CNBC Business

Trading in shares of Hertz were halted Wednesday pending news around the bankrupt company's controversial stock sale.

MLB commissioner Rod Manfred said he meet with the Major League Baseball Players Association executive director Tony Clark on Tuesday to discuss the possibilities of resuming operations that are still on hiatus due to Covid-19.

As pharmaceutical and biotech companies race to develop Covid-19 vaccines, how do we make sure that we don't sacrifice safety for speed? Meg Tirrell talks to vaccine expert Dr. Paul Offit on "Healthy Returns: The Path Forward" Wednesday at 4:30p ET. Submit questions using #HealthyReturns.

A coronavirus model once cited by the White House now projects that more than 200,000 Americans could die of Covid-19 by Oct. 1, as new cases are reaching record highs in parts of the country.

GoodRx helps millions of consumers find the best prices at more than 70,000 pharmacies nationwide via its website and mobile app. It made the No. 20 spot on CNBC's 2020 Disruptor 50 list, released Tuesday.

The NBA has provided players with a health and safety plan that includes unique technology and data usage in an effort to curb coronavirus from reaching the Orlando bubble

New York Gov. Andrew Cuomo said Wednesday that New York City will be allowed to reopen some in-store retail and office spaces with health precautions on Monday.

The World Health Organization announced it is dropping hydroxychloroquine, the malaria drug backed by President Trump, from its global study looking at potential treatments for the coronavirus.

The results from the RECOVERY trial at the University of Oxford were "very significant," but it was only one study, a WHO official said.

"Opportunity zones," a key White House program aimed at reducing racial inequities, have benefited big real estate projects more than minority-owned small business, according to a study.

Grocery stores have been the beneficiaries of closed restaurants so far this year, and options traders are betting the gains could get even bigger when Kroger reports earnings Thursday

"But all these large gatherings are going to lead to spread. There's just no question about it," former FDA chief Dr. Scott Gottlieb said.

Kabbage had to pause its primary, traditional lending business after the economic shutdowns so it could focus on helping the government distribute emergency funding.

"We, as White people, all know people who are racist. Maybe not overtly racist, but subtly racist," the billionaire entrepreneur told CNBC on Wednesday. "When we see people act that way, we have to step in and say something."

Bankrup J.C. Penney has kicked off liquidation sales at 136 locations across the country, the department store chain announced Wednesday morning.

New York Gov. Andrew Cuomo is holding his daily news conference Wednesday as the state begins to see its Covid-19 outbreak ease and pushes further into reopening.

His comments come after some business leaders and lawmakers have called on the government to relax the guidelines.

The United Auto Workers union is asking its roughly 399,000 members, including those at the Detroit automakers, to pause Friday, Juneteenth, in a moment of reflection and support for protests across the globe to end racism and hate.

Google is expanding its annual ad grants commitment to $1 billion to support nonprofits fighting Covid-19 and racial injustice.

Beyond Meat announced Wednesday that it will sell value packs of its meatless burgers.