CNBC Business

House Speaker Nancy Pelosi on Friday is expected to deliver remarks on the deadly coronavirus outbreak, as President Donald Trump prepares to declare a national emergency, according to administration officials who spoke to NBC News.

"More cases are now being reported [in Europe] every day than were reported in China at the height of its epidemic," says WHO's top official.

New York Gov. Andrew Cuomo plans to update the public on the COVID-19 outbreak.

Ford Motor and General Motors have instructed employees who can work from home to do so beginning Monday due to concerns over the coronavirus.

The United Auto Workers is in negotiations with Fiat Chrysler and other companies regarding compensation for quarantined employees being monitored for the coronavirus.

Shares of Swiss diagnostics and pharmaceutical giant Roche soared 11% after the U.S. Food and Drug Administration (FDA) issued emergency authorization for their COVID-19 test.

Students across the country are being asked to learn from home due to the coronavirus outbreak, but many do not have a computer, or have poor internet service.

The number of confirmed cases in the state has reached 325 as of Thursday afternoon, according to the state's official website. At least 148 of those cases are in Westchester County, where the city of New Rochelle is located.

"In the days and weeks ahead, we expect to see the number of cases, the number of deaths and the number of affected countries to climb even higher," WHO Director-General Dr. Tedros Adhanom Ghebreyesus said Wednesday.

Domino's Pizza is the only restaurant stock that's trading positively year-to-date as investors bet that more consumers will order pizza delivery during the coronavirus outbreak.

As the restaurant industry braces for the impact of the coronavirus outbreak, Grubhub is temporarily suspending commission fees for impacted independent restaurants of up to $100 million.

"The Federal Reserve must FINALLY lower the Fed Rate to something comparable to their competitor Central Banks," Trump tweets, calling out Fed Chair Jerome Powell by name.

The Boston Marathon has been postponed until September because of the coronavirus, according to an official statement from the Boston Athletic Association.

The 2020 Masters event has been postponed due to fears of coronavirus outbreak, Augusta National Golf Club chairman Fred Ridley announced on Friday.

S&P estimates roughly 50 million insured Americans will eventually get the new coronavirus.

"The fight against coronavirus in the Islamic Republic of Iran is ongoing, and everybody in the country is engaged in this response," one WHO official says.

The U.S. should follow Hong Kong's lead and give a cash handout to its citizens amid the coronavirus pandemic, a strategist told CNBC Friday.

President Donald Trump's decision to ban travel from many European countries is "politically motivated" and will not prevent further coronavirus cases, analysts told CNBC.

Oil and gas companies will be slashing spending on new exploration and cutting dividends, but concerns about energy bonds may be overstated, at least in 2020.

"By probably next week, we'll be at capacity of tens of thousands of tests a day," former Food and Drug Administration Commissioner Scott Gottlieb told CNBC.