CNBC Business

"My stance is if we don't do something quickly in the face of a pandemic, you are going to cripple this domestic industry on the other side," CEO Matt Gallagher told CNBC.

As millions stay home to curb the spread of Covid-19, U.N. chief Antonio Guterres warned that the world is witnessing a "horrifying global surge in domestic violence."

Members of the coronavirus task force are expected to hold a press briefing Wednesday amid signs that the curve is flattening in some hard-hit areas.

Even though scientists are still learning about Covid-19, the virus has shown the capability to "accelerate in a number of different climates," one WHO official says.

"If we take this money and don't treat it like the precious capital that it is ... then we've done a disservice to everyone," Junior's Cheesecake owner Alan Rosen told CNBC.

New York state is moving to a "new normal," Cuomo also said as he outlined a gradual reopening of businesses.

Cinemark, the third-largest movie theater chain in the U.S., hopes to reopen at least some of its doors to the public in July. But the movie-going experience might be a little different when it does.

"Data on the pace of virus spread are encouraging, suggesting that lockdowns have paid large dividends," Goldman's chief economist wrote.

California Gov. Gavin Newsom announced additional unemployment benefits for the state on Wednesday as well as new measures to handle a record volume of unemployment inquiries.

Russia tested a missile capable of knocking out satellites in orbit, the top U.S. space general said on Wednesday.

The German government, however, extended social distancing measures until May 3, which limit public gatherings to just two people.

New York Gov. Andrew Cuomo called on the federal government to expand coronavirus testing availability.

CNBC's Meg Tirrell interviews epidemiologist Dr. Michael Osterholm about the fight against COVID-19, what's preventing widespread testing, and when to we re-open the country.

House Democrats say Trump cannot halt funds already approved by Congress for the World Health Organization, which is fighting the coronavirus.

The #AllInChallenge from Fanatics founder Michael Rubin has enlisted celebrities and sports stars including Leonardo DiCaprio, ARod and Mark Cuban to fight COVID-19 food insecurity.

If Greenland's ice sheet is melted away completely, global sea levels could rise by as much as 23 feet, raising serious concerns for coastal communities across the world.

The World Health Organization is turning to other countries to help fill any gaps in financing its Covid-19 response work after Trump said the U.S. would withhold contributions.

The coronavirus pandemic is straining McDonald's relationship with its U.S. franchisees once again.

Once common in cars and still beloved by many auto enthusiasts the manual transmission is dying out. Automatic transmissions are improving and the small but growing share of electric cars need no multi-gear transmission at all.