Volkswagen has reported an operating loss of 800 million euros ($940 million) for the first half of 2020 and cuts its dividend as the coronavirus pandemic hammered car sales.
Vietnam, once praised for its success in containing the coronavirus outbreak, is now battling a resurgence in cases and has warned that the disease could spread wider across the country.
While cannabis sales were down and the company's profit fell below expectations, recreational cannabis use is where the "big opportunity" is in the industry, CEO Irwin Simon said.
White House coronavirus advisor Dr. Anthony Fauci said that all the "valid" scientific data shows hydroxychloroquine isn't effective in treating Covid-19
"I come to praise the titans of tech, not bury them," "Mad Money" host Jim Cramer said as Big Tech chief executives testified in front of a congressional subcommittee.
President Donald Trump said the U.S. government is sending Texas 500 cases of antiviral drug remdesivir as coronavirus deaths in the state hit record highs.
A new wave of urban flight is reshaping real estate markets from New York to Chicago and Los Angeles to San Francisco. As part of this shift, Lake Tahoe is seeing unprecedented bidding wars, buying activity and price increases.
Universal may have struck a deal with the largest theater chain in the U.S., but it may find itself at odds with the second-largest theater chain if it looks to deviate from the traditional movie theater release model.
The scientist who changed the course of the AIDS epidemic is now taking a similar approach to fight Covid-19. Dr. David Ho joins Meg Tirrell on CNBC's "Healthy Returns: The Path Forward" on Wednesday 7/29 at 4:30p ET. Submit questions using #HealthyReturns.
White House health advisor Dr. Anthony Fauci warned parents sending kids back to school that children over 9 years old can spread the coronavirus as well as adults.
Bankrupted J.C. Penney is moving forward with a sale that should be completed by this fall, attorney Joshua Sussberg of Kirkland & Ellis said during a court hearing Wednesday afternoon.