CNBC Business

Macy's said it is cutting 3% of its workforce to reduce costs as it struggles with the effects of the coronavirus pandemic.

The Imagineers at Disney announced Thursday that the Splash Mountain ride at both Disneyland in California and Disney World in Florida will be redesigned to feature characters from its animated movie "The Princess and the Frog."

New York City is scheduled to begin its phase three reopening as early as July 6, which would reopen restaurants for indoor service and additional personal care businesses with reduced capacity.

"What's remarkable is there are more human beings being affected by the disease today than on March 21 when markets were 40% lower," Fink told CNBC.

Strategists say they are now paying attention to a more refined set of disease metrics when deciding when to sell.

Movie theater owners may be eager to reopen their screens to the public, but health experts aren't convinced that its time to head back to cinemas.

State travel restrictions aimed at stopping the spread of Covid-19 aren't "helpful," according to Airbus Americas' CEO.

Darden Restaurants CEO Gene Lee said that the company has not seen any changes to consumer behavior even as Covid-19 cases begin to spike in some states.

Eager to streamline the process of drug development during the pandemic, researchers, pharmaceutical companies and a handful of tech start-ups have started virtual clinical trials, also known as remote or decentralized trials.

Darden Restaurants reported that same-store sales were nearly cut in half during the fiscal fourth quarter.

The NFL Hall of Fame game was scheduled for Aug. 6.

The coronavirus pandemic upended CEC Entertainment's business, with same-store sales falling 21.9% during the first quarter.

What have we learned about the coronavirus and what do we still need to find out most urgently? Meg Tirrell talks to Columbia University virologist Angela Rasmussen on "Healthy Returns: The Path Forward" Wednesday, June 24th at 4:30p ET. Submit questions using #HealthyReturns.

"They need to look at some selected shut downs of congregate settings like, perhaps, bars," the former FDA director said.

Unilever will drop the word "fair" from its "Fair & Lovely" brand of skin lightening products which are popular in South Asia but have long been criticized for promoting negative stereotypes against people with darker skin.

Americans who live in other countries are among those who still have not received their coronavirus stimulus checks. Because their payments are mostly in the form of paper checks that must be sent internationally, they may face a longer wait than most.

Dow futures were under pressure on Thursday, one day after the U.S. saw a record number of new daily coronavirus cases.

The grim milestone reported on Wednesday surpasses the peak that was hit in late April.

The coronavirus pandemic has pushed many consumers to start ordering their fast-food breakfast meals through third-party delivery apps.