CNBC Top Stories

Dimon is recovering after having emergency heart surgery to repair an acute aortic dissection.

CNBC's Jim Cramer recalled Warren Buffett's iconic long-term investment advice from the 2008 financial crisis and relayed what it means for the market today.

Microsoft's new policy will give normal pay to people who work for third companies but provide services like bus rides for Microsoft employees.

Performance technology company Hyperice announced it acquired NormaTec, makers of a popular leg recovery system used by professional athletes.

As of Thursday, more than 95,700 cases of coronavirus have been reported, resulting in at least 3,280 deaths.

Costco reported stronger sales than analysts were expecting Thursday, thanks in part to a boost the company received from consumers stocking up at its stores to prepare for a more widespread outbreak of a new coronavirus.

Gap Inc. has tapped its Old Navy chief Sonia Syngal to be CEO, effective March 23, the company announced Thursday afternoon.

"Apps with information about current medical information need to be submitted by a recognized institution," Apple said in a screenshot seen by CNBC.

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.

Starbucks warned investors on Thursday that store closures in China due to the coronavirus outbreak are likely to result in a 50% decline in its same-store sales in China during its fiscal second quarter.

"9/11 wasn't an economically driven issue for travel. It was more fear, quite frankly, and I think that that's really what's manifested this time," Southwest CEO Gary Kelly said.

The move is the most high-profile example to date of steps banks are taking to protect workers and prevent disruptions amid the coronavirus outbreak.

Check out the companies making headlines after the bell.

Thursday's slump comes after days of wild swings on Wall Street, which saw the Dow moving 1,000 points or higher twice in three days.

Facebook will remove political ads posted on its service if they contain misinformation related to the coronavirus, a company spokesman told CNBC on Thursday.

"The supply chain is very, very robust, and we're well-practiced in the muscle of disaster relief," Southeastern Grocers CEO Anthony Hucker said.

General Motors wants to make it a two-horse race between itself and Tesla with its next-generation of all-electric vehicles starting next year.

Health officials said they were unable to determine the source of the infections.

Sanders will focus more on beating Joe Biden in the 2020 Michigan Democratic primary, after Biden dominated in Southern states on Super Tuesday.

Greycroft chairman Alan Patricof said he hasn't been actively trimming his personal stock positions during the market sell-off.