CNBC Business

The number of deaths in New York state related to the coronavirus pandemic has topped 500

Vice President Mike Pence said that the fundamentals of the U.S. economy remain strong despite the coronavirus pandemic that has tanked markets and led to unprecedented layoffs of millions.

Labor unions played an instrumental role in getting a contentious coronavirus aid bill that protects their jobs through the end of September.

NASA on Friday picked SpaceX as the first supplier to take cargo to the agency's Gateway station in orbit around the moon.

The major U.S. grocers have shortened their hiring processes and received applications from workers in hard-hit industries, such as restaurants and hospitality.

General Motors and Ventec Life Systems have agreed to build critical-care ventilators at one of the automaker's components plants in Indiana.

President Trump suggested he would invoke the Defense Production Act to force companies to produce needed equipment like ventilators.

Check out the companies making headlines in midday trading on Friday.

Restaurant suppliers are pivoting to selling to grocery stores or directly to consumers to keep their businesses afloat amid the coronavirus pandemic.

A growing number of health experts are saying the United States needs to have a two-week-long or more shelter-in-place or lockdown to try to stop the coronavirus pandemic in its tracks.

Business is booming for alcohol delivery apps like Drizly and Minibar Delivery, with bars and restaurants closed across the country during the coronavirus shutdown.

If store closures because of the coronavirus last longer than eight months, that is when "liquidity becomes a significant risk factor" for department store chains, Cowen & Co. said.

On Thursday, the number of confirmed cases in the U.S. passed that of both China and Italy, becoming the largest outbreak in the world.

The CEO of Novartis said it is "too soon" to know whether two anti-malaria drugs could be the definitive treatment for the coronavirus.

The state has already spent $1 billion trying to stymie the outbreak and estimates that business closures will cost roughly $10 billion to $15 billion in lost revenue.

Veeva Systems CEO Peter Gassner said its remote meeting application has been made free to help keep doctors and pharma companies connected during coronavirus.

With travel at a near standstill amid the coronavirus pandemic, the Department of Homeland Security is delaying the Real ID enforcement deadline to Oct. 1, 2021.

Global cases of infection rose above 530,000 and around 24,000 people have died, according to data compiled by Johns Hopkins University.

MLB and Fanatics are supporting healthcare workers in the fight against COVID-19. They have teamed up to manufacture hosptal gowns and masks with the same jersey fabric that players use on the field.

"Our death toll curve is now worse than when China was at the same stage," Haven CEO Dr. Atul Gawande tells CNBC.