CNBC Business

The street party was held despite an uptick in the number of coronavirus cases reported in the Czech Republic last week.

Dow futures erase their losses and turn higher Wednesday on positive results from a coronavirus vaccine trial.

CBL said "there can be no assurance" that it will be able "to reach any agreement with respect to its indebtedness."

Private payrolls grew by 2.369 million for the month, a bit lower than the 2.5 million expectation from economists surveyed by Dow Jones, according to a report Wednesday from ADP and Moody's Analytics.

The acquisition comes at a time when many states are slowing or reversing their reopening plans as coronavirus cases climb. Restrictions on bars and indoor dining may be extended as a result, providing a boon for alcohol e-commerce.

Macy's on Wednesday reported a first-quarter loss, in line with the retailer's previously announced estimates, as its business took a hit from the coronavirus pandemic.

Expect to see fewer front-of-store items, a slimmed down selection of over-the-counter medications and an emphasis on relationships between pharmacists and customers.

NPC joins a host of other companies that filed for bankruptcy during the pandemic, including Chuck E. Cheese's parent company CEC Entertainment, rental car company Hertz and retailers J. Crew and J.C. Penney.

Shares of FedEx jumped 9.4% in extended trading on Tuesday after a surge in pandemic-fueled home deliveries helped the U.S. package carrier post better-than-expected quarterly profit and revenue.

The coronavirus has infected more than 10.45 million people around the world as of Wednesday, killing at least 510,632 people.

Results of a private survey released on Wednesday showed China's manufacturing activity beat expectations in June with the Caixin/Markit manufacturing Purchasing Manager's Index coming in at 51.2.

Beyond Meat announced Tuesday that Alibaba's Freshippo grocery stores would start selling its meatless burger patties.

Texas reported more than 6,900 new coronavirus cases on Tuesday, a record daily increase that brings the state's total to nearly 160,000 cases, according to the state's department of health.

"Mrs. Butterworth's was really architected to resemble a loving grandmother, but we can understand how some people may view it differently, may find it offensive," Conagra CEO Sean Connolly said.

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

The best stocks of the second quarter were the ones with "a lot of ingenuity and a lot more good luck," the "Mad Money" host said.

Simon Property Group might want to own bankrupt J.C. Penney to be able to redevelop some of its best real estate and make it even better, according to one analyst.

"We are now having 40 plus thousand new cases a day. I would not be surprised if we go up to 100,000 a day if this does not turn around, and so I am very concerned," Fauci said.

"You asked, Mr. Chairman, who's the fire department, who responds when there's an outbreak that threatens to become an epidemic," former U.S. Ambassador Jimmy Kolker said. "My reply to that question is there is no alternative to WHO."

The U.S. would need to do a better job of responding to the outbreak "in a coordinated way" rather than facing challenges with disparate responses, Dr. Anthony Fauci told lawmakers.