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"People really missed the cinemas and wanted to go back into the big screen,"Cineworld CEO Mooky Greidinger told CNBC.

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Contessa Brewer breaks down how the disaster response to Hurricane Laura is complicated by Covid-19 safety protocols. Plus the latest on today's suspenseful TikTok drama, and CNBC's Bob Pisani explains how the the unbalanced stock ownership levels in America help the rich get richer.

Workday will have a dual CEO structure for the first time since one of its co-founders, Dave Duffield, stepped down in 2014.

Pier 1 stores were known for their "treasure hunt" atmosphere and renowned for their colorful home furnishings and distinctive holiday decorations. But times have changed and Pier 1's unique blend of products and experience no longer seemed to resonate with consumers in a sea of furniture outlets, big box stores and online retailers.

Analysts and industry-watchers say TikTok fits into Walmart's broader strategy to expand its reach with customers, collect valuable consumer data and amp up its e-commerce business to fend off Amazon.

See which stocks are posting big moves after the bell.

Microsoft and Oracle are among U.S. companies vying to acquire the assets of TikTok, which claims about 100 million monthly active users in the U.S.

This is CNBC's markets live blog that will be updated throughout the day. 

One of the strongest hurricanes ever to strike the U.S. pounded the Gulf Coast with wind and rain Thursday as Laura roared ashore in Louisiana near the Texas border.

Advertising trade groups are condemning amendments to a California consumer protection bill, claiming it would "have a chilling effect on commercial speech, the availability of digital content, and online commerce."

Stocks rose on Thursday after the Federal Reserve unveiled a new framework that could keep interest rates lower for a longer period of time.

House Speaker Nancy Pelosi vowed that Congress will get President Trump's income tax returns from the next Treasury Department secretary if Democratic nominee Joe Biden is elected.

United Airlines said on Thursday it will need to cut 2,850 pilot jobs between Oct. 1 and Nov. 30 if the government does not extend an aid package to help airlines cover employee payroll for another six months while they weather the coronavirus pandemic.

Wednesday's playoff games were canceled after Milwaukee Bucks players refused to play in protest of Blake's shooting.

"Everyone who wants a test does not necessarily need a test," CDC Director Dr. Robert Redfield said in a statement late Wednesday.

Although many perils are covered under the standard part of your homeowners insurance policy, some weather-related events qualify for coverage differently — and some may not be covered at all.

In September, Vanguard will transition its Prime Money Market Fund into a government money market fund and rename it the Vanguard Cash Reserves Federal Money Market Fund. Fee reductions are also coming for investors.

"The frustration that the players feel is something that's felt broadly among the ownership group, too. We want to see change," Sacramento Kings co-owner Chris Kelly told CNBC.

The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.

Some people received stimulus checks that fell short of what they expected. Now, the IRS is adding individuals who had money withheld for their spouse's unpaid child support to the list of people who will receive catch-up payments in the coming weeks.