CNBC US News

"We're always busy in the summertime and what we're seeing now is a typical summer for us," Memorial Hermann Health System CEO Dr. David Callender told CNBC.

As of Thursday, the nation's seven-day average of new Covid-19 cases reached a record high of more than 33,000 cases, according to a CNBC analysis of Johns Hopkins University data.

Microsoft said the closing of its physical locations will "result in a pre-tax charge of approximately $450 million, or $0.05 per share," which it will record in the current quarter ending June 30.

Dr. Anthony Fauci said he personally is an advocate of "flooding the system with testing, so you really get a good handle about what is going on in the community."

Some states might have to consider shutting down businesses and implementing restrictions on movement again to keep the health-care system from getting overwhelmed, Fauci said.

Ro, which previously specialized in men's health, is now generating $250 million in annual revenue after expanding its product line.

While Trump had regularly held rallies throughout much of his first term, the campaign suspended them for months as the coronavirus took hold.

The Florida Department of Health also reported that 13.05% of all tests came back positive, up from 8.92% reported on Thursday.

On Thursday evening, Ford unveiled traditional and hybrid versions of the 2021 F-150 pickup. The truck is scheduled to begin arriving in dealerships this fall.

Higher restaurant spending appears to be linked to a faster spread of the coronavirus, according to JPMorgan.

U.S. Treasury yields dropped on Friday as investors tracked new infection rates of Covid-19.

Members of the coronavirus task force are expected to hold a media briefing on Friday, its first in two months.

Virgin Galactic is looking forward to the growing opportunity to fly NASA astronauts and researchers on its spaceflights.

Many colleges and universities are still determining how they will address the question of student housing in the age of Covid-19. Some schools are looking for answers off campus.

With multiple states experiencing a spike in Covid-19 cases amid the ongoing pandemic, controversy has brewed over whether people should be required to wear masks in public to help slow the spread of the virus.

A spike in savings coupled with the Fed's move to hold its benchmark rate at essentially zero have put pressure on deposit rates.

Ford is bringing a new level of technology to its 2021 F-150 pickup to attract new buyers while also trying to please its loyal customers with features tailored to them.

Social media posts that make trading look fun and easy are partially responsible for the rush of retail investors to the stock market, says Dan Egan, managing director of behavioral finance and investing at Betterment.

American Airlines announced Friday that it will resume full flights starting July 1 amid the ongoing coronavirus pandemic.

A spinoff of VMware may make the most sense for Dell, VMware and their shareholders with Dell struggled as a public company.