"We have over $1 billion of cash now. Certainly we're in a good position. But we want to take an abundance of caution as we manage through the challenges of this situation," said Yum Brands CEO David Gibbs.
WHO Director-General Tedros Adhanom Ghebreyesus singled out President Donald Trump for doing a "great job" in leveraging public and private sector resources to fight the pandemic.
The agency said some people and companies are trying to profit from the coronavirus pandemic by selling unproven and illegally marketed products that make false claims.
Tyler and Rachel Torres were quarantined for 27 days on a cruise ship during their honeymoon. They were on the Diamond Princess, where one of the first major coronavirus outbreaks occurred.
Shares of Square surged Wednesday after the White House and Senate leaders agreed on terms for a bill that could allow nonbank lenders to participate in emergency lending to help small businesses.
The beauty retail executive said the industry needs "liquidity and capital" so they can reopen doors and rehire workers once the coronavirus pandemic ends.
Border closings, event cancellations, and the potential for travelers to end up quarantined caused demand for air travel to plummet. Now, major US airlines say they need a massive bailout from Congress to avoid laying off scores of workers.
The decision to delay the Olympic games until 2021 was "difficult but wise" as the coronavirus continues to spread, World Health Origination officials said Wednesday.
A draft copy of the massive $2 trillion Senate rescue package expected to be passed on Wednesday would bar companies receiving federal loans from stock buybacks for one year after the loan is paid back.
"Amazon Web Services must be just crushing it," said CNBC's Jim Cramer, suggesting that its AWS cloud unit and its e-commerce business are both positioned nicely to thrive.
Walmart is offering some help to its small business partners as the coronavirus forces consumers to self-isolate and companies to shutter their storefronts.