CNBC Business

De Blasio said he spoke to Macy's CEO Jeffrey Gennette this week and agreed to host the celebration, although it may look different than in years past.

New York City is still in a phase of widespread transmission, where officials are unable to trace the origin of most Covid-19 cases and is heavily reliant on social distancing, de Blasio said.

Investors have more confidence in Tesla emerging from the coronavirus pandemic better positioned to lead in emerging technologies such as all-electric and autonomous more than traditional automakers such as General Motors and Toyota Motor.

The chief human resources officer is a loud voice in the coronavirus corporate war room. Today CHROs are busy helping CEOs oversee their remote workforces and developing return-to-work plans for when the economy reboots.

Market history says buying stocks during an economic crisis is the wise long-term decision, and many of the wealthy are doing it. But some fear another big drop is coming.

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 258,500 people across the state as of Wednesday.

Some hospitals and government agencies have struggled to get more nasal swabs, so they can ramp up coronavirus testing and decide when or how to loosen lockdowns.

The coronavirus pandemic is unlike anything automakers have seen before, but it is not the first crisis car companies have faced. They are reviving some sales tactics they have used in past crises, and adding a few new ones.

WHO is holding a briefing on the coronavirus pandemic, which has infected more than 2.5 million people worldwide and killed at least 178,845.

Delta's CEO Ed Bastian said he expects it will take years for the airline's business to recover from the coronavirus outbreak.

LabCorp also was granted FDA approval this week for its at-home test for Covid-19.

The state is grappling with the worst outbreak in the U.S., with more than 258,589 of the nation's 825,306 cases.

Sweden went against the grain by keeping public life as unrestricted as possible when the coronavirus hit. Now, it says its strategy appears to be working.

U.S. stock futures bounce Wednesday after concerns about the unprecedented oil collapse wiped more than 1,200 points off the Dow this week.

Testing and contact tracing are also going to be "critical components to be able to bring the enemy into the light," Nasdaq CEO Adena Friedman told CNBC.

Years of private funding flowing into young and growing space companies has ground to a halt during the coronavirus pandemic.

The coronavirus is a challenge for all countries, including Russia, the Kremlin's spokesman told CNBC, as the number of confirmed cases in the country accelerates.

India has ordered a pause in testing for antibodies to the coronavirus because of concerns over the accuracy of the results.

Some blood tests being marketed to tell people if they have had the new coronavirus are a "disaster," Roche Chief Executive Severin Schwan said as he prepares to launch the drugmaker's own antibody test next month.

PVR chairman and managing director, Ajay Bijli, says the company is focused on managing liquidity as India's lockdown slashed revenues to zero.