CNBC US News

Chipotle Mexican Grill founder Steve Ells has stepped down from the chain's board and relinquished his title of executive chairman.

Sequoia Capital sent out a memo to founders and CEOs of its portfolio companies about the worsening economic situation on Thursday.

The stocks making the biggest moves in premarket trading include Costco, Gap, Starbucks, H&R Block, and more.

As testing is poised to become more widely available from commercial labs, the cost of those diagnostic tests could become a factor in the effort to control the virus.

The two employees are among the more than 95,000 COVID-19 cases globally.

The closures come as San Francisco confirmed its first two cases of COVID-19 Thursday.

Microsoft's new policy will give normal pay to people who work for third companies but provide services like bus rides for Microsoft employees.

Costco reported stronger sales than analysts were expecting Thursday, thanks in part to a boost the company received from consumers stocking up at its stores to prepare for a more widespread outbreak of a new coronavirus.

Gap Inc. has tapped its Old Navy chief Sonia Syngal to be CEO, effective March 23, the company announced Thursday afternoon.

"Apps with information about current medical information need to be submitted by a recognized institution," Apple said in a screenshot seen by CNBC.

Facebook will remove political ads posted on its service if they contain misinformation related to the coronavirus, a company spokesman told CNBC on Thursday.

General Motors wants to make it a two-horse race between itself and Tesla with its next-generation of all-electric vehicles starting next year.

Health officials said they were unable to determine the source of the infections.

Sanders will focus more on beating Joe Biden in the 2020 Michigan Democratic primary, after Biden dominated in Southern states on Super Tuesday.

The Grand Princess cruise ship is owned by Carnival's Princess Cruises, the operator of the Diamond Princess ship, the site of what might have been the first major COVID-19 epidemic outside of China.

Former Vice President Joe Biden's plan to raise taxes on corporations and wealthy households would increase federal revenue by $4 trillion over the next decade, according to a new analysis by the nonpartisan Tax Policy Center.

Over the last three decades, women's wages have increased much faster than men's in higher skilled jobs. Still, the gender pay gap persists.

SpaceX signed a deal with Houston-based start-up Axiom to fly three space tourists to the International Space Station.

"When I say panicked, it doesn't mean it's not justified," DoubleLine Capital CEO Jeffrey Gundlach said about the Fed's surprise cut this week.

At least 49 of those cases are people who were evacuated from Wuhan, China, the epicenter of the outbreak, and the Diamond Princess cruise ship.