CNBC Business

British Airways has reached an agreement with the U.K. trade union Unite to furlough staff without anyone being made redundant.

Scott Gottlieb said Thursday that the sense of "urgency" being applied to the development of a COVID-19 vaccine needs to be applied to developing a therapeutic.

Luckin Coffee disclosed that an internal investigation has found that its chief operating officer fabricated 2019 sales by about 2.2 billion yuan.

"All of our facilities are open. People are back at work. We're operating normally" in China, McCormick & Company CEO Lawrence Kurzius told CNBC.

The world's top paid soccer star, Lionel Messi, said earlier this week that he and his fellow FC Barcelona players had agreed to take a 70% pay cut to help the club manage costs amid the coronavirus crisis.

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and an expert serving on President Donald Trump's coronavirus task force, has been assigned a security detail after receiving multiple threats, according to news reports.

The drawdown is another example of how Royal, along with peers Carnival Corp. and Norwegian Cruise, have sought cash infusions to remain solvent after the industry announced a suspension of operations due to the coronavirus pandemic.

Durbin says airline shareholders have not reaped benefits from a $50 billion bailout Congress passed as part of its coronavirus relief bill.

Kinsa says its real-time data gathered from its smart thermometer could help forecast coronavirus hot spots faster than the CDC to quickly pinpoint where resources need to be allocated fast to stop the spread of COVID-19.

Ford's sales decline is larger than GM's and Fiat Chrysler's but lower than the 15% slide expected for the overall industry amid the coronavirus outbreak.

J.D. Power reports that the combined share of General Motors, Ford Motor and Fiat Chrysler was 51% to end last week – the highest level for a week since 2006.

To date, more than 938,000 people worldwide have contracted the coronavirus, with 47,273 deaths, according to Johns Hopkins University.

First-time claims for unemployment insurance had been expected to total 3.1 million, according to economists surveyed by Dow Jones.

Boeing is set to offer buyout and early retirement packages to employees to stem the fallout from the coronavirus pandemic.

Throughout the U.S., small businesses and nonprofits are retooling to survive — and make a difference — by shifting operations to make products needed in the fight against the coronavirus pandemic.

While New York may still be the city that never sleeps, it is also a city that has been subdued, muted and left immobile.

Restaurants are turning to bundling in-demand consumer products with food and drinks to reach out to their communities even as the future of their businesses is unclear.

Delta and United Airlines are "the two most critical airlines for our country," says Mark Tepper, the president and CEO of Strategic Wealth Partners.

The U.S. has the most number of reported cases globally at over 216,000, according to data compiled by Johns Hopkins University.

As of Thursday morning, there were around 6,400 confirmed cases of the coronavirus in the whole of Africa, and governments across the continent are implementing robust measures in an effort to get out ahead of the pandemic.