Kristen Scholer, Hive editor Jon Kelly, and the VF Hive panel discuss the top five stories of the week in technology, politics in business. Nick Bilton reports on his story about Donald Trump's threats to devalue the social media platforms that gave him his rise.
Nick also weighs in on early Facebook executive Chamath Palihapitiya's assertion that social media is tearing society apart. Scholer, Kelly and Bilton discuss whether that's true, and whether Facebook and Twitter will reach an inflection point.
Hive panelist Bess Levin talks about the latest trouble in Trumpland, with commerce secretary Wilbur Ross being accused of insider trading. Abigail Tracy reports on her story about Nikki Haley's potential political ambitions in 2020.
T.A. Frank winds up the Hive 5 with his analysis of the recent Senate Special Election in Alabama. Frank and the panel discuss Roy Moore's defeat and unlikely victory for Democrat Doug Jones. They cover the potential for future Democratic victories in Alabama, as well as Charles Barkley's message to the state prior to the election.
New York state will extend its stay-at-home restrictions at least through May 15. Gov. Andrew Cuomo said Thursday that transmission rates still need to be tamed as he prolonged the restrictions that have left most New Yorkers housebound.
Stocks are mixed in early trading on Wall Street after the government reported that 5.2 million more people filed for unemployment benefits last week, which was not quite as many as had been feared.
Another 5.2 million people filed for unemployment in the week ending April 11, according to a U.S. Department of Labor report released Thursday morning.
President Donald Trump says he’s prepared to announce new guidelines allowing some states to quickly ease up on on social distancing. At same time, though, business leaders are telling Trump they need more coronavirus testing and personal protective equipment before people can safely go back to work.
The IRS announced on March 21 that the federal income tax filing deadline has been pushed to July 15, 2020, due to the impact of the coronavirus pandemic.
Selling swept Wall Street after a dismal lineup of reports made clear how historic the coronavirus crunch has been for the economy. Markets are already bracing for what’s forecast to be the worst downturn since the Great Depression, but Wednesday’s data was even more dispiriting than expected.
John Stanton, co-founder of the Save Journalism Project, told Cheddar that the widespread cost-cutting and layoffs will have a long-term impact on the health of journalism.
Sen. Chris Murphy (D-Conn.) on Wednesday told Cheddar that he is officially endorsing former vice president Joe Biden as the Democratic nominee for the presidency.
"Shark Tank" co-host and real estate mogul Barbara Corcoran has some tips on how to spend coronavirus stimulus checks wisely, now that they have begun landing in many bank accounts.
Top Chinese officials secretly determined they were likely facing a pandemic from a new coronavirus in mid-January, ordering preparations even as they downplayed it in public.
