CNBC US News

Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday.

Life Time Fitness CEO Bahram Akradi on Thursday said that the gym industry could see a "small degradation" as more people opt for at-home workouts.

CDC Director Dr. Robert Redfield said that while young people face a lower risk of severe disease and death due to Covid-19, a high rate of infection among young Americans increases the chances that they go on to infect older, at-risk people.

The 18,100-seat arena will be the first net zero carbon certified arena in the world, Amazon said.

Biden is tying Trump's effort to scrap Obamacare to the coronavirus, saying that the law's dismantling would make the pandemic response worse.

Apple stores tend to be in important shopping centers and malls, and can be seen as an indicator of how smoothly and where retail operations can re-open in the United States.

This comes after IBM, Microsoft and Amazon said they would end sales of the technology to law enforcement, at least temporarily.

Apple has introduced new mobility metrics geared to health developers, researchers and the medical community.

New York City is scheduled to begin its phase three reopening as early as July 6, which would reopen restaurants for indoor service and additional personal care businesses with reduced capacity.

Salesforce Ventures, one of the most active corporate venture groups in tech, is investing in Tanium as part of a strategic tie-up between the two companies.

Strategists say they are now paying attention to a more refined set of disease metrics when deciding when to sell.

State travel restrictions aimed at stopping the spread of Covid-19 aren't "helpful," according to Airbus Americas' CEO.

Darden Restaurants CEO Gene Lee said that the company has not seen any changes to consumer behavior even as Covid-19 cases begin to spike in some states.

The Supreme Court sided 7-2 with President Donald Trump on Thursday in an immigration case concerning speedy deportations known as "expedited removal."

Eager to streamline the process of drug development during the pandemic, researchers, pharmaceutical companies and a handful of tech start-ups have started virtual clinical trials, also known as remote or decentralized trials.

"The president of the United States is not a civilian," said a White House spokesman when asked about Trump's compliance with the New Jersey Covid-19 quarantine order.

Jobless claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly high. Economists surveyed by Dow Jones had been expecting 1.35 million claims.

Darden Restaurants reported that same-store sales were nearly cut in half during the fiscal fourth quarter.

The coronavirus pandemic upended CEC Entertainment's business, with same-store sales falling 21.9% during the first quarter.

"They need to look at some selected shut downs of congregate settings like, perhaps, bars," the former FDA director said.