CNBC Business

Say hello to the high-walled cubicles made famous in the 1999 film, "Office Space," because they're about to make a comeback.

"Now how long that immunity lasts, how strong it is, we don't know," the former FDA chief told CNBC on Monday.

The German sportswear giant also reported a 19% decline in Q1 net sales and predicted sales will fall by 40% in the second quarter.

Coronavirus has forced millions of businesses to close as officials implement shelter-in-place policies to help slow the spread of the disease. However, for those businesses that are deemed essential, staying open during a pandemic comes with a host of additional challenges, especially for small businesses.

Capacity to test broadly throughout the population and to trace contacts with those who test positive for Covid-19 is a crucial element of the state's plans to lift restrictions, New York Gov. Andrew Cuomo have previously said.

Earlier last week, Cuomo released the preliminary results of a statewide coronavirus antibody testing study, which indicated that an estimated 13.9% of the New Yorkers have likely had Covid-19 already.

The drug, Kevzara, inhibits a pathway thought to contribute to the lung inflammation in patients with the most severe forms of Covid-19.

Hassett, who recently rejoined the Trump administration as an economic advisor, also said April's unemployment rate will surge to 16% or 17%.

Disney is packing its streaming service with Star Wars content to celebrate Star Wars Day, which occurs on May 4.

WHO is holding a press briefing on the coronavirus pandemic.

Emergency warning signs include trouble breathing, persistent pain or pressure in the chest, new confusion or inability to arouse, and bluish lips or face.

Not just an Oprah thing, envisioning your goals has scientific backing. Research finds that when people connect emotionally to a financial goal it boosts their ability to save.

In addition to cutting the dividend, which paid $1.52 a share annually, GM has "taken other significant austerity measures to preserve near-term available cash," the company said in a statement.

These are the stocks posting the largest moves before the bell on Monday.

The U.K.'s Prime Minister Boris Johnson said there would be no quick lifting of restrictions in the country, as he made his first public statement since returning to work Monday.

Neiman Marcus is preparing to seek bankruptcy protection in a Dallas federal court as soon as Monday, the sources said.

Potbelly, which received the maximum loan amount, has a market cap of $71.2 million.

Total number of coronavirus infection cases around the world was more than 2.96 million and at least 206,265 people have died.

In the next week, Boeing will hold its annual meeting, report first-quarter results and face the application deadline for a multi-billion dollar aid package from the federal government.