CNBC Top Stories

Gary Cohn, once Trump's top economic advisor, said Monday that he's still unsure whether he will support the president's reelection bid.

SoftBank bought Arm for $31.4 billion in 2016, and the sale is seen as a move to raise much-needed cash as it has recently lost a significant amount of money in its high-profile investments in companies like WeWork and Uber.

Former Starbucks CEO Howard Schultz endorsed Democratic presidential nominee Joe Biden on Monday in a message to his email list that warned that "what is at risk is democracy itself."

Beyond Meat is bringing its plant-based meatballs to grocery stores nationwide.

As Washington gridlock over extended relief for small businesses continues, cities and local communities are helping Main Street entrepreneurs. Some are offering grants, others equity finance.

If the Food and Drug Administration approves the vaccine, the company is prepared to distribute "hundreds of thousands of doses, Pfizer CEO Albert Bourla said.

Microsoft announced that ByteDance has decided not to sell it TikTok's U.S. assets

New York Sports Club owner Town Sports International filed for Chapter 11 bankruptcy Monday, with many gyms nationwide still shut because of the Covid pandemic. 

Verizon Communications said on Monday it would buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal.

Top economists including Joseph Stiglitz, Paul Krugman and Mark Zandi offer predictions on the future of globalization. Jim O'Neill does not expect companies to stop selling to Chinese consumers, even if Western politicians say there will be consequences for the Covid-19 outbreak. Esther Duflo suggests coronavirus could be a bright spot for emerging economies to be able to compete with China. Jeffrey Sachs thinks a remote workforce could help bring the brightest minds to more jobs.

British chip designer Arm is set to be acquired by rival Nvidia for $40 billion but Arm's co-founder isn't happy about it.

The EU and China are having a meeting on Monday to take stock of their investment negotiations. However, experts doubt that there will be any major developments.

New data from the National Restaurant Association outline how hard the industry has been hit by the pandemic, with an estimated $165 billion in sales lost from March through July and more than 8 million workers either furloughed or laid off at the peak of the outbreak.

The economic fallout from the coronavirus pandemic is pushing retirement savers to pull thousands of dollars from their nest eggs to make ends meet.

Walmart is partnering with drone unicorn Zipline to make on-demand deliveries of health and wellness products starting early next year. Trials will take place near Walmart's headquarters in Arkansas.

OPEC has cut its forecast for oil demand growth this year, citing a weaker-than-expected recovery in India and other Asian countries.

In open defiance of state regulations and his own administration's pandemic health guidelines, President Donald Trump hosted his first indoor rally since June, telling a packed, nearly mask-less Nevada crowd that the nation was "making the last turn" in defeating the virus.

The deal will provide Gilead access to Immunomedics' cancer treatment drug called Trodelvy, an FDA-approved treatment for metastatic triple-negative breast cancer.

Amazon.com on Monday said it is recruiting 100,000 more workers — the fourth hiring spree it has announced for the United States this year — to keep pace with e-commerce demand that jumped during the pandemic.

Germany has come under increasing pressure to pull the plug on its controversial giant gas pipeline project with Russia.