CNBC Top Stories

Oracle reported earnings that beat estimates during another market selloff on Thursday.

Check out the companies making headlines after the bell.

"Unfortunately this virus laid bare the severe shortcomings of the current administration," Biden said in front of American flags at an event in Delaware.

Apple, Facebook, Alphabet, Amazon and Microsoft lost a combined $416.63 billion on Thursday as fears about the coronavirus and its effects on the economy continued to scare investors.

The organization also canceled "all remaining winter and spring" championships.

There are currently at least 328 people confirmed cases in New York, Cuomo said, adding that if the state's actual cases were "10 times that, I would not be surprised."

Lew said the corporate tax cut created by the current administration should have put most large businesses in a strong cash position.

While much of the attention in the bond market has been focused on the Treasury side, corporate fixed income has been in its own state of turmoil.

Stocks plummeted on Thursday as the Dow dropped 10% for its largest drop since Oct. 1987, while the S&P 500 shed 9%, closing in bear market territory to officially end the bear market.

The entire country of Italy is shut down as it attempts to slow the coronavirus outbreak and stem a rising death toll. Here's what it looks like.

Gap earlier this month said it was tapping its Old Navy chief, Sonia Syngal, to be CEO, effective March 23.

Americans took to social media to complain that they were waiting for several hours to reach customer service at Chase and other credit card companies in order to change their travel plans amid the coronavirus outbreak.

Stocks got roiled again on Thursday as the U.S. government failed to assuage fears of the coronavirus outbreak denting economic growth.

Stocks plummeted after Trump and the Fed failed to quell concerns over a possible economic slowdown stemming from the coronavirus.

House Speaker Nancy Pelosi has canceled a big money Democratic fundraiser scheduled for Thursday night in New York out of concern over the rapidly spreading coronavirus.

Sen. Bernie Sanders will win California's democratic presidential primary, NBC News projects.

The world's leading forces in live entertainment have recommended that large scale events taking place through the end of March be postponed due to the coronavirus outbreak.

CBS and NBC Universal said Thursday they will no longer hold live presentations for the advertising community this spring, instead opting to release video presentations.

A Brazilian official who met with President Trump at Mar-a-Lago over the weekend has tested positive for the coronavirus, according to media reports.

"I've said the same thing to you every day for the past three weeks, I think. You are going to see these numbers are going to go up," Cuomo said during a press conference Thursday.