Jing Yang, director of corporate research at Fitch Ratings, expects electric vehicles to outperform an overall slump in China's car sales this year given strong policy support.
President Donald Trump said Sunday that he believed that a "mistake" in China was the cause of the spreading coronavirus pandemic, though he did not present any evidence for the claim.
New York will require all hospitals to build a 90-day supply of personal protective equipment in the face of another outbreak after states dealt with widespread equipment shortages battling the coronavirus, New York Governor Andrew Cuomo announced on Sunday.
Dozens of states have unveiled reopening plans and several, including Georgia, South Carolina, Tennessee and Texas, have already begun to allow nonessential retailers to reopen.
Rocket Lab CEO Peter Beck told CNBC that the impact of the coronavirus crisis on the space industry is in "early days," as he expects a tough environment for at least 18 more months.
The second round of the Paycheck Protection Program launched last Monday and has so far provided over 2 million loans worth over $175 billion out of the total $310 billion Congress authorized in the latest relief package.
The rise of virtual hangouts and work meetings hasn't been enough to stop the battering of the beauty industry as the COVID-19 outbreak has largely put in-person activities on hold. But the clean beauty market has been a bright spot.
Swiss drugmaker Roche said on Sunday it expects to be able to produce "significantly more" than 100 million of its new coronavirus antibody tests monthly by the end of 2020, doubling its current production.
Some rural hospitals haven't had enough medical personnel for decades, are already operating at full capacity and don't have enough ventilators to handle a surge of patients.
As the coronavirus pandemic disrupts supply chains across the country, farmers are being forced to destroy their crops, dump milk and throw out perishable items that can't be stored.
The White House late Friday moved to oust an inspector general at the Department of Health and Human Services weeks after the official presented President Donald Trump with a report showing that hospitals responding to the coronavirus pandemic are lacking in necessary supplies.
For years tech companies, including Google and Samsung, have tried to promote their virtual reality headsets, but price and lack of cool content have kept the technology from going mainstream. Now there's hope the coronavirus shelter-in-place orders might spur growth.