CNBC Business

More than $2.6 billion worth of orders in Bangladesh's garment sector has been canceled and new cancellations are coming up, according to the country's commerce minister.

Singapore announced stiff fines and jail on Thursday night for people who do not observe social distancing measures put in place to contain the coronavirus outbreak.

Reserve Bank of India met this week and cut the repo rate — or the rate at which it lends to commercial banks — by 75 basis points from 5.15% to 4.4% on Friday.

Demographics, social behavior and lower testing capacity are just some of the reasons why Italy and Spain have the highest number of deaths from the coronavirus, health experts told CNBC.

As of Thursday, more than 492,000 cases of coronavirus have been reported, resulting in at least 22,000 deaths.

Major outbreaks in so-called hot spots such as New York threaten to overwhelm the local hospital systems, which have a limited number of beds, staff and equipment.

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

Gaming and data demands offset weakness in other areas. Those two categories could be a boon for industry peers, the "Mad Money" host said.

New Hampshire is the latest state to issue a stay-at-home order and close all nonessential businesses amidst the coronavirus outbreak.

"I know there's going to be bad news, on both the health front and the economy front, but at least we're finally fighting back," Cramer said after a massive stimulus bill made progress in Congress.

General Motors said the salaries will be deferred as the automaker attempts to save cash during the coronavirus crisis.

Trump wants some parts of the country to return to normal daily life, but experts say the only safe strategy is one that applies to the entire nation.

The Senate unanimously passed a $2 trillion relief package on Wednesday, but de Blasio said the amount is not enough to help New York City.

Many retailers are using their knowledge and supplier base to do what they can to fill the void in personal protective equipment.

The cruise industry was ground to a halt by the coronavirus pandemic, after a number of outbreaks on ships. Carnival, Royal Caribbean and Norwegian Cruises have all suspended operations.

Lululemon announced Thursday fiscal fourth-quarter results that topped expectations, as its same-store sales surged 20% during the period.

Ford Motor and Fiat Chrysler plan to restart production at North American assembly plants that have temporarily shuttered due to the coronavirus pandemic beginning in April.

New York City Mayor Bill de Blasio plans to hold a press conference on the coronavirus outbreak that has infected more than 21,300 people in the city.

Ford Motor CEO and President Jim Hackett warned employees Thursday that "tougher actions" such as job cuts could be needed depending on the severity and length of the coronavirus pandemic.