"To all my fellow CEOs out there running large companies: Let's do our part to help the small businesses get back up and going," Lowe's CEO Marvin Ellison said.
The big-box retailer said in an earnings call Wednesday that it's looking to new technology and sort centers to help keep up with e-commerce demand and drive down costs.
Michigan Attorney General Dana Nessel said state law requires President Donald Trump to wear a mask guarding against coronavirus when he visits a Ford factory.
L Brands said Wednesday it still remains committed to make Bath & Body Works a "pure-play public company," with Victoria's Secret operating as another standalone business.
The collapse of the Edenville Dam and the Sanford Dam in Michigan released floodwaters that have inundated houses and businesses along the Tittabawassee River and prompted the National Weather Service to issue a rare flash-flood emergency.
The 60-page document comes weeks after some states announced that they would lift stay-at-home orders and would begin reopening parts of their economies.
Lowe's Chief Executive Marvin Ellison said its large base of DIY customers has helped the company pick up sales, even as the pandemic slowed down construction and renovation projects.
Stocks rose sharply on Wednesday after strong retail earnings from the likes of Lowe's and Target. Three experts weigh in on what it could mean for the market.
Meg Tirrell is joined by Dr. Kari Stefansson, CEO of deCODE genetics in CNBC Events' Healthy Returns: The Path Forward digital series. They discuss how Iceland's strategy to track the spread of coronavirus through an aggressive testing and tracing program can be applied in U.S. and new research that reveals how travelers from New York City became the primary spreaders of the virus domestically.
The company benefited in the quarter from the home improvement industry's busiest time of the year, spring, and sales remained high through the beginning of May, the company said.
Sony Pictures may have sold the Tom Hanks-helmed "Greyhound" to Apple for $70 million, but that doesn't mean that the studio is shifting away from movie theaters.
Sen. Amy Klobuchar and other lawmakers say a combination of Uber Eats and Grubhub "would combine two of the three largest food delivery application providers and raise serious competition issues in many markets around the country."
It could cost Elon Musk and shareholders $1 billion or more to move Tesla out of California, but state tax incentives in a place like Texas could offset that as part of a case to move auto manufacturing.
Most funding from the United States goes directly to the program that helps countries all over the world in "all sorts of fragile and difficult settings," one WHO official said.
The president pressured the FDA to waive rules for mask-cleaning machines that ballooned to 10 times the original cost. But the process may damage the masks, NBC news reports.
Peter Luger Steak House decided to start delivery so it could partially reopen during the coronavirus pandemic, General Manager David Berson told CNBC.