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AstraZeneca To Acquire Alexion In $39 Billion Deal To Push Into Immunology

AstraZeneca has decided to buy Alexion in a deal of $39 billion, valuing Alexion at $175 per share on Saturday. AstraZeneca aims to diversify its portfolio by adding the cures of rare illnesses to its offerings.

US cases continue to rise faster than other countries

This is CNBC's live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: At least 1,139,207Global deaths: At least 60,874US cases: At least...

Dr. Fauci warns about ‘knockout drug’

This is CNBC's live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 1,026,900Global deaths: At least 53,975US cases: At least...

NY Gov. Andrew Cuomo holds a press conference on the coronavirus

New York Gov. Andrew Cuomo is holding his daily press conference on the COVID-19 outbreak, which has infected more than 84,000 people in the state as of Thursday morning. On Wednesday, Cuomo announced he would close New York City's playgrounds after...

Over 1,000 NYC police contract COVID-19

This is CNBC's live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 885,000Global deaths: At least 44,000US cases: At least 190,000US deaths:...

Supplies sent to NYC, global growth heads to zero

This is CNBC's live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 800,000Global deaths: At least 38,714US cases: At least 164,610US deaths: At...