Over half of CEOs around the world say the coronavirus is a significant threat to their business; 11% say it could bring their demise, according to a survey from YPO.
Congress is making additional loan funding available to small businesses in an effort to mitigate the effects of the coronavirus shutdowns across the U.S. But experts say that business owners need to avoid common pitfalls and do their homework before applying for these latest funds.
Economies might soon reopen in some states, but not everyone is planning to resume life as before. Some people are at higher risk of severe illness if they get Covid-19, and are planning to stay isolated until there's a proven treatment or a vaccine.
German consumers are counting their pennies rather than returning to shop in large numbers as stores gradually reopen after being locked down during the coronavirus crisis, the national retailers association said on Wednesday.
The U.S. is currently grappling with unprecedented levels of unemployment and is predicted to experience a coronavirus-induced recession at least through 2021. As of April 17, over 22 million American workers have lost their jobs due to coronavirus. CNBC Make It spoke with some of these Americans to learn how they have been impacted professionally, financially and mentally.
One of the top sports agents in the world said baseball could help America get back on its feet after coronavirus. Scott Boras is proposing a return to baseball without fans done as quickly as possible in a safe and responsible manner
As unprecedented volatility rocks the oil market and U.S. stocks grapple with the uncertainty surrounding the coronavirus pandemic, Todd Gordon of Ascent Wealth Partners suggests a trade on a long-term bond ETF.
The private equity firm Sycamore Partners is looking to back out of its deal to take over Victoria's Secret from L Brands, according to a lawsuit filed Wednesday.
"I think there's going to be a real challenge, especially here in the United States, as far as ramping the business back up," Hard Rock International Chairman Jim Allen told CNBC on Wednesday.
"Fundamentally it's going to be a slow process for us and really based on each individual's comfort level," Snap CEO Evan Spiegel told CNBC's "Squawk Alley."
"Quest has been at the tip of the spear in responding to this crisis, and we continue to play a critical role in the next phase of containing COVID-19," CEO Steve Rusckowski said.
Analysts say though Snap is showing optimistic signs of weathering much of the Covid-19 ad slowdown, other online ad-based businesses might be a different case.
Investors have more confidence in Tesla emerging from the coronavirus pandemic better positioned to lead in emerging technologies such as all-electric and autonomous more than traditional automakers such as General Motors and Toyota Motor.
Although Amazon now provides masks and temperature checks and enforces social distancing protocols to protect workers from Covid-19, many of its more than 250,000 warehouse workers say it's not enough.
New York City is still in a phase of widespread transmission, where officials are unable to trace the origin of most Covid-19 cases and is heavily reliant on social distancing, de Blasio said.
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 258,500 people across the state as of Wednesday.