Juul Labs is planning to cut around a third of its staff as the e-cigarette maker faces a relentless series of regulatory headaches and falling market share, the Wall Street Journal reported on Wednesday.
Trump has been soliciting feedback from a wide range of executives on when and how to reopen businesses that have shuttered their doors amid the coronavirus pandemic.
Chris Whitty, England's chief medical officer, told reporters Monday it is "entirely plausible" that Covid-19 causes the inflammatory illness in children.
Gilead Sciences said preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved.
A Harvard University study published last week said the U.S. would need to ramp up testing capacity to at least 5 million tests a day by early June to reopen the economy.
Fiesta Restaurant Group, parent company of Pollo Tropical and Taco Cabana, announced in an SEC filing that it would be returning $15 million in small business rescue loans. The company did not say why it was returning the funds. The news comes in the wake of public outcry against publicly traded companies receiving the loans.
Everything is bigger in Texas — even the tax refunds. Filers residing in Midland, Texas, received an average refund of $3,800 in the 2018 tax year, according to MagnifyMoney's analysis of IRS data.
Oil prices jumped on Wednesday after data from the American Petroleum Institute showed a smaller-than-expected build in US inventories, and on hope that economies will soon reopen.
Through her humorous blend of pop culture and finance, Haley Sacks is upending the gender barriers on Wall Street and amassing hundreds of thousands of followers around the globe. Her latest initiative: an unfiltered guide to financially surviving the coronavirus crisis.
The coronavirus has upended the lives of millions of Americans. CNBC Make It talked to experts to find out how the future of work has been impacted by Covid-19.