CNBC US News

The shares will be distributed to shareholders at the close of business on August 24, and trading will begin on a split-adjusted basis on August 31.

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.

It's up from the company's fiscal second quarter of 2020, when the company reported a $192.8 billion cash pile.

Impossible Foods' partnership with Walmart is a "very significant" step for the company, CEO Patrick Brown said Thursday.

It is unclear when Democrats and Republicans will resume talks on another coronavirus relief bill as key unemployment benefits expire.

Comcast's NBCUniversal division took some hits in the second quarter as advertisers pulled back spending and theme parks had to shut down entirely.

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.

Pompeo's comments come a day after the CEOs of tech giants Amazon, Apple, Facebook and Google testified before the House Judiciary subcommittee on antitrust.

"No one's declaring victory," Adm. Brett Giroir, an assistant secretary at HHS, told reporters on a conference call Thursday.

There was broad agreement among the 15 members of the U.S. House of Representatives antitrust subcommittee that big technology has too much power. Still, that doesn't mean Congress knows what to do about it.

Joe Biden came out swinging against President Donald Trump's record on the economy on Thursday, hours after new data showed the U.S. suffered its worst quarterly downturn in history in the midst of the spreading coronavirus pandemic.

"If we get to 50% but it's not safe, to me, it's not a vaccine that we can authorize," FDA Commissioner Dr. Stephen Hahn said.

The global space economy reached $432.8 billion last year, according to a report by the Space Foundation on Thursday.

"We have said it before and we will say it again, young people are not invincible," WHO Director-General Dr. Tedros Adhanom Ghebreyesus said during a press conference.

The federal appeals court said it will rehear arguments on the criminal case against former Trump national security advisor Michael Flynn.

Coca-Cola on Tuesday announced it will release a hard seltzer under its Topo Chico brand later this year.

Neither the Great Depression nor the Great Recession nor any other slump over the past two centuries have ever caused such a sharp drain on the economy.

Warner's remarks came after Jeff Bezos of Amazon, Facebook's Mark Zuckerberg, Sundar Pichai of Google and Apple's Tim Cook testified before Congress on antitrust and anti-competitive behavior.

As climate change drives higher sea levels and stronger storms, there will be an increase of about half of the world's land, half of the global population and nearly half of global assets at risk of flooding by 2100.