The NBA will hold a board of governors meeting on Friday when league commissioner Adam Silver is expected to present options on resuming, Milwaukee Bucks co-owner Marc Lasry told CNBC.
A majority of American millionaires say they plan to spend less this summer than in years past, according to the Q2 CNBC Millionaire Survey. Real estate, new cars and vacations are the expenses they are most likely to put on hold.
New York Gov. Andrew Cuomo announced an executive order Thursday to authorize businesses to deny entry to people who are not wearing masks or face coverings.
The United States accounts for more than 28% of Covid-19 deaths worldwide. President Donald Trump in January played down the risk of coronavirus in the country.
Disney is preparing to reopen one of its biggest cash generators – its Orlando, Florida, theme parks. Two traders still see trouble in store for the stock.
Nevada Gov. Steve Sisolak gave casinos the green light to reopen on June 4, and several, including Caesars Palace, Bellagio, MGM Grand and Wynn Resorts, have announced plans to resume operations then.
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 364,900 people across the state as of Thursday.
General Motors and Ford Motor are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the coronavirus pandemic.