CNBC Business

Arkansas is one of a handful of states reporting a recent spike in Covid-19 cases. The state is still scheduled to move into its next phase of reopening on Monday, Gov. Asa Hutchinson said.

Shares of Hertz surged Friday morning on unusual plans for the bankrupt company to sell up to $1 billion in shares.

CEOs and other business leaders are under increasing pressure to address racial inequality with tangible actions.

Major League Baseball officially presented another economic plan to players' union, as it hopes to resume its operations suspended by Covid-19.

"Given the many problems with the PPP program, it is imperative American taxpayers know if the money is going where Congress intended — to the truly small and unbanked small business," said Schumer.

Democratic senators expressed concern that the current form to apply for forgiveness, which is 11 pages long, "is especially burdensome" for "very small and underserved businesses."

A majority of Americans say they would not feel safe if restrictions meant to curb the spread of the coronavirus were lifted nationwide, according to a new CDC report.

Starbucks said Friday that the chain would allow workers to wear attire and accessories highlighting the Black Lives Matter movement, reversing its prior stance after social media users called for boycotts of the company.

"We were flying blind in February and March. We take for granted how much capacity we have right now to do testing and interventions," Dr. Scott Gottlieb told CNBC on Friday.

For the next SpaceX launch, the Air Force's 45th Space Wing will have mark a historic first for its weather forecast team.

Data compiled by HIP Investor Ratings shows 91% of S&P 500 companies have carved out a policy to drive diversity and equal opportunity but only 14% have outlined a set of targets and objectives around diversity for managers.

The Academy of Motion Picture Arts and Sciences is continuing its efforts to diversify its membership and those eligible for its annual awards.

"They're fomenting action. Once you foment action, it brings in suckers and then maybe they'll buy the stock thinking that there's something going on," CNBC's Jim Cramer said Friday.

In a memo to staff, National Football League commissioner Roger Goodell said the league would recognize Juneteenth as a holiday.

Los Angeles County announced safety protocols for restarting film and television production during the coronavirus pandemic.

Dave Chappelle's latest Netflix comedy special delves into George Floyd's death and the ensuing Black Lives Matter protests sweeping the country.

One of the largest religious gatherings in the world, the hajj draws about 2 million people to Saudi Arabia each year.

Check out the companies making the biggest moves in midday trading on Friday.

The NASA official who oversaw the first SpaceX astronaut launch last month will now lead all the agency's human spaceflight efforts.

"Many states have had more of a first-wave plateau, without a clear decline for many weeks," said Nicholas Reich, a professor of biostatistics and epidemiology at the University of Massachusetts, Amherst.