CNBC Business

Texas has reported two consecutive days of record-breaking Covid-19 hospitalizations as the state continues to open businesses and resume activities that were temporarily shuttered due to the coronavirus.

Dr. Anthony Fauci says Covid-19 turned out to be his "worst nightmare" come to life as the coronavirus continues to rapidly spread across the globe.

The U.S. has "reneged on its role as leader of the free world" under President Donald Trump and failed in its response to the coronavirus crisis, according to former Secretary of State John Kerry.

The world's largest fashion group, Inditex, reported its first quarterly loss Wednesday, as it described being "materially impacted" by the coronavirus pandemic.

China has faced criticism over its initial handling of the Covid-19 outbreak, which has included accusations that it withheld critical information from the WHO.

Stringent public health measures have helped stem the transmission of the coronavirus, but there's "every chance" of a resurgence as economies reopen, says the WHO's chief scientist.

China's producer price index fell 3.7% from a year earlier in May, according to data from the country's National Bureau of Statistics.

"It doesn't matter how little you pay for a stock, when it goes to zero, you lose everything," the "Mad Money" host said.

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

The "Mad Money" host argued Facebook, AMD, Apple, Amazon and Nvidia are stocks that can go higher based on their own strengths. "That's why I keep going back to them, and you should too," he said.

Macy's Chief Executive Jeff Gennette said diversity and inclusion has been in the retailer's DNA for years, but it needs to and plans to do more, in light of the recent protests over the death of George Floyd.

New Jersey Gov. Phil Murphy announced Tuesday that the state is lifting its stay-at-home order that has been in place since mid-March and will allow larger gatherings at both indoor and outdoor venues.

Suspended NYPD cop Vincent D'Andraia is charged with assaulting Dounya Zayer during a protest against police brutality.

GM CEO and Chairman Mary Barra said the automaker is setting near-, medium- and long-term goals regarding diversity and inclusion that will assist the company moving forward.

These are the stocks posting the largest moves in midday trading.

"Just because you reopen doesn't mean you'll have a spike, but if you're not smart you can have a spike," Cuomo said Tuesday.

During a virtual fireside chat with Cowen & Co. analyst Oliver Chen, Macy's Chief Financial Officer Felicia Williams said the company does not expect sales trends to normalize until 2021 or possibly 2022.

The Vermont-based ice cream maker has a long history of activism that dates back to its founding in 1978 by Ben Cohen and Jerry Greenfield.

The WHO scrambled to clarify its comments that transmission of the coronavirus by people who never developed symptoms is "very rare."

U.S. retailers could announce between 20,000 and 25,000 closures in 2020, according to a tracking by Coresight Research. That would also mark a record.