It estimates it can potentially produce "millions" of coronavirus vaccine doses by the end of this year and "hundreds of millions of doses" in 2021 if the vaccine is successful.
Germany's coronavirus infection rate has edged up, prompting the head of the country's infectious diseases institute to urge people to stay at home as much as possible.
The U.S. is not even "remotely prepared" to re-open, an expert said on Tuesday as some states are set to lift lockdowns that had been imposed to contain the coronavirus outbreak.
Boeing is planning to resume production of 787 Dreamliners at its South Carolina factory early next month after a nearly monthlong closure because of the coronavirus.
Tyson Foods expects that millions of pounds of meat will disappear from the food supply as the company temporarily shutters beef, pork and chicken plants due to local coronavirus outbreaks.
Retailers and health-care companies spoke about their plans to expand testing at the White House, but some cautioned the timing and ramp-up will depend on having enough supplies and lab capacity.
The number of orders placed online and picked up at stores by customers surged 208% between April 1 and April 20 compared with a year ago, according to data pulled from Adobe Analytics.
Hot dog and restaurant company Nathan's Famous said it received a $1.2 million loan under the Paycheck Protection Program (PPP), according to an SEC filing. In the wake of new federal guidance for the federal program, the company says it will return the money.
"All those things and many more, changes to our physical facilities, for instance, will be necessary for us to conclude that we are safe," Purdue University President Mitch Daniels told CNBC.
More than 1.9 million unemployment claims have been filed in Texas since the outbreak began and the state has paid out more than $2 billion, Abbott said.