CNBC Business

Asia Pacific generates about three quarters of global retail growth, and about two thirds of online growth, according to the Bain report, titled "The Future of Retail in Asia-Pacific: How to Thrive at High Speed."

Qantas reported a full-year statutory net loss of 1.964 billion Australian dollars ($1.41 billion) for the 12 months that ended on June 30.

"The iPads are wonderful but you're not going to learn the same way as being there," President Donald Trump said on Wednesday.

Autos is a "great opportunity" and "great intersection between the technologies we have and the needs of the car companies," Analog Devices CEO Vincent Roche said.

Thousands of people in California are under urgent evacuation orders as dozens of wildfires ravaged parts of the state on Wednesday.

A union leader said the city was planning to cut 400 emergency medical services positions amid the pandemic.

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

The Trump administration slapped fresh sanctions on two United Arab Emirates-based companies for providing material support to Iran's largest airline, the Treasury Department said Wednesday.

"I'll start believing in a V-shaped economic recovery the moment we get a V-shaped recovery in the bank stocks," the "Mad Money" host said.

Victoria's Secret owner L Brands on Wednesday said its sales fell 20% during the latest quarter with stores closed due to the pandemic, but they weren't as bad as analysts feared, buoyed by the strength of its soaps and fragrances division.

Boeing's cancellations have far outpaced orders of new aircraft this year as the pandemic hurts already weak demand.

"Bubonic plague in the U.S. is not the same scenario as the historical Black Death," one expert said.

Scientists say the U.S. needs a combination of herd immunity, a vaccine and hygienic practices to bring the virus down to low enough levels.

Lowe's said its second-quarter revenue surged 30% as consumers shifted spending from restaurants and travel to home improvement projects during the coronavirus pandemic.

Target reported dramatic growth among its online services, such as curbside pickup, and had sales growth across all of its merchandise categories.

The tale illustrates how months into the pandemic, scientists still are struggling to unravel the myriad ways the coronavirus attacks — and finding hints in surprising places.

Across the country, people are sharing stories about medication delays they're experiencing with the hashtag #USPSMeds.

Target CEO Brian Cornell said Americans shopped because they couldn't go on vacation or spend money on typical summer activities during the pandemic.

The coronavirus has infected more than 22.1 million people around the world as of Wednesday, killing at least 781,500 people.

Southwest said its third-quarter cash burn was slightly better than expected and capacity would be lower than previously expected.