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Italian PM says ‘worst is behind us;’ Elvis Presley’s Graceland to reopen


Confirmed coronavirus cases around the world passed 5 million early Thursday as infections continue to accelerate in the Americas. Drugmaker AstraZeneca said it received more than $1 billion from the U.S. Biomedical Advanced Research and Development Authority, a part of the Department of Health and Human Services, to develop a vaccine in partnership with the University of Oxford. The company said it will begin first deliveries of doses by September 2020, but it must first prove its potential vaccine is safe for humans and effectively prevents the infection.

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as…


More than half of small businesses are looking for PPP forgiveness

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