New York Gov. Andrew Cuomo said the state's coronavirus outbreak has slowed to levels not seen since the beginning of the pandemic as the number of fatalities, rate of new infections and the daily number of hospitalizations related to Covid-19 continue to fall.
The Starwood Capital founder told CNBC on that Tuesday he believes contact tracing could be a "game-changer" in helping accelerate the recovery of the U.S. economy.
The Nasdaq Stock Market has told Luckin Coffee that it will delist the stock after the company disclosed that its former chief operating officer fabricated sales in 2019.
Home goods retailer Pier 1 Imports said Tuesday that it is seeking bankruptcy court approval to wind down its business entirely after it was not able to find a buyer due to the coronavirus pandemic.
"Speech droplets generated by asymptomatic carriers... are increasingly considered to be a likely mode of disease transmission," researchers at the National Institutes of Health found.
The FDA advised consumers against taking hydroxychloroquine for Covid-19 outside a hospital or formal clinical trial setting due to the risk of "serious heart rhythm problems."
United Airlines' new CEO Scott Kirby faces the biggest challenge of his more than two-decade career in airlines as the coronavirus devastates demand for air travel.
Over one-quarter of technology sector employees want to work remotely forever, the new CNBC|SurveyMonkey Workforce Survey finds. That could have a big influence on pay in the economy's richest sector.
Kohl's net sales tanked 43.5% during the first quarter, the company said Tuesday, as its stores were forced temporarily shut due to the Covid-19 crisis.
"The findings implied to the world and the public is that the effectiveness of mask-wearing against the coronavirus pandemic is huge," the study's lead microbiologist said.