CNBC World News

Goldman Sachs sounded the alarm about a possible correction in the stock market, noting investors are underestimating the coronavirus risk.

Key fundraisers are jumping ship from Joe Biden's struggling presidential campaign to instead support Mike Bloomberg's ascending candidacy, according to people with direct knowledge of the matter.

The market's reaction to the coronavirus doesn't make sense because "irrational exuberance never makes sense," the former Morgan Stanley Asia chairman told CNBC.

As of Wednesday, more than 75,200 cases of coronavirus have been reported, resulting in at least 2,000 deaths.

Financial leaders of the world's 20 largest economies expect a modest pickup of global growth this year and next, but see the coronavirus epidemic as a downside risk.

Chelsey Glasson, a former user experience designer who worked at Alphabet's Google for five years, alleged her supervisor made discriminatory remarks about pregnant women, retaliated against her with poor performance ratings and unfairly denied her a leadership position.

Though the coronavirus had just taken hold when the Fed met in January, officials already expressed concern about its economic impacts.

The harsh reaction from Beijing came as China struggles not only to contain the fast-spreading coronavirus, but also to control the messaging surrounding the outbreak.

Billionaire Microsoft co-founder Bill Gates recently revealed that he's the proud new owner of a Porsche Taycan, the German luxury automaker's first-ever fully electric sports car. Elon Musk, fellow billionaire and CEO of rival electric automaker Tesla, was not impressed.

HNA Group was once one of China's most aggressive deal making firms, spending $50 billion to build an empire that once spread from Deutsche Bank to Hilton Worldwide.

The virus will definitely slow China's economic growth this year, Georgieva said, just how much depends on how well world leaders can contain the fast-spreading outbreak.

The aircraft maker said its Airbus Defense and Space division had entered consultation with the company's European works council on the planned cutbacks.

Two Iranians died from the coronavirus in a hospital in the holy Shi'ite city of Qom. The patients had been put in isolation. The death toll from the new coronavirus in mainland China passed 2,000 on Wednesday, although the number of new cases fell for a second straight day.

Burger King's latest ad campaign uses a moldy Whopper to show off the chain's removal of artificial preservatives.

Capt. Rosie Wild, an officer in the British Army, has become the first woman to pass the All Arms Pre Parachute Selection course, a brutal entry fitness test.

The Abu Dhabi Government is turning to the private sector for the next phase of its multi-year, 50 billion dirham ($13.6 billion) economic stimulus plan known as Ghadan 21.

Last year saw solar jobs grow in 31 states.

Deutsche Telekom CEO Tim Hoettges said the "new" T-Mobile would have a market value of around $120 billion.

The volume of corporate debt hit an all-time high of $13.5 trillion at the end of 2019, but the overall quality of bonds fell below levels seen before the global financial crisis, according to a new OECD report.

Iranian authorities have reported two suspected cases of the coronavirus, according to the country's semi-official ISNA news agency.