CNBC Business

With millions of travelers confined to their homes as a result of the coronavirus pandemic, luxury hotels are venturing beyond their property walls to entertain and help those stuck at home.

The number of confirmed coronavirus cases in the U.S. surpassed 400,000 on Wednesday, according to figures provided by NBC, with 12,864 fatalities nationwide.

Austria, the Czech Republic, Denmark and Norway have now all announced plans to slowly relax national lockdowns later this month.

Members of the coronavirus task force are expected to hold a press briefing Tuesday, in what has become a daily affair as the pandemic continues to claim lives.

The coronavirus pandemic has resurfaced past divisions among northern and southern nations over how to fund the costs of the crisis.

Euro zone finance ministers will meet again Thursday, after failing to agree on new stimulus for the bloc's economy.

There will be a "significant rebound" in the aviation industry once borders start to open up, said Thomas Flohr of VistaJet.

European markets traded lower Wednesday morning as optimism over an imminent recovery from the coronavirus started to fade.

The price of rice — a staple food in Asia — has hit 7-year highs due to the coronavirus crisis as importers rush to stockpile the grain while exporters curb shipments.

While Gen Z's total spending is down sharply, when they do go shopping, brands like Nike, Lululemon and Amazon are top on the list. Often, that's after they've stopped at Chik-fil-A or Starbucks to fuel up.

The Philippine government has set aside around $23 billion in funding for healthcare and economic efforts during the outbreak, said Secretary of Finance Carlos Dominguez.

Indian budget hotel chain Oyo has pledged to "do right" by offering free accommodation to coronavirus frontliner workers and citizens stranded overseas, even as the $10 billion start-up continues to battle criticism over its treatment of hotel owners.

COVID-19 has now infected more than 1,428,400 people around the world, killing at least 82,000 people as of Tuesday.

The consequences of the coronavirus crisis will likely to be far more serious than the global financial crisis, said Singapore's home affairs minister, K. Shanmugam.

"I think it's incredible that there's still an appetite for risky debt here, and that could make a huge difference for an ultimate economic comeback," the "Mad Money" host said.

DocuSign CEO Dan Springer told CNBC the company has experienced challenges among its clients in the travel and hospitality sector.

"[T]here's no need to chase stocks after this week's rally. You can afford to be patient and buy the dips," the "Mad Money" host said.

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

Levi Strauss, which has been around for 167 years, is going to use COVID-19 "as an opportunity to come out stronger on the other side," CEO Chip Bergh tells CNBC.