California Gov. Gavin Newsom on Monday ordered all counties in the state to close all bar operations and the indoor operations of businesses including restaurants, movie theaters and museums, as Covid-19 cases continue to climb.
Luckin Coffee has ousted co-founder and chairman Charles Zhengyao Lu and replaced him with Jinyi Guo, who will also be the chief executive officer, the embattled coffee chain disclosed on Monday.
OPEC+ production cuts have brought oil prices back from the brink, but the group will have to tread carefully to avoid triggering a new price collapse.
Two experimental coronavirus vaccines by German biotech firm BioNTech and U.S. pharmaceutical giant Pfizer have received the U.S. Food and Drug Administration's 'fast track' designation, the companies said on Monday.
More than 200 universities are backing a legal challenge to the Trump administration's new restrictions on international students, arguing that the policy jeopardizes students' safety and forces schools to reconsider fall plans they have spent months preparing.
Experts say Canada has done a pretty good job, ramping up PPE production and closing the borders, but could have done more with nursing homes and testing in Ontario.
The United States and Brazil accounted for half of the new daily coronavirus cases as countries across the globe struggle to contain their outbreaks, the World Health Organization said.
Disney heiress Abigail Disney is among the millionaires calling for governments to impose higher taxes on the wealthy to help fund the recovery from the coronavirus pandemic.
U.S. semiconductor maker Analog Devices said on Monday it offered to buy Maxim Integrated Products, an industry peer, for $20.91 billion in an all-stock deal.
China announced sanctions against U.S. officials including two senators on Monday in retaliation against Washington's sanctions against senior Chinese officials over Beijing's treatment of minority Uighur Muslims.
European stocks more broadly might not have enjoyed quite as buoyant a comeback as U.S. markets, but investors say there are unique characteristics which make a compelling investment case for the region in the recovery from the coronavirus crisis.
How and where the EU's recovery fund is spent could have a big impact on Europe's recovery from the pandemic, according to economists at Morgan Stanley.