In a CNBC interview Friday morning, 3M CEO Mike Roman said it was "absurd" to suggest his company wasn't doing all it could to help the U.S. fight the coronavirus.
Construction has been deemed essential by the federal government, but a growing number of residential construction workers are pulling back, worried about catching the coronavirus.
U.S. airline executives face a test to see which sacrifices they are willing to make in exchange for federal aid that would allow them to continue paying their employees during the coronavirus pandemic.
Alabama became the most recent state to enact a stay-at-home order amid the coronavirus pandemic, with Gov. Kay Ivey announcing the new measure Friday.
A day prior, the captains of the U.S. Navy's two hospital ships said that the vessels have treated fewer than 20 patients since deploying to New York and Los Angeles.
"We have gotten some ventilators in, but right now, we're struggling to have enough for next week," he said, adding that the city needs 15,000 additional ventilators to get through April and May.
Members of the coronavirus task force hold a press briefing Friday hours after House Speaker Nancy Pelosi called for another bill expanding on the $2 trillion package Congress passed last week.
Automotive retailers are cutting executive pay and laying off or furloughing thousands of workers as U.S. auto sales plummet amid the coronavirus pandemic.
"Never in the history of the IMF have we witnessed the world economy come to a standstill," said Kristalina Georgieva, managing director of the IMF, during a press conference on the pandemic.
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