CNBC Business

New York City, closed down due to the coronavirus pandemic, is expected to begin a "phase one" reopening on June 8, New York Gov. Andrew Cuomo said Friday.

West Texas Intermediate is on track to end the month with a more than 80% gain for its best month on record, but some are warning that the rally may be overdone.

President Donald Trump is scheduled to speak about China on Friday from the White House Rose Garden as tensions with the country continue to escalate.

"There's pent-up demand for electric vehicles," said Sam Jaffe, managing director of Cairn Energy Research Advisors. "We will see a combination of factors make 2021 an inflection point for the sale of electric vehicles."

"This guidance is not intended to infringe on rights protected by the First Amendment to the U.S. Constitution," the new guidance says.

The heatwave in Siberia raises major concerns over devastating wildfires breaking out this summer as climate change accelerates permafrost melt in much of the Arctic region.

Businesses big and small are warning potential customers that there is an inherent risk of exposure to coronavirus in public places.

The French drugmaker is also putting a hold on supplying the drug on off-label use to treat Covid-19 until safety concerns are cleared by the World Health Organization.

Aircraft makers are circling Brazil's Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said.

Check out the companies making headlines in midday trading on Friday.

Tennis superstar Roger Federer earned an estimated $106.3 million over the past 12 months, according to Forbes. Soccer stars and NBA players ranked next on the list.

WHO is holding a press briefing on the Covid-19 pandemic.

Dow futures fell Friday after President Trump knocked the wind out Thursday's solid gains on Wall Street when he said he would hold a news conference on China.

During the week of March 15 to March 21, there were 45,858 short-term prescriptions for hydroxychloroquine and chloroquine, compared to 2,208 in 2019.

Marketing expert and coach Amy Porterfield says there is no better time to start an online business. Here are her top five tips.

Shoppers flocked to the retailer's stores to buy bulk packs of toilet paper and groceries in the early weeks of the pandemic, but traffic dropped off with stay-at-home orders.

"Productivity is significantly higher when you give people what they want," Kevin O'Leary told CNBC.

Facebook says its New Product Experimentation division will launch the app and will be available on iOS and Android devices.

"I think you will continue to see us push how we can get more football to fans on an easy access basis," the NFL's Brian Rolapp said.