CNBC Top Stories

On the same day Nike reported a $790 million loss in quarterly earnings, CEO John Donahoe told employees that layoffs are coming.

Healthy.io, maker of at-home urine testing tech, is buying its largest U.S. rival in a $9 million deal.

Virgin Galactic is looking forward to the growing opportunity to fly NASA astronauts and researchers on its spaceflights.

With multiple states experiencing a spike in Covid-19 cases amid the ongoing pandemic, controversy has brewed over whether people should be required to wear masks in public to help slow the spread of the virus.

These are the stocks posting some of the largest moves in midday trading.

"As I said from the start, if the positivity rate rose above 10%, the State of Texas would take further action to mitigate the spread of COVID-19," Gov. Greg Abbott said in a press release.

Ford is bringing a new level of technology to its 2021 F-150 pickup to attract new buyers while also trying to please its loyal customers with features tailored to them.

Social media posts that make trading look fun and easy are partially responsible for the rush of retail investors to the stock market, says Dan Egan, managing director of behavioral finance and investing at Betterment.

Many colleges and universities are still determining how they will address the question of student housing in the age of Covid-19. Some schools are looking for answers off campus.

American Airlines announced Friday that it will resume full flights starting July 1 amid the ongoing coronavirus pandemic.

A spinoff of VMware may make the most sense for Dell, VMware and their shareholders with Dell struggled as a public company.

The second quarter is nearly over, and analysts still are clueless about what earnings companies will be reporting.

The PAC, Defeat by Tweet, is planning a site that will allow donors to give reoccurring contributions to the organization every time Trump tweets.

The move comes after Trump confirmed his administration would continue to press for its elimination, ignoring warnings about the risk of voter backlash.

Data from staffing firms that track hourly employees show job growth may have stagnated or even declined in recent weeks.

After declining for three weeks, the number of borrowers delaying their monthly mortgage payments due to the coronavirus rose sharply.

Amazon is jumping deeper into the market for autonomous driving with the purchase of Zoox, which was valued at over $3 billion in 2018.

"It will be an new normal. There will be protocols in place that had not been in place before," New Jersey Gov. Phil Murphy told CNBC on Friday.

Congress approved $32 billion in coronavirus aid for airline workers in March, but travel demand remains weak.

U.S. consumer spending rebounded sharply in May, but the gains are not likely to be sustainable, with income dropping and expected to decline further as millions lose their unemployment checks starting next month.