Gilead Sciences' sales fell 10% in the second quarter from a year earlier as the coronavirus pandemic weakened demand for some of its drugs, including some of its core hepatitis treatments.
Facebook CEO Mark Zuckerberg on Thursday said there is no timetable for when employees will return to the company's offices amid a continuing surge in Covid-19 cases in the U.S.
Apple Chief Financial Officer Luca Maestri didn't expand on the topic, but Apple sometimes announces new iPhones in September and then sells them later.
More than 150,000 reservations have been made for the upcoming two- or four-door SUV, far surpassing Ford's initial expectations, according to executives.
Dr. Elizabeth "Betsy" Nabel is leaving effective immediately after sitting on the company's board of directors for five years, Moderna said in a statement.
CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, tech is in focus. Just one day after the CEO's testified before Congress, Facebook, Apple, Amazon, and Google all reported earnings. Plus, CNBC.com's Pippa Stevens breaks down this week's wild and speculative swings in Kodak stock.
Tech CEOs from Apple, Google, Amazon and Facebook testified Wednesday in front of the House Judiciary subcommittee on antitrust. Six experts discuss what they took away from the hearing.
Cain, a onetime presidential hopeful who was once considered by Trump for the Federal Reserve, is among the highest-profile public figures in the United States to have died from Covid-19.
As of Thursday's close, Apple, Amazon, Alphabet and Facebook were collectively worth $4.9 trillion. The companies will likely surpass $5.1 trillion as of Friday's open, taking into account Thursday's after-hours gains.
Former President Barack Obama delivered a eulogy for the late congressman and civil rights leader John Lewis, calling for automatic voter registration, an Election Day national holiday and expanded ballot access.
The Pixel 4a will compete directly with Apple's new iPhone SE, which offers the same powerful processor as the more expensive iPhone 11 and bonus features such as wireless charging and water resistance. The 2020 iPhone SE starts at $399.