CNBC US News

Almost 300,000 new coronavirus cases were reported to the World Health Organization over the last 24 hours, the largest single-day increase ever, the agency said Friday.

The U.S. House Oversight Committee accused the Trump administration of "incompetent negotiating" for ventilators at the beginning of the coronavirus pandemic.

Fauci's testimony before a House subcommittee are at odds with President Trump, who has repeatedly claimed that the virus would "disappear."

The first large-scale efficacy trials of potential Covid-19 vaccines in the U.S. began Monday. A key priority is recruiting participants of diverse backgrounds. It may be a challenge.

A trove of court documents unsealed Thursday night appear to show that the late, accused sex trafficker Jeffrey Epstein was in contact with his now-charged confidant, Ghislaine Maxwell, in 2015.

Facebook announced deals with Sony Music Group, Universal Music Group, Warner Music Group, Merlin, BMG, Kobalt and other independent music groups to launch music videos on its platform.

Apple buys a lot of smaller companies, and doesn't talk about what it plans to do with them.

United Airlines is adding a few new flights but remains hesitant to increase capacity too much amid weak demand.

"We will be embarking, probably in September, on very large pivotal studies, and so those are going to be the important ones," a company executive said.

Analysts expect the coronavirus pandemic to keep boosting Apple's Mac and iPad units, following the company's blockbuster fiscal third quarter report, where it revealed revenue was up 11% year over year.

Warren Buffett's Berkshire Hathaway this week again added to his already-enormous stake in Bank of America.

Facebook CEO Mark Zuckerberg on Thursday said there is no timetable for when employees will return to the company's offices amid a continuing surge in Covid-19 cases in the U.S.

The launch of SpaceX's Crew Dragon capsule to the International Space Station marked the first time NASA astronauts took off from U.S. soil since 2011. The event also represented the first time a commercially built spacecraft carried NASA astronauts, an achievement that SpaceX and Boeing have vied for for years under NASA's Commercial Crew Program.

Competitors who have complained about Big Tech said this week's hearing succeeded in showing something is wrong in monopolistic digital markets.

Sales of Merck's blockbuster cancer drug Keytruda helped offset an 8% decline in revenue to $10.87 billion during second quarter from $11.76 billion from a year earlier.

Fiat Chrysler lost $1.24 billion (1.1 billion euros) in the second quarter as the coronavirus caused rolling shutdowns at its plants across the globe.

The House Select Subcommittee is holding a hearing with Dr. Anthony Fauci and other key Trump administration health officials on the U.S. government's plan to contain the coronavirus.

Treasury yields continued to move lower on Friday with short-maturity rates reaching record lows as investors remained worried about the pace of economic recovery.

The stocks making the biggest moves in premarket trading include Caterpillar, Merck, Chevron, Under Armour, and more.

The agreement with Sanofi and GlaxoSmithKelin is the government's second in less than two weeks for 100 million doses of vaccine.