CNBC Business

China's government is confident of solving the current coronavirus crisis such that it will not damage the leadership, historian Wang Gungwu said on Wednesday.

As the virus keeps children at home, Chinese parents and schools are turning to online education, putting pressure on industry players to deliver.

Malaysia has reported 22 cases of COVID-19 as of Tuesday — the third-highest number in Southeast Asia behind Singapore and Thailand, according to data compiled by Johns Hopkins University.

"You've got Clorox, Zoom Video and Teladoc on reality, Gilead on hope. That's about it," the "Mad Money" host says.

The Wuhan Municipal Health Commission confirmed Liu Zhiming, the director of Wuchang Hospital in Wuhan, died Tuesday morning.

Oyo CEO and founder Ritesh Agarwal touts the Indian hospitality start-up's business model in an exclusive interview with CNBC's Seema Mody, dismissing reports of hotel owners not getting adequate compensation from the company.

As of Tuesday, more than 73,400 cases of the coronavirus have been confirmed, including at least 1,874 deaths.

"The banks do better in a rising interest rate environment, not a lower one," the "Mad Money" host says, explaining why bank stocks dropped during the session.

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Groupon CEO Rich Williams said the company's plan to ditch goods to focus on experiences will allow "a stronger Groupon emerge" in 2020.

As its online grocery business grows, Walmart is seeing pricier items like choice cuts of meat and organic fruits and vegetables in customers' baskets.

General Motors, Fiat Chrysler and Toyota Motor on Tuesday confirmed that they've resumed or are beginning to restart production in China.

The news comes after longtime Nike CEO Mark Parker stepped down effective last month.

"I think we need to give it a few more days to determine if that's real," immunologist Anthony Fauci told CNBC.

David Tepper's hedge fund, Appaloosa, is urging satellite company Intelsat to renegotiate terms of its 5G deal with regulators.

President Trump also granted executive clemency Tuesday to former NYPD commissioner Bernard Kerik, former Illinois Gov. Rod Blagojevich and ex-San Francisco 49ers owner Eddie DeBartolo Jr.

These are the stocks posting the largest moves in midday trading.

Virgin Galactic's stock has been leaping to record highs in recent weeks.

Men have a higher risk of death than women from COVID-19, Chinese researchers concluded in the largest study on the outbreak.

Walmart isn't yet sure how much of a hit it will take because of the deadly coronavirus outbreak that started in China and has now spread across the globe. But it will likely take one.