"We're starting this because we believe it could work," Eli Lilly CEO David Ricks told CNBC in explaining the company's partnership with AbCellera Biologics.
As the rapid spread of the new coronavirus disrupts travel worldwide, trip takers may discover that their insurance won't provide coverage for cancellations related to the global pandemic.
The American Dream megamall in New Jersey, which has an indoor amusement park and ski slope, is shutting down entirely due to the coronavirus, co-CEOs Don and Mark Ghermezian announced Friday.
In a memo posted on its website as of Friday afternoon, the privately held sporting goods retailer said, in part, "the scale of impact is still unknown, and we want to do our part to protect our community especially while testing availability is unknown."
AMC theaters will be a little less crowded. On Friday, the company announced that it is capping its ticket availability for all showtimes, allowing for only 50% seat capacity.
The International Energy Agency has warned the coronavirus outbreak will likely compromise clean energy investment and is urging governments to offer economic stimulus packages that invest in clean energy technologies.
President Trump plans to declare a national emergency over the coronavirus pandemic, according to administration officials who spoke to NBC News. The president has scheduled a 3 p.m. ET press conference.
CNBC Beijing Bureau Chief Eunice Yoon reflects, as both a reporter and a Beijing resident, on what daily life has been like during the COVID-19 outbreak in China.