CNBC Business

Billionaire investors Stanley Druckenmiller and Bill Ackman backed the South Korean e-commerce giant Coupang well before Thursday's stock market debut.

The company also announced that its CEO Mary Dillon will step down in June, and be replaced by its president, Dave Kimbell.

The potential windfall is tied to underrepresentation of Black talent. The total opportunity for greater diversity is significantly larger.

The online seller of secondhand clothing issued a weaker-than-expected sales outlook for the current quarter.

These are the stocks posting the largest moves after the bell on Thursday, March 11.

A global pandemic didn't stop ardent Funko collectors from stocking up on miniature models of their favorite characters from pop culture.

The Grand Wagoneer SUV will test whether Jeep can expand its product range into the lucrative luxury segment and attract new customers.

Shares of GM are up 36% this year following a slew of new product announcements, including plans to sell auto insurance and to shift its lineup to EVs by 2035.

Yelp data scientist Justin Norman told CNBC he also sees a comeback "through the 260,000 businesses that have been able to reopen after temporarily closing."

The government will pay for laid off workers to maintain their employer-sponsored health insurance through September.

Shares of electric vehicle start-up Canoo surged after the automaker detailed its third planned product, a bubbly-looking pickup truck.

Biden is poised to embark on a nationwide tour to tout the passage of the $1.9 trillion Covid relief bill, his first major legislative accomplishment.

The group of activist investors looking to seize control of Kohl's board reduced the number of directors that it plans to nominate, to five from nine.

The pandemic has inspired retailers and consumer packaged goods brands to experiment with new ways to introduce products to customers.

On Thursday, a bipartisan group of lawmakers introduced the Paycheck Protection Program Extension Act, which would extend the program deadline to May 31.

GE stock fell 8% on Thursday, extending losses after the company said it will sell its jet-leasing business. JPMorgan analyst Steve Tusa warned of looming debt.

The highly contagious coronavirus variant first identified in the U.K. is associated with a 64% higher risk of dying than earlier strains, a new study said.

Nike has laid out a five-year roadmap to creating a more diverse and inclusive workforce, the company announced Thursday.

These college students are stepping up to help stop the spread of Covid on campus. This is part of CNBC's College Voices series.

Pfizer said its Covid-19 vaccine blocked 94% of asymptomatic infections in an Israeli study – a result CEO Albert Bourla called "extremely important."