CNBC Business

The coronavirus pandemic is showing few signs of abating with the number of new cases rising in South-East Asia and Europe in the last week but declining slightly in the Americas, according to WHO data.

PepsiCo is launching a new enhanced water drink called Driftwell.

According to Deloitte, holiday retail sales this year should rise between 1% and 1.5%, amounting to between $1.147 trillion and $1.152 trillion during the November-to-January time frame. That's compared with growth of 4.1% in 2019.

The coronavirus has infected more than 29.13 million people globally as of Monday, killing at least 925,820 people so far.

The philanthropist and technologist said that it shouldn't be "just the rich countries winning a bidding war." 

"This is an enormous opportunity. I'd liken it to when states outside of Nevada and New Jersey started to legalize riverboat casinos in the '90s," Caesars Entertainment CEO Tom Reeg told CNBC.

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

"If you want a piece of Snowflake and you can’t get a piece of the actual IPO, I recommend waiting for the next tech pullback," the "Mad Money" host said.

CNBC's Jim Cramer advises investors not to be "too negative" the next time the market sells off, given the string of corporate acquisitions announced on Monday.

"This is different, this is a trophy investment," one sports attorney said.

Trump suggested that warming trends leading to record-breaking temperatures in California would cool off on their own. "It'll start getting cooler. You just watch," Trump said.

The move follows reports showing aides to President Donald Trump "sought to help him downplay the risks of the coronavirus crisis by attempting to alter, delay, and block critical scientific reports from CDC." 

General Motors conducted "appropriate diligence" regarding a $2 billion deal with electric vehicle start-up Nikola, GM CEO Mary Barra said Monday.

Delta Air Lines became the latest carrier to tap its frequent-flyer program to cover new debt.

The company said there were "dozens" of inaccurate allegations in a report by a short-selling firm.

Shares of DraftKings jumped after the company announced a partnership with ESPN.

Shares of Tesla moved higher on Monday, amid a broad rally in the technology sector.

The Hummer EV pickup is expected to be the first to market with the automaker's next-generation Ultium battery system. It will be unveiled online Oct. 20.

Advance bookings for the winter holidays are down by double digits as of mid-September, but a trend toward last-minute trips and more generous terms from hosts and airlines might help mitigate an otherwise gloomy travel and tourism season.

Covid-19 cases continued to grow over the weekend in nearly a dozen states as the nation's leading infectious disease expert warns about the nation's worrying level of new infections.