The president of Chinese ride-hailing firm DiDi, Jean Liu, told CNBC that ride volume has reached 60% to 70% of pre-coronavirus levels and said for the first time that the company's core business was profitable.
Morgan Stanley Investment Management's Andrew Harmstone advises investors to keep their portoflio risk level low and maintain a defensive position while looking for opportunities to add value in an environment of "extremely high" volatility.
"It's going to take a lot longer than people are saying. This is serious, we've never experienced anything like this in our lifetime," Newsom said regarding California's recovery from Covid-19.
Peloton's revenue surged 66% during the fiscal third quarter, as more people purchased its fitness equipment and tuned into its live classes, to try to break a sweat while stuck at home during the coronavirus pandemic.
After employees say they miss perks such as free food, Google launched a new policy clarifying they can't expense these perks while working from home, according to internal documents seen by CNBC.
In less than a week, Disney will reopen its Shanghai theme park, offering a glimpse to the rest of the theme park industry of what operations will look like in the time of the coronavirus.
"The public health importance of this is critical because without knowing where the animal origin is it's difficult for us to prevent this from happening again," a WHO official said Wednesday.
WHO warned there can be "no going back to business as usual" following the coronavirus pandemic, which has upended economies and wreaked havoc on nearly every country.
Barrick Gold CEO Mark Bristow joins Squawk Box after the company reports earnings, to speak about the spike in demand for gold during the coronavirus crisis.
The new coronavirus strain began spreading in Europe in early February before migrating to other parts of the world, including the U.S., becoming the dominant form of the virus across the globe by the end of March, researchers at the Los Alamos National Laboratory found in a new study.