protocols including temperature checks as well as designating isolation areas for any evacuees who are showing symptoms of Covid-19. Jared Moskowitz, Florida's head of emergency management, told CNBC the state is deploying an app to help track and distribute necessary PPE items, including masks. —A customer looks at a newly purchased Toyota Motor Corp. vehicle at the Brent Brown Toyota dealership in Orem, Utah, on Monday, April 6, 2020.1:07 p.m. ET — The coronavirus pandemic has upended auto sales, andDealers and automakers are changing business strategies and investing millions in new digital sales tools as consumers demand more online and personalized services. That doesn't mean showrooms won't be needed going forward. It'll just be different, including new sanitization processes and a larger combination of online and in-person sales, according to officials. "For digital, this whole disruptive period with corona is an inflection point from which there's no turning back," Mike Jackson, chairman and CEO ofWhat that means for consumers is being able to choose how much or how little of the process they want to conduct online. That includes scheduling a test drive or delivery of a vehicle to appraising a trade-in and getting prequalified for financing. More importantly, it should result in less, if any, time waiting at dealerships and flexible options such as having the vehicle picked up or delivered – something Tesla Motors and other newer auto retailers such asMcConnell says new unemployment benefit will not get extended Senate Majority Leader Mitch McConnell, a Republican from Kentucky, speaks during a news conference following the weekly Senate Republican caucus luncheon in Washington, D.C., U.S., on Tuesday, May 19, 2020.12:44 p.m. ET — Senate Majority Leader Mitch McConnell told House Republicans that the, a source familiar with his remarks said. The enhanced unemployment insurance, passed as part of the $2 trillion rescue package in March, aims to provide a financial backstop as shutdowns designed to slow the pandemic led to more than 38 million people filing jobless claims since March. Last week, House Democrats approved a bill that would extend the strengthened unemployment insurance through January. The disagreement reflects a broader partisan divide over how and when to use more federal money to try to blunt the economic crisis created by the outbreak. —New York City mayor says 'all roads are leading' to begin reopening in first half of June A travel direction sign is seen in Bryant Park during the coronavirus pandemic on May 20, 2020 in New York City.in the first half of June as the number of people admitted to the city's hospitals and those currently in intensive-care units for Covid-19 continues to decline, Mayor Bill de Blasio said. The percentage of people citywide testing positive for Covid-19 has remained below 15% for 10 days now, he said. For more than a week, the city has been around or below the annual average for people administered to the hospitals for the category of diseases related to the coronavirus, which is "very powerful," De Blasio said. "I want to signal as clear as a bell, all roads are leading to the first half of June. The city indicators, the state indicators, we're seeing very clear progress," de Blasio said at a press conference. Phase one of the state's reopening plan would allow for curbside pickup and in-store drop off at retail stores and the resumption of construction and manufacturing jobs. New York City has met four of the seven health criteria required by the state to begin its phased reopening. —Contactless temperature-checking kiosks are coming. Here's what it's like to use one 10:57 a.m. ET — As states begin to reopen, venues like movie theaters, theme parks and sports stadiums are looking for ways to keep staff and visitors safe. Part of that strategyHowever, for venues that typically have large crowds, trying to do mass temperature checks can be an overwhelming undertaking. To handle that, tech companies IntraEdge and Pyramid have created a contactless kiosk that can check the temperature of up to 1,500 people per hour. A kiosk called "Janus" uses thermal imaging technology to scan a person and determine if their temperature is above the allowed 100.4-degree mark set by the Centers for Disease Control and Prevention. This camera has an error margin of less than one-tenth of a degree Fahrenheit. The kiosk encrypts the result and sends it to the user's phone, but will show on the screen whether they have been granted access to the venue. These units cost around $7,500 each and can be deployed by a venue within four to six weeks of ordering. —April home sales plunge nearly 18%, while drop in inventory pushes prices to record high. Sales of existing homes fell 17.8% month-to-month to the slowest pace in 9 years, according to the National Association of Realtors. The supply of homes for sale hit a record low for April, as fewer people listed their homes, and those already on the market pulled their listings. That pushed the median price of an existing home to a record high of $286,800. —10:44 a.m. ET — President Donald Trump's former lawyer Michael Cohen became the latest high-profile federal prisoneras part of an effort by officials to reduce the risk of coronavirus among inmates. Cohen, 53, joins former Trump campaign manager Paul Manafort and the controversial attorney Michael Avenatti in being freed in recent weeks due to Covid-19 concerns. Cohen, who pleaded guilty to financial crimes and felonies related to hush-money payments to women who claim they had sex with Trump, will serve the remaining part of his three-year prison term at his apartment in Manhattan. Cohen's release originally was expected on May 1 but was delayed for unknown reasons after reports that he is writing a tell-all book about Trump that is planned for release before the 2020 presidential election. Cohen's sentence is due to end in November 2021. —A TSA officer wears a protective mask while screening travellers at Orlando International Airport. In the past 14 days across the nation, 58 TSA screening officers have tested positive for COVID-19, including 9 in Orlando.10:36 a.m. ET — Travelers headed to U.S. airports in the coming weeks will have toat security checkpoints and face longer lines, under new procedures aimed at curbing the spread of Covid-19, the Transportation Security Administration said. Air travel, which normally picks up in the late spring before peaking in July, is starting to recover from more than six-decade lows hit in April, a slump driven by the virus and measures to avoid it like stay-at-home orders. Air travel, even with the recovery, is still down 92% compared with last year, but TSA is urging passengers to arrive at the airport early because of some new screening protocols and staffing changes. Travelers will also have to put their carry-on food in a clear plastic bag to avoid setting off an alarm, lessening the chance a TSA officer will have to touch their items. TSA Precheck members do not need to remove items from their bags. TSA is also telling travelers to wear a mask, which major U.S. airlines have mandated for crew members and passengers, though carriers have stopped short of forcing travelers to wear masks on board. Six TSA employees have died from the virus, while 590 have tested positive and 386 of them have recovered. —10:32 a.m. ET — New Jersey hopes to reopen gyms, barbers, indoor restaurants and other nonessential businesses that remain shutteredNew Jersey, which is the second hardest-hit state in the country in terms of Covid-19 cases, has taken a more cautious approach to reopening than some other states that have not seen as large of outbreaks. Retail businesses in the state were allowed to reopen for curbside pickup on Monday and the state will open its beaches Friday for Memorial Day Weekend. "We chose to rip the band-aid off the economy, which has been extraordinarily painful for job loss, for small businesses, for many of our sectors," Murphy said. "This is a delicate balance without question." —
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