CNBC Top Stories

The judge for the Tesla shareholder trial said on Friday that the case will be delayed until "concerns regarding COVID-19 have abated."

New York Gov. Andrew Cuomo plans to update the public on the COVID-19 outbreak.

Check out the companies making headlines in midday trading.

Ford Motor and General Motors have instructed employees who can work from home to do so beginning Monday due to concerns over the coronavirus.

The CDC recommends that people over 60 and anyone with chronic medical conditions stock up on goods and buckle down for a lengthy stay home.

Apple joins several other tech companies in canceling spring conferences.

Trump had said he is "not concerned" about his exposure to a Brazilian press aide who tested positive for the coronavirus, and the White House said there were no plans for the president to get tested.

"It seems appropriate to characterize it as a novel-global recession," said JPMorgan's chief economist.

Airlines are arguably the hardest hit industry due to the travel restrictions to slow down the spreading of the coronavirus.

Recent market swings have proven the efficacy and strength of exchange-traded funds as trading mechanisms, says Dave Nadig, chief investment officer of ETF Trends.

The New York Stock Exchange is prepared for the possibility that someone working on its trading floor may contract coronavirus.

"This is truly the 'Black Swan' event for sports," Marty Conway, an adjunct professor at Georgetown University's McDonough School of Business, said.

"In the days and weeks ahead, we expect to see the number of cases, the number of deaths and the number of affected countries to climb even higher," WHO Director-General Dr. Tedros Adhanom Ghebreyesus said Wednesday.

"There's trillions of dollars on the sideline, waiting and waiting and waiting," CNBC's Jim Cramer said on "Squawk Box." "They've got what they've been waiting for."

As the restaurant industry braces for the impact of the coronavirus outbreak, Grubhub is temporarily suspending commission fees for impacted independent restaurants of up to $100 million.

The move comes in response to market demand that the Fed act immediately to quell what has been an extraordinarily volatile time in the bond market, with yields sinking to historic lows amid rising liquidity concerns.

"The Federal Reserve must FINALLY lower the Fed Rate to something comparable to their competitor Central Banks," Trump tweets, calling out Fed Chair Jerome Powell by name.

Unlike the prior stock halts in the past week, Friday's was thanks to a surge in buying instead of intense selling.

Progressive groups are calling on the Supreme Court to provide live broadcasts of its arguments while it remains closed to the public because of coronavirus.

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