Starbucks' Howard Schultz sent a letter to Congress calling for the government to help small businesses before the coronavirus pandemic devastates them permanently. The letter was signed by 100 business leaders at companies from Google to Salesforce.
"What's needed is not another version of PPP. Again, good intent but it's the wrong medicine," Howard Schultz told CNBC.
Covid-19 has infected 2.5 million around the world as of Tuesday, killing at least 171,810 people.
"We must not only flatten the curve of the health crisis but we must begin to flatten the curve of economic despair," the billionaire former Starbucks CEO said Monday.
"I would have argued, if I were advising him, that he should have run as an independent," not a Democrat, says GOP insider Frank Luntz.
U.S. stock futures trim gains Friday morning, after the government reported weaker-than-expected August job growth.
Former Starbucks CEO Howard Schultz announced Friday that he will not run for president. CNBC's "Squawk Box" team reports.
Jeff Bezos growing ambitions beyond Amazon require him to give other top executives the chance to promote the company publicly.
"We'll see," billionaire entrepreneur Mark Cuban tells CNBC's Scott Wapner when asked about a 2020 presidential bid.
CNBC's Kate Rogers reports on Starbucks' fiscal second-quarter earnings.
"That's really the test," the billionaire says.
Asked about how he would market himself as a presidential candidate Schultz said: "I have not officially said that I am running for president. If you were going to give me credit, you'd have to say that I know a little bit about building a brand."
Rep. Alexandria Ocasio-Cortez was the star of the political track, attracting more interest Saturday than two senators, a former governor, a mayor and the former CEO of Starbucks.
President Donald Trump rose 51 spots in Forbes' annual ranking of billionaires, the magazine reported Tuesday, despite his net worth remaining the same since last year.
Berkshire Hathaway CEO Warren Buffett sat down with CNBC's Becky Quick to cover a wide range of political topics. He had the most to say about Democrats' prospects in 2020, and which potential candidate he would support.
In Monday's wide-ranging CNBC interview, billionaire Buffett also says it's been tough to beat the S&P 500 index.
CNBC's Becky Quick sits down with Berkshire Hathaway CEO Warren Buffett. The billionaire investor weighs in on Kraft Heinz, Apple, the financial sector and his own investment strategy.
Buffett weighs in on Schultz after saying he would endorse Mike Bloomberg if the former New York mayor chose to run in 2020.
In an interview with CNBC's Becky Quick, Berkshire Hathaway's Chairman and CEO Warren Buffett says he would support Michael Bloomberg for president. Buffett says he thinks Bloomberg would be a good president because he knows how to run things and he understand people and the markets. Buffett also addresses where he falls on the political ideological spectrum and how his views have changed over the years.
Buffett says he would support fellow billionaire and former three-term New York Mayor Mike Bloomberg for president.