CNBC Business

Darden Restaurants also withdrew its fiscal 2020 outlook and suspended its quarterly dividend due to the coronavirus crisis.

Italy's lockdown is set to be extended beyond current end-date of April 3, Prime Minister Giuseppe Conte said as Italy's daily death toll spikes.

Members of the task force created to address the deadly coronavirus outbreak are expected to hold a press briefing Wednesday at the White House as state and local authorities take drastic measures to slow the spread of the disease.

New York Gov. Andrew Cuomo is holding a briefing Thursday on the COVID-19 spreading throughout the state.

CNBC's Jim Cramer said whatever corporate America looks like after the coronavirus crisis, CEOs should not benefit more than their employees.

As the Dow Jones Industrial Average plummeted through 20,000 this week, one of its stocks is holding up against the sell-off.

The WHO has repeatedly underlined the importance of "flattening the curve" in order to tackle the coronavirus outbreak.

Senate Minority Leader Chuck Schumer is among those arguing for expanded unemployment insurance as a source of relief as the coronavirus outbreak hammers the economy.

Amazon, Netflix and Facebook top JPMorgan's list of stay-at-home stocks that could be "bright spots" amid the market's coronavirus-fueled volatility, and analyst JC O'Hara is particularly positive on one of the three.

Retailers are testing new ways to reduce risk for people who are older or have medical conditions, as crowded stores make it hard for them to buy food and maintain social distance.

Asked whether the U.S. could see millions of deaths, she said "It would not surprise me. We need to prepare for the worst."

U.S. stock futures point to more losses for the Dow at Thursday's open, one day after a wild Wall Street session driven by mounting coronavirus concerns.

U.S. President Donald Trump said he signed the Defense Production Act to ramp up production of medical supplies to fill shortages.

Hotels are seeing occupancy rates and revenue per available room tumble as travelers stay at home during the coronavirus outbreak.

The French civil servant has been in charge of all the negotiations between the European Union and the United Kingdom.

Preparations to shut down much of the U.K. appear to be in place with all schools set to close on Friday and public transport closures introduced in London. Meanwhile in Europe, the EU's chief Brexit negotiator has said he has contracted the virus.

Researchers found the virus was detectable in aerosols for up to three hours, up to four hours on copper and up to 24 hours on cardboard.

The UAE government is putting its development plans "on steroids" despite low oil prices and the global coronavirus outbreak, said Mohammed Ali al-Shorafa of the Abu Dhabi Department of Economic Development.

India has reported at least 168 cases, out of which 14 have recovered and three died, according to the health ministry.

The retailers are dealing with a spike in demand as shoppers go to Home Depot for home essentials and to Best Buy for tech-related products for online education and home offices.