CNBC Top Stories

Check out the companies making headlines in midday trading.

The growing divide between China and the U.S. is expected to accelerate, disrupting long-running economic and financial ties.

CNBC's "Fast Money" traders Tim Seymour and Guy Adami stop by "Trading Nation" to share their top market do's and major market don'ts.

Nike said the changes it is making will lead to a "net loss of jobs across the company," which will result in pretax, one-time employee termination costs of roughly $200 million to $250 million.

Across the country, colleges are slashing staff to offset revenue losses from Covid-19, and faculty — from small liberal arts colleges to large public university systems — are feeling the pain.

The increase came after sharp declines over the previous three months due to the coronavirus pandemic. Sales were still 11.3% lower annually.

Bullish options traders are betting that the electric automaker will soar at least 25% by the end of the week after it reports earnings

Italian authorities want to know if Apple and Amazon engaged in anti-competitive cooperation in the sale of Apple products and Beats headphones.

Billionaire investor Bill Ackman said highly levered companies will have a hard time surviving as the country struggles to reopen fully.

Pershing Square Capital Management's Bill Ackman spoke to CNBC's "Squawk Box."

While much of the world has either gotten used to wearing face masks during the coronavirus pandemic, the U.S. has vacillated wildly.

United Airlines says fares are likely to slip due to weak demand.

The surging value of mega-cap tech stocks is giving U.S. index funds, most notably the Nasdaq 100, a hefty concentration in just a few names.

Airline stocks might not be the best bet right now with uncertainty still looming in the industry, says Todd Gordon, managing director at Ascent Wealth Partners.

If you were thinking of taking advantage of low mortgage rates and buying a home, first make sure you know what you can afford.

The farewell was extravagant and emotional, with a water cannon salute, a nostalgia-filled ceremony by Qantas featuring poems and video tributes, and a ceremonial performance by Aboriginal elders.

We believe this is a tremendous opportunity for several reasons, activist shareholder Ken Squire says.

Homebuyer demand and an already strong refinance market pushed mortgage application volume up 4.1% last week, the Mortgage Bankers Association said.

The stocks making the biggest moves in premarket trading include Biogen, Pfizer, Best Buy, Snap, iRobot, and more.

The big-box retailer furloughed about 51,000 employees in April when it had a curbside-pickup-only store model.