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Burr stepped down one day after FBI agents seized his cellphone as part of a criminal investigation into his stock sales during the early weeks of the coronavirus pandemic.

The White House would likely support a new round of stimulus checks, sources told CNBC on Thursday.

"[I'm] really encouraged by what I'm seeing," Planet Fitness CEO Chris Rondeau said as the budget gym chain reopens locations.

The U.S. Food and Drug Administration issued an alert on Thursday saying there is early data that suggests Abbott Labs' rapid coronavirus diagnostic test for Covid-19 may be delivering inaccurate results.

The coronavirus has infected more than 4.4 million people around the world as of Thursday, killing at least 300,315 people.

"Without more stimulus, I think you should just buy the big chains that can survive the lockdown and a slow reopening of the economy," the "Mad Money" host said.

Jim Cramer, host of "Mad Money," took some pointers from volatility expert Mark Sebastian to understand why the market could sell off more.

So far, Amazon has declined to disclose the number of employees who tested positive or died from Covid-19.

Check out the companies making headlines after the bell.

The New York Stock Exchange will reopen its trading floor to some brokers on May 26, following two months of closure due to the coronavirus pandemic.

Mexico will delay the restart of its "essential" manufacturing operations, including automotive, until June 1, the government said Thursday.

Peltz said that he has two new investments, is optimistic that a Covid-19 vaccine will be made and that he plans to vote to reelect Trump.

Nearly 4.6 million Californians have filed for unemployment claims since March 12, California Gov. Gavin Newsom said.

Disney's stage musical of the hit animated film "Frozen" has taken its final bow on Broadway amid the coronavirus pandemic.

Cuomo signed a "New York State on PAUSE" executive order on March 20 that closed nonessential businesses and ordered residents to adopt social distancing measures. That order will expire on Friday.

Gov. Gavin Newsom will propose a 10% pay cut for state workers on Thursday, according to two labor union leaders, part of his plan to fill a projected $54.3 billion budget deficit caused by the coronavirus-induced economic downturn.

The protections could make contact tracing systems more effective if they convince more Americans it's safe to have their data tracked.

"I think it'd be a bad precedent to compel a former president to come before the congress," Graham, a close ally of Trump's, told reporters on Capitol Hill.

The coronavirus pandemic hit households making less than $40,000 a year the hardest. Many are too strapped to pay their bills.