A merger between Fiat Chrysler and Peugeot maker PSA to create the world's fourth largest carmaker is the best way for the two companies to weather the coronavirus crisis, the Italian-American group's chairman said on Friday.
"As I said from the start, if the positivity rate rose above 10%, the State of Texas would take further action to mitigate the spread of COVID-19," Gov. Greg Abbott said in a press release.
Ford is bringing a new level of technology to its 2021 F-150 pickup to attract new buyers while also trying to please its loyal customers with features tailored to them.
Virologist Robert Lambkin-Williams told CNBC there was no clear evidence that antibodies produced to fight off the coronavirus gave people any protection against being reinfected.
Shares of companies which enable working from home have been hot property during the coronavirus pandemic, but this trend is here to stay, according to Saxo Bank Head of Equity Strategy Peter Garnry.
Harley-Davidson said on Thursday it will cut about 140 jobs in the United States following the motorcycle maker's decision to adjust production volumes.
U.S. supermarket operator Albertsons decided to go ahead with a downsized $800 million initial public offering on Thursday, the culmination of multiple attempts by its private equity owner Cerberus Capital Management to cash out.
The U.S. reported more than 34,400 coronavirus cases on Wednesday, according to a CNBC analysis of Johns Hopkins University data, after health officials in California, Florida and Texas all reported record-high single-day spikes.
"This is a time where every company needs to reassess its relevance to maintain its market share and innovation," Salesforce CEO Marc Benioff said in a "Mad Money" interview.