CNBC Business

Both automakers this week announced significant job cuts to reduce costs and right size operations due to weakening demand for their vehicles.

CNBC's Jim Cramer on Friday raved about the May jobs report, saying the 2.5 million jobs added was evidence the U.S. economy was bouncing back from the coronavirus-induced devastation.

President Donald Trump characterized the decision to support closing the economy as "the hardest decision of my life."

Film crews will need to adapt to handle the challenges brought on by the coronavirus. Four industry experts weigh in on how the entirety of film production, from script to final edit, could be altered.

The milestone represents a turning point in the country's epidemic, as restrictions on individual movement and businesses have driven down the spread of the virus in the hardest-hit cities such as New York.

Check out the companies making headlines in midday trading on Friday.

Tesla shares have raced nearly 110% higher this year, and they could be gearing up for an even bigger rally.

McMillon, who leads the Business Roundtable, announced the group of CEOs will form a special committee to advance racial equality and justice solutions.

Mall owner CBL & Associates said Friday that its ability to continue as a going concern is in doubt after the retailers in its properties skipped rent payments during the Covid-19 crisis, forcing CBL to miss its own interest payment.

Airline stocks have surged this weeks on signs of optimism about an uptick in travel demand after hitting lows because of the coronavirus.

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak on the heels of protests across the U.S. over the police killing of George Floyd.

CNBC studied the net change in employment by industry for May based on data from the Labor Department.

Dow futures really started to soar after the government's May jobs report was much better than feared.

There are several reasons the stock market could see another steep selloff. Its recent speedy recovery is evidence that investors should stay the course.

Nike Chief Executive John Donahoe sent a memo to employees regarding the recent events that have unfolded in the wake of George Floyd's death, saying the retailer must get its own "house in order."

The coronavirus has infected more than 6.6 million people around the world as of Friday, killing at least 389,620 people.

Coronavirus cases in the United States have been slowly ticking up since the Memorial Day holiday, according to a CNBC analysis of data compiled by Johns Hopkins University.

There are doubts that the EU's plan to raise 750 billion euros will quash anti-EU feelings completely, and put an end to political risks in the region.

Widely used drugs to control high blood pressure may help protect against severe Covid-19, a new study found, allaying concerns that they could make the illness caused by the coronavirus worse.

Furloughed health care workers are more likely to get their jobs back, but the May jobs numbers is expected to show an uneven pace of recovery in health care.