CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, the latest development in Hertz's bankruptcy rally saga — the rental car company calls off a planned $500 million stock sale. Plus, CNBC's Courtney Reagan dives into the sales numbers of one under the radar company that is crushing the competition in the new stay-at-home economy.
If millennials once piled into the cities, fueling downtown renewal and growth, apparently they are now piling out. The stay-at-home orders brought on by coronavirus have more potential homebuyers looking for properties in the suburbs. Millennials are now the largest cohort of buyers.
The police killing of Breonna Taylor in Louisville came months before police killings of two other Black people, George Floyd and Rayshard Brooks, led to criminal charges.
President Donald Trump said some Americans might wear face masks not as a way to prevent the spread of coronavirus but as a way to "signal disapproval of him."
Democrats have called for sending Americans a second round of $1,200 stimulus checks. But the next move by Congress should be more targeted to individuals and families who really need financial help, experts say. Here's some strategies that may work better.
"It's just part of what we have to do in order to survive this and get through this and keep businesses open, because a second closure is just going to be a dramatic negative impact to this economy," billionaire mall owner Rick Caruso told CNBC.
Major League Baseball Players Association executive director Tony Clark said players sent a 70-game season proposal to team owners as the two sides look to start its 2020 season suspended by Covid-19.
The Supreme Court ruled against President Donald Trump on Thursday in a set of cases over his effort to end the Obama-era immigration program known as Deferred Action for Childhood Arrivals, or DACA.
The coronavirus has accelerated the move to remote work, and it is here to stay, with some big implications for workers and workplaces, according to Honeywell, Genpact CEOs.
As casinos have reopened, coronavirus cases have started spiking in Clark County. Gaming regulators are changing the rules regarding face coverings for players facing dealers, but are opting not to mandate masks for all casino guests.
Heal, a five-year-old start-up that provides doctor-on-call visits and telemedicine is backed by such celebrities as Lionel Richie and Jeb Bush. Its services are in demand during the Covid-19 crisis. The company made CNBC's 2020 Disruptor 50 list, revealed Tuesday.