Airlines are pretty much facing a cashflow and liquidity crisis due to the global coronavirus outbreak and need government support, said Joanna Lu of Ascend by Cirium.
Major British pub chain J.D. Wetherspoon plans to stay open in defiance of government advice amid the coronavirus pandemic, but has vowed to implement social distancing between drinkers.
The Senate has been under immense pressure to get a deal done with the House and administration as quickly as possible, as cash dries up for some American companies.
As people across the globe adjust to prolonged periods of quarantine, CNBC Make It spoke to psychology experts to find out how people can protect their mental health.
China's loan prime rates (LPR) on Friday were kept unchanged from their February levels, with both the 1-year and 5-year LPR left steady at 4.05% and 4.75%, respectively.
The coronavirus pandemic has exposed the vulnerability of countries and companies that rely heavily on a limited number of partners for their business needs.
China kept its benchmark lending rate steady on Friday, defying expectations for a reduction to ease borrowing costs in an economy jolted by the coronavirus pandemic.
The number of infections in New York City jumped by more than 1,000 cases in a matter of hours — since Thursday morning when Gov. Andrew Cuomo said there were 2,469 infections in the city.
As COVID-19 coronavirus spreads, Facebook on Thursday banned ads for additional items including hand sanitizer and COVID-19 test kits. This follows its ban on ads for items like face masks earlier this month.
Since the stock market peaked on Feb. 19, one month ago, the leading U.S. tech companies have lost over $1 trillion in value, even after Thursday's rally.
One of President Donald Trump's leading trade advisors slammed Big Pharma's attempts to lobby against an executive order he is preparing to push companies to relocate medical supply chains to the United States.
The drug is known to be relatively safe and has been used to treat malaria since the 1940s. Can it be used to help people infected with the coronavirus?