CNBC Business

The New York-based retailer said it has secured $400 million in financing from existing lenders to finance operations through bankruptcy.

Experts warn that vaccine timelines look ambitious and argue more thought is needed on manufacturing.

Public health officials have said a coronavirus vaccine could take a year to 18 months.

That timeline would be a "very reasonable" expectation because of the necessary Phase 2 and 3 trials of any vaccine to guarantee both safety and efficacy, according to Dale Fisher, chair of the World Health Organization (WHO) Global Outbreak Alert and Response Network.

Gilead Sciences coronavirus fighting drug will be in the hands of patients as early as this week, the biotechnology company's CEO said Sunday.

As of Sunday, the U.K. has seen 28,446 deaths as a result of Covid-19, closely behind Italy's 28,884 deaths, according to data from JHU.

Jing Yang, director of corporate research at Fitch Ratings, expects electric vehicles to outperform an overall slump in China's car sales this year given strong policy support.

President Donald Trump said Sunday that he believed that a "mistake" in China was the cause of the spreading coronavirus pandemic, though he did not present any evidence for the claim.

"The doctors had all sorts of arrangements for what to do if things went badly wrong," Johnson said, NBC News reports.

Covid-19 has infected more than 3.4 million people around the world as of Sunday, killing at least 244,229 people.

President Donald Trump said on Sunday that he was confident that there will be a coronavirus vaccine by the end of the year.

New York will require all hospitals to build a 90-day supply of personal protective equipment in the face of another outbreak after states dealt with widespread equipment shortages battling the coronavirus, New York Governor Andrew Cuomo announced on Sunday.

Dozens of states have unveiled reopening plans and several, including Georgia, South Carolina, Tennessee and Texas, have already begun to allow nonessential retailers to reopen.

Hollywood has a long history of movies about money, from "Wall Street" and "Trading Places" to "The Big Short."

Rocket Lab CEO Peter Beck told CNBC that the impact of the coronavirus crisis on the space industry is in "early days," as he expects a tough environment for at least 18 more months.

Latino entrepreneurs are among the majority of small business owners directly impacted by the economic fallout.

The second round of the Paycheck Protection Program launched last Monday and has so far provided over 2 million loans worth over $175 billion out of the total $310 billion Congress authorized in the latest relief package.

The rise of virtual hangouts and work meetings hasn't been enough to stop the battering of the beauty industry as the COVID-19 outbreak has largely put in-person activities on hold. But the clean beauty market has been a bright spot.

Swiss drugmaker Roche said on Sunday it expects to be able to produce "significantly more" than 100 million of its new coronavirus antibody tests monthly by the end of 2020, doubling its current production.

Some rural hospitals haven't had enough medical personnel for decades, are already operating at full capacity and don't have enough ventilators to handle a surge of patients.