CNBC Business

The U.K. prime minister offered citizens a piece of optimism Thursday.

Oil prices rebounded on Thursday, one day after US oil posted its third largest loss on record.

Trade disruptions, debt vulnerabilities and a limited scope for monetary policy maneuvers threaten a slew of African economies as the coronavirus pandemic arrives on the continent.

President Donald Trump doubled down on blaming China for the coronavirus pandemic and again made a point of referring to the "Chinese virus" at a White House news conference.

The number of people who have died from the coronavirus in Italy has hit 3,405, according to Reuters.

"Minions: The Rise of Gru" will no longer be arriving in theaters on July 3 as coronavirus-related restrictions put in place in Paris, meant the company would be unable to finish production in time for its original release.

The number of confirmed U.S. COVID-19 cases surpassed 10,000, doubling over two days as states ramp up testing and the coronavirus sweeps across the country.

Ford said Thursday that it would suspend its dividend and withdraw its 2020 guidance as demand for autos declines amid the coronavirus.

"It takes many many people in this case to tango, but as far as I'm concerned conditions like that would be okay with me," Trump said.

The trade group is asking the White House for "clear national guidance" as it says state and local officials are shutting down key retailers, such as stores that sell livestock feed or rest stops for truck drivers.

During the coronavirus market turmoil, the S&P 500 has cratered 25%, while Walmart's stock is in the green, gaining 2%.

Due to the spike in COVID-19 cases, Cuomo ordered 75% of the workforce in nonessential services to stay at home, up from 50% a day earlier.

New York City Mayor Bill de Blasio plans to hold a press conference on the coronavirus outbreak that has infected more than 2,400 people in the city.

Domino's Pizza expects to hire about 10,000 workers nationwide as the coronavirus epidemic boosts demand for its pizza.

Dentist offices are cutting hours or closing after the American Dental Association advised dentists Monday to offer only emergency care to their patients amid the coronavirus pandemic.

Coldplay's Chris Martin and U2's Bono are among stars playing music online during the coronavirus crisis to spread the word about social distancing and share with fans, but livestreamed concerts may have a future.

Two House members have tested positive for the coronavirus illness, and a number of other members of Congress are in self-quarantine after exposure to infected people.

Disney is warning investors that the coronavirus pandemic has affected so many of its business segments that it's becoming more challenging for the company to estimate its future performance.

"Starbucks is not the PRC and is truthful, not propaganda," CNBC's Jim Cramer said Thursday. If the Chinese were lying, Starbucks CEO Kevin Johnson "would not open that store."

Bank of America issued a dire warning to investors on Thursday: The recession is here.