CNBC Business

EasyJet can survive a nine-month shutdown thanks to its measures to contend with the coronavirus crisis and is planning for a slow recovery, the British airline said on Thursday.

In his Easter letter over the weekend, Pope Francis said: "This may be the time to consider a universal basic wage."

AI's ability to crunch large amounts of data has allowed governments worldwide to collect information to try and stop the pandemic.

After mixologists doubled down on the idea of miniscule mixed drinks, people began taking the trend into their homes.

"You could have the universities do the testing. You could have the universities do the analysis of the data and help with planning how to deal with it," deCODE Genetics CEO Kári Stefánsson told CNBC.

The talks come as the $349 billion fund for small businesses, called the Paycheck Protection Program, is quickly being wiped out.

Bed Bath & Beyond said that its results in 2020 "will be unfavorably impacted" by the crisis, and so it will not be offering a first-quarter nor full-year outlook.

American Airlines CEO Doug Parker said the airline is starting to see signs of demand returning late in the year but that it's too early to tell when travelers will return en masse.

Covid-19 has infected 2,047,700 people around the world as of Wednesday, killing at least 133,354 people.

J.C. Penney said Wednesday that it has chosen not to make a roughly $12 million interest payment due on April 15.

"The battle continues, but the data suggests that nationwide we have passed the peak on new cases," President Donald Trump said.

The "Mad Money" host is convinced Johnson & Johnson's Covid-19 vaccine efforts will "make you wish you owned a travel and leisure stock."

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

"Rule No. 1 for the new abnormal is that you stick with the winners and you leave the raggedy rest to the others," the "Mad Money" host said.

Carvana CEO and Chairman Ernie Garcia III expects coronavirus stimulus checks being distributed by the federal government to improve U.S. vehicle sales.

"My stance is if we don't do something quickly in the face of a pandemic, you are going to cripple this domestic industry on the other side," CEO Matt Gallagher told CNBC.

As millions stay home to curb the spread of Covid-19, U.N. chief Antonio Guterres warned that the world is witnessing a "horrifying global surge in domestic violence."

Members of the coronavirus task force are expected to hold a press briefing Wednesday amid signs that the curve is flattening in some hard-hit areas.

Even though scientists are still learning about Covid-19, the virus has shown the capability to "accelerate in a number of different climates," one WHO official says.

"If we take this money and don't treat it like the precious capital that it is ... then we've done a disservice to everyone," Junior's Cheesecake owner Alan Rosen told CNBC.