CNBC World News

China's ballooning fitness industry got hit so hard by the coronavirus that more businesses in the field closed in the first three months of the year than in all of 2015, according to Qichacha.

Facebook's investment in Jio Platforms could be key to giving it access to the company's more than 380 million user base as well as the political backing of billionaire Mukesh Ambani, who is chairman of parent company Reliance Industries.

The Dow Jones Industrial Average has lost more than 1,000 points this week.

Oil prices slid on Tuesday as traders fear that storage is filling and there will soon be nowhere to put crude as demand continues to decline due to the coronavirus pandemic.

Ties between the U.S. and China are at their "worst point in living memory," says one academic who says both countries are engaged in a "grand exercise in blame-shifting" over the coronavirus pandemic.

ValueAct, which first began buying the stock in April 2019, grew the position in Nintendo during the stock market sell-off in February and March, according to the letter sent to its investors.

Saudi Arabia will be best positioned to weather the impact of an unprecedented collapse in U.S. oil prices, analysts told CNBC on Tuesday.

The coronavirus relief bill, which includes money for loans, hospitals and testing, now heads to the House for its expected passage this week.

Commissioner Adam Silver said the NBA is still aiming to play remaining regular-season games, which would push back the start of a new year for the foreseeable future.

"These are reports that came out, and we don't know," Trump said at a White House press briefing when asked what he knew about Kim's condition.

Covid-19 has infected 2.5 million around the world as of Tuesday, killing at least 171,810 people.

AWS sent an email to some customers on Monday, providing a way for them to ask for help while dealing with the coronavirus.

Netflix has seen its stock outperform in the past quarter, as the Covid-19 crisis keeps people home and in need of entertainment.

Netflix has ranked among analysts' favorite "stay at home" stocks as many have shifted to remote work during the coronavirus crisis.

After a lot of pain, the U.S. oil industry will come out of the unprecedented crisis of too much supply, too little demand, with fewer companies.

Traders were focused on the strange happenings with oil futures once again, which raised concern about deep losses for the energy industry.

The United States Oil Fund is a popular exchange-traded security with retail investors known for its 'USO' ticker.

Evidence suggests the coronavirus originated in bats in China in late 2019 and was not manipulated or constructed in a laboratory, the World Health Organization said.

Schumer said he spoke "well past midnight" with House Speaker Nancy Pelosi, White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin, and that they "came to an agreement on just about every issue."

Phone shipments in the quarter ending in June could decline 20% or 25% year-over-year because of reduced demand stemming from the Covid-19 coronavirus pandemic, top analyst predicts.