CNBC Business

Boeing is laying off more than 6,000 employees this week in a bid to cut costs as the coronavirus roils demand for air travel. The company aims to reduce its head count, which numbered more than 160,000 in 2019, by 10%.

A majority of millionaires surveyed by CNBC and Spectrem said the S&P 500 will end the year down, according to the survey,

Watch the livestream of SpaceX launching NASA astronauts for the first time on Wednesday.

The Dallas-headquartered company is seeking court approval to shut at least 132 stores, which it says are either underperforming or are located in areas where another store is closeby.

Brazil has reported more cases over the last week than any other seven-day period since the outbreak began.

New York Gov. Andrew Cuomo told Republican lawmakers on Wednesday to "stop abusing" states like New York, New Jersey and California that are in need of federal aid because of Covid-19.

Newark's recent rise can provide lessons on how cities can rebuild from the devastation of the coronavirus pandemic: Lata N. Reddy, Mayor Ras J. Baraka and Michael B. Jordan.

"There is no empirical evidence at this point that these drugs work in this case either for treatment or for prophylaxis," said Mike Ryan, executive director of the WHO's emergencies program.

Americans' finances have been battered by the coronavirus pandemic, and now a new threat is emerging: hurricane season. Only 15% of people polled by the American Institute of CPAs have drafted a disaster plan to deal with it.

"Don't start leapfrogging over the recommendations of some of the guidelines because that's really tempting fate and asking for trouble," Fauci says.

New York City is in the process of figuring out when and how to reopen restaurants and bars safely with public health measures, Mayor Bill de Blasio said Wednesday.

New data on the pace of restaurant reservations show that the national decline in bookings is starting to slow.

It remains unclear whether people who have been infected with the coronavirus are at risk of becoming infected again, WHO says.

NASA astronauts Bob Behnken and Doug Hurley are about to strap into SpaceX's Crew Dragon capsule.

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 363,800 people across the state as of Wednesday.

CNBC's Jim Cramer said on "Squawk on the Street" that he saw "quicksand" under recent rallies by some stocks, saying high unemployment and the overall economy do not support the moves.

Disney on Wednesday proposed a phased reopening of Walt Disney World's Magic Kingdom and Animal Kingdom on July 11 and Epcot and Hollywood Studios on July 15.

Major League Baseball says the plan is consistent with economic realities facing league due to the Covid-19 pandemic.

Sir Richard Branson has built a global empire and a widely recognized brand through charisma, brains, and sheet guts. But Virgin Group has invested in cruise lines, hotels, and airlines such as Virgin Atlantic, which are all threatened by the coronavirus pandemic.

"I think we'll have to have one more cycle of this virus in the fall, heading into the winter, before we get to a vaccine," the former FDA chief told CNBC on Wednesday.