CNBC Business

Even Nike, often lauded as one of the strongest global brands in the retail industry, is taking a hit from the coronavirus pandemic.

"The last thing we want to do as a state is go backwards and close down businesses," Gov. Greg Abbott said

"I say to them all look at the numbers," Cuomo said, referring to conservative states seeing a rise in Covid-19 cases. "You played politics with this virus, and you lost."

Travelers arriving in New York, New Jersey and Connecticut from Florida, Texas and other states with spiking Covid-19 infection rates will be subject to a 14-day quarantine and fines if they don't self-isolate.

Saks is one of the luxury retailers trying to bounce back from temporary closures during the coronavirus pandemic and encourage customers to return to its stores.

Airlines are cracking down on travelers who refuse to wear a mask onboard flights and in some cases temporarily banning them.

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.

Take a look at the stocks making headlines in midday trading.

Milwaukee Bucks and Avenue Capital co-founder Marc Lasry said on CNBC's "Halftime Report" that the NBA will continue with its plan to restart games despite an uptick of Covid-19 cases in Florida.

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.

Monday's auction marks the first real test of the global art market since the coronavirus pandemic and is a bold experiment in bidding.

Macy's said it is cutting 3% of its workforce to reduce costs as it struggles with the effects of the coronavirus pandemic.

The Imagineers at Disney announced Thursday that the Splash Mountain ride at both Disneyland in California and Disney World in Florida will be redesigned to feature characters from its animated movie "The Princess and the Frog."

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.

"What's remarkable is there are more human beings being affected by the disease today than on March 21 when markets were 40% lower," Fink told CNBC.

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

Movie theater owners may be eager to reopen their screens to the public, but health experts aren't convinced that its time to head back to cinemas.

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.